west asia

Mumbai, April 9 The rupee ended with a marginal gain of 3 paise at 92.51 against the US dollar on Thursday, supported by a weak American currency, even as the situation in West Asia remains fragile, keeping investors wary of the opening of the Strait of Hormuz.Forex traders said geopolitical...

New Delhi, April 7. Flight operations between India and West Asia have been severely disrupted since the outbreak of conflict in the region, with over 10,000 flights operated by Indian carriers cancelled so far, a senior government official said on Tuesday.According to Asangba Chuba Ao, Joint...

New Delhi, April 7 The price of silver plummeted by Rs 1,479 to Rs 2.31 lakh per kilogram in futures trading on Tuesday, amid escalating geopolitical tensions in West Asia and rising inflation concerns that dampened investor sentiment.On the Multi Commodity Exchange, the white metal for May...

New Delhi, April 7 Crude oil prices surged by Rs 300, hitting a record high of Rs 10,888 per barrel in futures trading on Tuesday, driven by strong global energy benchmarks amid persistent supply concerns and geopolitical tensions in West Asia.On the Multi Commodity Exchange (MCX), crude oil...

New Delhi, April 6: India's economic growth is expected to remain robust despite rising global uncertainties, with GDP projected to expand at 6.7 per cent in FY27, a new report said on Monday.While ongoing geopolitical tensions in West Asia may present some challenges, data compiled by...

New Delhi, April 5 In their collective commitment to support oil market stability amid the West Asia crisis, the eight OPEC+ countries — Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman — decided on Sunday to implement a production adjustment of 206,000 barrels per day...

New Delhi, April 5 The TV industry, which is already facing soaring prices of memory chips (RAM), is bracing for a decline in sales, weighed down by rising costs of plastics for ocean freight due to ongoing geopolitical tensions in West Asia.Some manufacturers are also raising concerns about a...

New Delhi, April 5 – As the situation in the West Asia continues to evolve, the Reserve Bank of India (RBI) is likely to maintain the status quo at the upcoming monetary policy committee (MPC) meeting next week (April 6-8), according to a report by SBI Research, released on Sunday.As the first...

New Delhi, April 3: Global crude oil prices rose on Friday after US President Donald Trump warned of possible military strikes on Iran within two to three weeks, raising fresh concerns about supply disruptions from the West Asia region.Brent crude futures traded at $109.24 per barrel, up 8%...

New Delhi, April 1 – PSU oil marketing major Indian Oil Corporation (IOC) has increased the prices of its premium fuels in the national capital.The price of XP100 petrol has been increased to Rs 160 per litre, up from Rs 149 previously. This high-octane fuel is primarily used in luxury...

Mumbai, April 1 – Domestic stock markets opened sharply higher on Wednesday, with a significant gap-up, tracking positive cues from the US and Asian markets amid hopes for de-escalation in the West Asia conflict, which is now in its 33rd day.The 50-scrip Nifty opened at 22,899, rising by 567...

New Delhi, April 1 The price of commercial LPG was increased by ₹195.50 on Wednesday, due to the surge in global oil prices linked to the escalating conflict in West Asia.A 19-kg cylinder of commercial LPG now costs ₹2,078.50 in Delhi, according to state-owned oil companies.Rates were last...

New Delhi, March 31 India added more than 3.1 lakh new piped natural gas (PNG) connections in March, and another 2.7 lakh connections were issued as the government accelerated the expansion of cleaner fuel networks amid supply disruptions following the closure of the Strait of Hormuz.With the...

Singapore, March 31 Joint ventures between businesses from India and Singapore are poised to benefit from potential opportunities in redevelopment in West Asia once the region stabilizes, a senior industry leader said on Tuesday.India and Singapore have built a bilateral partnership over the...

New Delhi, March 30 The government on Monday provided an additional 30 days to the gems and jewelry sector to meet certain obligations, in order to help them cope with the ongoing crisis in West Asia.The region is a key export destination for the sector. West Asia accounts for approximately...

Construction Industry Poised for Recovery, ICRA Projects New Delhi, March 30 – India’s construction industry is projected to experience revenue growth in the coming years, according to a report released by ICRA. The sector is expected to see a 6-8% revenue increase in 2026-27 following two...

Two Indian-Flagged LPG Carriers Head Towards Mumbai and New Mangalore New Delhi, March 29 Two Indian-flagged LPG tankers carrying nearly a day’s supply of cooking gas have successfully navigated the conflict-affected Strait of Hormuz and are now en route to India, according to an official...

India’s Supply Chains Remain Stable Amid West Asia Tensions, Says CAIT Adequate Stock of Essentials, No Cause for Concern New Delhi, March 29: India’s supply chain ecosystem continues to remain stable and resilient despite rising geopolitical tensions in West Asia, the Confederation of All India...

New Delhi, March 28 Defence Minister Rajnath Singh on Saturday emphasized the need to ensure preparedness for the medium to long term and a swift decision-making process to address the evolving crisis in West Asia.Singh made the remarks while chairing the first meeting of the Informal...

Middle East Tensions Disrupt India’s Exports, Hit Handicrafts and Mango Shipments New Delhi, March 28: Ongoing tensions in the Middle East are beginning to weigh on India’s export sector, with handicrafts and mango shipments among the worst affected, according to industry stakeholders.Heavy...