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"west-asia"

  • Rupee slips 4 paise to 96.57 against US dollar amid rising crude oil prices

    The rupee weakened by 4 paise to close at 96.57 against the US dollar as elevated crude oil prices and weak domestic equities weighed on sentiment. Traders said likely RBI intervention helped limit losses despite heightened geopolitical tensions in West Asia
  • Govt monitoring West Asia crisis, vows support to keep exports moving

    The government said it is closely monitoring the West Asia crisis and will take necessary measures to support exporters. An inter-ministerial group continues assessing trade and energy supply chain disruptions, while exporters increasingly use Oman's ports to maintain regional shipments
  • Indian stock markets post weekly losses despite Friday rally

    Indian equity benchmarks ended the week with modest losses as rising West Asia tensions pushed crude oil prices higher. Strong gains on the final trading day, supported by banking and IT stocks, helped limit the weekly decline in the Nifty and Sensex.
  • Rupee rises 14 paise to 95.33 against US dollar as crude, dollar weaken

    The rupee appreciated 14 paise to close at 95.33 against the US dollar, supported by a weaker dollar index, easing crude oil prices and strong domestic equities. Foreign institutional outflows and West Asia tensions, however, capped further gains
  • ECLGS 5.0 issues over 4.11 lakh guarantees worth Rs 1.55 lakh crore

    The government said ECLGS 5.0 has issued over 4.11 lakh guarantees worth ₹1.55 lakh crore since its launch, with MSMEs receiving 98 per cent of guarantees by number. The scheme aims to boost liquidity for businesses affected by West Asia-related disruptions
  • Government lifts most emergency natural gas restrictions after West Asia ceasefire

    The Centre has withdrawn most emergency natural gas supply regulations after LNG shipments through the Strait of Hormuz resumed following a West Asia ceasefire, easing supply concerns and restoring normal energy operations across the country
  • Govt withdraws emergency gas curbs imposed during Hormuz disruption as LNG supplies normalise

    The Centre has withdrawn most emergency natural gas supply restrictions after LNG shipments through the Strait of Hormuz resumed following a West Asia ceasefire. Improved maritime traffic and ongoing negotiations restored normal supplies, ending crisis-era measures introduced to safeguard India's energy security
  • India overcame global energy crisis through timely decisions, diplomacy: PM Modi

    Prime Minister Narendra Modi said India successfully managed one of the century's biggest energy crises through timely policies, diversified fuel imports and diplomacy, while dedicating Rajasthan's Pachpadra refinery and launching development projects worth over ₹1.06 lakh crore
  • US remains India’s top LPG supplier as import diversification gains pace

    The United States retained its position as India's largest LPG supplier in June, with imports rising 19.4%. India continued diversifying energy sourcing beyond Gulf nations to strengthen energy security amid geopolitical uncertainties in West Asia
  • Sonia Gandhi slams Modi government’s silence on Gaza, questions foreign policy approach

    Congress Parliamentary Party Chairperson Sonia Gandhi criticised the Modi government over its stance on the Gaza conflict, alleging its silence has weakened India's moral standing and foreign policy interests while distancing the country from traditional allies and global public opinion
  • Indian LNG ship Disha safely clears Strait of Hormuz amid conflict zone risks

    Indian LNG carrier Disha completed a safe passage through the Strait of Hormuz, marking the first Indian-flagged LNG vessel to exit the conflict zone in over three months. The ship, carrying 62,370 metric tonnes of LNG, is headed to Dahej
  • Key players in US-Iran peace deal

    As the United States and Iran prepare to sign a peace agreement in Switzerland, key political and diplomatic figures from Washington, Tehran and Islamabad have played major roles in negotiations. The deal is being projected as a significant step toward ending conflict
  • Gold, silver trade higher amid weaker dollar, geopolitical uncertainty

    Gold and silver prices rose in MCX trade, supported by a weaker dollar and geopolitical tensions in West Asia amid US–Iran developments. Gold touched ₹1,59,500 per 10 grams, while silver saw volatile movement amid shifting investor sentiment and crude oil declines
  • Netanyahu calls India a ‘huge power’, praises ‘crazy love’ for Israel

    Israeli Prime Minister Benjamin Netanyahu praised India as a “huge power” and said the country shows “crazy love for Israel” despite global criticism of the Jewish state. He highlighted strong India-Israel ties, expanding diplomatic partnerships and his close rapport with Prime Minister Narendra Modi
  • India-UAE-Israel partnership could stabilize West Asia: Report

    A geopolitical analysis highlights India’s balancing act in West Asia, urging it to maintain ties with UAE, Israel, and Iran simultaneously. It notes PM Modi’s UAE visit as part of India’s broader strategy to deepen strategic, economic, and connectivity partnerships across the region
  • Modi, UAE President discuss regional stability amid Iran-Israel conflict

    Prime Minister Narendra Modi told UAE President Mohamed bin Zayed Al Nahyan that India is ready to support peace efforts in West Asia amid escalating regional tensions. Talks focused on energy security, investments, strategic ties and the impact of the Iran-Israel conflict on global stability
  • Sensex, Nifty jump about 1 pc in early deals over easing West Asia tensions

    Indian markets rose nearly 1%, with BSE Sensex and Nifty 50 gaining on global optimism and easing oil prices amid hopes of West Asia de-escalation, though analysts expect volatility and range-bound trade in the near term
  • Jet fuel hiked for foreign airlines, no change for domestic flights

    Aviation fuel prices for international airlines rose about 5 percentage to dollar 1,511.86 per kl, while domestic carriers were shielded from hikes as authorities adopted a calibrated approach amid global energy volatility linked to geopolitical tensions and rising crude oil prices
  • Cong slams BJP over Rs 993 LPG hike, calls it blow to common people

    Congress on Friday slammed the BJP government over the steep Rs 993 hike in commercial LPG prices, alleging insensitivity to common citizens and small businesses, and criticised the Centre for failing to cushion global energy shock triggered by the West Asia conflict
  • MEA says close monitoring of West Asia crisis, protecting Indian nationals

    India is closely monitoring tensions in West Asia and engaging Iran and Gulf nations to ensure safety of nationals and secure shipping through the Strait of Hormuz. MEA highlighted high-level diplomatic outreach and concerns over recent firing incidents
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