News for 'west asia'

New truncated gas allocation regime still faces a large LNG shortfall

New truncated gas allocation regime still faces a large LNG shortfall

Rediff.com20 Mar 2026

India's plans to ration the consumption of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) - in response to reduction in their import owing to war in West Asia - may fall short of what is needed to meet domestic needs.

Indian Fuel Shipment to Aid Sri Lanka Amidst Regional Volatility

Indian Fuel Shipment to Aid Sri Lanka Amidst Regional Volatility

Rediff.com27 Mar 2026

India is sending a shipment of diesel and petrol to Sri Lanka to help alleviate the country's energy crisis amidst regional instability.

Indian national killed in Iranian attack on US oil tanker

Indian national killed in Iranian attack on US oil tanker

Rediff.com12 Mar 2026

An Indian national has reportedly been killed in an attack carried out by Iran using a 'suicide' boat against a US-owned oil tanker near Iraq. The incident has raised concerns about the safety of seafarers in the region.

LS fails to take up resolution against Speaker Birla amid Oppn protests

LS fails to take up resolution against Speaker Birla amid Oppn protests

Rediff.com9 Mar 2026

The Lok Sabha faced repeated adjournments due to opposition demands for a debate on the West Asia situation, preventing a resolution seeking the removal of Speaker Om Birla from being taken up. The government and the Chair criticised the opposition for disrupting House proceedings.

Middle East conflict: Indian airlines cancel 278 flights

Middle East conflict: Indian airlines cancel 278 flights

Rediff.com6 Mar 2026

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.

1,000 Indians still in Iran: MEA to Parl panel

1,000 Indians still in Iran: MEA to Parl panel

Rediff.com18 Mar 2026

The Ministry of External Affairs informed a parliamentary committee that nearly 1,000 Indians remain in Iran amidst the West Asia conflict, and 23,000 students in the Gulf region missed CBSE exams due to the turmoil.

Will the Iran War Disrupt IPL 2026?

Will the Iran War Disrupt IPL 2026?

Rediff.com12 Mar 2026

The ongoing Iran-US conflict is casting a shadow over global cricket, potentially disrupting the IPL 2026 due to travel disruptions and logistical challenges.

War, Elections Take Backseat As IPL Fever Reigns Supreme

War, Elections Take Backseat As IPL Fever Reigns Supreme

Rediff.com5 days ago

In crowded Mumbai trains, passengers, despite being crushed and unable to breathe, watch the IPL action on their phones. Oxygen may be optional, but the live score is not.

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Rediff.com22 Mar 2026

Foreign investors have withdrawn over Rs 88,000 crore from Indian equities this month, driven by geopolitical tensions, a weak rupee, and concerns about rising crude oil prices.

Representative of Iran's Supreme Leader lauds India as 'land of humanity'

Representative of Iran's Supreme Leader lauds India as 'land of humanity'

Rediff.com7 days ago

The representative of Iran's Supreme Leader in India expressed gratitude towards Indians, calling India a land of 'loyalty and humanity'.

India 'well stocked' with crude oil to meet supply disruptions: Puri

India 'well stocked' with crude oil to meet supply disruptions: Puri

Rediff.com4 Mar 2026

India is well-stocked with inventories of crude oil and key petroleum products, including petrol, diesel, and aviation turbine fuel (ATF), to deal with short-term disruptions as the war intensifies in West Asia, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday.

Indian National Stranded in Russia Amid Gulf Tensions Seeks Repatriation

Indian National Stranded in Russia Amid Gulf Tensions Seeks Repatriation

Rediff.com23 Mar 2026

The Indian government has addressed Parliament regarding a case of an Indian national seeking repatriation from Russia due to the situation in West Asia and the Gulf region. The government also responded to queries about Indian nationals denied entry to South Korea and seafarers detained in foreign countries.

Govt Cuts Airport Charges By 25%

Govt Cuts Airport Charges By 25%

Rediff.com6 hours ago

Civil Aviation Minister Ram Mohan Naidu said the reduction in airport charges is aimed at containing airfare increases and supporting both airlines and passengers.

Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

Rediff.com28 Mar 2026

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.

Three killed, two hurt in US-Israeli air strike on Iran's Black Mountain

Three killed, two hurt in US-Israeli air strike on Iran's Black Mountain

Rediff.com4 days ago

An air strike conducted by US and Israeli forces on the Black Mountain has resulted in the deaths of at least three individuals, Al Jazeera reported, citing Iranian state media.

Rupee Hits All-Time Low: What's Driving the Decline?

Rupee Hits All-Time Low: What's Driving the Decline?

Rediff.com27 Mar 2026

The Indian rupee depreciated significantly against the US dollar, reaching a new all-time low due to rising oil prices, a strong dollar, and ongoing geopolitical concerns. Domestic equity market declines and foreign investment outflows further contributed to the rupee's weakness.

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.com1 days ago

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.

Merchant navy captain from Ranchi dies near Strait of Hormuz

Merchant navy captain from Ranchi dies near Strait of Hormuz

Rediff.com20 Mar 2026

The family of Captain Rakesh Ranjan, who died on a merchant vessel near the Strait of Hormuz, is seeking assistance from the Indian government to repatriate his body. They claim the ship was stranded due to the West Asia conflict and are urging authorities to expedite the process and ensure the release of his financial dues.

IndiGo to face pressure from fuel price spike: Moody's

IndiGo to face pressure from fuel price spike: Moody's

Rediff.com17 Mar 2026

IndiGo airline will face near-term pressure on profitability from rising fuel prices following the escalation of conflict in West Asia, though it is likely to pass on higher costs to passengers over time because its ticket booking cycle is relatively short, according to a report by Moody's Ratings.

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

Strait of Hormuz opens to ships but marine covers to stay pricey

Strait of Hormuz opens to ships but marine covers to stay pricey

Rediff.com7 days ago

Despite Iran allowing 'non-hostile vessels' through the Strait of Hormuz, marine insurance premiums are expected to remain elevated due to persistent high-risk classifications and ongoing geopolitical tensions, with experts cautioning that the threat of attacks and collateral damage still exists.

Iran has not closed Hormuz: Supreme leader's India representative

Iran has not closed Hormuz: Supreme leader's India representative

Rediff.com13 Mar 2026

Iran has not closed the Strait. It remains open; however, due to current conditions and circumstances, ships are unable to pass through the Hormuz. Otherwise, Iran never wanted the Strait to be closed or blocked, the supreme leader's representative said.

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.com2 days ago

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).

Rahul wearing T-shirt in Parliament is not nice: Rijiju

Rahul wearing T-shirt in Parliament is not nice: Rijiju

Rediff.com26 Mar 2026

Union Minister Kiren Rijiju criticises Congress leader Rahul Gandhi's parliamentary conduct, accusing him of being unduly influenced by advisors and questioning his casual attire in the House.

Stock markets today March 4, 2026: Sensex sinks 1,123 pts, Nifty dives 1.55%

Stock markets today March 4, 2026: Sensex sinks 1,123 pts, Nifty dives 1.55%

Rediff.com4 Mar 2026

Benchmark equity indices Sensex and Nifty tumbled in early trade on Wednesday, tracking a bearish trend in Asian markets, as the conflict in West Asia widened, driving oil prices higher.

Kerala CM Discusses Gulf Crisis with Loka Kerala Sabha Members

Kerala CM Discusses Gulf Crisis with Loka Kerala Sabha Members

Rediff.com3 Mar 2026

Kerala Chief Minister Pinarayi Vijayan held an online meeting with Loka Kerala Sabha members in the Gulf region to discuss support for the expatriate community amidst the escalating conflict in West Asia.

IndiGo's Profitability Under Pressure from Fuel, Rupee, and Geopolitical Headwinds

IndiGo's Profitability Under Pressure from Fuel, Rupee, and Geopolitical Headwinds

Rediff.com1 Apr 2026

InterGlobe Aviation (IndiGo) is experiencing significant financial pressure, with its stock falling 18 per cent since the start of the Iran war, due to rising Brent crude prices, a weakening rupee, and disruptions to its West Asia and European flight networks caused by geopolitical tensions.

'Watch what happens to these scumbags today': Trump as war enters 13th day

'Watch what happens to these scumbags today': Trump as war enters 13th day

Rediff.com13 Mar 2026

United States President Donald Trump on Friday signalled the US intention of going all out in its campaign against Iran's Islamic regime, warning Iran to watch out for what would happen today and saying that the US was winning the conflict despite what reports claimed.

Airfares May Rise as Jet Fuel Price Surge

Airfares May Rise as Jet Fuel Price Surge

Rediff.com1 Apr 2026

Aviation Turbine Fuel (ATF) prices have more than doubled to a record high, impacting airlines and consumers, while commercial LPG rates also see a significant increase.

No permission needed to pass through Strait of Hormuz: Indian govt official

No permission needed to pass through Strait of Hormuz: Indian govt official

Rediff.com24 Mar 2026

A senior government official confirms that Indian vessels do not require permission to navigate the Strait of Hormuz, despite regional tensions. Several Indian ships, including LPG tankers, have safely crossed the strait, ensuring continued supply of essential commodities to India.

Koneru Humpy Weighs Candidates Tournament Participation Due to Cyprus Safety Concerns

Koneru Humpy Weighs Candidates Tournament Participation Due to Cyprus Safety Concerns

Rediff.com18 Mar 2026

Indian Grandmaster Koneru Humpy is uncertain about competing in the Candidates Tournament in Cyprus due to safety concerns amid the West Asia conflict, despite assurances from FIDE.

India bears brunt of global equity outflows as geopolitical tensions rise

India bears brunt of global equity outflows as geopolitical tensions rise

Rediff.com3 days ago

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.

India Braces for Record Power Demand, Risks Galore

India Braces for Record Power Demand, Risks Galore

Rediff.com5 days ago

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

The Six Men Who Decide Iran's Fate

The Six Men Who Decide Iran's Fate

Rediff.com2 hours ago

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.

Iran fires missiles at US-UK base 4,000 km away in Indian Ocean Region

Iran fires missiles at US-UK base 4,000 km away in Indian Ocean Region

Rediff.com21 Mar 2026

Amid rising tensions, Iran reportedly launched ballistic missiles toward a US-UK military base, prompting concerns about regional stability and the potential for escalating conflict in the Middle East.

Jaishankar dials Iranian FM, seeks safe passage for through Strait of Hormuz

Jaishankar dials Iranian FM, seeks safe passage for through Strait of Hormuz

Rediff.com13 Mar 2026

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.

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rediff.com7 days ago

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.

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.

No surplus oil, says Iran as US eases sanctions

No surplus oil, says Iran as US eases sanctions

Rediff.com21 Mar 2026

In a statement issued by Iran's consulate in Mumbai, it said, "At present, Iran essentially has no floating crude or surplus available for international markets. The US Treasury Secretary's remarks appear aimed at reassuring buyers and managing market sentiment."

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 Mar 2026

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.