Page 9 - West Asia

Trump says Iran peace deal '2-3 days away' amid friction with Netanyahu

Donald Trump said negotiations with Iran were in their 'final throes', even as differences with Netanyahu surfaced over Israel's military actions in Lebanon

Epic stalemate: US-Israel war on Iran hasn't achieved any of its objectives

Key global market indices around the world have plummeted; India alone has lost trillions in investor wealth with a steadily weakening rupee

Why India is worried about gold imports & what it means for you | West Asia war | Foreign exchange

India has raised import tariffs on gold and silver to 15 per cent from 6 per cent, as part of efforts to curb overseas purchases of the metals

Centre has coal reserves for 80 days of power generation: Kishan Reddy

Union Minister G Kishan Reddy on Monday said that the Centre has adequate coal reserves to meet the requirements of power generation for 80 days. Speaking to reporters about the achievements of the NDA government since 2014, Reddy also said that exploration has begun in the critical mineral blocks acquired in Argentina, and production should commence as early as possible. "Earlier, there used to be a shortage of coal. Now, the Government of India has coal reserves sufficient for 80 days of power generation. Since the monsoon season has begun, coal production could face disruptions due to heavy rainfall," the union coal and mines minister told reporters here. "Following the directives of Prime Minister Narendra Modi, we have maintained coal reserves for 80 days," he added. Highlighting the importance of critical minerals, Reddy said that the Centre is identifying critical mineral reserves and undertaking exploration activities. He added that auctions have also begun in areas where

Uday Kotak asks India, India Inc to prepare for shocks from West Asian crisis | US-Iran war

Uday Kotak, founder and director of Kotak Bank, cautioned against incoming “shocks” from higher global fuel prices hitting consumers as an aftermath of the West Asian conflict

Demand woes may pull hotel occupancies down amid West Asia crisis

Analysts expect room rates to improve in the upcoming quarters as the impact of the West Asia crisis may normalise

Scheme to build bulk drugs' R&D, capacity in works, says Pharma secy

India plans a new support scheme for bulk drugs focused on R&D and capacity creation, while ruling out a broad medicine price hike despite rising input costs

India's green hydrogen market at an inflexion point: IFC exec Fakhoury

India's green hydrogen sector has reached a tipping point, says IFC, as improving economics, policy support and rising industrial demand drive market growth

A growth surprise: Healthy Q4 GDP print lends cushion amid hazy outlook

India's economy grew 7.8% in Q4 FY26, beating forecasts, but risks from the West Asia crisis, higher oil prices and a weak monsoon cloud the outlook

Trump says he would not unfreeze Iran's assets before peace deal is done

Trump says sanctions relief and access to frozen assets will come only after a peace deal with Iran, while signalling openness to talks with its leadership

India seeks a more 'vibrant' Colombo Security Conclave as China looms

Beijing has convened the China-Indian Ocean Forum since 2021. India is not a member of the forum

US intel warns Israel 'spied' on US officials during Iran peace push

The Defence Department has increased the counterintelligence threat assessment to its highest level, and Israel is believed to have eavesdropped on American negotiations with Iran

IATA expects sharp profit drop citing West Asia crisis led fuel price hikes

IATA has halved its 2026 airline profit forecast as soaring fuel costs and disruptions from the Iran conflict weigh heavily on the global aviation industry

US likely to use Iranian assets to help Gulf allies recover from war

US Treasury Secretary Scott Bessent has also directed a team to assess costs for damage already inflicted on Gulf allies by Iran

Demand, fares may support H2 cash flow despite fuel shock: Alaska Air

Chief Financial Officer Shane Tackett said fuel markets had become less volatile in recent weeks, but prices were still moving by about 5% over a couple of days

RBI, govt charm offensive may draw up to $50 billion global flows

Bond tax exemption, easier access for foreign funds may help cover FY27 BoP gap

A monetary policy beyond rates: Why RBI's latest moves matter more

Most importantly, the slew of reforms announced in today's meeting to support the rupee augurs well for the economy and markets while keeping the growth momentum sacrosanct

Parliamentary panel flags weak private investment, FPI outflows

Parliamentary committee raises concerns over weak private investment, foreign capital outflows and global economic headwinds

Fuel supplies stable, 2,557 Indians moved out of Iran amid West Asia crisis

Government says energy supplies, aviation services and maritime operations remain stable as evacuation efforts continue and Gulf connectivity gradually improves

Need of hour is to use petro products with restraint, says PM Modi

Prime Minister Narendra Modi on Sunday said that the need of the hour, in the wake of the West Asia crisis, is to use petro products with restraint. Speaking at an event here where he virtually laid the foundation stone and inaugurated development projects worth around Rs 9,400 crore in Telangana, he said the imported petro products should be used only as per need, as it will not only save foreign exchange but also reduce the adverse impact of war. Observing that, over the past few years, India has reached a spot among the top countries in the world in terms of solar power, he said, unprecedented work has been done in ethanol blending in petrol. First, the government is focused on 100 per cent LPG coverage, and now, it is focused on the supply of piped gas economically. The government is also promoting a CNG-based system. Due to all these efforts, India is dealing with the major energy crisis in the world, he said. "But, today, the need of the hour is also to use petrol, gas, dies