Bangladesh faces economic shock as Iran war hits oil imports

IANS | April 13, 2026 7:13 PM

New Delhi, April 13 (IANS) Bangladesh is facing a major economic shock due to the disruption in oil and gas supplies through the Strait of Hormuz in the wake of the Iran war, as the country is heavily dependent on imports for its energy needs, according to an article in the local media.

China stuck with lop-sided economy as consumers ignored: Report

IANS | April 13, 2026 5:35 PM

New Delhi, April 13 (IANS) If China continues pursuing productive grandeur regardless of consumers’ preferences, the world’s leading industrial nation will get stuck with a lop-sided economy that becomes ever harder to rebalance, according to an article in The Wire, a New York-headquartered global digital magazine.

BEML bags $36.38 million export order from Middle East

IANS | April 13, 2026 5:23 PM

New Delhi, April 13 (IANS) State-owned BEML Ltd on Monday said it has secured an export order worth $36.38 million (about Rs 336 crore) from the Middle East for the supply of heavy earthmoving equipment.

India's retail inflation edges up to 3.4 per cent in March

IANS | April 13, 2026 4:42 PM

New Delhi, April 13 (IANS) India's inflation rate, based on the new Consumer Price Index (CPI) series with 2024 as the base year, edged up to 3.4 per cent in March compared to the same month of the previous year, according to data released by the Ministry of Statistics on Monday.

FMCG stocks turn defensive play amid oil spike, geopolitical risks: Analysts

IANS | April 13, 2026 4:20 PM

Mumbai, April 13 (IANS) Fast-Moving Consumer Goods (FMCG) stocks or consumer staples shares are 'well positioned' for investors amid rising crude oil prices and escalating geopolitical tensions, even as the near-term outlook for the sector has weakened, analysts said in a report released on Monday.