New Delhi: India’s state-run oil retailers have assured the public of ample fuel availability nationwide amid escalating tensions with Pakistan that have triggered panic buying, particularly in border states. Indian Oil Corp. Ltd (IOCL) and Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) have urged calm, emphasizing that supplies of petrol, diesel,…
New Delhi: Finance Minister Nirmala Sitharaman has instructed Indian banks to bolster their operational and cybersecurity preparedness, especially in border regions, as tensions with Pakistan escalate. During a Friday meeting with financial sector leaders, she stressed the need for uninterrupted services and prioritized the safety of bank staff and their families. Senior officials from the…
Where do we go from here? The ball is in Pakistanâs court. After the first night, many expected Islamabad to use its unverified claims to declare victory and refrain from further escalation. Now it is not clear. Also Read: Operation Sindoor: The IAF has struck terror camps in Pakistan In any event, the strategic significance…
A misplaced sense of bravado might be getting the better of Pakistan. Late on Wednesday night and early on Thursday, it tried to attack Indian military facilities in 15 cities. These were thwarted by Indiaâs air defence systems, which shot down missiles and drones from across the border. Islamabadâs escalation provoked retaliatory action by Indian…
The Indian governmentâs bold military responseâOperation Sindoorâin response to the Pahalgam attack on April 22 has created understandable jitters in financial markets. However, history offers a reassuring narrative for long-term investors, especially mutual fund participants. The immediate impact of any political upheaval is seen instantly in the stock markets. However, mutual funds are relatively safer…
Ahead of the briefing by the government about the success of Operation Sindoor on Thursday, Union Parliamentary Affairs Minister Kiren Rijiju said that Prime Minister Narendra Modi wished that the country âshouldn’t be divided in such a situationâ. Also Read: Operation Sindoor: How India carried out its âmost significant’ military action inside Pakistan in 5…
The horrific attack of 22 April by terrorists on tourists in Pahalgam, Kashmir, took New Delhiâs patience past yet another breaking point, the last being in 2019. The Indian military response was aimed squarely at terror set-ups and should be seen not just as retaliatory, but as a calibrated move to secure long-term progress against…
Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Thursday amid ongoing conflict between India and Pakistan, and mixed global market cues. Asian markets traded mixed, while the US stock market ended higher after the US Federal Reserve policy. On Tuesday, the Indian stock market ended…
As during any crossborder conflict, the escalating tensions between the nuclear-armed neighbours are expected to boost earnings for domestic defence companies. A strong and resilient export outlook further strengthens the sectorâs prospects, said experts. Since the terror attack on tourists in Kashmirâs Pahalgam area on 22 April, the Nifty Defence index has increased 2.99%, significantly…
Gold prices in your city, May 6: Amid India’s precision strike missile attack on nine terror targets in Pakistan and Pakistan-occupied-Kashmir (PoK) today dubbed as âOperation Sindoorâ, the Indian stock markets have shown remarkable resilience on May 7. According to experts, this is due to a confluence of factors like strong domestic demand, government measures,…
