ASEAN top diplomats highlight their concerns during closed-door meeting Southeast Asian foreign ministers have expressed “serious concern” over renewed US-Iran hostilities, calling for an immediate cessation of attacks across all fronts in the Middle East and warning that the escalating conflict threatens global energy supplies, trade, and food security.“We are deeply concerned that these developments…
Just as global energy supplies were beginning to stabilise after nearly four months of disruption, Iran has issued a fresh warning over the Strait of Hormuz. This time, however, the threat could extend far beyond the waterway.As tensions in the Middle East intensify again, Iran has warned that it could expand efforts to disrupt regional…
As the world continues to feel the heat of the ongoing crisis in the Middle East, India’s refiners have swiftly secured enough crude oil and LPG supplies to last till the upcoming weeks.According to sources cited by Reuters, Indian refiners have built up sufficient crude inventories to meet demand through at least August. On the…
Show Quick Read Key points generated by AI, verified by newsroom US operations in Iran escalated Gulf tensions Thursday. Iran’s IRGC launched drone attacks, closed Strait of Hormuz. Kuwait activated air defenses; US disputed Hormuz closure. US Iran War: Tensions in the Gulf escalated sharply on Thursday after Iran’s Islamic Revolutionary Guard Corps (IRGC) announced…
Show Quick Read Key points generated by AI, verified by newsroom President Trump predicts His remarks followed renewed Iran-Israel military exchanges. Trump suggests Iran makes compromises; expects falling oil prices. Diplomacy continues amid regional tensions despite prior setbacks. US Iran War: US President Donald Trump has renewed his pledge to bring an end to hostilities…
Show Quick Read Key points generated by AI, verified by newsroom Trump warned Netanyahu against expanding Iran operations, fearing isolation. Trump claimed Israel launched strikes; he limited their scope. Regional pressure and Iran’s offer led to a ceasefire. US President Donald Trump has revealed that he personally cautioned Israeli Prime Minister Benjamin Netanyahu against expanding…
The impact of the US-Iran conflict is no longer confined to oil markets and geopolitical headlines. It is now finding its way into kirana stores and supermarket aisles, where consumers are switching to smaller packs of everyday goods as monthly budgets are already facing pressure due to rising prices.Companies across categories such as edible oils,…
At present, foreign investors are required to pay a 12.5% long-term capital gains tax on listed equities and bonds held for more than a year. (AI image) In a bid to stem foreign capital outflow amid the Middle East crisis, the government is looking to do away with capital gains tax on foreign portfolio investors’…
Premium television buyers, typically purchasing larger screens of 55 inches and above, continue to buy throughout the year, say industry representatives Pune: As India’s consumer durable sector approaches the crucial festive season, firms are actively recalibrating their strategies to counter headwinds like a patchy monsoon, rising input costs and cautious consumer spending.Instead of resorting to…
Amid the ongoing stalemate over US-Iran deal, credit rating agency Moody’s Ratings on Wednesday said Indian banks are among the more exposed lenders in the Asia-Pacific region to risks arising from the ongoing Middle East crisis because of India’s heavy dependence on energy imports from the region, PTI reported.The ratings agency said sustained high oil…
