Beirut (Lebanon), May 13 (IANS) India will host the FIBA U18 Asia Cup 2026 in Ahmedabad from August 13 to 23, 2026. The FIBA Regional Office-Asia confirmed on Wednesday that this will be the third time the country has held the continent’s premier youth basketball tournament.Ahmedabad, one of India’s fastest-growing sports cities, will welcome 16 of the best U18 national teams from Asia and Oceania for the biennial tournament. The city is home to the world’s largest cricket stadium and will…
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Beijing/Tehran, May 13 (IANS) Chinese components, including sensors, voltage converters and semiconductors, have been identified in Iranian drones, raising concerns over the transfer of sanctioned dual technology. China is believed to be assisting Iran with intelligence on the US military deployment in the Gulf and also supplying surveillance systems while enabling Tehran to expand its weapons capabilities, a report said on Wednesday.”China supplying the theocratic Islamic regime in Iran with we…
New Delhi, May 13 (IANS) Leading global brokerage Morgan Stanley has projected India’s GDP growth to be healthy at 6.8 per cent for 2026, supported by strong domestic demand, government-led capital expenditure and improving industrial activity across Asia.Moreover, the brokerage in its latest outlook noted that the nation is likely to benefit from Asia’s emerging industrial and capital expenditure super-cycle, with domestic demand momentum remaining resilient despite global macroeconomic and…
Beijing, May 12 (IANS) FIFA Secretary General Mattias Grafstrom said on Tuesday that preparations for the 2026 FIFA World Cup remain on track, while also expressing optimism about the tournament’s expansion to 48 teams.The 2026 World Cup, which will be co-hosted by the United States, Canada, and Mexico, is scheduled to kick off on June 11 and will be the first edition featuring 48 teams instead of 32. “The preparations are going very well. We’re very excited. Only a few days left for the tournam…
Mumbai, May 11 (IANS) Indian equity markets traded cautiously on Monday, with benchmark indices falling 1 per cent each in early trade after the US and Iran failed to reach an agreement on a peace proposal related to the West Asia conflict.Sensex declined as much as 943 points or 1.22 per cent to hit an intraday low of 76,384 in morning trade, while Nifty fell 280 points or 1.15 per cent to 23,897.Sectorally, all indices traded in the red, with Nifty Consumer Durables, Nifty Auto, Nifty PSU Bank…
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, May 6 (IANS) Geopolitical tensions, supply chain disruptions and rapid technological changes are reshaping how economies participate in global value chains, the Asian Development Bank (ADB) said on Wednesday.Greater specialisation in the stages of global production has helped Asia and the Pacific achieve economic growth, create jobs, and reduce poverty over the past quarter century, according to the ADB’s ‘Asian Development Policy Report 2026’.The report found that the region ac…
Washington, May 6 (IANS) The United States has launched a major naval operation in the Strait of Hormuz to escort stranded commercial vessels and restore shipping through one of the world’s most critical oil routes, with Secretary of State Marco Rubio accusing Iran of illegally “holding the global economy hostage”.Speaking at the White House on Monday, Rubio said President Donald Trump had authorised “Project Freedom” to guide trapped civilian ships to safety after weeks of escalating …
New Delhi, May 5 (IANS) While the closure of the Strait of Hormuz amid the US-Israel war on Iran has disrupted supply chains of fuel-importing countries, it has also opened up new opportunities for countries like Nigeria to step up exports of petroleum product from its coastal refinery that has been built with Indian and Chinese assistance, according to a new report.The Lagos-based refinery, owned by Aliko Dangote, Africa’s richest man, is operating at full capacity of 650,000 barrels per day …
Washington, May 2 (IANS) The Arabian Sea, the Strait of Hormuz, and the Red Sea form a connected maritime network that sustains critical global flows, where disruption in one part can trigger cascading effects across the entire system. The closure of the Strait of Hormuz disrupts global energy markets, instability in the Red Sea complicates the re-routing of shipping routes and intensifies pressure on alternative corridors, while maritime infiltration exposes vulnerabilities in coastal urban hub…