Iran-backed Houthi rebels’ attack on commercial ships in the Red Sea has sparked fears of destabilizing the region amid the ensuing Israeli war in Gaza. The US has formed a multinational task force, named Operation Prosperity Guardian, to deter the Houthi threat in the middle eastern waterway, which is crucial for international trade. India’s big chunk of crude oil shipping also comes from this area. Major oil companies are now taking longer routes to deliver goods, resulting in a sharp rise in oil prices.
Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…
In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in…
Five Maoists were killed in two separate encounters with security forces in Chhattisgarh’s Bijapur district,…
Canadian Prime Minister Mark Carney said the most populous country, with the fifth-largest economy, must…
The Reserve Bank of India (RBI) has frontloaded its rate cuts to support economic growth,…
PM Narendra Modi on Saturday called for urgent global action to build infrastructure that can…