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GEOPOLITICAL TENSIONS IN WEST ASIA
Air India, AI Express extend cancellation of Saudi Arabia flights till November 14Air India and Air India Express have extended the cancellation of flights to Saudi Arabian cities until November 14. IndiGo and Akasa Air a...- Indonesia looks to India & China for fuel suppliesIndonesia is exploring gasoline imports from India and China to combat rising global crude oil prices. The country's energy minister Bahlil...
- Houthis strike Aden airport after evacuation warning, halting air traffic in southern YemenYemen's Houthis launched an attack on the Aden airport after issuing evacuation warnings due to escalating violence. Residents reported hea...
- Gulf AI buffering, but on-streamThe escalating tensions between the US and Iran have hindered the progress of AI infrastructure development throughout the Gulf. While Gulf...
- 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 ...
- Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
- L&T flags inflation, geopolitical risks, leans on its capabilities to navigate global uncertaintyLarsen & Toubro reported a 33% profit increase for the second quarter, driven by strong order inflows. Infrastructure spending and reconstr...
- 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 ...
- BRICS parliamentary forum condemns Pahalgam attack, calls for UN reformsThe 12th BRICS Parliamentary Forum took place in New Delhi, gathering legislative leaders from various member nations. Delegates emphasized...
- Indian markets rebound, but rising oil prices keep investors cautiousOn Monday, Indian equity markets staged a comeback following four days of losses, with both the BSE Sensex and NSE Nifty seeing notable gai...
- Exporters get six more months of risk cover amid West Asia turmoilThe Centre has extended the RELIEF initiative to March 31, 2027, to assist exporters. This scheme provides risk coverage to exporters facin...
- India appears better stocked for West Asia crisis, but oil shock threatensIn West Asia, tensions are affecting energy and fertilizer supplies, prompting adjustments by the Indian government. Freight costs have sur...
- Rupee falls 5 paise to 94.98 against US dollar in early tradeIn early trading, the rupee was priced at 94.98 against the US dollar, slipping by 5 paise primarily due to high crude oil rates and ongoin...
- Strong macro fundamentals, policy interventions to anchor eco against global headwinds: RBI bulletinStrong macroeconomic fundamentals continue to support the Indian economy against global inflation and trade tensions. Recent geopolitical f...
- RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economyIndia's external sector shows resilience due to a narrowing trade gap and comfortable foreign exchange reserves. Inflationary pressures hav...
- JK Tyre to hike prices by 4-5% in Q3 as raw material costs stay elevatedJK Tyre & Industries Ltd intends to raise tyre prices by 4-5% in the current quarter. The company aims to offset higher raw material and co...
- Inflation stays high, growth slows, central bankers face a bigger challenge, says RBI Guv MalhotraRBI Governor Sanjay Malhotra highlighted the challenges faced by central banks due to global uncertainties and supply chain issues. He note...
- Urea imports surge 40% despite push to cut chemical fertilisersTotal urea imports in the April-September period rose to 5.589 million tonnes from 3.979 million tonnes in the first half of last fiscal ye...
- Banking stocks, high oil prices drag Indian markets lowerAcross Asia, markets were mixed, with South Korea rebounding 1.8% from last week's losses amid simmering concerns over excessive investment...
- High double-digit growth in engineering goods exports in September shows sector's resilience and global competitiveness: EEPC IndiaIn September, India's exports of engineering goods soared to US$12.17 billion, indicating an impressive year-on-year growth. For the first ...
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