The South East Asia-Middle East-Western Europe 4 cable is operated by a consortium of telecom companies including Tata Communications.
Prime Minister Narendra Modi addresses the Rajya Sabha, detailing India's strategies to navigate the global energy crisis sparked by the West Asia conflict, including securing diverse energy sources and expanding strategic oil reserves.
Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.
The escalating conflict involving the U.S. and Israel with Iran has led to widespread disruption in the world of sports, with events postponed, travel plans thrown into chaos, and athletes seeking asylum.
Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.
On Saturday, it was reported that a drone strike had targeted the Fujairah Port in the UAE, triggering a fire.
Prime Minister Narendra Modi has expressed deep concern over the escalating situation in West Asia, emphasising the need for dialogue and diplomacy to resolve disputes. India is closely monitoring developments to ensure the safety of its citizens in the region.
'In India, there is this first generation migrant, say from a small village in UP. He didn't go to the Gulf to buy a big house but make the life of his family better.' 'He may have paid 1 lakh rupees to an agent to go to the Gulf. Imagine what will happen to him and his family if he has to come back. He and his family will become poor again.' 'He went to the Gulf to come out of poverty, but this war will make his family trapped in poverty once again.'
Authorities in Mumbai are investigating an email threatening bomb attacks on key buildings, including the Vidhan Bhavan and the Bombay Stock Exchange (BSE). Security has been heightened, and officials are working to trace the origin of the threat.
India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.
Indian investors have seen their wealth erode by a staggering Rs 48.29 lakh crore since the West Asia war began on February 28, leading to a significant downturn in the BSE Sensex and NSE Nifty, driven by geopolitical tensions and rising crude oil prices.
The Federation of Indian Export Organisations (FIEO) has appealed to the Reserve Bank of India (RBI) for liquidity support to Indian exporters, citing a significant increase in freight costs and extended payment cycles due to the ongoing West Asia conflict.
National Conference President Farooq Abdullah has voiced his concern over the escalating violence in West Asia, urging all parties to prioritise dialogue and diplomacy to de-escalate tensions and protect civilian lives.
A Somalia-born British man has been charged with attempted murder following an anti-Semitic stabbing attack in north London. The investigation, led by Counter Terrorism Policing London, revealed the accused targeted two Jewish men in Golders Green and another man in south-east London.
External Affairs Minister S Jaishankar addressed the Rajya Sabha on India's position regarding the escalating conflict in West Asia, emphasising the need for peace, dialogue, and the safety of civilians, while also prioritising India's energy security and trade interests.
Two Indian nationals have been confirmed dead and one is missing following attacks on merchant vessels amidst the ongoing conflict in West Asia. The Indian government has reiterated its commitment to the welfare of its citizens in the Gulf region.
Reliance Industries' digital arm, Jio Platforms, may see its initial public offering (IPO) delayed to the second half of fiscal 2027, according to CreditSights. The delay is primarily attributed to ongoing geopolitical tensions in the Middle East, which could impact market conditions and investor sentiment.
Indian benchmark equity indices experienced a significant downturn, with the Sensex plummeting over 800 points and the Nifty falling sharply, driven by rising crude oil prices, geopolitical tensions, and foreign capital outflows.
Indian benchmark equity indices, Sensex and Nifty, snapped a three-day rally, tumbling nearly 1 per cent due to heavy selling in IT stocks, a jump in crude oil prices, foreign fund outflows, and fears of prolonged instability in West Asia.
Dabur India's stock has fallen over 17 per cent since the start of the Iran war, driven by concerns over a weak monsoon, the West Asian crisis, and rising input costs, which are expected to impact the company's revenues and margins, particularly affecting its significant rural sales and international markets.
Indian benchmark equity indices Sensex and Nifty experienced a significant crash in early trade, triggered by a sharp increase in crude oil prices and escalating tensions in the Middle East.
Karnataka's Chief Minister Siddaramaiah has requested Prime Minister Narendra Modi to take measures to protect Indian citizens in the Middle East due to escalating geopolitical tensions, including initiating evacuation plans and enhancing diplomatic efforts.
Despite international crude oil rates crossing USD 100 per barrel due to Middle East tensions, the Indian government plans to maintain current petrol and diesel prices, ensuring uninterrupted fuel supply across the country.
The US-Israeli military campaign, dubbed "Operation Epic Fury" by Washington, has entered its third day, with US President Donald Trump stating that operations would continue "until all of our objectives are achieved."
The United States' historical strategic alignment with Pakistan, dating back to the Cold War, has consistently aimed to create a political and military parity with India, despite India's significantly larger size and resources. This long-standing relationship continues to influence regional dynamics, particularly in West Asia and the Indo-Pacific.
India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.
When everyone has footage and no one can verify it, the loudest voice wins, notes Prem Panicker who begins a daily blog on the War in the Middle East.
Foreign investors pulled out Rs 21,000 crore (around $2.3 billion) from Indian equities over the last four trading sessions amid deteriorating global risk sentiment triggered by the West Asia crisis.
India's largest private refiner, Reliance Industries Ltd, successfully navigated a volatile energy market in the last quarter of FY26 by diversifying crude sourcing and demonstrating operational agility, particularly in response to geopolitical disruptions and cost fluctuations.
'Even if the war ends tomorrow, which is unlikely, and we go back to the pre-war status quo, the world will still need some time to get over the sudden shock of oil price increases.'
Russian President Vladimir Putin is actively working to de-escalate the escalating crisis in the Gulf, engaging with regional leaders following Iran's retaliatory strikes on US facilities after joint US-Israeli strikes against Iran.
Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.
The International Cricket Council (ICC) has cancelled its Board and committee meetings due to the ongoing military conflict in West Asia, according to a report by ESPNcricinfo on Tuesday.
Andhra Pradesh Chief Minister N Chandrababu Naidu laid the foundation for a USD 15 billion Google Artificial Intelligence data centre near Visakhapatnam, calling it a 'growth engine for India' and Asia's biggest such facility.
'The entire US ecosystem built over decades at the bases in the Gulf region, especially the UAE, costing trillions of dollars have been decimated, dealing a mortal blow to the US Central Command's war capability,' points out Ambassador M K Bhadrakumar.
Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.
Indian benchmark indices Sensex and Nifty rallied nearly 1 per cent, driven by optimism over easing geopolitical tensions in the Middle East and fresh foreign fund inflows, with the Sensex gaining over 500 points.
Precious metal prices, particularly gold and silver, experienced a significant surge in the national capital as investors sought safe-haven assets amid escalating hostilities in the Middle East.
The threat has raised concerns about possible asymmetric attacks outside the region. Iran has also stepped up attacks on energy infrastructure in Gulf countries.
Two expatriate workers were killed after debris from a downed drone fell in an industrial area in the Sohar province of Oman.
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