Despite a ceasefire agreement between Iran and the United States, the Strait of Hormuz remains blocked due to Iran's inability to locate and remove all the mines it laid during the conflict, hindering global oil and gas supplies.
The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.
Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.
Delhi Police have dismantled an organised interstate auto-lifting syndicate involved in stealing high-end vehicles, tampering with chassis numbers, and fraudulently re-registering them using forged documents. Ten key members of the racket have been arrested, and 31 stolen luxury vehicles have been recovered.
Delhi Police have dismantled an interstate narcotics syndicate operating between Bihar and Delhi, arresting the alleged main supplier from Madhepura, Bihar. The operation followed an investigation that began with the arrest of a man consuming smack in Delhi.
Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.
The Indian defence ministry has initiated a project to indigenously design and develop a 1000-kg aerial bomb for the Indian Air Force (IAF), aiming to enhance self-reliance in the defence sector.
The National Investigation Agency (NIA) has filed a chargesheet against a man from Bihar for allegedly smuggling arms from Nagaland and supplying them to Naxals.
There is something that makes the Uthiramerur assembly constituency in Kancheepuram district special.
Police in Meerut, Uttar Pradesh, have dismantled an illegal arms manufacturing factory and arrested 11 individuals following a raid on a house in Alipur village.
Two individuals were apprehended in Jharkhand's East Singhbhum district after police discovered 50 kg of ganja, valued at Rs 25 lakh, in their possession.
Goa Police have arrested five Bangladeshi nationals, part of an inter-state gang, for their alleged involvement in dacoities reported last year in Goa. The arrests followed a year-long investigation across multiple states.
Two former employees of a Delhi-based pharmaceutical firm have been booked for allegedly cheating, forging documents and impersonating to secure government tenders, including supplies to Army hospitals.
Jammu and Kashmir Police, in coordination with central intelligence agencies, have detained several people from Haryana and Rajasthan for allegedly facilitating the acquisition of fraudulent identities, including passports, by terrorists linked to Lashkar-e-Taiba (LeT). The investigation uncovered an interstate module providing logistical support to terrorists by creating fake documents.
Delhi Police have arrested a proclaimed offender and seized 100 grams of heroin, disrupting a major narcotics network operating in the national capital.
The Indian Defence Ministry has approved the procurement of weapons and military hardware worth Rs 2.38 crore, including S-400 missiles and medium transport aircraft, to bolster the Indian Air Force's capabilities.
Delhi Police have dismantled a cyber fraud operation that used a fake online investment platform to deceive victims, leading to the arrest of three individuals involved in the scheme.
Bengaluru police have arrested 10 individuals, including three foreign nationals, for allegedly selling prohibited narcotics in the city, seizing drugs worth crores.
Bengaluru police have arrested 10 individuals, including three foreign nationals, for allegedly selling prohibited narcotics in the city, seizing drugs worth crores.
Police in Meerut busted an illegal arms manufacturing factory concealed in the basement of a house, with the entrance hidden under a double bed. Eleven people were arrested, and investigations are ongoing to uncover the network involved.
A 61-year-old man from Mangaluru was allegedly cheated of Rs 2.07 crore by cyber fraudsters posing as officials of central investigative agencies in a 'digital arrest' scam, police said.
Police in Uttar Pradesh busted an illegal arms manufacturing unit in Moradabad, arresting three individuals and seizing a large quantity of firearms and manufacturing equipment.
The government plans to expand its central bank digital currency (CBDC)-based food subsidy programme to Chandigarh, Dadra and Nagar Haveli, and Daman and Diu by June, following its implementation on a pilot basis in Gujarat and Puducherry, official sources said.
Haryana Chief Minister Nayab Singh Saini has accused the opposition of misleading farmers regarding crop procurement, assuring that all produce will be purchased and that the government is addressing any difficulties in grain markets.
Key discussions focused on major defence procurements, including India's plan to acquire six additional P-8I aircraft for anti-submarine warfare. The deal, estimated at around Rs 30,000 crore, is under advanced negotiations.
The Supreme Court has directed the CBI to conduct a preliminary enquiry into the awarding of public works contracts in Arunachal Pradesh to companies allegedly owned by family members of Chief Minister Pema Khandu.
Reliance Industries Limited (RIL) faced a challenging fourth quarter, with its energy business experiencing significant headwinds, leading to overall muted results and prompting analysts to adjust their outlook, even as consumer segments like Jio and retail demonstrated robust growth.
Delhi Police have arrested a shop owner near the Kapashera border for selling expired food and cosmetic products. A large quantity of expired goods, including groceries and dairy products, were seized.
The Delhi Police have dismantled several illegal LPG refilling and black-marketing operations across Delhi, arresting 16 individuals and seizing a large number of cylinders and equipment.
Gujarat police have dismantled a Rs 77 crore cyber fraud operation with links to 375 cases nationwide, arresting 16 individuals and uncovering international connections.
Telangana Cyber Security Bureau (TGCSB) arrested five individuals for supplying over 600 Indian SIM cards to a cyber fraud syndicate operating from Cambodia, which defrauded Indian citizens of crores of rupees.
Punjab Police have dismantled an illegal arms smuggling network with the arrest of one individual in Jalandhar. The accused was found in possession of several illegal firearms, and further investigation is underway to apprehend other members of the network.
Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.
Notorious drug trafficker Mohammad Salim Dola, a close aide of fugitive gangster Dawood Ibrahim, has been remanded in the Narcotics Control Bureau's custody until May 8 in connection with a 2023 drugs seizure case.
Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.
A top government official says that while India has made significant progress in renewable energy, technical issues are hindering large-scale implementation. The government is working on solutions such as grid flexibilisation and battery storage.
External Affairs Minister S Jaishankar has emphasised India's commitment to safe maritime transit and condemned attacks on merchant shipping amidst the ongoing West Asia conflict and global energy market disruptions.
Kanpur Police busted an IPL betting racket, arresting five individuals and seizing Rs 3.91 crore in cash and betting equipment. The accused operated through an illegal website and mobile app, using master IDs to facilitate online gambling.
India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.
A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.
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