SECURITY SITUATION IN WEST ASIA
India resilient amid oil shock, may grow 6.8%-7.1% despite global headwinds: SBI Research
India faces global challenges from a strong position. Economic growth is projected between 6.8% and 7.1% for FY27. The nation's banking sector is robust. Opportunities arise for GIFT City and Indian airports. The Reserve Bank of India is likely to maintain its current monetary policy stance. India's resilience is evident amidst regional conflict and global uncertainties.
As Male faces stress, India weighs currency swap extension
India is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compounded by regional conflicts. While India has previously offered substantial financial aid, current regulations present hurdles to fulfilling this latest request. A denial could further strain the Maldives' finances in the near future. Major debt repayments are also looming.
PM Narendra Modi to address nation at 8:30 pm after high-level security, economic reviews
Prime Minister Narendra Modi will address the nation tonight. He chaired high-level meetings focusing on West Asia tensions and domestic preparedness. Discussions covered essential supplies like fuel and food. The government is ensuring adequate stocks for upcoming seasons. Contingency plans are in place to manage potential disruptions.
Narendra Modi chairs key CCS, Cabinet meetings in Parliament
Prime Minister Narendra Modi led a crucial cabinet meeting in New Delhi. Discussions focused on economic affairs and security measures. The government reviewed steps to ensure the availability of essential goods like petroleum products, fertilizers, and electricity. The impact of the West Asia conflict on India's economy was also assessed.
Starlink unable to get signal for India liftoff; faces FDI hurdles amid security concerns
Starlink's plan for satellite services in India is stalled. The government is reviewing Elon Musk's company's investment proposal carefully. National security concerns are a major hurdle. Geopolitical events have heightened these worries. The company awaits crucial security clearance. Officials will discuss the proposal soon. India prioritizes national security in satellite communications.
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West Asia crisis: Govt expands export insurance scheme
India's government has expanded its RELIEF scheme to cover Jordan and Egypt. This move offers higher insurance to exporters facing disruptions from the West Asia crisis. The scheme aims to strengthen export resilience and sustain trade flows. Exporters obtaining new policies after March 16, 2026, are eligible. Reforms also target faster approvals for duty-free imports under the Advance Authorisation Scheme.
'Closely following situation in West Asia': MEA on Pakistan's role in US-Iran ceasefire
India is closely monitoring the evolving security situation in West Asia. The nation welcomes ceasefires and supports peace initiatives. India will attend international talks on maritime security. Efforts are underway to ensure the safety of Indian nationals in the region. India has facilitated the safe return of over 2,300 individuals. The country also remains committed to its climate change goals.
Strongly urge early restoration of freedom of navigation through Strait of Hormuz: India
India has called the targeting of commercial shipping in the West Asia conflict “deplorable” and urged the immediate restoration of safe and free navigation through the Strait of Hormuz, citing concerns over energy security and global trade.
Around 10.10 lakh passengers travelled to India since February 28 from region amid West Asia tensions, says Govt
India is ensuring smooth functioning across key sectors amidst the West Asia situation. The Petroleum Ministry guarantees uninterrupted fuel and LPG supply. Commercial LPG prioritizes essential services. Refineries operate at high capacity with adequate crude. Indian vessels and seafarers are safe. Flights continue to operate, with many passengers returning. The government is actively monitoring and coordinating efforts.
Textiles Ministry plans duty cuts to shield industry amid West Asia crisis
In a bid to navigate the turbulent waters of global shipping issues, India's textiles ministry is advocating for lower duties on rayon pulp and certain cotton varieties. Furthermore, there's potential for a postponement of anti-dumping duties on specific yarns, which would significantly aid supply chains.
West Asia conflict hits tourism, aviation: PHD Chamber of Commerce and Industry flags 15-20%
The ongoing conflict in West Asia is casting a long shadow over India's tourism and aviation sectors. Tourist arrivals have plummeted, prompting airlines to alter their routes, which in turn raises both fares and journey durations. The hospitality industry is feeling the strain as well, with many restaurants shutting down and significant losses reported.
India, Austria seal 15 deals across defence, counter-terrorism, tech and trade
India and Austria have signed fifteen agreements. These cover defence, technology, innovation, and trade. A Joint Working Group will combat cross-border terrorism. The agreements aim to boost cooperation in defence and counter-terrorism. Both nations also agreed on peaceful conflict resolution. Austrian expertise will enhance Indian infrastructure projects. Partnerships will strengthen in defence, semiconductors, and biotechnology.
West Asia War: PM Modi, French President Macron hold telephonic talks; stress urgent need to restore Hormuz safety
Prime Minister Narendra Modi and French President Emmanuel Macron held discussions on the West Asia situation. Both leaders stressed the critical need for maritime security in the Strait of Hormuz. They expressed shared concern over rising regional tensions. The leaders agreed on the importance of ensuring safe and free navigation through this vital shipping route.
Military conflict cannot resolve problems: PM Modi on West Asia, Ukraine
Prime Minister Narendra Modi and Austrian Chancellor Christian Stocker met in New Delhi. They agreed that military conflict cannot solve problems. Both leaders support stable and lasting peace in Ukraine and West Asia. The Austrian Chancellor's visit is expected to boost trade and investment between India and Austria. A new chapter has begun in India-EU relations following the historic FTA.
Massive repatriation effort: Nearly 1 million Indians return from West Asia amid regional turmoil
India has facilitated the return of about 9,84,000 citizens from West Asia since February 28 amid airspace disruptions. The MEA said missions are operating round the clock, coordinating flights and providing consular support. Limited flight services continue across the region. Special assistance has been given to students and fishermen, while authorities remain on alert due to evolving security conditions.
Engineering exports hit record high in FY26; govt support, FTAs boost growth: EEPC’s Chadha
Indian engineering exports achieved a record $122.43 billion in FY25-26. This growth occurred despite geopolitical tensions and trade policy shifts. The sector demonstrated remarkable resilience and adaptability.
Global growth needs unconstricted energy markets: Jaishankar on Hormuz disruption
India is pushing for safe passage for ships. Attacks on merchant vessels are unacceptable. Global growth needs open energy markets. India will work with partners to build strong supply chains. Japan launched a new initiative to help Asian countries facing fuel shortages. This plan offers financial aid to secure energy supplies and diversify sources.
India, Germany decide to shore up defence and energy ties amid West Asia crisis
India and Germany have agreed to strengthen cooperation in defense, green hydrogen, renewable energy, and critical technologies amidst global geopolitical challenges. Discussions during the Foreign Office Consultations in Berlin covered bilateral relations, regional conflicts like West Asia and Ukraine, and future collaboration avenues.
Attacks on merchant shipping completely unacceptable, says Jaishankar amid West Asia situation
India's External Affairs Minister S Jaishankar has strongly backed safe and unimpeded maritime shipping. He stated that attacks on merchant vessels are unacceptable. This comes as India engages diplomatically on the West Asia conflict. The minister also highlighted India's commitment to energy market supply chain resilience. India is closely monitoring developments in the region.
US-Iran war: Trump, PM Modi discuss Hormuz passage & safety
President Trump and Prime Minister Modi discussed the Strait of Hormuz following the US blockade after Iran peace talks broke down. Both leaders emphasized the need for an open and secure strait, addressing India's concerns about its ships. This call follows a previous discussion after the Iran war began.
India activates global diplomatic grid to secure 9.5 lakh citizens amid West Asia crisis
India has evacuated nearly 9.5 lakh nationals from West Asia amid escalating conflict, with the Ministry of External Affairs coordinating large-scale air and land operations. External Affairs Minister S. Jaishankar is leading diplomatic outreach, while missions across the region provide 24x7 assistance, special evacuation routes and support for stranded citizens, including students and seafarers.
PM Modi speaks to Trump on importance of keeping Strait of Hormuz "open and secure"
Prime Minister Narendra Modi and US President Donald Trump engaged in a nearly 40-minute phone call, their first since the US-Israel war with Iran commenced on February 28. Details remain scarce as the world faces an energy crisis due to the ongoing Middle East conflict. US Ambassador Sergio Gor affirmed that India-US relations are robust.
India–US eye 'big-ticket energy deals' soon as PM Modi, Donald Trump discuss West Asia crisis
India and the US are expected to firm up major deals, including in energy, in the coming weeks, even as PM Narendra Modi and US President Donald Trump discussed the West Asia situation and deepened strategic ties.
US-Iran conflict: Chinese President Xi calls to respect sovereignty of all countries in West Asia, Gulf Region
President Xi Jinping of China has urged respect for the sovereignty and security of West Asian and Gulf nations. He called for a sustainable security framework and adherence to international law. This comes as the UAE Crown Prince visits China amid regional conflicts. China advocates for an end to hostilities and unimpeded passage through the Strait of Hormuz.
India’s oil security strategy shows structural gaps amid West Asia crisis: Carnegie India
India's oil security framework has come under renewed scrutiny following the escalation of tensions in West Asia in 2026, which disrupted global energy markets and exposed vulnerabilities in the country's import-dependent energy system, according to a report by Carnegie India.
India Inc pulls back a bit from Gulf as cracks widen across operations
Indian consumer companies are scaling back West Asian operations due to steep losses and a fivefold surge in container costs amid the US-Israel-Iran war. Expansion plans are on hold as some businesses see up to a 40% decline, with mass consumers leaving the region.
Over 9 lakh people evacuated from West Asia: MEA
As the security situation evolves in West Asia and the Gulf region, a senior MEA official said on Monday that wide-scale efforts are underway to ensure the safety and movement of the Indian community in the region, with over 9 lakh Indians having been brought back to the country.
EAM Jaishankar meets UAE Foreign Minister in Abu Dhabi; discusses West Asia security and strategic partnership
External Affairs Minister S Jaishankar met UAE Deputy Prime Minister Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi. Discussions focused on the West Asia situation and strengthening the India-UAE Comprehensive Strategic Partnership. Jaishankar also interacted with the Indian community, assuring them of government efforts for their well-being amidst regional tensions. He appreciated the diaspora's contributions and the UAE's support.
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