geopolitical developments

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    Vikram Misri Discusses Cooperation with US Officials

    April 10, New Delhi – India's Foreign Secretary Vikram Misri is in Washington DC for discussions on India-US bilateral relations. US Ambassador to India Sergio Gor welcomed Indian Foreign Secretary Vikram Misri to the White House.Vikram Misri held a productive meeting with Secretary of State...
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    Market Watch: Banking Stocks Drive Recovery as Global Trends Remain Positive

    Mumbai, April 10 – The Indian stock market indices, Sensex and Nifty, rebounded on Friday morning, driven by a rally in banking stocks and a positive trend in global markets.The 30-share BSE Sensex rose by 630.08 points to 77,261.73. The 50-share NSE Nifty climbed by 203.6 points to 23,978.70...
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    Anish Tawakley Named Chief Investment Officer at DSP Asset Managers

    New Delhi, April 6 DSP Asset Managers announced on Monday that Anish Tawakley has been appointed as Chief Investment Officer (CIO) to oversee equity and fixed income investments.Tawakley joins from ICICI Prudential Asset Management Company, where he was Co-Chief Investment Officer - Equities...
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    LPG Misinformation Drives Panic Buying: Govt. Urges State Outreach

    Bhopal, April 3 – The Union Ministry of Petroleum and Natural Gas has asked all states and Union Territories to immediately step up proactive public communication regarding the availability of LPG and other petroleum products, citing the continued circulation of rumors and misinformation that...
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    LPG Availability Uninterrupted: Indian Oil's Response to Market Disruptions

    India's LPG supply remains stable and sufficient, despite ongoing geopolitical developments in the Middle East that are impacting global energy markets. In a statement, Indian Oil has said that it has maintained uninterrupted LPG supply to households and is currently delivering approximately 28...
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    Gems & Jewelry Exports Get Relief: 30-Day Extension Amidst West Asia Situation

    New Delhi, March 30 The government on Monday provided an additional 30 days to the gems and jewelry sector to meet certain obligations, in order to help them cope with the ongoing crisis in West Asia.The region is a key export destination for the sector. West Asia accounts for approximately...
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    West Asia Conflict Drives Crude Oil Concerns

    New Delhi, March 29 Developments related to the ongoing month-long conflict in West Asia, its impact on crude oil prices, and global trends would continue to be key drivers for domestic equities in the week ahead, analysts said.In addition, the rupee-dollar trend and trading activity of...
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    ICICI Bank CEO Highlights Key Drivers of India's Economic Growth

    Jamshedpur, March 28 ICICI Bank CEO Sandeep Bakhshi said on Saturday that India's strong growth has been driven by its human capital and digital progress.Bakhshi made this statement at the 70th Annual Convocation ceremony of XLRI here.The ICICI Bank CEO was awarded the prestigious Sir...
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    India Extends Gold Import Quotas Amidst Trade Uncertainty

    New Delhi, March 24 The government on Tuesday extended the validity of licenses issued for the import of gold with quota-based duty concessions under a free trade agreement with the UAE until June 3, amidst the West Asian crisis.Under the India-UAE Comprehensive Economic Partnership Agreement...
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    India-UAE CEPA: TRQ License Extension Announced

    New Delhi, March 24 The government on Tuesday extended the validity of licenses issued for gold imports with quota-based duty concessions under a free trade agreement with the UAE until June 3, amid the West Asian crisis.Under the India-UAE Comprehensive Economic Partnership Agreement (CEPA)...
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    Crude Oil Volatility Driven by Geopolitical Concerns

    New Delhi, March 24 Crude oil prices rebounded in futures trading on Tuesday, rising by Rs 204 to Rs 8,549 per barrel amid uncertainty over geopolitical developments in West Asia.On the Multi Commodity Exchange (MCX), crude oil for April delivery increased by Rs 204, or 2.44 per cent, to Rs...
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    Government Debunks Claims of US Seeking Indian Nod for Iran Strikes

    New Delhi, March 21 – The Centre on Saturday firmly rejected what it described as "baseless claims" circulating on social media that the United States had sought permission from India under the LEMOA pact to launch bombing raids on Iran from the western parts of the country.The Ministry of...
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    Central Bank Meetings & West Asia Tensions Drive Market Outlook

    New Delhi, March 15 Gold and silver prices are expected to see further corrective movements in the coming week as investors closely monitor geopolitical developments in West Asia and key central bank meetings that could affect the global monetary policy, analysts said.Traders will remain...
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    Market Correction Amid Geopolitical Risks and Rising Oil Prices

    New Delhi, March 15 Developments surrounding the ongoing conflict in West Asia and crude oil price movements will be the major factors driving trends in the equity market this week, analysts said.In addition to global trends, decisions by the US Fed on interest rates and inflation data would...
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    LPG Supply Stabilized: 29 States See Distribution Begin, Raids Crack Down on Black Market

    New Delhi, March 14 – Commercial LPG cylinder distribution has begun in 29 states and Union Territories, while authorities have intensified raids and surprise inspections across the country to curb hoarding and black-marketing amid increased pressure on cooking gas supplies, a senior oil...
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    India's Auto Sector Sees Growth Amid Geopolitical Concerns

    New Delhi, March 13 Domestic sales of passenger vehicles from manufacturers to dealers increased by 10.6% year-on-year to 417,705 units in February, as positive market sentiment continued, but the conflict in West Asia remains a concern as it could impact manufacturing and exports, the Society...
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    Industry Body Urges Government to Prioritize Telecom Fuel Supply

    New Delhi, March 10 Telecom tower manufacturers expressed concern on Tuesday over the stoppage of LPG supply, which may impact the continuity of mobile and internet services across the country.LPG supplies for telecom tower manufacturers have been stopped by oil firms following a government...
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    Middle East Conflict Disrupts Flights: 279 Indian Flights Canceled, 50 Planned for Monday

    New Delhi, March 8 Indian airlines cancelled 279 international flights on Sunday due to the Middle East conflict, while the Civil Aviation Ministry said it is closely monitoring the situation.The airlines plan to operate 50 flights from the region on Monday, the ministry said, adding that it...
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    Government Extends Export Obligations Amid West Asia Crisis

    New Delhi, March 7 The government has granted certain relaxations to exporters in fulfilling their export obligations, as the trading community is facing difficulties in the movement of goods due to the ongoing West Asia crisis, according to a notification."In view of the prevailing...
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    Government Extends Export Obligations Amid West Asia Crisis

    New Delhi, March 7 The government has granted certain relaxations to exporters in fulfilling their export obligations, as the trading community is facing difficulties in the movement of goods due to the ongoing West Asia crisis, according to a notification."In view of the prevailing...
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