Indian stock markets opened in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.
Gas shortage is hitting restaurants hard in Hyderabad. A restaurant owner said that the fuel shortage is affecting their business big time, and with wood prices allegedly skyrocketing, especially in Ramdhan, it is challenging.
"IndiGo continues to coordinate closely with the relevant authorities to progressively restore its flight operations across the Middle East, helping customers reconnect with their loved ones and proceed with their travel plans," the airline posted on X.
The two carriers will also operate their respective scheduled services to and from Jeddah and Muscat with a total of 10 flights to and from Jeddah, and 08 scheduled flights to and from Muscat operated by Air India Express.
According to the Indian Embassy in Beirut, the first batch of 177 Indian nationals was repatriated to New Delhi on a charter flight arranged by their employer on Wednesday. The group was seen off at Beirut-Rafic Hariri International Airport by India's Ambassador to Lebanon, Noor Rahman Sh
Speaking to ANI, Nasheed said the conflict could disrupt the country's fragile economic stability. "Tourist arrivals have come down. So that is going to have a very big impact on our economy and the prosperity of the people. So, yes, it is very, very difficult," he added.
India on Wednesday expressed concern over attacks targeting commercial shipping in the ongoing West Asia conflict, following missile strikes on a Thai-flagged cargo vessel in the Strait of Hormuz earlier today.
The move comes in the backdrop of reports indicating public apprehension about a possible restriction in the supply of Liquefied Petroleum Gas (LPG) in the domestic market due to ongoing developments in West Asia.
Jaishankar said in a post on X, "Appreciate the exchange of assessments today with FM Jean-Noël Barrot of France on the West Asia conflict. Look forward to continuing it in person."
Domestic LPG production has increased by about 25 percent and the entire domestic LPG production is being directed towards household consumers, Ministry of Petroleum & Natural Gas said on Wednesday.
The current round of conflict between Israel and the United States on one side and Iran on the other started on February 28. The West Asia conflict has caused disruption in global energy supply chains