Wise Investing

Israel-Hamas war impact on India  first let's understand macroeconomics. While macroeconomics is focused on the actions that governments and countries take to influence broader economies. Now let's understand about impact.  The ongoing Israel-Hamas war is likely to affect market sentiments and India's trade relations with the region, experts say. Indian retail investors may face negative consequences if the conflict continues. Disruption of Israeli ports could bring trade to a standstill. India’s trade with Israel – in agricultural products, chemicals, electronics, machinery, and vehicles – doubled to $10.7 billion in FY23. In the current scenario, Indian exporters may face higher insurance premiums and shipping costs. The crisis and the resulting effects on global crude oil supply may hit Indian household budgets.  Global tech giants operating in Israel may consider relocating to India.  IT companies such as Wipro and TCS, which have operations in Israel, are closel...