The latest flashpoint in West Asia has derailed India's preliminary plans to resume crude oil imports from Iran, officials said. In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had been studying proposals for the same, given that India was trying to expand sources of imports. "We are always monitoring the situation when it comes to crude flows.
United States President Donald Trump has said that Iran is under close watch and a 'massive fleet' is heading towards the Gulf region.
'Without ground troops the US will not be able to oust the Iranian Islamic regime. Political change does not happen just by using bombs or planes.'
Shivam Dube's consistent and crucial contributions often went unnoticed during India's victorious T20 World Cup campaign, despite his significant impact on the team's success.
Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu discussed ways to strengthen the strategic partnership between India and Israel, focusing on peace efforts in West Asia and condemning terrorism.
Brokerage firms on Wednesday appeared divided in their calls on Larsen & Toubro (L&T) after the company's 2023-24 (FY24) October-December quarter (third quarter, or Q3) performance and guidance for the quarters ahead. While few stayed optimistic about the stock over future order inflow prospects, others saw increasing exposure to West Asia and fixed price contracts as a concern. In Wednesday's trade, L&T's share price closed at Rs 3,480 per piece, 4.22 per cent down from its previous day's close.
Iran's Supreme Leader Ayatollah Ali Khamenei has publicly acknowledged for the first time that thousands of people were killed during recent nationwide protests, marking an unusual admission from the clerical leadership amid a fierce crackdown that has drawn international attention, reports Fox News.
The imposition of safeguard duty, an uptick in exports, and an increase in input cost are driving steel prices higher. The latest round of price increase took place on Friday, with some steel mills increasing hot-rolled coil (HRC) prices by ~500-750 a tonne, according to price reporting and market intelligence firm BigMint. HRC is a benchmark for flat steel.
In several parts of the world, access to proper sanitation remains a serious challenge. Many communities still lack household toilets or safe waste disposal systems, often due to water shortages, economic hardship or limited infrastructure.
People in Iran have taken to the streets as daily life has become increasingly difficult. Rising prices of food, fuel and basic necessities, job scarcity, and the falling value of money have fuelled wider anger and anti-government unrest in the capital Tehran and other Iranian cities.
How will the financial crisis in Dubai affect exporters and importers in India?
United States and Israeli officials are assessing potential policy options in response to ongoing unrest in Iran, according to multiple indications received by Israeli media reports The Jerusalem Post.
India has handled the West Asia crisis with finesse so far and it should not be abandoned for a false sense of having to stand up to the West. We should strive for gradual and peaceful change with the necessary flexibility in our approach, says T P Sreenivasan.
Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.
Spokesperson of the Ministry of Foreign Affairs of China, Lin Jian, said on Wednesday that China supports Iran in maintaining its stability, adding that Beijing has always opposed the interference in other countries' internal affairs and the use of force in international relations.
Who do you think should be part of India's playing XI for the T20 World Cup final against New Zealand on Sunday?
Thousands of people took to the streets in Iran's capital late Thursday after exiled Crown Prince Reza Pahlavi called for a mass demonstration, marking a fresh escalation in nationwide protests driven by economic distress, witnesses said.
Iran is set to witness more brutality as the administration has decided to execute its first protester on Wednesday amid mass arrests of anti-regime protesters, New York Post reported, citing human rights groups.
The first of its kind conference is fully supported by the Communist Party of India-Marxist and also by India Arab Cultural Centre, Jamia Millia Islamia and others.
The pause will begin on January 21 and will remain in effect indefinitely until the State Department completes a reassessment of visa processing, the report said.
Civil unrest in Iran has started impacting India's basmati rice exports to the country, leading to a sharp fall in domestic prices, as exporters face payment delays and mounting uncertainties, an industry body said on Tuesday. The Indian Rice Exporters Federation (IREF) urged exporters to reassess risks on Iranian contracts and adopt secured payment mechanisms, warning against over-leveraging inventories meant for the Iranian market.
Afghanistan unit will be heading into the T20 World Cup in India and Sri Lanka with hopes of replicating their historic performance during the 2024 edition
United States President Donald Trump on Friday withdrew the invitation extended to Canada to join the Board of Peace.
The automobile and auto-ancillary sector is expected to show strong Q3FY26 results, aided by festival-led demand, rationalisation in goods and services tax (GST) rates for select categories of vehicles, easing interest rates, and improving rural sentiment.
Indian private sector and State-run refiners continued to receive crude oil from Russian suppliers even after November 21 -- the winding-down date for US sanctions on supplies from leading Russian oil producers imposed in October -- as new intermediaries sprung up in West Asia to sell the oil, according to senior refining sources and ship tracking data.
A visual record of major terror attacks across the world in 2025, capturing moments of violence, loss, and resilience.
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.
The strategic reality that confronts New Delhi in West Asia today is that India has far more significant interests to preserve in the Arab Gulf, and as tensions rise between the Sunni Arab regimes and Iran, India's larger stakes in the Arab world will continue to inhibit Indian-Iranian ties, says Harsh V Pant.
Iran has formally appealed to the United Nations Security Council and the UN Secretary-General, accusing the United States of inciting violence, interfering in Iran's internal affairs, and threatening military action, according to an official letter circulated by Iran's Permanent Mission to the UN.
For a team that once struggled for basic infrastructure, the T20 World Cup is being viewed as a defining leap rather than just another appearance for Nepal.
'We expect inbound numbers in 2025 to come close to pre-pandemic levels -- if not fully match them -- by early 2026.'
'The atmosphere he has created in the team -- he has tried to infuse a culture of playing for the team and not focusing on personal milestones.'
On Sunday, November 2, 2025, Iranian President Masoud Pezeshkian visited the Atomic Energy Organisation of Iran headquarters in Tehran, underscoring his administration's focus on advancing the country's nuclear technology for peaceful purposes.
'Countries like Cambodia, Vietnam, Laos, and the Philippines have a 50 per cent increase in bookings.'
Tilak Varma, India's match-winner in the Asia Cup final against Pakistan, received a grand welcome on his return to Hyderabad on Tuesday.
Indian security agencies have continued efforts to reinforce the Siliguri Corridor through improved infrastructure, faster mobilisation capability and diversified connectivity routes to the north east.
West Indies trounced Nepal by 10 wickets in the inconsequential third and final T20 International to avoid the humiliation of a series sweep.
Defending champions India look to do something they have never done in World Cups and retain the trophy.
Defending champions India have unveiled a well-rounded 15-member squad for the upcoming ICC Men's T20 World Cup
India announces Padma Shri awards for 45 individuals, recognizing 'unsung heroes' like a former bus conductor who created the world's largest free library and a pediatrician who established Asia's first human milk bank.
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