The West Asia conflict is severely impacting India's economy, causing massive FPI outflows, rising oil and LPG prices, and declining coal imports, with inflation and growth risks looming.
Indo-Tibet trade through Shipki La pass in Kinnaur, Himachal Pradesh, set to restart in June after a COVID-19 suspension. Minister Jagat Singh Negi highlights economic benefits and calls for road development to boost tourism and commerce.
The MT Aqua Titan, a Russian oil tanker chartered by MRPL, is anchored off Mangalore, with US LPG shipments also arriving. This occurs as India prioritizes energy security amid escalating geopolitical tensions in the Strait of Hormuz, a key global oil cho
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Sri Lanka raises fuel prices by around 25%, the second increase in a week, driven by Middle East tensions disrupting global energy markets. The hike sparks transport operator protests and inflation concerns.
Paragon Footwear has strategically expanded beyond its core market by acquiring Eeken, reporting revenues of Rs 1,652.1 crore and a net profit of Rs 35.4 crore in FY25, as per Tracxn data.
The Indian government has directed faster processing of city gas projects and increased commercial LPG allocation to ease supply stress, while advising major urban consumers to shift to PNG.
Dubai's RTA awards contract for Phase 1 of Dubai Walk Master Plan, featuring a 12km pedestrian walkway connecting historic sites to transport networks with cycling tracks and artistic spaces.
Sebi's board will meet Monday to discuss easing fund settlement for foreign portfolio investors and overhauling governance rules for market intermediaries, aiming to reduce costs and enhance transparency.
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The MT Aqua Titan, carrying Russian oil for MRPL, has anchored off Mangaluru, Karnataka, as global energy markets face volatility due to West Asia conflict and supply chain disruptions.
Saudi Arabia's Mawani authority introduces a new initiative to provide integrated services for ships in the Eastern Region, aiming to streamline operations and strengthen supply chains during regional disruptions.
Prime Minister Narendra Modi chaired a high-level meeting on petroleum, power, and fertiliser sectors as Iran-Israel tensions escalate. Iranian threats to regional oil facilities and FPI outflows of Rs 88,180 crore in March highlight economic risks.
The government has directed faster processing of city gas projects and increased commercial LPG allocations to key sectors like restaurants and hospitals, while maintaining stable domestic supply amid global uncertainties.
Traditional Indo-Tibet trade, suspended since 2020 due to Covid, will restart via Shipki La pass in Kinnaur district from June, boosting commerce and employment in the region.
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Union Minister G Kishan Reddy will inaugurate the two-day National District Mineral Foundation Summit in New Delhi, focusing on effective fund utilisation in ADP and ABP areas for sustainable development.
Vedanta Group has filed an appeal with NCLAT against the NCLT's approval of Adani Enterprises' Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd, intensifying the corporate takeover battle.
After nearly two decades in the United States working at companies like Meta and Amazon, Nithin Hassan returned to Bengaluru in 2023 to build consumer brands and mentorship platforms, leveraging his extensive tech experience.
Explore Azim Premji's ₹350 crore minimalist villa in Bengaluru's Whitefield, blending traditional Indian architecture with modern eco-friendly designs for a sustainable luxury retreat.
The UAE real estate sector begins 2026 robustly with high demand for residential and commercial properties, per a UBS report. Major developers like Emaar and Aldar show record backlogs, though Dubai faces oversupply risks.
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The Indian government will launch the seventh tranche of critical mineral auctions on Monday, offering 19 blocks across multiple states to strengthen domestic resource security amid global supply chain challenges.
Chennai's mega infrastructure push is reshaping commutes with major flyover transformations at Madhya Kailash and T Nagar, improving traffic flow while raising concerns about construction quality and pedestrian safety.
The Indian government is reportedly exploring an Offer for Sale (OFS) mechanism to increase the public shareholding in IDBI Bank, aiming to meet regulatory norms and potentially raise funds for disinvestment targets.
Urea production at Indian plants has dropped by 50% due to reduced gas supplies from the West Asia conflict, while energy consumption at these facilities has surged by 40%, impacting fertilizer availability.
Last week's market bloodbath erased over Rs 1 lakh crore from five top-10 firms, with HDFC Bank hit hardest. While Reliance, Bharti Airtel gained, broader indices ended flat amid global uncertainty.
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Andhra Pradesh Chief Minister N. Chandrababu Naidu and Union Ministers will lay the foundation stone for ArcelorMittal Nippon Steel's massive steel plant on March 23. The project involves Rs 1.36 lakh crore investment and will generate around 1 lakh jobs.
The LPG tanker Pyxis Pioneer has arrived at New Mangalore Port from Texas, with another vessel, Apollo Ocean, scheduled to deliver 26,687 tonnes of LPG for Indian Oil Corporation on March 25.
Indian companies face shipment delays and raw material shortages due to the West Asia conflict, says CII. The industry body highlights downstream effects on manufacturing and energy markets, but notes India's resilience from reforms.
The ongoing Middle East conflict enters its fourth week, creating volatility in global stock markets. Investors brace for a holiday-shortened week with focus on crude oil prices, foreign flows, and domestic data.
The Confederation of Indian Industry reports shipment delays and raw material shortages in India due to Middle East conflict, impacting global trade-dependent sectors, but notes resilience from reforms.
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The Confederation of Indian Industry (CII) warns that the West Asia conflict is causing shipment delays and raw material shortages for Indian companies, prompting adaptations like energy diversification and supply chain optimization.
