The UAE, in a startling announcement, said that it will withdraw from OPEC and the wider OPEC alliance, effectively ending nearly six decades of cooperation, in a move carrying potentially …
Tag:
West Asia
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Opinion: The Bitter Lessons of Conflict
by Sridhar Krishnaswami 6 minutes readAir Force Two is still parked in Washington DC. Vice President, J.D. Vance who was all set to leave for Islamabad for his Round Two with Iranian interlocuters is now …
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Opinion: Sifting Through Noise and Clutter
by Sridhar Krishnaswami 5 minutes readThere are a lot of developments in the Middle East pertaining to the American-Israeli war on Iran; but none that speaks or even point in any positive direction as to …
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Fuel Duty Cut Turns Oil Shock into Fiscal Crisis for Centre
by R. Suryamurthy 6 minutes readThe Union government’s decision to cut excise duties on petrol and diesel by ₹10 per liter — even as it reimposes export levies on refined fuels — represents a calculated …
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Beyond Oil: How the West Asia Conflict Is Rewiring India’s Economic Stability
by R. Suryamurthy 5 minutes readThe escalating conflict in West Asia is rapidly emerging as a multi-dimensional economic shock for India, threatening to unsettle currency stability, capital flows, and macroeconomic balances, even as policymakers rely …