RBI advises proactive steps to limit impact of West Asia crisis
Mumbai: India needs to closely monitor the evolving situation in West Asia and take proactive measures to limit the impact of spillovers, as the country is dependent on crude oil imports, the Reserve Bank’s bulletin said on Monday. The March bulletin, however, noted that India’s foreign exchange reserves remain adequate to provide a cushion against […]
‘Iran-Us peace talks’
Oil prices ease, stocks jump after Trump says Iran is talking with US New York: Relief is ripping through financial markets Monday after President Donald Trump said the United States has talked with Iran about a possible end to their war. Oil prices are easing, and stock prices are jumping on Wall Street following […]
CBSE announces assessment scheme for Class 10 board exams cancelled in Middle East
New Delhi: The Central Board of Secondary Education (CBSE) has announced a detailed assessment scheme for Class 10 exams in the Middle East region which were cancelled amid escalating West Asia conflict, according to officials. The exams were cancelled following a critical review of the prevailing situation across Bahrain, Iran, Kuwait, Oman, Qatar, Saudi Arabia […]
Middle East war: IEA suggests carpooling, less air travel, speed curbs to ease oil shock
New Delhi: Reducing highway speed limits by at least 10 km/h, switching to electric cooking, avoiding air travel where alternatives are possible and increasing car sharing — these are among the recommendations made in a new report by the International Energy Agency (IEA) to ease the economic impacts on consumers from oil market disruptions stemming […]
India must become self-reliant in drone manufacturing: Rajnath Singh
New Delhi: India must develop a robust ecosystem for drone manufacturing to enhance its defence preparedness, Defence Minister Rajnath Singh said on Thursday, highlighting lessons from the Russia-Ukraine and Iran-Israel conflicts. In an address at an event, Singh asserted that the two conflicts prove that drones and counter-drone technologies will play a “pivotal role” in […]
LPG bookings close to normal, but situation continues to be worrisome
New Delhi: Bookings for domestic LPG refills are approaching pre-war normal levels, signalling a gradual return to normalcy, but concerns persist as supply restrictions on commercial consumers, including hotels, remain in place due to ongoing disruptions in input supplies caused by the West Asia conflict. Over 33 crore domestic LPG consumers had, on average, booked […]
Centre promise 10 pc more LPG to states that expedite piped gas rollout
New Delhi: As the LPG supply squeeze extends into the third week, the central government on Wednesday promised to increase supplies of commercial LPG to states that fast-track the rollout of piped gas networks in a bid to ease pressure on the cooking fuel availability. As the war in West Asia blocked India’s access to […]