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.
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
The Indian workers, including traders, businessmen, contractors, and factory labourers, are looking at a downward trend amid the escalating tensions in West Asia as the mode of transportation of goods and payment has stopped, severly impact their livelihood.
India is in a "very comfortable position" regarding crude oil, petroleum products and LPG supplies despite concerns over disruptions through the Strait of Hormuz, government sources said on Friday.
He gave the public and private players in the maritime sector the goal of placing India among the top ten shipbuilding nations by 2030 and among the top five nations by 2047.
Asian economies should strengthen policy frameworks and focus on stabilisation measures as the ongoing conflict in the Middle East threatens the region's energy, trade, and financial resilience, according to Albert Park, Chief Economist of the Asian Development Bank (ADB).
A key priority behind this decision is to ensure the confirmed availability of all overseas players by avoiding potential travel disruptions, thereby maintaining the League's high competitive standards. This approach ensures that fans can experience the best of international participation an
The IT services sector is facing challenges due to Artificial Intelligence (AI), with investors expressing concerns about job losses and the transition period. However, other sectors like real estate, autos, and domestic pharma companies showed more positive outlooks, with some showing stead
Escalating tensions due to the West-Asia conflict involving Iran have heightened risks to global energy supply chains, particularly around the strategic Strait of Hormuz, raising concerns for major Asian importers, including India, according to a report by Goldman Sachs.