India's net oil import bill could widen to $101-104 billion in current fiscal from $96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of $7.9 billion in 11 months (April-February) of 2023-24, up from $5.1 billion in 2022-23.
First Look: Kuwaiti's first female minister
Jazeera Airways, the first private airline of the Gulf region, on Monday offered one-way tickets to Kuwait from three Indian cities at a rock bottom Rs 850 plus taxes for a limited period.
Only a few players become legends in their playing days and Sunil Chhetri belonged to that rare tribe, India's head coach Igor Stimac said in a glowing tribute to the talismanic skipper, who will hang his boots on June 6.
Churchill Brothers let in an injury time goal as they played out a 2-2 draw against defending champions Kuwait Sports Club in a Group 'B' AFC Cup match at the Nehru Stadium in Margao.
Indian youngster Soumyajit Ghosh has cleared the qualification round of the Kuwait Open and joined compatriot, Olympian Achanta Sharath Kamal in the main draw of the pro tour table tennis Championships in Kuwait City.
Stimac has prioritised qualification to the third round and secure a direct entry into the 2027 AFC Asian Cup.
While Ghosal defeated Altamimi 11-4, 11-4, 11-6, Mangaonkar edged past Tsukue 11-6 11-2 11-6 in another pre-quarterfinal match.
Manavjit set to be disqualified from Olympic Qualifiers after his gun stock fails test
World oil prices bounced back after Iraq said it could retaliate against crude producing neighbour Kuwait if the United States launches an attack from Kuwaiti territory.
Stimac, a vastly experienced coach and 1998 World Cup bronze medallist for Croatia, interfered when Pakistan player Abdullah Iqbal was ready to make a throw-in. He tried to pull back the ball from the player, sparking wild reactions from some Pakistani players as well as some coaching staff.
Making a foray into Kuwait, ICRA said it was in talks with other Arab nations for extending the technical expertise and was open to picking up stakes in rating agencies in countries which allowed foreign participation.
Ritwik Bhattacharya and reigning national champion Saurav Ghosal stand just one win away from making the main draw of US $200,000 Kuwait Open squash tournament, after advancing to the qualifying finals of the event in Kuwait City. While Ritwik upset Australia's Aaron Frankcomb 11-4, 11-9, 11-6 in 53-minutes, Ghosal breezed past local favourite Mohd Al-Tuwary 11-5, 11-0, 11-3 in just 29 minutes.
Indian Oil Corporation and ONGC Videsh Ltd have tied up with BP and Occidental, the global oil majors, to bid for oilfields in Kuwait.
India and Pakistan to renew football rivalry after five years, clubbed in same group in next month's SAFF Cup
India abstained on the resolution, along with France, Japan, Netherlands, and Romania among others. Those voting against the resolution included Argentina, Bulgaria, Germany and the US.
Air-India and Indian Airlines have decided to maintain their services to Kuwait despite a directive from the pilot unions of both the airlines to its members not to operate flights in and out of the Gulf country.
Hundreds of passengers travelling to India may have to make alternative arrangements with Kuwait indicating that it would not allow Air India and Indian flights to land in its capital from July 1.
Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.
Kuwait-based Jazeera Airways on Tuesday announced the establishment of a second hub in Dubai, making it the only low fare airline operating out of Dubai International Airport.
Former British prime minister Tony Blair was paid a whopping $1.5 million to advise Kuwait's royal family and had made great efforts to keep it a secret, a media report has claimed. Blair, currently the official envoy of the Quartet on the Middle East on behalf of the United Nations, the European Union, the United States and Russia, received the amount for advising the first family of the oil-rich country and the deal was kept secret at the request of the Kuwait government.
A Kuwait Airways plane took a left turn instead of right while taking off on Monday and headed to the no-fly zone in Delhi.
The All India Football Federation is exploring the possibility of selecting Persons of Indian Origin (PIOs) for the Indian football team.
In line with its plans to set up greenfield projects outside India, Mukesh Ambani's Reliance group is considering setting up a polypropylene unit in Kuwait. The company already has operations in the Gulf states to market polypropylene. If this project fructifies, it will be Reliance's first unit outside India. Reliance Industries (RIL) is also looking to set up a refinery project in Kuwait. It has also signed an MoU with GAIL to explore for petrochemical plants outside India.
'Fourteen Indian doctors, who recently resigned from the Ministry of Health, have been told that they will have to forgo their end-of-service benefits as their academic degrees have not been evaluated by concerned Indian universities,' an Indian doctor was quoted as saying by Arab Times. The ministry has described the 14 Indian doctors as 'illegals' given the non-evaluation of their degrees/
Australia shook off a nervous start and an early goal before trampling over Kuwait 4-1 to kick off their home Asian Cup football tournament in emphatic style in Melbourne on Friday.
India and Kuwait have signed a landmark labour agreement, incorporating steps for job protection, checking exploitation of Indian workers and ensuring payment of salaries and other benefits promised at the time of recruitment.
He will face Turki Abuquthailah of Kuwait in the Round of 16.
'It's such a mishmash of wonderful things, so many different cultures, subsections of society and weird histories.'
Ace Indian paddler Sharath Kamal on Saturday advanced to the second round of the ITTF Kuwait Open Super Series table tennis tournament after a 4-2 victory over Hampus Soderlund of Sweden in Kuwait City.
NRAI termed the disqualification of trap shooter Manavjit Singh by organisers of the Asia Olympic Qualifiers in Kuwait as 'unjust and unfair'.
Dhillon finished second with 52 hits.
East Bengal's hopes of becoming the first Indian football club to enter the AFC Cup final were dashed after they were beaten 3-0 by a far superior Kuwait Sports Club in the second leg semi-final, in Kolkata, on Tuesday.
Four other inmates have been ill since last week because of suspected malaria and the water supply is unfit for human consumption.
In a bid to participate in the reconstruction of Iraq and explore business opportunities there, a 20-member mission of Confederation of Indian Industries is in Kuwait to meet the companies on a one-to-one basis.\n\n\n\n
Indian football team head coach Igor Stimac has expressed his displeasure over his wards losing possession of the ball at crucial junctures of a game.
India put up a valiant fight before going down 0-2 against Kuwait to get off their Asian Games football campaign on a disappointing note in Guangzhou on Sunday.
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