Stay Connected. Stay Informed.
World leaders gather in New York this week for the UN General Assembly, bracing for President Donald Trump’s return to the rostrum for a second year running, with talks centering on the widening conflicts in the West Asia and Ukraine and the risks of artificial intelligence. Nearly 130 heads of state meet with the post-World…
Read More “World leaders return to UN amid wars in West Asia and Ukraine” »
“They want to make a deal. We’ll see how that works out,” U.S. President Donald Trump said, referring to Iran, reiterating past comments. File | Photo Credit: AP U.S. President Donald Trump said he hoped an end to the war against Iran was near, as the conflict, in its seventh month, escalated with Saudi aircraft…
Read More “Trump hopes Iran war nearing end as Houthi-Saudi fighting escalates” »
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday (September 8, 2026) as rising crude oil prices and the U.S.-Iran hostilities kept risk appetite subdued. The 30-share BSE Sensex dropped 382.25 points to 75,750.56 in early trading. The 50-share NSE…
Read More “Stock markets decline in early trade amid rising oil prices, West Asia crisis” »
The government has for the first time fixed maximum cooking gas LPG production targets for individual public- and private-sector refineries and upstream companies, as it seeks to build a domestic supply buffer after the West Asia conflict exposed the country’s vulnerability to disruptions in imported cooking gas. The Petroleum and Natural Gas Ministry, in an…
Read More “Government sets LPG production targets for refiners; Reliance gets largest quota” »
The Minister of Petroleum and Natural Gas, Mr Hardeep Singh Puri, said last week that 67% of India’s liquefied petroleum gas (LPG) came from the U.S. Although he didn’t mention the timeframe for when energy-hungry India “achieved” this, it is clearly a drastic shift from an earlier government decision to source about 10% of cooking…
The June 2026 data for the Index of Industrial Production has come as a pleasant surprise. The 23-month high growth rate of 7.3% of the overall index was unexpected given the significant economic headwinds from the West Asia crisis and a deficient monsoon. Some of the growth was due to a low base, since the…
Read More “Temporary respite: On the June 2026 data for the Index of Industrial Production” »
The Bab el-Mandeb Strait has returned to the geopolitical spotlight after Yemen’s Iran-backed Houthi movement announced on July 20 a maritime blockade against Saudi Arabia, warning that Saudi-linked vessels transiting the strategic waterway would be targeted. Shortly afterwards, the group reinforced the warning by emailing shipping companies, directing them not to load or unload cargo…
Rupee depreciated for the fourth straight day, shedding 8 paise to settle at 96.33 against the U.S. dollar. File | Photo Credit: Reuters The rupee depreciated for the fourth straight day on Thursday (July 16, 2026), shedding 8 paise to settle at 96.33 (provisional) against the U.S. dollar amid volatility in global crude oil prices…
Read More “Rupee settles eight paise lower at 96.33 against U.S. dollar” »
A recovery in the stock markets and dollar selling by state-run lenders supported the local currency amid rising volatility triggered by the fresh escalation in the West Asia crisis. | Photo Credit: Reuters The rupee appreciated by 7 paise to settle at 95.41 (provisional) against the U.S. dollar on Thursday (July 9, 2026) even as…
Read More “Rupee rises 7 paise to settle at 95.41 against U.S. dollar” »
U.S. President Donald Trump, who is in Ankara to attend a NATO summit, said on Wednesday (July 8, 2026) that the ceasefire with Iran was “over”. His remarks came after tit-for-tat overnight strikes by the U.S. and Iran that threatened the already fragile ceasefire. The U.S. launched dozens of strikes on Iran in retaliation for…