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IMF says ‘too early’ to gauge West Asia conflict impact as energy prices, markets turn volatile

With tensions escalating in West Asia, the International Monetary Fund on Tuesday said it is closely tracking the situation but cautioned that it is “too early to assess the economic impact on the region and the global economy,” as disruptions to trade and energy markets intensify.In a statement, the IMF said it has “observed disruptions…

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Government monitors West Asia tensions via ‘inter-ministerial group’ to assess trade impact

Image used for representative purposes NEW DELHI: Amid the escalating tensions in the West Asia region, the Indian govt has set up an inter-ministerial group that’s monitoring the situation particulary to assess any hurdles in India’s trade and shipping.“We have set up an inter-ministerial group that meets on a daily basis and is closely monitoring…

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‘No better feeling’: Air India flies 149 stranded passengers to Delhi from Dubai amid escalating West Asia tensions | India News

Image credit: Air India newsroom NEW DELHI: Amid the escalating tension in West Asia, Air India brought back 149 passengers stranded in Dubai to Delhi on Monday.This marked the first international arrival by an Indian carrier into the national capital for the day. “We are happy to welcome our guests and crew from Dubai aboard…

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Indigo Relief Flights: West Asia crisis: Govt prepares evacuation, IndiGo to run 10 relief flights from Jeddah |

Amid escalating tensions in parts of West Asia and widespread airspace closures, the Ministry of Civil Aviation on Monday announced that IndiGo will operate 10 special relief flights from Jeddah to India on March 3 to facilitate the return of stranded passengers, ANI reported.In a statement, the Ministry said the operations are subject to required…

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Travel guidance: MEA issues advisory for foreign nationals amid West Asia unrest; asks them to contact FRRO |

The Ministry of External Affairs (MEA) has issued an advisory asking foreign nationals in India who have been affected by the ongoing security situation in West Asia to approach the nearest Foreigners Regional Registration Office (FRRO) for assistance with visa extensions or regularisation of stay. Ministry of External Affairs The warning is issued at a…

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