International
US Secretary of State Marco Rubio has said Iran will not be allowed to charge tolls or fees on ships passing through the Strait of Hormuz under any final agreement with Washington, as negotiations continue after a preliminary US-Iran deal to halt hostilities. Rubio Rejects Iran Strait Of Hormuz Tolls Rubio said the United States […]
National
The External Affairs Ministry said the recent Iran-US MoU has helped improve the movement of India-bound energy and fertiliser shipments through the Strait of Hormuz, a key maritime route for global oil and trade flows. Iran US MoU Boosts India Energy Supplies The ministry said 11 India-bound vessels have crossed the Strait of Hormuz since […]
International
The US Senate has passed a war powers measure directing President Donald Trump to end American hostilities involving Iran unless military action is authorised by Congress or required for immediate self-defence. The vote reflects growing concern among lawmakers over presidential authority and the risk of wider escalation in West Asia. US Senate Iran Vote Challenges […]
International
India on Tuesday welcomed the U.S.-Iran Memorandum of Understanding, with National Security Advisor Ajit Doval saying the agreement could support global energy security, ease supply chain disruptions and improve maritime stability in West Asia. India Welcomes US-Iran MoU Speaking at the 16th BRICS National Security Advisers’ meeting in New Delhi, Doval said India viewed
Finance
The Reserve Bank of India has clarified that domestic banks can extend loans to non-residents against foreign currency deposits, including through their overseas branches, as part of efforts to attract more foreign exchange inflows. RBI Allows Loans Against FX Deposits The RBI said Indian banks may offer loans to non-residents against Foreign Currency Non-Resident Bank
Markets
Canada-based Fairfax has bought nearly $1 billion worth of Indian government bonds through its local unit, in a rare large-scale purchase that may be linked to its interest in acquiring a stake in IDBI Bank. Fairfax Buys Indian Government Bonds Fairfax India Holding Corp purchased Indian government debt worth nearly $1 billion last Friday, marking […]
Industry
India is exploring steady supplies of Australian spodumene to support domestic ceramic glass production for induction cooktops, as the government looks to reduce dependence on Chinese imports amid a sharp rise in electric cooking appliance demand. India Eyes Australian Spodumene Supply Senior government officials said the Power Ministry has taken up the issue of
Health
India has crossed more than five lakh organ donation pledges, marking a major milestone in public participation for organ and tissue donation. The Health Ministry said the achievement reflects growing awareness and citizen commitment towards saving lives through voluntary donation. India Organ Donation Pledges Cross Five Lakh The Ministry of Health and Family Welfare said