Coordination with fiscal policy becomes critical amid 'supply shock as bad as it is', says Malhotra
Tata Group-owned carrier suspends seven overseas routes and reduces services across North America, Europe and Asia amid rising fuel costs and airspace restrictions
NITI Aayog's administration division reportedly instructed programme directors and division heads to suspend all scheduled in-person events
Defense Secretary Pete Hegseth declined to give a breakdown of costs as he faced questions about the conflict in Congress, as part of a hearing $1.5 trn defence request
OMCs losing ₹1K cr a day, says Puri; doesn't rule out fuel price hike
Amid the West Asia crisis, the government is considering expanding India's crude oil, gas and LPG reserves to strengthen long-term energy security
Strong domestic travel demand helped IHCL offset West Asia conflict impact, with Q4 revenue rising 14% and occupancy levels remaining robust
The UAE conducted a series of covert operations between March and May, including an attack on a refinery in Iran
Israel sent Iron Dome anti-missile batteries and personnel to operate them to the United Arab Emirates to defend the country during the Iran war, the US ambassador to the country said Tuesday. Mike Huckabee made the comment on stage at an event in Tel Aviv, Israel. "I'd like to say a word of appreciation for United Arab Emirates, the first Abraham accord member," Huckabee said at the Tel Aviv Conference. "Just look at the benefits. Israel just sent them Iron Dome batteries and personnel to help operate them." The United Arab Emirates, a federation of seven sheikhdoms on the Arabian Peninsula, diplomatically recognised Israel in 2020. The UAE did not immediately respond to a request for comment over the acknowledgment by Huckabee, though it underlined the growing defence relationship between the countries long suspicious of Iran.
The stance highlights the fine balance the world's third-biggest oil importer and consumer is seeking to strike between securing energy supplies and avoiding LNG cargoes under sanctions
Officials in the Prime Minister's Office and Finance Ministry have held discussions with the Reserve Bank of India on several measures that could be taken to limit the damage from soaring oil prices
Companies still weighing work from home appeal
Nasscom president Rajesh Nambiar warned that a prolonged West Asia crisis could delay global firms' GCC investment decisions in India
As India faces rising geopolitical and oil market uncertainty, could PM Modi's work-from-home message force India Inc to rethink its return-to-office push?
Work-from-home can reduce commute-linked fuel use in major cities, but experts say the overall energy impact depends on office and household power use
Prime Minister Narendra Modi urged citizens to help conserve foreign exchange reserves by reducing the consumption of imported fuel through the use of public transport and electric vehicles
As oil prices rise globally, Prime Minister Narendra Modi urges Indians to save fuel and delay gold purchases. Is this an early warning sign for India's economy and future price pressures?
The West Asia conflict has presented a paradox for the future of the India-Middle East-Europe Economic Corridor
The Iran war has highlighted both the strengths and vulnerabilities of the US war machine
The military lessons for India from West Asia include preparing for protracted wars, interviewees say