Global oil prices surged and equity markets weakened on Friday after fresh strikes on energy infrastructure in Iran and in retaliation Islamic Republic escalating threats to key facilities across the Gulf raised concerns over supply disruptions.Natural gas prices increased by more than 5%, while Brent crude rose to $111.19 in early trading and extended its…
‘Israel lashed out’: Trump distances US from gas field strike; warns Iran after Qatar LNG hub hit (AP photo) US President Donald Trump said late Wednesday that the strike on Iran’s South Pars gas field was carried out by Israel, adding that neither the United States nor Qatar had any involvement.In a social media post,…
NEW DELHI: The rapid rise in heat in the first half of March, leading to the spectre of an early and long summer in north India, appears to have halted for at least the next two weeks. While an ongoing weather system is bringing rain to north India, two more are expected to impact the…
NEW DELHI: An AI-powered robotics and software systems company, XTEND, which is headquartered in Israel with a major base and production facility in US’ Florida, on Tuesday announced that it has signed an $11 million manufacturing and distribution agreement with India-based defence technology company Rayonix Tech for unmanned aerial vehicles (UAVs) to expand its AI-enabled…
NEW DELHI: Ten years later and after two attempts, govt has failed to privatise IDBI Bank, the perpetual problem child, leaving potential bidders fatigued and raising questions over the process as well as future disinvestment plans.It wasn’t the first time that the Centre tried to exit IDBI Bank, with the plan first announced by former…
Why Are Sirens Blaring in Bahrain? Residents Urged to Seek Shelter Amidst Escalating Iran vs US-Israel War Panic and urgency gripped Bahrain as warning sirens echoed across the country, with authorities issuing an immediate advisory urging residents to seek shelter. The alert, issued by the Interior Ministry, called on citizens and residents to remain calm…
NEW DELHI: As the Rajya Sabha bid farewell to 59 MPs, PM Narendra Modi told retiring members there is no full stop in politics, while praising the service of senior MPs like H D Deve Gowda, Sharad Pawar and LoP Mallikarjun Kharge.Addressing the House, Modi said that on such occasions, “we rise above partisan differences,…
India-flagged tanker Jag Laadki, carrying crude oil imported from the UAE, arrives at Mundra port in Gujarat on Wednesday NEW DELHI: Amid the scarcity of oil, a tanker carrying Russian crude that is likely to dock at New Mangalore Port on Saturday, according to data from ship tracking website Marine Traffic, is generating significant interest.The…
Novak Djokovic and Martina Navratilova (Image Via Getty) Novak Djokovic has pulled out of the 2026 Miami Open just days before the tournament, and it has raised fresh questions about his form and fitness. The 38-year-old Serbian star cited a shoulder issue, but the timing of the decision has caught attention, especially with the clay…
US intelligence chief says Iran not rebuilding nuclear programme, undercutting Donald Trump’s war rationale US intelligence has concluded that Iran has not tried to rebuild the nuclear enrichment capacity destroyed in last year’s US and Israeli strikes, a finding that cuts against one of President Donald Trump’s central claims for the current war, according to…