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THE TRUTH ABOUT: West asia - Caught on Camera

Pakistan's current account slips into $139m deficit in FY26

Pakistan registered a current account deficit of USD 139 million in the last fiscal year. This marked a reversal from the previous year's surplus of USD 1.838 billion. Exports saw minimal growth while imports remained high, creating a significant trade deficit. Remittances played a crucial role in supporting the economy…

The Economic Times

Pakistan to revise oil prices daily amid renewed West Asia tensions

Pakistan fuel price: Pakistan will now adjust petroleum prices daily to manage oil price fluctuations. The government aims for greater transparency in fuel pricing decisions. This move follows criticism regarding delays in passing on lower fuel costs. Turkish Petroleum will begin oil and gas extraction in Pakistan soon. Petrol pump…

The Economic Times

West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay Malhotra

Reserve Bank Governor Sanjay Malhotra noted West Asia crisis and weak monsoon pose growth risks. India's economy grew over seven percent recently, supported by strong fundamentals. The central bank projects 6.6 percent GDP growth for the current financial year. Inflation forecasts are raised to 5.1 percent, driven by supply-side factors.…

The Economic Times

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India's development did not come to standstill despite oil supply crisis: PM Modi

Prime Minister Narendra Modi on Friday said India's railway network would have faced a major crisis during the recent West Asia conflict if it had remained dependent on diesel, highlighting that nearly 99% of Indian Railways has been electrified over the past 12 years.

The Economic Times

Rupee rises 14 paise to 96.28 against per US dollar

The rupee edged up fourteen paise against the US dollar in early trade on Friday. Positive domestic equity markets supported the local unit's slight gain. However, significant foreign institutional investor outflows capped further appreciation. Heightened West Asian tensions and rising global crude oil prices also impacted the rupee. The rupee…

The Economic Times

CEAT shares crash 9% after Q1 net profit tumbles 96% YoY to Rs 4 crore. What lies ahead?

CEAT shares dropped over 9% on Friday after reporting a significant profit decrease. The tyre maker's net profit fell 96% year-on-year to Rs 4 crore. Higher raw material costs due to the West Asia crisis impacted profitability during the quarter. Revenue from operations grew 22% year-on-year to Rs 4,318 crore.…

The Economic Times

Pakistan PM Shehbaz Sharif warns of risk to economy amid renewed West Asia tensions

Prime Minister Shehbaz Sharif warned of economic risks due to regional conflict. He directed authorities to maintain full preparedness for potential challenges ahead. The government presented a report on austerity and cost-cutting measures during a key meeting. Sharif acknowledged public support for previous austerity drives and urged frugality. Pakistan's economy…

The Economic Times

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JSW MG Motor launches MG ADAPT, India's first multi-NEV platform

JSW MG Motor India has unveiled its new MG ADAPT platform for future vehicles. This innovative architecture supports electric, hybrid, and range extender vehicle technologies. The platform aims to enhance driving range and improve overall vehicle efficiency. Future models will debut on this flexible and intelligent technology backbone. This development…

The Economic Times

Rupee slips 6 paise to 96.31 against US dollar in early trade

The rupee weakened against the US dollar due to global crude oil volatility and a stronger greenback. Foreign institutional investor outflows continued to pressure the local currency in early trade. The West Asia crisis intensified with further strikes and retaliatory actions by Iran. Domestic equity markets opened positively, providing some…

The Economic Times

Iran has no plans for negotiations, remains focused on defense: Foreign Ministry spokesperson

Iranian Foreign Ministry spokesperson Esmaeil Baghaei on Wednesday stated that the Islamic Republic has no plans to resume negotiations with the United States amid escalation of military confrontation between the two sides in West Asia, according to Iranian state media Press TV.

The Economic Times

'They better behave': Trump rules out setting any deadline for Iran before bombing its bridges

US President Donald Trump on Wednesday (local time) said that he does not like setting deadlines when asked whether he had given Iran any ultimatum before ordering the bombing of its bridges, while warning that Tehran "better behave" amid a renewed exchange of fire between the two sides in West…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian equities ended marginally higher after surrendering most intraday gains. Softer US inflation data supported sentiment, while elevated crude prices, West Asia tensions and mixed sector performance kept markets volatile. Analysts expect Nifty to remain range-bound unless it breaks above 24,350.

The Economic Times

Market Trading Guide: Inox India among 2 stock recommendations for Thursday

Domestic equities showed resilience, with broader markets outperforming large caps amid positive cues. Q1 earnings remained a key domestic catalyst, though higher crude prices capped gains.

The Economic Times

Nifty to hit 27,000 in one year? PL Capital says Middle East crisis, El Nino can play a spoil sport; names 15 top picks

PL Capital has raised its one-year Nifty 50 target to 27,019, implying over 12% upside, while warning that the escalating West Asia conflict and a potential super El Niño could fuel inflation and hurt growth. The brokerage remains stock-specific and has identified 15 preferred large- and mid-cap picks.

The Economic Times

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The Economic Times

Jaishankar meets EU leaders, discusses trade, technology and maritime security

External Affairs Minister S Jaishankar met with European Council President Antonio Costa. He valued guidance for advancing trade and technology cooperation between the two sides. Discussions also covered West Asia and maritime commerce safety. Cooperation is deepening across trade, technology, security, and defence. India-EU FTA enables possibilities for cooperation with…

The Economic Times

Iran's IRGC attacks on US military assets in Bahrain, Kuwait in 'Operation Nasr 2'

Iran's Revolutionary Guard targeted US military assets in Bahrain and Kuwait. These strikes were a direct response to earlier American attacks on Iranian positions. The operation involved simultaneous missile and drone attacks on military facilities. Iran warned of further retaliation if US actions continue in the region. The exchanges highlight…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities fell sharply as escalating West Asia tensions lifted crude oil prices and weakened the rupee, raising inflation concerns. Sensex and Nifty declined up to 0.7%, while analysts said geopolitical risks overshadowed earnings optimism despite technical support remaining intact.

The Economic Times

Keeping watch on West Asia developments, will support exporters if needed: Official

With a vigilant eye on West Asia's evolving situation, India emphasizes its support for exporters amidst rising challenges. An Inter-Ministerial Group is actively monitoring the trade and energy implications resulting from the ongoing crisis. While exports to the UAE have thrived, Saudi Arabia has witnessed a drop. Notably, Indian exporters…

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The Economic Times

EAM Jaishankar discusses global developments, including West Asia, Ukraine with UN Chief Guterres

India's External Affairs Minister S Jaishankar launched the nation's campaign for a UN Security Council seat. He discussed global developments, including West Asia, Ukraine, and Sudan with UN Secretary General Antonio Guterres. India's approach to the UN is rooted in "SHANTI: Securing Holistic Advancement through Norms, Trust and Integrity."

The Economic Times

Iran moves to close Strait of Hormuz. Should investors fear a Nifty crash in coming days?

Indian equities are likely to remain volatile this week as escalating tensions in West Asia and the closure of the Strait of Hormuz threaten to push crude oil prices higher. Investors will also monitor Q1 earnings, inflation data, FII flows and global risk sentiment for market direction.

The Economic Times

Global headwinds, resilient MSMEs: India’s ECLGS 5.0 response

The real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit protects.

The Economic Times

India Inc's revenue growth to hit 2-year high of 11-11.5% in Q1 despite Iran war: Crisil

India Inc's revenue is estimated to have grown 11-11.5% year-on-year in Q1FY27, marking the fastest pace in eight quarters, according to Crisil Intelligence. While pricing power helped companies offset higher input costs amid the West Asia conflict, margins remained under pressure due to rising fuel, freight and raw material expenses.

The Times of India

Concerned over West Asia flare-up risks, says India

NEW DELHI: India said Wednesday it is deeply concerned about the recent attacks and escalation of tensions in West Asia, which have followed fresh targeting of commercial shipping transiting international waterways in the region. The statement followed the resumption of strikes by the US and Iran and President Donald Trump's…

The Economic Times

Deeply concerned: India on escalating tensions in West Asia

India voiced deep concern over recent attacks on commercial shipping in the Strait of Hormuz. These developments risk undermining regional peace, security, and stability in West Asia. India calls upon all parties to exercise restraint and de-escalate tensions immediately. The nation urges a return to dialogue and diplomacy for a…

The Economic Times

Market Trading Guide: Ather Energy among 2 stock recommendations for Thursday

Indian markets declined sharply as rising crude prices, higher bond yields and renewed West Asia tensions hurt sentiment. Technical analysts recommended Alkyl Amines Chemicals and Ather Energy, citing bullish trends, strong momentum and favourable technical indicators.

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