<img border="0" hspace="10" align="left" src="https://timesofindia.indiatimes.com/photo/129729879.cms">India's smartphone market faces a grim outlook as the Middle East crisis impacts demand and supply. Analysts have slashed shipment forecasts for 2026, citing rising essential goods prices and component shortages. The conflict's ripple effects, including disrupted trade routes and potential helium supply issues, are expected to worsen the situation, particularly in the latter half of the year.

<img border="0" hspace="10" align="left" src="https://timesofindia.indiatimes.com/photo/129729280.cms">Global airlines face their worst financial crisis since COVID-19 due to the Iran conflict, wiping over $50 billion off major carriers' market value. Soaring jet fuel prices, now double, threaten ticket price hikes and potential shortages. Executives warn of dampened demand from sustained high fares, while Middle Eastern airlines are hit particularly hard by airspace closures and tourism collapse.

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<img border="0" hspace="10" align="left" src="https://timesofindia.indiatimes.com/photo/129728070.cms">Middle East crisis fuels oil market volatility, with prices holding above $100 due to disrupted supplies and infrastructure damage. Experts warn of prolonged high prices, potentially lasting years, as key shipping routes remain impacted. Airlines are preparing for sustained elevated fuel costs, while LNG exports face significant cuts.

<img border="0" hspace="10" align="left" src="https://timesofindia.indiatimes.com/photo/129727706.cms">Gujarat fishermen will continue to receive subsidised diesel after the Centre rolled back a steep Rs 22.43 per litre price hike for bulk fuel. The state government's intervention successfully shielded the fishing community from increased costs, ensuring diesel remains at previously agreed concessional rates.

<img border="0" hspace="10" align="left" src="https://timesofindia.indiatimes.com/photo/129727281.cms">The Iran war's fourth week sees a stark divergence between rising physical oil prices and futures, driven by the Strait of Hormuz closure and infrastructure attacks. Refiners face steep premiums, while trucking, shipping, and airline industries grapple with escalating fuel costs, impacting consumers and the broader economy.

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<img border="0" hspace="10" align="left" src="https://timesofindia.indiatimes.com/photo/129720314.cms">Indian pharmaceutical giants like Sun Pharma, Torrent, and Dr. Reddy's have launched affordable semaglutide, a groundbreaking weight-loss drug, following Novo Nordisk's patent expiry. This move significantly reduces therapy costs, offering patients greater access to treatment for obesity and type-2 diabetes. Torrent Pharma even introduced both oral and injectable versions, marking a significant step in addressing India's growing metabolic disorder crisis.

<img border="0" hspace="10" align="left" src="https://timesofindia.indiatimes.com/photo/129719897.cms">India anticipates meeting peak summer electricity demand despite Middle East conflict, relying on coal, renewables, and battery storage. Power Secretary Pankaj Agarwal stated limited gas dependence shields the system. A 4 GW imported coal plant and fast-tracked wind projects will bolster supply, while solar covers daytime needs and batteries address evening demand.