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
Airport authorities stated that the decision was taken as a precautionary measure due to the unsafe airspace conditions prevailing in the West Asian region.
India's external sector outlook remains broadly manageable but faces rising risks from geopolitical developments in West Asia that could push up crude oil prices and widen the current account deficit (CAD), according to a recent research note by Yes Bank. The report noted that India recorded
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.
During the joint press meeting, he said that India and Finland both believe in the rule of law, dialogue and diplomacy. He said," India and Finland, both, believe in the rule of law, dialogue, and diplomacy."
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.
Actor Sonu Sood has offered a message of hope amid the ongoing West Asia conflict involving the United States, Israel and Iran, while also announcing humanitarian assistance for travellers stranded in Dubai due to widespread flight disruptions.
Lok Sabha Leader of Opposition Rahul Gandhi on Thursday again cornered Prime Minister Narendra Modi over his "silence" after a US submarine sank the Iranian warship "IRIS Dena" near Sri Lanka.
Former Jammu and Kashmir Chief Minister and National Conference chief Farooq Abdullah criticised the Centre, asking the government to issue a statement on the ongoing conflict in West Asia.