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"Too early to assess economic impact on region, global economy": IMF on We
Updated : 1 week, 4 days ago IST
Amid escalating tensions in West Asia, the International Monetary Fund (IMF) on Tuesday said that it is "closely monitoring developments" and it will be too early to assess the economic impact on the region and the global economy.
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India fully prepared amid evolving situation in the Middle East; Energy su
Updated : 1 week, 5 days ago IST
Following the outbreak of hostilities in the Middle East and the evolving global energy situation, Hardeep Singh Puri, Minister of Petroleum & Natural Gas, informed that "the country is well stocked with crude oil and inventories of key petroleum products including petrol, diesel and ATF to
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India calls for restraint, expresses deep concern as Iran, Gulf conflict e
Updated : 1 week, 5 days ago IST
Official Spokesperson for the Ministry of External Affairs on Tuesday in a statement expressed deep concern on the ongoing conflict in the West Asia region.
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Foreign nationals stranded at Bengaluru airport as flights cancelled
Updated : 1 week, 5 days ago IST
Foreign nationals were stranded at Kempegowda International Airport in Bengaluru on Tuesday as flights to the Middle East continued to be cancelled due to the ongoing Israel-Iran conflict, with passengers complaining about lack of information and costly ticket prices for alternative fligh
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Mumbai airport witnesses 107 flight cancellations on March 3 amid West Asi
Updated : 1 week, 5 days ago IST
A total of 107 air traffic movements (ATMs) were cancelled at Chhatrapati Shivaji Maharaj International Airport on Tuesday as the West Asia conflict continued to disrupt flight operations, leaving hundreds of passengers stranded, with many complaining about lack of facilities.
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Tata Sons prepared for West Asia instability, sees no supply chain disrupt
Updated : 1 week, 5 days ago IST
Tata Sons Chairman, Natarajan Chandrasekaran, said on Tuesday that the emerging geopolitical tensions in West Asia and the evolving situation in Iran and the broader Middle East could introduce a degree of instability, requiring corporations to remain vigilant and prepared for a range of pos
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Middle East war disrupts gems and jewellery trade; Surat exporters raise c
Updated : 1 week, 5 days ago IST
The ongoing conflict in the Middle East following the reported joint military action by the United States and Israel against Iran is expected to significantly impact India's gems and jewellery sector, particularly exports and imports to Israel and Dubai, industry stakeholders said.
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Sustained rise in oil prices negative for Asian stocks, policymakers may e
Updated : 1 week, 5 days ago IST
If the oil prices move higher it would be negative for Asian stocks, but if the ongoing conflict ends relatively quickly, any adverse impact on markets is likely to be short-lived, according to a report by Invesco.
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Passengers recount panic in Middle-East amid attacks; Westbound flights fr
Updated : 1 week, 5 days ago IST
Amid escalating tensions in parts of the Middle East, passengers travelling on international routes have reported disruptions and heightened security measures, while airlines continue to monitor the situation closely.
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Indian missions step in as UAE airspace closure disrupts flights; Etihad s
Updated : 1 week, 5 days ago IST
The Embassy of India in Kuwait, in a post on X, said it remains "fully engaged" in assisting Indian nationals affected by the disruption
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Crude may cross USD 100/bbl if oil infrastructure disrupted amid ongoing W
Updated : 1 week, 5 days ago IST
Crude oil prices may surge above the USD 100 per barrel threshold if there is any structural disruption to oil infrastructure amid the ongoing military escalations in West Asia, according to a report by ICICI Bank.
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Flights from Dubai resume to India amid Iran conflict disruptions
Updated : 1 week, 5 days ago IST
An Emirates flight from Dubai to Mumbai landed safely at Chhatrapati Shivaji Maharaj International Airport on Tuesday as flight operations gradually resumed following disruptions triggered by the escalating West Asian conflict.
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