New Delhi, April 1 (IANS) State-owned oil marketing companies (OMCs) on Wednesday made substantial revisions to prices of both aviation turbine fuel (ATF) and commercial LPG, with rates surging sharply — including a more-than-doubling in jet fuel prices — tracking a spike in global oil prices amid the escalating West Asia conflict.Jet fuel prices more than doubled to a record high, while commercial LPG rates also rose significantly, adding to cost pressures across sectors.The price of ATF in D…
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Seoul, March 26 (IANS) South Korean President Lee Jae Myung on Thursday urged the nation to cooperate on energy-saving efforts as the prolonged war in the Middle East has disrupted global energy markets, but pledged no change in electricity prices.Lee made the remarks during an emergency economic response meeting, as the government is set to impose another round of a fuel price cap to help protect the nation’s economy from impacts from the US-Israel war with Iran.”(I) urge gas stations to active…
Canberra, March 18 (IANS) Australian Prime Minister Anthony Albanese on Wednesday flagged new measures to protect the country’s people from the ‘worst’ of the global economic uncertainty driven by the ongoing conflict in the Middle East.In a speech to an automotive industry event on Wednesday morning, Albanese described the conflict in the Middle East as another “major shock to hit the global economy” in the 2020s following the COVID-19 pandemic and the Russia-Ukraine conflict.”We want to make s…
Strasbourg, March 11 (IANS) European Commission President Ursula von der Leyen said on Wednesday the Middle East conflict has imposed heavy economic costs on Europe, driving up energy prices and adding billions of euros to import bills. “Since the beginning of the conflict, gas prices have risen by 50 per cent and oil prices by 27 per cent,” von der Leyen told the European Parliament in Strasbourg. She said 10 days of war had already cost European taxpayers an extra 3 billion euros (3.48 billion…
Mumbai, Feb 19 (IANS) Gold and silver prices continued to rise for a second consecutive session on Thursday — amid rise in geopolitical tensions, cautiousness of the US Federal Reserve stand and withdrawal of additional margins on gold and silver futures in domestic market.The US Defence Department has sent additional weaponry to the Middle East such as warships, air defences and submarines, in preparation for a possible military strike on Iran if negotiations fail, according to multiple report…
Mumbai, Feb 17 (IANS) Prime Minister Narendra Modi, in his statement following the bilateral meeting with President Emmanuel Macron in Mumbai on Tuesday, described the India-France relationship as a “force for global stability” in an increasingly uncertain world. He emphasised that the partnership has evolved beyond traditional diplomacy into a “Partnership of the People,” specifically highlighting the launch of the India-France Year of Innovation 2026.PM Modi emphasised that the partnership is …
Washington, Jan 28 (IANS) US President Donald Trump said Democrats would “probably try and impeach me” if they regain control of Congress, even as he defended tariffs, immigration enforcement, and crime-fighting measures as pillars of what he called a record-setting year in office.In an interview with Fox News host Will Cain, Trump said history showed that presidents often lose congressional seats in midterm elections, regardless of performance. “Even presidents, whether it’s Republican or…
New Delhi, Jan 26 (IANS) European Council President Antonio Luis Santos da Costa and European Commission President Ursula von der Leyen on Monday shared their remarkable experience of attending the 77th Republic Day celebrations as Chief Guests while thanking Prime Minister Narendra Modi for the invite. European Commission President Ursula von der Leyen stated that the display of the flags of the European Union, the EU Military Staff and EU maritime missions Atlanta and Aspides at India’s Republ…
Jaipur, Jan 15 (IANS) The Indian Army is fully prepared to counter any kind of threat, Army Chief General Upendra Dwivedi said here on Thursday, assuring citizens that the force remains ready for present and future challenges amid rapidly evolving warfare dynamics.Reassuring the nation of the Army’s preparedness, Gen Upendra Dwivedi said that continuous modernisation and adaptation remain the force’s top priority. Underlining the force’s readiness for both current and future warfare, he sa…
Chennai, Dec 31 (IANS) The Communist Party of India (CPI) has called for an end to all forms of violence and urged nations to work collectively towards global peace, harmony, and social justice as the world prepares to welcome the New Year 2026.In a New Year message released on the occasion of the International New Year celebrations, CPI Tamil Nadu State Secretary M. Veerapandian extended warm greetings to people across the globe and appealed for unity, peace, and democratic values to prevail in…