middle east conflict

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    Bihu and Durga Puja: Assam CM Announces Free Gas Cylinders

    Guwahati, April 4 Assam Chief Minister Himanta Biswa Sarma said on Saturday that the state government will provide one free LPG cylinder to each person during the Bihu and Durga Puja festivals.Addressing an election rally in the Mahmora constituency in the Charaideo district, Sarma clarified...
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    Shipping Passage Authorized as Iran Controls Strait of Hormuz

    Tehran, April 4 – Iran has authorized the passage of ships carrying essential and humanitarian goods through the Strait of Hormuz to its ports, the country's semi-official Tasnim news agency reported on Saturday.The report cited a letter, dated March 1, sent to Iran's Ports and Maritime...
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    LPG Flows Resume: Iranian Cargo Reaches Mangalore Amid Regional Tensions

    New Delhi, April 4 An Indian LPG tanker, carrying approximately half a day's cooking gas supply, has successfully crossed the war-affected Strait of Hormuz, while another vessel from Iran has reached the port of Mangalore, signaling continued fuel inflows despite regional disruptions."The LPG...
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    West Asia Conflict Drives Global Oil Market Volatility

    April 03, New Delhi: Global oil markets are experiencing intense price fluctuations due to the ongoing conflict in the Middle East. Brent crude, the international benchmark, rose by 7.8% to $109.03 per barrel, briefly exceeding the $111 mark.Meanwhile, WTI crude oil futures for near-term...
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    India Eyes Increased Production to Reduce Gas Reliance

    New Delhi, April 3 Top government officials, including the Secretary of the Department for Promotion of Industry and Internal Trade, the Power Secretary, and the Director General of Foreign Trade (DGFT), held a meeting on Friday to discuss ways to increase domestic production of induction...
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    Putin, Saudi Crown Prince Urge Diplomatic Resolution to West Asia Conflict

    Moscow, April 2 Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman called on Thursday for an immediate cessation of hostilities and an intensification of political and diplomatic efforts for a long-term resolution to the West Asia conflict.The two held a telephone...
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    Karnataka Minister Urges Private Oil Price Matching

    Bengaluru, April 2 Karnataka Minister K H Muniyappa on Thursday appealed to private oil companies to match public sector LPG rates, as long queues of auto-rickshaws and cars formed outside dispensing stations.Vehicles were reportedly lined up for about one and a half kilometers, but there was...
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    Sunflower Oil Supply Drop: India Faces 10% Volume Decline

    Mumbai, April 2 India's sales volume of refined sunflower oil is expected to decline by about 10 per cent in the current fiscal due to supply-chain disruptions caused by the Middle East conflict and rising prices, which are likely to drive consumers towards cheaper alternatives, a report said on...
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    India Reinstates Diesel & ATF Export Taxes – With an Exception

    New Delhi, April 2 The reimposed windfall export taxes on diesel and aviation turbine fuel (ATF) will not apply to Reliance Industries Ltd's SEZ refinery due to court rulings, a senior official said on Thursday.Effective from March 26, the government revised fuel levies, reintroducing export...
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    Understanding the Gaza War: Iran, Israel, and Regional Dynamics

    New Delhi, April 2 'Between Tehran and Tel Aviv', a book available on Amazon, written by Colonel Rajeev Agarwal, Senior Research Consultant at Chintan Research Foundation, Delhi, serves as a timely expose of the ongoing conflict in West Asia. It unravels the complex web of alliances...
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    Rising Yields Drive ₹17,689 Cr FPI Exit from Indian Bonds

    Mumbai, April 2 Foreign portfolio investors have withdrawn ₹17,689 crore of their investments in Fully Accessible Route (FAR) government securities since the beginning of the conflict in the Middle East, reflecting heightened risk aversion among global investors and growing concerns over...
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    Assam Election: Gandhi Alleges 'One Family' Exploiting State Resources

    Nazira/Tingkhong/Khowang, April 1 Congress leader Priyanka Gandhi Vadra on Wednesday accused Assam Chief Minister Himanta Biswa Sarma of "plundering" everything in the resource-rich state, while the people "have nothing."In back-to-back election rallies, Vadra alleged that the BJP-led NDA...
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    Jet Fuel Increase Provides Relief for Indian Airlines

    New Delhi, April 1 Aviation stocks were in the spotlight on Wednesday, with InterGlobe Aviation rising by 6%, after only a partial increase in jet fuel prices.InterGlobe Aviation, the parent company of IndiGo, started the trading day on a positive note, further rising by 9.84% to Rs 4,332 on...
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    Limited ATF Increase Protects Indian Airlines from Rising Fuel Costs

    New Delhi, April 1 The government's decision on a limited increase in jet fuel prices ensures that airlines' domestic operational costs remain manageable and will not lead to additional fuel surcharges, an official said on Wednesday.Asangba Chuba Ao, joint secretary at the civil aviation...
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    Global Markets Rise as Trump Hints at Middle East Resolution

    Mumbai, April 1 Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict.Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65...
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    Global Markets Rally on Trump's Middle East Remarks

    Mumbai, April 1 Benchmark indices Sensex and Nifty closed nearly 2 per cent higher on Wednesday, in line with a sharp rally in global markets fueled by hopes of a potential de-escalation in the ongoing West Asia conflict.Starting the new fiscal year on a high note, the 30-share BSE Sensex...
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    Ongoing Conflict: Iran and Israel Trade Strikes

    April 1, New Delhi: The conflict involving Iran, Israel, and the US entered its second month on Wednesday, as both nations exchanged attacks.The Israeli military reported that its air defense systems responded to a missile attack from Iran, with air raid sirens activated across central Israel...
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    Rising Fuel Costs Lead to Partial ATF Hike for Indian Air Travel

    New Delhi, April 1 IndiGo said on Wednesday that the partial increase in ATF prices will help protect domestic air travel costs amid rising fuel costs due to the Middle East conflict.In a statement, the airline said, "we are reviewing the impact of this revised ATF price on April 1 on our...
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    LPG Price Hike Reflects Middle East Impact

    Oil marketing companies have increased the prices of commercial LPG cylinders by ₹195 and 50 paise across metropolitan cities in the Middle East conflict.According to the Indian Oil Corporation Limited website, the retail price of commercial LPG cylinders in Delhi is now ₹2,789.50.Similarly...
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    ATF Prices Surge to Record High, Domestic Airlines Get Partial Relief

    New Delhi, April 1 The price of Aviation Turbine Fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, mirroring the surge in global oil prices last month, but for domestic airlines, the increase would only be 8.5 per cent.Domestic airlines will pay...
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