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INDIA WEST ASIA CRISIS
US, West Asia drag India's pharma exports growthIndian pharmaceutical exports to the US, its largest market, saw a dip in early fiscal months, alongside a slight decline in shipments to W...
Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude pricesFuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil c...
Air India Express fully restores flights to West AsiaAir India Express has fully reinstated its West Asia flight network, including services to Oman and Kuwait, following a temporary halt due ...
Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
Air India Express restores all West Asia flights, resumes Salalah and Kuwait servicesAir India Express has fully restored its West Asia flight network, reinstating services to Salalah and Kuwait. Flights to Salalah resumed o...
India's manufacturing growth expected to moderate in April-June due to West Asia crisis: FICCIIndian manufacturing growth is set to slow in the first quarter of FY27, with a FICCI survey revealing muted business sentiment. This moder...
Indian economy remains exposed to energy price shocks: RBI reportIndia's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite ...
Credit guarantee of Rs 13 lakh cr to micro, small cos in last few yrs; delayed payments under lensThe government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small enterprises, significantly boostin...
Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....
Manufacturing growth seen moderating in Q1 as West Asia crisis weighs on sentiment: FICCIIndia's manufacturing sector anticipates a slowdown in April-June FY27, influenced by West Asia tensions impacting business confidence. Des...
DGFT extends enhanced export insurance cover for West Asia shipments till September 30Indian exporters shipping to West Asia will benefit from extended enhanced insurance cover against payment defaults until September 30, 202...
India-Israel, GCC FTA talks temporarily stalled due to West Asia crisis: Piyush GoyalIndia's free trade talks with Israel and the GCC are temporarily paused, while discussions with Canada are progressing rapidly. Commerce Mi...
PM Modi thanks people for responding to his callPrime Minister Narendra Modi lauded citizens for heeding his call to curb extravagant spending amidst the West Asia crisis. Many have pledg...
Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
Mann Ki Baat: PM Modi thanks citizens for supporting calls to curb gold purchases, adopt fuel-saving habits amid West Asia crisisPrime Minister Narendra Modi expressed gratitude to citizens for actively embracing his appeals during West Asia's crisis. He highlighted w...
West Asia conflict may delay India's chip projectsIndia's ambitious semiconductor projects, including Tata Electronics' Dholera fab, face potential delays due to the West Asia conflict. Log...
Government restores non-domestic LPG supplies to pre-crisis levelsIndia has restored non-domestic packed LPG supplies to their pre-crisis levels. This welcome development follows a significant improvement ...
PM Modi stresses on coordination between ministries, lauds smooth conduct of re-NEETPrime Minister Narendra Modi emphasized inter-departmental coordination during a Union Cabinet meeting, highlighting the successful NEET-UG...
India needs to diversify its sources of energy needs, says NITI vice-chairmanNITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...
Basmati prices may fall 5–10% as Strait of Hormuz closure hits exports"After the interim (US-Iran) peace deal was announced, exporters started buying basmati rice in good quantities for shipment to the Middle ...