Page 34 - West Asia

India's LPG consumption drops 17% in March amid West Asia conflict

India imports about 60 per cent of its LPG requirements, much of it via the Strait of Hormuz, which has been effectively shut following US and Israeli strikes on Iran and Tehran's retaliation

LPG supplies remain a concern for India amid West Asia crisis: Govt

An LPG vessel Nanda Devi arrived at Kandla port early Tuesday, safely crossing the Strait of Hormuz, offering some relief amid ongoing supply concerns

Market mood hits 6-month low in March, says BofA fund manager survey

Investor optimism fades as rising cash levels and geopolitical risks signal a shift from a "frothy bull" market to growing caution globally

West Asia crisis: Ramping up domestic LPG output, says FM Sitharaman

Shipping constraints through the Strait are expected to persist in the near term, with global supply adjustments taking time

The calculus of war: Power, oil, and the logic of conflict in Iran

Everybody loves a good war, especially if they are oil-rich. Here's the algebra of the calculus of war for Iran

Israel killed Larijani to help Iranians shape their destiny: Netanyahu

Claiming to have eliminated Iran's top security official Ali Larijani, Israeli Prime Minister Benjamin Netanyahu on Tuesday said that the joint US-Israeli strikes were aimed at weakening the Iranian government to give the Iranian people the chance to take their "destiny into their own hands". "This morning, we eliminated Ali Larijani...Alongside him, we also eliminated the commander of the Basij they are the gangsters' assistants who are terrorising the population in the streets of Tehran and other Iranian cities," he said in a statement. Larijani had effectively evolved as the in-charge of Iran's war management following the assassination of Supreme Leader Ayatollah Ali Khamenei by Israel on February 28 in the opening strike of the war, which is now in its eighteenth day. There was no word from the Iranian government on the fate of Larijani, the Secretary of the country's Supreme National Security Council. "We are undermining this regime in the hope of giving the Iranian people a

West Asia conflict: Helmet makers flag safety risks amid cost surge

Helmet makers warn that rising input costs driven by global conflicts may lead to compromised safety standards, as price pressures intensify in India's competitive market

Crude above $100: What it means for India's economy and energy

Crude oil above $100 a barrel threatens to widen India's CAD, stoke inflation, and strain key sectors, even as upstream firms gain and downstream players face margin pressures

Lack of alternatives, pilferage, pricing gaps strain OMCs' LPG network

A lack of effort to push alternative fuels, weak monitoring, rising demand under PMUY, and a widening gap between retail and market prices are straining India's LPG ecosystem

China to provide humanitarian aid to Iran, three other West Asia nations

China on Tuesday said it will provide emergency humanitarian assistance to Iran, Lebanon and two other West Asian countries hit hard by the ongoing conflict in the region. Speaking at a media briefing, Chinese foreign ministry spokesperson Lin Jian said that Beijing has decided to provide emergency humanitarian aid to Iran, Jordan, Lebanon, and Iraq in the hope of easing the humanitarian plight faced by local people. "The ongoing conflict has inflicted excruciating humanitarian disasters on (the) people of Iran and other regional countries. China deeply sympathises with people in relevant countries", Lin said. He was responding to a question about whether China is considering providing humanitarian assistance to the relevant countries, as the UN Refugee Agency recently said the crisis in West Asia has constituted a major humanitarian emergency, and the affected regions already host nearly 25 million refugees, internally displaced persons and returnees. Iran has suffered many innoce

EAM Jaishankar meets EU leadership, discusses West Asia, India-EU FTA

EAM S Jaishankar met EU leaders in Brussels to discuss West Asia, energy security and push early signing of the India-EU free trade agreement and deeper strategic ties

Can restaurants add an 'LPG crisis charge' to your bill? Law explained

As restaurants cite rising commercial LPG costs for the surcharge, here is what Indian law permits and where it draws a clear line

Mojtaba Khamenei rejects proposals to reduce tensions with US: Report

The Strait of Hormuz remains largely closed off, with US allies rebuffing US President Donald Trump's request for help to reopen the critical waterway, raising energy prices and fears of inflation

Cricket to Football: Sporting events affected by West Asia conflict

Major sporting events across the Middle East have been cancelled or postponed, while travel disruptions at key transit hubs have also impacted athletes and teams travelling for competitions.

West Asia war digest, March 17: Stories tracking the economic fallout

From oil-driven rate hike bets and FPI outflows to export disruption, fuel shortages and shipping risks, Business Standard coverage tracks how the West Asia crisis is reshaping India's economy

West Asia war weighs on Indian markets; IPOs, unlisted shares lose steam

NSE, whose IPO is yet to open, saw its unlisted shares fall 3.47 per cent to ₹1,945, while BSE shares, already listed, rose 5.64 per cent to ₹2,860

War-delayed cargo, export mission schemes and a curious court ruling

Experts explain insurance limits on cargo delays due to war disruptions, clarify DGFT export schemes for large firms, and decode the Supreme Court ruling on DEEC benefits and licence validity

West Asia conflict scars begin to show on India Inc across sectors

With the war showing no signs of abating, the outlook for many sectors of India's industry is clouding over right now

Lemon Tree Hotels books long-term stay in West Asia despite conflict

Fleur Hotels demerger expected by April next year; tech bets to expand Keys brand

India's exports fell marginally in February; March could be 'challenging'

Imports surge led by gold, silver and electronics while exports dip marginally; Centre weighs relief measures as West Asia crisis disrupts logistics and raises shipping costs