As conflict in West Asia continues unabated, India finds itself confronting the rising cost of economic patriotism AI generated image On 10 May, Prime Minister Narendra Modi stood before a crowd in Hyderabad and asked Indians to change how they live. Avoid foreign travel for at least a year. Work from home where possible. Stop buying gold. He called it economic patriotism. A war involving the United States and Iran had disrupted oil supply routes, driven up the price of every

Amid mounting economic pain, Maharashtra’s Opposition is losing the plot on price rise. As tensions between the United States and Iran roil energy markets, crude prices have surged, currencies have wobbled and inflationary tremors have spread across much of the developing world. India, heavily dependent on imported oil, finds itself exposed once again to the brutal arithmetic of global instability. The rupee is under strain. Petrol prices have breached the psychologically imp

As the war in West Asia continues to drive up crude prices and fiscal pressures, India’s economic resilience is being severely tested. AI generated image It has been nearly three months since the West Asian conflict began, and its ripple effects are striking us harder than the scorching summer sun in the subcontinent. The unfolding situation has already shaken the government’s risk management framework. For years, India benefited from a prolonged “Goldilocks” phase of economi

For a country that still depends on the monsoon, India has grown surprisingly dependent on the Middle East. Not for rain, but for the fuel and fertilizers that keep its farms running. In an era of proliferating conflicts, especially the chronic instability across West Asia as evinced by the Iran conflict, that dependence is proving costly. The connection between geopolitics and the price of tomatoes in Pune is no longer abstract. When tensions flare in the Gulf, crude prices