west asia conflict

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    Petrochemical Import Duty Exemption Amid West Asia Crisis

    New Delhi, April 2 The government on Thursday exempted the import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia.The duty exemption, which is valid until June 30, will benefit...
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    India Inc. Credit Outlook Stable Amid US Tariffs & West Asia Conflict

    Mumbai, Apr 1 US tariff orders are likely to moderate India Inc's credit profiles in the second half of FY26, and the West Asia conflict, especially its duration, will play a crucial role in determining how it pans out in the future, rating agencies said on Wednesday.Crisil Ratings, which...
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    Indian Navy Minutes From Sea Strike During Operation Sindoor

    Mumbai, April 1 The Indian Navy was just minutes away from launching an attack on Pakistan from the sea during Operation Sindoor when Islamabad requested a halt to kinetic operations, Navy Chief Admiral Dinesh K Tripathi said on Wednesday.The Navy Chief was speaking at the naval investiture...
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    Manturov Visits India to Discuss Bilateral Relations and Global Impacts

    New Delhi, April 1 Russia's First Deputy Prime Minister Denis Manturov will undertake a two-day visit to India starting Thursday to review bilateral ties and exchange views with his Indian counterparts on the fallout of the West Asia conflict.Manturov is scheduled to hold separate talks with...
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    Nepal Adapts to Reduced Western Tourist Numbers

    Kathmandu, April 1 – Nepal has experienced the impact of the ongoing crisis in West Asia, as the number of foreign tourist arrivals from Europe, the Americas, West Asia, and Africa dropped sharply in March, the Nepal Tourism Board (NTB) said on Wednesday.The conflict began on February 28, when...
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    PM Modi Considers Essential Needs Amid West Asia Situation

    New Delhi, April 1 Prime Minister Narendra Modi will review the situation arising from the West Asia conflict and the availability of essential needs, including food, energy, and fuel security for common people, with a group of senior cabinet ministers on Wednesday evening.The meeting is...
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    India Real Estate Sees Resilience Amid Global Headwinds

    New Delhi, April 1 Institutional investment in the Indian real estate sector fell by 62 per cent during the January-March period to USD 1.41 billion from the previous quarter, due to negative sentiment caused by the conflict in West Asia, according to Vestian.Investment in real estate stood at...
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    Global Markets Rise as Trump Hints at Middle East Resolution

    Mumbai, April 1 Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict.Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65...
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    West Asia Conflict Impacts India Sooner, Gandhi Cites Policy Concerns

    Nazira (Assam), Apr 1 Hours after the increase in commercial LPG cylinder prices, Congress leader Priyanka Gandhi Vadra said on Wednesday that the impact of the West Asia conflict has been felt in India sooner than expected due to the flawed policies of Prime Minister Narendra Modi.Speaking to...
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    Government Assures Crop and Fuel Availability Amidst Global Concerns

    The Government assured today that seeds of all types of crops are sufficiently available in the country amidst the West Asia conflict. Addressing the Interministerial Meeting on Recent Developments in West Asia in New Delhi, Additional Secretary of the Department of Agriculture and Farmers...
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    Crisil: Banks Face Moderating Growth and Rising Delinquencies

    Mumbai, April 1 Amid the West Asia conflict, domestic rating agency Crisil on Wednesday estimated that banks' credit growth would moderate marginally in FY27 and delinquencies would rise.The banking system is expected to report a 13 per cent credit growth in 2026-27, a marginal dip compared to...
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    Silver Prices End Winning Streak, Hit Rs 2.39 Lakh/kg

    New Delhi, April 1 Silver prices ended a three-day winning streak and fell by Rs 1,854 to Rs 2.39 lakh per kilogram in futures trading on Wednesday, tracking weak global trends amid geopolitical tensions in the ongoing conflict in West Asia.On the Multi Commodity Exchange, the white metal for...
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    US Tariffs and Geopolitical Risks Shape India's Rating Profile

    Mumbai, April 1 US tariff orders are likely to moderate India Inc's credit profiles in the second half of FY26, and the West Asia conflict, especially its duration, will play a crucial role in determining how it pans out in the future, rating agencies said on Wednesday.Crisil Ratings, which...
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    Balance Sheet Resilience Key for Indian Corporates - Ind-Ra

    New Delhi, April 1 India Ratings and Research (Ind-Ra) said on Wednesday that the corporate credit profile has remained strong for the fifth consecutive year in 2025-26, supported by domestic policy measures and favorable macroeconomic conditions.Disruptions related to tariffs were largely...
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    Delhi Prices Hike: LPG, Fuel, and More See Increases

    New Delhi, April 1 The Congress launched a scathing attack on the government on Wednesday over the rising prices of certain essential commodities, alleging that the Modi government has "completely destroyed" the country's strategic and economic policies.Congress president Mallikarjun Kharge...
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    India's Aviation Sector: Government Intervention Alleviates Fuel Costs

    New Delhi, April 1 SpiceJet Chairman and Managing Director Ajay Singh said on Wednesday that the government's decision to allow only a partial increase in jet fuel prices would be a significant relief for the country's aviation industry at a time of unprecedented global uncertainty.Public...
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    Navigating Energy Costs: India's Aviation Sector Response

    New Delhi, April 1 Civil Aviation Minister K Rammohan Naidu said on Wednesday that the decision by public sector oil marketing companies to implement a partial and staggered increase in jet fuel prices for domestic airlines will help protect passengers from sharp fare hikes.Aviation Turbine...
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    West Asia Conflict Impacts India's Construction Costs

    Kolkata, April 1 The escalating conflict in West Asia is beginning to put pressure on India's real estate sector, with material prices rising, and industry leaders warning of a potential 5 per cent increase in construction costs if the hostilities continue through April.Construction schedules...
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    Jaishankar Meets with Portuguese Counterpart to Discuss Key Issues

    External Affairs Minister Dr. S. Jaishankar had a conversation with his Portuguese counterpart, Paulo Rangel, last evening. In a social media post, Dr. Jaishankar stated that both sides discussed the conflict in West Asia. He also added that they discussed further strengthening bilateral...
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    Rupee Fluctuates: Factors at Play

    Mumbai, April 1 The rupee gained 15 paise to 94.70 against the US dollar in early trade on Wednesday, tracking positive cues from domestic equity markets and the retreat of the US dollar overseas.However, the local currency remained under pressure due to higher crude oil prices and sustained...
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