Government monitors West Asia tensions via ‘inter-ministerial group’ to assess trade impact

Image used for representative purposes NEW DELHI: Amid the escalating tensions in the West Asia region, the Indian govt has set up an inter-ministerial group that’s monitoring the situation particulary to assess any hurdles in India’s trade and shipping.“We have set up an inter-ministerial group that meets on a daily basis and is closely monitoring…

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‘Sufficient reserves’: Petrol minister Hardeep Puri assures energy availability amid Middle East tensions

Hardeep Singh Puri chairs meeting with media fraternity and petroleum ministry officials NEW DELHI: Amid concerns over oil supply concerns due to Middle East tensions , union minister of petroleum and natural gas Hardeep Singh Puri, in a meeting with media, assured that India has enough reserves to deal with the situation.“Held a very positive…

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Middle east crisis: GCCs may see short-term hit; here’s why India might ultimately win

As Middle East tensions continue to intensify, India’s global capability center (GCC) landscape could face some temporary headwinds. Experts, however, said that the country may ultimately gain as companies prioritise stability in their global operations.Multinational corporations including Microsoft, Visa, Intel, Qualcomm, Siemens Healthineers, DHL, Nokia, HP, PepsiCo, Emerson, Lenovo, Johnson Controls and Eaton currently run…

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After Monday sell-off, Trump signals weeks-long Iran war- How will stock market react on Wednesday?

Investors remain cautious as Dalal Street absorbs renewed geopolitical risk after US President Donald Trump warned the Iran war could last four to five weeks, adding to the uncertainty that has rattled Indian markets.Markets were shut on Tuesday for Holi, but global cues remained tense after Trump said the conflict “has always been a four-week…

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Middle East crisis: Should you invest in gold ETFs or silver ETFs? Here’s what experts suggest

Increasing geopolitical tensions after the US-Israel strikes on Iran have once again pushed investors towards long-time safe haven assets. Many traders are struggling to choose whether they should go for gold ETFs or towards silver ETFs, or allocate their portfolio to a combination of both.According to market participants, current environment favours gold, although silver could…

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