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Searched Tag: west asia conflict
RBI Governor Sanjay Malhotra warned petrol and diesel prices may rise in India if the West Asia crisis and oil supply disruptions persist.

RBI Governor warns of hike in petrol and diesel prices

May 13, 2026, 09:06 PM - 2 min read

India is highly dependent on imports of energy and fertilisers, Malhotra said, adding that the current disruptions are beginning to impact India.

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India’s Chief Economic Advisor V Anantha Nageswaran.

West Asia crisis a balance of payments stress test: Nageswaran

May 12, 2026, 04:43 PM - 5 min read

However, he asserted that India’s ongoing fiscal consolidation, infrastructure push, and reform-driven economic framework provide the resilience needed to navigate the turbulent global environment.

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OMCs absorb ₹1.6-1.7k cr daily hit to shield fuel prices

May 10, 2026, 04:33 PM - 4 min read

OMCs are absorbing ₹1.6–1.7k crore daily losses to shield fuel prices, with under-recoveries crossing ₹1 lakh crore in 10 weeks.

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India's aviation sector hit by West Asia instability

May 4, 2026, 04:21 PM - 3 min read

India’s air traffic dips in April as West Asia conflict disrupts flights, with international travel plunging 20% and domestic passenger numbers also declining.

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India’s LPG use drops 16% in April amid West Asia conflict

May 4, 2026, 03:31 PM - 3 min read

India’s LPG consumption fell 16% in April to 2.2 mn tonnes as West Asia conflict disrupted supplies via key import routes, official data shows.

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Air India cuts flights as fuel costs, airspace curbs impact ops

May 2, 2026, 05:00 PM - 4 min read

Air India has cut international flights and warned of further reductions till July as soaring jet fuel prices, airspace restrictions and longer routes make several operations unviable, with CEO Campbell Wilson citing an “extremely challenging” operating environment.

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‘Govt to sustain capex push despite fiscal stress’

May 1, 2026, 06:54 PM - 3 min read

Expenditure Secretary V Vualnam said the coming quarters and the next financial year are likely to face ‘several stress points’, including a possible hit to tax buoyancy following excise duty cuts on petrol and diesel implemented in late March.

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Indian carriers set to resume Doha operations from Friday

April 30, 2026, 07:18 PM - 3 min read

Indian carriers will resume full operations to Doha from May 1, restoring connectivity after nearly two months of disruption due to the West Asia conflict.

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Iranian Foreign Minister Abbas Araghchi with Russian President Vladimir Putin in Moscow on Monday.

Anything for peace, says Putin as Araghchi visits Moscow

April 27, 2026, 09:14 PM - 4 min read

Putin tells Iran’s FM, Russia is ready to “do everything” for peace as Hormuz tensions rise, US-Iran talks stall, and shipping disruption deep

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Iran FM Araghchi with Deputy Prime Minister of Pakistan, Ishaq Dar in Islamabad. (File photo)

Araghchi returns to Pakistan as Trump freezes envoys

April 26, 2026, 09:33 PM - 4 min read

Iran FM Araghchi returns to Islamabad as US–Iran tensions deepen, with Trump cancelling envoy talks and trade blame over stalled ceasefire push.

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In this image posted on April 22, 2026, Defence Minister Rajnath Singh during an interaction event with members of Indian community in Berlin, Germany.

Hormuz situation has wide ramifications, says Rajnath in Germany

April 22, 2026, 04:11 PM - 4 min read

His visit to Germany also comes amid the West Asia conflict that has stretched for over 50 days, with global ramifications.

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West Asia conflict impacts Indian aviation, tourism drops 20 pc

April 16, 2026, 04:28 PM - 4 min read

West Asia conflict has hit India’s aviation and tourism sectors, cutting inbound travel by 15–20% and causing Rs 18,000 crore loss: PHDCCI report.

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