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The Iran war has entered its fourth week and global oil markets are showing a clear split with actual fuel supply prices are rising much faster than widely tracked oil futures. Brent crude, the global benchmark, has jumped over 50% to around $112 a barrel following the near-complete closure of the Strait of Hormuz and…

Caravan tourism is seeing a surge in popularity, driven by a growing tribe who skip hotels and over-curated experiences in favour of travel at their own pace, giving up room service for spontaneityJust after sunrise, somewhere between the misty curves of Igatpuri and the Sahyadri ridges, Vaibhav Surve unlatches the door of his caravan and…

NEW DELHI: With the conflict in the West Asia region threatening to engulf energy infrastructure, and amid concerns about a possible LPG crisis at home, PM Modi spoke to the Iranian President, Masoud Pezeshkian, for the second time since the start of military hostilities and reiterated the importance of safeguarding freedom of navigation and ensuring…

NEW DELHI: Deepening its investigation into the alleged multi-crore fraud involving Reliance Communications (RCOM) and State Bank of India (SBI), CBI has questioned three former top-tier executives of the Anil Ambani-led Reliance Group.The agency issued summons to Satish Seth and Gautam Doshi, both former group managing directors, for examination in connection with the FIR registered…

The bill seeks to earmark a minimum 50% IG-level posts, 67% ADG-level posts and all DG and special DG-level posts in CAPFs for deputation (Representative image) NEW DELHI: Citing the need to retain deputation of Indian Police Service (IPS) officers to the Central armed police forces (CAPFs) for operational efficiency through better Centre-state coordination, the…

MOSCOW: The US-Israeli missile attack on Iran’s Bandar Anzali, a key transit hub on the INSTC linking Mumbai with St Petersburg, is a major blow to the Indo-Russian ambition of boosting bilateral trade to $100 billion by 2030 via the crucial corridor, experts said Saturday.The 7,200-kilometre long multi-modal International North-South Transport Corridor (INSTC) links Mumbai…

NEW DELHI: Prime Minister Narendra Modi and his Bangladesh counterpart Tarique Rahman indulged in some Eid diplomacy this week, with Rahman expressing hope in a letter to Modi on Friday that this blessed occasion would further strengthen the longstanding bonds of friendship and people-to-people ties between the two countries.Rahman told Modi that Eid-ul-Fitr is a…

NEW DELHI: A group of 275 former judges, bureaucrats, diplomats and armed forces veterans has raised objections to a recent report by the United States Commission on International Religious Freedom (USCIRF), calling it “disturbing” and lacking balance.In a joint statement dated March 21, the signatories questioned the methodology and conclusions of the USCIRF report, arguing…

NEW DELHI: Senior executives of some of the highway construction companies told TOI that the increase has started impacting the road construction cost as bitumen and fuel expenses are around 30% of the project cost. “Since the commercial diesel price is revised from time to time, we are worried whether there will be another round…

NEW DELHI: Warning of sharp inflation in the coming weeks, Congress’ Rahul Gandhi on Saturday said the Modi govt will hike the prices of petrol, diesel and LPG after the coming assembly elections, as he accused BJP of lacking strategy and direction to manage the country’s economy. Congress also accused the Modi govt of “moral…