Thimphu, April 9 (IANS) Union Minister for Power Manohar Lal Khattar held a meeting with Bhutan’s Prime Minister Tshering Tobgay on Thursday, discussing strengthening energy security, hydropower cooperation, cultural and people-to-people ties between the two nations.”Pleased to welcome Manohar Lal Khattar today. We discussed strengthening energy security and hydropower cooperation to further the enduring friendship between Bhutan and India,” Tobgay said on X.Union Minister Khattar expressed Indi…
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New Delhi, April 9 (IANS) Despite mounting risks from rising crude, a weaker rupee, India’s growth momentum continues to remain robust, with Q3 GDP expanding by 7.8 per cent and full-year FY26 growth projected at 7.6 per cent, healthy private consumption growth and manufacturing push, a report said on Thursday.The recent market corrections created a favourable valuation backdrop, with the Nifty trading at a 5.6 per cent discount to its five-year average PE, enhancing the medium-term risk-rewar…
New Delhi, April 8 (IANS) India and Turkey held the 12th round of Foreign Office Consultations in New Delhi on Wednesday, reviewing bilateral ties with a focus on diverse sectors such as trade and investment, tourism, technology and innovation, energy, cooperation in educational and cultural fields, people to people ties and fight against cross border terrorism. Secretary (West) at the Ministry of External Affairs (MEA), Sibi George and Turkey’s Deputy Minister of Foreign Affairs Berris Ekinci c…
Washington, April 7 (IANS) U.S. President Donald Trump has issued a final deadline to Iran to reach a deal, warning of sweeping military action if talks fail, as tensions in West Asia escalate with global energy and security implications. “They have till tomorrow, 8:00 eastern time,” Trump said, adding that the window for diplomacy was closing fast.He said negotiations were ongoing but uncertain. “We think [they are] negotiating in good faith… we’re going to find out,” he told …
New Delhi, April 5 (IANS) Pakistan’s sharp increase in domestic petrol and diesel prices is being seen as an unavoidable response to rising global oil costs triggered by the ongoing US-Israel conflict with Iran, even as the move is expected to intensify inflationary pressures across the economy, a report has said.The Pakistan government recently raised petrol prices steeply before rolling back Rs 80 within 24 hours, after an earlier increase of Rs 137 had pushed rates to Rs 458 per litre, acco…
Mumbai, April 5 (IANS) The Indian stock markets appear to be transitioning into a consolidation phase with high volatility and low visibility, according to analysts.Global developments continued to dictate market direction, particularly the evolving US-Iran conflict, which kept crude oil prices volatile and elevated. This, in turn, raised concerns over inflation and fiscal stability for import-dependent economies like India.“While domestic flows and technical supports are providing stability, …
Seoul, April 3 (IANS) South Korean President Lee Jae Myung said on Friday that he and French President Emmanuel Macron agreed to work together to secure the safe passage through the Strait of Hormuz and mitigate the broad impact from the war in the Middle East.Lee addressed concerns over uncertainties in global energy supply chains following summit talks with Macron, during which the two leaders discussed ways to deepen economic ties and strengthen coordination on security issues.”President Macr…
New Delhi, April 2 (IANS) India’s primary market has started 2026 on a strong note, with initial public offerings (IPOs) raising $2.5 billion in the first quarter, marking a 7.8 per cent increase year-on-year (YoY) and the highest first-quarter performance since 2018, a new report said on Thursday.India remained a key global IPO destination, accounting for around 8 per cent of worldwide proceeds during the quarter, according to a report by London Stock Exchange Group (LSEG).The broader equity …
New Delhi, March 30 (IANS) The Middle East crisis poses a greater risk to Bangladesh, Pakistan and Sri Lanka, among the South Asian countries, due to their high dependence on imported energy and limited reserve supplies, according to an S&P Global Ratings report.Since these countries are particularly vulnerable to rising oil prices and potential supply disruptions, a prolonged price and supply shock in global energy markets could hit their sovereign credit ratings, the report states.S&P …
Washington, March 27 (IANS) China is recalibrating its approach to the Iran conflict, signalling support for de-escalation as it prepares for high-stakes talks with the United States, a former senior US government official said.The remarks come as President Donald Trump plans a visit to China next month, even as the conflict in the Gulf continues to escalate.“It was quite remarkable that the President was prepared to go to China, really, in the middle of this substantial war,” the former off…