Defence

Business

Mideast conflict: India’s growth to be lower at 5.9%, says Goldman Sachs

March 24, 2026 revoi editor

Virendra Pandit New Delhi: Investment banking firm Goldman Sachs on Tuesday cut India’s growth forecast by 60 basis points to 5.9 percent for calendar year 2026. This is the first forecast revision by any agency after beginning of the Iran war on February 28. In its report, A Tighter Squeeze on Asia’s Energy Supply, […]

Business

Mideast war impact: India’s pvt sector growth hits 3-yr low on reduced demand

March 24, 2026 revoi editor

Virendra Pandit New Delhi: Less than a month into the ongoing conflict in West Asia, its impact on India’s private sector is being felt as it expanded at its weakest pace in over three years in March 2026 because of diminished demand, the media reported on Tuesday. Price shocks from the ongoing US-Israeli war […]

Business

Markets: Hope for Mideast ceasefire lifts Sensex, Nifty 1.8% up

March 24, 2026 revoi editor

Virendra Pandit New Delhi: After a sharp broader sell-off on Monday, bulls returned to bourses on Tuesday as benchmark indices Sensex and Nifty50 rebounded in the hope that the raging war in West Asia may soon see a ceasefire and cool off crude oil and gas prices. The Indian rupee opened 34 paise higher […]

Business

Roving Periscope: Not even a fragile ceasefire, as war continues unabated in the Mideast

March 24, 2026 revoi editor

Virendra Pandit New Delhi: Despite claims and counterclaims, the conflict in West Asia continued on Tuesday, the 25th day, as the US-Israel duo and Iran relentlessly struck each other’s targets, the media reported. According to a news platform Semafor report, citing an unnamed American official, the US will continue striking on Iran, with the […]

Business

Roving Periscope: If true, Trump’s five-day ‘ceasefire’ may be too little, too late

March 23, 2026 revoi editor

Virendra Pandit New Delhi: After threatening Iran with a 48-hour deadline to reopen the Strait of Hormuz for all shipping…or else…,President Donald Trump, once again, ‘chickened out’ on Monday as he announced a five-day ‘ceasefire’ in the US-Israel war on Iran on the 24th day of the ongoing conflict in West Asia. Tehran, however, […]

Business

Energy security: India’s strategic oil reserves sit at only 2/3rd of capacity

March 23, 2026 revoi editor

Virendra Pandit New Delhi: India’s strategic oil reserves, designed to provide cover for about 9.5 days of supplies during disruptions or price shocks, are currently sitting at only two-thirds capacity, the Rajya Sabha was informed on Monday. India, the world’s third-largest energy consumer and heavily dependent on imports for about 88 percent of its […]

Business

Markets: Iran war-led bloodbath on bourses continues—Sensex, Nifty lose 2.5%

March 23, 2026 revoi editor

Virendra Pandit New Delhi: On a day Prime Minister Narendra Modi told the Lok Sabha that the ongoing Iran crisis has posed unprecedented challenges for India, the country’s stock markets shed nearly 2.5 percent of their value as the West Asian conflict intensified with the US’s 48-hour warning to Iran to reopen the Strait […]

Business

Iran war: PM Modi terms situation “worrisome” with adverse impact on economy, people

March 23, 2026 revoi editor

Virendra Pandit New Delhi: Expressing deep concerns over the emerging situation in West Asia in the wake of the escalating conflict, Prime Minister Narendra Modi on Monday termed it as “worrisome” as it is having a very adverse impact on the global economy and the livelihoods of people, the media reported. Making a statement […]

Business

Iran war: Two more LPG carriers set to leave the Strait of Hormuz for India

March 23, 2026 revoi editor

Virendra Pandit New Delhi: Amid the escalating war in West Asia and Prime Minister Narendra Modi’s address in the Lok Sabha, expressing concerns over the emerging situation, two more Indian-flagged LPG tankers are set to cross the Strait of Hormuz to head for India, the media reported on Monday. The two LPG tankers, […]

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Repercussions of the Iran- US Israel War on Gulf States

March 23, 2026 revoi editor

By Harsh Pargat The death of Iran’s Supreme leader Syed Ali Khamenei on 28th February in a joint airstrike done by US and Israel as part of Operation Epic Fury. The strikes killed the Supreme leader. And this led to the escalation of war between the three countries. This article emphasizes on the repercussions of […]