India economy

Iran-Hormuz Crisis: Why One Sea Route Can Hit India’s Fuel Prices

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Iran-Hormuz Crisis: Why One Sea Route Can Hit India’s Fuel Prices

The Iran-Hormuz crisis matters for India because the Strait of Hormuz is not an ordinary sea route. It is one of the world’s most important energy chokepoints, sitting between Iran and Oman and connecting the Persian Gulf with the Arabian Sea. In 2024, around 20 million barrels per day of oil moved through it, equal … Read more

India Factory Growth Slows: Why Rising Costs Are Worrying Businesses

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India Factory Growth Slows: Why Rising Costs Are Worrying Businesses

India’s factory growth improved slightly in April 2026, but the pace remained weak compared with stronger months seen earlier. HSBC’s final India Manufacturing Purchasing Managers’ Index, compiled by S&P Global, rose to 54.7 in April from 53.9 in March. A PMI reading above 50 shows expansion, while a reading below 50 shows contraction. The important … Read more