west asia conflict

Housing Sales Decline 13% Across Nine Major Indian Cities New Delhi, March 30 – Housing sales across nine major Indian cities – Delhi-NCR, Mumbai, Navi Mumbai, Thane, Bengaluru, Pune, Hyderabad, Chennai, and Kolkata – experienced a significant downturn in the first quarter of 2026, falling 13...

Rupee Performance Amid Global Uncertainty New Delhi, March 30 – Finance Minister Nirmala Sitharaman stated on Monday that India’s economic fundamentals remain robust, and the Indian rupee is performing well against the US dollar when compared to other emerging market economies. Rupee...

India Temporarily Reopens PDS Kerosene Supply in 21 States Amid Energy Crisis New Delhi, March 30 – The central government has authorized the temporary allocation of public distribution system (PDS) kerosene in 21 states and Union Territories, including regions previously designated as...

Domestic Indices Decline Sharply Amid Geopolitical Tensions Mumbai, March 30 – Domestic benchmark indices opened sharply lower on Monday, with the Sensex declining by over 1.38 per cent and the Nifty slipping by approximately 1 per cent. The market downturn was fueled by escalating tensions in...

SJM Raises Concern Over Panic Fuel Buying, Urges Shift Towards Renewable Energy Surge in LPG Bookings and Fuel Demand Triggers Alarm New Delhi, March 29: The RSS-affiliated Swadeshi Jagran Manch (SJM) on Sunday flagged concerns over rising panic buying of fuel and a sharp increase in LPG...

Government Explores Tax Relief Measures as West Asia Conflict Drives Up Airline Costs New Delhi, March 29: The Ministry of Civil Aviation is evaluating multiple measures to cushion Indian airlines from the financial strain caused by the ongoing West Asia conflict, with a key focus on reducing...

Stock Market Outlook: Global Tensions, Oil Prices to Drive Equities in Holiday-Shortened Week New Delhi, March 29: Domestic equity markets are expected to remain sensitive to global developments in the coming week, with the ongoing West Asia conflict, crude oil price movements, and broader...

Indian Equity Markets Lose ₹8.86 Lakh Crore Amid West Asia Tensions New Delhi, March 27 – Indian equity investors faced a massive loss of ₹8.86 lakh crore on Friday as markets plunged over 2%, driven by escalating tensions in West Asia and a fresh spike in crude oil prices.Market OverviewBSE...

Centre’s ₹10 Per Litre Excise Duty Cut on Petrol and Diesel: Consumer Relief and Revenue Impact New Delhi, March 27 – The government’s decision to cut excise duty on petrol and diesel by ₹10 per litre provides near-term relief to consumers while raising questions about its impact on government...

Crude Oil Prices Plunge Amid Global Uncertainty, Rupee Weakens Crude Oil Price Volatility Brent crude futures fell as much as 2.29 per cent to $105.53 per barrel as of 9:40 am, while US WTI crude declined 2.54 per cent to $92.08. So far this week, Brent crude has dropped over 5 per cent...

DAP Sales Surge in Maharashtra Triggering Hoarding Concerns Fertilizer Sales Jump 70% Amidst National Panic Buying Nagpur, Maharashtra – March 26 – Maharashtra Chief Minister Devendra Fadnavis on Thursday cautioned against hoarding following a significant increase in the sales of Diammonium...

New Delhi, March 26 The West Asia conflict could reduce economic growth in the Asia-Pacific region by up to 1.3 percentage points over 2026-2027 and increase inflation by 3.2 percentage points if energy market disruptions last more than a year, according to a research by the Asian Development...

New Delhi, March 25 Following a rebound in the stock market, investors' wealth has surged by ₹15.80 lakh crore in two days, driven by a sharp decline in crude oil prices and hopes of de-escalation in the West Asia conflict.Stock markets have been rallying for the past two trading days, with...

Gold and Silver Prices Surge Amid Easing West Asia Tensions Mumbai, March 25 – Gold and silver prices witnessed a significant increase on Wednesday, driven by easing tensions in the West Asia conflict.On the Multi Commodity Exchange (MCX), gold futures (April 2) rose as much as Rs 5,658, or...

Sensex and Nifty Surge on Geopolitical Easing, Crude Oil Decline Mumbai, March 25 – Dalal Street opened positively for the second consecutive trading day on Wednesday, bolstered by easing geopolitical concerns and reports suggesting a potential diplomatic solution to the West Asia conflict...

Gold and Silver Prices Fall Sharply as Easing West Asia Tensions Weigh on Safe-Haven Demand Precious Metals Decline Across MCX and Global Markets Mumbai, March 24: Gold and silver prices witnessed a sharp decline on Tuesday, as easing tensions in West Asia reduced demand for safe-haven assets...

New Delhi, March 23 – Around 95 flights are expected to arrive in India from the UAE on Monday, as limited non-scheduled flights continue from the region. Flights from Saudi Arabia and Oman to India are also continuing, according to an official statement.The airspace over Qatar remains...

PM Modi Urges Unity, Preparedness Amid West Asia Conflict New Delhi, March 23, 2026 – Prime Minister Narendra Modi on Monday stated that the difficult global conditions caused by the West Asia conflict are likely to persist for an extended period and called upon the nation to remain prepared and...

Civil Aviation Ministry Monitors West Asia Conflict Impact on Flight Operations New Delhi, March 23 – The Ministry of Civil Aviation said on Monday that the financial and operational implications of the West Asia conflict on flight operations are evolving, and appropriate measures are being...

Modi Addresses Lok Sabha on West Asia Conflict, LPG Shortage Prime Minister Narendra Modi on Monday termed the prevailing situation in West Asia “worrisome” as it is having a very adverse impact on the global economy and the livelihoods of people. Modi is expected to address the Lok Sabha around...