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WEST ASIA CRISIS IMPACT ON AIRLINES
Exports rise 18% to 6-month high in May; trade deficit widensIndia's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerc...- 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...
- India's trade with West Asia gradually improving: Commerce SecyIndia's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports als...
- Finalising NFL's tender to import 17 lakh tonnes of urea; stock comfortable for Kharif season: GovernmentIndia is securing vital fertilizer supplies for the ongoing Kharif season. The government is finalizing imports of 17 lakh tonnes of urea t...
- Adequate fertiliser stocks available, Govt ready to tackle El Nino impact: Shivraj Singh ChouhanUnion Agriculture Minister Shivraj Singh Chouhan confirmed ample fertilizer stocks for farmers. He assured continued availability of urea a...
- Iran's top security body backs 'path of dialogue': President PezeshkianIranian President Masoud Pezeshkian announced that the country's highest security authority backs the "path of dialogue" in negotiations wi...
- India Inc remains bullish on FY27; Telecom, defence, banking seen driving growth: ReportIndian businesses are optimistic about FY27. Telecom, defence, metals, and banking are set for growth. Companies expect demand to remain st...
- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...
- 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...
- Packaging firms remain upbeat on FY27 growth despite raw material volatility amid West Asia crisisDespite these disruptions, companies like EPL Ltd, Uflex, and TCPL Packaging remain optimistic about FY27 growth, driven by strong domestic...
- Govt's new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation MinistryA new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for b...
- IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
- Govt reviews West Asia crisis impact on MSMEsUnion MSME Minister Jitan Ram Manjhi held a high-level meeting to assess the impact of the West Asia geopolitical situation on India's smal...
- Fuel price shield helping India and consumers to tackle West Asia crisis: Gita GopinathIndia is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the governmen...
- RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda ReportThe Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Baroda. The central bank will likely ma...
- Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
- Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...
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