India is seeking support from the United States to secure marine insurance cover for vessels transporting oil from the Middle East, as the government looks to ensure continuity of energy supplies amid disruptions in the Strait of Hormuz, a senior oil ministry official told PTI.The move comes as the widening conflict in West Asia has…
Maharashtra continues to remain India’s largest state economy in absolute terms, but its economic growth has been the slowest among the country’s four biggest state economies over the past four years, according to official data.The state’s Gross State Domestic Product (GSDP) is projected at Rs 42,67,771 crore in 2024-25, the highest among all states, reported…
US stock markets fell on Thursday as investors turned cautious after the previous session’s rally, while rising oil prices and geopolitical tensions weighed on sentiment.The Dow Jones Industrial Average dropped 801 points, or 1.6 per cent, dragged down by losses in stocks such as Caterpillar and Goldman Sachs. The S&P 500 declined 0.9 per cent,…
Team India (AP Photo/Rafiq Maqbool) TimesofIndia.com in Mumbai: 40 overs, 499 runs, 34 sixes, a last-over finish and the entire Wankhede Stadium on its feet singing “Maa Tujhe Salaam” in unison. One could not have asked for a more entertaining game of T20 cricket as India held their nerves to beat England by just seven…
The average long-term US mortgage rate edged higher this week, ending a three-week decline as bond yields rose amid oil-price pressures linked to the war with Iran.The benchmark 30-year fixed mortgage rate increased to 6% from 5.98% last week, mortgage buyer Freddie Mac said on Thursday. A year ago, the average rate stood at 6.63%,…
England’s Sam Curran, right, and captain Harry Brook (AP Photo/Rafiq Maqbool) India piled up a huge total of 253/7 against England in the T20 World Cup semi-final at Wankhede, thanks mainly to a brilliant knock from Sanju Samson. The wicketkeeper-batter smashed 89 off just 42 balls, hitting eight fours and seven sixes, after already scoring…
In a move that will benefit thousands of state employees, the Madhya Pradesh government has decided to increase the dearness allowance (DA) to 58%, aligning it with the rate currently given to central government employees.The revised allowance will be applicable from April 2026 and will be paid with the May salary. The decision also covers…
India’s Lakshya Sen celebrates (Bradley Collyer/PA via AP) NEW DELHI: Lakshya Sen delivered a determined performance to defeat Ng Ka Long Angus and advance to the quarterfinals of the All England Open Badminton Championships on Thursday.The world No. 12 Indian shuttler won a tough round-of-16 clash 21-19, 21-23, 21-10 after an intense three-game battle filled…
Petroleum is the most immediate area of exposure. In 2025, India sourced roughly $70 billion crude oil and petroleum products from West Asia. (AI image) Beyond oil, the Middle East crisis has other implications for the Indian economy, especially if the US-Israel-Iran war continues for a long duration leading to major supply disruptions. In recent…
West Indies players (AP Photo/Bikas Das) NEW DELHI: The West Indies cricket team has finally received an update regarding their delayed return home after being stuck in India following their exit from the ICC Men’s T20 World Cup 2026. Head coach Daren Sammy shared the development on social media, writing, “Got an update. that’s all…