A new category of investment funds was launched amid war-led oil price rises and global uncertainty in West Asia.
1 report, 1 independent
Updated Jun 30
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What happened
A new category of investment funds was launched amid war-led oil price rises and global uncertainty in West Asia.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A joint venture between SBI and Amundi is seeking investments in an IPO, amidst oil price rises caused by the Iran war.Sub-event
New investment fund category launched in India amidst West Asia geopolitical uncertainty.1 source
Keep exploring
Part of
The geopolitical crisis in West Asia is contributing to uncertainty, forcing the central bank to allow the rupee to depreciate to absorb external economic pressures.Also in this story
- Narendra Modi urged citizens to reduce consumption to preserve reserves amid economic strain caused by the Middle East conflict.
- The ongoing crisis is causing downside bias in GDP projections for the region.
The entities involved
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West Asia
western region of Asia