middle east conflict

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    Geopolitical Concerns Prompt Gold Loan Industry’s Deferral Request

    New Delhi, March 23 The Association of Gold Loan Companies (AGLOC) has sought a six-month deferral of the Reserve Bank of India's (RBI) revised guidelines on lending against gold and silver collateral, scheduled for implementation by April 1, 2026, citing emerging geopolitical uncertainty and...
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    India's Markets Hit by War-Related Wealth Erosion

    New Delhi, March 23 Investors' wealth has eroded by a staggering ₹48.29 lakh crore since the start of the West Asia war on February 28, sending shockwaves across global markets and driving the BSE Sensex down by 10.56 per cent.Since the conflict began, the BSE benchmark Sensex has fallen by...
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    Investor Wealth Drops as India Markets React to Geopolitical Tensions

    New Delhi, March 23 The wealth of investors has eroded by a staggering ₹48.29 lakh crore since the start of the West Asia war on February 28, sending shockwaves across global markets and driving the BSE Sensex down by 10.56 per cent.Since the conflict began, the BSE benchmark Sensex has fallen...
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    Global Fuel Shortages Trigger Rationing and Restrictions

    New Delhi, March 23. Countries worldwide are taking drastic measures to conserve fuel and ensure continued energy access for their people in the wake of the disruption in oil and gas supplies triggered by the escalation in the Middle East conflict.The impact of the current disruptions in West...
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    India Markets React to Rising Oil and Geopolitical Tensions

    Mumbai, March 23 – The benchmark indices Sensex and Nifty plunged on Monday, in line with a very weak trend in global markets as the war in the Middle East showed no signs of slowing down.Rising crude oil prices due to the war, coupled with relentless foreign fund outflows and weakness in the...
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    Bond Yields Rise Amid Crude Price Concerns

    Mumbai, March 23 The benchmark bond yield in India rose to a 14-month high on Monday, possibly due to the surge in Brent crude oil prices amid escalating conflict in the Middle East.The yield on the 10-year government bond was trading at 6.8173 per cent around 11 am on Monday, compared to...
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    Rising Inflation and Middle East Tensions Impact Gold

    New Delhi, March 23 Gold prices plunged sharply by Rs 8,089 to Rs 1.36 lakh per 10 grams in futures trading on Monday, tracking a global sell-off amid rising inflation fears and a firm US dollar.On the Multi Commodity Exchange, the yellow metal for April delivery slumped by Rs 8,089, or 5.6...
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    Golders Green Fire: Community Concerns Rise Amid Antisemitism Fears

    London, March 22 – Four ambulances belonging to a Jewish community emergency service were set on fire in the Golders Green area of north London. According to local media reports, police are treating the incident as an antisemitic hate crime.Officers from the Metropolitan Police were called to...
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    Cambodia Suspends LPG Imports Amid Middle East Conflict

    Phnom Penh, March 23 – Sokimex, one of Cambodia’s leading importers of petroleum and Liquefied Petroleum Gas (LPG), has announced that it will temporarily suspend LPG supply from April due to severe transportation disruptions caused by the ongoing conflict in the Middle East.In an official...
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    Sensex and Nifty Decline Amid Global Concerns

    Mumbai, March 23 Benchmark indices Sensex and Nifty plunged sharply in early trading on Monday as the Middle East conflict entered its fourth week, driving up crude oil prices.A significant bearish trend in global equity markets and relentless foreign fund outflows also made investors nervous...
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    Protests Against Iran Attacks Surge Across Europe

    London, March 23 – Thousands of protesters took to the streets in London, joining a growing wave of demonstrations across Europe against US and Israeli military strikes on Iran.In the British capital, a large crowd marched from Russell Square to Whitehall on Saturday (local time), carrying...
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    State Increases PNG Supply to Ease Restaurant Concerns

    Mumbai, March 23 The supply of Piped Natural Gas (PNG) to commercial establishments in Maharashtra has been increased by 20 per cent, according to state Food and Civil Supplies Minister Chhagan Bhujbal, offering relief to restaurants and eateries.The government has decided to ease PNG...
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    Regional Conflict: Pakistan's Response to Saudi Arabia's Security Concerns

    According to a report, Pakistan has remained silent despite Saudi Arabia facing repeated attacks from Iran, targeting key installations, including energy infrastructure, even though Islamabad has a "Strategic Mutual Defence Agreement (SMDA)" with Riyadh.Despite receiving financial and...
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    Larsen & Toubro Plans for Infrastructure Despite Rising Costs

    Mumbai, March 22 Amid concerns over a surge in import bills due to rising commodity prices in the wake of the Middle East conflict, Larsen & Toubro is hoping that the government will continue with its capital expenditure, even if it means a widening of the fiscal deficit.The engineering...
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    95% of L&T’s Middle East Projects Continue Despite Conflict

    Mumbai, March 22 Engineering, procurement and construction major Larsen & Toubro has not seen any major business impact due to the ongoing Middle East conflict, as nearly 95 per cent of the projects are continuing to function, a top official has said.The company, which gets over 35 per cent of...
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    India Reviews Energy Situation Amid Middle East Conflict

    New Delhi, March 22 Prime Minister Narendra Modi will chair a meeting on Sunday evening with senior ministers to review the petroleum, power, and fertilizer sectors in light of the evolving situation in the Middle East, sources have said.The focus of the meeting is to ensure uninterrupted...
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    Middle East Conflict Impacts Air India's Operations and Finances

    Mumbai/New Delhi, March 22 The Air India Group has been significantly impacted by the Middle East conflict, and the financial impact is "still unfolding," according to Air India CEO Campbell Wilson, who has also emphasized the need for stricter control over unnecessary expenses.Loss-making Air...
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    Crude Oil Prices and Geopolitical Risks Impact India's Markets

    New Delhi, March 22 Developments related to the ongoing conflict in West Asia and its impact on crude oil prices will continue to influence investor sentiment in a week shortened by holidays, analysts said.In addition, trends in global markets, trading activity of foreign investors, and the...
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    Israel-Iran Conflict Escalates: Casualties Reported in Southern Israel

    March 22, New Delhi: Two missiles launched from Iran struck southern Israel on Saturday, injuring more than 100 people, including children, in the most destructive attack of the ongoing three-week conflict.Rescue workers were active at the sites in the cities of Dimona and Arad. Dimona is home...
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    Iran Strait of Hormuz Threat: Escalation in Middle East

    Washington, March 22 – US President Donald Trump threatened to "hit and obliterate" Iran's power plants within 48 hours if it does not reopen the Strait of Hormuz, even as he said Washington was close to achieving its military objectives in the conflict.In a series of posts, Trump issued a...
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