Middle East crisis impact - InfoVera Online

Middle East crisis: IndiGo suspends flights to six overseas destinations till September amid weak demand, cost pressures

India’s largest airline IndiGo on Thursday announced the temporary suspension of flights to six international destinations, including Hong Kong, Shanghai and Thailand’s Krabi, as it moves to optimise its network amid softer travel demand and rising operating costs.The budget carrier said services to Langkawi, Krabi, Ho Chi Minh City, Hong Kong and Shanghai will be …

‘Situation isn’t as dire’: Is India’s forex reserves cover enough to defend rupee? Why economists are confident – The Times of India

by InfoVera Team

Since the outbreak of the Iran conflict, India’s forex reserves have declined by nearly $38 billion, marking the steepest drop among regional economies. India has among the world’s largest foreign exchange reserves, and they are still robust enough to defend the rupee from its free fall during the ongoing depreciation phase due to the Middle …

Limited economic impact? Here’s how the Middle East crisis is impacting job market and your household bills – for now – The Times of India

by InfoVera Team

The ongoing crisis in the Middle East has triggered ripples for economies and sectors across the globe. Even so, India’s economy still appears firm, with only a few early signs of pressure, according to a recent report by HDFC Bank’s treasury research team.The report, Macro Billboard: 40 Charts, Early Signals dated April 20, 2026, says …

India Crude Oil Supply: ‘Good stocks in hand’: India well placed on crude, fuel despite Middle East war, says Piyush Goyal – The Times of India

by InfoVera Team

File photo: Union minister Piyush Goyal Union minister Piyush Goyal on Saturday said India is well placed to handle any disruption in crude oil and fuel supplies despite the worsening Middle East crisis, asserting that there has been “absolutely no disturbance” in petrol, diesel or aviation fuel availability, while also indicating that the government will …

From record highs to 13% fall: How Middle East crisis hit South Korean benchmark Kospi – The Times of India

by InfoVera Team

ai generated image used only for representational purpose

South Korea’s Kospi, which had long stood out as one of the world’s hottest-performing markets over the past year, with a whopping 36% gain, hit a roadblock. The Kospi Index, which recently inched up 3% to its record high, tumbled as much as 13% on Wednesday. This dramatic sell-off follows a 7.2% decline in the …