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New Delhi: As the West Asia crisis reaches a critical flashpoint following Washington's ultimatum to Tehran, India on Tuesday advised its nationals in Iran to stay wherever they are for the next 48 hours. In an urgent advisory, the Indian embassy in Iran urged Indians to remain indoors and strictly avoid military installations, power infrastructure and the upper floors of multi-story buildings. US President Donald Trump warned that a "whole civilisation will die tonight" if Iran does not meet h ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): The Securities and Exchange Board of India on Tuesday announced a series of one-time relaxations for listed entities and issuers in view of market volatility arising from ongoing geopolitical tensions in the Middle East. In a circular, SEBI said it has provided relief from penal provisions related to non-compliance with Minimum Public Shareholding (MPS) requirements for a specified period. Also Read | Toyota To Launch 6 New SUVs, MPVs in India by 20 ...Read More >
New Delhi: Amid a tense global scenario, Foreign Secretary Vikram Misri has landed in United States for a three-day visit to Washington DC that begins on Wednesday to review bilateral trade and defence ties, and discuss the escalating crisis in West Asia. The Ministry of External Affairs (MEA) said Mr Misri's April 8-10 trip will provide an opportunity to review the full spectrum of India-United States bilateral relations and advance ongoing cooperation across key areas. During the visit, the ...Read More >
New Delhi [India], April 7 (ANI): The Reserve Bank of India (RBI) is likely to maintain a status quo on interest rates in its upcoming policy, even as geopolitical risks rise, with GDP growth expected to face a potential impact of 0.5 to 1 per cent, said Ranen Banerjee, Partner and Economic Advisory Leader at PwC India. Also Read | Usman Khawaja Spots Lionel Messi Lookalike in Pakistan (Watch Video). Speaking to ANI ahead of the policy announcement, Banerjee said that monetary policy action ma ...Read More >
New Delhi- As the West Asia crisis reaches a critical flashpoint following Washington's ultimatum to Tehran, India on Tuesday advised its nationals in Iran to stay wherever they are for the next 48 hours. In an urgent advisory, the Indian embassy in Iran urged Indians to remain indoors and strictly avoid military installations, power infrastructure and the upper floors of multi-story buildings. US President Donald Trump warned that a "whole civilisation will die tonight" if Iran does not meet ...Read More >
Mumbai, Apr 7 (PTI) Airlines' grouping Federation of Indian Airlines (FIA) has sought the Centre's help in removal of restrictions of one rotation a day imposed on foreign carriers by Dubai Airport Authorities. In a communication to Civil Aviation Secretary last week, FIA, which represents Air India, IndiGo, and SpiceJet, said continuation of such restrictions on Indian carriers is already leading to anti-competitive market conditions and substantial revenue losses, among others. "As per the s ...Read More >
New Delhi, Apr 7 (PTI) As the West Asia crisis reaches a critical flashpoint following Washington's ultimatum to Tehran, India on Tuesday advised its nationals in Iran to stay wherever they are for the next 48 hours. In an urgent advisory, the Indian embassy in Iran urged Indians to remain indoors and strictly avoid military installations, power infrastructure and the upper floors of multi-story buildings. US President Donald Trump warned that a "whole civilisation will die tonight" if Iran do ...Read More >
Bhopal, April 7 (SocialNews.XYZ) The Cabinet Committee of Madhya Pradesh, constituted to assess the impact of global developments and the evolving situation in West Asia, reviewed the availability and supply status of key petroleum products, including petrol, diesel, liquefied petroleum gas (LPG), compressed natural gas (CNG), and piped natural gas (PNG) on Tuesday. During the review meeting, officials were instructed to ensure the adequate availability of commercial LPG cylinders at both distr ...Read More >
New Delhi: Amid ongoing tensions in West Asia, markets regulator Sebi on Tuesday extended the validity of IPO approvals till September 30 and granted one-time relaxation to entities not complying with minimum public shareholding (MPS) norms. The move is expected to benefit several companies that had deferred or recalibrated their public issue plans due to volatile market conditions. In separate circulars, Sebi said observation letters expiring between April 1, 2026 and September 30, 2026, will ...Read More >
New Delhi [India], April 7 (ANI): The Federation of Indian Airlines (FIA), representing the country's leading scheduled carriers, Air India, IndiGo, and SpiceJet, urged the Ministry of Civil Aviation (MoCA) to initiate calibrated and reciprocal action against the temporary foreign aircraft caps imposed by UAE authorities at DXB (Dubai International) airport. This appeal comes amid the ongoing West Asia crisis, as the FIA seeks to address the competitive disadvantage faced by Indian airlines due ...Read More >
New Delhi, Apr 7 (PTI) The government has doubled the daily quota of market-priced 5-kg LPG cylinders for migrant workers as part of a broader push to stabilise fuel supplies amid disruptions linked to tensions around the Strait of Hormuz. Unlike the subsidised 14.2-kg cylinders that are used in household kitchens for cooking, the 5-kg bottles are priced at market rates. A 5-kg cylinder costs Rs 549 in Delhi as against the Rs 913 price for a 14.2-kg domestic cylinder. The 5-kg cylinders are av ...Read More >
Govt is likely to roll out a Rs 2.5-lakh-cr credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis The central government is likely to roll out a Rs 2.5-lakh-crore credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis, Moneycontrol.com reported, citing two government officials. The proposed scheme will expand the existing Emergency Credit Line Guarantee Scheme (ECLGS) framework, which was introduced in 2020 to a ...Read More >
New Delhi [India], April 7 (ANI): The Reserve Bank of India (RBI) is likely to maintain a status quo on interest rates in its upcoming policy, even as geopolitical risks rise, with GDP growth expected to face a potential impact of 0.5 to 1 per cent, said Ranen Banerjee, Partner and Economic Advisory Leader at PwC India. Speaking to ANI ahead of the policy announcement, Banerjee said that monetary policy action may not be effective in addressing the current challenges arising from the ongoing We ...Read More >
DEHRADUN: Amid rising global geopolitical uncertainty following recent tensions in West Asia, officials have urged citizens in Uttarakhand to avoid panic-booking of LPG cylinders. Addressing concerns over supply chain disruptions, the state-level coordinator for the oil industry and Divisional Retail Sales Head of Indian Oil Corporation Ltd (IOCL), Krishna Kumar Gupta, reassured residents that fuel supplies remain stable and sufficient. During a press briefing held at the Press Information Bur ...Read More >
New Delhi, Apr 7 (PTI) Food Secretary Sanjeev Chopra on Tuesday said there is no proposal to ban sugar exports to boost domestic supply and that the government is considering industry's demand to increase minimum selling price of sweetener. The secretary said sugar prices have remained stable and rates are unlikely to jump going forward because of sufficient domestic supply. He also informed that a committee of government officials has been set up to consider ways to utilise the surplus manufa ...Read More >
New Delhi, Apr 7 (PTI) Silver prices declined by Rs 2,000 to Rs 2.40 lakh per kilogram, while gold slipped to Rs 1.53 lakh per 10 grams in the national capital on Tuesday as investors turned cautious ahead of US President Donald Trump's deadline to Iran for reopening the Strait of Hormuz. According to the All India Sarafa Association, the white metal depreciated by Rs 2,000, or nearly 1 per cent, to Rs 2,40,000 per kilogram (inclusive of all taxes) from Monday's closing level of Rs 2,42,000 per ...Read More >
New Delhi [India], April 7 (ANI): The government may cap sugar exports if the approved quota is not fully utilised, with surplus supplies likely to be diverted towards ethanol or carried forward as stock, Sanjeev Chopra, Secretary, Department of Food and Public Distribution, said today. "If it is not exported, then the export will be capped so that it can be diverted towards Ethanol," Chopra said on the sidelines of the ISMA SugarNXT 2026, adding, "If it is not exported, then it will remain wit ...Read More >
New Delhi: Since the US-Israel and Iran war began on February 28, 2026, Indian airlines have cancelled over 10,000 flights. The flights were cancelled due to the West Asia conflict escalations and airspace restrictions. Due to the war, several airspace have been closed, forcing airlines to suspend or reroute services, particularly on long-haul routes to Europe and North America. "On an average, Indian carriers used to fly about 300 to 350 flights daily to the Middle East (both ways put together ...Read More >
New Delhi [India], April 7 (ANI): The ongoing West Asia conflict has put significant pressure on India's aviation sector by impacting airline revenues and increasing operational costs, Civil Aviation Ministry Joint Secretary Asangba Chuba Ao said on Tuesday. Speaking during an inter-ministerial briefing on recent developments in West Asia, Ao said airlines are facing a two-fold challenge due to the crisis, which began over a month ago. Also Read | UCLA's Tiana Sumanasekera Viral Bollywood Rout ...Read More >
New Delhi: The government on Tuesday said that over 10,000 flights by Indian carriers to West Asia have been cancelled since the war broke out in the region. The move of the government comes at a time when widespread closures of key transit corridors have forced airlines to suspend or reroute services, particularly on long-haul routes to Europe and North America, according to a senior civil aviation ministry. "On average, Indian carriers used to fly about 300 to 350 flights daily to the Middle ...Read More >
Mumbai, Apr 7 (PTI) Finance industry veteran Uday Kotak on Tuesday cautioned that the West Asia conflict triggered by the US-Israel attack on Iran portends a return of colonialism. Kotak, a non-independent director and founder of private sector lender Kotak Mahindra Bank, said this phase was last seen in the early years of the 20th century. "We are at a very important cusp of what I call as return of global colonialism, something which Federation of Indian Chambers of Commerce and Industry (FI ...Read More >
New Delhi: India has decided to import crude oil from Venezuela after a gap of around 11 months. In April, Indian ports are expected to receive about 10 to 12 million barrels of crude oil from the South American country. This comes at a time when global energy markets are facing uncertainty. Move Driven By Supply Concerns The decision comes as tensions in West Asia, especially around the Strait of Hormuz, have disrupted oil supplies. India is now looking at alternative sources to ensure steady ...Read More >
New Delhi [India], April 7 (ANI): The Ministry of Petroleum & Natural Gas on Tuesday has directed state governments and union territories to double the daily supply of 5kg Free Trade LPG (FTL) cylinders available for migrant labourers. The directive comes after an assessment of average daily supply during March 2-3, 2026, exceeding the 20% limit previously set in a March 21, 2026, communication. In a letter to all Chief Secretaries, Neeraj Mittal, Secretary of the Ministry, emphasised that the ...Read More >
Thiruvananthapuram, April 7 (SocialNews.XYZ) Senior Congress leader Shashi Tharoor expressed strong confidence in the United Democratic Front's (UDF) prospects in the Kerala elections, projecting a clear victory for the alliance while downplaying the Bharatiya Janata Party's (BJP) impact in the state. In an extensive interaction with IANS, he also shared his views on Prime Minister Narendra Modi's campaign, governance issues, key national policy debates, and India's diplomatic approach to globa ...Read More >
New Delhi [India], April 7 (ANI): The government may cap sugar exports if the approved quota is not fully utilised, with surplus supplies likely to be diverted towards ethanol or carried forward as stock, Sanjeev Chopra, Secretary, Department of Food and Public Distribution, said today. "If it is not exported, then the export will be capped so that it can be diverted towards Ethanol," Chopra said on the sidelines of the ISMA SugarNXT 2026, adding, "If it is not exported, then it will remain wit ...Read More >
New Delhi [India], April 7 (ANI): The ongoing West Asia conflict has put significant pressure on India's aviation sector by impacting airline revenues and increasing operational costs, Civil Aviation Ministry Joint Secretary Asangba Chuba Ao said on Tuesday. Speaking during an inter-ministerial briefing on recent developments in West Asia, Ao said airlines are facing a two-fold challenge due to the crisis, which began over a month ago. "50 per cent of all international operations by Indian car ...Read More >
New Delhi [India], April 7 (ANI): The Ministry of External Affairs (MEA) on Tuesday said it has facilitated the movement of thousands of Indian nationals from West Asia, amid the ongoing conflict. Addressing an inter-ministerial press briefing, Additional Secretary (Gulf) Aseem R Mahajan said, " Our embassy in Tehran has so far facilitated the movement of 1862 Indian nationals from Iran to Armenia and Azerbaijan for onward travel to India. This includes 935 Indian students and 472 Indian fisher ...Read More >
New Delhi [India], April 7 (ANI): Addressing the recent developments in the West Asia crisis, Sujata Sharma, Joint Secretary in the Ministry of Petroleum & Natural Gas, denied any shortage of LPG in India, asserting that no "dryout" has been reported at petrol pumps across the country. She further noted that 6,500 tonnes of commercial LPG were sold yesterday to meet the ongoing demand for the fuel. Speaking at the Inter-Ministerial briefing on recent developments in West Asia, the Joint Secreta ...Read More >
New Delhi: The Ministry of External Affairs (MEA) on Tuesday said it has facilitated the movement of thousands of Indian nationals from West Asia, amid the ongoing conflict. Addressing an inter-ministerial press briefing, Additional Secretary (Gulf) Aseem R Mahajan said, " Our embassy in Tehran has so far facilitated the movement of 1862 Indian nationals from Iran to Armenia and Azerbaijan for onward travel to India. This includes 935 Indian students and 472 Indian fishermen." ...Read More >
New Delhi, Apr 7 (PTI) Indian carriers have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said. The widespread closures of key transit corridors forced airlines to suspend or reroute services, particularly on long-haul routes to Europe and North America. "On an average, Indian carriers used to fly about 300 to 350 flights daily to the Middle East (both wa ...Read More >
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