Production growth in India's eight core infrastructure sectors slowed to a three-month low of 2.3 per cent in February, impacted by contractions in crude oil, natural gas, and refinery products output.
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.
'If movement remains stalled for three to four months, more than 300,000 recruitments from India could be affected.'
The BJP has criticised the Congress party for allegedly prioritising its vote bank and outdated ideologies over India's national interest and citizen safety in its foreign policy approach towards Iran.
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IDF chief stressed the urgent need for legislative measures, including a conscription law, a reserve duty law, and an extension of mandatory military service.
'As result, Netanyahu 'convinced' Trump to go to war with the help of overoptimistic Israeli intelligence assessments, essentially explaining to him that they only need to bomb Iran for 3-4 days, and the regime would then collapse.' 'Rather unsurprisingly, Netanyahu is ever since blaming his own intel service for the entire operation failing.'
Amidst the stalling of high-level peace talks between Tehran and Washington, Iran continues to endure severe digital isolation as the nationwide internet blackout reached its 44th day on Sunday.
Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar sustained a hairline fracture in his shoulder after a fall during a reception for his Egyptian counterpart. Despite the injury, he continued with scheduled meetings throughout the day.
The Iranian military on Thursday issued a strongly worded response to remarks made by United States President Donald Trump, warning that the ongoing conflict will persist until Washington, DC faces what it described as 'permanent humiliation, regret, and surrender', as reported by Iranian state media Press TV.
The Indian government has doubled the daily quota of market-priced 5-kg LPG cylinders for migrant workers to ensure stable fuel supplies amidst global disruptions. This move prioritises household cooking gas and addresses the needs of migrant workers who often lack regular connections.
India has denied making any payments to Iran to secure safe passage for its vessels through the Strait of Hormuz, following reports that Indian vessels were fired upon in the region.
FSN E-Commerce Ventures, the parent company of Nykaa, anticipates its consolidated net revenue for Q4 FY26 to achieve high 20 per cent year-on-year growth, marking its strongest performance in 12 quarters, fueled by accelerated growth in both its fashion and beauty verticals.
Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.
Reports indicate that Mojtaba Khamenei, the son of Iran's Supreme Leader and a potential successor, is reportedly unconscious and receiving medical treatment in Qom, according to intelligence assessments.
The members of the Zimbabwe cricket team, who were stranded in India after the T20 World Cup due to international airspace closures amid ongoing conflict in the Middle East, headed home on Wednesday after the International Cricket Council (ICC) made alternative travel arrangements for their safe journey.
He also warned the Gulf countries, which are allowing the US to launch an attack from their soil, vowing to "punish" the regional partners.
Russia has expressed strong concern over a US-Israeli strike on the Iranian port of Bandar Anzali, a key transit hub on the INSTC, warning of the risk of drawing Caspian states into the ongoing conflict.
Prime Minister Benjamin Netanyahu stated that Israel and the US struck Iran because Tehran had restarted its nuclear programme and it would have gone 'immune within months'. He claimed Iran was building new underground sites to shield its missile and nuclear programmes from attacks.
Trump criticised Iran for attempting to use international waterways for leverage, stating that the United States had restrained itself only to allow space for negotiations.
India's market landscape is undergoing significant shifts, with bank-backed brokerages potentially regaining dominance over discount platforms due to regulatory changes and increased taxes, while the IPO pipeline faces a slowdown amid heightened global volatility.
An Iranian missile strike on Haifa has resulted in casualties and intensified conflict between Iran and Israel, prompting search operations and ceasefire discussions.
The Ministry of External Affairs (MEA) has refuted reports suggesting a deal with Iran involving the release of seized vessels in exchange for safe passage of Indian ships through the Strait of Hormuz.
Researchers at CSIR-NCL have developed a technology for producing dimethyl ether (DME) as an alternative to liquefied petroleum gas (LPG), potentially reducing India's reliance on imports and enhancing energy security.
Indian restaurants are grappling with a severe LPG shortage due to the West Asia conflict, forcing them to innovate with menus and cooking methods or face potential closures, impacting the food industry and consumers across the country.
The diagnostics sector is projected to significantly outperform other healthcare segments like pharmaceuticals and hospitals in Q4FY26, driven by increasing volumes, stable realisations, and a domestic focus that insulates it from geopolitical risks.
The Congress party has criticised Prime Minister Narendra Modi's diplomatic efforts following the ceasefire agreement between the US and Iran, facilitated in part by Pakistan. The party claims this development undermines Modi's strategy and exposes his perceived failures in foreign policy.
Police in Thane district seized 84 illegally stored LPG cylinders worth Rs 2.22 lakh from a private premises in Bhiwandi, leading to a case against three individuals under the Essential Commodities Act. The raid comes amid increased vigilance to prevent hoarding and black marketing of domestic gas cylinders.
The IRGC said the barrage targeted several US military facilities in the region, including bases at Sheikh Isa in Bahrain, Juffair in Bahrain, Ali al-Salem in Kuwait and Al Azraq in Jordan.
Sports Minister Mansukh Mandaviya is pushing for a Formula 1 race in India in 2027 by addressing tax hurdles that led to the event's departure in 2013.
On Saturday, February 28, the United States and Israel launched coordinated military strikes on Iran marking a significant escalation in Middle East tensions.
Pakistan's Chief of Defence Forces Field Marshal Asim Munir held talks with Iranian leaders in Tehran to help resolve the conflict between the US and Iran, following a recent ceasefire agreement.
Delhi should keep all its options open in what is essentially a transitional period in the geopolitics of energy rather than remain a gatekeeper serving Trump's 'America First', suggests Ambasssador M K Bhadrakumar.
Islamabad's attempt to position itself as a mediator in the West Asia conflict has come to naught with the Iranian side refusing to meet any US-led delegation in Pakistan, reports the Wall Street Journal.
US President Donald Trump on Wednesday backed Israel's ongoing military operation in Lebanon, stating that Hezbollah "was not included" in the recent ceasefire deal between Washington and Tehran, which halted the conflict in West Asia for two weeks.
'American stature has been reduced because they have not been able to achieve their aims.'
The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.
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.
'In a volatile global market, India is pursuing a low-risk, low-return policy, akin to a SIP -- slow, steady investment.' 'Pakistan is following a high-risk, high-return policy.'
Iranian Foreign Minister Seyed Abbas Araghchi on Saturday criticised the United States over its stance on Russian oil, claiming Washington was now "begging" countries across the globe, including India, to purchase Russian crude.
