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Iran Conflict: Middle East tensions: Global insurers exit Iranian waters as conflict deepens

MUMBAI: India’s trade and energy supplies face fresh risks after reinsurers and Protection & Indemnity (P&I) clubs announced cancellation of war risk insurance for vessels transiting the Strait of Hormuz and Iranian waters, following an escalation in the Iran conflict. The cancellations, effective from this week, have left over 150 vessels stranded and disrupted a…

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‘No proposal before the govt’: Centre rules out relief for state oil firms

State-run fuel retailers will not receive government financial backing for losses arising from the sale of petrol, diesel and aviation turbine fuel (ATF) below cost, with the Centre confirming that no such proposal is under consideration.The three public sector oil marketing companies: Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation…

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Feeling hot-headed this summer? You’re not alone. Science explains why | India News

This image is used for representation purpose only (AI-generated) Have you ever noticed your mood shifting on days when the heat feels almost unbearable? The smallest things start to feel irritating and even routine tasks seem oddly exhausting. As extreme heat tightens its grip across continents, experts say this is not just discomfort, but has…

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Assembly elections 2026: From East to South, key battlegrounds to watch out for | India News

NEW DELHI: Multi-state electoral verdict on May 4 will be shaped not only by broad swings but by a cluster of constituencies where margins are tight, candidates are high profile and local dynamics are unusually intense. After the counting begins and trends trickle in, these seats offer early clues to momentum, alliance cohesion and voter…

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JPMorgan backs U.S. crypto bill but warns of risks in digital asset framework

The blog comes as the Senate races to advance the Digital Asset Market Clarity Act before lawmakers break for their August recess. While the bill cleared the Senate Banking Committee, negotiators are still trying to resolve several contentious issues, including ethics rules for senior government officials with crypto ties, liability protections for decentralized finance developers,…

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