Analysts say long-term investors may still benefit, but recommend limiting bullion exposure to around 10 per cent.
'The AIADMK and DMK have 75% of the total votes. 25% of the voters do not support the two majors,' says DMK spokesperson Saravanan Annadurai.
US-Israel air attacks intensified on the seventh day of war, striking Tehran and other Iranian cities.
US Special Representative Sergio Gor met with Sri Lankan President Anura Kumara Dissanayake to discuss strengthening bilateral relations and Sri Lanka's stance on the Middle East crisis. The visit occurs amidst regional tensions and US efforts to secure trade routes in the Indo-Pacific.
India has expressed condolences over the death of Iran's Supreme Leader Ayatollah Ali Khamenei following a joint US-Israel strike, amidst rising tensions in West Asia and criticism over the sinking of an Iranian warship.
Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.
Union Minister Pralhad Joshi assures that the Indian government is prepared to bring back Indians stranded in the Gulf region due to the Iran-Israel conflict and disruptions in Dubai, emphasizing citizen safety as the top priority.
Indian equity markets experienced a volatile trading day, with the Sensex and Nifty closing almost flat. Market sentiment was influenced by global cues, US-Iran talks, and profit-booking activities.
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Sri Lanka will repatriate the bodies of Iranian sailors killed on the IRIS Dena, which was reportedly sunk by a US submarine. The government is also addressing potential impacts on food security and fuel supplies due to the war situation.
FIDE, the world chess governing body, has rejected calls to move the Candidates Tournament from Cyprus despite security concerns arising from regional conflicts. The tournament is scheduled to begin on March 28.
Sri Lanka has allowed a second Iranian ship, IRINS Bushehr, to dock at Trincomalee port after it reported engine failure, following the sinking of an Iranian frigate. The move comes amidst heightened regional tensions and a joint US-Israeli attack on Iran.
US President Donald Trump welcomed Lionel Messi and his Inter Miami team to the White House on Thursday as he boasted about the United States' ongoing operation in Iran.
Do not exit in panic or buy falling stocks without reassessing fundamentals; instead, build a watchlist and invest gradually with a disciplined, long-term approach.
India's plans to ration the consumption of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) - in response to reduction in their import owing to war in West Asia - may fall short of what is needed to meet domestic needs.
The US President has previously made similar claims, stating that Sharif had credited him with saving millions of lives by helping end the conflict between the nuclear-armed neighbours.
Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi's foreign policy and his remarks referencing the COVID-19 pandemic in relation to the West Asia situation.
Former Maldives President Mohamed Nasheed advocates for building democratic institutions over military intervention in resolving international conflicts, particularly in the context of the escalating West Asia crisis. He also discusses the impact of the conflict on the Maldives' tourism-dependent economy and calls for a stronger, more understanding India in the Indian Ocean Region.
'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'
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.
Kerala Chief Minister Pinarayi Vijayan held an online meeting with Loka Kerala Sabha members in the Gulf region to discuss support for the expatriate community amidst the escalating conflict in West Asia.
Indian badminton star PV Sindhu was stranded at Dubai airport due to flight suspensions caused by escalating tensions in the Middle East, casting doubt on her participation in the All England Open.
BJP leader Mithun Chakraborty has criticised the West Bengal government over high fuel taxes and alleged security lapses, particularly concerning women's safety and border control.
A senior government official asserts India's independence in purchasing Russian oil, stating that US sanctions waivers merely remove friction but do not dictate India's energy policy. The official highlights India's commitment to energy security and affordability for its citizens.
Sri Lanka is deliberating appropriate action after a second Iranian ship sought entry to its territorial waters, following an attack on an Iranian frigate near the island nation. The government is focused on safeguarding lives and regional peace.
Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.
The United States has encouraged India to purchase Russian oil already at sea to mitigate supply shortages and price increases amid the West Asia conflict, according to Energy Secretary Chris Wright. This move is described as a short-term effort to stabilise the market without altering Washington's policy towards Russia.
A disruption in the supply of LPG cylinders caused by tensions in the Strait of Hormuz is impacting Indian kitchens, leading to restaurant closures, price hikes and a surge in demand for electric cooktops.
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At least 101 people are missing and 78 are injured after a suspected submarine attack on an Iranian naval ship off Sri Lanka's southern coast on Wednesday, Reuters quoted sources in Sri Lanka's Navy and defence ministry as saying.
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The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.
Sri Lanka has established emergency hotlines and is in close contact with its diplomatic missions in West Asia following escalating tensions in the region. The country is also preparing its airports for potential flight diversions and emergencies.
The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.
Dubai's core promise -- that it is an oasis untouched by regional storms -- has been tested in full public view. The coming months will show whether investors view the attacks as a short-lived disruption or a deeper signal of lasting risk, points out Asif Ullah Khan.
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.
'With the US having entered the war, raising the risks of a wider conflict, those impacts could be even more damaging.'
India's merchandise exports experienced a slight decrease in February, while imports surged due to increased gold and silver purchases, leading to a widened trade deficit. The West Asia crisis is expected to further impact trade in the coming months.
'India should understand that we are not going to make the same mistakes with India that we made with China 20 years ago.'
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