While investors would focus on the results and guidance for the third quarter of financial year 2025-26 (Q3FY26) in the normal course of business, the US-Israeli attack on Iran and the latter's retaliation at Gulf allies of the US has forced them to weigh the consequences of the event.
Prime Minister Narendra Modi spoke with Iranian President Masoud Pezeshkian, condemning attacks on critical infrastructure in West Asia and emphasising the importance of safeguarding freedom of navigation and ensuring secure shipping lanes.
'The White House lunch that Trump hosted for Munir last year came just after Munir returned from a visit to Iran, at a moment when Israel and Iran were at war.' 'Trump said after that lunch that the Pakistanis know Iran very well. He likely views Munir as a useful interlocutor that can give helpful insights on Iran.'
Prime Minister Narendra Modi addresses the Rajya Sabha, detailing India's strategies to navigate the global energy crisis sparked by the West Asia conflict, including securing diverse energy sources and expanding strategic oil reserves.
Travel situation from the Gulf region is gradually improving, with a significant number of passengers already returning to India.
Residents across the Gulf region, including the UAE, Bahrain, and Qatar, experienced fear and disruption following attacks, leading to flight suspensions and heightened security measures.
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.
Indian airlines are expected to cancel 444 international flights due to airspace restrictions in the Middle East following attacks on Iran by Israel and the US. The civil aviation ministry is closely monitoring the situation and coordinating with airlines to ensure passenger safety and minimize disruptions.
President Trump asserts the US military has decimated Iran's forces and no longer requires assistance from NATO allies to secure the Strait of Hormuz, despite earlier requests for support.
Amidst rising Middle East tensions, External Affairs Minister S Jaishankar highlights India's strategic dialogue with Iran to safeguard maritime traffic through the Strait of Hormuz, ensuring India's energy security and continued oil trade.
Iran has suspended its visa waiver program for ordinary Indian passport holders due to incidents of Indians being lured to the country with false promises of employment or transit to other countries. The MEA advises Indian nationals to be vigilant.
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.
Prime Minister Narendra Modi and US President Donald Trump discussed the Middle East crisis, with a focus on the Strait of Hormuz.
Trump said that the decision would be "immediately" in effect and that the "order is final and conclusive."
Two-time Olympic medallist P V Sindhu will miss the Swiss Open as she recovers from travel disruptions in Dubai. H S Prannoy and Kidambi Srikanth will lead the Indian challenge.
He added that opposition parties were assured that their concerns regarding the impact of the West Asia situation on India and the safety of Indian citizens were addressed in detail.
The Indian rupee weakened against the US dollar due to a strengthening dollar, high crude oil prices, and foreign fund outflows amid geopolitical uncertainties.
According to a statement, the move follows rigorous monitoring of digital platforms to combat the spread of fabricated information and artificial content intended to incite public disorder and undermine general stability.
The question is no longer whether the war will expand. It has. The next few days will tell us whether the war stabilises around Hormuz or whether the Strait itself becomes the trigger for a far larger rupture. What to watch for over the next 48 hours is simple: Any move by the US toward direct naval control of the Strait; any credible Iranian attempt to disrupt or mine shipping lanes and, critically, whether energy infrastructure in the Gulf continues to be targeted.If those lines are crossed in tandem, the war will no longer be containable within the region.
A 21-year-old Indian-American student, Savitha Shan, was among four people killed in a shooting in Austin, Texas. The incident is being investigated as a possible act of terrorism due to evidence found at the scene and the suspect's residence.
Popularly known as 'Little India', Dimona has a large Indian-Jewish population, and the community members, mostly from the state of Maharashtra, maintain strong links with India and have consistently put efforts to solidify them.
28 Indian vessels carrying 778 seafarers are stranded in the Persian Gulf, prompting government monitoring and coordination to ensure their safety and security.
Hundreds of Indian seafarers are stranded on vessels carrying crude oil, LPG, and LNG in the Persian Gulf due to the ongoing conflict in the Middle East, causing disruptions to India's energy supplies.
There is no cause for concern, as the overall situation arising out of the crisis is firmly under control, the Centre informed while briefing political parties at the all-party meet.
Indian missions in the UAE, Saudi Arabia, Jordan, and other Gulf countries have issued advisories urging Indian citizens to exercise caution and follow local safety guidelines amid rising regional tensions.
External Affairs Minister S Jaishankar has engaged in multiple conversations with his Iranian counterpart to secure safe passage for Indian merchant vessels through the Strait of Hormuz amidst escalating tensions in West Asia.
External Affairs Minister S Jaishankar discussed the West Asia conflict's impact on the global economy, particularly energy security, with US Secretary of State Marco Rubio. He also engaged with GCC ambassadors and his Sri Lankan and German counterparts on the same issue.
India will continue to press Iranian authorities to grant early consular access to the 16 Indian crew members of a commercial vessel that was detained last month, the Indian embassy in Tehran said on Saturday.
We cannot simply have a 60-65 per cent import dependency in LPG, the bulk of which comes from just one volatile region -- West Asia, points out R Jagannathan.
'Our diplomacy should have been focused on preventing war and avoiding the inevitable disruptions it would cause, posing a real risk to India's growth story,' asserts former foreign secretary Shyam Saran.
Indian investors have seen their wealth erode by a staggering Rs 48.29 lakh crore since the West Asia war began on February 28, leading to a significant downturn in the BSE Sensex and NSE Nifty, driven by geopolitical tensions and rising crude oil prices.
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.
Trump also called upon China, France, and Japan, among others, to send ships to the Strait of Hormuz.
The Indian government has not yet responded to Trump's comments yet.
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.
Due to airspace restrictions resulting from the conflict in the Middle East, Indian domestic carriers have cancelled 278 international flights. Some airlines are operating limited services and special flights to assist stranded passengers.
The tanker reportedly switched off its Automatic Identification System (AIS) transponder while navigating the high-risk stretch of the strait and reappeared on tracking systems on March 9.
Karnataka Deputy Chief Minister D K Shivakumar has urged the central government to protect Indians, especially Kannadigas, stranded in West Asia due to the ongoing conflict, assuring that all efforts are being made to ensure their safety.
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 Indian government addressed opposition concerns regarding the West Asia crisis in an all-party meeting, outlining its strategy for ensuring the security of the Indian diaspora, fulfilling energy needs, and maintaining diplomatic relations with key partners. The government also dismissed Pakistan's reported mediation efforts.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances