middle east conflict

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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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    Sharif's Diplomacy: Pakistan Facilitates Communication Between US and Iran

    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 tense situation in West Asia.In a statement on X, Sharif reiterated Pakistan's strong condemnation of the recent...
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    Sri Lanka Aims for Faster IMF Funds

    Colombo, March 25 Sri Lanka is hoping to receive two installments of its bailout package from the IMF when the IMF team arrives here to complete its mission, Central Bank Governor Nandalal Weerasinghe said on Wednesday.An International Monetary Fund (IMF) team will arrive here on Thursday and...
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    Poll: Majority Oppose Australian Troops in Iran Conflict

    Canberra, March 25 – Only 26 per cent of Australians approve of the US and Israel's strikes on Iran, and half the population would oppose the deployment of Australian troops, a poll found.The latest edition of The Essential Report, a monthly poll on social and political issues conducted by...
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    RBA Response to Australia’s Inflation Figures

    Canberra, March 25 – Australia's annual inflation rate fell to 3.7 per cent in February, defying economists' expectations that it would remain at 3.8 per cent.According to official data released by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by...
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    Regional Tensions: Sharif Briefs Saudi Crown Prince on Peace Efforts

    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 precarious situation in West Asia.The prime minister said in a statement on X that he spoke with the crown prince and...
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    Market Optimism Grows as Crude Falls and Asian Markets Recover

    Mumbai, March 25 – The benchmark indices Sensex and Nifty rose by over 2% on Wednesday, driven by a decline in crude oil prices and a rally in Asian markets amid hopes of de-escalation in the West Asia conflict.Building on its previous day's gains, the 30-share BSE Sensex jumped 1,667.14...
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    India's Economic Forecast: Growth, Inflation, and the Impact of Middle East Conflict

    New Delhi, March 25 S&P Global Ratings on Wednesday raised India's GDP growth forecast for the next fiscal to 7.1 per cent, with private consumption, investment, and exports being key drivers, but said that the conflict in the Middle East could strain the fiscal position due to higher energy...
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    Stock Markets Rise on Oil Price Drop and Asian Market Gains

    Mumbai, March 25 The benchmark indices, Sensex and Nifty, continued their rally from the previous session in the early trading on Wednesday, driven by a sharp decline in crude oil prices and a positive trend in Asian markets, amid hopes of de-escalation in the West Asia conflict.The 30-share...
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    RBA Response to Australia's Latest Inflation Figures

    Canberra, March 25 – Australia's annual inflation rate fell to 3.7 per cent in February, defying economists' expectations that it would remain at 3.8 per cent.According to official data released by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by...
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    US Offers 15-Point Plan to End Iran War

    Washington, March 25 The US has sent Iran a 15-point plan and a ceasefire proposal to end the war in the Middle East, multiple news outlets reported here.The peace plan was shared with Iranian officials on Tuesday via Pakistan, according to the New York Times.ABC News quoted sources saying...
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    US Military Buildup Signals Potential Escalation in Iran Conflict

    Washington, March 25 – The Pentagon is preparing to deploy thousands of troops from the Army’s 82nd Airborne Division to the Middle East, signaling a potential escalation in the Iran conflict even as Washington explores diplomatic options.According to multiple media reports, it is preparing to...
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    Geopolitical Risks and Diplomatic Hopes Drive Oil Volatility

    Washington, March 25 – Oil markets experienced sharp swings as investors weighed the fears of a prolonged conflict in the Middle East against signs of possible diplomatic progress, with prices briefly topping $100 before retreating.Wall Street struggled for direction. Crude oil prices rose...
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