West Asia

War-delayed cargo, export mission schemes and a curious court ruling

Experts explain insurance limits on cargo delays due to war disruptions, clarify DGFT export schemes for large firms, and decode the Supreme Court ruling on DEEC benefits and licence validity

West Asia conflict scars begin to show on India Inc across sectors

With the war showing no signs of abating, the outlook for many sectors of India's industry is clouding over right now

Lemon Tree Hotels books long-term stay in West Asia despite conflict

Fleur Hotels demerger expected by April next year; tech bets to expand Keys brand

India's exports fell marginally in February; March could be 'challenging'

Imports surge led by gold, silver and electronics while exports dip marginally; Centre weighs relief measures as West Asia crisis disrupts logistics and raises shipping costs

India should join other middle powers to protect the global rule of law

The principal medium-term, geopolitics-related challenge that India will face is the drift of the US towards becoming an isolated and arrogant global power, or, more accurately, a global bully

US-Iran conflict puts foreign portfolio investors back in risk-off mode

Foreign portfolio investors pull out ₹58,064 crore from Indian equities this month as geopolitical tensions and rising crude prices trigger renewed risk-off sentiment

Cost asymmetry: Shift in modern warfighting an opportunity for Indian firms

The star for the Iranian side has been the Shahed-136 unmanned aerial vehicle (UAV), which carries a 25-kg warhead and costs less than $30,000 to make

Sustaining stability: Fallout of Iran war must be managed sensibly

Last week, Union Finance Minister Nirmala Sitharaman announced a ₹1 trillion economic stabilisation fund to enable India navigate such global headwinds

Iran war should accelerate shift away from fossil fuels: UN climate chief

UN climate chief says geopolitical shocks to oil and gas markets highlight urgency of accelerating the global shift to renewable energy

Govt says exports moving smoothly; 2,600 containers shipped to West Asia

Government says exports to West Asia continue smoothly amid crisis as LPG tanker reaches Mundra and two more vessels carrying crude oil and LPG are set to arrive

No fuel shortage in India, refineries running at full capacity, says govt

West Asia crisis: The government said India has adequate crude oil supplies and refineries are running at full capacity; consumers with both PNG and LPG connections have been asked to give up LPG

India evacuates over 550 nationals from Iran via Armenia: Jaishankar

India has evacuated over 550 of its nationals from Iran through Armenia, with External Affairs Minister S Jaishankar thanking Yerevan on Monday for facilitating the land-border transit. New Delhi has been urging Indian nationals stuck in Iran to cross over to Armenia for subsequent travel to India in view of the escalating conflict in West Asia. "Thank the Government and the people of Armenia for facilitating the safe evacuation of over 550 Indian nationals from Iran so far," Jaishankar, currently on a visit to Brussels, said. "Appreciate their support in these challenging times," he said on social media. External Affairs Ministry spokesperson Randhir Jaiswal said last week that around 9,000 Indians were staying in Iran, and the government of India is assisting those who want to travel to Azerbaijan and Armenia for their subsequent return to India. "These 9,000 Indian nationals comprise students; they also comprise seafarers, some business people, some professionals, and some ...

Trump says 'deal' with Cuba soon but war in Iran remains priority

Donald Trump says US is in talks with Cuba but Iran war takes priority; warns he could delay summit with Xi Jinping if China fails to help secure Strait of Hormuz

West Asia conflict: Ports face congestion after container buildup

Container congestion is rising at west coast ports such as JNPA and Kandla as the West Asia crisis disrupts shipping routes, leaving over 30,000 containers stuck across supply chains

UAE helps 500 Golden Visa holders return amid Gulf war travel chaos

Nearly 500 Golden Visa holders and UAE residents returned home after flight disruptions linked to the Iran-US-Israel conflict stranded travellers abroad

War-driven selloff erodes $447 bn off India mcap, close to Covid crash

Even as a crude-laden Indian tanker sailed safely from UAE's Fujairah and Tehran claimed Hormuz is closed for its 'enemies', the war continues to rattle many sectors

West Asia war updates: Trump warns Nato over Hormuz; Brent above $105

As the West Asia war enters its third week, Donald Trump warns Nato of consequences for not helping reopen the Strait of Hormuz; Brent crude rises above $105

Antique retains buy on Yatra; Middle East impact temporary, sees 87% upside

Factoring in the Middle East conflict-related disruption, Antique trimmed its FY26-FY28 earnings estimates for Yatra Online by 4 per cent each and reduced its valuation multiple to 27x from 32x

Macron urges Iran to halt regional attacks, restore Hormuz navigation

Macron said he had spoken with Iranian President Masoud Pezeshkian and called on him to end what he described as "unacceptable attacks" that Iran is carrying out against countries in the region