For weeks, the war skirted the edge of catastrophe without tipping over. Missiles flew, there was much destruction, commanders were assassinated, cities across the Gulf and even in Israel struggled to absorb the shock. But one line held: Energy infrastructure, the arteries of the global economy, remained largely untouched. That is no longer true. Prem Panicker continues his must read daily blog on the Gulf War.
Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.
Russian President Vladimir Putin is set to visit China for talks with Chinese leader Xi Jinping, shortly after US President Donald Trump's visit to Beijing. The visit underscores the close strategic ties between China and Russia amid global tensions.
After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.
Union Minister Nitin Gadkari has called for Indian companies to form joint ventures with US companies to leverage new technologies, while also expressing an ambitious target to make India's automobile industry the world's number one within five years.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
rediffGURU Pradeep Pramanik, a career coach, placement consultant and director at Fast Track Career Consultants, guides aspirants on how to pick the right career stream and college after the IIT-Joint Entrance Exam.
Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.
The US military carried out 'self-defence strikes' targeting Iranian missile launch sites and boats near the Strait of Hormuz, even as President Trump announced progress in ceasefire negotiations, stating Iran's enriched uranium will be 'turned over' or destroyed.
Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.
If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).
Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.
Sharp differences between Iran and the UAE over the West Asia conflict were on full display during the BRICS foreign ministers' meeting in New Delhi, signalling the challenges the bloc faces in reaching a consensus position on the crisis.
Donald Trump says several issues were settled during the final day of talks with Xi Jinping covering trade, tariffs, and diplomacy.
The escalating crisis in West Asia and its impact on the global energy supply chain are expected to dominate deliberations at a two-day meeting of BRICS foreign ministers to be hosted by India.
The US-China rapprochement, however tenuous, is not without implications for India. Both China and Pakistan have become closer to the US, notes Ambassador T P Sreenivasan.
The Supreme Court is reviewing a plea challenging the 2025 SHANTI Act, which caps liability at Rs 3,000 crore for nuclear plant incidents, raising concerns about victim compensation and operator accountability.
George Russell is aiming for a comeback at the Canadian Grand Prix with car upgrades and a renewed focus on fundamental racing skills after teammate Kimi Antonelli's strong performance.
Dropped Iran striker Sardar Azmoun has posted a heartfelt message on social media proclaiming his love for his country and wishing the World Cup squad well at the tournament without him.
Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.
As many as 35 vessels, including cargo carriers and oil tankers, successfully navigated through the strategic maritime chokepoint of the Strait of Hormuz over the last 24 hours, according to Iran's state media reports citing a formal declaration by the Islamic Revolutionary Guard Corps (IRGC) Navy.
'Congress needs a positive agenda rather than primarily picking up on two business houses.'
India's new men's freestyle wrestling coach Shako Bentinidis believes Sujeet Kalkal has the potential to become an Olympic medallist but must further sharpen his technical skills. He also urged Indian coaches to continuously upgrade themselves through greater exposure to international training methods and evolving tactical trends in the sport.
US Secretary of State Marco Rubio said that discussions aimed at halting the conflict with Iran have shown "some slight progress," while simultaneously echoing Washington's dissatisfaction with its NATO allies.
Aviation fuel prices for domestic airlines remain unchanged, providing stability for local carriers, while commercial LPG and 5-kg cylinders see a significant rate hike due to rising international energy costs.
US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.
'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'
Work has commenced on restoring the North and South Blocks to their original design, paving the way for the Yuge Yugeen Bharat National Museum project, with a target completion date for the first phase set for 2028.
Prime Minister Narendra Modi's aircraft was escorted by UAE's F16 jets as he arrived in Abu Dhabi for the first leg of his five-nation tour. He is scheduled to meet with UAE President Sheikh Mohamed bin Zayed Al Nahyan to discuss bilateral issues, including energy cooperation, and regional and international matters.
'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'
US President Donald Trump will visit China from May 13 to 15 at the invitation of President Xi Jinping. The visit occurs amidst global tensions, including the war in West Asia and trade disputes between the US and China. Discussions are expected to cover China-US relations, world peace, and economic issues.
The Consul General of Thailand in Kolkata, Siriporn Tantipanyathep, met with the Lieutenant Governor of Andaman and Nicobar Islands to discuss tourism promotion and mutual cooperation in fisheries and other sectors.
India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.
Andhra Pradesh is spearheading an ambitious initiative to establish a fully integrated beach sand minerals, rare earth, and titanium ecosystem, aiming to attract over 50,000 crore in investments over the next decade. This move is part of India's broader strategy to reduce its reliance on China for strategic minerals and permanent magnets, with the state preparing a comprehensive rare earth policy and planning specialised industrial clusters.
China has called on Iran to reopen the Strait of Hormuz and expressed appreciation for Tehran's commitment not to develop nuclear weapons, a key demand of the US to end the conflict.
If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.
Nyck de Vries secured a maiden victory for Mahindra Racing in the Monaco E-Prix, marking their first win in nearly five years.
The Andhra Pradesh cabinet has recommended a series of measures, including 'No Vehicle Day,' online classes, and reduced foreign tours, to mitigate the economic impact of the Gulf war.
Adani Group Director Jeet Adani and Bharti Enterprises Vice Chairman Rakesh Bharti Mittal highlighted the importance of infrastructure, energy, and connectivity in shaping India's AI ecosystem, emphasising Visakhapatnam's potential as a major digital gateway.
MEA spokesperson Randhir Jaiswal said India's energy decisions are guided by national interest.
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