New Delhi, March 13 India's city gas distribution (CGD) industry could see its daily sales volumes decline by 8-10 per cent in the near term as the ongoing conflict in West Asia disrupts natural gas supplies, according to a report by Crisil Ratings.The disruption has primarily affected imports...
city gas distribution
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commercial gas
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lng imports
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New Delhi, March 11 – Former High Commissioner of India to Bangladesh, Veena Sikri, on Wednesday described the evolving situation in West Asia as extremely serious, warning that the conflict is worsening and having far-reaching humanitarian and economic consequences. She expressed hope that the...
conflict resolution
diplomacy
economic impact
energy markets
gulf countries
humanitarian crisis
india
infrastructure damage
international relations
iran-israel conflict
lngprices
regional stability
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According to Crisil Ratings, a prolonged war in the Middle East could adversely affect several Indian sectors with direct trade exposure to the region, including basmati rice, fertilizers, diamond polishing, airlines, and travel operators.The rating agency said that sectors dependent on...