Business Economy India Industry

Delhi Airport Allots Extra Slots to Foreign Airlines Amid West Asia Disruptions

Delhi airport operator Delhi International Airport Limited has allocated additional flight slots to select foreign airlines on a temporary basis due to disruptions linked to the West Asia crisis. The move comes as capacity constraints have emerged at Indira Gandhi International Airport, the country’s busiest airport. Sources said the extra slots have been granted for Read More…

Business Economy India News

West Asia Crisis a Major Concern, India Pushing for Peace: PM Modi

Prime Minister Narendra Modi on Tuesday said the ongoing conflict in West Asia is a serious concern and has created a global energy crisis. Addressing the Rajya Sabha, he said many ships, including those with Indian crew, are stranded in the Strait of Hormuz, making the situation more worrying for India. He said nearly one Read More…

Economy India International

India Calls for Dialogue on West Asia Crisis, Assures Energy and Citizen Safety

Prime Minister Narendra Modi on Monday said India is pushing for dialogue and diplomacy to resolve the ongoing West Asia conflict, while calling any disruption of the Strait of Hormuz unacceptable. Speaking in the Lok Sabha, he noted that the crisis has been impacting the global economy and highlighted India’s concerns, given its dependence on Read More…

Business Economy India

Strait of Hormuz Disruption Unacceptable, India Pushing for Dialogue: PM Modi

Prime Minister Narendra Modi on Monday said India is advocating dialogue and diplomacy to address the ongoing crisis in West Asia, while terming attacks on commercial shipping and any disruption of the Strait of Hormuz as unacceptable. Speaking in the Lok Sabha, Modi emphasised that the government is actively engaging with oil and gas suppliers Read More…

Business Economy

Stock Markets Slide Sharply as West Asia Tensions Weigh on Investor Sentiment

Indian stock markets witnessed a steep decline in early trade on Monday, tracking weak global cues and rising concerns over the ongoing conflict in West Asia, which has pushed crude oil prices higher. The benchmark BSE Sensex plunged 1,555.62 points, or around 2 per cent, to 72,977.34 during initial trading. Similarly, the NSE Nifty fell Read More…