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New Delhi: The ongoing geopolitical conflicts in West Asia are beginning to exert a measurable impact on India's aviation sector, affecting both airlines and airports through rising fuel costs, operational disruptions, and revenue uncertainties, according to an analysis by EY India. The report highlights that nearly 20 per cent of global jet fuel supply is linked to the Middle East, making the region critical for aviation economics. As a result, volatility in fuel prices has once again emerged ...Read More >
New Delhi: Debt-ridden Pakistan is facing a grim financial situation as it has to repay $3.5 billion to the United Arab Emirates this month. The repayment, confirmed by a senior cabinet minister during a press briefing, as reported by Pakistan's Express Tribune, comes at a time when Islamabad's foreign exchange reserves have fallen to abysmally low levels, raising concerns about the country's capacity to fulfil its external debt obligations. This financial burden has been intensified by the Uni ...Read More >
Kolkata: Kalyan Jewellers reported a consolidated revenue growth of around 64% in Q4 FY26 compared with the same quarter last year, the company said in a stock exchange filing. For the full year FY26, consolidated revenue rose approximately 42% over FY25. India operations saw revenue growth of over 65% in Q4 FY26, driven primarily by strong same-store sales growth (SSSG) across key markets. Both wedding and discretionary demand remained robust despite volatile gold prices, with SSSG exceeding 4 ...Read More >
New Delhi, Apr 7 (PTI) Kalyan Jewellers India Ltd reported 64 per cent jump in consolidated revenue for the fourth quarter of fiscal year 2025-26, buoyed by robust wedding and discretionary jewellery purchases even as gold prices remained volatile. The jewellery retailer had a revenue of Rs 6,222.35 crore in the same quarter a year earlier, a company statement said. For full fiscal year FY2026, consolidated revenue rose approximately 42 per cent from the prior year, when the company recorded a ...Read More >
Gold rates today: This week so far has been bearish for gold & silver prices because of two major consecutive drops. The 24 karat gold rate in Bangalore today fell after rallying last week, where the yellow metal added Rs. 26,000 per kg and jumped 192%. Similarly, the gold rate in Kerala today followed the pattern. "The recent movements in precious metals are largely influenced by rising crude oil prices, which surged 3.02% to $115.81 per barrel (Rs. 10,764), driven by geopolitical tensions, pa ...Read More >
Chennai (Tamil Nadu) [India], April 7 (ANI): 30 Indian fishermen arrived in Sri Lanka on Tuesday and made their way back home safely. 21 of them were from Ramanathapuram, while 9 others were from Karaikal The fishermen, hailing from Nagapattinam, Mayiladuthurai, and Karaikal regions, had ventured into the sea on February 15 in two boats for fishing. Also Read | Middle East Conflict: Iran Calls for Human Chains Around Power Plants As Donald Trump's Deadline Nears To Reopen Strait of Hormuz. Th ...Read More >
New Delhi: Gold prices in India have decreased for 24-carat and 22-carat gold in the last 24 hours amid the ongoing war in the Middle East. On April 07, 2026, the price of 24-carat gold was recorded at Rs 1,49,840 per 10 grams, and Rs 1,37,350 per 10 grams for 22-carat gold. The 18 Carat gold rate is recorded at Rs 1,12,380 per 10 grams over the last 24 hours. In Bhubaneswar, the price of the precious metal has decreased in the last 24 hours. Gold rate has been recorded at Rs 1,49,840 for 24- ...Read More >
She was speaking at an event organised by the NIPFP) here. ShowQuick Read Summary is AI-generated, newsroom-reviewed * India has fiscal space to support sectors hit by the West Asia crisis, says Sitharaman * She said RBI has room to cut interest rates amid global economic challenges * Monetary Policy Committee will announce interest rate stance on Wednesday, the minister said Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Finance Minister Nirmala Sitharaman on Mo ...Read More >
NEW DELHI, April 7 (Reuters) - India plans to roll out sovereign credit guarantees on loans worth $26.7 billion, aimed at supporting businesses, particularly small firms, affected by the Middle East crisis, two government sources said. Businesses, such as textile and glass makers, have been hit by disruptions to supply from the Middle East due to the U.S.-Israeli war with Iran. At the same time India, the world's third-largest oil importer, also faces the risk of rising inflation and slower gr ...Read More >
New Delhi, April 7 (SocialNews.XYZ) JPMorgan Chase CEO Jamie Dimon has said that geopolitical tensions, including wars in Ukraine and Iran, are the biggest risk facing the bank and the global economy, and urged a renewed commitment to core American values to navigate these uncertainties. The CEO warned about economic uncertainty from these tensions including their impacts on commodities as well as the industry-wide impact of artificial intelligence. "The challenges we all face are significant. ...Read More >
New Delhi: Air India CEO Campbell Wilson has resigned, a source with direct knowledge of the matter said on Tuesday, as the airline grapples with persistent losses and heightened regulatory scrutiny following a crash last year that killed 260 people. The news of his resignation comes just days after its bigger rival IndiGo tapped aviation industry veteran Willie Walsh as its next CEO, as the country's two largest carriers come under pressure to tackle a mounting industry crisis stemming from t ...Read More >
New Delhi [India], April 3 (ANI): India's fisheries sector has emerged as a major contributor to food security, employment, export earnings and sustainable livelihoods, backed by a record ₹39,272 crore investment by the Government of India since 2015. According to an official press release issued by the Ministry of Fisheries, Animal Husbandry & Dairying, the sector supports nearly 30 million fishers and fish farmers at the primary level and almost twice as many across the value chain. Ranked t ...Read More >
Trump made the remark when asked about securing Iran's oil at a White House briefing, citing US actions in Venezuela to support his point. Washington DC: United States President Donald Trump on Monday (local time) suggested that his country could take control of Iranian oil as the conflict in the Middle East intensifies, terming it a potential outcome of the war. He said, "If I had my choice, I'm a businessman first." The US President's remark came when a media person asked him about securing I ...Read More >
New Delhi: Among the top cities, Bengaluru led GCC leasing with a 48 per cent share, followed by Hyderabad at 19 per cent and Delhi-NCR at 14 per cent. "Across cities, we are seeing demand broaden both in terms of sectors and geographies," said Ram Chandnani, Managing Director, Leasing Services, India, CBRE. Global capability centres (GCCs) leasing in India reached a record 9.1 million square feet in the January-March period this year -- the highest quarterly GCC absorption on record, a report ...Read More >
BENGALURU: Oil prices extended gains on Tuesday as U.S. President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while U.S. West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain "hell" on Tehran if it fails to comply with his deadline of 8 p.m. EDT ...Read More >
NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the government's prudent fiscal management over the last decade has created room for the RBI to cut rates and allow the Centre to offer targeted support to affected sectors."It is also important to note that a good public finance policy improves the counter-cyclical capacity of fiscal policy - especially the ability to 'lean against the wind' in economic downturn. Today, many countries with high debt and large deficits have no room to ...Read More >
NEW DELHI - India has moved closer to producing its own nuclear fuel after a domestic-designed reactor began a controlled nuclear reaction, an important step before it can start generating power. Energy-hungry India, the world's most populous country and third-largest emitter of greenhouse gases, has ambitious plans to expand nuclear power capacity from its current eight to 100 gigawatts by 2047. Prime Minister Narendra Modi said the Prototype Fast Breeder Reactor at Kalpakkam attained "critic ...Read More >
NEW DELHI: Air India CEO Campbell Wilson has resigned, a source with direct knowledge of the matter said on Tuesday, as the airline grapples with persistent losses and heightened regulatory scrutiny following a crash last year that killed 260 people. The news of his resignation comes just days after its bigger rival IndiGo tapped aviation industry veteran Willie Walsh as its next CEO, as the country's two largest carriers come under pressure to tackle a mounting industry crisis stemming from th ...Read More >
Indian High Commissioner to Bangladesh met Bangladesh PM in Dhaka. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Indian High Commissioner Pranay Verma met Bangladesh PM Tarique Rahman in Dhaka on April 6, 2026 * Bangladesh Foreign Minister Khalilur Rahman will visit India before attending the Indian Ocean Conference * Discussions focused on bilateral cooperation aligned with national development priorities of both countries Did our AI summary help? Let us know. Switch To Be ...Read More >
Hyderabad (Telangana) [India], April 7 (ANI): BJP spokesperson NV Subhash on Tuesday slammed Congress MP Priyanka Gandhi Vadra, saying she was shedding "crocodile tears" for people of Keralam living in the Gulf region amid the West Asia conflict. Speaking to ANI, NV Subhash called Priyanka Gandhi's speech in Keralam an attempt to garner votes in the 2026 Keralam Assembly election. He also lauded the Prime Minister Narendra Modi-led government's diplomacy for bringing back several Indians stuck ...Read More >
Dehradun (Uttarakhand) [India], April 7 (ANI): Pankaj Gupta, President of the Industries Association Uttarakhand (IAU), said on Tuesday that industries in Uttarakhand are facing rising input costs and disruptions in exports due to the ongoing conflict in the Middle East. Speaking exclusively to ANI, Gupta said that the situation is affecting both supply chains and production costs. "The ongoing war in the Middle East is impacting both supply and input costs. On the input side, costs have increa ...Read More >
Mumbai: A stable consumption environment and improving macro conditions helped Godrej Consumer Products sustain growth momentum in the March quarter, even as commodity volatility began to resurface. Godrej Consumer Products reported steady demand conditions in India during Q4 FY26, with consumer sentiment remaining stable across the FMCG sector. The normalization of trade channels following GST-related transitions and easing food inflation supported consumption. Against this backdrop, the stand ...Read More >
Mumbai: Jewellery demand remained resilient despite volatile gold prices, helping Kalyan Jewellers close FY2026 on a high note with strong growth across India and overseas markets. Kalyan Jewellers' India operations led the growth momentum, delivering revenue growth exceeding 65 percent in Q4 compared to the same period last year. The company attributed this to strong same-store-sales growth of over 45 percent across key markets. Wedding purchases and discretionary spending stayed firm despite ...Read More >
BENGALURU, - Oil prices extended gains on Tuesday as U.S. President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while U.S. West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain "hell" on Tehran if it fails to comply with his deadline of 8 p.m. ...Read More >
NEW DELHI, April 7 (Xinhua) -- Amid supply disruptions in the wake of the situation in the Middle East, India has floated a global tender seeking to import 2.5 million metric tons of urea, officials said Monday. The state-run Indian Potash Limited has already issued a tender in this regard, with bids due by April 15. India relies on global markets to meet its demand for urea. The demand for the key crop nutrient is expected to increase as the monsoon sets in and the summer-sowing season begins ...Read More >
BENGALURU, April 7 (Reuters) - Oil prices extended gains on Tuesday as U.S. President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while U.S. West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain "hell" on Tehran if it fails to comply with his dea ...Read More >
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Dhaka: Barely a month and a half after Tarique Rahman's Bangladesh Nationalist Party (BNP) assumed office, the world is witnessing turbulence over the Iran war. Bangladesh, like many other countries, is also facing problems in getting enough fuel because of the unrest. It is putting pressure on the new government. To address these challenges, Prime Minister's Foreign Affairs Advisor Humayun Kabir recently toured Middle Eastern countries with an aim to strengthen Bangladesh's ties in the region ...Read More >
* March job gains surpass expectations, unemployment rate dips * ISM non-manufacturing PMI decelerates, prices paid hit 3-1/2-year high * Soleno Therapeutics surges on Neurocrine's $2.9 bln buyout deal (Updates to market close) By Stephen Culp and Purvi Agarwal April 6 (Reuters) - U.S. stocks advanced on Monday as investors looked for signs of progress toward a U.S.-Iran ceasefire deal and evaluated President Donald Trump's progressively heated threats of escalation should Iran fail to reope ...Read More >
New Delhi, April 6: Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said, it improves the counter-cyclical capacity , especially the ability to 'lean against the wind' ...Read More >
New Delhi: India has issued a global tender for the import of 2.5 million tonnes of urea to bolster the reserves of the most-used soil nutrient ahead of the main planting season that begins in June. Indian Potash Ltd (IPL) issued the tender for bulk import of granular and prilled urea. It must be loaded onto a ship that must depart the export location before June 14, according to the tender issued on April 4. Urea imports in India are handled through a structured electronic bidding process run ...Read More >
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