Shares of Indian airlines and travel firms plummeted up to 13.5% as US and Israeli attacks on Iran triggered airspace closures across the Middle East. Major transit hubs like Dubai faced disruptions, leading to flight cancellations and advisories for passengers.…
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Indian stock markets plunged on Monday, with the Sensex and Nifty falling over 1% due to escalating Middle East conflict following the death of Iran’s supreme leader. Surging crude oil prices and a weakening rupee further dampened investor sentiment, while…
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Indian businesses face rising crude oil prices and supply disruptions due to the West Asian conflict. This impacts consumer goods, paints, and electronics. Remittances from the Gulf region are also a concern. Companies are monitoring the situation closely, hoping for…
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Fertiliser prices could rise sharply. Tensions between Israel and Iran threaten supplies moving through the Strait of Hormuz. This vital waterway is crucial for fertiliser shipments to India. Restrictions on movement will push prices up. This volatility could impact production…
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India’s gold and diamond supplies are at risk. Dubai’s airspace closure is disrupting crucial trade routes. This impacts India’s position as a major consumer of gold and a leader in diamond polishing. The disruption stems from escalating regional tensions. This…
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The government has convened an urgent meeting with exporters, logistics players and key ministries to assess the impact of escalating West Asia tensions on India’s trade.
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