In light of the evolving geopolitical situation in the Middle East, Nasscom has issued another advisory to member companies, urging heightened vigilance and preparedness across business continuity and cybersecurity frameworks. While business operations currently remain stable, organizations
The global automobile industry is facing structural headwinds including tariff-related pressures, elevated raw material costs, and persistent supply chain disruptions. A recent report by Elara Securities noted that shortages of memory chips have emerged as the latest challenge impacting prod
External Affairs Minister S Jaishankar told Parliament that the Indian consumer's interest is the "overriding priority" amid the West Asia crisis. He warned of supply chain disruptions, confirmed 67,000 Indians have returned home, and defended the humanitarian decision to allow an Iranian wa
Iran's absence from the global oil market is likely to be offset by an existing oversupply in global oil inventories, providing a buffer against potential supply disruptions, according to a report by CareEdge.
Amid the developing security situation in West Asia, Pakistan could see its monthly oil import bill soar to a whopping USD 600 million, the country's Finance Minister Muhammad Aurangzeb said on Sunday, as reported by Dawn. Already reeling under economic stress, the country's Petroleum Min
Guests with previous bookings will be accommodated on these flights as soon as possible. Tickets are also available for sale on http://etihad.com, the airline said in its statement.
Mumbai Airport experienced significant disruption on Sunday with a total of 66 air traffic movements (ATMs) being cancelled, according to source-based information. The cancellations included 32 arrivals and 34 departures.
Major Gulf carriers, including Emirates and Etihad, have resumed limited flight operations as of Saturday, following regional airspace closures. Services are gradually restoring, with some restricted to "relief corridors" for stranded passengers.
Iran's Supreme Leader's representative, Abdul Majid Hakim Elahi, stated that Iran is defending its independence against US and "Zionist" aggression. He emphasised that regional stability should rely on internal cooperation rather than foreign guarantees, while affirming that 3,000-year-old c
The ongoing conflict in West Asia could have multiple economic implications for India, particularly through higher oil prices, disruptions in energy supply routes, and potential impacts on remittances and trade, according to a new report by SBI Research. The report highlighted that while the
Sanyal explained that the vast majority of India's goods trade is handled by international shipping lines, leaving the nation's economy exposed to external pressures. He stated, "90 to 95 per cent of all our goods trade is carried by foreign ships. So, if you really want to get India into tr
The ministry said airlines are making necessary operational adjustments in view of prevailing conditions to ensure passenger safety and the orderly conduct of flight operations.