Every $1 increase in crude oil prices raises India’s annual import bill by $2 billion. That then has a domino effect on the wider economy and the stock market.
Amritsar Airport Director said several flights were disrupted at the airport following escalating tensions and reported conflict in parts of the Gulf region.
International travel from Karnataka faced disruptions with 37 flights canceled due to airspace restrictions linked to the Iran-Israel conflict, stranding 150 students in Dubai.
The accused, identified as Jitendra Yadav, was apprehended from Gwalior in Madhya Pradesh, taking the total number of arrests in the case to five, police said.
Union agriculture minister Shivraj Singh Chouhan on Wednesday strongly pitched for transferring the country’s ₹1.71 lakh-core fertiliser subsidy directly to farmers’ bank accounts, instead of routing it through crop-nutrient manufacturers, hinting