Month: August 2026

India’s economic growth to slow to 6.8% FY27 amid West Asia crisis, El Nino impact

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India’s economic growth to slow to 6.8% FY27 amid West Asia crisis, El Nino impact

Image used for representational purposes. File | Photo Credit: Reuters India Ratings & Research on Tuesday (August 18, 2026) projected India’s GDP growth to slow down to 6.8% in the current fiscal year, as against 7.6% in the previous year, citing risks from fuel and food inflation stemming from West Asia conflict’s uncertainty, weak currency,…

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Business

Lebanon is handing over an Assad-era general after war crimes questioning

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Lebanon is handing over an Assad-era general after war crimes questioning

Syria’s ousted President Bashar Assad | Photo Credit: Reuters Lebanon’s judicial authorities have decided to hand over a former senior Syrian military officer under ousted President Bashar Assad to Damascus after questioning him over crimes he allegedly committed during the country’s conflict, officials said Tuesday (August 18, 2026). Maj. Gen. Adel Issa will be the…

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World

BSE Ltd. down to 4-month low after reports downgrade on CAS concerns

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BSE Ltd. down to 4-month low after reports downgrade on CAS concerns

Down arrow showing stock market crash. 3d illustration | Photo Credit: iStockphoto/Getty Images Bombay Stock Exchange (BSE) Ltd. stock fell for five straight sessions, closing at ₹3308 a piece, down 0.7%, after brokerages downgraded the stock, flagging revenues due to the STT hike, RBI bank guarantee (BG) norms and the Closing Auction Session (CAS). The…

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Business

Government to allocate additional 200 SCM gas in latest push for domestic PNG

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Government to allocate additional 200 SCM gas in latest push for domestic PNG

A piped natural gas (PNG) regulator. File | Photo Credit: Siddhant Thakur Seeking to further fuel its push for adoption of piped natural gas (PNG), the government on Tuesday (August 18, 2026) evening announced eligible city-gas distributors (CGDs) would be allocated an additional 200 standard cubic metres (SCM) of the lower-priced Administered Price Mechanism (APM)…

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Business

Turkey’s Erdogan signs law offering conditional pardon for thousands of PKK militants

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Turkey’s Erdogan signs law offering conditional pardon for thousands of PKK militants

Turkish President Recep Tayyip Erdogan. File | Photo Credit: AP Turkish President Recep Tayyip Erdogan has signed into law a measure that would introduce a conditional pardon for thousands of Kurdish militants as part of a government peace effort with the Kurdistan Workers’ Party, or PKK. The measure was published in the Official Gazette on Tuesday…

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World

Puducherry’s Pro-tem Speaker Anbalagan does not rule out presiding over Budget session

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Puducherry’s Pro-tem Speaker Anbalagan does not rule out presiding over Budget session

A. Anbalagan addressing the media on Tuesday. | Photo Credit: Special Arrangement Pro-tem Speaker A. Anbalagan has not ruled out the possibility of him chairing the Budget session of the Legislative Assembly starting from August 24 in Puducherry.  “There is no rule which does not allow the pro-tem Speaker to chair the regular session of…

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Nation

Meta trial that could reshape Facebook, Instagram gets underway

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Meta trial that could reshape Facebook, Instagram gets underway

Meta CEO Mark Zuckerberg. File | Photo Credit: AP A coalition of States suing Meta Platforms over claims Facebook and Instagram were designed in ways that harmed young users’ mental health will begin making its case on Tuesday in California at a federal court in a trial that could reshape some of the most popular…

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World

India’s crude import bill surges 41% in July amid West Asia crisis; volumes up 13%

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India’s crude import bill surges 41% in July amid West Asia crisis; volumes up 13%

India imports for nearly 89% of domestic crude oil needs | Photo Credit: The Hindu i India’s crude oil import bill surged more than 41% year-on-year to $13.7 billion in July, according to provisional data released by the Petroleum Planning and Analysis Cell (PPAC), as elevated global oil prices amid persistent uncertainty in West Asia…

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Business