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Hormuz shut, shipping services through other routes to West Asia up 2x

Shipping services from India to alternative West Asian ports have more than doubled since conflict broke out in the region, severely impacting the movement of vessels through the Strait of Hormuz. The number of shipping services operating east of Hormuz and through the Red Sea rose from 127 in Feb to 257 in April and 245 in May, as per govt data. The shipping ministry said due to the conflict, shipping services west of Hormuz have become negligible, but there has been a significant increase...

Times of India 7d ago

‘Burn the midnight oil’: SC asks CBSE for plan to release Class 12 results by Friday

Noting that a delay in declaring results may derail the process of admission of students in West Asian countries to colleges, the Supreme Court on Monday directed Central Board of Secondary Education (CBSE) to take effective steps to announce Class XII Improvement Examination results at the earliest and asked it to present a plan for the purpose by Friday, regardless of the effort needed for the same. A bench of Justices Manmohan and Vijay Bishnoi agreed to hear the plea of an overseas...

Times of India 1d ago

Keeping India's growth story intact: 5 lessons from Middle East conflict that should not be ignored

Led by a growing domestic demand and a favourable demographic dividend, the Indian economy and its growth story have been called fundamentally strong by economists. But short-term global economic shocks, like the ongoing Middle East conflict, have the potential to temporarily slow the growth story - a fact that cannot be ignored if India hopes to be among the top three world economies in the coming years. In its latest Economy Watch report, EY has pointed out the need for India to ‘recast...

Times of India 9d ago

WestJet Slams Canada’s Loan Offer to Airlines Hit by Fuel Costs

A WestJet Airlines Ltd. airplane taxis on the runway at Victoria International Airport in Victoria, British Columbia, Canada, on Friday, Nov. 19, 2021. The British Columbia province, a major conduit to Asian markets and home to one of the busiest ports on the West Coast, is in a state of emergency after a so-called once-in-a-century storm washed away chunks of highways and closed the tracks of Canada's two major railways.

Bloomberg Markets 1d ago

'India has huge role to play': Israel says New Delhi's influence can stabilise Middle East

Israel’s ambassador to India, Reuven Azar, has praised India’s growing influence in West Asia, saying New Delhi has a “huge role to play” in bringing stability to the region amid continuing geopolitical tensions and economic uncertainty. Speaking about India’s role in the ongoing West Asia crisis, Azar said India’s expanding economic power and trade partnerships could transform the region if stability is maintained and extremist threats are contained. “India has a huge role to play because...

Times of India 9d ago

Strait of Hormuz closure: Why high oil prices may be a temporary shock only - explained

Oil prices may average at around $87 per barrel in 2026 as the reopening of Strait of Hormuz in the coming months would ease crude supplies globally, says Fitch Ratings. Global oil markets are likely to move back into surplus once shipping through the Strait of Hormuz resumes, despite the sharp rise in prices caused by the closure of the key maritime route, the report says. “Oil prices will be lower if Hormuz reopens earlier.

Times of India 1d ago

If you chop off a limb, people will follow law: Karnataka HC

Karnataka high court refused bail to a 23-year-old engineering student accused of rape and triggered a debate over judicial rhetoric and criminal justice in a constitutional democracy after a judge said “law has lost its teeth” and suggested harsher punishments could deter crime. “Law has lost its teeth because we don’t deal with offenders firmly. If you chop off a leg or a hand, then people will, perhaps, realise to comply with law.

Times of India 8d ago

At 7.7%, India's GDP growth in FY26 beats slowdown predictions; but will the momentum continue?

India’s economy continues to defy all growth projections. At 7.8%, India’s GDP growth for the fourth quarter of FY 2025-26 beat all estimates by a wide margin. Retaining its tag of being the fastest growing major economy, India grew at a robust 7.7% in FY26, exhibiting fundamental strength in a quarter that was partially affected by the US-Iran war.

Times of India 5d ago

Sudarshan Chakra: India's 'kill-web' to counter growing nuclear arsenals of China, Pakistan

China’s nuclear-capable missile arsenal has expanded significantly in recent years, with estimates placing its warhead count at around 600; the Pentagon suggests the number could exceed 1,000 by 2030. The backbone of this arsenal includes the DF-41 intercontinental ballistic missile, a solid-fuel system capable of carrying multiple independently targetable reentry vehicles (MIRVs), deployed in both silos and on mobile launchers. Alongside this, the older DF-5B liquid-fuel missile remains in...

Times of India 6d ago

Saudi Arabia and Russia draw closer amid OPEC upheaval

Russia and Saudi Arabia draw closer amid OPEC upheaval June 3, 2026Russia and Saudi Arabia each produce between 9-10 million barrels of oil a day. Together, they account for over 20% of total world oil production. This gives them significant control over supply, despite Western sanctions and price caps on Russian oil following the war in Ukraine , and disruptions caused by the Strait of Hormuz blockade.

Deutsche Welle 7d ago