Thursday, March 26

SPECIAL

India processing Russian oil is pragmatic decision: US

India processing Russian oil is pragmatic decision: US

SOUTH ASIA, SPECIAL, TOP STORIES, WORLD
Washington, March 9 (IANS) Indian refineries processing Russian crude was a "pragmatic decision" taken to stabilise global energy markets and speed up supplies in Asia, US Energy Secretary Chris Wright said. Speaking on Fox News on Sunday (local time), Wright said the policy does not represent any shift in Washington's sanctions stance toward Moscow but reflects the realities of oil supply chains in Asia amid geopolitical disruption."Russia's oil remains sanctioned. There's no change in policy towards Russia," Wright asserted.He explained that large volumes of Russian crude were currently stranded in Asian waters as supply routes adjusted to sanctions and market shifts."But there's just a lot of tankers stacked up," Wright said. "China doesn't treat its discount gas station suppliers very ...
<div>Trump’s war strategy criticised by former NSA, says goals remain unclear</div>

Trump’s war strategy criticised by former NSA, says goals remain unclear

SOUTH ASIA, SPECIAL, TOP STORIES, WORLD
Washington, March 9 (IANS) Former US national security adviser Jake Sullivan said that the Trump administration’s war with Iran risks drifting without a clear strategic objective, even as American military operations demonstrate significant tactical success.Speaking on CNN’s Fareed Zakaria GPS, Sullivan said the US military’s operational performance had been “remarkable” but questioned the clarity of the war’s ultimate goals.“On the encouraging side, the US military is just simply remarkable,” Sullivan said. “It's remarkable at being able to achieve tactical objectives, to execute operations with skill, professionalism, and courage.”But he cautioned that the strategic purpose of the war remains unclear.“The discouraging part is we are asking the US military to put itself in harm's way, and...
Oil prices jump past $100 as Iran conflict shakes markets

Oil prices jump past $100 as Iran conflict shakes markets

INDIA, SOUTH ASIA, SPECIAL, TOP STORIES
Washington, March 9 (IANS) Oil prices surged past $100 a barrel as the conflict involving Iran disrupted energy flows through the Strait of Hormuz and rattled global markets.US President Donald Trump defended the spike. He said higher oil prices were a temporary cost tied to confronting Iran’s nuclear threat.“Short-term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Safety and Peace,” Trump wrote on Truth Social.“ONLY FOOLS WOULD THINK DIFFERENTLY!”Crude oil prices almost touched $110 per barrel after major Middle East producers reduced output while the Strait of Hormuz remained effectively closed due to the Iran conflict, CNBC reported Sunday.West Texas Intermediate crude jumped about 20.75 p...
India to take 100 million barrels of Russian oil waiting for China: US

India to take 100 million barrels of Russian oil waiting for China: US

SPECIAL, TOP STORIES, WORLD
Washington, March 8 (IANS) The United States of America urged India to draw down more than 100 million barrels of Russian crude waiting offshore for Chinese refineries in an effort to cool rising oil prices during the Iran conflict, Energy Secretary Chris Wright said on Sunday.Speaking in interviews on US television programmes, including CNN and CBS News, Wright said the Trump administration directly reached out to India as part of a short-term effort to calm energy markets rattled by disruptions in the Middle East."I did call up the Indians, as did Treasury Secretary (Scott) Bessent, and say, look, there's a whole bunch of oil that's floating to wait to unload at Chinese refineries," the Energy Secretary added."There's over 100 million barrels of floating Russian crude waiting in line t...
President Murmu congratulates Team India on T20 WC triumph, hails historic achievement

President Murmu congratulates Team India on T20 WC triumph, hails historic achievement

INDIA, SPECIAL, TOP STORIES
New Delhi, March 8 (IANS) President Droupadi Murmu on Sunday congratulated the Indian cricket team for winning the ICC Men’s T20 World Cup, describing the victory as a historic achievement that has brought immense pride and joy to the nation.In a post on X, @rashtrapatibhvn -- the official account of the President of India, mentioned the triumph marked another milestone in Indian cricket, noting that India has now become the only country to win the ICC Men's T20 World Cup three times.The President also highlighted that the Indian team holds the distinction of being the only side to win the title twice in succession.“Heartiest congratulations to Team India, which scaled several peaks of history by winning the ICC Men’s T20 World Cup emphatically. India has the proud distinction of being the...
<div>India’s electronics exports outpace global growth: NITI Aayog report</div>

India’s electronics exports outpace global growth: NITI Aayog report

INDIA, SPECIAL, TOP STORIES
New Delhi, Feb 13 (IANS) India’s share in global electronics demand has expanded at a rapid compound annual growth rate (CAGR) of 17.2 per cent, significantly outpacing global growth of 4.4 per cent between 2015 and 2024, driven primarily by the sharp rise in mobile phone exports, according to NITI Aayog's Trade Watch Quarterly report for July-September 2025-26, launched on Friday.Between 2016 and 2024, electronics exports increased nearly five-fold, reaching USD 42.1 billion. With global electronics trade valued at USD 4.6 trillion, the sector represents one of the largest and fastest-evolving segments of the world economy. India has demonstrated particular strength in products such as mobile phones, consumer electronics, and communication equipment, with exports increasingly directed tow...
Centre announces 1st national call for Rs 2,000 crore BIRAC–RDI Fund to boost biotech sector

Centre announces 1st national call for Rs 2,000 crore BIRAC–RDI Fund to boost biotech sector

Health, SPECIAL
New Delhi, Feb 13 (IANS) The government on Friday approved the first national call for the Rs 2,000 crore BIRAC–RDI Fund, under the Rs 1 lakh crore Research, Development, and Innovation (RDI) initiative to boost biotech sector.Union Minister Dr Jitendra said the launch reflects a decisive shift in India’s approach to science-led growth and signals that the country is no longer a late entrant but an early mover in emerging technologies.He said the transformation is visible in the expansion of the startup ecosystem -- from around 50 biotech startups in 2014 to more than 11,000 today, reflecting what he described as a quantum jump in scale and ambition.The bioeconomy, which stood at about $8 billion in 2014, has expanded rapidly, placing India among leading global players.The minister further...
On this day, PM Modi launched Surya Ghar scheme with vision to bring rooftop solar power to millions of households

On this day, PM Modi launched Surya Ghar scheme with vision to bring rooftop solar power to millions of households

INDIA, SPECIAL, TOP STORIES
New Delhi, Feb 13 (IANS) On this day in 2024, Prime Minister Narendra Modi launched the PM Surya Ghar scheme with a clear vision to bring rooftop solar power to millions of households and scale up clean energy adoption across India.‘Modi Story’, a popular social media handle, said, “On this day in 2024, PM Narendra Modi launched the PM Surya Ghar scheme with a clear vision to bring rooftop solar power to millions of households and scale up clean energy adoption across India.”"The initiative aimed not only to provide subsidies but to create a nationwide movement towards energy independence through technology-driven implementation. During its development, the Prime Minister suggested integrating the scheme with PM Gati Shakti so that rooftop solar planning could align with a broader nation...
Centre okays 25 lakh metric tonnes wheat exports, 5 LMT of sugar exports

Centre okays 25 lakh metric tonnes wheat exports, 5 LMT of sugar exports

INDIA, SPECIAL, TOP STORIES
New Delhi, Feb 13 (IANS) In a farmer-centric step to stabilise domestic markets and ensure remunerative returns to producers, the Centre on Friday approved the export of 25 lakh metric tonnes (LMT) of wheat, along with an additional 5 LMT of wheat products.According to a Consumer Affairs Ministry statement, wheat stock availability with private entities during 2025–26 stands at approximately 75 LMT, which is nearly 32 LMT higher compared to the corresponding period last year."This substantial year-on-year increase indicates a comfortable supply position in the country. Furthermore, as on April 1, 2026, total wheat availability in the central pool with FCI is projected at around 182 LMT, thus ensuring that export permissions will not impact domestic food security requirements," it said.More...
Fake milk products: 12,057 cases filed against adulterators in 2024-25

Fake milk products: 12,057 cases filed against adulterators in 2024-25

INDIA, SPECIAL, TOP STORIES
New Delhi, Feb 13 (IANS) As many as 12,057 cases were filed against defaulters by anti-food adulteration authorities in 2024-25 after 12,780 samples of milk and milk products were found non-conforming to the standards, the Lok Sabha was informed on Friday.Union Minister of State for Health and Family Welfare Prataprao Jadhav, in a written reply, said that in 2024-25, a total of 33,405 samples were analysed during action against defaulting food business operators (FBOs).He said the Food Safety and Standards Authority of India (FSSAI) is mandated to lay down science-based standards for articles of food and to regulate their manufacture, storage, distribution, sale and import to ensure availability of safe and wholesome food for human consumption.The State Food Safety Authorities are primaril...