Crude-linked sectors such as downstream oil refiners, tyres, paints, speciality chemicals, flexible packaging and synthetic textiles may also be affected if energy prices remain elevated.
India imports around 85 per cent of its crude oil and half of its LNG requirement, with about 40-50 per
Biju Janata Dal (BJD) MP Sasmit Patra voiced concern about the Israel-Iran conflict says the situation is alarming. Speaking to ANI, Patra said that the conflict must end and both sides should come to the negotiating table.
Passengers arriving at Indira Gandhi International Airport from Dubai on Thursday described contrasting situations in the UAE, with one reporting a situation of panic while another said everything is normal, though both noted that flight prices have increased significantly.
Congress President Mallikarjun Kharge on Thursday launched a scathing attack on Prime Minister Narendra Modi over his government's handling of the Middle East crisis, calling it a "reckless abdication of India's strategic and national interests" and accusing the PM of surrendering India's
US Deputy Secretary of State Christopher Landau outlined a Middle East "end game" to stop Iranian nuclear "blackmail" and regional threats. Seeking a "new normal," he urged India to transition to the US as a reliable, long-term energy partner to secure its fuel needs amidst the ongoing confl
Speaking to ANI, Fathali said Iran had recently lost a great figure, describing the leader as a guiding force who always advised the country to stand on the "right side of history." He said the leader believed in standing for principles and that Iran continued to follow that approach.
In New Delhi, Iranian Deputy Foreign Minister Saeed Khatibzadeh signed a condolence book for the late Ayatollah Khamenei. This occurs as Iran prepares a massive farewell ceremony in Tehran while launching its nineteenth wave of missile strikes against Israel, warns of nuclear targets, and vo
Speaking to ANI, Reddy said that India is probably the only country that has maintained stability in stock market, as well as essential commodities prices, including fuel.
In a post on X, Lin Jian said Wang spoke with the United Arab Emirates (UAE) Deputy Prime Minister and Foreign Minister, Sheikh Abdullah bin Zayed Al Nahyan.
All India Muslim Board on Thursday condemned the "open aggression" of the United States and Israel against Iran and urged the United Nations and the international community to take immediate, effective, and concrete steps to ensure a ceasefire and prevent the region from descending into a
The airline said on Wednesday that it continues to operate several additional services from key UAE cities, including Dubai and Fujairah, to Mumbai and Delhi. The special flights are aimed at assisting stranded passengers and ensuring smoother movement between the two countries during thi
"Memorising a script and speaking is easy after all; he is an actor skilled in performance," Jayakumar mocked the TVK Chief while interacting with the media.