New Delhi, May 6 (IANS) India’s total exports of merchandise and services increased by 4.6 per cent to a record high of $863.11 billion during the financial year 2025-26, compared with the corresponding figure of $825.26 billion for the previous fiscal year, despite the US tariff turmoil and uncertainties triggered by geopolitical tensions, the latest figures compiled by the Commerce Ministry showed.Merchandise exports registered a 0.93 per cent growth to $441.78 billion during the financial yea…
Latest West Asia News & Updates
New Delhi, May 6 (IANS) The Association of Southeast Asian Nations (ASEAN) should accelerate energy diversification and deepen ties with reliable partners, including India, after the West Asia crisis exposed vulnerabilities in supply chains and energy security, a report said.According to a report by Malaysian media outlet Bernama, Associate Professor at the School of International Studies, Jawaharlal Nehru University (JNU), Rahul Mishra, said ASEAN countries should strengthen engagement with mid…
Tehran, May 6 (IANS) Iran’s main military command, Khatam al-Anbiya Central Headquarters, said that the country’s armed forces have carried out no missile or drone operation against the United Arab Emirates (UAE) over the past days, the semi-official Fars news agency reported. Headquarters spokesman Ebrahim Zolfaghari made the announcement on Tuesday (local time), stressing that if Iran had taken such actions, “we would announce it decisively and explicitly.”He rejected a report by the UAE that …
Kuwait City, May 5 (IANS) India’s Ambassador to Kuwait, Paramita Tripathi held a meeting with Kuwait’s Minister of Amiri Diwan Affairs, Sheikh Hamad Jaber Al-Ali Al-Sabah on Tuesday, discussing ways to strengthen strategic partnership between the two nations across several sectors, including in emerging areas of technology, research and innovation. Both sides also discussed regional developments. Ambassador Tripathi reiterated India’s solidarity with Kuwait and its support for peaceful resolut…
Mumbai, May 5 (IANS) Indian equity benchmarks ended lower on Tuesday, as rising geopolitical tensions in West Asia weighed on investor sentiment, pulling down banking, realty, and oil and gas stocks.The Nifty slipped 86.50 points, or 0.36 per cent, to close at 24,032.80, while the Sensex declined 251.61 points, or 0.33 per cent, to settle at 77,017.79.The benchmarks erased gains from the previous session as selling pressure intensified through the day.Sectorally, banking, real estate, and oil an…
New Delhi, May 5 (IANS) India on Tuesday condemned the attacks on the United Arab Emirates (UAE), in which three Indian nationals were injured and called for the immediate cessation of the hostilities and the targeting of civilians and civilian infrastructure. Three Indian nationals were injured in attacks in Fujairah on Monday (local time). The UAE held Iran responsible for these attacks.In a statement, the Ministry of External Affairs said, “The attack on Fujairah that resulted in injury to th…
Mumbai, May 5 (IANS) Domestic equity markets on Tuesday traded sharply lower in the morning trade amid fresh jitters over escalating geopolitical tensions between the US and Iran.Sensex was trading at 76,745, down 0.67 per cent or 524 points in early trade, while Nifty slipped to 23,949, declining 0.7 per cent or 170 points.Sector-wise, selling pressure was driven by auto, financials, banking, consumer durables, and metal stocks. Nifty Auto, Nifty Private Bank, Nifty PSU Bank, Nifty Consumer Dur…
Kathmandu, May 4 (IANS) The Nepal government is seeking to procure 80,000 tonnes of chemical fertiliser from India under a government-to-government (G2G) arrangement, as disruptions in global supply and soaring prices triggered by the West Asia war strain Nepal’s farm input system. Prime Minister Balendra Shah’s Cabinet on Monday decided to approve, in principle, a proposal allowing the state-owned Agriculture Inputs Company to procure 80,000 tonnes of chemical fertiliser from India under a G2G …
New Delhi, May 4 (IANS) India’s fertiliser stocks remain substantially higher than the requirement in states reflecting the strong opening position for the ongoing kharif season, the Department of Fertilisers said on Monday.The availability of urea is at 62.28 lakh metric tonnes (LMT) on May 3, as against a requirement of 2.66 LMT, while DAP’s availability is 20.32 LMT against 0.85 LMT requirement, MOP availability is 7.60 LMT against 0.22 LMT requirement, NPK availability is 49.71 LMT against…
New Delhi, May 4 (IANS) The ongoing geopolitical tensions in West Asia, which began in February, have impacted the aviation sector, with Dubai International Airport seeing a steep decline in passenger traffic in March, according to reports.Volumes were reportedly decreased by 66 per cent amid disruptions linked to the conflict in Iran.Moreover, the sharp fall dragged first-quarter traffic down to 25 lakh passengers, a decline of 21 compared to the year-ago period.The world’s busiest internatio…