India addresses the escalating conflict in West Asia, outlining its diplomatic efforts to ensure energy security, the safety of its citizens, and advocating for a peaceful resolution through dialogue.
A Delhi court has requested clarification from the Ministry of External Affairs regarding the extradition status of a former managing director of Bush Foods Overseas Pvt Ltd and his wife, who are residing in London, in connection with a money laundering case linked to an alleged Rs 750-crore bank loan fraud.
Uttar Pradesh authorities have launched a statewide crackdown on black marketing of LPG and other essential commodities, resulting in FIRs against distributors and arrests.
An email threatening missile and bomb attacks on the Maharashtra Vidhan Bhavan and other key locations in Mumbai triggered a security alert, prompting extensive searches and heightened security measures.
The Defence Acquisition Council (DAC) has recently approved procurement proposals worth Rs 79,000 crore across three services and it has cleared AoN (Acceptance of Necessity) of Rs 3.3 trillion in financial year 2026 (FY26).
'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'
Brokerage firm Jefferies maintains a 'Buy' rating for Paytm, citing its dominant merchant payments platform and projected revenue growth.
When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."
India continues to face LPG supply challenges for the third consecutive week due to disruptions caused by the West Asia conflict, though panic buying is showing signs of easing. The government is prioritising domestic household supplies and encouraging alternative fuel sources.
Among Sensex firms, Power Grid, Eternal, Bharti Airtel, Axis Bank and Infosys were the biggest laggards. However, Mahindra & Mahindra, Sun Pharma, Kotak Mahindra Bank and State Bank of India were among the major gainers.
Researchers have developed an AI algorithm capable of generating intricate 'sikku' kolam patterns, traditionally drawn by hand in South India. This innovative approach transforms a cultural art form into a complex computational challenge, with potential applications in various fields.
Pears with roasted turnips does make an unusual, yummy soup.
The Indian government addressed opposition concerns regarding the West Asia crisis in an all-party meeting, outlining its strategy for ensuring the security of the Indian diaspora, fulfilling energy needs, and maintaining diplomatic relations with key partners. The government also dismissed Pakistan's reported mediation efforts.
Researchers have developed an AI algorithm capable of generating intricate 'sikku' kolam patterns, an ancient Indian art form traditionally drawn by hand. The algorithm transforms this cultural practice into a complex computational challenge with potential applications in various technical fields.
The government is closely watching the fast-paced developments at the salt-to-semiconductor conglomerate.
Donald Trump defends the recent surge in global oil prices, arguing it's a necessary short-term cost to eliminate Iran's nuclear threat and ensure global security.
We cannot simply have a 60-65 per cent import dependency in LPG, the bulk of which comes from just one volatile region -- West Asia, points out R Jagannathan.
Jefferies has downgraded Indian information technology (IT) companies Infosys, HCLTech, and Mphasis to "hold"; LTI MindTree, Tata Consultancy Services (TCS) and Hexaware to "underperform", citing artificial intelligence (AI)-related concerns. Coforge, Sagility and IKS, however, still remain its top picks.
Her remarks come after 84 former bureaucrats, 116 veterans, and four lawyers wrote an open letter asking Rahul Gandhi to apologise over an incident in which he had tea and biscuits at the Makar Dwar entrance of Parliament.
Households should moderate large discretionary expenses for the time being.
'They should prioritise essential spending. They should maintain an emergency fund covering 6 to 12 months of expenses.'
Delhi Police busted a racket involving the tampering and sale of expired food and cosmetic products, arresting one man allegedly involved in altering expiry dates and reselling the goods as fresh stock.
108 Maoists surrendered in Chhattisgarh's Bastar district, yielding a large cache of weapons and cash. The surrender highlights the government's success in combating Left Wing Extremism and the weakening of Maoist ideology.
Sebi cautions investors against fake notices demanding Securities Transaction Tax (STT) payments and warns about fraudsters posing as account handlers promising risk-free profits.
The International Energy Agency (IEA) has proposed immediate demand-side measures, including remote work, lower speed limits, and reduced air travel, to mitigate the impact of a global oil supply shock caused by Middle East disruptions.
The United States, which entered this war in expectation of a short, sharp win along the Venezuela model, is now preparing for deeper involvement in a conflict it does not fully control, without the allies it typically relies on, against an adversary that is not behaving as expected, in a global environment that is already absorbing economic shock. Prem Panicker continues his must read daily blog on the Gulf War.
A devastating airstrike on a Kabul drug rehabilitation centre has killed hundreds, escalating tensions between Afghanistan and Pakistan and prompting international calls for de-escalation and investigation.
In modern investing, transparency is more valuable than zero fees and not all investing app score big on this front, says Ramalingam Kalirajan.
From the 30-Sensex firms, Tata Steel, Kotak Mahindra Bank, Reliance Industries, Axis Bank, Titan and Trent were among the biggest gainers. However, Tata Consultancy Services, Tech Mahindra, Infosys, Bajaj Finance and Sun Pharma, were the laggards.
Kolkata Knight Riders face a setback as India seamer Akash Deep is ruled out of IPL 2024 due to a back injury, adding to their growing list of injured fast bowlers.
Uttarakhand GST officials conducted an elaborate undercover operation, creating fake firms to expose a company evading over Rs 150 crore in taxes.
An email threatening missile and bomb attacks on the Maharashtra Vidhan Bhavan and other key locations in Mumbai prompted a security alert and extensive searches.
A fall in the Nifty 50 to around 19,000 is not impossible, but that would likely require nuclear options to be exercised.
A host of macroeconomic data announcements, global trends and trading activity of foreign investors would dictate investors' sentiment in the stock market this week, analysts said. Besides, auto sales data will be closely tracked, experts noted.
'Nobody explained why. After that there was panic buying, there was hoarding -- and then nothing reached us.'
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.
The National Commission for Women (NCW) chairperson, Vijaya Rahatkar, conducted a review meeting with Rajasthan Police officials to assess the state's efforts in ensuring women's safety and addressing crimes against women.
Foreign brokerages have started to cut their year-end targets for the Nifty 50 index amid the ongoing West Asia conflict.
An FIR has been filed against a gas agency in Lucknow for allegedly illegally storing domestic LPG cylinders and attempting to sell them on the black market.
Indian restaurants are grappling with a severe LPG shortage due to the West Asia conflict, forcing them to innovate with menus and cooking methods or face potential closures, impacting the food industry and consumers across the country.
Israel wishes to continue its bombing campaign until Iran's military and industrial infrastructure are degraded to a point where it ceases to pose a threat to Israel. Iran, for its part, has learnt from its experience in the 12-day war of last June. Any ceasefire, it believes, will only be a prelude to another attack on itself. It is determined to convey that any attack on Iran will impose heavy costs on Israel, the US, America's allies in the Gulf -- and on the world at large, points out T T Ram Mohan.
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