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WEST ASIA CONFLICT IMPACT ON INDIA INC
Caught between costly inputs and cautious buyers, India Inc takes a hitCompanies in India's consumer goods, automobile, and paints sectors are increasing prices to offset rising costs. The West Asia conflict ha...- West Asia crisis fuels crude conflict in Myanmar civil warMyanmar imports 90 percent of its fuel oil, official figures show, making it particularly vulnerable to supply issues caused by the US-Isra...
- Makkah defence pact with Saudi Arabia, Turkiye not directed against any country: Pak Deputy PM DarPakistan's Deputy Prime Minister Ishaq Dar highlighted the Makkah Joint Defence Agreement with Saudi Arabia and Turkiye. The agreement is a...
- India in a 'sweet spot' amid oil volatility and currency dynamics: Kotak Neo's Anindya BanerjeeIndia is in a favourable economic position due to declining crude oil prices and increasing foreign investment inflows. The Indian rupee is...
- Oil Price Today (November 9): Crude oil falls below $100 again as Trump says fresh attacks ‘highly unlikely’. What are experts saying?Crude oil price: Prices came under further pressure after US President Donald Trump indicated that he was unlikely to authorise fresh attac...
- 19 Indian seafarers stranded in Yemen safely evacuated, Embassy saysThe Embassy of India to Yemen has evacuated 19 Indian seafarers who were stranded in Hodeidah and Sana'a. All seafarers are reported to be ...
- Air India starts using Iraq airspace for New York, Newark direct flights; likely to see 10% fuel savingsAir India has resumed non-stop flights to New York and Newark using Iraqi airspace, cutting journey times by around four hours to 16 hours ...
- US midterm outcome offers limited relief to India; oil, Russia sanctions remain key risks: ReportThe outcome of the US midterm elections is expected to offer only marginal relief to India. Crude oil prices and potential tariffs on Russi...
- Democratic victories threaten to slow US data-centre expansion, ease bond yields: ICICI Bank reportThe US midterm election results have put 141 GW of planned data-centre capacity at risk of tighter policy restrictions, potentially slowing...
- India takes calm view of US midterm results, sees bipartisan support anchoring tiesIndia is observing the results of the recent US midterm elections with a sense of calmness and stability. The Democrat victory is seen as a...
- US midterm elections: Crude cools, but Iran war risks keeps markets guessingOil prices are expected to stay elevated amid President Trump's weakened political position after the midterms. Uncertainties regarding the...
- Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
- Marico profit jumps 31%, flags rising input costs amid West Asia woesMarico has reported a 13% increase in consolidated revenue, driven by strong volume growth in India and international markets. The company ...
- India to host IORA foreign ministers amid Gulf energy supply concernsIndia plans to host foreign ministers from various Indian Ocean Region countries later this month. The meeting will occur amid ongoing ener...
- Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
- Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
- Jaishankar has a message for the world: Give diplomacy a chance, as military solutions won't workExternal Affairs Minister S Jaishankar stressed the importance of diplomacy to address global challenges at the G20 meeting. He highlighted...
- United Spirits' mass-market liquor sales slump as inflation squeezes lower-income consumers, premiumisation takes centre stageUnited Spirits is facing subdued demand in its mass-market liquor portfolio as inflation squeezes lower-income consumers, while regulatory ...
- 22 Indians, including 14 seafarers, killed in West Asia conflict, MEA saysAmidst the turmoil in West Asia, the loss of twenty-two Indian nationals, including 14 seafarers, has come to light, with three fatalities ...
- Maruti Suzuki flags West Asia-linked commodity costs as margins come under pressureMaruti Suzuki India achieved record quarterly sales in the September quarter despite facing profitability challenges. The company reported ...
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