United Nations, June 11 (IANS) International Maritime Organisation’s (IMO) Secretary-General Arsenio Dominguez has condemned the US attack on a tanker in which three Indian crew members were killed. The UN agency, IMO, is monitoring the situation closely and calls for a full and transparent investigation into the incident involving the tanker Settebello, he said in a statement.“I strongly condemn any act from any party that endangers the lives of seafarers and the safety of international shi…
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Madrid, May 26 (IANS) The Spanish Ministry of Health confirmed a new positive case of hantavirus among the 14 Spaniards who were among the passengers of the cruise ship MV Hondius affected by an outbreak of the disease while crossing the Atlantic Ocean in April.The 14 Spanish nationals from the vessel were evacuated from the island of Tenerife in a tightly controlled operation on May 10 and have since remained in preventive quarantine at Madrid’s Gomez Ulla Central Defence Hospital.The latest po…
Tenerife, May 11 (IANS) Javier Padilla, Spain’s Secretary of State for health, said on social media that the evacuation of passengers and some crew members from the hantavirus-hit cruise ship MV Hondius has been underway as planned, with more than 90 people expected to be evacuated by the end of the day.According to a video released by the official X account of the Spanish Interior Ministry’s General Secretariat for Civil Protection and Emergencies, 49 passengers and crew members from 14 differe…
New Delhi, April 27 (IANS) India is poised for an AI-led surge in venture capital (VC) investments, as global funding more than doubled to a record $330.9 billion in the first quarter of 2026, driven by a wave of artificial intelligence (AI)-led megadeals, according to a report released on Monday.In its latest report, KPMG said that global VC funding rose sharply from $128.6 billion in Q4 2025 to $330.9 billion in Q1 2026, even as the number of deals declined to 8,464 from 10,097, indicating a s…
Seoul, April 16 (IANS) South Korean airlines will impose the highest level of fuel surcharges on May flights as global oil prices surge amid escalating tensions in the Middle East, industry sources said on Thursday.Carriers set May surcharges based on the Mean of Platts Singapore (MOPS), which averaged US$214.71 per barrel from March 16 to April 15, placing them in the top-tier Level 33 bracket, the sources said. MOPS serves as a benchmark for refined petroleum products in the Asia-Pacific regio…
Kathmandu, April 8 (IANS) Nepal’s economic growth is projected to slow significantly in the current fiscal year 2025–26, weighed down by the over-a-month-long US-Iran war and the lingering effects of the Gen Z movement in September last year, the World Bank said in a report on Wednesday. Real gross domestic product (GDP) growth is expected to moderate to 2.3 per cent in fiscal year 2025–26, which ends in mid-July, according to the World Bank’s biannual flagship report, Nepal Development Upda…
Kathmandu, April 1 (IANS) Nepal has witnessed the impact of the ongoing West Asia crisis as the number of foreign tourist arrivals from Europe, the Americas, West Asia, and Africa has dropped sharply in March, the Nepal Tourism Board (NTB) said on Wednesday. The conflict has been ongoing since February 28, when the US and Israel launched a military attack on Iran. Its fallout is being felt across the world, with travel restrictions and rising prices affecting the entire global economy.Usually, N…
New Delhi, March 7 (IANS) Top government sources on Saturday allayed fears that current global energy situation can become a crisis for India, saying that the country currently holds over 250 million barrels (around 4,000 crore litres) of crude and petroleum products, providing about 7-8 weeks of buffer across the supply chain.These stocks are not held in a single location or a single form. They are distributed across above-ground storage tanks, underground strategic caverns, pipeline systems, t…
New Delhi, March 5 (IANS) Airfares on several major routes between North America and India have surged sharply after the closure of key airspace corridors disrupted long-haul flight operations, forcing airlines to reroute flights and reduce capacity.The disruption follows the escalation of conflict across parts of the Middle East, a region that normally acts as one of the world’s busiest aviation corridors.Several airlines have suspended operations, grounded aircraft, and cancelled routes, sig…
New Delhi, March 2 (IANS) UAE-based airlines Emirates and Etihad Airways announced on Monday that they will start operating a limited number of flights from the evening, after Dubai Airports confirmed a partial resumption of operations after the airport was closed due to the outbreak of hostilities between the US-Israel alliance and Iran.Emirates said it will prioritise customers with earlier bookings as it restarts services in phases. The airline will contact passengers who have been rebooked o…