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Watch: US releases video of strikes on Iranian naval vessels, says ‘harassed global shipping for decades’

The United States on Saturday released video footage showing its strikes on Iranian naval vessels, as the conflict across the Middle East continued to widen.Shared by US Central Command (CENTCOM) on X, the footage showed missiles being fired from warships in the region, fighter jets taking off from aircraft carrier decks, and precision strikes on…

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Freedom of navigation important for global economic security: EAM Jaishankar | India News

NEW DELHI: External affairs minister S Jaishankar on Friday underscored the importance of freedom of navigation for global economic security in a meeting of the G7 foreign ministers in France, amid Iranian blockade of Strait of Hormuz. On the margins, Jaishankar also met his G7 counterparts, including US secretary of state Marco Rubio with whom,…

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Centre announces extra 20% LPG allocation to states amid global energy crisis — what it means

As ongoing Middle East conflict continues to weigh energy supplies across the globe, the Centre has approached states to step up commercial LPG allocation, inceasing the distribution to 70%. In a letter to chief secretaries of all states and Union territories, secretary of the ministry of petroleum and natural gas, Dr Neeraj Mittal, outlined a…

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ISRO’s Bharatiya Antriksh Station first module set to launch in 2028: Advanced technologies, global space presence, and costing details |

India’s aspirations in space exploration are taking a major leap forward as it develops the Bharatiya Antriksh Station. The project, which seems to be heavily connected to the Gaganyaan mission, is now going beyond the conceptual phase. According to PIB reports, the space station will have five modules, of which the first module, called BAS-01,…

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Energy shock from Middle East war may lift US inflation to 4.2% this year; OECD warns of weaker global growth

The escalation of the Middle East conflict could push US inflation to 4.2% this year–the highest among G7 economies– while also slowing global growth, the Organisation for Economic Cooperation and Development (OECD) has said, underlining the widening economic costs of the US-Israel war with Iran, the Financial Times reported.In its interim economic outlook, the Paris-based…

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PM Modi to attend G7 summit in France from June 15-17, focus on global economy and Hormuz security | India News

NEW DELHI: Prime Minister Narendra Modi will attend the upcoming G7 summit in France from June 15 to 17, with his participation confirmed during high-level diplomatic engagements on the sidelines of the G7 Foreign Ministers’ Meeting.External affairs minister S Jaishankar held talks with French minister for Europe and foreign affairs Jean-Noël Barrot at the Abbaye…

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How Iran’s hit on Qatar LNG will impact global supply to buyers like India, Pakistan; China largely secure

Around 80% of Qatar’s LNG exports are directed to Asia, but higher prices are forcing India to look for alternative supplies. (AI image) The US-Iran war has had far reaching implications beyond the immediate rise in global oil and gas prices. The Middle East conflict has led to hits on key energy infrastructure in Gulf…

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Global boost: IITs make mark in QS top 50 rankings by subject | India News

MUMBAI/NEW DELHI: The Indian Institutes of Technology continue to anchor the country’s global reputation in engineering, placing multiple disciplines firmly within the world’s top 50 QS rankings by subjects. Close behind, management education is carving out its own space, with institutions such as IIM Ahmedabad pushing into elite global ranks and signalling India’s growing influence…

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60 million barrels of Russian crude booked by Indian refiners amid global supply strain

Indian refiners have stepped up purchases of Russian crude as they lock in supplies for the coming month, with around 60 million barrels secured, according to people aware of the developments. The move comes as disruptions linked to the ongoing Middle East conflict continue to affect global oil flows.The cargoes have reportedly been contracted at…

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