Page 11 - West Asia

DFS secy advises PSU banks to ramp up preparedness amid West Asia war

DFS Secretary M Nagaraju reviewed PSU banks' performance and urged them to remain prepared and adaptable in view of the evolving situation in West Asia

Urea sales jump 10%, DAP 39% amid panic buying after West Asia war

Consumers bought around 5.05 million tonnes of urea between March 1 and May 25, 2026, as against 4.60 million tonnes during the same period last year

Indian Oil Corp buys 5 million barrels of crude from Africa, West Asia

IOC purchased Angola's Kissanje and Nemba crude for delivery to its Paradip refinery

MSME drugmakers face capital stress amid prolonged West Asia disruptions

Cost pressures, inventory strains likely to hit margins by 3-5%

Reliance Industries flags 'extreme volatility' risks from West Asia crisis

Near-term retail demand may stay sensitive to macro conditions

Price hikes nearly neutralise rise in raw material costs: Berger MD & CEO

Berger Paints says recent price hikes have nearly offset rising raw material costs, with no immediate signs of demand slowdown despite oil-led inflation

Retail investors double down on equities amid West Asia conflict

In April alone, they snapped up shares worth ₹19,664 cr, recording their biggest buy since Oct '24

Pvt capex revival, US-Iran truce key to next market upmove: Nimesh Chandan

Capex revival, easing West Asia tensions and improving earnings could drive Indian markets towards fresh highs, says Bajaj Finserv AMC CIO

India's investment slowdown is a fallout of deeper structural shifts

Taken together, the Indian economy requires some mechanism for stimulating private investment in the real economy

Govt raps industrial users buying cheaper retail fuel amid crisis

The Centre has flagged rising diversion of discounted retail fuel by industrial users even as public-sector oil firms absorb heavy losses to shield consumers

Air India reduces June-August domestic operations due to fuel costs

Air India said it has temporarily rationalised domestic flight frequencies between June and August due to high fuel prices linked to the ongoing West Asia conflict

FY27 toll collection growth may moderate to 5-7% amid West Asia conflict

Crisil Ratings says slowing commercial traffic and geopolitical tensions may temper toll collection growth in FY27, though credit profiles of road assets are expected to remain stable

Experts seek import discipline, trade reforms amid West Asia tensions

Experts at a Think Change Forum roundtable called for tighter import controls, tax stability and faster trade remedies to protect India's economy from global disruptions

Time to stop slipping on oil: Renewable energy can shield India from shocks

For, every oil price spurt so far has led to an economic crisis that, in turn, has provoked political change

Mounting costs turn the heat on India Inc amid West Asia conflict

Firms diversify sourcing, redraw playbook, increase prices to tide over crisis

FM Nirmala Sitharaman flags 3 Fs: Fuel, fertiliser, foreign exchange

Says West Asia crisis bringing several uncertainties for businesses, common people

West Asia conflict to shave 200 bps off India Inc's margins in FY27

A prolonged West Asia conflict could reduce India Inc's operating profitability by 200 basis points in FY27, according to a Crisil Ratings stress test

West Asia crisis: Why Trump is asking Arab leaders to join Abraham Accords

Donald Trump's proposal signals the US's attempt to use a potential Iran deal to expand diplomatic ties with Israel and reshape regional alliances in West Asia