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The disruption in the Strait of Hormuz amid the Iran conflict has triggered a major disruption in the supply of bunker fuel for Asia, the heavy residual oil that powers most of the world’s cargo ships. It has raised concerns over higher freight costs, supply chain disruptions and rising consumer prices globally.Bunker fuel, a thick…
Samajwadi Party leader Akhilesh Yadav on Wednesday said the party has ended its association with the Indian Political Action Committee (I-PAC), citing financial constraints rather than political reasons.Speaking at a press conference, Yadav clarified that the party had briefly engaged I-PAC as part of its early preparations for the 2027 Uttar Pradesh Assembly elections, but…
US Federal Reserve Governor Michael Barr has warned that stress in the fast-growing private credit market could trigger “psychological contagion” and spill into the broader financial system, Reuters reported citing an interview with Bloomberg News.Barr said direct links between banks and private credit firms do not currently appear “super worrisome”, but other areas such as…
US Federal Reserve Governor Michael Barr has warned that stress in the fast-growing private credit market could trigger “psychological contagion” and spill into the broader financial system, Reuters reported citing an interview with Bloomberg News.Barr said direct links between banks and private credit firms do not currently appear “super worrisome”, but other areas such as…
NEW DELHI: Observing that functioning of National Company Law Tribunals (NCLT) has been impaired by numerous vacancies and inadequate infrastructure — leading to substantial delay in deciding cases, particularly those involving resolution plans under Insolvency and Bankruptcy Code (IBC) — Supreme Court has taken suo motu cognisance and decided to initiate remedial measures, reports Amit…
Simone Biles shares honest Los Angeles 2028 Olympics plan as time crunch and mental health take center stage (Image via Getty) Simone Biles is not done thinking about the Olympics just yet. The American gymnastics star said she is still unsure about competing at the Los Angeles 2028 Games, even as time starts to run…
The United States has consumed large quantities of advanced missiles and interceptors during its military campaign against Iran, triggering internal concern that a prolonged drawdown could complicate Washington’s ability to respond quickly to a future crisis involving China and Taiwan, according to multiple US officials and new strategic assessments.The issue has emerged as one of…
BETTIAH: Shortage of medical staff came to the fore at the Bagaha sub-divisional hospital in West Champaran district after a security guard was asked to assist doctors in stitching the injuries of road accident victims amid an unexpected rush of patients on Monday.The injured were identified as Wasim Akhtar, a pickup van driver, and Surendra…
Amid ongoing geopolitical tensions straining global oil supplies, the government has said that it is ensuring uninterrupted fuel availability across the country and is closely monitoring maritime safety in the Middle East.Reassuring citizens, the ministry of petroleum and natural gas said there has been no disruption in household LPG supply. “Domestic LPG cylinder deliveries remain…
The United States has informed several European allies that deliveries of previously contracted weapons are likely to be delayed as the ongoing Iran war places increasing pressure on American arms stockpiles, according to five sources familiar with the matter.Reuters sources, who spoke on condition of anonymity, told Reuters that multiple European countries, including nations in…
