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India’s leather and footwear industry is struggling with high input costs due to the ongoing Middle East crisis and is seeking import duty exemptions on essential raw materials, machinery and components. Industry representatives have taken up the issue with the commerce and industry ministry, warning that the disruption has sharply raised the cost of several…
Iran is facing mounting economic and military strain as a United States naval blockade around the Strait of Hormuz and Gulf of Oman continues to choke off its critical oil exports, with Pentagon-linked estimates putting losses at roughly $4.8 billion, a report by Axios said. The disruption has intensified pressure on Tehran’s already fragile economy,…
Cheap fibre-optic drones deployed by Hezbollah are posing new operational challenges for Israeli troops in southern Lebanon, prompting the military to adjust its tactics in response to an increasingly lethal threat.The devices are small, inexpensive and widely available, resembling “children’s toys”, said Orna Mizrahi, a senior researcher at the Institute for National Security Studies.The military…
NEW DELHI: While acknowledging possible stress due to the West Asia conflict , expenditure secretary Vumlunmang Vualnam Friday said that the Centre will prioritise capital expenditure and seek to ensure that the entire allocation for public spending is utilised.“The fiscal stress is indeed very much a reality, but at the same time… the capex will…
DHAKA: Hardline Jamaat-backed opposition MP Akhter Hossen has warned about a possible influx of Muslims into Bangladesh from neighbouring India, alleging a potential “conspiracy being hatched in the region” to burden his country with a refugee crisis.Hossen did not name the “region” in India he had in mind. However, his statements were seen by many…
NEW DELHI: Desperate times call for desperate measures. Full service Air India is planning to make meals optional on its domestic and short international (under two hour) flights. Once this “unbundling” rolls out in the next month or two, passengers opting out of meals could have upwards of Rs 250 shaved off their ticket price….
Preity Zinta, over the years, has often shared details about her close friendships in Bollywood and is frequently seen talking about them. There was a time when, during an appearance on a popular reality TV show, the actress opened up about a co-actor and close friend, revealing that he would be the last person she…
Iranian President Masoud Pezeshkian and Parliament Speaker Mohammad Bagher Ghalibaf are seeking the removal of Foreign Minister Abbas Araghchi, accusing him of acting under the direction of the Revolutionary Guards leadership without informing the presidency, according to a report citing sources familiar with the matter.Two sources told Iran International that Pezeshkian and Ghalibaf believe Araghchi…
Pakistan has admitted its vulnerability to the ongoing global oil shock saying the country lacks “strategic oil reserves like India” that have helped New Delhi cushion the impact of soaring crude prices triggered by tensions in the Middle East. The remark comes as oil prices surged to $126 per barrel, the highest since 2022, amid…
NEW DELHI: The Centre on Friday increased the 19 kg commercial cylinder price by Rs 993 across the country, news agency ANI reported, citing sources.There is no change in domestic cylinder prices. A 19 kg commercial cylinder will now cost Rs 3,071.50 in Delhi.The price increase comes amid broader discussions around India’s energy supply situation,…
