west asia conflict

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    Central Bank Maintains Course: Interest Rates to Remain Stable

    Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...
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    Government Reports Sufficient Coal Reserves for Power Plants

    New Delhi, April 8 Coal inventories at thermal power plants remained comfortable at around 55 million tonnes as of Tuesday, sufficient for 24 days of uninterrupted power generation based on the average consumption over the last seven days, a senior coal ministry official said.The stock levels...
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    India's Coal Stocks Stable Despite Regional Concerns

    Today, the government stated that sufficient coal reserves are available at mines and power plants across the country in the context of the West Asia conflict. Speaking at an inter-ministerial briefing on recent developments in West Asia in New Delhi, Joint Secretary at the Ministry of Coal...
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    RBI's Monetary Policy Review: Geopolitical Factors Considered

    Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra on Wednesday termed the ceasefire between the US and Iran as "pleasant news," which was taken into account while making the policy decision hours later."At 5:30 am, we received some pleasant news, perhaps not entirely unexpected," Malhotra...
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    RBI Maintains Status Quo: Experts Assess Macroeconomic Response

    New Delhi, April 8 The Reserve Bank's decision to maintain the status quo on interest rates is a measured approach to strengthen the macroeconomic environment, given the global headwinds influencing economic sentiment, experts said on Wednesday.The Reserve Bank kept its key policy rate (repo)...
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    Economic Growth Forecast: RBI at 6.9% Amid Global Challenges

    Mumbai, April 8 The Reserve Bank on Wednesday projected India's GDP growth for the current financial year at 6.9 per cent, lower than the 7.6 per cent estimated for 2025-26, amid elevated commodity prices and supply chain disruptions originating from the West Asia crisis.Unveiling the first...
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    RBI Forecasts 6.9% Growth, Monitors Inflation Risks and Geopolitical Impact

    The Reserve Bank of India has maintained interest rates at 5.25 percent. Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra stated that the Monetary Policy Committee has unanimously decided to keep the repo rate at 5.25 percent with a neutral...
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    Pakistan's Involvement in Ceasefire Exposes Modi's Strategy, Claims Congress

    New Delhi, April 8 In a direct attack on the government, the Congress said on Wednesday that Pakistan's role in bringing about the ceasefire between the US and Iran is a "severe setback" to Prime Minister Narendra Modi's "highly personalized diplomacy" and "the self-proclaimed world leader...
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    Pakistan PM's Plea for Iran Ceasefire Raises Questions

    Washington, April 8 – A social media post by Pakistani Prime Minister Shehbaz Sharif urging US President Donald Trump to delay military action against Iran sparked controversy after users noticed what appeared to be a drafting error suggesting external authorship.The controversy centers around...
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    Pakistan's Plea for Iran-US Dialogue Amidst West Asia Conflict

    Islamabad, April 8 Pakistan Prime Minister Shehbaz Sharif has urged US President Donald Trump to extend the deadline set for Iran amid the ongoing West Asia conflict, as it called for a two-week ceasefire to allow diplomatic efforts to progress.In a social media post on Tuesday, Sharif also...
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    Restrictions on Dubai Flights Cause Operational Disruptions

    Mumbai, April 7 The Federation of Indian Airlines (FIA), a group of airlines, has sought the Centre's help in removing the restrictions imposed by the Dubai Airport Authorities on foreign carriers, which limits them to one rotation per day.In a communication to the Civil Aviation Secretary...
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    Strait of Hormuz: Singapore’s Legal Stand Amid Global Energy Concerns

    Singapore, April 7 Singapore will not negotiate for safe passage through the Strait of Hormuz, as doing so would undermine the fundamental principles of international law, Foreign Minister Vivian Balakrishnan said on Tuesday.Singapore, which has emerged as an Asian financial hub, has been...
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    Kotak Mahindra CEO Highlights Economic and Strategic Shifts

    Mumbai, April 7 Veteran of the finance industry, Uday Kotak, cautioned on Tuesday that the conflict in West Asia, triggered by the US-Israel attack on Iran's port, portends a return of colonialism.Kotak, a non-independent director and founder of the private sector lender, Kotak Mahindra Bank...
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    Navigating Economic Uncertainty: Banks' Shifting Priorities

    Mumbai, April 7 Amid the ongoing conflict in West Asia, a consultancy firm on Tuesday urged banks to shift their exposure away from vulnerable small businesses and retail borrowers who may face the impact of layoffs.Banks need to convert early warning signals into decisive action, EY said in a...
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    Air Travel Impacted: India's Airlines Face Challenges Amid Geopolitical Tensions

    New Delhi, April 7 Indian airlines have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said.The widespread closure of key transit corridors forced...
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    Safety Concerns Raised for Indians in West Asia as Kerala Leaders Criticized

    Wayanad (Kerala), April 7 Congress leader Priyanka Gandhi on Tuesday lashed out at Prime Minister Narendra Modi and Kerala CM Pinarayi Vijayan, accusing them of having no plan for the safety of Indians working in West Asia or for their return, amidst the conflict.Priyanka, the Wayanad MP, also...
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    Family Seeks DNA Analysis of Seafarer Killed in West Asia Conflict

    Mumbai, April 7 The Bombay High Court on Tuesday directed the Deputy Director General of Shipping to collect the remains of a 25-year-old Indian seafarer who died in the West Asia conflict, and send them to a Forensic Science Laboratory for DNA tests.A bench of Chief Justice Shree...
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    Oil Price Changes Reflect Regional Conflict – China Adjusts

    Beijing, April 7 China announced on Tuesday a further increase in gasoline and diesel prices, the second in about two weeks, due to rising international oil prices driven by the ongoing conflict in West Asia.China's top economic planner, the National Development and Reform Commission (NDRC)...
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    TRP Withholding Extended: News Channels Face Delay

    New Delhi, April 7 The government has extended its order to withhold the reporting of Television Rating Points (TRPs) for TV news channels for four weeks, with the aim of "curbing the display of sensationalism and speculative content" amidst the West Asia conflict.The Ministry of Information...
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    I&B Directs BARC to Pause News TRP Publication

    The Ministry of Information and Broadcasting has directed the Broadcast Audience Research Council (BARC) to withhold the publication of Television Rating Points (TRPs) for News TV channels for an additional four weeks. This decision has been taken to curb the display of unwarranted...
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