A total of 281 flights scheduled to operate on Thursday by Indian domestic carriers have been cancelled, confirmed the Civil Aviation Ministry, adding that it continues to closely monitor the evolving situation in West Asia.
Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0.5 per cent and add pressure on economic activity, inflation and currency stability, given the country's heavy reliance on imported crude, Vandana Bharti, Research Head - Commodity, SMC Glob
Qatar's Ministry of Defence on Thursday said the country had been subjected to a missile attack and that its air defence systems were actively intercepting the incoming missiles.
During his remarks at the ambassadors' round-table amid the ongoing crisis, Lavrov said Russia would continue engaging in dialogue with regional countries as well as with the international community, including members of the United Nations Security Council and the United Nations General A
Speaking at a press briefing, Chinese Foreign Ministry spokesperson Mao Ning said that the country believes that dialogue and negotiation are the only viable solutions to resolving disputes and that the continued escalation of the conflict serves no one's interests.
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.