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The Sensex fell 1,456 points on Tuesday and the Nifty closed at 23,379, driven by the Iran-US deadlock, rising crude oil prices, and the rupee sliding to 95.63 against the dollar. The combination raises import costs, pressures corporate margins, and could trigger further foreign investor outflows.
Indian banks have activated contingency plans and moved some staff and wholesale operations back to India amid the Iran-US conflict. The shift raises near-term concerns for trade finance and remittance flows through a region critical to India's foreign exchange earnings.
LPG under-recoveries at Indian oil marketing companies could reach Rs 80,000 crore by FY2027, driven by West Asia supply disruptions and elevated global prices, per ICRA. The fertiliser, chemical, and gas sectors face added margin pressure from the same cost cycle. How much subsidy the government commits will determine
India's Ministry of External Affairs welcomed the Israel-Lebanon ceasefire announced by President Trump, with spokesperson Randhir Jaiswal affirming support for any measure that ends hostilities in West Asia. The statement reflects India's calibrated approach to Middle East diplomacy, maintaining ties across competing
Pakistan is mobilizing 10,000 police and staging the Serena Hotel for a second round of US-Iran talks, with Islamabad actively promoting itself as a neutral mediator. A durable agreement could reshape sanctions regimes and oil market dynamics with broad emerging-market consequences.
PM Narendra Modi and Austrian Chancellor Karl Nehammer agreed that military conflict cannot resolve the crises in Ukraine and West Asia following bilateral talks in Vienna. The joint position reinforces India's non-aligned diplomatic posture and gains added weight through Austria's own tradition of neutrality within th
Tag
The Sensex fell 1,456 points on Tuesday and the Nifty closed at 23,379, driven by the Iran-US deadlock, rising crude oil prices, and the rupee sliding to 95.63 against the dollar. The combination raises import costs, pressures corporate margins, and could trigger further foreign investor outflows.
1mo ago · 3 min · Markets
Indian banks have activated contingency plans and moved some staff and wholesale operations back to India amid the Iran-US conflict. The shift raises near-term concerns for trade finance and remittance flows through a region critical to India's foreign exchange earnings.
1mo ago · 2 min · Business
LPG under-recoveries at Indian oil marketing companies could reach Rs 80,000 crore by FY2027, driven by West Asia supply disruptions and elevated global prices, per ICRA. The fertiliser, chemical, and gas sectors face added margin pressure from the same cost cycle. How much subsidy the government commits will determine
2mo ago · 1 min · Markets
India's Ministry of External Affairs welcomed the Israel-Lebanon ceasefire announced by President Trump, with spokesperson Randhir Jaiswal affirming support for any measure that ends hostilities in West Asia. The statement reflects India's calibrated approach to Middle East diplomacy, maintaining ties across competing
2mo ago · 1 min · Global Affairs
Pakistan is mobilizing 10,000 police and staging the Serena Hotel for a second round of US-Iran talks, with Islamabad actively promoting itself as a neutral mediator. A durable agreement could reshape sanctions regimes and oil market dynamics with broad emerging-market consequences.
2mo ago · 1 min · Global Affairs
PM Narendra Modi and Austrian Chancellor Karl Nehammer agreed that military conflict cannot resolve the crises in Ukraine and West Asia following bilateral talks in Vienna. The joint position reinforces India's non-aligned diplomatic posture and gains added weight through Austria's own tradition of neutrality within th
2mo ago · 1 min · Global Affairs
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