middle east conflict

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    Central Govt Cuts Excise Duty on Petrol, Diesel for Citizens

    Panaji, March 27 Goa Chief Minister Pramod Sawant on Friday welcomed the Central government's decision to reduce excise duty on petrol and diesel by Rs 10 per litre each, stating that this timely intervention will ensure fuel stability and provide relief to citizens.In a notification on...
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    Fuel Prices Stable as India Implements Excise Duty Changes

    New Delhi, March 27 The government has reduced excise duty on petrol to Rs 3 per litre and exempted diesel from the duty, aiming to protect consumers from the impact of rising global crude prices amid the ongoing conflict in the Middle East.Global crude prices have increased by almost 50 per...
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    India’s Fuel Retailers Respond to Rising Crude Prices

    New Delhi, March 27 The government has reduced excise duty on petrol to ₹3 per litre and completely exempted diesel, aiming to help oil marketing companies like HPCL, BPCL, and IOC cope with rising global crude prices amid the Middle East conflict.The Finance Ministry, in a notification dated...
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    US Military Redirection Impacts Indo-Pacific Partners

    Washington, March 27 The ongoing conflict in the Gulf could weaken America's strategic position in the Indo-Pacific, raising concerns for partners like India as military resources and attention shift away from Asia, senior former US officials warned.The official said the crisis is already...
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    Diplomatic Outreach: Pakistan's Engagement for Iranian Peace

    Islamabad, March 26 Pakistan said on Thursday that it was "actively and constructively engaged" with all stakeholders in the region and beyond to peacefully end the Iran war.Foreign Office spokesperson Tahir Andrabi faced a barrage of questions regarding Pakistan's role in the peace efforts...
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    Trump Signals NATO Disappointment, Resource Reallocation

    Washington, March 26 – The United States has signaled a dual shift in its global posture, criticizing NATO allies for inaction in the Iran conflict while indicating that military resources could be diverted from Ukraine to the Middle East.US President Donald Trump expressed frustration with...
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    Russia Cites Pandemic Analogy as Putin Expresses Uncertainty Over Conflict

    Moscow, March 26 Russian President Vladimir Putin said on Thursday that no one, including those involved in the Gulf conflict, can foresee its grave consequences for the world, which are comparable only to the Covid pandemic.Addressing the delegates of the congress of the powerful Union of...
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    Farooq Abdullah Calls for Restraint Amidst Rising Tensions

    Srinagar, March 26 Amid the ongoing military conflict between Iran and the Israel-US combine, National Conference president Farooq Abdullah on Thursday called for immediate de-escalation in the Middle East and urged all parties involved to exercise restraint.In a statement, Abdullah said the...
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    Regional Instability: War in the Middle East Continues

    March 26, New Delhi — The United States and Israel have intensified their strikes against Iran, with attacks becoming larger in scale and more frequent, according to reports, amid uncertainty over possible negotiations.Iran has rejected talks, saying it will continue to "resist" US aggression...
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    India's Fuel Market Shifts: Nayara Hike Amid State-Owned Firm Stays Frozen

    New Delhi, March 26 Nayara Energy, India's largest private fuel retailer, on Thursday raised petrol prices by ₹5 per litre and diesel by ₹3 a litre, passing on a portion of the recent surge in global oil prices following the war in the Middle East, sources said.Indian fuel marketing companies...
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    India's Economic Outlook: OECD Forecasts Growth Amid Global Challenges

    New Delhi, March 26 The Organisation for Economic Cooperation and Development (OECD) projected India's GDP to grow at 7.6 per cent in the current fiscal and 6.1 per cent in 2026-27.In its interim Economic Outlook report, the OECD said that the evolving conflict in the Middle East has "human...
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    India's Fertilizer Sector Faces Potential Output Cuts Due to Raw Material Disruptions

    Mumbai, March 26 India's annual production of urea and complex fertilizers is likely to decline by 10-15 percent due to supply chain disruptions caused by the ongoing conflict in the Middle East, according to a Crisil Ratings report released on Thursday."The ongoing issues in the Middle East...
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    Pidilite Strategy: Balancing Raw Material Costs and Profitability

    Mumbai, March 26 Adhesive maker Pidilite will bear some of the price pressures resulting from rising raw material costs, but does not expect operating profit margins to fall below the 20-24 per cent target range, a top official has said.The city-headquartered company's immediate focus will be...
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    Tensions Rise as Iran Rejects US Negotiation Claims

    March 26, New Delhi: Iran says it is reviewing a U.S. proposal to end the war but clarified that backchannel communications do not constitute formal negotiations.Foreign Minister Abbas Araghchi stated that the proposal is under consideration by Iran’s top leadership, while rejecting any...
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    Supplementary Budget Proposed to Support Korean Businesses and Households

    Seoul, March 26 – The ruling Democratic Party (DP) of South Korea and the government have agreed to submit an additional budget bill to the National Assembly next Tuesday, according to the budget minister, in an effort to mitigate the economic impact of a prolonged war in the Middle East on...
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    Australia Tightens Migration Rules for Iranian Travelers

    Canberra, March 26 – The Australian government has moved to block the entry of temporary visa holders from Iran amid the ongoing conflict in the Middle East.Tony Burke, the Minister for Home Affairs, announced on Wednesday night that he had used laws passed by the federal parliament earlier in...
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    Government Targets Energy Conservation as Global Energy Costs Rise

    Seoul, March 26 – South Korean President Lee Jae Myung urged the nation to cooperate on energy-saving efforts on Thursday, as the prolonged war in the Middle East has disrupted global energy markets, but pledged no changes in electricity prices.Lee made the remarks during an emergency economic...
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    Sharif's Diplomatic Outreach: Pakistan Facilitates Dialogue in West Asia

    Islamabad, March 25 Pakistani Prime Minister Shehbaz Sharif briefed Saudi Crown Prince Mohammad bin Salman on Wednesday about Islamabad's diplomatic efforts to de-escalate the West Asia conflict.Sharif, in a statement on X, reiterated Pakistan's strong condemnation of the recent attacks on the...
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    Pakistan’s Diplomatic Outreach Intensifies as US-Iran Conflict Escalates

    Islamabad, March 25 – Pakistan Prime Minister Shehbaz Sharif briefed Saudi Crown Prince Mohammad bin Salman on Wednesday about Islamabad's diplomatic efforts to de-escalate the conflict in West Asia.Furthermore, Pakistan continued its diplomatic outreach by holding telephone conversations and...
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    Spain's PM Voices Opposition to Conflict, Prioritizes Economic Support

    Madrid, March 25 – Spanish Prime Minister Pedro Sánchez reiterated his opposition to the war in Iran on Wednesday, which has spread across the Middle East, criticizing the military actions of the United States and Israel.The Spanish premier also defended his government's economic package aimed...
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