In light of the evolving geopolitical situation in the Middle East, Nasscom has issued another advisory to member companies, urging heightened vigilance and preparedness across business continuity and cybersecurity frameworks. While business operations currently remain stable, organizations
The gas-based crematorium furnaces operated by the Pune Municipal Corporation (PMC) in Pune will be temporarily closed following directives from the Ministry of Petroleum and Natural Gas. This decision comes as the ministry has prioritised propane and butane supplies for domestic LPG cons
Singapore's Prime Minister Lawrence Wong has held discussions with Gulf leaders regarding the escalating tensions in the Middle East, highlighting Singapore's concern over the evolving regional conflict and the safety of its citizens abroad.
Israeli PM Benjamin Netanyahu announced that US-Israeli forces achieved "total dominance" over Iranian airspace during "Operation Rising Lion." He confirmed the elimination of Ayatollah Khamenei and hundreds of missile launchers, framing the offensive as a mission to neutralise Iran's nuclea
Addressing a gathering at the concluding session of the 'Puthuyuga Yatra' led by Kerala LoP VD Satheeshan here, Rahul Gandhi expressed concerns over the safety of the Indian diaspora living in the Middle East in these times of distress, and asked people to protect their "strength and asse
Amid a severe energy crisis currently unfolding in the Middle East, Government sources have revealed that Qatar has provided specific guarantees regarding LNG's supply continuity, noting, "We are assured by Qatar that they will start supplying to India on the very first minute once the route
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
Concerns are growing among common citizens in Himachal Pradesh after the recent increase in LPG cylinder prices, with many saying the hike will further burden poor and middle-class households amid global tensions in the Middle East.
US Energy Secretary Chris Wright on Friday said that Washington's decision on issuing a 30-day waiver to India to purchase certain Russian oil supplies is part of "short-term measures" aimed at keeping global oil prices under control amid supply pressures linked to tensions in the Middle
A 10 per cent increase in global oil prices is estimated to have a direct impact of approximately 0.7-1 per cent on India's Wholesale Price Index (WPI). According to a report by Bank of Baroda on the Middle East crisis, the overall effect could reach a 1 per cent increase in WPI inflation wh
Indigo in a post on X mentioned a Travel Advisory which said, "Full waiver on cancellations is being extended for travel to and from the Middle East, and Istanbul, until 31 March 2026. If you are scheduled to travel, please stay updated on your flight status."
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).