Delhi airport reported 48 flight cancellations, including 28 arrivals and 20 departures, since last night, driven by Gulf region tensions. Air India and IndiGo faced major disruptions, with 27 and 15 flights cancelled, respectively.
"Our trade with both Iran and Israel, while important, constitutes a small share of our overall export-import basket. The government and industry are jointly monitoring developments to ensure minimal disruption," the exporters' body chief said.
There won't be a prolonged disruption to oil supplies, as there is no likelihood of escalation in the US-Iran conflict, noted a research report by UBS.
The United States of America has issued a "worldwide caution" travel advisory for the US citizens and interests abroad amid the rising tensions in West Asia due to which there have been disruptions in travel and periodic closure of the airspace across the Middle East.
Former Pentagon official Michael Rubin stated on Saturday (local time) that Iran would "suffer the most" if it tried to close the Strait of Hormuz, adding that any disruption would not last more than few days.
In an official update issued on June 18, the airline detailed the status of several affected flights over the past 48 hours, citing causes ranging from inclement weather to regulatory crew duty norms and environmental hazards.
IndiGo Airlines issued a travel advisory on Monday regarding a "temporary disruption" of scheduled flights over Mumbai due to heavy rainfall in the region.
Air India has diverted or cancelled several international flights due to Iran's airspace closure amid rising tensions. The airline is offering refunds, rescheduling, and accommodations to affected passengers and advises travellers to check flight status before departure.
In the aftermath, flight operations at the airport were suspended until further notice, prompting the railways to step in to address the resulting travel disruption.
In the recent past, devastating floods affected neighbouring states like Assam, Arunachal Pradesh, and Sikkim--leaving thousands displaced and road networks crippled--Tripura itself witnessed waterlogging and disruption, with nearly 1,000 families sheltered in government relief camps.
The Indian automobile industry is expected to face disruptions following China's decision to tighten export controls on rare earth elements (REEs), which are critical in manufacturing chips used in automobiles, according to a report by Emkay Research.
Churachandpur, predominantly inhabited by the Kuki-Zo community, remains economically crippled due to limited access to National Highways 02 and 37, which serve as the vital supply corridors connecting Manipur to Assam and Nagaland.