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India’s crude oil, LNG imports surge in May although bill continues to stay elevated

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India’s crude oil, LNG imports surge in May although bill continues to stay elevated

Representational file image. | Photo Credit: Reuters In the third full month (May) of the West Asia crisis this year, India’s imports of crude oil surged nearly 7.5% from April, whilst that of liquified natural gas (LNG) increased about 16%. However, the country’s import bill for crude oil surged 14.7% and that of LNG more…

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Business

FIFA World Cup 2026 | South Africa and Czechia can’t slip up

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FIFA World Cup 2026 | South Africa and Czechia can’t slip up

Czechia’s Patrik Schick controls a ball during a training session. | Photo Credit: AP South Africa’s return to the World Cup after a 16-year absence has so far resembled much of its footballing history — spirited, organised and competitive, but ultimately punished by fine margins. A 0-2 defeat to host Mexico in the opening match…

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Sports

RBI allows banks to offer higher interest rates to NRIs/PIOs to mobilise forex

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RBI allows banks to offer higher interest rates to NRIs/PIOs to mobilise forex

The central bank has issued Amendment Directions on June 17, 2026. File. | Photo Credit: Reuters The Reserve Bank of India (RBI), on a review of it’s 2025 direction, has decided to temporarily withdraw interest rate ceiling on fresh Foreign Currently Non-Resident- Bank [FCNR(B)] deposits of 3-5 year tenors and restriction on interest rates on…

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Business

Bangladesh PM’s adviser was stopped at Delhi airport as his name was on ‘blacklist’

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Bangladesh PM’s adviser was stopped at Delhi airport as his name was on ‘blacklist’

Bangladesh Prime Minister Tarique Rahman’s Information and Broadcasting Adviser Zahed Ur Rahman. File photo: Special Arrangement Bangladesh Prime Minister Tarique Rahman’s Information and Broadcasting Adviser Zahed Ur Rahman was stopped by immigration officials at the Delhi airport on June 14 as his name had been included in a “blacklist” generated by the Ministry of External…

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World

Despite crisis we see momentum in market: Mercedes-Benz India chief

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Despite crisis we see momentum in market: Mercedes-Benz India chief

The company recently introduced a plug-in hybrid variant of the S-Class in India, offering nearly 100 km of electric-only driving range and catering to customers seeking electrification without fully transitioning to battery-electric vehicles. File. | Photo Credit: ANI Despite the series of shocks including the latest West Asia conflict and the resultant supply chain disruptions…

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Business

What does the India-Russia logistics agreement allow? | Explained

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What does the India-Russia logistics agreement allow? | Explained

The story so far: The India-Russia bilateral Logistics Support Agreement (LSA), termed the Reciprocal Exchange of Logistics Agreement (RELOS), which had been dragging on for several years, was operationalised in January this year. There was a flutter on social media recently with claims that it allows the stationing of 3,000 Russian troops on Indian soil…

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World

Congress party’s ‘misrule’ crippled welfare, halted Telangana’s development: KTR

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Congress party’s ‘misrule’ crippled welfare, halted Telangana’s development: KTR

BRS working president K.T. Rama Rao addressing party workers at Palair in Khammam district on Wednesday. KHAMMAM Bharat Rashtra Samithi (BRS) working president K.T. Rama Rao has alleged that the Congress government’s ‘misrule’ crippled welfare and brought development to a standstill in the State. Addressing BRS functionaries in Palair constituency of Khammam district on Wednesday,…

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Nation

SBI knocks HC doors over State government selling five acres land ‘allotted to it earlier’

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SBI knocks HC doors over State government selling five acres land ‘allotted to it earlier’

Justice N.V. Shravan Kumar of the Telangana High Court on Thursday will hear two writ petitions filed by the State Bank of India challenging the sale of its five acres of land through e-auction by the State government. The SBI filed the two petitions by way of lunch motions two days ago seeking direction to…

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Nation

Putin hosts leaders of Southeast Asian nations, seeking to boost their business ties

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Putin hosts leaders of Southeast Asian nations, seeking to boost their business ties

Russia’s President Vladimir Putin and Brunei’s Sultan Hassanal Bolkiah attend a meeting on the sidelines of the Russia-ASEAN Summit in Kazan, Russia, on June 17, 2026. | Photo Credit: Reuters Russia’s President Vladimir Putin is hosting leaders of the Association of Southeast Asian Nations at a meeting Wednesday (June 17, 2026) that seeks to bolster…

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World