US Allows Temporary 30-Day Waiver for India to Purchase Russian Oil; IOC, BPCL and Other Refiners in Spotlight

The United States has issued a short-term waiver permitting Indian refiners to buy certain shipments of crude oil from Russia that are currently stranded at sea. The decision comes as … Read More

Petronet LNG Declares Force Majeure as Middle East Conflict Disrupts Gas Shipments

India’s leading liquefied natural gas importer, Petronet LNG Limited, has announced a force majeure situation following disruptions in LNG transportation caused by escalating geopolitical tensions in the Middle East. Shipping … Read More

US Test-Fires Minuteman III ‘Doomsday’ Nuclear Missile from California Amid Iran War: What Is the Minuteman III?

The United States recently conducted a test launch of the LGM-30G Minuteman III intercontinental ballistic missile (ICBM) from Vandenberg Space Force Base. The test was carried out as part of … Read More

India and Japan Review Trade Pact at 7th CEPA Joint Committee Meeting in Tokyo

India and Japan held the 7th Joint Committee Meeting of the Comprehensive Economic Partnership Agreement (CEPA) in Tokyo to review the implementation of the bilateral trade pact and explore ways … Read More

India’s Hotel Industry Expected to Grow Up to 12% in FY26: ICRA

ICRA has projected steady growth for India’s hospitality sector, estimating that the country’s hotel industry could expand by 9–12% year-on-year in FY26. The outlook remains positive despite a strong base … Read More

Iran Claims Strike on US Tanker in Gulf After American Submarine Sinks Iranian Warship

Tensions between Iran and the United States escalated sharply after Iran claimed it had struck a U.S. oil tanker in the northern Gulf, just hours after an American submarine torpedoed … Read More

Nitish Kumar Confirms Rajya Sabha Move, Aims to Complete ‘Four-House’ Political Milestone

Nitish Kumar, president of the Janata Dal (United), has announced that he will step down as Chief Minister of Bihar and seek election to the Rajya Sabha, ending weeks of … Read More

China Plans to Send Special Envoy to Mediate Amid Rising Middle East Tensions

China has announced plans to dispatch a special envoy to the Middle East in an effort to promote dialogue and ease tensions in the region, as the conflict triggered by … Read More

US Private Sector Adds 63,000 Jobs in February, Indicating Gradual Labour Market Improvement

Private employers in the United States created 63,000 jobs in February, reflecting a modest improvement in hiring activity, according to the latest ADP National Employment Report released on March 4, … Read More