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India and UAE are also evaluating multiple storage arrangements, including commercial models. (AI image) India and the UAE are looking to expedite work on building 30 million barrels of strategic oil reserves. The move comes within weeks of PM Narendra Modi’s visit to UAE where MOUs for this were signed. India, the world’s third-largest consumer…
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Crypto caught a modest bid on Thursday after Wednesday’s inflation report showed underlying price pressures staying contained. Bitcoin rose about 1.9% over 24 hours to roughly $62,600, leading the majors, per CoinDesk data. Headline inflation rose 0.5% on the month and 4.2% over the year, the fastest annual pace since April 2023, but energy did…
NEW DELHI: India has firmly opposed the attacks on merchant vessels and called for restraint, stressing the need to protect civilian lives, as several Indian nationals had either lost their lives or gone missing in attacks linked to the Middle East conflict.Speaking at the United Nations Security Council on Wednesday, India’s Permanent Representative to the…
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