middle east crisis

New Delhi, April 11 – The ongoing crisis in the Middle East has created opportunities for India in various ways, ranging from augmenting strategic petroleum reserve capacities at home to diversifying imports, a report highlighted on Saturday.Writing for the non-profit initiative Politeia...

Mumbai, April 10 The benchmark indices Sensex and Nifty surged by over 1% on Friday, driven by buying in the banking sector and a positive trend in global equities.Investor sentiment improved amid hopes of further easing in the Middle East crisis ahead of US-Iran negotiations and lower crude...

New Delhi, April 9 The Ministry of Commerce held meetings with exporters on Thursday to discuss challenges related to packaging, shipping, and port operations amid the West Asia crisis, an official said.Commerce Secretary Rajesh Agrawal chaired two meetings, which were attended by...

New Delhi, April 9 The World Bank has marginally raised India's growth projections for the 2026-27 fiscal to 6.6 per cent, and said that while cuts in the Goods and Services Tax (GST) rate would boost consumer demand in the initial months of the fiscal, headwinds arising from the Middle East...

New Delhi, April 8 The World Bank on Wednesday slightly raised India's growth projections for the 2026-27 fiscal year to 6.6 per cent, stating that while cuts in the Goods and Services Tax (GST) rate would boost consumer demand in the initial months of the fiscal, the Middle East crisis could...

Washington, April 8 Foreign Secretary Vikram Misri began a three-day visit to the US on Wednesday to meet with senior officials to review bilateral trade and defence relations and discuss global developments, including the crisis in the Middle East.The visit of the foreign secretary offers an...

Kolkata, April 6 The Indian Plastics Federation (IPF) on Monday urged the Centre to declare plastics as an essential commodity in the face of sharp disruptions in polymer supply and prices caused by the ongoing crisis in the Middle East.The industry body said the sector is facing a severe cost...

New Delhi, April 5 State-owned Coal India Ltd plans to offer 25.62 million tonnes of coal through online auction this month, a move expected to mitigate the impact of energy supply shocks on industries amid the West Asia crisis.Disruptions in the supply of LNG, LPG, and crude oil from the...

The government announced today that full customs duty exemptions will be provided on critical petrochemical products until June 30th this year, amid the ongoing crisis in the Middle East. Addressing the media at an Interministerial Briefing on Recent Developments in the Middle East, Sanjay...

New Delhi, April 1 Factors such as regional conflict and the temporary closure of the Strait of Hormuz account for only a portion of the increase in fuel prices in Pakistan, according to a new report, which emphasizes that the majority reflects "structural mismanagement, delayed reforms, and...

New Delhi, April 1: Pakistan’s economy faces significantly greater risks associated with the ongoing Middle East crisis, as the impact on the general public is considerably higher than on those nations that do not have to meet strict IMF conditions due to loans taken from the multilateral...

New Delhi, March 30 The Reserve Bank should use foreign exchange reserves to stabilize the rupee, which has been affected by the ongoing crisis in the Middle East, according to a research report by SBI on Monday.The rupee breached the 95/USD mark on Monday and closed 7 paise higher at 94.78...

New Delhi, March 30 The Ministry of Civil Aviation on Monday said that 99 aircraft were grounded this year until March 25 due to technical defects and maintenance delays."Aircraft grounded due to technical defects or maintenance delays were reported as 356 in 2023, 414 in 2024, 567 in 2025...

Lucknow, March 29 Uttar Pradesh Chief Minister Yogi Adityanath said on Sunday that while many countries around the world have declared a "state of emergency" due to the crisis in the Middle East, India is moving forward with full strength due to Prime Minister Narendra Modi's "visionary"...

New Delhi, March 29 The government may announce more relief packages for vulnerable segments of the economy, including the MSME sector, to help them sustain and keep inflation under control in the domestic market if the West Asia crisis continues, sources said.The government has announced a...

Home Minister Amit Shah stated that despite global disruptions caused by tensions in the Middle East, daily life in India has remained unaffected, and the country has effectively managed the crisis.Speaking at a summit organized by a private media outlet in New Delhi last evening, the Home...

Bhubaneswar, March 27 The opposition BJD in Odisha demanded on Friday that the state's BJP government reduce the VAT rate on petrol and diesel, asserting that reducing the central excise duty on fuel is not enough to alleviate the suffering of the people.The Biju Janata Dal (BJD) also said...

Mumbai, March 27 The pilots' group, ALPA India, on Friday urged the Ministry of Civil Aviation and the regulator, DGCA, to suspend flight operations into high-risk conflict zones until a centralized risk assessment is carried out amidst the escalating West Asia crisis.Highlighting the need for...

New Delhi, March 26 India has approximately 60 days of fuel stock cover, the government said on Thursday, adding that there is no shortage of petrol, diesel, or LPG, as it dismissed reports of shortages as a "deliberate misinformation campaign" aimed at triggering panic buying.The Ministry of...

New Delhi, March 24. Bangladesh has remained in the "red" category of countries, which are at risk of food inflation, for almost three years. Although overall inflation decreased somewhat due to various interim government initiatives, food inflation has increased again over the last five months...