THE TRUTH ABOUT: West asia - Caught on Camera

Maruti Suzuki flags West Asia-linked commodity costs as margins come under pressure

Maruti Suzuki India achieved record quarterly sales in the September quarter despite facing profitability challenges. The company reported a significant decline in operating earnings due to increasing material costs and adverse foreign exchange movements. While domestic sales grew substantially, net profit also experienced a decline compared to the previous year.…

The Economic Times · 13h ago

West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist Aditi Nayar

The West Asia crisis may impose a fiscal burden of approximately Rs 1.35 lakh crore on India. Government spending has generally remained below budget estimates, providing financial flexibility for these pressures. Higher customs duty collections from gold and silver imports might help offset some costs. ICRA anticipates GDP growth to…

The Economic Times · 18h ago

Piyush Goyal says India-Chile FTA talks ' quite ripe' for conclusion, Canada negotiations making progress

India is making progress on free trade agreements (FTAs) with several countries, with negotiations with Chile nearing conclusion and talks with Canada advancing, Commerce and Industry Minister Piyush Goyal has said. Discussions with the Southern African Customs Union have recently begun, while efforts to expand trade arrangements with Mercosur continue.…

The Economic Times · 21h ago

Godrej Properties eyes record Rs 41,500 crore sales bookings, expects to beat FY27 guidance

Godrej Properties is poised for a record sales growth of 22 percent this fiscal year. The company anticipates sales bookings reaching around Rs 41,500 crore due to strong demand. This positive trend persists despite economic uncertainties stemming from the West Asia crisis. Future projects are planned for major markets, including…

The Economic Times · Oct 25

'War anywhere threatens peace everywhere': EAM Jaishankar calls for global cooperation on UN Day

External Affairs Minister S Jaishankar emphasized that conflicts like those in Ukraine and West Asia impact global peace. He highlighted the interconnected nature of the world due to globalization, which affects societies far removed from the conflicts. He expressed the need for the Global North to acknowledge shared crises faced…

The Economic Times · Oct 25

US Intel warns of threats to American diplomats in West Asia: Report

A recent intelligence report indicates that Iran is intensifying its attacks on American diplomats in the Middle East. The U.S. Department of State has ordered the departure of non-emergency personnel in Saudi Arabia. Security concerns have risen due to Iranian-backed Houthi forces targeting civilian infrastructure in the region. Additionally, President…

The Economic Times · Oct 24

Indian Army's new warfare doctrine: Rajnath Singh to unveil how the Army plans to tackle threats from China and Pakistan

Defence Minister Rajnath Singh will unveil the Indian Army's new land warfare doctrine, outlining how the force plans to adapt to modern combat involving drones, artificial intelligence, precision strikes and multi-domain operations.

The Economic Times · Oct 22

Jaishankar, UAE counterpart discuss West Asia crisis, stress dialogue and diplomacy

External Affairs Minister S Jaishankar and UAE’s Sheikh Abdullah bin Zayed Al Nahyan discussed regional concerns in West Asia. Jaishankar emphasized India's commitment to promoting peace through dialogue and diplomacy during their meeting. The Comprehensive Economic Partnership Agreement between India and the UAE has significantly boosted bilateral trade and investment.…

The Economic Times · Oct 20

It's a matter of 'deep concern': Jaishankar on situation in West Asia

India's External Affairs Minister S Jaishankar met with UAE's Sheikh Abdullah bin Zayed Al Nahyan to discuss regional stability. Jaishankar expressed concerns about the situation in West Asia while emphasizing the importance of dialogue. The Comprehensive Economic Partnership Agreement has enhanced trade relations between India and the UAE significantly. Bilateral…

The Economic Times · Oct 20

UltraTech Cement Q2 Results: Net profit jumps 21% YoY to Rs 1,494 crore; revenue up 19%

UltraTech Cement Q2 Results: The cement maker reported a 21% year-on-year rise in consolidated net profit to Rs 1,494 crore in Q2 FY27, while revenue grew 19% to Rs 23,295 crore. However, profit fell 43% sequentially amid monsoon-related disruptions and the West Asia crisis, with margins also declining from the…

The Economic Times · Oct 19