{"id":86927,"date":"2026-03-02T00:00:00","date_gmt":"2026-03-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/?post_type=issue&#038;p=86927"},"modified":"2026-03-02T15:27:46","modified_gmt":"2026-03-02T15:27:46","slug":"war-hits-the-region-risks-for-india","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/mena-india\/issues\/war-hits-the-region-risks-for-india\/","title":{"rendered":"War hits the region, risks for India"},"content":{"rendered":"<section id=\"86929\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"86929\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/this-afternoon-india-and-canada-set-usd-50-bn-trade-target-by-2030-amid-trade-talks\/\">\r\n                            Modi, Carney set USD 50 bn trade target by 2030 amid trade talks                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/this-afternoon-india-and-canada-set-usd-50-bn-trade-target-by-2030-amid-trade-talks\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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But first, a few quick notices before we dive into the story dominating headlines across the globe.<\/p>\n<p style=\"padding-top:3pt;margin:0;padding-left:0;padding-bottom:3pt;line-height:1.15;orphans:2;widows:2;text-align:left;padding-right:0\"><strong>A QUICK PROGRAMMING NOTE- <\/strong>EnterpriseAM MENA<>India will be off on Wednesday as India celebrates Holi, the festival of colors. We wish a happy holiday to those of you celebrating, and we will be back in your inboxes on Friday.<\/p>\n<p class=\"tag-border-left\">From The Dept. of Minor Inconveniences<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our website is down:<\/strong> <a target=\"_blank\" href=\"http:\/\/enterpriseam.com\" style=\"\" rel=\"noopener\">EnterpriseAM.com<\/a> is one of the many, many services hosted on Amazon Web Services out of the UAE. The data center that hosts our site \u2014 and the apps and websites of dozens of other brands you know \u2014 was damaged after \u201cobjects hit\u201d it, reportedly starting a fire and leading to a power outage. Our site has been down since mid-afternoon on Sunday and we\u2019re yet to hear from Amazon when we can expect it to be back up.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Watch this space <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>DIPLOMACY<\/strong><strong> \u2014<\/strong> <strong>Canadian Prime Minister Mark Carney and Narendra Modi<\/strong> agreed to increase bilateral trade to USD 50 bn by 2030 as the two sides accelerate negotiations on a Comprehensive Economic Partnership Agreement (CEPA), the two leaders said in a joint <a target=\"_blank\" href=\"https:\/\/x.com\/narendramodi\/status\/2028370900278747362?s=20\" style=\"\" rel=\"noopener\">press conference<\/a>. Carney is currently in India as Ottawa and New Delhi seek to reset bilateral ties, which have been strained since 2023. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Energy and defence cooperation: <\/strong>The two leaders announced a long-term nuclear agreement and launched a strategic energy partnership covering wind, solar, and hydrogen. They also agreed to hold a renewable energy storage summit. The two countries aims to deepen defence cooperation and establish a structured defence dialogue.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Technology + education: <\/strong>The visit covered new university partnerships and an agreement allowing Canadian universities to open campuses in India. The two governments also committed to expanding in AI, digital public infrastructure, and other emerging technologies, alongside deeper cooperation on talent mobility and research partnerships, according to a statement from the <a target=\"_blank\" href=\"https:\/\/www.pm.gc.ca\/en\/news\/news-releases\/2026\/03\/02\/prime-minister-carney-secures-ambitious-new-partnership-india-focused#:~:text=The%20launch%20of%20the%20new,Indian%20Institute%20of%20Science%20Education\" style=\"\" rel=\"noopener\">Prime Minister of Canada<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>For Gulf energy producers and sovereign investors, the India-Canada reset adds another layer to New Delhi\u2019s strategy of diversifying nuclear fuel, clean energy, and technology supply chains. The USD 50 bn trade and planned CEPA broaden India\u2019s external economic alignment at a time when capital and energy flows across the India-GCC corridor remain central to India\u2019s economic growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>M&A \u2014 <\/strong><strong>Emirates<\/strong><strong> NBD encounters stiff competition in India\u2019s biggest bank sale:<\/strong> Canada\u2019s Fairfax Financial has emerged as the frontrunner to acquire a 61% stake in Indian state-owned IDBI Bank \u2014 a roughly USD 8.1 bn transaction at current prices and potentially the largest foreign investment in India\u2019s banking sector, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-27\/fairfax-said-to-lead-race-for-8-billion-india-bank-stake-sale?embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing people it says are familiar with the matter. Fairfax, led by Indian-born Canadian b\u2019naire Prem Watsa, is said to be ahead in advanced talks, though no agreement has been signed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>As we\u2019ve <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/12\/09\/enbd-to-bid-for-usd-7-1-bn-stake-sale-of-state-owned-idbi-bank\/\" style=\"\" rel=\"noopener\">previously reported<\/a>, Emirates NBD had secured fit-and-proper clearance from India\u2019s central bank in December. The Dubai lender is also working on its <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/04\/enbds-rbl-bank-bid-hit-regulatory-review-qatar-announces-10-year-residency-scheme\/\" style=\"\" rel=\"noopener\">USD 3 bn RBL Bank acquisition<\/a>, with <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/19\/this-morning-emirates-nbd-looks-to-fold-india-branches-into-rbl-adnoc-reportedly-exits-india-refinery-project\/\" style=\"\" rel=\"noopener\">plans<\/a> to fold its Indian branches into RBL as it builds a longer-term platform in India\u2019s expanding credit market, the sources said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The bigger picture? Gulf capital is leaning further into Indian finance.<\/strong> Abu Dhabi\u2019s IHC acquired a controlling stake in Sammaan Capital for USD 1 bn <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/31\/ihc-sells-modon-stake-closer-to-acquiring-stake-in-indias-sammaaan-capital\/\" style=\"\" rel=\"noopener\">last year<\/a>, signaling a regional appetite for the sector. Separately, the UAE and India <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/20\/uae-india-agreement-blitz\/\" style=\"\" rel=\"noopener\">signed new agreements<\/a> this year targeting USD 200 bn in bilateral trade by 2032, while India and the GCC formally launched negotiations <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/06\/india-gcc-trade-agreement-coming\/\" style=\"\" rel=\"noopener\">last month<\/a> toward a trade pact.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">YOU\u2019RE READING EnterpriseAM MENA <> India, your C-suite briefing on the movement of trade, investment, people, and ideas along one of the world\u2019s most exciting corridors. Every Monday, Wednesday, and Friday at 2:30 pm UAE, we dive deep into the business, finance, economy, and policy headlines and trendlines that will move markets and set the tone for your day. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this briefing? <\/strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/newsletters\/\" style=\"\" rel=\"noopener\">Tap or click here to sign up without charge for your own<\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/newsletters\/\" style=\"\" rel=\"noopener\">copy.<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> The big story abroad<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The global front pages are all about the regional war and its impact on markets <\/strong><strong>this morning. <\/strong>Between soaring oil prices and a strengthening USD, markets, currencies, and commodities are seeing massive fluctuations as investors look for safety amid all the uncertainty. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Worth reading: <\/strong>The Financial Times is out with a piece looking at <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/31bfc01b-42a8-45f1-85d3-8f973595a456\" style=\"\" rel=\"noopener\">what this all means for the<\/a><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/31bfc01b-42a8-45f1-85d3-8f973595a456\" style=\"\" rel=\"noopener\">global economy<\/a>, while the Wall Street Journal dives into what a <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/khameneis-death-leaves-iran-at-historic-turning-pointwithout-a-clear-successor-b9429104?mod=WSJ_home_supertopperbottom_pos_1\" style=\"\" rel=\"noopener\">post-Khamenei Iran could look like<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>From stocks to oil and logistics<\/strong>, we dive into what this all means for us at home.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> Market watch<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong>Opec+ is adding barrels to global su<\/strong><strong>pply in April<\/strong><strong>: <\/strong>Opec+ agreed to resume production increases next month, with key members agreeing to 206k bbl \/ d after pausing hikes in 1Q, according to a <a target=\"_blank\" href=\"https:\/\/www.opec.org\/pr-detail\/1619593-1-march-2026.html\" style=\"\" rel=\"noopener\">statement<\/a>. This comes as turmoil rattles the Middle East, regional output faces threats, traffic in Hormuz is halted, and talk of oil reaching triple digits surfaces. Middle Eastern leaders have warned the US that a war on Iran could push oil prices above USD 100 \/ bbl, RBC\u2019s Helima Croft told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-debates-oil-output-boost-us-war-iran-disrupts-shipments-2026-03-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a>, with Barclays analysts penciling in the same level.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi is already leaning in<\/strong>, with more Murban heading to the market in April, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-27\/abu-dhabi-offers-more-oil-to-partners-in-countdown-to-opec-meet\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing anonymous sources. Adnoc offered additional volumes to partners in the onshore concession \u2014 some of which have already flipped extra cargoes into the spot market. The exact size and distribution of the incremental supply remain unclear.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A supply flex, but with limits?<\/strong> Key members had paused a series of hikes earlier this year before restarting them now \u2014 and some, including Saudi Arabia, Iraq, Kuwait, and the UAE, already began ramping up exports last month. Formal quotas may not capture the full response. The group\u2019s spare capacity sits largely with Saudi and the UAE, totaling some 2.5 mn bbl \/ d. Some analysts <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-01\/opec-agrees-in-principle-to-206k-b-d-hike-for-april-delegates?srnd=phx-industries-energy\" style=\"\" rel=\"noopener\">argue<\/a> that even that cushion may be overstated.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> Circle your calendar<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/emirates-nbd\/\">Emirates NBD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/idbi-bank\/\">IDBI Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/india-canada\/\">India Canada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86931\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"86931\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">WAR WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/war-hits-the-gcc-with-knock-down-effect-for-the-india-trade-corridor\/\">\r\n                            Amid strikes and closures in the GCC, Indian energy security is at risk                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/war-hits-the-gcc-with-knock-down-effect-for-the-india-trade-corridor\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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India\u2019s interests span oil trade, regional stability and the Chabahar Port project in Iran.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s cabinet committee for security (CCS) \u2014 the highest level ministerial body for security matters chaired by the prime minister<\/strong> <strong>\u2014 held an impromptu meeting <\/strong>on Sunday to discuss the fall out from the MENA conflict. It discussed the ripple effects on regional security, trade, and the economy while directing government officials to aid stranded travellers and students.<\/p>\n<p class=\"tag-border-left\">Where do things stand this afternoon? <\/p>\n<ul>\n<li><strong>Top Iranian military and political officials<\/strong>, including the defense minister and commander of the Armed Revolutionary Corps, <strong>were killed<\/strong> in Saturday\u2019s strikes alongside Supreme Leader Khamenei;<\/li>\n<li><strong>A three-man council<\/strong> including Iranian President Masoud Pezeshkian will <strong>run the country during a transitional period<\/strong> until a new supreme leader is chosen;<\/li>\n<li><strong>Strikes on Iran will continue \u201cthroughout the week or as long as necessary<\/strong>,\u201d US President Donald Trump said, adding he \u201cagreed to talk\u201d to the new Iranian leadership;<\/li>\n<li><strong>Oman has been dragged into the conflict <\/strong>after its Duqm port was hit by drones;<\/li>\n<li><strong>Israel <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israeli-military-says-projectiles-were-fired-lebanon-2026-03-01\/\" style=\"\" rel=\"noopener\">targeted<\/a><\/strong><strong> Beirut and southern Lebanon overnight <\/strong>after Hezbollah fired several missiles at Israel on Sunday. These strikes killed 31 people and injured 149, according to Lebanon's Health Ministry;<\/li>\n<li><strong>Saudi Aramco\u2019s Ras Tanura refinery has <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-02\/saudi-arabia-s-ras-tanura-refinery-shuts-down-after-drone-attack\" style=\"\" rel=\"noopener\">reportedly<\/a><\/strong><strong> paused operations following <\/strong>an Iranian strike near the area. It processes 550k bbl \/ d of crude and was shut for damage assessment;<\/li>\n<li><strong>An undisclosed number of US warplanes crashed in Kuwait this morning,<\/strong> according to Kuwait\u2019s Ministry of Defence. The ministry <a target=\"_blank\" href=\"https:\/\/x.com\/KuwaitArmyGHQ\/status\/2028374052260245633\" style=\"\" rel=\"noopener\">statement<\/a> said that the crews survived and are undergoing medical treatment; <\/li>\n<li><strong>Several commercial vessels<\/strong> around the Strait of Hormuz were attacked yesterday, prompting ships and tankers to stay away for the time being. <\/li>\n<li><strong>The UK has <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cqj9g11p1ezo\" style=\"\" rel=\"noopener\">agreed<\/a><\/strong> to let the US use British military bases for \u201cdefensive\u201d strikes on Iranian missile sites;<\/li>\n<li><strong>European powers Germany, France, and the UK<\/strong> have <a target=\"_blank\" href=\"https:\/\/www.gov.uk\/government\/news\/joint-e3-leaders-statement-on-iran-1-march-2026\" style=\"\" rel=\"noopener\">affirmed<\/a> their readiness to target Iran\u2019s missile and drone launch capabilities;<\/li>\n<li><strong>Three US troops were reportedly killed and five wounded<\/strong> in Kuwait. A missile struck a bunker in Israel, killing at least nine and wounding dozens.<\/li>\n<\/ul>\n<p class=\"tag-border-left\">Hormuz supply in dire straits<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s energy security is under acute strain after a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-01\/latest-oil-market-news-and-analysis-for-march-2\" style=\"\" rel=\"noopener\">near-total halt of liquified natural gas (LNG) traffic through the Strait of Hormuz<\/a><\/strong><strong> this morning. <\/strong>At least 13 tankers, including from Qatar and the UAE, have been diverted or halted, raising concerns over near-term cargo availability. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Any<\/strong><strong> disruption on the strait poses immediate macroeconomic risks for India<\/strong>, with an estimated 35-50% of its crude imports transiting the chokepoint, Ajay Srivastava, founder of the Global Trade Research Initiative, told EnterpriseAM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does this<\/strong> <strong>mean<\/strong><strong> for India? <\/strong>Higher freight and ins. costs, delayed cargoes, a widening current account deficit, and pressure on fuel prices, Srivastava tells us. India is among the largest buyers of Qatari LNG, with Doha ranking as its top long-term supplier. Qatar <a target=\"_blank\" href=\"https:\/\/m.economictimes.com\/industry\/energy\/oil-gas\/iran-crisis-threatens-worst-disruption-in-gas-markets-since-2022\/articleshow\/128906583.cms\" style=\"\" rel=\"noopener\">exported<\/a> 82.2 mn tonnes of LNG in 2025, with Asia absorbing more than 80% of volumes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In price terms: <\/strong>Even a limited conflict could add USD 5-20 per barrel to Brent, while a prolonged shipping blockade could push prices above USD 90-100, amplifying inflationary pressures globally, Srivastava says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Alternate suppliers? <\/strong>While Indian refiners can diversify toward Russia, the US, West Africa, and Latin America, or draw on strategic reserves, these alternatives involve longer routes and higher landed costs, Srivastava said, noting India\u2019s structural exposure to Gulf energy flows.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A USD 10<\/strong><strong> per bbl<\/strong><strong> rise in average crude prices is expected to increase India's annual import bill by USD 13-14 bn<\/strong>, Prashant Vashisht, senior vice president of corporate ratings at ratings agency ICRA, told EnterpriseAM. While alternative sources exist, they carry elevated freight rates in addition to ins. costs for ships sailing close to these regions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A global domino effect: <\/strong>With 20% of the global LNG supply effectively stranded behind a 33-km-wide chokepoint, India\u2019s gas supplies have lost a critical supply source. Goldman Sachs warns spot prices could jump 130% to USD 25 per MMBtu of natural gas if this conflict lasts a month \u2014 possibly hammering margins for energy-intensive sectors across the corridor.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>Spot Asian LNG prices may spike if the disruption persists, while higher crude-linked contract prices would further strain India\u2019s import bill and current account. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- <\/strong><strong>Indian refiners have<\/strong><strong><a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/industry\/energy\/oil-gas\/iran-conflict-india-boosts-lpg-production-as-strait-of-hormuz-disruptions-hit-supplies\/articleshow\/128926105.cms\" style=\"\" rel=\"noopener\"><\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/industry\/energy\/oil-gas\/iran-conflict-india-boosts-lpg-production-as-strait-of-hormuz-disruptions-hit-supplies\/articleshow\/128926105.cms\" style=\"\" rel=\"noopener\">increased cooking gas production to offset supply disruptions<\/a><\/strong> at the Strait of Hormuz. India\u2019s Petroleum and Natural Gas Ministry has <a target=\"_blank\" href=\"https:\/\/www.thehindubusinessline.com\/markets\/commodities\/indian-refiners-eye-russian-crude-again-as-iran-crisis-hits-supply\/article70694004.ece\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.thehindubusinessline.com\/markets\/commodities\/indian-refiners-eye-russian-crude-again-as-iran-crisis-hits-supply\/article70694004.ece\" style=\"\" rel=\"noopener\">reportedly<\/a> met with senior executives from energy companies to discuss contingency plans.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India could also potentially increase crude oil imports from Russia.<\/strong> The country\u2019s crude supplies from Russia have seen a decline over the past few weeks amid US pressure. Imports were projected to decrease by 24% in February. A shift away from Russian crude had so far benefited MENA suppliers, as Indian refiners had started picking more barrels from the UAE, Saudi Arabia, and Iraq in December and January.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Ins. companies pull the plug <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>General<\/strong><strong> Ins. Corporation of India (GIC Re), the largest state-owned reins. company, will cease covering marine hull war risks in designated high-risk regions<\/strong> beginning tomorrow evening, <a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/industry\/news\/gic-re-to-stop-marine-war-risk-cover-in-high-risk-regions-126030200107_1.html\" style=\"\" rel=\"noopener\">Business Standard<\/a> reports. The revised high-risk areas include Pakistani waters, the Arabian Gulf, the Gulf of Oman, parts of the Black Sea, stretches of the Indian Ocean, the Gulf of Aden, and the southern Red Sea, as well as Iran and other sanctioned states. Breach-of-warranty protections will not apply, forcing shipowners to reassess coverage.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>India's state owned GIC Re has joined the international Ins. brokers that have increased coverage costs or cancelled contracts with shipping lines across the world. This is likely to have knock-on effects for broader MENA<>India trade ties going beyond the disruptions in energy supplies, as shipping and ins. costs will surge significantly alongside the potential cancellation of ship movement in high risk areas. <\/p>\n<p class=\"tag-border-left\">Over on the stock market <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Indian stock markets stumbled on Monday, with the Nifty 50 and BSE Sensex both dropping over 1.2% on the back of investors fleeing to safe havens.<\/strong> The sell-off was broad, with 15 out of 16 major sectors logging losses, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/inida-stocks-indian-shares-set-lower-open-middle-east-conflict-dents-risk-2026-03-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Larsen & Toubro, which has heavy Middle East exposure, dropped 5.2%. <\/strong>Oil-sensitive industries like aviation and paint manufacturers also saw steep drops. On the flip side, energy major ONGC and Oil India both gained 0.5% as rising crude prices are expected to boost revenues for these firms. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- <\/strong>Defence stocks <a target=\"_blank\" href=\"https:\/\/www.cnbctv18.com\/photos\/market\/stock-market-sell-off-nifty-sensex-fall-lran-war-impact-ongc-indigo-kec-lt-krbl-share-price-19860544-8.htm\" style=\"\" rel=\"noopener\">marked significant gains<\/a>, with Paras Defence and IdeaForge surging over 10%, while Bharat Dynamics and IdeaForce rose by up to 4%. Bharat Dynamics and IdeaForce both corrected some of these gains in mid-day trading. <\/p>\n<p class=\"tag-border-left\">Aviation impact and evacuations<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Retaliatory attacks from Iran have paralyzed one of the world\u2019s busiest aviation corridors<\/strong>, with Dubai International Airport remaining shut <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2026\/02\/28\/middleeast\/dubai-airport-uae-iran-attacks-intl-hnk\" style=\"\" rel=\"noopener\">after a reported strike<\/a>. More than 2.7k flights have been cancelled globally and over 12k delayed. Over 300 flights to and from India were <a target=\"_blank\" href=\"https:\/\/www.moneycontrol.com\/world\/west-asia-conflict-over-1-000-flights-hit-as-global-airlines-suspend-routes-indian-carriers-cancel-300-article-13847564.html\" style=\"\" rel=\"noopener\">cancelled<\/a> over the weekend and thousands of passengers have been stranded, including hundreds on India routes. Air India, IndiGo, Akasa Air, Qatar Airways, and Emirates have all suspended flights to various locations in the Gulf as of this afternoon, making evacuation of India\u2019s mns of migrant workers near impossible. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Indian expats in the GCC:<\/strong> An Indian national was among 58 foreign workers <a target=\"_blank\" href=\"https:\/\/x.com\/IndembAbuDhabi\/status\/2028127018886590524?s=20\" style=\"\" rel=\"noopener\">injured<\/a> in an Iranian strike against the UAE. Over <a target=\"_blank\" href=\"https:\/\/www.mea.gov.in\/lok-sabha.htm?dtl\/38032\/QUESTION_NO818_LABOURERS_EMPLOYED_IN_MIDDLE_EASTERN_COUNTRIES\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.mea.gov.in\/lok-sabha.htm?dtl\/38032\/QUESTION_NO818_LABOURERS_EMPLOYED_IN_MIDDLE_EASTERN_COUNTRIES\" style=\"\" rel=\"noopener\">9 mn skilled and unskilled Indian-origin migrant workers<\/a> are employed across GCC countries \u2014 3.5 mn in the UAE, 2.6 mn in Saudi Arabia, 1 mn in Kuwait, and the rest spread across Bahrain, Qatar, and Oman. Israel employed some <a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/nri\/work\/israel-set-to-allow-50000-more-indian-workers-by-2030\/articleshow\/128823821.cms?from=mdr\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/nri\/work\/israel-set-to-allow-50000-more-indian-workers-by-2030\/articleshow\/128823821.cms?from=mdr\" style=\"\" rel=\"noopener\">20k Indian workers<\/a> as of August 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India has not given any signal of evacuating these workers and is only advising them to<\/strong><strong><a target=\"_blank\" href=\"https:\/\/x.com\/IndembAbuDhabi\/status\/2027683649215467748\" style=\"\" rel=\"noopener\"><\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/x.com\/IndembAbuDhabi\/status\/2027683649215467748\" style=\"\" rel=\"noopener\">maintain safety precautions<\/a><\/strong>, though a further escalation in the strikes against GCC countries could prompt some of them to flee. India has already advised <a target=\"_blank\" href=\"https:\/\/www.indianembassytehran.gov.in\/\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.indianembassytehran.gov.in\/\" style=\"\" rel=\"noopener\">10k nationals, including students and workers, to evacuate Iran<\/a> by any means available. With airports closed and all major airlines canceling flights, any evacuation must be state-led, which means the Indian Navy and Air Force would have to step in.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Adani port operational in Haifa <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite the escalating conflict, the Adani Group <\/strong><strong>confirmed<\/strong><strong> that its jointly operated Haifa port in Israel remains <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.aninews.in\/news\/business\/haifa-port-employees-safe-assets-and-infra-fully-secure-and-operational-adani-group20260301142509\/?amp=1\" style=\"\" rel=\"noopener\">fully secure and operational<\/a><\/strong><strong>.<\/strong> The port\u2019s employees are safe and the infrastructure is completely intact and functional, the company said in a statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Context:<\/strong> Over the weekend, Iran launched retaliatory drone and missile attacks at Israel \u2014 including the Haifa area. While the port is running normally, Adani's statement did not specify whether any projectiles actually landed on port grounds<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/india-focus\/\">India Focus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/india-gcc\/\">India-GCC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/india-uae-corridor\/\">India-UAE Corridor<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/strait-of-hormuz\/\">Strait of hormuz<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/war-watch\/\">War watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86933\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"86933\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/modi-jaishankar-step-up-israel-gulf-outreach-as-oil-rises\/\">\r\n                            India ramps up Israel-Gulf outreach amid oil and shipping risks                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/modi-jaishankar-step-up-israel-gulf-outreach-as-oil-rises\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/api.whatsapp.com\/send?text=Modi%2C+Jaishankar+step+up+Israel-Gulf+outreach+as+oil+rises+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2026%2F03%2F02%2Fmodi-jaishankar-step-up-israel-gulf-outreach-as-oil-rises%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/modi-jaishankar-step-up-israel-gulf-outreach-as-oil-rises\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/97.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86934\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/modi-jaishankar-step-up-israel-gulf-outreach-as-oil-rises\/97-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/97.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"97.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/97.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/97.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86933\" class=\"content-area-description single-story post-86933 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-energy tag-enterpriseam-india tag-india-israel tag-india-gcc-corridor tag-oil tag-strait-of-hormuz wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>India<\/strong><strong> has stepped up diplomatic outreach to Israel and the UAE as tensions escalate in the Middle East<\/strong>, with Prime Minister Narendra Modi and External Affairs Minister S Jaishankar calling for de-escalation amid rising oil prices and risks to Gulf shipping lanes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Israel outreach:<\/strong> Modi held a telephone call with Israeli Prime Minister Benjamin Netanyahu to discuss the regional situation, conveying India\u2019s concerns and calling for prioritizing civilian safety and an early halt to hostilities, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/narendramodi\/status\/2028194037828817119?s=20\" style=\"\" rel=\"noopener\">post on X<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dialing MBZ: <\/strong>Modi also spoke with UAE President Sheikh Mohamed bin Zayed Al Nahyan, condemning the attacks on the UAE, without naming Iran, and expressing solidarity, as well as reiterating India\u2019s support for de-escalation and regional stability, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/narendramodi\/status\/2028167459937959989?s=20\" style=\"\" rel=\"noopener\">post on X<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the flip side: <\/strong>India has not issued an official statement on the killing of Iran\u2019s leader Ali Khamenei.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Foreign minister\u2019s outreach: <\/strong>Jaishankar spoke with Iranian Foreign Minister Seyed Abbas Araghchi and Israeli Foreign Minister Gideon Sa'ar, conveying India\u2019s deep concern over the situation, he said in a <a target=\"_blank\" href=\"https:\/\/x.com\/DrSJaishankar\/status\/2027785905881461139?s=20\" style=\"\" rel=\"noopener\">post on X<\/a>. He also held talks with the foreign ministers of Saudi Arabia, the UAE, Kuwait, and Bahrain, as well as Qatar\u2019s prime minister, with discussions focused on regional stability, <a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/news\/india\/eam-s-jaishankar-talks-to-iranian-israeli-gulf-fms-amid-west-asia-tensions\/printarticle\/128925820.cms\" style=\"\" rel=\"noopener\">Economic Times<\/a> reports.<\/p>\n<p class=\"tag-border-left\">Why it matters <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Balancing the boat:<\/strong> India maintains formal strategic partnerships with five of the six Gulf Cooperation Council countries and continues to deepen defence and technology cooperation with Israel. Simultaneously, New Delhi remains engaged with Tehran, notably through its involvement in the Chabahar port project. Official messaging from the Ministry of External Affairs has consistently stressed the need for restraint, dialogue, and the protection of civilians.<\/p>\n<p class=\"tag-border-left\">Domestic criticism <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/issues\/modi-israel-visit\/\" style=\"\" rel=\"noopener\">Prime Minister Modi\u2019s visit to Israel<\/a><\/strong><strong> \u2014 just hours before joint US and Israeli strikes \u2014 was marked by bonhomie with Benjamin Netanyahu.<\/strong> This has triggered domestic criticism, with opposition parties in India questioning the timing of the visit and alleging that it \u201ccreates a perception of partisan alignment and tacit endorsement\u201d of the military action, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/kharge\/status\/2028141696165507373?s=20\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/x.com\/kharge\/status\/2028141696165507373?s=20\" style=\"\" rel=\"noopener\">statement<\/a> issued by the Indian National Congress.<\/p>\n<p class=\"tag-border-left\"> Our take <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India is likely to maintain a neutral diplomatic stance in the war<\/strong>, calling for de-escalation due to fears of an economic backlash from a prolonged conflict. While Modi\u2019s political base largely approves of closer ties with Israel, the recent visit and the lack of condemnation over the killing of Khamenei are likely to cause medium-term diplomatic fissures with Iran, whose foreign minister publicly called Modi\u2019s visit \u201cunfortunate.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/energy\/\">ENERGY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/india-israel\/\">India Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/india-gcc-corridor\/\">India-GCC Corridor<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/oil\/\">oil<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/strait-of-hormuz\/\">Strait of hormuz<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86935\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"86935\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/emirates-skycargo-adding-two-india-freighters\/\">\r\n                            Emirates SkyCargo adds two weekly freighters to India                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/emirates-skycargo-adding-two-india-freighters\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/emirates-skycargo-adding-two-india-freighters\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/emirates-skycargo-adding-two-india-freighters\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Emirates SkyCargo adding two India freighters&url=https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/emirates-skycargo-adding-two-india-freighters\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/emirates-skycargo-adding-two-india-freighters\/&title=Emirates SkyCargo adding two India freighters\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Emirates+SkyCargo+adding+two+India+freighters+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2026%2F03%2F02%2Femirates-skycargo-adding-two-india-freighters%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/emirates-skycargo-adding-two-india-freighters\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/95.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86936\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/emirates-skycargo-adding-two-india-freighters\/95-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/95.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"95.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/95.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/95.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86935\" class=\"content-area-description single-story post-86935 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-emirates-skycargo tag-enterpriseam-india tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.skycargo.com\/\" style=\"\" rel=\"noopener\">Emirates<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.skycargo.com\/\" style=\"\" rel=\"noopener\">SkyCargo<\/a><\/strong><strong> will deploy two additional weekly freighters to India starting March 2026<\/strong>, expanding cargo capacity between the UAE and Mumbai and Ahmedabad, according to a <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/emirates-skycargo-deploys-two-additional-freighters-to-india-expanding-capacity-to-cater-to-increased-demand\/\" style=\"\" rel=\"noopener\">statement<\/a>. A new weekly service to Mumbai will begin on 4 March 2026, operating on a Dubai-Singapore-Mumbai routing. A second weekly freighter will operate directly between Dubai and Ahmedabad.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Existing footprint: <\/strong>The carrier currently operates three weekly freighters to India \u2014 one to Mumbai and two to Ahmedabad \u2014 alongside bellyhold capacity on 167 passenger services to nine gateways, moving about 3k tonnes weekly from India.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/emirates-skycargo\/\">Emirates SkyCargo<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/trade\/\">Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86937\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"86937\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/wall-street-goes-haven-first-as-middle-east-tensions-rattle-risk-appetite\/\">\r\n                            Haven first                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/wall-street-goes-haven-first-as-middle-east-tensions-rattle-risk-appetite\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Meanwhile, Barclays strategists cautioned against rushing to buy equities on weakness, arguing the risk-reward \u201cdoesn\u2019t seem compelling\u201d yet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emerging markets could fall out of favor<\/strong>, after briefly being a major wager for the world\u2019s largest asset managers, who wished to rotate away from the USD and developed-market assets as policy uncertainty clouds the US outlook. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some expect Treasuries to rally and yields to fall on safe-haven demand.<\/strong> However, a sustained oil spike could complicate the Fed\u2019s path by stoking inflation and prompting a more cautious stance on rate cuts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil is the swing factor: <\/strong>Traders are watching energy markets \u2014 especially the Strait of Hormuz \u2014 as strategists warn that if shipping is disrupted, \u201call [wagers] are off\u201d for risk assets. Even the threat of prolonged turmoil is enough to push money managers toward safety.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asia may feel the shock first: <\/strong>Saxo Bank\u2019s Charu Chanana expects a risk-off open, with pressure on airlines, cyclicals, and trade-exposed sectors, while energy, mining, and defense could prove more resilient, according to an emailed note seen by EnterpriseAM. Higher crude prices, she notes, reflect the cost of moving barrels just as much as fuel prices themselves, with war-risk premia and ins. repricing keeping prices sticky.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gold is another clean hedge in the crossfire:<\/strong> It can act as both geopolitical ins. and an inflation buffer \u2014 and, as Saxo notes, it can rise alongside a firm USD in classic risk-off fashion. Chanana also pointed to defense and other security-linked industries as essential classes, along with gold, to hedge against ever-increasing geopolitical risks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKETS THIS MORNING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Asia-Pacific markets started off the week in the red as investors ditch their stocks for safe-haven assets as the escalating regional war shows little signs of calming down. The Hang Seng was looking at the steepest losses in early trading this morning. Over on Wall Street, it\u2019s more or less the same, with futures down. Gold futures, meanwhile, are up.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Sensex<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">80,099<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.4% (YTD: -6.01%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>NIFTY 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">24,826<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.4% (YTD: -5.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,453<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.3% (YTD: +4.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6,503<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.8% (YTD: +7.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,376<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.9% (YTD: -0.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EGX30<\/strong> <\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">48,067<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +10.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Boursa Kuwait<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">7,789<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.6% (YTD: -4.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>QSE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,640<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-3.7% (YTD: +2.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6,878<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.4% (YTD: +0.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,823<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.8% (YTD: +9.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6,016<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.9% (YTD: +5.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 78<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+7.9% <\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.0 <\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+5% <\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 5393<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+2.2% <\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 66,366<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1% <\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">The values in the table above are listed according to the market position as of 3:30pm IST \/ 2pm GST.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86939\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/02\/86939\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86939\" class=\"content-area-description single-story post-86939 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4 March (Wednesday): Holi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-10 March (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mcciapune.com\/events\/events-detail-page\/2534\/\" style=\"\">Pune International Business Summit<\/a><\/span><span style=\"font-weight:400;\">, Pune.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12 March (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/b2b.economictimes.indiatimes.com\/entrepreneur-summit?ag=events_listing&utm_source=events_listing&utm_medium=eventListing\" style=\"\">ET Entrepreneur Summit & Awards 2026<\/a><\/span><span style=\"font-weight:400;\">, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-22 March (Thursday-Sunday): Bharat Urja Manthan - <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.globalenergyconclave.com\/\" style=\"\">Global Energy Conclave<\/a><\/span><span>, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">20 March (Friday): Eid Ul-Fitr.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 March (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/indiasoft.org\/delegates-registration\/\" style=\"\">Indiasoft 2026: International IT Exhibition & Conference<\/a><\/span><span style=\"font-weight:400;\">, New Delhi<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 March (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.smartcitiesindia.com\/\" style=\"\">Smart Cities Expo<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 March (Monday-Wednesday):<\/span> <span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/plastiworld.org\/\" style=\"\">PLASTIWORLD India<\/a><\/span><span style=\"\"> 2026, Jio World <\/span><span>Convention<\/span><span style=\"font-weight:400;\"> Centre, Mumbai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">27-29 March (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apac01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fmail.mgovcloud.in%2Fzm%2FreUrlCheck.do%3Furl%3Dhttp%253A%252F%252Fwww.vizagintexpo.in%252F%26uvd%3D080112bf019b3c3f5b8d96772623e66cf60000c79a89ab28c11ccba178e8a753851db6fed31ba243a1dce82b128c3893a0a8593dd6aee53890ac9756b8795f5cfe1e3223b8ad1e21ae6e0ba26b7e90543d55541dc4096cdb12508b2e892f860c344d016e75a03d41fd6da8afb4d8b0b6fd45f5c083307822a56e9d45023ec776f52e5d9b5c3295adcad4c606d60d1cca7655b48b5398d9ae22b6654aebab9533273d12b69c8d7b712f7342331907331733664b8195e14a1435d3fee95933dc2d687134a1&data=05%7C02%7C%7Ca6447a33cc6141c1fbb108de4f87e40d%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C639035643470650078%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=TDs0uM0jg0dex4dulvpci2FDajNE7VTxVYhHk6N94Jw%3D&reserved=0\" style=\"\">Vizag International SME Business Expo<\/a><\/span><span style=\"\">, <\/span><span style=\"\"><a href=\"https:\/\/www.hcindiatz.gov.in\/wn-10-01-2026-02.php\" style=\"\">Visakhapatnam, Andhra Pradesh.<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">31 March (Tuesday): Mahavir Jayanti.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in March 2026<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Election Commission of India is expected to announce polling dates for elections in the states of Tamil Nadu, Kerala, West Bengal, Assam, and the union territory, Puducherry.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">3 April (Friday): Good Friday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-8 April (Monday-Wednesday): Reserve Bank of India\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_PressReleaseDisplay.aspx?prid=62261\" style=\"\">Monetary Policy Committee Meeting<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-10 April (Tuesday-Friday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indiarubberexpo.in\/\" style=\"\">India Rubber Expo 2026<\/a><\/span><span style=\"font-weight:400;\">, ITPO, Pragati Maidan, Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 April (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.entrepreneurindia.com\/techshow\" style=\"\">Entrepreneur Tech & Innovation Summit 2026<\/a><\/span><span style=\"font-weight:400;\">, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22-24 April (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.renewx.in\/\" style=\"\">RenewX 2026<\/a><\/span><span style=\"font-weight:400;\">, Chennai Trade Centre, Chennai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 April (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conclave.railanalysis.com\/\" style=\"\">Rail & Metro Technology Conclave 2025<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>29 April-2 May (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bharatbuildcon.com\/\" style=\"\">Bharat Buildcon 2026<\/a><\/span><span style=\"font-weight:400;\">, Yashobhoomi, Dwarka, Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>29 April-2 May (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bharatbuildcon.com\/\" style=\"\">Bharat Buildcon 2026<\/a><\/span><span style=\"font-weight:400;\">, Yashobhoomi, Dwarka, Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1 May (Friday): Buddha Purnima.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26 May (Tuesday): Eid Ul-Adha.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/homelandsecurityexpo.in\/datesvenue.php#\" style=\"\">India Homeland Security Expo 2026<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, Pragati Maidan, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26 June (Friday): Muharram.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Signposted to happen sometime in 1H 2026:<\/span><\/p>\n<ul>\n<li><span>Signing of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/india-qatar-trade-deal-by-q3-next-year-piyush-goyal\/articleshow\/124350957.cms\" style=\"\">India-Qatar Free Trade Agreement<\/a><\/span><span style=\"font-weight:400;\"> (Details yet to be announced).<\/span><\/li>\n<li><span>India-EU Trade and Technology Council <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mea.gov.in\/press-releases.htm?dtl\/40336\/Joint_Press_Release_on_the_11th_India__EU_Foreign_Policy_and_Security_Consultations_and_the_6th_IndiaEU_Strategic_Partnership_Review_Meeting_in_Brusse\" style=\"\">Ministerial Meeting 2026<\/a><\/span><span style=\"font-weight:400;\">, Brussels, Belgium.<\/span><\/li>\n<li><span>India to host the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.brics2026.gov.in\/\" style=\"\">BRICS Summit<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JULY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-3 July (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/seafoodexpobharat.com\/index\" style=\"\">Seafood Expo Bharat 2026<\/a><\/span><span style=\"font-weight:400;\">, Chennai Trade Centre, Chennai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-4 July (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.railtransexpo.com\/\" style=\"\">Rail & Transit Expo (RailTrans) 2026<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, New Delhi<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-10 July (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/indiaesa.info\/events\/ongoing-upcoming-events\/india-energy-storage-week-iesw-2026-international-conference-expo\" style=\"\">India Energy Storage Week 2026<\/a><\/span><span style=\"font-weight:400;\">, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-17 July (Tuesday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bharat-tex.com\/\" style=\"\">Bharat Tex 2026<\/a><\/span><span style=\"font-weight:400;\">, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AUGUST <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">15 August (Saturday): Independence Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26 August (Wednesday): Prophet Mohammad\u2019s Birthday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-3 September (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/aclk?sa=L&pf=1&ai=DChsSEwjR1K6gpvGSAxU_pGYCHQZsAUYYACICCAEQABoCc20&co=1&ase=2&gclid=CjwKCAiAkvDMBhBMEiwAnUA9BXlzJ_51NnncbXFGJPknsl9U8fuH_2DYylYR6Njl1Wiro3vTSETD5xoCGwwQAvD_BwE&cid=CAASWeRoxAKDvnN10uiAgADiP_tr-86MYgXL7w9NjAhW4jdTGhvec5zS3oLBMjYOXZ64qxxGvmWVO_5G_EzEFZoHOVFiOomp4ms3w-qvO03Ts6UmEToguhBh-lrZ&cce=2&category=acrcp_v1_32&sig=AOD64_1xqDEmbs2G1Mj41_lmIhdI16_KWQ&q&nis=4&adurl=https:\/\/www.powergen-india.com\/?utm_term%3Dindia%2520energy%2520week%25202026%26utm_campaign%3DWebsite%2Btraffic-Search-Middle%2BEast%26utm_source%3Dadwords%26utm_medium%3Dppc%26hsa_acc%3D1807191727%26hsa_cam%3D22568575893%26hsa_grp%3D190514884962%26hsa_ad%3D784973768390%26hsa_src%3Dg%26hsa_tgt%3Dkwd-2400878034891%26hsa_kw%3Dindia%2520energy%2520week%25202026%26hsa_mt%3Db%26hsa_net%3Dadwords%26hsa_ver%3D3%26utm_term%3Dindia%2520energy%2520week%25202026%26utm_campaign%3DWebsite%2Btraffic-Search-Middle%2BEast%26utm_source%3Dadwords%26utm_medium%3Dppc%26hsa_acc%3D1807191727%26hsa_cam%3D22568575893%26hsa_grp%3D190514884962%26hsa_ad%3D784973768390%26hsa_src%3Dg%26hsa_tgt%3Dkwd-2400878034891%26hsa_kw%3Dindia%2520energy%2520week%25202026%26hsa_mt%3Db%26hsa_net%3Dadwords%26hsa_ver%3D3%26gad_source%3D1%26gad_campaignid%3D22568575893%26gbraid%3D0AAAAADNNyGn8-eBzAmsh-acyTdAdwavkR%26gclid%3DCjwKCAiAkvDMBhBMEiwAnUA9BXlzJ_51NnncbXFGJPknsl9U8fuH_2DYylYR6Njl1Wiro3vTSETD5xoCGwwQAvD_BwE&ved=2ahUKEwilpKOgpvGSAxVzg2MGHXWoGhYQ0Qx6BAgfEAE\" style=\"\">India Energy Week<\/a><\/span><span style=\"font-weight:400;\">, Dwarka, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-11 September (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.globalfintechfest.com\/\" style=\"\">Global Fintech Fest 2026<\/a><\/span><span style=\"font-weight:400;\">, Mumbai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-19 September (Thursday-Saturday) : <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.semiconindia.org\/\" style=\"\">Semicon India Conference 2026<\/a><\/span><span style=\"font-weight:400;\">, Yashobhoomi, Delhi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2 October (Friday): Gandhi Jayanti (Mahatma Gandhi\u2019s Birthday).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">20 October (Tuesday): Dussehra.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">24 November (Tuesday): Guru Nanak Jayanti.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-11 December (Tuesday-Thursday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/expandnorthstar.com\/\" style=\"\">Expand North Star 2026<\/a><\/span><span style=\"font-weight:400;\">, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">25 December (Friday): Christmas Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in 2H 2026:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Monsoon Session of Parliament, New Delhi is expected to be held between July-August. Dates yet to be announced.<\/span><\/li>\n<li><span style=\"font-weight:400;\">Reserve Bank of India\u2019s Monetary Policy Committee meeting for the September cycle. Dates yet to be announced.<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indiamobilecongress.com\/\" style=\"\">India Mobile Congress 2026<\/a><\/span><span style=\"font-weight:400;\">, New Delhi will likely be held in October. Dates yet to be announced.<\/span><\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Plus: India and Canada set USD 50 bn bilateral trade target<\/p>\n","protected":false},"featured_media":86928,"menu_order":0,"template":"","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-86927","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"f714c599-2a3e-4fc2-9835-14bae36359af","teaser":"Plus: India and Canada set USD 50 bn bilateral trade target","photo_url":"https:\/\/ent.news\/2026\/3\/104.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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