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Tag: West Asia conflict

All Finances

As fuel prices rise, Nirmala Sitharaman flags bigger risks to Indian economy amid West Asia conflict

May 26, 2026May 26, 2026 - by cmedia

New Delhi/IBNS-CMEDIA: Union Finance Minister Nirmala Sitharaman on Monday warned that the ongoing conflict in West Asia could place additional strain on the Indian economy, media reports said. Rising fuel …

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US-Foreign News

Trump says Iran peace deal close to finish line as final details are discussed

May 25, 2026May 25, 2026 - by cmedia

IBNS-CMEDIA: US President Donald Trump on Sunday claimed that a peace agreement with Iran has been “largely negotiated” following talks involving Israel and other regional players, potentially signalling an end to the …

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All Finances

Trump rejects Iran peace response, Rupee crashes 139 paise, oil prices soar

May 11, 2026May 11, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: The Indian rupee on Monday crashed 139 paise to 94.90 against the US dollar after US President Donald Trump rejected Iran’s response to a proposed peace initiative, media reports …

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All Finances / Geopolitics

Oil surges over 5% as Strait of Hormuz closure rattles markets

April 20, 2026April 20, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: Oil prices surged over 5 percent on Monday after Iran once again shut the Strait of Hormuz amid escalating tensions in West Asia, media reports said. Strait of Hormuz …

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All Finances

RBI leaves repo rate unchanged at 5.25% amid global uncertainty

April 8, 2026April 8, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25% in its latest monetary policy announcement, according to media reports. The decision was taken during the …

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Finance/Business

From Middle East turmoil to Indian stores: Condom shortages rise amid West Asia conflict

April 3, 2026April 3, 2026 - by cmedia

New Delhi/IBNS: The ongoing West Asia conflict has sent ripples into Indian bedrooms, disrupting petrochemical supply chains and impacting the Rs 8,000-crore condom manufacturing industry, media reports said. The disruption …

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India / News / World

Global oil price surge hikes commercial LPG by ₹195.50; no change in domestic rates

April 1, 2026April 1, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: Prices of commercial LPG cylinders were hiked by nearly Rs 200 on Wednesday, crossing the Rs 2,000 mark, in line with a sharp surge in global oil prices amid the ongoing West Asia …

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All Finances

Rupee hits record low with West Asia conflict weighing on Indian markets

March 13, 2026March 13, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: The Indian Rupee hit a record low on Friday, falling 12 paise to 92.37 against the US dollar as crude prices showed no sign of easing amid the ongoing …

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News

India calls for protection of commercial shipping following Hormuz ship attack

March 12, 2026March 12, 2026 - by cmedia

IBNS-CMEDIA: India on Wednesday condemned an attack on a commercial cargo vessel in the Strait of Hormuz, stressing that commercial shipping should not be targeted amid the ongoing conflict in …

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US-Foreign News

A US Tomahawk missile strikes an elementary school in Iran’s Minab, over 175 killed

March 11, 2026March 11, 2026 - by cmedia

IBNS-CMEDIA: A US Tomahawk missile strike on an elementary school in Minab, Iran, killed more than 175 people, mostly children, according to a report by the New York Times. The …

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