Prime Minister Narendra Modi (ANI photo) Prime Minister Narendra Modi on Monday, during a joint statement with his Canadian counterpart Mark Carney, reflected on the ongoing tensions in the Middle East, also referred to as West Asia. He voiced concern over the constantly evolving situation in the region following the massive military action by the…
Defence stocks (AI image) Defence stocks today: Contrary to the crash in Nifty50 and BSE Sensex, defence stocks on Monday moved up in trade as rising Middle East tensions brought focus back on them. Shares of defence companies such as Hindustan Aeronautics, Bharat Dynamics, BEL and Paras Defence surged by as much as 13.5% as…
Security heightened in Jammu and Kashmir. NEW DELHI: The ministry of home affairs has cautioned states about the possibility of communal tensions in the wake of the ongoing conflict involving Iran, asking authorities to stay alert and take preventive steps.In a letter circulated on February 28, the ministry warned that recent military developments in West…
Rupee slipped past the 91 mark against the US dollar on Monday, tumbling to 91.32, as escalating tensions in the Middle East and heightened volatility in global markets unsettled investors. Forex traders said that the currency came under added pressure from negative equity market sentiment and significant foreign fund outflows. Rupee opened at 91.23 and…
A woman splashes water on her face on a hot summer day amid heatwave, in New Delhi. (PTI (File Photo)) NEW DELHI: An above-normal number of heatwave days is expected across large parts of India between March and May, the India Meteorological Department (IMD) has said, warning that several states could see prolonged spells of…
NEW DELHI: Policymakers are keeping a close eye on oil prices and goods movement in the wake of the latest tension in West Asia, while maintaining that it’s too early to assess the impact on the economy.The first direct impact will be felt through energy prices, especially with India dependent on imports for bulk of…
NEW DELHI: Air travel remained severely crippled in West Asia – from the UAE to Israel – with around 1,600 flights cancelled by the region’s airlines like Emirates, Etihad and Qatar Airways till Sunday evening across all global routes. Indian carriers like IndiGo, Air India and Akasa cancelled 350 flights during the day, according to…
Prime Minister Narendra Modi on Sunday said he had “conveyed India’s concerns over recent developments” during a telephone call with his Israeli counterpart Benjamin Netanyahu, as the Middle East faces a sharp escalation following the killing of Iran’s Supreme Leader.In a post on X, PM Modi wrote: “Had a telephone call with PM Benjamin Netanyahu…
A fire broke out in Tehran on Sunday night after an Israeli strike hit the headquarters of Iran’s state broadcaster, as fighting between the two countries intensified following the killing of Supreme Leader Ali Khamenei. Iranian state television confirmed that parts of the Islamic Republic of Iran Broadcasting (IRIB) complex had been struck, though it…
US President Donald Trump said on Sunday that Iran’s new leadership wants to talk to him and that he agreed, according to an interview with The Atlantic magazine.“They want to talk, and I agreed to talk, so I will be talking to them. They should do it sooner. They should give what was very practical…