middle east conflict

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    FM Sitharaman: India Has Room to Respond to Global Challenges

    New Delhi, April 6 Finance Minister Nirmala Sitharaman said on Monday that India has fiscal space to support sectors affected by the escalating West Asia crisis, while the Reserve Bank has room to cut interest rates to deal with global challenges.The Monetary Policy Committee, headed by the...
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    Market Rally: Sensex and Nifty Recover Amidst Crude and Banking Support

    Mumbai, April 6 The benchmark indices, Sensex and Nifty, staged a sharp rebound on Monday after falling in early trading following a correction in crude oil prices amid reports of ceasefire efforts in the ongoing Middle East conflict.Besides, intense buying in bank stocks also supported...
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    Israel Targets Iranian Infrastructure, Eliminates IRGC Leader

    Jerusalem, April 6 Defence Minister Israel Katz announced on Monday that the Israeli Air Force assassinated Majid Khademi, the chief of the Islamic Revolutionary Guard Corps' Intelligence, as he threatened to hunt down Iranian leaders "one by one".In a statement following a situational...
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    Tehran Air Strike Targets Iranian Revolutionary Guards Leader

    Tel Aviv, April 6 – The Israel Defense Forces (IDF) claimed on Monday that they had killed Majid Khatem-Hosseini Khadami, the Chairman of Iran's Revolutionary Guards' (IRGC) intelligence organization, in an air strike in Tehran on Sunday night."Eliminated: Majid Khademi, Head of Intelligence...
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    Africa's Economy at Risk: Conflict and Supply Chain Disruptions

    Addis Ababa, April 6 – The African Union (AU) and its partners have warned that the ongoing Middle East conflict poses a "serious risk" to African economies.In a joint policy brief, the AU, the United Nations (UN) Economic Commission for Africa, the African Development Bank, and the UN...
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    Trump Signals Iran Deal Pursuit, Threatens Action

    Jerusalem, April 6 – US President Donald Trump told Israeli media that the United States is engaged in "intensive" negotiations with Iran to secure a ceasefire, while stressing that Washington will not "abandon" the conflict mid-way.Trump said his administration is maintaining contact with...
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    Araghchi's Calls on Security and Economic Consequences

    Tehran, April 6 – Iranian Foreign Minister Seyed Abbas Araghchi exchanged views with his Russian and Indian counterparts on the ongoing regional conflict involving the United States, Israel, and Iran.In two separate phone calls on Sunday, Araghchi discussed the latest developments in the West...
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    Nepal Adapts with Two-Day Weekly Holidays Amidst Fuel Supply Issues

    Kathmandu, April 5 Nepal announced two days of weekly holidays for government offices and academic institutions on Sunday, in response to the fuel supply shortage caused by the conflict in the Middle East.The Council of Ministers decided to provide Saturday and Sunday as weekly holidays...
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    Report: Pakistan's Actions Questioned Amidst Geopolitical Tensions

    According to a report in The Times of Israel, Pakistan's attempt to position itself as a mediator in the ongoing tensions involving the United States, Israel, and Iran has come under scrutiny, highlighting Islamabad's complex historical role and strategic contradictions. The report cited...
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    Growing Threat: China's AI Analysis of US Military Movements

    Washington, April 5: Chinese firms are using artificial intelligence and open-source data to track US military movements during the Iran war, raising fresh concerns in Washington about emerging battlefield surveillance risks, a media report said.A growing number of Chinese private companies...
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    Iran Conflict: Congress Reacts to Trump's Ultimatum

    Washington, April 4 – U.S. President Donald Trump warned Iran on Saturday that "time is running out," giving what he described as "48 hours before all hell breaks loose," as lawmakers in Congress sharply criticised his strategy and authority in the escalating conflict.In a social media post...
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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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