Major energy infrastructure is in the crosshairs of the conflict, raising risks of the biggest shock since Russia’s invasion of Ukraine. Qatar’s largest LNG plant remains shut, fuelling supply fears.
The RBI intervened by selling dollars to steady the currency, Bloomberg has learnt. The escalating conflict in the Middle East may stoke inflation and worsen the country’s widening trade deficit.
Shortfall could hit tens of millions of homes if gas cargoes due in March do not start moving within days, Bloomberg has learnt. India buys over 90% of its LPG from the Middle East.
The JD(U) may still have 12 members in the Lok Sabha and 85 in the state Assembly, but without Nitish Kumar as its face, the party is confronted with a big leadership vacuum.
Sinking of the ship has raised eyebrows in the Indian defence and security establishment. Lankan navy has recovered several bodies, believed to be of crew members.
The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal.
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