Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.
'Was the five-day pause ever meant to hold, or was it simply another instrument of signaling, of positioning, of buying time in a war where even the pauses are tactical?' asks Prem Panicker in his must read daily blog on the Gulf War.
Punjab Chief Minister Bhagwant Mann has accused the central government of providing 'VIP treatment' to gangster Lawrence Bishnoi, criticising perceived double standards in dealing with crime.
'The White House lunch that Trump hosted for Munir last year came just after Munir returned from a visit to Iran, at a moment when Israel and Iran were at war.' 'Trump said after that lunch that the Pakistanis know Iran very well. He likely views Munir as a useful interlocutor that can give helpful insights on Iran.'
Lovlina Borgohain controlled the bout throughout, combining sharp combinations with disciplined movement to ease into the next round.
Maharashtra Chief Minister Devendra Fadnavis dismisses the alliance between Uddhav and Raj Thackeray's parties as a move for political survival, asserting it won't significantly impact Mumbai's political landscape. BJP leader Ashish Shelar questions the motives behind the reunion, highlighting past criticisms and the Thackerays' changing stances.
S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.
Greer said that India has taken down some digital services taxes and is moving tariffs down.
Specifically, military experts are assessing if the 'Octopus' interceptor anti-drone system, produced in the UK to support Ukraine in countering Russian threats, could be repurposed to strengthen British protections against Iran's Shahed drones.
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.
Punjab Chief Minister Bhagwant Mann has accused the central government of providing special treatment to gangster Lawrence Bishnoi, who is accused in the Sidhu Moosewala murder case. Mann's criticism comes after Union Minister Amit Shah spoke about gang activities in Punjab.
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.
Moscow's international airports were temporarily closed due to safety concerns after air defense forces intercepted multiple Ukrainian drones.
Indian boxers, including Nitu Ghanghas and Preeti Pawar, have secured 19 medals at the Boxam Elite International tournament in La Nucia, Spain, with strong performances from both the men's and women's teams.
The pause gives the US time to breathe, to regroup, to move its expeditionary force into position without risk of interception along the way. It gives Iran nothing -- on the ground, attacks against its infrastructure continue apace. Prem Panicker in his must read daily blog on the Gulf War.
Amidst escalating tensions with Iran, the US has granted India a temporary 30-day waiver to continue purchasing Russian oil, aiming to stabilise global energy markets and encourage future US oil imports by India.
Amid escalating tensions with Iran, President Trump is urging nations dependent on Middle Eastern oil to deploy warships to the Strait of Hormuz to safeguard critical global energy supplies.
Manchester City manager Pep Guardiola says he will continue speaking out on global violence and humanitarian crises, using his platform to advocate for victims from Palestine to Ukraine.
Fight on toward goals that keep receding, or exit with most objectives unmet. Trump is agitated, his poll numbers falling below the Plimsoll line, his base fractured between those who back the war and those who remember that he campaigned on ending them.
US Energy Secretary Chris Wright said that long-term oil supplies are 'abundant' and there are no worries regarding that, but in the short term, there is a need to get oil on the market.
The 98th Academy Awards was a mix of high fashion, subdued politics, flashes of humour and emotions running high.
The question is no longer whether the war will expand. It has. The next few days will tell us whether the war stabilises around Hormuz or whether the Strait itself becomes the trigger for a far larger rupture. What to watch for over the next 48 hours is simple: Any move by the US toward direct naval control of the Strait; any credible Iranian attempt to disrupt or mine shipping lanes and, critically, whether energy infrastructure in the Gulf continues to be targeted.If those lines are crossed in tandem, the war will no longer be containable within the region.
Games open in Verona with calls for unity amid wars and athlete absences
Trump has approved sharing targeting data with Ukrainians as the administration weighs sending powerful weapons, the news outlet reported on Wednesday (local time).
The UN Security Council, with India's support, has adopted a resolution condemning Iran's attacks on Gulf Cooperation Council countries and Jordan, demanding an immediate cessation of hostilities and denouncing threats to the Strait of Hormuz.
The International Olympic Committee pleaded on Wednesday with skeleton racer Vladyslav Heraskevych to compete without his banned helmet depicting Ukrainian athletes killed since Russia's invasion and avoid potential disqualification.
Russian President Vladimir Putin, in a phone call this past week with United States President Donald Trump, demanded that Kyiv surrender full control of Donetsk, a strategically vital region in eastern Ukraine, as a condition for ending the war, said two senior officials familiar with the conversation, the Washington Post reported.
A senior government official asserts India's independence in purchasing Russian oil, stating that US sanctions waivers merely remove friction but do not dictate India's energy policy. The official highlights India's commitment to energy security and affordability for its citizens.
Despite international crude oil rates crossing USD 100 per barrel due to Middle East tensions, the Indian government plans to maintain current petrol and diesel prices, ensuring uninterrupted fuel supply across the country.
The US has temporarily permitted India to accept Russian oil already on ships to ensure energy supplies amid the conflict with Iran. This short-term measure is not expected to significantly benefit Russia financially.
Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.
If the conflict continues for a prolonged period, State-run oil companies may have to review retail fuel prices accordingly.
'Without ground troops the US will not be able to oust the Iranian Islamic regime. Political change does not happen just by using bombs or planes.'
The Indian government has directed oil refineries to increase LPG production to ensure a stable supply of domestic cooking gas, amidst concerns over potential disruptions from the escalating Middle East conflict and its impact on imports.
Gold prices surged in futures trading due to escalating US-Iran tensions, driving demand for the safe-haven asset.
The US has granted India permission to buy Russian oil already in transit to ease global supply pressures amidst the West Asia conflict. This decision comes after India agreed to halt sanctioned Russian oil purchases and substitute them with US oil.
MEA spokesperson Randhir Jaiswal said India's energy decisions are guided by national interest.
What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.
Israel and the United States had a plan. Iran punched back. And now the Gulf is reeling, the world is beginning to feel the pain and, as on date, no one in Washington or Tel Aviv appears willing to admit that the punch has landed, notes Prem Panicker, continuing his must-read blog on the war in the Middle East.
Aryna Sabalenka will aim to take a huge stride towards a third Australian Open title in four years when the Belarusian top seed clashes with Ukraine's Elina Svitolina on Thursday in a semi-final simmering with geopolitical tension.
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