Business Economy India International News Politics

India Condemns Attack on Merchant Vessel Off Oman Coast, Calls for End to Shipping Strikes

New Delhi: India on Sunday strongly condemned the attack on the merchant vessel GFS Galaxy off the coast of Oman, stressing that attacks targeting civilian shipping and critical infrastructure in the region must cease immediately. The Ministry of External Affairs (MEA) said that 11 Indian nationals were on board the vessel at the time of Read More…

International News Politics

US Strikes Iran After Ship Attack in Strait of Hormuz; Tehran Retaliates Against Gulf States

Dubai: The United States launched a series of military strikes on Iran early Sunday following an Iranian attack on a commercial vessel in the Strait of Hormuz that set a container ship on fire and forced its crew to abandon the vessel. According to the US military’s Central Command (CENTCOM), the operation targeted approximately 140 Read More…

Business Economy International News Politics

Iran Closes Strait of Hormuz Amid Rising Regional Tensions

Tehran: Iran has announced the closure of the strategically important Strait of Hormuz amid escalating tensions in the Middle East. The move comes in the wake of Israeli military strikes in southern Lebanon, which reportedly left 32 people dead. Iranian authorities said the decision was taken against the backdrop of the continuing attacks and growing Read More…

Business Economy International News

Xi, Putin Oppose US-Israel Strikes on Iran, Warn Over Strait of Hormuz Disruption

hinese President Xi Jinping and Russian President Vladimir Putin on Wednesday strongly opposed the ongoing US-Israel military actions against Iran and warned that disruptions to shipping routes in the Strait of Hormuz could seriously affect global trade. The remarks came after day-long talks between the two leaders in Beijing. In a joint statement issued after Read More…

Business Economy India News

Panic Buying Triggers Fuel Crisis in Odisha, Daily Wage Workers Worst Hit

Alleged fuel shortage across Odisha has disrupted normal life in several parts of the state, with daily wage earners, gig workers, fishermen and transport operators among the worst affected. Long queues were seen outside petrol pumps in many districts as panic buying intensified fears of a fuel crisis. Several commuters and workers complained that they Read More…

Business Economy India kerala News

Government Hikes Gold, Silver Import Duty Amid Economic Strain

In response to rising economic pressure linked to the West Asia conflict, the Central government has raised import duties on gold and silver to 15 per cent in an effort to curb overseas purchases and conserve foreign exchange reserves. Officials stated that the revised tariff includes higher customs duty and additional cess charges aimed at Read More…

Business Economy Industry International News

Indian Ships Cross Strait of Hormuz Amid Ongoing Tensions

New Delhi: Amid continuing tensions in the region, Indian vessels have begun crossing the Strait of Hormuz, according to reports, a day after Iranian forces allegedly opened fire near ships anchored off the Oman coast. Sources said an Indian-flagged vessel became the tenth ship to successfully pass through the strategic waterway. However, two Indian tankers Read More…

Business Economy India International News

India Protests After Reports of Iranian Firing on Ships Near Strait of Hormuz

New Delhi: India has lodged a strong protest with Iran following reports that Iranian forces opened fire on vessels, including Indian ships, after the closure of the Strait of Hormuz. According to reports, the Ministry of External Affairs summoned the Iranian Ambassador over the incident involving firing at an Indian vessel. The ships were reportedly Read More…