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US President Donald Trump on Sunday issued one of his starkest warnings yet to Iran, saying he was considering “blowing everything up and taking over the oil” if Tehran failed to reach a deal to reopen the Strait of Hormuz, a critical oil shipping lane.Speaking to a Fox News journalist, Trump said, “I think there…
The government has stepped up LPG supply across the country and urged consumers to avoid panic buying amid concerns over disruptions linked to the Strait of Hormuz, PTI reported on Sunday.Sale of small 5-kg LPG cylinders, available over the counter at distributorships on valid ID proof, has been ramped up to meet demand. These market-priced…
“O sleep, O gentle sleep, Nature’s soft nurse, how have I frightened thee…” wrote William Shakespeare centuries ago. Today, those lines feel less like poetry and more like a diagnosis.Sleep, once considered a passive, restorative necessity, has quietly turned into one of India’s most pressing yet under-recognised public health concerns. In a country racing toward…
The Reserve Bank is expected to keep the benchmark repo rate unchanged at 5.25% in its April monetary policy review, as rising inflation risks linked to the Middle East crisis cloud the outlook, according to a poll of economists cited by PTI.Geopolitical tensions, volatile commodity prices and sharp currency movements — with the rupee hitting…
The Middle East crisis has stretched beyond the one month mark, sending ripples across the globe. While somes nations are hiking fuel prices, others are introducing other measures to cushion consumers from the impact while balancing energy reserves. Pakistan is no stranger to the ongoing energy volitality as the country imports almost 85% of its…
Iranian blockade of Strait of Hormuz and the heavy price that global economy is paying these days bring back dark memories of a similar crisis that had enveloped the world nearly a decade after World War II had ended: the shutdown of the Suez Canal in the wake of a battle in which Egypt was…
With energy costs rising amid growing tensions in the Middle East, the Centre has introduced measures to boost domestic production of induction heaters as part of a broader effort to reduce dependence on conventional gas-based cooking systems.According to a government source cited by ANI, the department for promotion of industry and internal trade (DPIIT) on…
Russia on Friday highlighted its deepening energy partnership with India, saying that Moscow can ramp up energy supplies to the Indian market amid the ongoing energy crisis triggered by Middle East war. During his visit to India, Russia’s first deputy chairman Denis Manturov said that Moscow’s companies are capable to enhance supplies of oil and…
NEW DELHI: At a time when major IT firms are announcing sweeping layoffs — with Oracle the latest to reportedly let go of 12,000 employees in India — a new study flags a less visible fallout: it’s not just workers who are hit, but their parents too, with job loss among adult children linked to…
Pakistan has announced a sharp increase in petrol and diesel prices for the second time in less than a month, amid the ongoing Middle East war that has deeply impacted the global oil crisis.The latest hike is expected to worsen inflationary pressures and add to the economic burden on citizens already struggling with rising costs.The…
