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Iranians increasingly blame US Israel for economic misery as war squeezes daily life

Iranians increasingly blame US Israel for economic misery as war squeezes daily life

Iran’s “resistance economy” is being hit hard by the US Israel war, with mounting economic pressure showing up in higher food prices and weakening social development indicators. As markets and institutions face the risk of deeper damage, Iran may be pushed toward drastic moves that could spark violent escalation—or force a new regional understanding.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India can still grow above 7 percent even with crude at 100 a barrel

India can still grow above 7 percent even with crude at 100 a barrel

India’s economy could keep expanding above 7 percent a year even if crude oil stays elevated at about USD 90–100 per barrel, according to Assocham. The industry group points to historical patterns showing consumption-driven resilience and expects growth to remain strong through 2026–27, despite some global forecasts calling for a slowdown.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Rajnath Singh Warns Strait of Hormuz Disruption Would Hit India’s Economy and Stability Directly

Rajnath Singh Warns Strait of Hormuz Disruption Would Hit India’s Economy and Stability Directly

Defence Minister Rajnath Singh said in Berlin that disruptions in the Strait of Hormuz would have direct consequences for India’s energy security, economy, and national stability. Framing it as “stark realities” rather than distant events, he argued that India’s developing economy remains highly vulnerable to any disruption in critical energy routes.

Summarised by Beize from a story on Republic on 24 Apr 2026
India UK FTA Explained How scotch and cars could get cheaper for Indian buyers

India UK FTA Explained How scotch and cars could get cheaper for Indian buyers

The India UK free trade agreement is set to eliminate or slash tariffs on a range of goods and services, opening doors for Indian exporters and potentially reducing costs for buyers in India. Labour-intensive sectors like textiles, marine products, leather, footwear, and pharmaceuticals are expected to benefit most, while imported items may see price relief through lower trade barriers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Iran’s oil runs everything from protests to power yet deepens the state’s paradoxes

Iran’s oil runs everything from protests to power yet deepens the state’s paradoxes

Iran’s 1979 revolution began with hopes of freedom and independence, but power struggles reshaped the country into a repressive state. Oil became a central force, shaping political decisions and public expectations. Today, recurring protests reflect economic stress and shrinking civil liberties, with new demonstrations increasingly focused on personal rights and everyday freedoms.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
October GST collection hits Rs 1.52 lakh crore second highest ever since GST rollout

October GST collection hits Rs 1.52 lakh crore second highest ever since GST rollout

GST collection for October clocked in at about Rs 1.51 lakh crore, marking the second-highest monthly figure since the implementation of the Goods and Services Tax. The finance ministry had anticipated collections would finally surpass the Rs 1.5-lakh-crore threshold in October, and the results landed just above that mark.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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GST collections jump 26 percent to Rs 1 47 lakh crore in September

GST collections jump 26 percent to Rs 1 47 lakh crore in September

India’s GST collections surged 26% in September, reaching over Rs 1.47 lakh crore, the finance ministry said. The monthly mop-up has stayed above Rs 1.40 lakh crore for seven consecutive months, signaling sustained tax collections amid the ongoing push to grow compliance and stabilize revenues.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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