International
Israel’s military said it carried out overnight airstrikes on the Tehran headquarters of Iran’s Marine Industries Organization, describing the target as a key naval production centre tied to advanced maritime weapons. The reported strike adds to a widening campaign against Iran’s defence-industrial network as the conflict continues to expand. Israel Says It Hit Iran Naval
Automobile Electric Vehicles
The Centre has revised the PM E-DRIVE scheme, extending incentive timelines for some electric vehicle segments while tightening payout conditions under the fund-limited programme. The changes are aimed at keeping support in place for electric scooters and selected three-wheelers, but with stricter caps and clearer cut-off dates. PM E-DRIVE Scheme Gets New Deadlines Under
Business
KPMG is preparing to cut almost 600 jobs in the UK as the firm responds to a prolonged slowdown and unusually low staff turnover in parts of its business. The move reflects continued pressure in the professional services sector, where weaker market conditions have reduced hiring momentum and forced firms to reassess workforce size. KPMG […]
International
Iran has warned that Israel will pay a “heavy price” after fresh strikes hit major industrial and nuclear-linked sites, as Tehran said the attacks undermined the diplomatic window set by US President Donald Trump for reopening the Strait of Hormuz. The latest exchange has added fresh pressure to an already widening regional war and raised […]
International
Russia will ban gasoline exports from April 1 to July 31 as the government moves to protect domestic fuel supply and contain price volatility amid the global energy shock triggered by the Iran war. The decision signals Moscow’s concern that turbulence in international oil markets could spill over into its own retail fuel system despite […]
Finance
The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million in the onshore deliverable market, in a move aimed at containing currency volatility after the rupee fell to a record low against the US dollar. The step comes as pressure on the Indian currency has intensified amid higher […]
International
Kuwait’s crude price climbed sharply to $118.93 per barrel after rising by $8.10, as the conflict involving Iran and the disruption around the Strait of Hormuz continued to drive fears of tighter global energy supplies. The jump reflects the broader pressure on oil markets as traders remain focused on the risk of prolonged instability in […]
International
Iranian security forces have arrested two people accused of plotting an armed attack in Golestan province, according to semi-official Tasnim News Agency, as authorities claimed they had disrupted an operation before it could be carried out. The alleged plot adds to growing security concerns inside Iran as the wider regional conflict continues to fuel internal […]