National
India has cut special additional excise duties on petrol and diesel as the government moves to cushion fuel markets from the shock caused by the Iran war and the disruption around the Strait of Hormuz. The decision comes as oil and gas supplies remain under pressure and concerns over import costs continue to grow. India […]
Op-Eds Opinion
The recent conversation between United States President Donald Trump and Prime Minister Narendra Modi on the escalating Iran conflict has triggered predictable political reactions in India. Opposition parties quickly attempted to frame the episode as a contradiction after External Affairs Minister S Jaishankar told Parliament that India is “not a broker nation like
International
Iran has said vessels from India and other friendly countries will be allowed to pass through the Strait of Hormuz, offering a limited easing in one of the world’s most critical shipping routes amid the ongoing West Asia conflict. The statement was attributed to Iranian Foreign Minister Abbas Araghchi and shared by the Consulate General […]
Economy National
The Indian rupee is expected to remain under pressure near record lows despite some relief from falling oil prices, as maturing non-deliverable forward positions and capital outflows continue to drive dollar demand. The Reserve Bank of India was seen intervening through state-run banks to limit further losses, helping the rupee hold just above its weakest-ever […]
International
Prime Minister Narendra Modi spoke with US President Donald Trump on Tuesday, with both leaders discussing the worsening West Asia conflict and the importance of keeping the Strait of Hormuz open. The conversation underlined India’s growing concern over energy security, shipping disruption and the wider economic fallout of the crisis. Modi Trump Call Focuses On […]