News for 'global shocks'

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

If not weaponised, everything today is being...: Jaishankar

If not weaponised, everything today is being...: Jaishankar

Rediff.com4 Apr 2026

External Affairs Minister S Jaishankar stated that India has demonstrated resilience in the face of recent global shocks, including the conflict in West Asia, while speaking at the convocation ceremony of IIM Raipur. He emphasised the importance of building national capabilities to de-risk and develop leverage in a changing global order.

'Very Bad For Global Economy If War Continues'

'Very Bad For Global Economy If War Continues'

Rediff.com28 Apr 2026

'Even if the war ends tomorrow, which is unlikely, and we go back to the pre-war status quo, the world will still need some time to get over the sudden shock of oil price increases.'

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com3 days ago

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

Global Leaders React To Shooting At White House Correspondents' Dinner

Global Leaders React To Shooting At White House Correspondents' Dinner

Rediff.com26 Apr 2026

World leaders have expressed their relief and condemnation following a shooting incident at the White House Correspondents' Dinner, emphasising that political violence has no place in a democracy.

Global Leaders React To Shooting At White House Correspondents' Dinner

Global Leaders React To Shooting At White House Correspondents' Dinner

Rediff.com26 Apr 2026

World leaders have expressed relief and condemnation following a shooting incident outside the White House Correspondents' Dinner, where US President Donald Trump and other top officials were present. Leaders from various countries reiterated that political violence has no place in a democracy.

More use of speciality fertilisers can help tide over supply shocks: Experts

More use of speciality fertilisers can help tide over supply shocks: Experts

Rediff.com10 Apr 2026

Despite significant price differences, Indian farmers are increasingly adopting non-subsidised speciality fertilisers, which are seen as a potential solution to the rising fertiliser subsidy burden exacerbated by global supply shocks.

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

Rediff.com8 Apr 2026

The Reserve Bank of India (RBI) has projected a 6.9 per cent GDP growth for the current financial year, citing concerns over commodity prices and supply chain disruptions stemming from the West Asia crisis.

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com21 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.

India's Reliance On Strait Of Hormuz Exceeds Global Average

India's Reliance On Strait Of Hormuz Exceeds Global Average

Rediff.com10 Apr 2026

'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'

Why Staying Invested During Wars Builds Wealth

Why Staying Invested During Wars Builds Wealth

Rediff.com7 May 2026

Disciplined investors who ignore short-term fear build significant long-term wealth, notes Ramalingam Kalirajan

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Rediff.com31 Mar 2026

Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.

Crude at $130 could unsettle growth outlook: S&P Global

Crude at $130 could unsettle growth outlook: S&P Global

Rediff.com15 Apr 2026

S&P Global Ratings warns that a sustained rise in crude oil prices to $130 per barrel could significantly slow India's economic growth, weaken fiscal metrics, and strain corporate and banking sector performance, potentially reducing growth by up to 80 basis points.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com1 days ago

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

Oil Shock Triggers Rs 1.1 Trillion FPI Exits

Oil Shock Triggers Rs 1.1 Trillion FPI Exits

Rediff.com21 Apr 2026

'FPIs are unlikely to return unless there is equilibrium between valuation premium and earnings growth.'

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Rediff.com3 days ago

'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'

Global support pours in for Trump after White House dinner shooting

Global support pours in for Trump after White House dinner shooting

Rediff.com26 Apr 2026

World leaders have expressed their relief and condemnation following a shooting incident near the White House Correspondents' Dinner, emphasising that political violence has no place in a democracy. Leaders including Narendra Modi, Mark Carney, and others have voiced their support and concern for President Trump and all attendees.

No plans for fuel rationing, supply adequate: Oil ministry official

No plans for fuel rationing, supply adequate: Oil ministry official

Rediff.com3 days ago

India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Rediff.com3 days ago

Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.

India's Biggest Petrol Price Hikes Over The Last 20 Years

India's Biggest Petrol Price Hikes Over The Last 20 Years

Rediff.com54 minutes ago

Over the past two decades, India has witnessed several major petrol price hikes, driven by global crude oil fluctuations, economic crises, currency depreciation and geopolitical conflicts. How did we get from Rs 34 to over Rs 100 today

IEA advocates work from home, reduced air travel to tackle oil shock

IEA advocates work from home, reduced air travel to tackle oil shock

Rediff.com20 Mar 2026

The International Energy Agency (IEA) has proposed immediate demand-side measures, including remote work, lower speed limits, and reduced air travel, to mitigate the impact of a global oil supply shock caused by Middle East disruptions.

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Rediff.com2 days ago

Indian investors have seen their wealth erode by a staggering Rs 16.77 lakh crore over four trading sessions, as the markets faced deep losses driven by elevated crude oil prices, geopolitical tensions, persistent foreign fund outflows, and a record-low rupee.

Sensex Rises Over 700 Points, Nifty Crosses 23,600 Amid Positive Market Sentiment

Sensex Rises Over 700 Points, Nifty Crosses 23,600 Amid Positive Market Sentiment

Rediff.com1 days ago

Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, driven by strong performance in banking shares and positive sentiment from Asian markets, alongside optimism surrounding the ongoing US-China Summit.

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

Rediff.com1 days ago

The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com2 days ago

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com2 days ago

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Wholesale Price Inflation Spikes to 42-month high of 8.3%

Wholesale Price Inflation Spikes to 42-month high of 8.3%

Rediff.com23 hours ago

India's wholesale price inflation surged to 8.30 per cent in April, up from 3.88 per cent in March, primarily driven by a significant increase in the prices of fuel, power, and crude petroleum, according to data from the commerce and industry ministry.

Election over, petrol, diesel prices hiked by Rs 3/litre

Election over, petrol, diesel prices hiked by Rs 3/litre

Rediff.com7 hours ago

Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.

While Security Forces Intercept Thousands Of Drones, The Psychological Toll Is Immense

While Security Forces Intercept Thousands Of Drones, The Psychological Toll Is Immense

Rediff.com6 days ago

Occasionally, the silence of the night shift would be shattered by an ear-splitting alarm: 'ALERT, ALERT... This is a security warning.' We were drilled to move away from the windows and avoid the lifts, recalls Krishna Kumar NP, a veteran Dubai-based journalist.

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Rediff.com3 hours ago

Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

Rediff.com1 days ago

US President Donald Trump met with Chinese President Xi Jinping in Beijing to discuss trade, technology, Taiwan, and the Iran war. Xi Jinping said that 2026 will be a 'historic, landmark year' for China-US relations.

Sugar Export Ban Sparks Industry Outcry, Farmer Worries

Sugar Export Ban Sparks Industry Outcry, Farmer Worries

Rediff.com2 hours ago

The Indian government's decision to ban sugar exports until September 30 has drawn sharp criticism from the sugar industry and farmer leaders, who fear long-term negative impacts despite the stated aim of controlling domestic prices and ensuring availability.

Trump, Xi hold talks in the 'biggest summit ever'

Trump, Xi hold talks in the 'biggest summit ever'

Rediff.com1 days ago

US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.

Why The Energy Crisis Will Get Worse

Why The Energy Crisis Will Get Worse

Rediff.com4 days ago

The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com3 days ago

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

Delhi Teenager Beats Rare Bone Cancer After Ventilator Support

Delhi Teenager Beats Rare Bone Cancer After Ventilator Support

Rediff.com1 days ago

A 17-year-old girl diagnosed with advanced Stage 3 Ewing's Sarcoma, a rare type of bone cancer, has recovered after battling respiratory complications and spending nearly 10 days on ventilator support at a Delhi hospital.

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

Rediff.com22 Apr 2026

Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.

S&P: India to maintain robust 6.3% growth even with $130/barrel crude

S&P: India to maintain robust 6.3% growth even with $130/barrel crude

Rediff.com16 Apr 2026

S&P Global Ratings projects India's economy to grow at 6.3 per cent even if crude oil prices average USD 130 per barrel in the current fiscal year, highlighting the nation's resilience amidst the West Asia crisis and strong commitment to fiscal consolidation.

West Asia Conflict Deepens India's Economic Challenges

West Asia Conflict Deepens India's Economic Challenges

Rediff.com30 Apr 2026

Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.

'US Iran strategy may backfire, trigger oil shock and hit India hard'

'US Iran strategy may backfire, trigger oil shock and hit India hard'

Rediff.com2 Apr 2026

Srivastava warned that continued bombing of Iran by the US and Israel could severely undermine any prospects of reopening critical maritime routes through negotiation with Tehran.