Crude oil prices surged above $115 a barrel as the US and Iran exchanged fire, disrupting a ceasefire and raising concerns about escalating Middle East tensions. This renewed conflict threatens to inject volatility into markets, impacting energy prices, industrial activity, and geopolitical risk premia.
Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill
The Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunities for domestic manufacturing and reduce reliance on foreign