Page 2 - West Asia

Dabur faces growth headwinds as rural demand, costs cloud outlook

Weak monsoon fears, West Asia turmoil, and rising costs cloud outlook

FY26 exports grew despite tariffs, but impact of West Asia war looms

Goods shipments in March at 1-year high, imports dip

Govt explores ECLGS-like credit scheme for MSMEs amid West Asia crisis

The Ministry of Small and Medium Enterprises is in touch with the Department of Financial Services to explore an ECLGS-like credit guarantee scheme to support MSMEs amid the West Asia crisis, a senior official stated on Wednesday. Responding to a media query on whether a credit guarantee scheme was in the works for MSMEs, Additional Secretary in the Ministry of Micro Small and Medium Enterprises (MSMEs) Rajneesh said, "We are in constant touch with the Department of Financial Services regarding ECLGS kind of a mechanism. So, at an appropriate stage I will be in a position to share further details on this". The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat Abhiyan to support eligible MSMEs and enterprises in meeting their operational liabilities and restarting their businesses in the context of the disruption caused by the COVID-19 pandemic. The scheme covers all the sectors. Field officers of the MSME Ministry are in constant

Trump rules out ceasefire extension, prefers 'deal' with Iran to end war

Trump says ceasefire may not need extension, signals diplomacy as preferred path even as US operations continue and fresh talks with Iran are possible before the truce deadline

West Asia war: Trump says conflict 'close to over' amid Hormuz blockade

The US says it has enforced a blockade on Iranian ports; Trump says the war is 'close to over', but warns action will continue as talks may resume soon

Iran restores limited internet connectivity in rare move to stem war losses

The move follows comments from an Iranian official that domestic businesses were losing $30 million to $40 million a day due to the internet blackout

Why short-term market volatility rarely changes the long-term view

Stock prices ultimately reflect corporate earnings, not newspaper headlines. India's long-term story rests on fundamentals that geopolitics cannot easily touch

IMF lifts India FY27 growth to 6.5% as lower US tariffs offset risks

IMF has raised India's FY27 growth forecast to 6.5 per cent, saying lower US tariffs could offset the impact of West Asia tensions even as global growth and trade outlook weaken

Shipping bottlenecks squeeze pharma flows as Hormuz crisis impact deepens

India's pharmaceutical industry remains dependent on China for bulk drugs, particularly fermentation-based antibiotics, vitamins and intermediates

PM Modi, Trump discuss Hormuz as hopes rise for fresh US-Iran talks

US envoy Sergio Gor teases 'big-ticket' deals, including on energy

Auto production in 'precarious' phase as suppliers feel 'stressed': Siam

As the inflation rate continues to rise, workers, including those at automobile and auto component makers, in Noida and Gurugram have protested low wages over the past few days

China's export engine stutters as crisis in West Asia dents global demand

But the conflict has disrupted global growth, leaving China especially vulnerable as it has relied on foreign demand to offset a prolonged inability to revive consumption at home

War impact: India's overall airline capacity declines 0.2% in April

West Asia tensions dent international travel demand, dragging down India's airline capacity in April despite steady domestic growth and rising fares

BNP Paribas cuts 2026 Nifty target by 11% on oil surge, macro concerns

BNP Paribas cuts its 2026 Nifty target to 25,500, citing West Asia tensions, higher crude prices, and macroeconomic risks that could weigh on growth, earnings, and market valuations

India leads steel demand growth as global outlook weakens: Report

West Asia conflict is expected to drag steel demand in key regions, while India remains the fastest-growing major market supported by infrastructure push and consumption trends

JNPA says ops efficiency maintained amid global supply chain uncertainties

JNPA says it has maintained operational efficiency despite global supply disruptions, with improved container dwell time, steady cargo movement, and strong performance indicators in FY26

How is India managing LPG supply amid the West Asia crisis? | US-Iran war | Strait of Hormuz | Trump

India has ramped up supply of smaller 5-kg LPG cylinders and accelerated the rollout of PNG connections as it manages fuel availability amid disruptions triggered by the West Asia conflict.

India receives first Iranian crude oil shipment after seven years

India was once among the largest importers of Iranian crude, attracted by favourable pricing, extended credit terms, and logistical advantages