Iraq, currently dealing with a faceoff between US and Iran in the Gulf and another between Saudi Arabia and the Tehran regime, sees Kuwait as a safe harbour.
Oil tanker owners are doing everything possible to minimize risk in the Strait of Hormuz, a dangerous energy chokepoint. But rising US-Iran tensions in the Gulf region are no help.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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