RBI vigilant of evolving West Asia situation, economy resilient to withstand shocks: Sanjay Malhotra

IANS | April 23, 2026 6:52 PM

New Delhi, April 23 (IANS) Global economic conditions and sentiments have soured after the outbreak of the West Asia conflict, adversely impacting the growth-inflation outlook, Governor Sanjay Malhotra said in the latest RBI Bulletin on Thursday, adding that Central Bank would remain vigilant of the evolving situation and put in place policies that prioritise the best interest of the economy.

Indians stock markets fall for 2nd day over West Asia tensions

IANS | April 23, 2026 3:56 PM

Mumbai, April 23 (IANS) The Indian equity markets ended sharply lower for the second consecutive session on Thursday, with benchmark indices declining about 1 per cent each amid escalating tensions in West Asia over the Strait of Hormuz.

OMCs tap crude storage as Hormuz shutdown disrupts supplies: Report

IANS | April 23, 2026 3:13 PM

New Delhi, April 23 (IANS) Indian oil marketing companies (OMCs) have begun relying on their commercial crude inventories as supply chains tighten following the closure of the Strait of Hormuz amid escalating geopolitical tensions in West Asia, according to a report on Thursday.