Kathmandu, July 6 (IANS) Nepal’s economy is estimated to have expanded by 3.51 per cent in the third quarter of the current fiscal year 2025-26, as the country continues to struggle to emerge from a prolonged period of low economic growth. The projected growth for the quarter is lower than the 4.05 per cent recorded during the corresponding quarter of the previous fiscal year 2024-25, Nepal’s National Statistics Office (NSO) said in a statement. Current fiscal year is ending in mid-July.In fact,…
Latest US-Iran war News & Updates
New Delhi, July 2 (IANS) The West Asia crisis is transforming Indians’ travel preferences with a hastened shift to electric vehicles (EV) and EV penetration could save Rs 1 lakh crore of import bill with a 20 per cent adoption rate by 2030 from the current 10 per cent, an SBI Research report said on Thursday.With the onset of the US-Iran war on February 28, the registration of EVs have jumped significantly in India. From average 1.3 lakh registration in 2025, the March-June period exhibited av…
New Delhi, June 26 (IANS) A new daily record of 78 vessel transits after the US-Iran war has been recorded through the Strait of Hormuz, representing a recovery to about 57 per cent of pre‑war daily volumes, a report said on Friday.The recovery in transits comes after Oman and the International Maritime Organization (IMO) announced a new safe corridor for transits close to the Omani coast, the report from S&P Global said.Over 40 per cent of the day’s transits — 33 vessels — used this…
Seoul, June 10 (IANS) The US-Iran war has made North Korea even less likely to give up its nuclear weapons program, South Korean President Lee Jae Myung said in an interview published on Wednesday.Lee made the remark in a recent interview with The Economist on the occasion of the first anniversary of his inauguration, adding the “unique personality” of US President Trump can be “very helpful” in bringing the North back to dialogue.Lee also reaffirmed South Korea’s own commitment to nonproliferat…
New Delhi, May 22 (IANS) The Securities and Exchange Board of India (SEBI) has reportedly introduced a ‘one‑day‑a‑week work‑from‑home option’ for its junior employees a fortnight after Prime Minister Narendra Modi’s appeal for remote work to conserve energy.The market regulator is also considering postponing internal events to cut non‑essential travel and hotel costs as part of its effort to tackle the inflationary fallout of the US-Iran war, a report from NDTV Profit said citing s…
Mumbai, May 22 (IANS) Air India Chief Executive Campbell Wilson has said his successor will have “hands full” as the carrier struggles with a ban on using Pakistan’s airspace, fallout from the Iran war and higher operating costs due to strong US dollar.Speaking at an event in New York, Wilson said he would depart the company within two months and the next four years would be “just as challenging as the past, albeit in a different way.”He pledged to help ensure a smooth transition, and …
New Delhi, May 11 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Monday called Leader of Opposition in Lok Sabha Rahul Gandhi as the “most rejected maal” in Indian politics. Speaking to reporters, Devendra Fadnavis said, “Rahul Gandhi is the most ‘rejected maal’ in Indian politics. Rejected by all, rejected always, and rejected in every state… The country stands with PM Modi; the country stands behind PM Modi. The country repeatedly blesses PM Modi.”This comes after Prime Minister …
New Delhi, May 11 (IANS) After Prime Minister Narendra Modi urged people to cut fuel use and avoid foreign travel amid the global energy crisis due to the US-Iran war, Congress leader Rahul Gandhi remarked that over the span of 12 years, the country has been brought to such a juncture that the public now has to be told what to buy and what not to buy, where to go and where not to go. Rahul Gandhi took to social media ‘X’ and said, “Yesterday, Modi Ji called upon the public to make sacrifices—d…
Seoul, May 9 (IANS) South Korean Defence Minister Ahn Gyu-back will visit the United States next week for talks with US Defence Secretary Pete Hegseth, the defence ministry said Saturday, as the allies seek to discuss a host of pending issues, including the transfer of wartime operational control (OPCON). Ahn will make a five-day trip to Washington starting Sunday and plans to hold talks with his American counterpart on Monday (US time), the ministry said. It will be Ahn’s first visit to the US …
Mumbai, May 5 (IANS) Domestic institutional investors (DIIs) have overtaken foreign peers in a significant shift in Indian equity market ownership, with their holdings in Nifty 500 companies touching a record 20.9 per cent in March 2026, a report has said.As per Motilal Oswal Financial Services Limited (MOFSL) report, this marks the eighth consecutive quarter of rise in DII holdings, up 170 basis points year-on-year and 50 basis points quarter-on-quarter.In contrast, foreign institutional invest…