middle east crisis

Seoul, April 7 – LG Energy Solution Ltd, South Korea's leading battery maker, announced on Tuesday that it had posted an operating loss in the first quarter, apparently due to the impact of the US-Iran conflict.The operating loss amounted to 207.8 billion won (US$138.2 million) for the...

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...

Seoul, March 31 – The Ministry of Trade, Industry and Resources announced on Tuesday that it has allocated 924.1 billion won ($609 million) in a supplementary budget to address the Middle East crisis amid disruptions in energy and industrial supply chains.The announcement came after the...

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...

Government May Announce More Relief Measures for MSMEs Amid West Asia Crisis Fresh Support Likely as Inflation Risks Rise New Delhi, March 29: The government is considering additional relief measures for vulnerable sections of the economy, including the MSME sector, as the ongoing West Asia...

Bangladesh’s Fossil Fuel Import Bill Projected to Surge by $4.8 Billion New Delhi, March 27 – Bangladesh’s annual fossil fuel import bill is projected to increase by $4.8 billion, representing a 40 per cent rise from 2025 levels, according to a new analysis by Zero Carbon Analytics (ZCA).The...

Government Slashes Excise Duties on Petrol, Diesel Fuel Price Relief: Excise Duty Cut Announced New Delhi – The government announced a reduction in excise duties on petrol and diesel on Friday, aiming to alleviate the impact of rising global oil prices. The excise duty on petrol has been lowered...

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...

Government Launches RELIEF Scheme to Support Exporters Amid Middle East Crisis ₹500 Crore Initiative Aims to Stabilize Trade and Ease Logistics Disruptions New Delhi, March 19: The government on Thursday launched a new scheme titled Resilience & Logistics Intervention for Export Facilitation...

South Korea Fuel Prices Fall After Government Introduces Temporary Price Cap Retail Fuel Prices Drop Following Policy Intervention Fuel prices at gas stations across South Korea have declined notably after the government introduced a temporary fuel price cap last week, according to the Ministry...

Sensex and Nifty Slide in Early Trade as Crude Oil Surge and Global Weakness Weigh on Sentiment Mumbai, March 12: Indian benchmark indices Sensex and Nifty fell sharply in early trading on Thursday, as a surge in global crude oil prices and ongoing geopolitical tensions in the Middle East...

South Korean Stocks Slip as Oil Price Volatility Weighs on Investor Sentiment KOSPI Extends Losses Amid US Iran Tensions and Energy Market Uncertainty South Korean stocks traded lower on Thursday morning as investors remained cautious amid continued volatility in global oil prices linked to the...