Historically, India was a major buyer of Iranian crude, importing significant volumes of Iranian light and heavy grades due to strong refinery compatibility and favourable commercial terms.
'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'
One Indian oil tanker successfully crossed the Strait of Hormuz, while others turned back after Iran signalled the waterway's closure, amidst rising tensions and disruptions to global energy flows.
Despite ongoing tensions in West Asia, the successful arrival of the LPG carrier 'Nanda Devi' in Gujarat ensures a steady supply of liquefied petroleum gas to India, highlighting the country's efforts to secure its energy needs.
India has raised concerns with Iran over the safety of merchant shipping after two vessels were fired upon in the Strait of Hormuz, prompting them to turn back.
'After we were alerted about the war, none of us could sleep for the next two nights while sailing through those waters.'
Four astronauts from NASA's Artemis II mission have safely returned to Earth after completing a historic flyby of the moon, marking the first human journey to the moon in over 50 years.
The tanker reportedly switched off its Automatic Identification System (AIS) transponder while navigating the high-risk stretch of the strait and reappeared on tracking systems on March 9.
Sri Lanka's President Anura Kumara Dissanayake announced that the country refused permission for the US to land two warplanes at Mattala International Airport, citing a commitment to neutrality amidst rising tensions in the Middle East.
Trump has made it clear: the US will not lift its blockade of Iranian ports until a deal is signed.
The Chinese People's Liberation Army's eastern theatre command continued its military drills around Taiwan for a second consecutive day on December 30, involving naval, air and ground forces in what it described as a demonstration of joint operational and blockade capabilities.
Sri Lanka is deliberating appropriate action after a second Iranian ship sought entry to its territorial waters, following an attack on an Iranian frigate near the island nation. The government is focused on safeguarding lives and regional peace.
US President Donald Trump indicated the possibility of further military operations against Iran's Kharg Island, a key oil export hub, claiming previous strikes had significantly damaged its infrastructure.
It is for the first time that a senior minister has said that Iran requested permission for docking three of its ships in Indian ports.
Sri Lanka has allowed a second Iranian ship, IRINS Bushehr, to dock at Trincomalee port after it reported engine failure, following the sinking of an Iranian frigate. The move comes amidst heightened regional tensions and a joint US-Israeli attack on Iran.
Guadalajara violence postpones matches, FIFA monitoring World Cup host city
US President Trump has issued emergency declarations for 10 states as authorities continue to prepare for frigid cold which will sweep across the eastern two-thirds of the country.
Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.
According to a post on X by the US European Command, the tanker violated US sanctions and was tracked by the US Coast Guard cutter Munro prior to the operation.
In the Indo-Pacific's new era -- where perception shapes reality faster than treaties -- the real entrapment is not of China or the United States. It is the test Japan has set for itself -- and whether partners like India, acting as balancers rather than accelerants, can help ensure that the story ends in stability, points out Varun Arya.
This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.
'Ram Setu', also known as Adam's bridge, is a chain of limestone shoals between Pamban Island, off the south-eastern coast of Tamil Nadu, and Mannar Island, off the north-western coast of Sri Lanka.
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Cyclone Ditwah exits Sri Lanka after causing widespread destruction and over 120 deaths, heading towards the Indian coast. Heavy rains and high winds are expected to continue.
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As Odisha and West Bengal are bracing for a severe cyclonic storm, governments of both states started evacuating people and while deciding to close educational institutions in vulnerable areas.
Vice Admiral Raman P Suthan and the commanding officers of INS Rana and INS Ranjit met Chinese North Sea Fleet Commander Rear Admiral Su Shiliang and Qingdao Vice Mayor Zeng Aimin.
The state government has directed a joint assessment of crop loss due to the cyclone by officials of the agriculture and revenue departments, he said.
At least nine people have been killed and 77 people trapped across Taiwan after a powerful earthquake struck the island's eastern coast, CNN reported, citing the National Fire Agency (NFA).
Dewald Brevis' brisk 57 and all-round show from Delano Potgieter - 12-ball 25 not out and 5/10 in three overs - powered them to a massive 97-run win in the tournament opener.
The Oil and Natural Gas Corporation, which is drilling both in deep water and shallow water off the coast of Andhra Pradesh and Orissa, is assessing the damages the huge waves could have caused to its installations.
The strongest earthquake in a quarter-century rocked Taiwan during the morning rush hour on April 03, 2024, killing nine people and injuring hundreds.
The early onset of the southwest monsoon brought continuous rainfall across southern and eastern India, contributing to this record.
The worst-hit districts include Kendrapara, Balasore and Bhadrak, while the human casualty 'still stands at zero,' he told reporters in Bhubaneswar.
A civic volunteer, identified as Chandan Das (31), died on the spot when he allegedly touched a live wire in Bud Bud in Purba Bardhaman district. The incident happened when he was out with a police team, they said.
On August 16, 1980, the Kolkata football derby between arch rivals Mohun Bagan and East Bengal, played at the Eden Gardens (there was no Salt Lake Stadium then) witnessed a massive clash between the supporters of two teams, leading to 16 deaths.
The drugs seized include 3,089 kilograms of charas, 158 kg of Methamphetamine and 25 kg of morphine.
The maiden Africa India Key Maritime Engagement exercise will be held from April 13 to 18 off the coast of Dar es Salaam, Tanzania.
West Bengal Chief Minister Mamata Banerjee on Friday said that one person died in the state in cyclone Dana, even as the administration evacuated around 2.16 lakh people from the low-lying areas.
US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
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