Page 22 - West Asia

West Asia war: US extends ceasefire, keeps Iran port blockade | Strait of Hormuz | US-Iran war

The United States has extended its ceasefire with Iran at Pakistan's request while awaiting a “unified proposal” from Tehran, even as it continues its blockade of Iranian ports.

Why you will struggle to find beer this summer | Breweries | Beer industry | West Asia war

A global conflict, rising input costs, and strict government controls are squeezing India’s beer industry just as demand is set to surge.

Iran war has trebled key input costs: Hindustan Zinc's CEO Arun Misra

Arun Misra says the miner is preparing a $500-600 million capex programme, targeting a doubling of metal production over three to four years while expanding its silver and critical minerals businesses

Best of BS Opinion: Hopes fade for early resolution of West Asia crisis

From rising West Asia tensions and oil shocks to heat stress on food systems and women farmers' role in India, here are the key insights from Business Standard's Opinion page today

Early birds clocked double-digit profit growth in Q4, best in 10 quarters

Early Q4FY26 results show strong earnings growth led by BFSI and metals, even as oil refiners lag and global tensions fuel input cost pressures

Diversify overseas to beat country and currency risks amid volatility

Diversification is not about having all your money in the best-performing asset all the time. It is about not having all your money in the worst-performing asset at any point

West Asia conflict hits India's beverage sector as packaging costs surge

Since February, these disruptions have collided with a surge in demand due to the commencement of summer and a structural shift towards packaged beverages, creating a supply-demand mismatch

70% clients shielded from West Asia war, says LTTS CEO Amit Chadha

LTTS, an engineering research and development (ER&D) company, reported an 8.3 per cent rise in revenue in the fourth quarter but its dollar revenue growth was flat at 0.3 per cent

Crude oil cushion shrinks as supply fault lines deepen amid West Asia war

West Asia conflict and strained global supplies tighten India's oil cushion, raising risks of a crude crunch despite refiners tapping inventories

West Asia conflict: India leans on US for LPG amid Gulf supply crunch

Highest LPG volumes sourced from US, as imports from key West Asian suppliers decline

India's position on Palestine unchanged; no consensus on West Asia at Brics

Sharp differences among the BRICS member states over the US-Israel war on Iran stalled India's efforts to build a consensus position on the conflict during a meeting of the grouping in New Delhi last week, official sources said on Sunday. There was no change in India's position on the Palestine issue at all, they said days after the meeting of the BRICS Deputy foreign ministers and special envoys on Middle East and North America held in New Delhi. As consensus on the West Asia conflict eluded, a "chair's statement" was released at the end of the deliberations. India is the current chair of the BRICS. The BRICS meeting of officials on the Middle-East could not produce a consensus document because there was "sharp difference of positions among members who are party to the conflict", the sources said. It is learnt that the United Arab Emirates' position on the conflict resulted in the meeting ending without producing a collective statement. Efforts to bridge the gaps by all others we

Damaging stalemate: Hopes for early resolution of the US-Iran crisis fade

Over the weekend, a third aircraft carrier, the USS George W Bush, entered the waters near Iran, joining the USS Gerald Ford, the world's largest aircraft carrier, and the USS Abraham Lincoln

Oil shock 2026: Milder than the 1970s but reshaping India's energy outlook

The decade of the 1970s provides us the reference point. The world experienced big jumps in prices of crude oil in 1973 and 1979

West Asia situation, crude oil prices likely to steer markets this week

The geopolitical situation in West Asia, particularly developments around the Strait of Hormuz, Q4 earnings from corporates and crude oil prices are the major factors to drive sentiments in the stock market in a holiday-shortened week ahead, analysts said. Stock markets would remain closed on Friday for Maharashtra Day. "Looking ahead, markets are expected to remain highly news-driven and volatile, with key focus on developments in US-Iran negotiations, trends in crude oil prices, and broader global cues. Stability or a decline in oil prices could help ease macro concerns and support risk sentiment, while any escalation or prolonged disruption in the Strait of Hormuz may trigger renewed volatility and profit booking," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. The ongoing Q4 earnings season is expected to act as a key catalyst for stock-specific price action, with market participants closely tracking reported numbers, forward guidance, and sectoral

Weekly economy wrap: West Asia shock tests India, demand holds firm

Economy wrap April 20-26: From RBI caution to export resilience and trade tensions, the week showed an economy navigating global risks while leaning on domestic demand

US-Iran peace negotiations stall as conflict approaches two-month mark

While a ceasefire has mostly held since early April, both countries are maintaining a blockade on the Strait of Hormuz, making the key energy chokepoint virtually impassable

Energy woes hit RIL's Q4 net; 1st Indian firm to post ₹10 trn annual sales

The Mukesh Ambani-led company's consolidated net profit attributable to owners of the company fell 12.6 per cent year-on-year (Y-o-Y) to ₹16,971 crore in Q4FY26, from ₹19,407 crore a year earlier

West Asia crisis: 527,000 PNG connections gasified since March, says govt

More than 42,000 PNG consumers have surrendered their liquefied petroleum gas (LPG) connections till April 23

Foreign holiday? West Asia war heat burns hole in pocket this summer

While West Asia is out of bounds because of the war, high airfares to SE Asia are also a concern for travellers

Chinese API price surge tests India's pharma buffers amid West Asia crisis

Rising API prices from China and feedstock disruptions amid the West Asia crisis are tightening cost pressures on India's pharma sector despite temporary inventory buffers