Report says Washington pushed Pakistan to broker Iran ceasefire to stabilise oil markets and ease Strait of Hormuz tensions
A two-week US-Iran ceasefire begins with talks set in Islamabad on Saturday, but the situation remains tense as Israel says its military operations in Lebanon will continue
Vietnam, the world's No 2 rice exporter, cut production as power prices surged. Even with a temporary cease-fire in Iran, worries linger over the world's food supply
After careening from one diplomatic extreme to another, President Trump finds himself with a fragile deal that is already showing signs of fraying
The Informal Group of Ministers (IGoM), headed by Defence Minister Rajnath Singh, took stock of India's readiness in view of the recent developments in West Asia during its third meeting at Kartavya Bhawan-2, New Delhi, on April 8, the government said in a release.Minister of Finance & Corporate Affairs Nirmala Sitharaman; Minister of External Affairs S Jaishankar; Minister for Agriculture & Farmers' Welfare and Rural Development Shivraj Singh Chouhan; Minister of Commerce and Industry Piyush Goyal; Minister of Chemicals & Fertilizers Jagat Prakash Nadda; Minister of Petroleum and Natural Gas Hardeep Singh Puri; Minister of Consumer Affairs, Food and Public Distribution Prahlad Joshi; Minister of Railways, Information and Broadcasting, Electronics & Information Technology Ashwini Vaishnaw; Minister of Parliamentary Affairs Kiren Rijiju; Minister of Civil Aviation Kinjarapu Rammohan Naidu, and Minister of State (Independent Charge) of the Ministry of Science ...
India must seize the current energy crisis to reorient policymaking for long-term benefits
LPG allocation raised to 70 per cent for key industrial sectors, with cap of 0.2 thousand tonnes per day per sector and conditions for eligibility
India backs ceasefire and calls for de-escalation as Jaishankar plans UAE visit to discuss energy supplies, trade and regional developments
World Bank upgrades India's FY27 growth outlook to 6.6% on strong domestic demand, but flags inflation risks and slowdown due to West Asia conflict
Indian oil companies are expected to prioritise LPG supplies from the region as refiners await shipping firms' approval to resume cargo movement through the Strait of Hormuz
Sensex surged nearly 4 per cent in its biggest gain in five years as ceasefire eased oil prices, boosted sentiment and triggered broad-based buying across sectors
Further adding to uncertainty, sporadic fighting continued throughout the region and the Strait of Hormuz remained largely blocked
Even as the Strait of Hormuz reopens, damaged oil and gas infrastructure across the Gulf could delay supply recovery and keep global energy prices elevated
Government raises non-urea fertiliser subsidy by up to 21 per cent for kharif 2026 to shield farmers from rising global prices and supply disruptions linked to West Asia tensions
West Asia conflict forces Indian airlines to cancel one in five international flights in March, sharply cutting capacity and disrupting operations across key routes
Rising oil prices and limited fiscal space heighten risks of inflation, slower growth, and macroeconomic instability as the West Asia crisis unfolds
Shipping is the biggest obstacle for India in source fuels
Gold and silver are traditionally seen as safe havens during war. But the ongoing West Asia conflict is telling a different story. Prices are falling, not rising.
RBI Deputy Governor says remittances to India likely to remain stable as demand for migrant workers may rise despite ongoing conflict in West Asia
The fresh advisory comes as the US and Iran agreed to a two-week ceasefire, about an hour before Trump's deadline to 'obliterate' the rival country was set to expire