Ongoing geopolitical instability in West Asia is poised to shave 100 basis points off the revenue growth and operating margins of India’s Micro, Small, and Medium Enterprises (MSMEs) for the current fiscal year, according to a recent report by credit rating agency CRISIL. The escalating conflict has disrupted global supply chains and elevated logistics costs,…
Strategic Austerity in a Volatile Global Landscape Prime Minister Narendra Modi has officially called for a shift toward austerity measures across India’s public and private sectors this week, citing the urgent need to insulate the domestic economy from the widening instability caused by the ongoing conflict in West Asia. Addressing economic stakeholders in New Delhi,…
Supply Chain Resilience in a Volatile Region Petronet LNG, India’s largest importer of liquefied natural gas, confirmed this week that it expects to resume its primary supply agreements from Qatar within three to four weeks following the eventual resolution of the ongoing conflict in West Asia. The company is currently navigating significant logistical disruptions caused…
Iran has issued a stern warning to the United States, declaring that any “strategic mistake” by Washington will be met with strong retaliation. The statement comes amid renewed tensions in West Asia, where military maneuvers, sanctions, and diplomatic standoffs have reignited fears of escalation. Iranian officials emphasized that their armed forces are prepared to respond…
Iranian Parliament Speaker Mohammad Bagher Ghalibaf has claimed that Iranian forces not only targeted a U.S. F-35 stealth fighter jet but also neutralised 180 drones in recent military operations. His statement, delivered during a parliamentary session, underscores Tehran’s narrative of military resilience and its ability to counter advanced Western technology amid escalating tensions in West…