A fire broke out at the Fujairah port in the UAE after the harbour was hit once again by a drone attack. According to the video, thick plumes of smoke could be seen rising into the sky from the area following the strike. Following the strike, the port had suspended oil loadings and damage is…
Diplomacy over deployment. (Ians file photo of Jaishankar) NEW DELHI: India is stepping up diplomatic engagement with Iran to restore shipping through the strategic Strait of Hormuz, positioning dialogue with Tehran as an alternative to the military approach advocated by US president Donald Trump.New Delhi has hailed its direct talks with Iranian authorities as the…
Oil Above $100, Markets in Red: How the Iran War Triggered a $240 Billion Shock for Indian Investors India’s stock markets have suffered a sharp setback as escalating conflict in West Asia triggered a wave of global financial uncertainty, sending investors rushing out of riskier assets and wiping out billions of dollars in market value.Estimates…
Election Commission NEW DELHI: After the Election Commission (EC) ordered major transfers of top bureaucrats in West Bengal, the ruling Trinamool Congress protested by walking out of the Rajya Sabha on Monday. This happened while voting was under way for 37 Rajya Sabha seats across 10 states.The EC, in a letter dated March 15, announced…
Oil prices surge 40% during Middle East crisis: How it may impact petrol prices in the UAE / Image: file While the Gulf region sits atop some of the world’s largest oil reserves, the prices we pay at the pump aren’t immune to global chaos. Following recent shifts in international policy and escalating tensions involving…
Leaders from various sectors were honoured at the NBT Trailblazers Summit. India has today reached a stage where it is writing its own story on every global platform and making the world listen. Across sectors such as technology, health, education, agriculture, and fashion, Indians have showcased their talent and leadership, giving the world a new…
Drone incident near DXB sparks fuel tank fire; Dubai Police shut 4 roads / Image: file Dubai authorities shut down four major roads including Airport Road and Casablanca Street early Monday after a drone struck a fuel storage tank near Dubai International Airport (DXB), sparking a large fire and briefly disrupted flights at one of…
NEW DELHI: India today is in a far stronger position to handle disruptions in global energy markets than it was a decade ago, officials said on Sunday. While Strait of Hormuz remains an important chokepoint, India can reroute vess-els and shift strategy to other energy-exporting countries.In a world of increasingly uncertain supply chains, a wider…
US President Donald Trump and Israel PM Benjamin Netanyahu (AP image) US President Donald Trump on Sunday denied reports of a rift with Israeli Prime Minister Benjamin Netanyahu, calling them ‘fake news’.Speaking to reporters aboard Air Force One, Trump said, “That was other fake news — I had an argument with Bibi. No. We really…
. NEW DELHI: The govt’s campaign to discourage panic booking of LPG refills seems to have had an impact, with the number of domestic bookings declining from 88.8 lakh on Friday to 77 lakh on Saturday.The petroleum ministry said online bookings have also increased from 84% to 87%, while no dry-outs were reported at LPG…