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...
aviation turbine fuel (atf)
diesel
excise duty
export duties
fuel
goa
goa chief minister
government policy
india
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petrol
pramod sawant
tax reduction
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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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crude oil prices
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fuel retailers
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strait of hormuz
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...
crude oil prices
diesel prices
excise duty
fuel marketing
india
international oil prices
jio-bp
middleeastconflict
nayara energy
oil imports
petrol prices
strait of hormuz
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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global trade-offs
india
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us foreign aid
us government officials
us military resources
us-india relations
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...
communication
conflict resolution
de-escalation
diplomacy
diplomatic engagement
foreign office
international relations
iran war
ishaq dar
middleeastconflict
pakistan
peace efforts
regional stakeholders
saudi arabia
tahir andrabi
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...
arms sales
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donald trump
geopolitical strategy
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international relations
iran
middleeastconflict
military resources
nato
nuclear weapons
russia-ukraine war
strategic priorities
ukraine
united states foreign policy
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...
conflict consequences
energy supply chains
fertilizers
gulf region
hydrocarbons
industrialists and entrepreneurs
international logistics
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russia
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vladimir putin
world war
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...
conflict resolution
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farooq abdullah
international relations
iran
israel
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military conflict
national conference
political statements
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strait of hormuz
united states
west asia
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...
alireza tangsiri
diplomacy
energy security
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hezbollah
international affairs
iran
israel
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middleeastconflict
military strikes
oil prices
political relations
strait of hormuz
united states
us-iran relations
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...
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...
economic outlook
emerging market economies
energy prices
fertilizers
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gdp growth
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india
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middleeastconflict
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strait of hormuz
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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...
ammonia
complex fertilizers
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urea
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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...
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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donald trump
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lebanon
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united states
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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...
budget bill
democratic party
economic impact
energy transition
fuel prices
local elections
middleeastconflict
national assembly
oil price stabilization
people power party
small businesses
south korea
supplementary budget
vulnerable households
welfare services
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...
australia
australian government
conflict risk
home affairs
immigration system
iran
middleeastconflict
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temporary visa
travel permissions
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visa exemptions
visa restrictions
visitor visas
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...
budget planning
economic policy
electricity prices
energy conservation
energy policy
fuel price caps
government response
korea electric power corp.
middleeastconflict
public sector
south korea
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...
conflict resolution
de-escalation
diplomacy
diplomatic outreach
eid-ul-fitr
foreign office
international relations
iran
middleeastconflict
pakistan
regional stability
saudi arabia
united states
us-iran relations
west asia
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...
china
conflict resolution
de-escalation
dialogue
diplomatic outreach
european union
iran
malaysia
middleeastconflict
pakistan
qatar
regional stability
saudi arabia
shehbaz sharif
united states
us-iran relations
west asia
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...
conflict resolution
economic impact
economic policy
european union
gaza
government response
international law
iran
lebanon
middleeastconflict
military action
pedro sanchez
political relations
spain
value added tax (vat)