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SILCHAR: Prime Minister Narendra Modi on Saturday said the govt was making every effort to ensure Indian citizens face minimum impact of the West Asia conflict but the Congress party was creating panic within the country.“The BJP government is trying to ensure that the impact of the war-like situation remains minimal on the people of…
What is force majeure and why have some Gulf countries invoked it during the Iran vs US-Israel war? As the Middle East conflict between Iran, the United States and Israel intensifies, a legal term rarely discussed outside corporate boardrooms has suddenly become headline news and that is force majeure. Several Gulf energy producers, including Qatar,…
Hindalco Industries Ltd has notified customers that it’s suspending sales of extruded aluminum products, in a sign of the broadening impact that the Iran war is having on the metal’s global supply chain. The conflict has already prompted some aluminum smelters in West Asia to suspend sales due to the effective halt on shipping through…
Smoke rises from the US embassy building in Baghdad, Iraq (Picture credit: AP) The US-Israel war on Iran entered its 15th day on Saturday with the conflict spilling further across the Gulf, as Iran struck the US embassy compound in Baghdad, targeted a major oil storage hub in the UAE, and intensified drone and missile…
The persistence and sustainability of high oil prices will play a key role in shaping the scale of the economic impact on countries. (AI image) Inflation at a benign 2.2% and growth at 8.0% in the first half of 2025-26 present a rare goldilocks period – that’s what RBI governor Sanjay Malhotra said in the…
What happens when a country expects its generals to be killed, its command centres to be bombed and its communications to be disrupted — and still plans to keep fighting?That question sits at the heart of Iran’s so-called “mosaic defence” strategy, a decentralised war doctrine built to ensure the state can absorb devastating early strikes…
Iranian state media has released new video footage showing part of the IRGC’s drone arsenal displayed inside a large underground tunnel, under Khamenei’s posters.Another Iranian state media outlet released footage showing drones being launched by the Islamic Revolutionary Guard Corps (IRGC) as part of its ongoing military campaign against US and Israeli targets. The Kharg…
Gold prices have slipped in recent sessions even as geopolitical tensions escalated in West Asia, surprising investors who typically view the precious metal as a safe-haven during periods of uncertainty.It has been 14 days of intense military exchanges involving the United States, Israel and Iran. Over this period, benchmark indices Nifty and Sensex have declined…
Iranian state media has released new video footage showing part of the IRGC’s drone arsenal displayed inside a large underground tunnel, under Khamenei’s posters.Another Iranian state media outlet released footage showing drones being launched by the Islamic Revolutionary Guard Corps (IRGC) as part of its ongoing military campaign against US and Israeli targets.On Saturday, the…
Before the US and Israel even launched strikes, Iran had a plan ready, and it didn’t solely rest on conventional firepower. The country has been quietly preparing to turn the Strait of Hormuz, a vital artery for the world’s oil supply, into a strategic lever, according to sources cited by Reuters. Any disruption to the…
