News for 'West Asia'

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

Rediff.com22 May 2026

ITC reported a 6.1 per cent year-on-year growth in its consolidated adjusted net profit from continuing operations, reaching ~5,469.74 crore in the January-March quarter (Q4FY26), primarily fuelled by strong performances in its cigarettes and non-cigarette fast-moving consumer goods (FMCG) businesses.

Hours after ceasefire, Trump warns of 50% tariff on nation arming Iran

Hours after ceasefire, Trump warns of 50% tariff on nation arming Iran

Rediff.com8 Apr 2026

Hours after ceasefire, US President Donald Trump on Wednesday warned against any country supplying military weapons to the Islamic Republic, stating that he would impose a 50 percent tariff on all goods exported to the United States.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

India to Test Bench Strength at Archery Asia Cup Stage 1

India to Test Bench Strength at Archery Asia Cup Stage 1

Rediff.com23 Mar 2026

India is set to begin the international archery season with a mix of young talent and experienced archers at the Asia Cup Stage 1 in Bangkok, opting to test their squad depth ahead of the Asian Games.

Iranian supertanker bypasses US Navy blockade

Iranian supertanker bypasses US Navy blockade

Rediff.com3 May 2026

An Iranian tanker successfully bypassed the US Navy to deliver crude oil to the Asia-Pacific region, despite ongoing tensions and a US blockade.

'Ready to halt war if Iran changes course': Israel envoy

'Ready to halt war if Iran changes course': Israel envoy

Rediff.com16 Mar 2026

Amid the ongoing conflict in West Asia, Israeli Ambassador to India, Reuven Azar, stated that Israel is willing to cease hostilities if Iran changes its course, emphasising that Tel Aviv has consulted diplomatic channels, including the US and regional partners.

21-hour US-Iran talks fail, ceasefire hangs in balance

21-hour US-Iran talks fail, ceasefire hangs in balance

Rediff.com12 Apr 2026

Direct talks between the US and Iran, mediated by Pakistan, have failed to produce an agreement after 21 hours of negotiations, with disagreements over Iran's nuclear ambitions and sanctions proving insurmountable.

Auto cos delivered record 2,96,71,064 units in FY26; 13.3% jump YoY

Auto cos delivered record 2,96,71,064 units in FY26; 13.3% jump YoY

Rediff.com7 Apr 2026

India's auto retail sector achieved record-breaking sales of 2,96,71,064 units in FY26, a 13.3% increase, primarily driven by the implementation of GST 2.0 which reduced the tax burden on mass-segment vehicles, according to the Federation of Automobile Dealers Associations (FADA).

Elevated Energy Prices May Influence India's FY27 Fiscal Position: Icra

Elevated Energy Prices May Influence India's FY27 Fiscal Position: Icra

Rediff.com27 Mar 2026

Elevated global crude oil and natural gas prices, driven by geopolitical developments in West Asia, could significantly influence the Government of India's fiscal position for 2026-27, according to a report by ratings agency Icra.

'Only they can play that role': Tharoor's dig at Pak over US-Iran talks

'Only they can play that role': Tharoor's dig at Pak over US-Iran talks

Rediff.com11 Apr 2026

Congress leader Shashi Tharoor discusses India's role in the US-Iran peace talks taking place in Islamabad, emphasising the importance of peace over competition with Pakistan and highlighting India's regional interests.

Cong questions 'Vishwaguru's huglomacy' as Pak holds US-Iran talks

Cong questions 'Vishwaguru's huglomacy' as Pak holds US-Iran talks

Rediff.com11 Apr 2026

The Congress party has criticised the Indian government's diplomatic efforts, questioning how Pakistan was able to secure a role as a mediator between the US and Iran despite India's attempts to isolate it after the Pahalgam attack. The party also raised concerns about India's standing on the global stage and its relationship with the US and China.

Manufacturing Boosts India's Industrial Production to 5.2% in February

Manufacturing Boosts India's Industrial Production to 5.2% in February

Rediff.com30 Mar 2026

India's industrial production saw a 5.2 per cent increase in February, primarily fuelled by a significant improvement in the manufacturing sector, with 14 out of 23 industry groups recording positive growth.

India Braces for Record Power Demand, Risks Galore

India Braces for Record Power Demand, Risks Galore

Rediff.com4 Apr 2026

India's peak power demand is projected to hit 270 GW this summer, surpassing last year's record of 250 GW.

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rediff.com2 Apr 2026

The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.

Travel chaos ends: Proteas, Windies squads fly home after Gulf airspace crisis

Travel chaos ends: Proteas, Windies squads fly home after Gulf airspace crisis

Rediff.com12 Mar 2026

The International Cricket Council confirmed that stranded players from the South Africa national cricket team and West Indies cricket team have finally left India after Gulf airspace closures during the West Asia conflict disrupted travel following the ICC Men's T20 World Cup.

Trump Warns of 'Intense Strike' if Iran Talks Fail

Trump Warns of 'Intense Strike' if Iran Talks Fail

Rediff.com11 Apr 2026

US President Donald Trump warned that the United States is prepared to launch a military strike on Iran if peace negotiations in Islamabad fail, while Vice President JD Vance departed for talks in Pakistan.

Eye on China: Quad ramps up Indo-Pacific surveillance

Eye on China: Quad ramps up Indo-Pacific surveillance

Rediff.com27 May 2026

The Quad grouping has expanded cooperation in critical minerals and energy, while unveiling new measures to boost maritime surveillance and port infrastructure across the Indo-Pacific. This move comes against the backdrop of China's growing military posturing in the region, with ministers reiterating strong opposition to destabilising actions and expressing serious concerns over militarisation of disputed features.

Pak pushes for talks even as Iran, Israel reject peace moves

Pak pushes for talks even as Iran, Israel reject peace moves

Rediff.com25 Mar 2026

Pakistani Prime Minister Shehbaz Sharif is actively engaged in diplomatic efforts to de-escalate tensions in West Asia, offering to host talks between the US and Iran and engaging with regional leaders to promote peace and stability.

Russia offers fertiliser aid to Global South, East amid Hormuz concerns

Russia offers fertiliser aid to Global South, East amid Hormuz concerns

Rediff.com1 Apr 2026

A senior Russian official has stated that Russia is prepared to supply fertilisers and other agricultural products to countries in the Global South and East, following concerns about the closure of the Strait of Hormuz impacting global fertiliser exports and food security.

India bears brunt of global equity outflows as geopolitical tensions rise

India bears brunt of global equity outflows as geopolitical tensions rise

Rediff.com6 Apr 2026

India has emerged as the most impacted market within emerging economies, experiencing $3.7 billion in outflows over the past three weeks, matching the total outflows from the entire emerging market basket, as global equity funds turn negative for the first time since January 2026 due to escalating geopolitical tensions.

Ready for 'negotiations with dignity': Iranian Prez

Ready for 'negotiations with dignity': Iranian Prez

Rediff.com11 May 2026

Iranian President Masoud Pezeshkian stated that Iran is considering various paths to address regional tensions, including negotiations conducted with dignity and authority, while emphasising that military gains should be reinforced through diplomacy.

'Rahul Needs To Project Something Positive'

'Rahul Needs To Project Something Positive'

Rediff.com28 May 2026

'People don't like leaders who just crib and complain without offering a clear objective.' 'Theoretically and pragmatically, Rahul has to show an agenda beyond bad-mouthing Mr Modi on economic policies, foreign policy...'

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rediff.com5 May 2026

The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.

India Targets 2027 for Formula 1 Grand Prix Comeback

India Targets 2027 for Formula 1 Grand Prix Comeback

Rediff.com13 Apr 2026

Sports Minister Mansukh Mandaviya is advocating for a Formula 1 race in India by 2027, with potential interest from multiple companies to operate the Buddh International Circuit.

How Many Indians Live In The Middle East?

How Many Indians Live In The Middle East?

Rediff.com13 Mar 2026

Based on figures currently listed on the ministry of external affairs web site, a large number of Indians reside across West Asia.

Evacuate Now! Iran Warns Civilians in Neighbouring Gulf Countries

Evacuate Now! Iran Warns Civilians in Neighbouring Gulf Countries

Rediff.com27 Mar 2026

The IRGC accused US and Israeli forces of using civilians as 'human shields' and warned of continued attacks.

France, UK to take lead in Hormuz navigation mission: Macron

France, UK to take lead in Hormuz navigation mission: Macron

Rediff.com13 Apr 2026

French President Emmanuel Macron on Monday announced that France and the United Kingdom will jointly lead a multinational initiative to restore free and secure navigation in the Strait of Hormuz amid uncertainty over the virtual control of the strategic waterway between the US and Iran.

Stand firmly with Saudi Arabia, Pak PM tells MBS in 'restricted meeting'

Stand firmly with Saudi Arabia, Pak PM tells MBS in 'restricted meeting'

Rediff.com13 Mar 2026

Prime Minister Shehbaz Sharif met with Saudi Crown Prince Mohammed bin Salman to express Pakistan's support for the Kingdom amidst escalating tensions in West Asia, reaffirming their mutual defence pact and commitment to regional stability.

'Massive strike' in Tehran 'terminated' Iranian military leaders: Trump

'Massive strike' in Tehran 'terminated' Iranian military leaders: Trump

Rediff.com5 Apr 2026

US President Donald Trump has claimed that a significant number of Iranian military officials were killed during a "massive strike" conducted in Tehran.

India tops airfare spike in APAC, West Asia

India tops airfare spike in APAC, West Asia

Rediff.com13 Jun 2023

India witnessed the highest increase in airfares among the 10 top aviation markets in the Asia-Pacific and West Asia collectively across both domestic and international flights Q4 2019 and Q4 2022 in nominal terms, according to research by Hong Kong-based Airports Council International (ACI). India, where fares went up by 41 per cent, was followed by the UAE (34 per cent), Singapore (30 (per cent) and Australia (23 per cent). The study, which was undertaken in collaboration with Flare Aviation Consulting, examined around 36,000 routes in the top 10 aviation markets in Asia-Pacific and West Asia.

Not blocking Strait of Hormuz, clarifies US

Not blocking Strait of Hormuz, clarifies US

Rediff.com16 Apr 2026

The United States has clarified that its naval blockade in West Asia targets Iranian ports and coastline, not the Strait of Hormuz, applying to all ships regardless of nationality. US officials warned Iran against threatening commercial ships and hinted at ceasefire negotiations as an alternative.

Indian Exports See Marginal Decline in February Amid Geopolitical Tensions

Indian Exports See Marginal Decline in February Amid Geopolitical Tensions

Rediff.com16 Mar 2026

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.

The Six Men Who Decide Iran's Fate

The Six Men Who Decide Iran's Fate

Rediff.com9 Apr 2026

As Iran heads into crucial peace talks with the United States of America, here are the six men who decide the Islamic Republic's course.

Sensex tanked 2,497 points, its biggest single-day plunge since June 2024

Sensex tanked 2,497 points, its biggest single-day plunge since June 2024

Rediff.com19 Mar 2026

Indian stock market indices Sensex and Nifty experienced a significant drop in early trade, reversing a three-day rally. The decline was triggered by a sharp increase in crude oil prices, weak global market trends, and continuous outflows of foreign funds.

Gold, silver sell at huge discount after tariff hike

Gold, silver sell at huge discount after tariff hike

Rediff.com15 May 2026

Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.

4 Reasons Why Market Recovered After March Crash

4 Reasons Why Market Recovered After March Crash

Rediff.com22 May 2026

'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'

Rupee closes at record low of 94.05 against US dollar

Rupee closes at record low of 94.05 against US dollar

Rediff.com25 Mar 2026

The Indian rupee weakened against the US dollar due to sustained foreign fund outflows and uncertainties in West Asia, although lower crude oil prices and a positive opening in domestic equity markets limited the losses.

How Long Can India Absorb Rising Fuel Costs?

How Long Can India Absorb Rising Fuel Costs?

Rediff.com23 Mar 2026

India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.

Family Pleads for Repatriation of Odisha Worker's Body from Qatar

Family Pleads for Repatriation of Odisha Worker's Body from Qatar

Rediff.com9 Mar 2026

The family of an Odisha migrant worker who died in Qatar is appealing to the government for assistance in bringing his body home. The 25-year-old was the sole earner for his family.

Iranian plane set to pick up aid from India hit by US strike

Iranian plane set to pick up aid from India hit by US strike

Rediff.com31 Mar 2026

Iranian officials allege a US airstrike on Mashhad airport damaged a Mahan Air plane set to collect vital medical aid from India.