Tehran, April 30 (IANS) Iranian President Masoud Pezeshkian said on Thursday that any US attempt to impose a naval blockade and maritime restrictions against Iran is “doomed to failure.”Pezeshkian made the remarks in a statement to mark Persian Gulf National Day, which falls on April 30. He said the “enemies” have changed their approach and shifted their pressure to the economic and maritime arenas, using a naval blockade on the Strait of Hormuz and restrictions on maritime trade as a new tool a…
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Ahmedabad, April 30 (IANS) ACC Limited, part of the Adani Cement portfolio, on Thursday reported a strong financial performance for FY26 with revenue from operations rising 18 per cent year-on-year (YoY) to Rs 25,962 crore, while operating EBITDA stood at Rs 2,950 crore.The company also achieved its highest-ever annual sales volume at 43.9 million tonnes, according to its stock exchange filing.Commenting on the performance, ACC CEO Vinod Bahety said the company delivered sustained growth driven …
New Delhi, April 30 (IANS) Iran and the US’s blockage of the Strait of Hormuz is “illegal, and the breakdown of the rule of law and rules-based order”, India’s former Ambassador to the UAE and Egypt Navdeep Singh Suri said on Thursday. In an interview with IANS, Suri stated that the recent developments in West Asia have a direct impact on the Indian economy. He called for seeing Strait of Hormuz going back to the status it enjoyed prior to February 28, when the US and Israel attacked Iran.On how…
Mumbai, April 30 (IANS) Gold and silver prices rose on Thursday amid surging crude oil prices driven by the West Asia conflict, gaining up to about 2 per cent.On the Multi Commodity Exchange (MCX), gold contracts for June 5 opened at Rs 1,49,499 per 10 grams, up Rs 449 or 0.30 per cent, from the previous close of Rs 1,49,050.At around 1 pm, gold was trading at Rs 1,50,770, up Rs 1,720 or 1.15 per cent. During the session, the yellow metal touched an intra-day high of Rs 1,51,514 (up Rs 2,464 or …
Kathmandu, April 30 (IANS) Nepal’s state-owned national flag carrier on Thursday apologised for showing India’s Jammu and Kashmir as part of Pakistan in its network map shared on social media a day before, terming it an error. Nepal Airlines said the map contained significant cartographic inaccuracies regarding international boundaries that do not reflect Nepal’s official stance or that of the airlines.”We sincerely apologise for the error in the network map recently shared on our social media c…
Washington, April 30 (IANS) US Senators Cory Booker and Dave McCormick have introduced bipartisan legislation aimed at strengthening energy security, supply chains and strategic partnerships by elevating the Eastern Mediterranean’s role in the India–Middle East–Europe Economic Corridor (IMEC). The proposed “Eastern Mediterranean Gateway Act” seeks to expand US engagement in a region increasingly viewed as a critical link between the United States, India, the Middle East and Europe. The…
New Delhi, April 29 (IANS) External Affairs Minister (EAM) S Jaishankar on Wednesday received a phone call from Iranian counterpart Seyed Abbas Araghchi during which both ministers held a “detailed conversation” on the ongoing conflict in West Asia, as well as bilateral relations. “Received a phone call from Foreign Minister Seyed Abbas Araghchi of Iran this evening. Had a detailed conversation about various aspects of the current situation. We agreed to remain in close touch,” EAM Jaishankar po…
New Delhi, April 29 (IANS) Renowned American economist Jeffrey Sachs on Wednesday expressed confidence in India’s economic trajectory, stating that the country possesses strong underlying dynamism that is likely to continue despite ongoing geopolitical disruptions.Speaking exclusively to IANS, Sachs said India’s economy remains fundamentally robust and resilient, even as the global system grapples with significant shocks arising from ongoing conflicts, particularly in West Asia.“India has …
Moscow, April 29 (IANS) Russian Foreign Minister Sergei Lavrov will visit India to attend the BRICS Foreign Ministers’ Meeting in New Delhi next month, the Russian Foreign Ministry announced on Wednesday. Addressing a media briefing in Moscow on Wednesday, Russian Foreign Ministry spokesperson Maria Zakharova said that Lavrov will also hold discussions with External Affairs Minister (EAM) S Jaishankar on bilateral ties, the schedule of contacts, especially the preparation of meetings of the Inte…
New Delhi, April 29 (IANS) The fact-checking unit of the Press Information Bureau (PIB) on Wednesday dismissed as fake a viral message claiming that petrol and diesel prices have been hiked by up to Rs 12.50 per litre.The Press Information Bureau’s Fact Check unit clarified that no such order has been issued by the Ministry of Petroleum and Natural Gas (MoPNG).”An order circulating on social media claiming fuel price hikes is fake. The Government of India has not issued any such order,” the PI…