West Asia

West Asia conflict: Crude oil price remains high as attacks continue

Crude prices stayed near $100 per barrel amid ongoing West Asia tensions, while India denied reports of paying Iran for tanker passage through the Strait of Hormuz

Updated On: 24 Mar 2026 | 11:53 PM IST

Datanomics: India's gems and jewellery export growth flat in FY26

Nearly half of the pearls and precious stones coming to India were imported from UAE in FY26 (till Jan). The UAE also supplied around 23% of India's gold imports in the same period

Updated On: 24 Mar 2026 | 11:42 PM IST

PM Narendra Modi, Donald Trump stress 'open and secure' Strait of Hormuz

PM speaks with US President, Jaishankar meets Iran envoy as Centre forms seven groups to manage risks to energy, trade and supply chains amid escalating West Asia conflict

Updated On: 24 Mar 2026 | 11:29 PM IST

Soft landing for aviation insurance premiums amid benign loss trends

Aviation insurance rates have softened due to excess reinsurance capacity and lower global losses, though geopolitical risks continue to influence underwriting conditions

Updated On: 24 Mar 2026 | 11:28 PM IST

War has limited direct impact on our biz: TVS SCS MD Ravi Viswanathan

TVS Supply Chain Solutions sees limited direct impact from the West Asia crisis, with stable volumes and a strong growth outlook ahead.

Updated On: 24 Mar 2026 | 11:20 PM IST

Mkts rebound as US pauses Iran strikes; gains capped as oil recoups losses

Indian equities rallied after the US delayed strikes on Iran, but gains were capped by elevated oil prices and continued uncertainty around the conflict

Updated On: 24 Mar 2026 | 11:19 PM IST

West Asia conflict: Small firms face big strain from energy and cost shocks

Rising gas prices, disrupted routes threaten MSME margins and output: CII

Updated On: 24 Mar 2026 | 11:18 PM IST

An opportunity in a crisis: Oil import dependence needs urgent policy fix

The ongoing oil crisis risks becoming a lost opportunity unless the government outlines a clear plan to reform exploration policies and boost India's domestic crude oil output

Updated On: 24 Mar 2026 | 10:30 PM IST

Low hopes, sharp divides: WTO conference points to continuity outcome

Expectations this time are low for an institution that governs 98 per cent of global trade, worth over $35 trillion, due to a deep divide over its direction

Updated On: 24 Mar 2026 | 10:13 PM IST

West Asia crisis: Jindal Steel doubles Angul complex capacity to 12 MTPA

Jindal Steel doubles Angul complex capacity to 12 MTPA, strengthening domestic production and reducing import dependence amid global supply disruptions

Updated On: 24 Mar 2026 | 10:09 PM IST

Fallout of West Asia war: India must prepare to minimise the damage

The war is in its fourth week and has already affected several countries, including India. The impact is being felt through different channels, though macro indicators may not capture everything

Updated On: 24 Mar 2026 | 10:08 PM IST

West Asia conflict likely to dent Q4 earnings of listed hotel majors

Geopolitical tensions may hit foreign tourist inflows, affecting occupancies and room rates even as domestic demand stays resilient; outlook hinges on conflict duration

Updated On: 24 Mar 2026 | 9:38 PM IST

LPG crisis: HungerBox invests ₹3.5 crore in shift to electric cooking

HungerBox has invested Rs 3.5 crore in electric cooking systems to tackle LPG shortages and support food partners, ensuring continuity amid supply disruptions

Updated On: 24 Mar 2026 | 7:44 PM IST

Centre forms seven official panels to tackle impact of West Asia crisis

The first panel on defence, external affairs and public order is led by Foreign Secretary Vikram Misri, with Home Secretary Govind Mohan and Defence Secretary Rajesh Kumar Singh as members

Updated On: 24 Mar 2026 | 7:14 PM IST

Gold rebounds ₹1,200 to ₹1.44 lakh/10g in Delhi; silver stays flat

Gold prices snapped a four-day losing streak and climbed Rs 1,200 to Rs 1.44 lakh per 10 grams in the national capital on Tuesday, while silver remained flat at Rs 2.30 lakh per kilogram, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,43,600 per 10 grams (inclusive of all taxes) on Monday. Traders attributed the rebound in domestic gold prices to a recovery in global commodity markets and some buying at lower levels after recent sharp declines. In the international markets, spot gold rebounded after nine sessions of losses, rising USD 16.96, or 0.38 per cent, to USD 4,423.83 per ounce, while silver was trading 1.03 per cent higher at USD 69.86 per ounce. "Spot gold, after falling for nine straight days, is trading steady at around USD 4,420 per ounce in the overseas trade on cautious optimism about the Iran war as the US President Donald Trump declared a five-day ceasefire on strikes against energy installations in Iran,

Updated On: 24 Mar 2026 | 6:30 PM IST

World Economic Forum postpones meet in Saudi Arabia amid West Asia conflict

The WEF said its decision "reflects a commitment to convening the meeting under conditions that ensure its full strategic impact," adding that it will provide a new date in due course

Updated On: 24 Mar 2026 | 4:48 PM IST

Bulls roar: Sensex zooms 1,750 pts, Nifty tops 23k intraday; key reasons

At the close, Sensex jumped 1,372.06 points or 1.89 per cent to settle at 74,068.45. Similarly, the Nifty 50 index ended 399.75 points or 1.78 per cent higher at 22,912

Updated On: 24 Mar 2026 | 4:13 PM IST

Sensex zooms 1,500 points on ceasefire hope: Should you sell the rally?

Analysts believe a lot now depends on what Trump does after the 5-day ceasefire and how crude oil prices, bond yields play out.

Updated On: 24 Mar 2026 | 9:20 AM IST

Nifty50 valuations ease amid oil surge, geopolitical jitters: JM Financial

Despite global headwinds, consumption trends held up, banking and household financial activity remained steady

Updated On: 24 Mar 2026 | 8:28 AM IST

FPI selling surpasses ₹1 trillion mark in March amid West Asia crisis

Backed by SIPs, domestic investors brought relief with ₹1.13 trn investment

Updated On: 24 Mar 2026 | 12:23 AM IST