Page 48 - West Asia

Gold, silver ETFs rise up to 6% on early signs of easing West Asia crisis

Gold April futures on the MCX traded higher by 3.78 per cent at ₹1,44,370 per 10 gm, while silver May futures gained 5.54 per cent to ₹2,36,338 per kg

Oil falls over 5%, Asian shares gain over Trump's talk of Iran negotiations

Oil prices fell more than 5 per cent and Asian shares gained on Wednesday over possibilities of a de-escalation of the Iran war and negotiations between the United States and Iran. Tokyo's Nikkei 225 was up 2.8 per cent to 53,721.30 in early trading. South Korea's Kospi gained 3.1 per cent to 5,728.22. Hong Kong's Hang Seng rose 1.2 per cent to 25,374.95, while the Shanghai Composite index was 0.9 per cent higher at 3,914.09. Australia's S&P/ASX 200 climbed 2.2 per cent. Taiwan's Taiex was up 3 per cent. The administration of US President Donald Trump is said to have offered a 15-point ceasefire plan to Iran. Trump's claims of progress being made from talks with Iran this week and his postponement on Monday of a deadline to "obliterate" Iran's power plants over the reopening of the Strait of Hormuz have also fuelled optimism that an end to the Iran war could come soon. With the Strait of Hormuz being a key waterway for crude oil and liquefied natural gas transport, oil and gas ..

Nations race to secure enough fertiliser, prevent food crisis amid Iran war

Top exporters China and Russia are curbing some crop nutrient sales, while the US is loosening shipping restrictions . India, the largest urea buyer, is scrambling for supply

What is the 15-point plan given by US to Iran to end the West Asia war?

The US has proposed a 15-point ceasefire plan to Iran, addressing nuclear and missile programmes and Strait of Hormuz access, even as the ongoing war continues into the fourth week

We have won this, militarily they are 'dead': Trump on West Asia war

Trump said, We're in negotiations right now. I can tell you, they'd like to make a deal. Look, their navy's gone, their air force is gone, their communications are gone

US to send around 1,000 troops from 82nd Airborne Division to West Asia

The American military is preparing to deploy around 1,000 troops from the 82nd Airborne Division to the Middle East, a person with knowledge of the plans told The Associated Press. The troops are to be sent in the coming days, the person said. The unit is considered the Army's emergency response force and can typically be deployed on short notice. The force would include a battalion of the 1st Brigade Combat Team as well as Maj. Gen. Brandon Tegtmeier, the division's commander, and division staff, according to the person, who spoke on condition of anonymity to discuss sensitive military plans. It's the latest addition of American troops after US officials last week said thousands of Marines aboard several Navy ships will be heading to the region. While the Marine units are trained in missions that include supporting US embassies, evacuating civilians and disaster relief, the soldiers of 82nd Airborne are trained to parachute into hostile or contested territory to secure key territo

Never in history, Iran's military been so rapidly obliterated: US war secy

Hegseth, while speaking at the Swearing-In Ceremony for the Secretary of Homeland Security, said that it was the first time in history that Iran's military had been so obliterated

Iran fires missiles at Israel as Trump insists talks are progressing

President Donald Trump says the United States is in talks with Tehran to end the war, even as both sides kept up intense barrages and Iran denied negotiations were underway. The Islamic Republic fired a dozen missile salvos at Israel on Tuesday and rocket attacks by Lebanese militants killed a woman - the first death in Israel by fire from Lebanon during the war. Israel said it carried out an extensive series of strikes on Iranian "production sites" without providing details. Although the volume of Iranian missiles fired at Israel has decreased, Tehran has kept up and indeed increased the pace of its launches, sending millions of Israelis into shelters multiple times a day. Recent failed interceptions have caused deaths and injuries. Trump has delayed his self-imposed deadline for Iran to reopen the Strait of Hormuz. The near-total closure of the crucial waterway has sent fuel prices skyrocketing and threatened the world economy. US stocks swung between losses and gains on Tuesday

West Asia conflict: Crude oil price remains high as attacks continue

Crude prices stayed near $100 per barrel amid ongoing West Asia tensions, while India denied reports of paying Iran for tanker passage through the Strait of Hormuz

Datanomics: India's gems and jewellery export growth flat in FY26

Nearly half of the pearls and precious stones coming to India were imported from UAE in FY26 (till Jan). The UAE also supplied around 23% of India's gold imports in the same period

PM Narendra Modi, Donald Trump stress 'open and secure' Strait of Hormuz

PM speaks with US President, Jaishankar meets Iran envoy as Centre forms seven groups to manage risks to energy, trade and supply chains amid escalating West Asia conflict

Soft landing for aviation insurance premiums amid benign loss trends

Aviation insurance rates have softened due to excess reinsurance capacity and lower global losses, though geopolitical risks continue to influence underwriting conditions

War has limited direct impact on our biz: TVS SCS MD Ravi Viswanathan

TVS Supply Chain Solutions sees limited direct impact from the West Asia crisis, with stable volumes and a strong growth outlook ahead.

Mkts rebound as US pauses Iran strikes; gains capped as oil recoups losses

Indian equities rallied after the US delayed strikes on Iran, but gains were capped by elevated oil prices and continued uncertainty around the conflict

West Asia conflict: Small firms face big strain from energy and cost shocks

Rising gas prices, disrupted routes threaten MSME margins and output: CII

An opportunity in a crisis: Oil import dependence needs urgent policy fix

The ongoing oil crisis risks becoming a lost opportunity unless the government outlines a clear plan to reform exploration policies and boost India's domestic crude oil output

Low hopes, sharp divides: WTO conference points to continuity outcome

Expectations this time are low for an institution that governs 98 per cent of global trade, worth over $35 trillion, due to a deep divide over its direction

Fallout of West Asia war: India must prepare to minimise the damage

The war is in its fourth week and has already affected several countries, including India. The impact is being felt through different channels, though macro indicators may not capture everything

West Asia conflict likely to dent Q4 earnings of listed hotel majors

Geopolitical tensions may hit foreign tourist inflows, affecting occupancies and room rates even as domestic demand stays resilient; outlook hinges on conflict duration

LPG crisis: HungerBox invests ₹3.5 crore in shift to electric cooking

HungerBox has invested Rs 3.5 crore in electric cooking systems to tackle LPG shortages and support food partners, ensuring continuity amid supply disruptions