Page 18 - West Asia

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.

Iran parliament speaker warns severe retaliation against US ground invasion

Iran warns of severe retaliation against US ground forces as conflict escalates, with experts cautioning long-term global economic fallout from damaged energy infrastructure

HFCL's growth plan: Fibre and firepower to drive next phase expansion

HFCL plans ₹800-900 crore expansion in fibre and defence as data centre demand surges, while navigating supply risks and boosting exports

Why the West Asia war may force countries to rely less on natural gas

The United States, as the world's biggest gas exporter, will almost certainly benefit from this upheaval, at least in the short term

West Asia war: CII outlines 12 point industry agenda, lauds govt response

Industry body CII on Sunday commended the government for its "swift, coordinated and well-calibrated response" to the disruptions arising from the West Asia crisis, and laid out a 12-point agenda for India Inc to complement these efforts. CII Director General Chandrajit Banerjee said while the policy response has mitigated immediate risks, the evolving situation requires continued coordination between the government and industry. "The policy approach has correctly focused on maintaining production continuity and supporting viable enterprises," Banerjee noted. "The next phase requires industry to build on this foundation with practical and responsible actions." Banerjee emphasised that the government's response has been timely, measured and reassuring. It reflects a whole of government approach that has focused on keeping supply chains functional, supporting exporters, protecting households and maintaining macroeconomic stability. Industry deeply appreciates both the intent and the

Regional powers' huddle in Pakistan to de-escalate West Asia conflict

Foreign Ministers of Saudi Arabia, Egypt, Turkiye and Pakistan held consultations on the West Asia conflict in Islamabad on Sunday to find a way to de-escalate the ongoing war that has unsettled the region and caused severe global economic disruptions. The foreign ministers discussed the evolving regional situation and exchanged views on security issues while exploring options for broader peace in the region, an official said. The talks were held amidst a delay in the direct talks between the US and Iran. No statement was issued after the meeting. Egyptian Foreign Minister Badr Abdelatty and Turkish Foreign Minister Hakan Fidan arrived in Islamabad on Saturday, while their Saudi counterpart, Prince Faisal bin Farhan Al Saud, reached here on Sunday at the invitation of Pakistan Deputy Prime Minister and Foreign Minister Ishaq Dar. The two-day quadrilateral summit is Pakistan's attempt to broker peace in West Asia. After the meeting, the Saudi Foreign Minister Prince Faisal bin Farh

Govt may consider more relief packages if West Asia crisis prolongs

The government may announce more relief packages for vulnerable segments of the economy, including the MSME sector, to help them sustain and keep inflation under check in the domestic market if the West Asia crisis prolongs further, sources said. The government has announced a slew of measures, including cutting excise duty on petrol and diesel during the month and will not hesitate to announce more to shield the vulnerable sectors of the economy, sources said. The government slashed the excise duty on petrol to Rs 3 a litre and exempted diesel from the duty to protect consumers from the impact of rising global crude prices amid the ongoing war in the Middle East. Alongside, the government brought back duties on the export of diesel and aviation turbine fuel (ATF) to improve domestic availability. Global crude prices have risen by almost 50 per cent since the United States and Israel launched military strikes against Iran on February 28, triggering sweeping retaliation from ...

West Asia conflict: Anti-dumping duties need a downstream impact test

A surge in DGTR anti-dumping actions may protect producers but risks raising costs for downstream industries, reviving concerns over creeping protectionism

Two Indian LPG vessels pass Hormuz, headed for Mumbai and Mangaluru

Two LPG carriers with 94,000 tonnes of cargo have crossed the Strait of Hormuz and are heading to Indian ports, even as supply pressures persist amid the ongoing West Asia crisis

West Asia conflict: Gas shortage fires up CIL's e-auction premiums to 35%

Coal India's e-auction premium rose to about 35 per cent in February 2026 as gas shortages linked to the West Asia crisis pushed industrial users towards coal

How West Asia conflict is shaping upcoming state election narratives

From LPG shortages to NRI voter concerns, the West Asia conflict is reshaping campaign strategies and narratives in key state elections

No end in sight: West Asia conflict escalating costs for global economy

Countries in Asia heavily dependent on West Asian fossil fuel are already struggling to contain the inflationary impact and hardships of fuel shortages

Equity markets appear to lean on early US-Iran truce, says Sailesh Raj Bhan

Elevated oil prices and prolonged West Asia crisis may hit earnings, but staggered investing offers opportunity for long-term investors, says Nippon MF CIO

Qcom firms see uptick in demand for ready-to-eat items amid LPG constraints

Quick commerce platforms are witnessing higher demand for ready-to-eat foods as LPG supply issues and labour shifts push urban households towards convenient meal solutions

Iran-backed Houthis enter West Asia war, may disrupt global shipping

Iranian-backed Houthi rebels entered the month-old war in the Middle East on Saturday, claiming two missile launches at Israel. About 2,500 US Marines arrived in the region. And Pakistan's government said that regional powers plan to meet Sunday to discuss how to end the fighting. The war has threatened global supplies of oil and natural gas, sparked fertilizer shortages and disrupted air travel. Iran's grip on the strategic Strait of Hormuz has shaken markets and prices. The United States and Israel continue to strike Iran, whose retaliatory attacks have targeted Israel and neighbouring Gulf Arab states. More than 3,000 people have been killed. The Houthis' entry could further hurt global shipping if they again target vessels in the Bab el-Mandeb Strait off the Red Sea, through which about 12 per cent of the world's trade typically passes. There could be limited relief after Iran on Friday agreed to allow humanitarian aid and agricultural shipments through the Strait of Hormuz ..

West Asia war: Govt relaxes kerosene norms to tackle energy supply issues

The Ministry said that the measures would enable the ad-hoc distribution of kerosene to households for cooking and lighting in 21 states and federal territories

Iran warns US over ground attack as regional powers meet in Pakistan

Washington has dispatched thousands of Marines to the West Asia, with the first of two contingents arriving on Friday aboard an amphibious assault ship, the US military has said

Govt ramps up measures to ensure fuel, LPG supplies amid Hormuz disruption

The government has stepped up measures to secure fuel and gas supplies amid the closure of the Strait of Hormuz, while urging citizens to avoid panic buying as sporadic rushes were reported at fuel stations. In a statement, giving an update on developments following the war in West Asia, the oil ministry said refineries are operating at high capacity with adequate crude inventories, and stocks of petrol and diesel remain sufficient nationwide. Retail outlets are functioning normally, even as rumours triggered temporary spikes in demand in some states. "There were certain rumours, which led to panic buying at some retail outlets in a few states, resulting in unusually high sales and heavy crowding at retail outlets. However, it is informed that there are adequate stocks of petrol and diesel available at all petrol pumps in the country," it said. To boost domestic availability, the government has cut excise duty on petrol and diesel by Rs 10 per litre and imposed export levies of Rs .

West Asia conflict: Two India-bound LPG tankers clear Strait of Hormuz

Two more Indian-flagged LPG tankers, carrying roughly a day's supply of the country's cooking gas, have safely navigated through the war-hit Strait of Hormuz and are expected to reach Indian shores in the next couple of days. "Two LPG carriers, BW TYR and BW ELM, carrying a combined LPG cargo of about 94,000 tonnes, have safely transited the region and are moving towards Indian shores," an official statement said. While BW TYR is proceeding towards Mumbai with an expected arrival on March 31, BW ELM is en route to New Mangalore with an estimated arrival date of April 1. The US and Israel attacks on Iran and Tehran's sweeping retaliation have all but halted shipping through the strait - the narrow shipping lane that is a conduit for oil and gas exports from Gulf countries to the world. Iran, however, last week said "non-hostile vessels" may transit the waterway after coordinating with Iranian authorities. Previously, four Indian-flagged LPG tankers had safely sailed through the ...

Bahrain's Alba assesses damage after Iranian strikes on aluminium plants

Two employees at Aluminium Bahrain were hurt in Saturday's attack, the state-controlled company said, while regional peer Emirates Global Aluminium's site sustained significant damage