India has formed a special group to watch the West Asia situation daily. This group will check how the crisis affects shipping and trade. It will also look at export and import risks. The government aims to keep trade stable…
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Indian business leaders are caught in a tense situation in the Gulf. Missile alerts and airspace closures have disrupted travel. Execs are closely monitoring embassy advisories for evacuation flights. Many are stuck in Dubai and Doha, facing disruptions to business…
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India must remain cautious as West Asia conflict escalates. Iran’s retaliation strategy targets Gulf nations, posing risks to millions of Indians residing there. The Strait of Hormuz blockade threatens India’s crude oil supply. The situation demands careful navigation for India’s…
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While short-term volatility could see the rupee probe levels in the Rs 92–Rs 94 per dollar range, more severe geopolitical escalation and sustained high oil prices could push the currency lower in extended scenarios.
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Carriers deployed widebody aircraft so as to carry more passengers and operated special repatriation flights. They also warned passengers not to head to airports without confirmation on their flights.
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The DoT has also sought clarity around steps that can be taken to get the spectrum back from these companies following the top court order last month. Apart from DoT, sources said, the lenders of the companies are also contemplating…
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