NEW DELHI: Bilateral agreements, which have no financial or serious security implications, will no longer require prior Cabinet approval with the Cabinet Secretariat making it clear in a recent communication that a green signal from the Ministry of External Affairs (MEA) will suffice on the condition that it is...
MUMBAI: Foreign banks, once dominant players in India’s credit card market, have been losing ground as domestic lenders expand aggressively in the segment. In 2025, foreign banks recorded around 6% year-on-year contraction in active credit cards, alongside a decline of over 63 basis points in their share of total...
By K Raveendran Escalating hostilities between the United States, Israel and Iran are rapidly transforming a regional confrontation into a global economic and geopolitical crisis, raising the spectre of what many analysts are beginning to describe as a Third Gulf War. Tehran’s early warning that Washington might possess the...
By Dr. Gyan Pathak As the world is celebrating the International Women’s Day on March 8, a new concern has emerged for women workforce. They are facing double the risks from Generative AI (Gen AI) compared to men, which an International Labour Organisation (ILO) research brief has just confirmed....
By T N Ashok The Strait of Hormuz is ablaze, and India’s economic miracle is suddenly hostage to a war it did not script. What began as a regional clash between Iran and Israel has metastasized into India’s most acute economic crisis in a decade. For New Delhi, the...
By Matein Khalid The geopolitical convulsion in Iran has led to panic buying in Brent crude as Saudi Arabia’s largest refinery Ras Tanura and Qatar’s LNG mega complex at Ras Laffan shut production even as tanker traffic in the Straits of Hormuz comes to a halt amid soaring war...
By Ashis Biswas KOLKATA: Bangladesh has resorted to petrol rationing to stave off a crippling shortage of fuel in the days ahead, as the war against Iran by the US/Israel forces completed its first week. New Prime Minister Tarique Rahman has cut down on power consumption in his official...
By Mark Gruenberg WASHINGTON: By a seven-vote margin, the Republicans-run U.S. House backed Donald Trump’s war on Iran, but that wasn’t the big war story out of Washington on the sixth day of the war. A Pentagon memo saying the military expects the war to continue through at least...
By Pablo Castaño MADRID: Pedro Sánchez has done it again. The Spanish prime minister has once more become the sole voice among major European countries standing up to Donald Trump, this time over the war launched by the United States and Israel against Iran. The Madrid government has denied...
By Nitya Chakraborty The resounding victory of the Gen Z supported Rashtriya Swatantra Party (RSP) in the March 5 general elections in Nepal is a game changer not only in the political history of this tiny Himalayan nation but also in the evolving polity of South Asia. Nepal is...
By Dr. Gyan Pathak The latest reshuffle of the governors in 9 states and UTs of India seems not merely an administrative exercise, but has greater political significance. It is actually a manifestation of Centre’s changing political stance vis-à-vis most politically sensitive states and UTs of the country at...
By R. Suryamurthy The United States’ decision to grant India a temporary waiver for Russian oil purchases may appear, at first glance, to be a pragmatic gesture designed to stabilise energy markets during a geopolitical emergency. In reality, the episode reveals something far more consequential: the structural limits of...
By Arun Srivastava Never write off a politician. Yes, media plays a key role in showing the door or refurbishing the image of the politician, but it is the resilience of the politician that defines his role and survival, the political durability. It is a general perception that once...
By T N Ashok The Rajya Sabha — India’s upper house of Parliament — has long served as a dignified parking lot for politicians past their prime. Former ministers, retired bureaucrats, loyal party functionaries: they fill its benches comfortably, delivering occasional speeches to a half-empty chamber. On March 5,...
By Asad Mirza US and Israeli leaders are framing the ongoing conflict with Iran as a religious war primarily for domestic mobilisation, civilisational framing, and strategic narrative construction. While the US-Israel led war against Iran could primarily be described as the one which is aimed at reducing Iran, the...
By Anjan Roy Henry Kissinger, the doyen of twentieth century diplomacy, had once observed “to be an enemy of US could be dangerous, but being its friend is fatal”. The truth of this observation made years ago is being learnt by the West Asian allies of the US much...
By Rahil Nora Chopra With Bihar Chief Minister Nitish Kumar joining the Rajya Sabha, the avenue is now fully open for the Bharatiya Janata Party to appoint its own chief minister in Bihar for the first time. However, Nitish will formally enter the Upper House once the new Rajya...
NEW DELHI: Rising geopolitical uncertainties in the Middle East and disruptions to shipping through the Strait of Hormuz could affect several sectors of the Indian economy, including basmati rice, fertilisers, airlines and energy-linked industries, according to a report by Crisil Ratings. “If the ongoing geopolitical uncertainties in the Middle...