Page 16 - Israel Iran Conflict

West Asia conflict: How ongoing war casts a shadow on Pune's shop floors

The West Asia conflict exposes fragile supply chains, rattling labour, fuel access, and MSME stability across Maharashtra

Multi-pronged strategy in works to tide over West Asia war impact

This may include a ₹2.5 trillion credit guarantee scheme to help businesses

The Covid lessons: West Asia conflict can also be used to usher in reforms

West Asia conflict may disrupt Budget 2026-27 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock

Rewiring power for a new era: India's energy transition is too cautious

India imports more than 90 per cent of its oil needs and roughly half its gas requirements

Reducing import dependence: Renewable energy can play a significant role

It has been argued that India must push up the domestic production of fossil fuels, including oil and gas, along with diversifying sources of imports

Stay indoors, avoid military sites for 48 hours: India to citizens in Iran

The Indian Embassy in Iran has advised Indian nationals to remain indoors for the next 48 hours, avoid military and electrical installations, and stay in close contact with embassy

Iran rejects flexibility as long as US demands surrender, talks continue

He also warned that "if the situation gets out of control, Iran's allies will also close the Bab El-Mandeb Strait"

Turkish police kill gunman in shootout near Israeli consulate in Istanbul

The diplomatic mission is located in Levent, one of Istanbul's main financial districts, and surrounded by office towers, shopping malls and heavy foot traffic

US strikes Iran's Kharg Island ahead of Trump's deadline to open Hormuz

US President Donald Trump has repeatedly warned of targeting Iran's infrastructure, including power plants and bridges, if Tehran does not agree to a deal

Oil hovers near $110 as Trump's Iran deadline looms over Hormuz reopening

Typically WTI trades at a discount to Brent, but this has reversed in a market where barrels for earlier delivery command a higher price

Beyond oil shock, Iran war is quietly straining India's financial system

A new report has flagged a delayed risk cycle for India from the US-Iran conflict, as liquidity tightens and cash-flow stress builds before defaults, even as headline indicators remain stable

'14 million ready to sacrifice lives': Iran Prez as Trump's deadline nears

The Iranian President said that he, too stands ready to be sacrificed for the country

Iran warns Bab al-Mandeb could shut: What it means for global trade routes

Iran's warning over a possible Bab al-Mandeb closure has raised concerns over global trade. The strategic strait carries oil and goods between Asia, Europe and West Asia

Why Trump's Iran threats are raising war crimes concerns globally

Trump's warnings to target Iran's infrastructure have triggered legal scrutiny as experts say such threats may violate international humanitarian law and escalate risks of war crimes

Bridge linking Saudi Arabia to Bahrain reopens after attack threats

The King Fahd Causeway, a key bridge linking Saudi Arabia and the island of Bahrain, reopened Tuesday morning after closing for hours over possible threats from Iran. The King Fahd Causeway Authority made the announcement in a post on X, saying the only route by road between Bahrain and the Arabian Peninsula had reopened. Bahrain's airport has been closed over the Iranian attacks for weeks. The hours-long closure came after a ballistic missile attack from Iran targeted Saudi Arabia and may have done damage to energy infrastructure there. The kingdom has not elaborated on the damage from that attack.

Morgan Stanley cuts India FY27 GDP forecast by 30bps to 6.2%

If crude spikes to $150/bbl for a quarter, we see FY27 (GDP) growth at around 5.7 per cent, CPI inflation breaching 6 per cent and the CAD widening to around 3 per cent of GDP, Morgan Stanley said.

Stock market outlook: Why analysts say this isn't 'buy on dips' market yet

Indian markets have rebounded in April, with Nifty50 rising nearly 3 per cent this month. Analysts, however, say sentiment remains cautious. Here's why it's not yet a broad-based buy-on-dips phase

Govt plans ₹2.5 trn credit guarantee scheme for businesses hit by Iran war

The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidiary of the government

Air India CEO steps down: Inside the turbulence airline is facing

Air India's CEO Campbell Wilson has reportedly stepped down as the airline deals with financial losses, safety concerns, regulatory scrutiny and flight disruptions linked to the West Asia conflict

Iran urges youth to form human chains near power plants, Saudi shuts bridge

The King Fahd Causeway, a key bridge linking Saudi Arabia to the island kingdom of Bahrain, closed early on Tuesday over threats from Iranian attacks. The King Fahd Causeway Authority made the announcement in a post on X. It said vehicle movements had been "suspended as a precautionary measure" over Iranian attacks targeting Saudi Arabia's Eastern Province. The 25-kilometre (15.5 mile) bridge is the only connection by road for Bahrain, home to the US Navy's 5th Fleet, to the Arabian Peninsula. US President Donald Trump has issued an ultimatum for Iran to reopen the Strait of Hormuz and threatened to bomb Iranian power plants and bridges if it doesn't by Tuesday 8 pm EDT.