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WEST ASIA CONFLICT IMPACT ON AVIATION
Domestic air passenger traffic to rise by 3-6 pc in this fiscal: ICRAThe domestic air travel sector is projected to see a growth of three to six percent in the current fiscal year, while Indian airlines may e...- West Asia conflict: Indian airlines cancelled 26,000 international flights due to airspace curbs till July 20Indian airlines have cancelled approximately 26,000 international flights until July 20. The US-Iran conflict has caused significant airspa...
- Top OMCs post losses with government weighing relief measuresState-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, an...
- Benchmark indices fall amid rising crude oil prices and West Asia conflictIndia's benchmark indices ended lower on Wednesday, as crude oil prices increased. The Nifty50 and Sensex experienced significant drops, fa...
- Trade all at sea: Freight rattled by delays, ship shortages and port congestion as West Asia conflict flares up againRenewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel ava...
- Ratings blackout may cast a shadow over brands' TV ad spendsA prolonged suspension of BARC television ratings could disrupt festive-season advertising, with marketers warning that reality shows such ...
- Domestic air traffic falls 12% to 1.35 crore in June on monthly basisDomestic air traffic saw a nearly twelve percent decline in June. IndiGo's market share increased to sixty-six point three percent from May...
- Arvind Fashions Q1 Results: Net profit rises 11% to Rs 27.61 crArvind Fashions reported an eleven percent rise in net profit for the first quarter. Revenue from operations increased to one thousand two ...
- Strong Q1 sets stage for FY27 growth as UltraTech bets on cables businessUltraTech Cement reported its strongest first quarter volume and profit ever. Near-term performance faces monsoon seasonality and higher in...
- Pilots' association urges govt to suspend flights to UAE, other high-risk Gulf destinationsIndian pilots urged suspending flights to the UAE and Gulf nations. They cited worsening security and explicit threats to Dubai and Abu Dha...
- Pilots' grouping ALPA India seeks suspension of Indian airlines' flights to West AsiaIn March this year also, the Airline Pilots' Association of India (ALPA India) had asked the Directorate General of Civil Aviation (DGCA) t...
- FM exhorts young entrepreneurs to raise risk appetite and ‘build boldly’ despite external woesFinance Minister Nirmala Sitharaman encouraged young entrepreneurs to build boldly for India's future. She emphasized creating value and em...
- Macros strong, but weak rains, war can hit growth: RBI Guv Sanjay MalhotraThe Indian economy expanded 7.7% in the last financial year, and the RBI has projected GDP growth of 6.6% for the current fiscal year despi...
- Egg prices soar in India as maize, soybean costs push up poultry expensesIn a shocking turn of events, egg prices in India have soared to historic highs, primarily due to surging poultry feed costs. Increases in ...
- Pakistan PM Shehbaz Sharif warns of risk to economy amid renewed West Asia tensionsPrime Minister Shehbaz Sharif warned of economic risks due to regional conflict. He directed authorities to maintain full preparedness for ...
- MNCs shifting inventory to India amid West Asia crisis: DP World ExecWest Asian disruptions prompt companies to shift inventory to India. Multinational firms are establishing satellite distribution hubs along...
- Nifty to hit 27,000 in one year? PL Capital says Middle East crisis, El Nino can play a spoil sport; names 15 top picksPL Capital has raised its one-year Nifty 50 target to 27,019, implying over 12% upside, while warning that the escalating West Asia conflic...
- Keeping watch on West Asia developments, will support exporters if needed: OfficialWith a vigilant eye on West Asia's evolving situation, India emphasizes its support for exporters amidst rising challenges. An Inter-Minist...
- Hormuz turmoil sends gold lower, disrupts India's tea and basmati exportsGulf hostilities impacting the Strait of Hormuz have disrupted Indian commodity markets. Gold and silver prices have fallen sharply, while ...
- Pidilite sees stable demand in FY27, raises concerns over higher input costsPidilite Industries expects stable domestic demand in FY27, supported by government policies and infrastructure investment. However, rising...
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