WEST ASIA TENSIONS
India seeks to cool war’s oil burn with flex-fuel shift
India is gearing up to fast-track the integration of flex-fuel vehicles into its automotive landscape. These innovative cars are capable of using higher blends of ethanol, paving the way for decreased dependence on imported oil. As the global oil markets grapple with instability stemming from geopolitical conflicts, this initiative is timely.
Summer vacations, industrial slowdown triggers massive passenger rush at Surat's Udhna railway station
Udhna railway station in Surat saw massive crowds of migrant workers on Sunday. Passengers faced heat and lacked facilities while trying to board trains for summer vacations. Police managed the situation. Western Railway stated arrangements were in place, with over 21,000 people travelling. Special trains were also operated.
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.
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.
First cruise ship 'Celestyal Discovery' crosses Strait of Hormuz since war began: MarineTraffic
A cruise ship has successfully navigated the Strait of Hormuz, a critical waterway, for the first time since the West Asia conflict started. The vessel, Celestyal Discovery, sailed through without passengers. Iran has stated that passage through the Strait will be strictly controlled and require Iranian authorization. This development occurs amid heightened regional tensions.
'We never needed them. They needed us:' Trump criticises NATO over Strait of Hormuz
US President Donald Trump criticized NATO allies for their lack of support during Strait of Hormuz tensions. He stated they were useless when needed and that they required American assistance. Trump praised Saudi Arabia, UAE, and Qatar for their help.
- Go To Page 1
Next round of US-Iran talks likely to be held in Pakistan on Monday: Iranian sources
Iranian and American negotiators are set to meet in Islamabad on Monday. This development signals renewed diplomatic efforts to ease tensions in West Asia. Leaders from Qatar and Turkey have also met Pakistan's Prime Minister, discussing de-escalation. Pakistan's Army Chief recently visited Tehran, aiming to prepare for further talks.
Israel will not be bombing Lebanon any longer, says Trump
United States President Donald Trump has announced a significant shift in policy. Israel is now prohibited from conducting airstrikes in Lebanon. This decision aims to de-escalate tensions in West Asia. Washington is also engaging with Beirut regarding the Hezbollah situation. The move comes amid ongoing hostilities between Israel and Hezbollah.
GIFT Nifty jumps over 300 points after oil price crash. What to expect on Monday?
Indian markets are set for a strong opening as GIFT Nifty surged over 300 points tracking falling crude prices and easing tensions with support from Dow Jones Industrial Average strength and improving global risk sentiment
Trump cheers Iran move to open Hormuz, signals easing of Gulf tensions
Donald Trump welcomed Iran’s decision to keep the Strait of Hormuz open for commercial shipping during the ceasefire period, calling it a positive step amid ongoing efforts to ease regional tensions.
UAE envoy to India flags 2,890 strikes on civilian infra since Feb 28, says 4 million Indian expats integral to nation
The UAE ambassador has reported 2,890 missile and drone attacks. He called these unprovoked strikes and urged stronger international action. The UAE faced these attacks despite not being a direct party to the conflict. These incidents threatened regional stability. UAE air defence systems intercepted most incoming threats. International bodies have called for accountability and reparations.
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.
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.
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.
"US, 'Zionist regime' have no regard for security of region": Iran slams role of regional states, demands halt to support
Iran war: Earlier on Wednesday (local time), Iranian Foreign Minister Abbas Araghchi welcomed Pakistan's Chief of Army Staff Asim Munir in Tehran, expressing appreciation for Pakistan's role in facilitating dialogue and underscoring the shared commitment to regional peace and stability amid West Asia tensions.
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 debt to hit post-World War II levels by 2029, IMF says; warns of rising fiscal strain amid West Asia war
Global public debt is set to surpass 100% of GDP by 2029. This level has not been seen since after World War II. Repeated economic shocks are straining government finances worldwide. Policymakers face challenges balancing fiscal credibility with supporting vulnerable populations. Supply disruptions for key products are being closely watched for their economic impact.
IMF’s Georgieva sees no risk of sharp downturn in India, flags financial sector as key watchpoint
India's economy shines brightly amidst global uncertainty. Growth is projected to be more than double the world's average. This strong performance is driven by stable economic conditions and consistent domestic demand. The International Monetary Fund's Managing Director Kristalina Georgieva highlighted these robust fundamentals. There are no signs of a significant slowdown in India's growth path.
Kharif season faces "double whammy" from El Nino risk and Gulf tensions: Experts
India's upcoming Kharif season faces a double challenge. A likely weak monsoon due to El Nino and ongoing Gulf tensions threaten farm output. Experts warn of rising food prices and reduced rural demand. While government measures may offer some relief, the situation remains uncertain. The monsoon's progress and easing of supply disruptions will be key.
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.
Shelter from Spike 'n' Supply Storm: West Asia tensions test India Inc’s resilience to energy shocks
Escalating tensions in West Asia highlight India’s vulnerability to energy and logistics disruptions. Even without supply cuts, higher freight and insurance costs can strain margins and widen deficits. Strong balance sheets offer a cushion, but prolonged volatility could test corporate earnings, capital expenditure plans, and the broader credit cycle.
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.
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.
Edible oil imports in March rise 12% to 11.73 lakh tonne: SEA
India's edible oil imports saw a 12 percent jump in March. This increase was driven by more crude palm oil shipments. However, future imports may decrease. Global prices are high. Freight costs are also elevated. This situation impacts India's edible oil supply. The Solvent Extractors' Association of India provided this data.
FPIs extend sell-off in April; pull out Rs 48,213 crore from Indian stocks in 10 days
Foreign investors maintained their aggressive sell-off in Indian equities, withdrawing Rs 48,213 crore (USD 5.14 billion) in the first 10 days of April, as rising geopolitical tensions and global macroeconomic uncertainties reduced risk appetite.
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.
West Asia crisis: Government plans weekly monitoring of EXIM flows
India's commerce ministry will launch a weekly system to monitor export-import trends and industry stress. This move addresses concerns over supply chain disruptions and rising costs impacting sectors like apparel and medical devices. Discussions also focused on packaging material challenges and the need for critical input availability. Ports are directed to enhance transparency and efficiency to support trade.
Qatar vows to remain reliable energy supplier to India amid West Asia tensions
Qatar assures India it will remain a dependable energy provider. Indian Oil Minister Hardeep Singh Puri met with Qatar's Energy Minister Saad Sherida Al-Kaabi in Doha. Both leaders stressed the need for stability in global energy markets. They welcomed a ceasefire and emphasized unimpeded navigation for commerce. This visit aims to secure India's energy supplies amid geopolitical challenges.
Public Holding Norms: Listed companies get one-time breather
Sebi has granted a one-time breather to listed companies struggling to meet minimum public shareholding norms due to market volatility from West Asian geopolitical tensions. The regulator will not initiate penal action against companies with compliance deadlines between April 1 and September 30, 2026, effectively suspending enforcement measures.
Load More
