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WEST ASIA CONFLICT EFFECTS
Brent crude expected at USD 90-95/barrel, raising India's CAD risk: CrisilIndia's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will...18 Jun, 2026, 02.43 PM IST- Airlines may fly low this fiscalIndian airlines face a profit drop this financial year. Higher fuel prices, airspace limits, and a weaker rupee are increasing costs. Fleet...18 Jun, 2026, 12.44 AM IST
- Pakistan extends airspace ban on Indian aircraft by a monthPakistan has extended its ban on Indian aircraft for another month. The restrictions will now be in place until July 24. This move continue...17 Jun, 2026, 06.14 PM IST
- PM Modi holds 'very fruitful' meeting with German Chancellor Merz at G7, discuss trade, defencePrime Minister Narendra Modi met German Chancellor Friedrich Merz at the G7 Summit. They reviewed the India-Germany Strategic Partnership a...17 Jun, 2026, 06.08 PM IST
- PM Modi, Trump to discuss West Asia crisis, energy partnership, trade deal on sidelines of G7 Summit: SourcesPrime Minister Modi and President Trump are set to discuss West Asia tensions, the Strait of Hormuz, and a bilateral trade agreement during...17 Jun, 2026, 07.23 AM IST
- Oman unveils Muscat Peace Plan to prevent future regional conflictsThe initiative is aimed at promoting dialogue, countering hate speech and strengthening community-led peacebuilding amid growing tensions i...17 Jun, 2026, 12.26 AM IST
- From Oman to Tanzania: How the Iran war is redrawing India’s trade mapIndia's trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also ...16 Jun, 2026, 09.58 PM IST
- Engineering exporters navigate challenging period: EEPCCumulative exports for April-May also saw a significant 16.8% rise. This resilience highlights the sector's adaptability and the impact of ...16 Jun, 2026, 12.43 PM IST
- Hope US-Iran deal will help restore peace: PM ModiIndia has embraced the recent agreement between the United States and Iran as a beacon of hope for peace in West Asia. Prime Minister Naren...15 Jun, 2026, 11.58 PM IST
- After the deluge, get ready for a resetA deal between the US and Iran signals a post-war future. The oil market will see significant shifts. Energy resilience will drive demand f...15 Jun, 2026, 11.54 PM IST
- India's engineering exports jump 24% to USD 12.31 billion in May: EEPCIndia's engineering exports saw a significant surge in May 2026, reaching USD 12.31 billion. This marks a 24.48 per cent increase compared ...15 Jun, 2026, 11.26 PM IST
- West Asia peace deal seen boosting India's textile exportsIndia's textile exports are set for a boost following the end of the West Asia conflict. European orders are expected to rise, improving pr...15 Jun, 2026, 04.06 PM IST
- India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...15 Jun, 2026, 03.06 PM IST
- US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...15 Jun, 2026, 10.20 AM IST
- Basmati rice, tea exports to West Asia come to a grinding haltExports of basmati rice and tea to West Asia have stopped due to the US-Iran conflict. Vessels carrying rice are waiting at Kandla Port. Te...15 Jun, 2026, 01.03 AM IST
- Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...13 Jun, 2026, 12.55 AM IST
- India voices concern over renewed West Asia attacks, calls for de-escalationIndia expresses deep concern over escalating West Asia hostilities. The nation calls for immediate de-escalation and protection of civilian...08 Jun, 2026, 03.53 PM IST
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