All posts tagged: US-Israel war on Iran

India’s exports hit 3 billion even amid West Asia turmoil, US tariffs: Official | Ahmedabad News

India’s exports hit $863 billion even amid West Asia turmoil, US tariffs: Official | Ahmedabad News

4 min readAhmedabadJun 18, 2026 01:54 AM IST By Yashaswi Singh DNYANESHWAR B Patil Zonal Development Commissioner Kandla Special Economic Zone (KASEZ) said on Wednesday that despite challenges faced during 2025-26, including the West Asia crisis and heavy tariffs imposed by the United States, the country has “performed wonderfully”. “The year 2025-26 was a challenging year, as we know there was crisis in West Asia and the US had also imposed tariffs, but despite all this we have performed wonderfully and that shows the resilience of India,” said Patil while speaking at the Gujarat SEZs Outreach Programme organised in Ahmedabad on Wednesday, during which officials reviewed 12 years of progress made by Gujarat’s Special Economic Zones (SEZs) and outlined their vision for future growth, investment and exports. Despite these challenges, he said the export performance remained strong and referred to an export figure of $863.11 billion, covering products such as coffee, spices and marine goods. Also, the potential role in supporting manufacturing, technology transfer and employment generation in India through long-term investment commitments of the European …

Beyond Trending: What is coercive diplomacy? 

Beyond Trending: What is coercive diplomacy? 

3 min readNew DelhiUpdated: Jun 5, 2026 05:13 PM IST US President Donald Trump’s effort to forge a peace deal with Iran does not seem to yield a desired result, as Israeli attacks continued across Lebanon despite a US-brokered ceasefire announced after talks in Washington, DC.  Iran has made a ceasefire in Lebanon a condition for any peace deal with the US. At the same time, the two sides traded attacks in the Gulf on Wednesday (June 3, 2026) in one of the most intense bouts of fighting since early April, when a ceasefire halted large-scale hostilities, reported Reuters. What explains the prevailing situation in the US-Israel war on Iran, where a combination of military pressure and diplomatic negotiations fails to yield a desired result? The concept of coercive diplomacy, in part, helps understand this.  Coercive diplomacy The notion of coercive diplomacy, which became popular during the Cold War era, denotes the calculated use of threats and force to influence an opponent’s decision. Thomas Schelling and Alexander George, two noted scholars of international relations, are …

West Asia war: Singapore pips UAE as India’s second largest export destination | Business News

West Asia war: Singapore pips UAE as India’s second largest export destination | Business News

3 min readNew DelhiMay 17, 2026 05:21 AM IST India’s trade flows have begun shifting amid the prolonged closure of the Strait of Hormuz since March, as traders have begun finding alternate routes to export goods amid disruption in trade with countries in the West Asia region, an analysis of data shared by the Commerce and Industry Ministry showed. The most notable shift in trade routes was seen in the two transshipment hubs that India has free trade agreements (FTA) with – UAE and Singapore. Replacing UAE, Singapore became India’s second largest export market in April, registering a five-fold jump compared to February. The Strait of Hormuz was closed on March 2.  While exports to Singapore surged by 180% in April to $3.20 billion compared to $1.14 billion a year ago, exports to UAE slipped by 36% to $2.18 billion last month compared to $3.43 billion a year ago. Exports from Singapore have been rising month-on-month too since February amid the disruption in trade with UAE. On the import side too, the West Asia war …

Amid West Asia crisis, government bans sugar exports until September 30 | Business News

Amid West Asia crisis, government bans sugar exports until September 30 | Business News

3 min readNew DelhiMay 14, 2026 01:57 AM IST The Directorate General of Foreign Trade (DGFT) late on Wednesday prohibited export of raw, white and refined sugar with immediate effect till September 30 amid inflation and future supply-related concerns in the backdrop of the ongoing West Asia conflict. The prohibition will not apply to sugar exports to the European Union and the US under the preferential quota, the notification said. The prohibition on sugar exports will also not apply to the advance authorisation scheme (AAS), government-to-government exports, and consignments already in the physical export pipeline, it stated. The decision to ban sugar exports is seen more as a precautionary move, given the finely balanced supply and stocks position. Sugar production in the 2025-26 season (October-September) has been estimated at about 275 lakh tonnes . With opening stocks of 50 lakh tonnes, the total availability of 325 lakh tonnes can comfortably meet the projected domestic consumption requirement of 280 lakh tonnes. It will leave the closing stocks of sugar at 45 lakh tonnes, which is the …

Fiscal stress a reality, focus to stay on capex: Expenditure Secretary | Business News

Fiscal stress a reality, focus to stay on capex: Expenditure Secretary | Business News

3 min readNew DelhiMay 2, 2026 05:28 AM IST Fiscal stress is “very much a reality” and there could be lots of stress points going ahead amid the ongoing West Asia conflict, but the government is focused on spending on priority sectors and capital expenditure, which will continue to be at the budgeted level of Rs 12.2 lakh crore, Expenditure Secretary Vumlunmang Vualnam said on Friday. Stating that the LPG crisis has been a “challenging situation” with India importing about 60% of its requirement, of which 90% comes through Strait of Hormuz that has been impacted by the disturbance, Vualnam said the government has been proactive in tackling these situations. However, there are also “systemic constraints” where one cannot really tackle off or wipe away all the impacts which are there, the Secretary said. For instance, beyond LPG, the cut in excise duties will also have a fiscal impact, he said. “So, the fiscal stress is indeed very much a reality. But at the same time, the priority sectors, for example, the capex could really …