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.
New Delhi, Mar 3 (PTI) The Karnataka government has renewed transport aggregator licence of Uber till December 30, 2026, a company spokesperson said...
India’s strategic reserves offer a temporary cushion as the Hormuz blockade amid US-Israel war against Iran jolts global energy markets and threatens energy security.
The lessons of earlier American regime-change efforts should be obvious. The dismantling of Iran’s regime could lead to the breakdown of state authority and the rise of warlords.
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.
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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