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.
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
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.
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.
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.
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.
The move comes amid ongoing disruptions and traffic diversions around the US Consulate General offices in Karachi and Lahore in view of the prevailing security situation due to countrywide protests over the killing of Supreme Leader Ayatollah Ali Khamenei in the US-Israeli attacks against
A total of 37 departures and 50 arrivals of flights were cancelled at the Indira Gandhi International Airport in New Delhi, as UAE airspace closures continued to disrupt flight operations amid escalating tensions in West Asia, Delhi Airport sources confirmed.
Telangana citizens presently residing in the region, or their family members in Telangana, may contact the Control Room in case of distress, travel disruptions, or other emergency situations.
"IndiGo has planned 10 special relief operations from Jeddah to India on March 3 to facilitate the return of stranded passengers, subject to required approvals and prevailing airspace conditions. IndiGo is coordinating with the Consulate General of India at Jeddah for passenger facilitati
Thiruvananthapuram International Airport Public Relations Officer (PRO) on Monday issued an operational update as of 7:00 pm, reporting a total of 89 flight cancellations.