west asia crisis

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    Government Steps to Address Cargo Backlog and Shipping Charges

    New Delhi, April 10 Union Minister Sarbananda Sonowal reviewed port operations on Friday and directed the Directorate General of Shipping to ensure complete transparency in shipping-related charges, saying this ongoing crisis in West Asia must not become an opportunity for profiteering...
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    Arundhati Bhattacharya: Salesforce Confident in India Growth Amid Uncertainty

    Mumbai, April 10 Global tech major Salesforce has not seen any impact of the West Asia crisis on its business in India, says the company's president and chief executive of South Asia, Arundhati Bhattacharya.The company, which focuses on sales, marketing, and customer engagement, believes that...
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    FIEO Forecasts 2-3% Export Decrease Due to Global Uncertainty

    Ludhiana, April 9 The country's merchandise exports are expected to decline by 2-3 per cent in 2025-26 due to global economic uncertainties, exacerbated by the West Asia crisis, according to FIEO.Federation of Indian Export Organisations (FIEO) President S C Ralhan said that the crisis may...
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    India-US Ties Strengthened: Envoy Gor Discusses Future

    US Ambassador Sergio Gor Discusses India-US Future with President Trump Amid Diplomatic Activity Meeting Highlights Strategic Focus on Bilateral Relations Washington, April 8: US Ambassador to India Sergio Gor has said he discussed strengthening India-US relations with President Donald Trump...
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    West Asia Crisis: India Launches Credit Guarantee Initiative

    New Delhi, April 7 The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs affected by the West Asia crisis, sources said.Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders...
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    Hormuz Strait: 16 Indian Vessels Remain Stranded Amid Shipping Disruption

    New Delhi, April 6 Two more Indian-flagged LPG tankers have safely crossed the war-affected Strait of Hormuz and are headed for Indian ports, even as 16 other vessels remain stranded in the Persian Gulf, officials said Monday.The LPG vessel Green Sanvi, carrying 46,650 tonnes of LPG, is...
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    Government Discusses Production to Meet Rising Demand

    New Delhi, April 3 The government held discussions on Friday about measures to encourage companies to increase production of induction heaters and cookware amid rising demand for these products due to the West Asia crisis, an official said.The crisis has disrupted the movement of ships...
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    Government Offers Temporary Import Duty Relief on Petrochemicals

    New Delhi, April 2 The government on Thursday exempted the import of critical petrochemical products from customs duty for three months until June 30, providing relief to sectors such as pharmaceuticals, chemicals, and textiles, and ensuring supply stability amid the ongoing West Asia crisis...
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    IIP Growth Remains Stable with Manufacturing Sector Expansion

    India’s Industrial Production Rises 5.2 Percent in February New Delhi – India’s industrial production recorded a growth of 5.2 percent in February 2026, driven primarily by an increase in manufacturing output, according to official data released on Monday.Factory output expanded by 2.7 percent...
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    Government Measures to Stabilize Economy Amid West Asia Conflict

    Government Takes Measures to Address West Asia Crisis New Delhi, March 30 – The government is implementing a series of measures to mitigate external risks, support the balance of payments, and maintain macroeconomic stability in response to the ongoing West Asia crisis, according to Minister of...
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    West Asia Crisis: India Considers Further Economic Relief

    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...
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    CII: Government's Response & Industry Steps for Supply Chain Resilience

    CII Praises Government Response to West Asia Crisis, Urges Industry Action to Manage Supply Disruptions Coordinated Policy Measures Help Stabilize Economy Amid Global Uncertainty New Delhi, March 29: The Confederation of Indian Industry (CII) on Sunday commended the Indian government for its...
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    Delhi & Mumbai: British Airways Increases Capacity

    British Airways Adds Flights to Meet Demand Amid West Asia Crisis New Delhi, March 26 – British Airways will operate additional flights from Delhi and Mumbai for a limited time to address increased travel demand linked to disruptions related to the West Asia crisis.Expanded Route Capacity From...
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    Kolkata Port Faces Container Congestion Due to Trade Disruptions

    West Asia Crisis Drives Up Freight Costs, Halts Kolkata Port Exports Kolkata, March 26 – The ongoing West Asia crisis has significantly impacted cargo shipments to Europe, with freight costs surging by 60 to 80 percent. This increase has coincided with a substantial decline in exports, with some...
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    Navigating West Asia Instability: India's Strategy for Trade and Growth

    New Delhi, March 25 Commerce and Industry Minister Piyush Goyal said on Wednesday that the nation must unite to address the challenges arising from the West Asia crisis.A joint attack launched by the US and Israel on Iran has disrupted the movement of ships and pushed oil prices in global...
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    India Prioritizes Citizen Safety and Energy Security Amid West Asia Crisis

    India Prioritizes Citizen Safety and Energy Security Amid West Asia Crisis New Delhi, March 25 – As the situation in the West Asia continues to evolve, the Indian government is implementing a multi-faceted strategy focused on safeguarding its citizens, ensuring critical supplies, and bolstering...
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    Rupee Falls 18 Paise to 93.94 Against US Dollar

    Market Overview Mumbai, March 25 – The Indian rupee depreciated 18 paise to 93.94 against the US dollar in early trading on Wednesday, driven by sustained foreign fund outflows. However, a combination of factors, including a decline in global crude oil prices, a weaker dollar, and a positive...
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    Market Volatility: Rupee Weakens Amid Economic Concerns

    Mumbai, March 24 The rupee fell by 23 paise to close at 93.76 against the US dollar on Tuesday as a stronger dollar against major currencies and high global crude prices spooked investors.Further outflows of foreign funds amid uncertainty over the West Asia crisis also weighed on the local...
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    Ships Carrying LPG Arrive in India After Strait of Hormuz Passage

    Indian LPG Carriers Pine Gas and Jag Vasant Safely Transit Strait of Hormuz Amid Regional Tensions Vessels Carrying Over 92,000 Metric Tonnes of LPG Headed to Indian Ports New Delhi, March 24: The government confirmed that two Indian LPG carriers, Pine Gas and Jag Vasant, have successfully...
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    Restaurants and Vendors Receive Increased LPG Supply

    Bhopal, March 23 – The Madhya Pradesh government on Monday allocated 9 per cent of commercial gas to hotels and restaurants and 7 per cent to dhabas and street food vendors, amidst the West Asia crisis, officials said.The move came after the Indore-Bhopal chapter of the National Restaurant...
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