Pakistan's Prime Minister Shehbaz Sharif has engaged in extensive diplomatic efforts to de-escalate the conflict in West Asia, offering to host talks between the US and Iran and engaging with leaders from Saudi Arabia, Qatar, Malaysia, the UK, China, and the European Union.
S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.
Indian stock market indices Sensex and Nifty experienced a decline in early trade due to surging crude oil prices and ongoing geopolitical uncertainty in West Asia. Foreign fund outflows further contributed to the negative sentiment.
Fleur Hassan-Nahoum, special envoy, foreign ministry of Israel, has asserted that the situation has effectively been a "multi-front regional conflict" since its inception, while claiming significant military and strategic gains against adversarial forces.
A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.
The Trump administration has announced a temporary authorisation for countries to purchase Russian oil stranded at sea, aiming to stabilise global energy markets amid rising oil prices and tensions with Iran.
Indian-flagged vessels are navigating the Strait of Hormuz safely despite ongoing tensions in the region, ensuring the continued flow of vital energy supplies to India.
An Indian worker was killed in an attack on a power and water desalination plant in Kuwait, according to Kuwait's Ministry of Electricity, Water and Renewable Energy.
Prime Minister Narendra Modi will chair a meeting with senior ministers to assess the petroleum, power, and fertiliser sectors in light of the ongoing situation in West Asia, focusing on ensuring uninterrupted supply and stable logistics.
'With the US having entered the war, raising the risks of a wider conflict, those impacts could be even more damaging.'
Yash's Toxic: A Fairy Tale For Grown-Ups has been postponed to June 4, due to the escalating Middle East conflict.
FIFA President Gianni Infantino said on Wednesday that he met with United States President Donald Trump, who told him he welcomed Iran's participation in the 2026 FIFA World Cup.
An Indian national sustained a minor injury in Abu Dhabi after debris from an intercepted ballistic missile fell in a residential area. Emergency teams responded to the incident, and authorities urged the public to rely on official sources for information.
Following US and Israeli strikes in Iran, reports have surfaced questioning the wellbeing of Supreme Leader Ayatollah Khamenei, prompting a swift denial from Iranian officials and condemnation of the military action.
A senior Pakistani official has affirmed Pakistan's commitment to supporting Saudi Arabia, even before assistance is explicitly requested, amidst ongoing conflict in West Asia. This pledge underscores the close ties between the two nations and Pakistan's role in regional stability.
Prime Minister Narendra Modi convened the Cabinet Committee on Security to address the impact of the West Asia conflict on Indian citizens, focusing on safeguarding them from the conflict's effects and ensuring the smooth flow of essential supplies.
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.
The escalating conflict in West Asia has resulted in 19 ships carrying essential energy resources for India being stranded in the Strait of Hormuz, raising concerns about potential disruptions to the country's energy supply.
Reduce your reliance on gas usage and distribute the cooking of your meals between your toaster, microwave, electric kettle or air-fryer.
Major paint companies in India, including Asian Paints, Berger Paints, Akzo Paints, and Kansai Nerolac, have announced price hikes ranging from 1% to 8% across various product lines, effective from mid-March to late April, in response to persistently high crude oil and gas prices.
India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.
Will these brilliant Iranian filmmakers reflect the turmoil in their country?
A Samajwadi Party leader has been booked for allegedly urging Muslims not to celebrate Eid as a protest against a US attack on Iran, claiming it was an appeal from jailed leader Azam Khan.
Two family members of Qassem Soleimani, the Iranian general killed in a US strike in 2020, have been arrested in the United States after their residency permits were rescinded.
The Central government has assured the Bombay High Court that it is taking steps to address the LPG shortage caused by the conflict in West Asia. The court accepted the submission and disposed of a petition filed by LPG distributors.
An Indian national has died in Riyadh, Saudi Arabia, under unclear circumstances following recent events. The Indian Embassy is providing assistance to the family and liaising with local authorities.
Prime Minister Narendra Modi convened a meeting with senior ministers to assess the impact of the evolving situation in West Asia on India's crude oil, gas, petroleum, power, and fertiliser sectors, focusing on ensuring uninterrupted supply and stable logistics.
Analysts predict that the ongoing conflict in West Asia, crude oil prices, and global trends will significantly influence the Indian stock market in the upcoming holiday-shortened week. Foreign investor activity and rupee movement will also be crucial.
Pakistan's Prime Minister Shehbaz Sharif contacted Saudi Crown Prince Mohammed bin Salman to express solidarity amidst escalating regional tensions following attacks in Iran and the Gulf region.
'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'
Small- and midcap stocks have delivered their biggest monthly rally in 12 years, but rising oil prices and global tensions could make the road ahead volatile.
Indian companies, however, are now paying a premium of $6-$7 a barrel for Russian oil, compared with discounts of $8-$10 a barrel before the start of the conflict.
As he settled down to his job as army chief, General Qamar Javed Bajwa -- who died last week; his passing did not merit even an obituary in major print or electronic media in Pakistan! -- developed a vision of reducing his country's and his institution, the army's traditional hostility toward India, points out Rana Banerji, who headed the Pakistan desk at RA&W.
The criminal trial of Israeli Prime Minister Benjamin Netanyahu is set to resume after being suspended due to emergency restrictions imposed on the judiciary amid the ongoing conflict with Iran.
Trump also called upon China, France, and Japan, among others, to send ships to the Strait of Hormuz.
The government has sharply reduced excise duty on petrol to 3 and diesel to zero, offering major relief to consumers. Here's how the price cut will impact fuel rates and inflation.
World No. 4 Coco Gauff expresses concern over civilian casualties amid the Iran conflict, as the crisis disrupts tennis events in the Middle East and strands players in Dubai.
Israeli Prime Minister Benjamin Netanyahu asserts that the joint US-Israel campaign against Iran is progressing successfully, highlighting Israel's strengthened position and hinting at new regional alliances.
Navy Chief Admiral Dinesh K Tripathi revealed that the Indian Navy was on the verge of striking Pakistan during Operation Sindoor following the Pahalgam terror attack, but kinetic actions were stopped. He also discussed the impact of the West Asia conflict on maritime traffic.
The Indian rupee weakened against the US dollar due to a strengthening dollar, high crude oil prices, and foreign fund outflows amid geopolitical uncertainties.
