Page 17 - West Asia

FY27 outlook structurally optimistic as crude prices ease: Analysts

The outlook for Indian markets in the next fiscal year remains structurally optimistic once geopolitical tensions subside and crude oil prices stabilise, analysts said, even as domestic equities ended FY26 on a bearish note, with Sensex plunging 7 per cent. In 2025-26, the BSE benchmark plunged 5,467.37 points, or 7 per cent, and the NSE Nifty dropped 1,187.95 points, or 5 per cent. The year was dominated by global macro uncertainty, persistent geopolitical tensions, elevated crude prices, and aggressive FII (Foreign Institutional Investors) outflows, which collectively capped upside momentum, an expert said. Markets have been reeling under the immense pressure ever since the West Asia conflict began, creating chaos, rattling energy markets globally and generating a risk-off environment. This month alone, the BSE benchmark crashed 9,339.64 points, or 11.48 per cent, since the beginning of the West Asia conflict on February 28. "The current bearish trend is largely externally drive

West Asia war: The undersea cable crisis that could slow India’s internet | US-Iran war

As conflict escalates in West Asia, a hidden risk is emerging beneath the sea. The world’s internet cables, carrying over 95% of global data, are under threat.

China confirms 3 ships crossed Strait of Hormuz amid ongoing conflict

Ship-tracking data showed two Chinese container ships sailed through the Strait of Hormuz on Monday on their second attempt to leave the Gulf after turning back on Friday

Expired visa in Saudi Arabia? Call 992 as relief window nears April 18

Stranded in Saudi Arabia with an expired visa? Authorities ask affected individuals to call helpline 992 as relief window closes April 18

In crisis created by the Iran war, survival won't be enough for businesses

Beyond firefighting, leaders must leverage shifting market dynamics and deepen relationships to secure a long-term competitive advantage

CEOs upbeat on FY27 capex amid West Asia war cloud: Business Standard poll

Prolonged West Asia conflict, supply chain woes major concerns

Q4 results preview: IT cos set for soft finish to FY26 as war clouds gather

West Asia conflict, GenAI fears, and cautious clients weigh on demand

Aviation in a tailspin again as it recovers from last year's shocks

Disruptions from Iran war have sharpened underlying challenges in a sector that is still recovering from last year's shocks

India's fuel exports drop amid European Union sanctions, West Asia war

Latest sanctions by EU banning imports of fuels made from Russian crude oil from January has hurt India's sales, say industry sources

Inflation dynamics: Ongoing Iran conflict will complicate policy choices

Research has shown that both the inflation rate and volatility moderated after the adoption of the flexible inflation-targeting framework

Higher crude oil prices, uncertainty weigh on commercial vehicle sales

Surging crude prices and geopolitical tensions weigh on commercial vehicle demand outlook, even as strong freight activity supports near-term growth in volumes

Iran says its expelled ambassador won't leave Lebanon as tensions soar

Iran on Monday defied Lebanon's expulsion order for its ambassador by saying he would stay, further increasing tensions in a country in the crosshairs of the latest fighting between the Iranian-backed Hezbollah and Israel. Lebanon had declared Ambassador Mohammad Reza Shibani "persona non grata" in an effort to weaken Iran's diplomatic presence and have a charge d'affairs at its embassy instead. But the deadline to leave the country was Sunday. "Our embassy in Lebanon is active," Iranian Foreign Ministry spokesman Esmail Baghaei told journalists. "Our ambassador, following remarks made by relevant Lebanese bodies and the conclusions reached, will continue his mission in Beirut and he is still there." Lebanese officials did not immediately respond to a request for comment. It was not clear what Lebanon would might do next or how diplomatic relations might be affected. The Iranian ambassador is reportedly in the embassy, where he is believed to have diplomatic immunity. The Lebanese

How Iran is controlling the Strait of Hormuz

A month into the US-Israel–Iran conflict, the Strait of Hormuz, the world’s most critical oil artery, is no longer fully open. Traffic has collapsed, Iran is dictating passage

India, Russia review strategic partnership amid West Asia crisis

India and Russia on Monday explored ways to further expand their already close strategic partnership against the backdrop of the West Asia crisis and its economic fallout. The escalating conflict in West Asia is learnt to have figured prominently in Russian Deputy Foreign Minister Andrey Rudenko's meetings in New Delhi including with External Affairs Minister S Jaishankar. "Good to meet Deputy Foreign Minister Andrey Rudenko of Russia. Spoke about further advancement of our wide-ranging cooperation. As well as regional and global developments," Jaishankar said on social media. People familiar with the meeting said the crisis in West Asia figured in the discussion. Rudenko also co-chaired India-Russia Foreign Office Consultations along with Foreign Secretary Vikram Misri. "Both sides reviewed the full spectrum of Special and Privileged Strategic Partnership and shared perspectives on bilateral, regional and global issues of mutual interest," External Affairs Ministry spokesperson .

myHQ by Anarock eyes Dubai, London expansion despite West Asia conflict

Firm targets Rs 500 crore revenue in five years after pivot to marketplace model, with global expansion plans focused on high-value markets offering long-term growth potential

West Asia conflict: 8 Indian lives lost in 'various incidents', says MEA

Amid the escalating West Asia conflict, the Ministry of External Affairs (MEA) on Monday said eight Indian nationals have lost their lives while one remains missing in "various incidents" in the region. At an inter-ministerial briefing here on the West Asia situation, Additional Secretary (Gulf), MEA, Aseem R Mahajan, also said, "Yesterday, an Indian national unfortunately lost his life in an attack in Kuwait." However, he did not elaborate upon the circumstances of this death. "We express our deepest condolences to the family of the deceased. Our Mission in Kuwait is in touch with the family of the deceased and is coordinating closely with the local authorities to render all support and for early return of his mortal remains to India," he said. On March 20, at an inter-ministerial briefing on the West Asia situation, Mahajan had told reporters that six Indian nationals had lost their lives while one remained missing in "various incidents". On Monday, he shared an update, saying,

Why Iran war has forced India to bring kerosene back to the kitchens

Kerosene, once widely subsidised and used in India, was phased out with LPG expansion; now, amid global supply disruptions, the fuel is making a temporary return to households

Trump claims regime change in Iran has already occurred amid West Asia war

Donald Trump signals that while a formal deal with Iran remains uncertain, shifting ground realities suggest regime change may already have occurred amid the ongoing conflict and negotiations

Trump claims Iran gave in to US demands, considers seizing Kharg Island

Taking Iran's oil would require a risky military operation involving the invasion and occupation of its main export hub, Kharg Island, which also houses an Iranian naval base

Stocks, real estate, bonds, gold, silver, oil: Where to invest in FY27?

Here's how leading analysts expect FY27 to play out for different asset classes and suggest an ideal investing strategy.