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SITUATION IN WEST ASIA
Duty waiver on petrochemical products extended till July 15Indian manufacturers will continue to benefit from a full customs duty exemption on imported petrochemicals until July 15. This extension a...- India's manufacturing growth expected to moderate in April-June due to West Asia crisis: FICCIIndian manufacturing growth is set to slow in the first quarter of FY27, with a FICCI survey revealing muted business sentiment. This moder...
- Centre extends duty relief on key petrochemical products till July 15The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims ...
- Gold price fall triggers margin calls on bullet loansA significant drop in gold prices has led to margin calls on some gold loans, particularly those with bullet repayments. Loans requiring re...
- PM Modi thanks people for responding to his callPrime Minister Narendra Modi lauded citizens for heeding his call to curb extravagant spending amidst the West Asia crisis. Many have pledg...
- Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
- Pakistan, Bahrain discuss 'latest regional situation' amid renewed attacks by US, IranIn a bid to navigate the tumultuous regional landscape, Pakistan and Bahrain convened talks focused on heightened tensions between the US a...
- Mann Ki Baat: PM Modi thanks citizens for supporting calls to curb gold purchases, adopt fuel-saving habits amid West Asia crisisPrime Minister Narendra Modi expressed gratitude to citizens for actively embracing his appeals during West Asia's crisis. He highlighted w...
- Air India may restore some flight schedules amid easing West Asia conflict: SourcesAccording to airline sources, Air India CEO Campbell Wilson communicated to employees that the easing of the conflict has created a more st...
- India Inc profit hit from West Asia tensions to halve if truce holds, Crisil saysCorporate India's profitability impact from the West Asia conflict is now expected to be half of initial fears, with Crisil Ratings predict...
- Government restores non-domestic LPG supplies to pre-crisis levelsIndia has restored non-domestic packed LPG supplies to their pre-crisis levels. This welcome development follows a significant improvement ...
- PM Modi stresses on coordination between ministries, lauds smooth conduct of re-NEETPrime Minister Narendra Modi emphasized inter-departmental coordination during a Union Cabinet meeting, highlighting the successful NEET-UG...
- Akasa Air eyes 30% capacity growth in FY27Akasa Air is set for a significant 30% capacity expansion this financial year, with ambitious long-term plans remaining steadfast despite g...
- RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recedeThe Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West Asian conflict, despite a recent ...
- NSA Ajit Doval meets senior Iranian security officialIn a significant diplomatic engagement, National Security Adviser Ajit Doval held discussions with Iran's Deputy Secretary for Defence Affa...
- West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...
- India to host key BRICS security conclave amid rising geopolitical tensions; Wang Yi, Shoigu to attendTop security officials from BRICS nations, including China's Foreign Minister Wang Yi and Russia's NSA Sergei Shoigu, are gathering in New ...
- India hopes US-Iran peace deal will lead to sustained peace in West AsiaIndia welcomed the US-Iran peace deal on Thursday. Foreign Secretary Vikram Misri stated that New Delhi remains in close contact with West ...
- India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensionsThe government will decide on extending import duty exemptions for 40 products after June 30. This decision hinges on the evolving situatio...
- API prices fall as West Asia tensions ease, boosting Indian pharma sectorPrices for active pharmaceutical ingredients have seen a decline of five to ten percent, thanks to the calming geopolitical climate in West...
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