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WEST ASIA DEVELOPMENTS
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 ...
- EAM Jaishankar discusses global developments, including West Asia, Ukraine with UN Chief GuterresIndia's External Affairs Minister S Jaishankar launched the nation's campaign for a UN Security Council seat. He discussed global developme...
- India will prioritise rule-based maritime order, including safety of seafarers, at UNSC: JaishankarIndia launched its campaign for a UN Security Council seat for 2028-29. The nation will focus on maritime security and countering terror fi...
- Make hay while the sun shines: India needs to act quickly on some geopolitical tailwinds coming its wayIndia is leveraging favorable geopolitical shifts for strategic advantage. China's recent missile test has prompted new security arrangemen...
- India's June retail inflation quickens to 4.38%, crosses RBI's 4% target after 17 monthsIndia's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to th...
- Why is RBI now cutting down its $100 billion short dollar forward position; how will it impact Rupee?The Reserve Bank of India is carefully unwinding its large bearish dollar position. This move aims to support the rupee without causing mar...
- Sri Lanka new hotspot for Indian weddings in 2025; industry sees limited West Asia crisis impact in 2026Sri Lanka is projected to be the fastest-growing destination for Indian weddings in 2025. Thailand continues its popularity as the most sou...
- North Korea condemns NATO summit, says denuclearisation should start with US alliesNorth Korea condemned the US and its allies for strengthening military blocs. Pyongyang accused NATO leaders of portraying its sovereign ri...
- Global headwinds, resilient MSMEs: India’s ECLGS 5.0 responseThe real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit protects.
- North Korea vows boost to nuclear buildup, military intelligenceNorth Korea will strengthen its nuclear force "both in quality and quantity" and expand the role of its military intelligence agency focuse...
- Geoeconomics is redefining global strategy, experts warnGeoeconomics is redefining global strategy, making economic power as consequential as military power. States now deploy trade, infrastructu...
- Deeply concerned: India on escalating tensions in West AsiaIndia voiced deep concern over recent attacks on commercial shipping in the Strait of Hormuz. These developments risk undermining regional ...
- Auto components industry expected to grow 8-10% in FY27: ACMAExperts predict an 8-10 percent growth for India's auto component sector this fiscal year, riding on robust domestic demand and export perf...
- EAM S Jaishankar discusses bilateral ties with Bahrain KingExternal Affairs Minister S Jaishankar met Bahrain's King Hamad bin Isa Al Khalifa. He also discussed bilateral cooperation with Foreign Mi...
- Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
- EAM Jaishankar meets Qatar PM; reviews bilateral cooperation, regional developmentsExternal Affairs Minister S Jaishankar held productive discussions with Qatar's Prime Minister Mohammed bin Abdulrahman Al-Thani, focusing ...
- PM Modi speaks with Iran President, backs peace and free navigation in Hormuz StraitPrime Minister Narendra Modi held a dialogue with Iranian President Masoud Pezeshkian regarding the evolving landscape of West Asian affair...
- In phone conversation with Iran Prez, PM Modi reiterates importance of freedom of navigation in HormuzPrime Minister Modi held a telephonic discussion with Iran's President Masoud Pezeshkian, focusing on West Asian developments and the cruci...
- Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin reportIndia's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an u...
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