Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Air India, its subsidiary to operate 58 flights to and from West Asia
Amidst ongoing regional unrest and tight airspace regulations, Air India alongside Air India Express will be executing 58 flights to West Asia this Wednesday. They are committed to maintaining their key connections to Jeddah and Muscat and have also organized 36 non-scheduled flights to the UAE, contingent on all required permissions and the current situational landscape.
Iran sought permission for docking of 3 ships in Indian ports; approval granted: Jaishankar
India permitted three Iranian ships to dock at its ports. One vessel, IRIS LAVAN, docked in Kochi on March 4. This humane gesture was appreciated by Iran. The move comes amid rising tensions in the Indian Ocean following the sinking of an Iranian warship. India remains committed to ensuring the nation's energy security amidst global disruptions.
India unlikely to see petrol, diesel price hike despite global oil prices spiking to $80
Global oil prices have jumped significantly following attacks and retaliatory strikes in the Middle East. However, Indian consumers are unlikely to see a hike in petrol and diesel prices. Fuel companies have built up profits and can absorb the current price rise. The government is committed to shielding citizens from sharp increases, especially with upcoming elections.