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02.06.26 - 12:48
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Petrol, diesel price hikes could push up inflation and transport costs, says Crisil (Times of India)
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Rising fuel prices are poised to reignite inflation, a Crisil report warns. Expect higher costs for transport, logistics, and manufacturing, directly impacting food and consumer goods. Direct fuel price hikes could add nearly 48 basis points to inflation, with broader effects on supply chains. While GST cuts offer some relief, persistently high oil prices remain a concern for the economy....
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01.06.26 - 10:30
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Businesses face huge spike in shipping costs as Hormuz fuel crisis deepens (SCMP)
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Businesses around the world are confronting a painful – and potentially long-lasting – rise in costs amid the US-Israel war on Iran, as global shipping firms introduce steep price increases to offset a mounting fuel crisis.
In Shanghai, one of the world's busiest ports, the price of shipping a container has already surged dramatically since the start of the war, according to the Shanghai Containerised Freight Index – a gauge tracking spot rates across 13 global trade lanes out of the city.
The......
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