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THIS AFTERNOON: War drag could shave 1 pp off GDP growth, says EY
Plus: India’s fertilizer supply looks secure despite global volatility
India’s CAD stands to triple if crude prices stay elevated, report says
India’s macro stability is facing renewed energy strain as energy shocks, remittance dependence, and near-zero FDI inflows converge to pressure…
Business activity across the world is already reeling from the impacts of the war
That’s why economists are increasingly using one word to describe what’s happening: stagflation
Modi reassures markets on fuel buffers as war fallout hits India’s growth and manufacturing
The PM likened the war's economic pressure to the COVID-19 pandemic, just as Goldman Sachs slashed India's GDP forecast and…
Fed holds steady as uncertainty due to the war drives caution
The move was widely expected among investors as the war clouds the global economic outlook
Stagflation rewrites the hedge book as oil breaks old safe havens
Brent longs are at a six-year high, the USD is back in favor, and even classic havens are no longer…
Hormuz disruption ripples through India’s economy as oil, freight costs surge
Rising crude prices and Hormuz shipping disruptions are lifting India’s import bill, straining exporters, and forcing supply chain adjustments
IMF warns Middle East conflict could add 40 bps to global inflation, and some central banks are likely to pause monetary easing
This will happen if the current regional conflict drives oil prices up by 10% and holds them there for most…
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