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India set to miss FY27 fiscal deficit target as costs rise and spending gets deferred

India set to miss FY27 fiscal deficit target as costs rise and spending gets deferred

India’s fiscal deficit for FY27 is likely to exceed the budgeted target, with BMI projecting it could reach about 4.5% of GDP. The pressure is linked to policy responses to the West Asia conflict, including support for firms, higher energy and fertilizer subsidies, and possible export curbs on critical inputs like helium and sulphur. Infrastructure spending may also be deferred to contain costs.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
IIMA moves Dubai campus students to Ahmedabad amid West Asia conflict emergency

IIMA moves Dubai campus students to Ahmedabad amid West Asia conflict emergency

IIM Ahmedabad has relocated all 35 students from its Dubai campus to its main campus in Ahmedabad as the West Asia conflict escalates. The students were on an internship in Spain when the war began, and will continue their one-year MBA program through in-person classes until conditions in Dubai stabilize.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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India targets Southeast Asia flight deals as West Asia turmoil squeezes airline expansion

India targets Southeast Asia flight deals as West Asia turmoil squeezes airline expansion

India is set to begin talks with Thailand, Vietnam, and Indonesia to increase flight capacity, as the West Asia conflict limits how much Indian airlines can expand. With Southeast Asia a top choice for Indian travellers, more routes and seats could improve travel options and help steady or reduce airfares while diversifying destinations.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Crisil warns West Asia conflict could cut India remittances and strain the current account

Crisil warns West Asia conflict could cut India remittances and strain the current account

Crisil has warned that the West Asia conflict could reduce remittance inflows into India. With around a third of diaspora inflows linked to Gulf Cooperation Council countries, any dip in migrant incomes may widen pressure on India’s current account. The risk arrives as the trade deficit is already under strain, despite India being the world’s largest remittance recipient.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
West Asia conflict slashes India tourism and aviation demand airlines reroute hiking fares and travel times

West Asia conflict slashes India tourism and aviation demand airlines reroute hiking fares and travel times

The ongoing West Asia conflict is disrupting India’s tourism and aviation sectors, with tourist arrivals dropping sharply. Airlines are changing routes, leading to higher fares and longer journeys, while hospitality businesses are also taking a hit, including restaurant closures and reported losses. Industry bodies warn the impact could deepen as uncertainty persists.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Jet fuel crisis at 35000 feet hikes fares as West Asia conflict and taxes bite hard

Jet fuel crisis at 35000 feet hikes fares as West Asia conflict and taxes bite hard

A global jump in aviation fuel prices is reshaping air travel, pushing ticket rates higher and disrupting schedules. Carriers are getting squeezed as West Asia conflict drives up costs, while Indian airlines face extra pressure from heavy taxes and currency fluctuations. The result: more fuel surcharges, higher final fares, and tougher economics for airlines flying through volatile oil markets.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Dubai realty takes 14% hit as conflict spooks buyers but prices resist further fall

Dubai realty takes 14% hit as conflict spooks buyers but prices resist further fall

Real estate transactions in Dubai dropped 14% in early April as West Asia conflict dented buyer sentiment and sharply cooled rental demand. Some smaller developers countered with discounts and more flexible payment plans, while prices largely held steady. After a ceasefire, enquiries reportedly improved, but experts warn deals may take time and prolonged tensions could trigger additional price corrections and slower activity.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Indian workers queue for Gulf visas despite conflict fears and mounting tensions

Indian workers queue for Gulf visas despite conflict fears and mounting tensions

Even as West Asia tensions rise, Indian workers are still lining up at Gulf visa centres in Delhi. With pay gaps widening and limited job options at home, applicants say financial pressure and family responsibilities outweigh safety worries. Many believe the conflict will eventually ease, and some point to targets they think won’t hit labour camps, keeping plans moving.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Air India and IndiGo face a brutal FY26 with crash deaths and meltdown pressures

Air India and IndiGo face a brutal FY26 with crash deaths and meltdown pressures

FY26 in India has been a double hit: nearly 290 people died in air crashes, passenger traffic growth remained muted, and India’s largest airline suffered an operational meltdown. With West Asia conflict still active and fuel prices under pressure, the next fiscal year could bring higher costs and tougher aviation conditions—especially for major carriers and the government’s oversight.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
West Asia conflict hits textiles but Surat finds fresh demand in one niche

West Asia conflict hits textiles but Surat finds fresh demand in one niche

With the West Asia conflict weighing on trade and slowing most activity across Surat and Tiruppur textile clusters, manufacturers are bracing for tough months. Yet one Surat-based segment is turning the disruption into opportunity, tapping demand that is shifting in response to supply pressures. The result: selective growth even as the broader sector stays under strain.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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MIB orders BARC to stop TV news TRPs for four weeks amid Iran war frenzy

MIB orders BARC to stop TV news TRPs for four weeks amid Iran war frenzy

The Ministry of Information and Broadcasting has told BARC to stop publishing TRP figures for news channels for four weeks. Officials say the move targets sensationalism and speculation during the West Asia conflict, aiming to encourage more responsible broadcasting. The suspension is designed to reduce the incentive to chase clicks and keep coverage measured while tensions remain high.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
CBSE sets new Class 10 assessment for exams cancelled across Middle East

CBSE sets new Class 10 assessment for exams cancelled across Middle East

CBSE has announced an assessment scheme for Class 10 students whose board exams were cancelled in Bahrain, Iran, Kuwait, Oman, Qatar, Saudi Arabia and the UAE due to the ongoing West Asia conflict. The new plan outlines how students will be evaluated despite the cancellation, offering clarity for affected families in the region.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
West Asia war jolts UP MSME exports as freight jumps from 300 to 8500

West Asia war jolts UP MSME exports as freight jumps from 300 to 8500

UP MSMEs exporting to global markets are getting squeezed by the West Asia conflict. Exporters say shipments are getting delayed by as much as 60 days, while freight and related logistics costs have escalated by 20–30%. With uncertainty rising around order schedules and delivery timelines, businesses are facing mounting pressure on cash flows and planning.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Raw material shock hits D2C luggage startups forcing funding rethink and growth pullback

Raw material shock hits D2C luggage startups forcing funding rethink and growth pullback

D2C luggage startups including Mokobara, Nasher Miles, and Uppercase are under pressure as raw material costs jump 35% to 50% amid conflict-linked disruptions from West Asia. With margins squeezed, these firms may seek new capital and restructure costs, which could curb their aggressive customer acquisition and alter growth forecasts.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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