News for 'west asia'

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Rediff.com26 Mar 2026

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.

Can Tekton SUV Bring Nissan Back Into the Big League?

Can Tekton SUV Bring Nissan Back Into the Big League?

Rediff.com11 Jul 2026

Nissan Motor India aims to achieve a fourfold increase in domestic sales, targeting 100,000 units annually, and export another 100,000 vehicles from its Chennai plant by financial year 2027-28 (FY28), marking a significant revival of its presence in the Indian passenger vehicle market.

After Trent, Noel Tata to step down as Voltas chairman

After Trent, Noel Tata to step down as Voltas chairman

Rediff.com30 Jun 2026

Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.

US Vice President J D Vance Departs For Islamabad For Talks With Iran

US Vice President J D Vance Departs For Islamabad For Talks With Iran

Rediff.com10 Apr 2026

J D Vance heads to Islamabad for high-stakes US-Iran talks, balancing cautious optimism with a warning against bad faith. negotiations.

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com28 May 2026

Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.

Affordable housing may lose more ground as costs rise

Affordable housing may lose more ground as costs rise

Rediff.com5 May 2026

The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.

Retail Inflation Rises to 4.38% in June, Exceeds RBI's 4% Median Target

Retail Inflation Rises to 4.38% in June, Exceeds RBI's 4% Median Target

Rediff.com13 Jul 2026

India's retail inflation rose to 4.38 per cent in June, driven primarily by costlier food items, pushing it above the Reserve Bank of India's median target of 4 per cent for the first time under the new series.

Iran war: Centre announces Rs 497 crore export relief package

Iran war: Centre announces Rs 497 crore export relief package

Rediff.com20 Mar 2026

In view of the disruptive situations, the Central government has also announced a financial relief package of Rs 497 crores aimed at helping exporters affected by disruptions in West Asia.

Trump by his side, Modi raises Indian sailors' deaths at G7

Trump by his side, Modi raises Indian sailors' deaths at G7

Rediff.com17 Jun 2026

Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.

Lebanon ceasefire, asset release among Iran's conditions

Lebanon ceasefire, asset release among Iran's conditions

Rediff.com10 Apr 2026

Iran has reiterated that key preconditions must be met before negotiations with the United States can begin to resolve the conflict in West Asia, including a ceasefire in Lebanon and the release of blocked Iranian assets.

FMCG firms expect high single-digit growth in Q4FY26

FMCG firms expect high single-digit growth in Q4FY26

Rediff.com4 Apr 2026

Fast-moving consumer goods (FMCG) companies like Dabur India and Marico anticipate high single-digit growth in Q4FY26, driven by strong domestic demand in India, which is helping to offset the negative impact of geopolitical conflicts in West Asia on their international businesses.

Agnikul Partners With ICEYE To Develop, Launch Satellites

Agnikul Partners With ICEYE To Develop, Launch Satellites

Rediff.com1 Jul 2026

'With this deal, we may see even 50 launches a year within the next few years.'

International ATF prices cut 27%; commercial LPG, 5-kg cylinder prices raised

International ATF prices cut 27%; commercial LPG, 5-kg cylinder prices raised

Rediff.com1 Jun 2026

India has significantly reduced Aviation Turbine Fuel (ATF) prices for international airlines by 27% due to easing global fuel benchmarks, while simultaneously increasing commercial LPG and 5-kg cylinder prices to record highs.

No rollback of E20 petrol, no selling pure petrol: Govt

No rollback of E20 petrol, no selling pure petrol: Govt

Rediff.com13 Jul 2026

It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.

Union minister Margherita, Bihar guv attend Khamenei's funeral ceremony

Union minister Margherita, Bihar guv attend Khamenei's funeral ceremony

Rediff.com4 Jul 2026

A high-level Indian delegation, including Bihar Governor Lt Gen (Retd) Syed Ata Hasnain and Minister of State for External Affairs Pabitra Margherita, paid tributes to the assassinated Iranian supreme leader Ayatollah Ali Khamenei in Tehran, conveying India's condolences.

US-Iran Conflict Wipes Out Rs 70,000 Cr From LIC Portfolio

US-Iran Conflict Wipes Out Rs 70,000 Cr From LIC Portfolio

Rediff.com11 Mar 2026

The BSE Sensex and the Nifty 50 declined around 4.5 per cent each since the start of the West Asia conflict.

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Rediff.com10 Jul 2026

Indian Hotels Company Ltd (IHCL) is expected to benefit from higher room rates, rising occupancy, and strategic acquisitions, with analysts projecting double-digit revenue growth for FY27 driven by strong domestic demand and a favourable demand-supply dynamic.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com15 May 2026

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

US-Iran War: Koneru Humpy Pulls Out Of FIDE Women's Candidates In Cyprus

US-Iran War: Koneru Humpy Pulls Out Of FIDE Women's Candidates In Cyprus

Rediff.com22 Mar 2026

Indian Grandmaster Koneru Humpy has withdrawn from the FIDE Women's Candidates Tournament, citing concerns over her personal safety amidst the West Asia conflict.

TVS Motor overtakes Hero, Honda in total two-wheeler sales for June

TVS Motor overtakes Hero, Honda in total two-wheeler sales for June

Rediff.com3 Jul 2026

TVS Motor Company has emerged as India's largest two-wheeler manufacturer by total sales volume in June 2026, surpassing long-standing leaders Hero MotoCorp and Honda Motorcycle & Scooter India, primarily driven by its strong international business performance.

Mumbai Man Nabbed for Stealing 27 LPG Cylinders Amid Shortage Rumours

Mumbai Man Nabbed for Stealing 27 LPG Cylinders Amid Shortage Rumours

Rediff.com8 Apr 2026

A 32-year-old man has been arrested in Mumbai for allegedly stealing 27 LPG cylinders. The arrest comes amid rumours of cooking gas shortages.

Indian Auto Sector Kicks Off FY27 with Robust Double-Digit Growth in April

Indian Auto Sector Kicks Off FY27 with Robust Double-Digit Growth in April

Rediff.com14 May 2026

Domestic passenger vehicle dispatches in India rose 25.4 per cent year-on-year to 4,37,312 units in April, continuing the strong demand momentum from the previous fiscal year, according to SIAM.

Indian Auto Industry Records Best-Ever June Sales, FADA Cautiously Optimistic

Indian Auto Industry Records Best-Ever June Sales, FADA Cautiously Optimistic

Rediff.com6 Jul 2026

India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).

Tech Mahindra's Q1 Net Profit Surges 28.4% to Rs 1,465 Crore, Signals Strong Demand

Tech Mahindra's Q1 Net Profit Surges 28.4% to Rs 1,465 Crore, Signals Strong Demand

Rediff.com16 Jul 2026

IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.

Parliament adjourns sine die, Budget Session ends

Parliament adjourns sine die, Budget Session ends

Rediff.com18 Apr 2026

Both Houses of Parliament were adjourned sine die, concluding a Budget session marked by the passage of key legislations and the defeat of a Constitution amendment bill on women's reservation. The session saw frequent opposition protests and discussions on various issues, including the West Asia conflict.

In India, there's an absolutely crazy love for Israel: Netanyahu

In India, there's an absolutely crazy love for Israel: Netanyahu

Rediff.com29 May 2026

Israeli Prime Minister Benjamin Netanyahu has lauded India as a 'huge power' with a strong affinity for Israel, highlighting the growing partnership between the two nations despite global delegitimisation efforts against the Jewish state.

LPG Cylinder Price Up By Rs 29: Second Hike In 3 Months

LPG Cylinder Price Up By Rs 29: Second Hike In 3 Months

Rediff.com7 Jun 2026

Domestic cooking gas (LPG) prices have increased by Rs 29 per cylinder, marking the second hike in three months due to rising global energy costs. This follows broader fuel price increases for petrol, diesel, and CNG, with state-owned retailers still incurring significant losses despite the revisions.

India expresses concern over civilian deaths in Israeli strikes

India expresses concern over civilian deaths in Israeli strikes

Rediff.com10 Apr 2026

India has voiced its deep concern over reports of increasing civilian casualties in Lebanon due to Israeli strikes, emphasising the protection of civilians and the importance of international law.

Iran War: Pakistan Was Flimsy, Face-Saving Fig Leaf

Iran War: Pakistan Was Flimsy, Face-Saving Fig Leaf

Rediff.com8 Apr 2026

Nobody takes Pakistan seriously and therefore Pakistan's sudden mediating with almost immediate results of a ceasefire seems more contrived than real, points out Vice Admiral Biswajit Dasgupta (retd).

Govt hikes windfall tax on diesel to Rs 55.5/litre, ATF to Rs 42/litre

Govt hikes windfall tax on diesel to Rs 55.5/litre, ATF to Rs 42/litre

Rediff.com11 Apr 2026

The Indian government has increased the export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel (ATF) to Rs 42 a litre, effective immediately, to boost domestic availability and prevent exporters from exploiting global price differences.

Direct Tax Collection Jumps 15% to Rs 5.21 Trillion in First 2.5 Months of FY27

Direct Tax Collection Jumps 15% to Rs 5.21 Trillion in First 2.5 Months of FY27

Rediff.com19 Jun 2026

India's net direct tax collection has seen a robust 15 per cent increase, reaching approximately 5.21 trillion in the first two and a half months of FY27, as on June 17, driven by strong growth in both corporate and non-corporate tax segments.

Why Indians Thrive Overseas

Why Indians Thrive Overseas

Rediff.com13 Jul 2026

India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.

No plans to meet US at any level in coming days: Iran

No plans to meet US at any level in coming days: Iran

Rediff.com1 Jul 2026

Iran on Tuesday said that the Islamic Republic has "no plans" to hold any meetings with the United States in the coming days at any level, even as diplomatic engagements continue separately in Doha on the related implementation of the 14-point memorandum of understanding (MoU) aimed at ending the hostilities in West Asia.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

India's Forex Kitty Jumps $938 Million to $682 Billion

India's Forex Kitty Jumps $938 Million to $682 Billion

Rediff.com5 Jun 2026

India's foreign exchange reserves increased by USD 938 million to USD 682.321 billion during the week ended May 28, according to the Reserve Bank of India, following a previous week's drop.

Why Did Shah Rukh Khan Cancel King Shoot?

Why Did Shah Rukh Khan Cancel King Shoot?

Rediff.com31 Mar 2026

Shah Rukh Khan's King has been forced to relocate its April shooting schedule from the Gulf to Mumbai.

Iran to unveil new Hormuz traffic plan, says US-linked vessels may be barred

Iran to unveil new Hormuz traffic plan, says US-linked vessels may be barred

Rediff.com17 May 2026

Head of the Iranian Parliament's National Security Committee Ebrahim Azizi on Saturday said that Iran has prepared a "professional mechanism" to regulate maritime traffic in the Strait of Hormuz through a designated route, which will be unveiled soon.

After Spain, Italy denies US aircraft access to military base

After Spain, Italy denies US aircraft access to military base

Rediff.com31 Mar 2026

Italy has denied the United States the use of the Sigonella military base for flights heading to West Asia, citing a lack of consultation and concerns over the nature of the flights. This decision reflects Italy's stance on avoiding escalation in the region, as Prime Minister Giorgia Meloni's government emphasises its desire to stay out of war.

As Pak brokers US-Iran talks, India says it supports...

As Pak brokers US-Iran talks, India says it supports...

Rediff.com17 Apr 2026

The Ministry of External Affairs (MEA) has stated that India is closely monitoring developments in West Asia, addressing topics ranging from ceasefire efforts to maritime security and the safe return of Indian nationals. The MEA also addressed the UN Climate Change Conference and the delimitation bill.

Razorpay Confidentially Files Draft IPO Documents With SEBI

Razorpay Confidentially Files Draft IPO Documents With SEBI

Rediff.com15 Jun 2026

Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.