Latest News, Updates & Breaking Headlines
MUMBAI: For the first time in nearly 15 years, the RBI has placed curbs on the size of bets that banks can take in the currency markets, taking away powers, hitherto, vested with bank boards. The move comes at a time when the rupee is under pressure due to a combination of sales by foreign…
NEW DELHI: Govt on Thursday ruled out imposing restrictions on sale of petrol and diesel, asserting there was no shortage of oil and gas and that refiners were tying up additional imports.Calling India an “oasis of energy security” that supplies refined fuel to over 150 countries, govt said domestic petrol and diesel availability is structurally…
Oil price today: Oil prices inched higher on Thursday, once again swinging past the $100 mark after a sharp drop in the previous session. Brent crude rose by $1.13, or 1.1%, to $103.35 a barrel by 0051 GMT, while US West Texas Intermediate crude gained $1.08, or 1.2%, to $91.40 a barrel. The rebound follows…
The Trump administration’s decision to curtail the activities of reporters at the Pentagon, which led to the departure of most news organisations from the building, was blocked on Friday by a federal judge in Washington.The court ruled in favour of a lawsuit brought by the New York Times, which accused the administration of free speech…
NEW DELHI: Following a temporary waiver issued by the US administration on sanctioned Iranian oil stranded at sea, Indian refiners on Saturday said they would be keen to buy the crude, even as Tehran maintained that no surplus stocks existed.US treasury secretary Scott Bessent announced the waiver on Friday, saying that by temporarily unlocking this…
Aviation safety regulator DGCA has granted temporary relaxations in flight duty norms for Air India’s long-haul flights as the carrier takes longer routes because of airspace restrictions in the Middle East amid the ongoing Iran conflict, sources cited by news agency PTI said on Sunday.With Iranian and Iraqi airspace restrictions in place, Air India is…
BENGALURU: With the West Asia crisis escalating and recent Iranian strikes targeting the UAE, several IT companies and global capability centres (GCCs) have activated their business continuity plans (BCPs), introducing measures such as work-from-home, travel advisories and temporary office closures.Amid rising geopolitical uncertainty, many tech firms and GCCs are increasingly relying on India as a…
INDORE: A squeeze in the supply of commercial LPG cylinders is casting a shadow over the ongoing peak wedding season across Madhya Pradesh, forcing hotels and caterers to rethink menus, cut down live cooking stations, and explore alternate cooking options.Industry bodies say the timing could not have been worse. The current fortnight is among the…
Security heightened in Jammu and Kashmir. NEW DELHI: The ministry of home affairs has cautioned states about the possibility of communal tensions in the wake of the ongoing conflict involving Iran, asking authorities to stay alert and take preventive steps.In a letter circulated on February 28, the ministry warned that recent military developments in West…
Air India has extended the suspension of all its flights to and from the United Arab Emirates, Saudi Arabia, Israel and Qatar until 2359 hrs IST on March 2, 2026, citing the continuing situation in the Middle East.In a statement, an Air India spokesperson said the decision was taken after closely monitoring the evolving circumstances…
