The Economic Times

Iranian crude oil is arriving in India after seven years. Two supertankers are now off Indian ports. This comes as the US tries to stop Iran's oil sales. India had stopped buying Iranian oil due to US sanctions. A recent waiver allows purchases of oil already shipped.

Two Hazara men were killed in Quetta, Balochistan. Unidentified gunmen on motorcycles opened fire on their vehicle. Three others were injured in the targeted attack. The Hazara community protested the incident, blocking traffic. This minority group has faced violence before, including a deadly bombing in 2019. They are often targeted due to their distinct appearance.

A tragic road accident occurred in Hapur, Uttar Pradesh. A bus carrying wedding guests collided with a truck on the Dhaulana-Gulawati road. Six people lost their lives in the collision. Seven others sustained injuries and are receiving medical treatment. Police and relief teams were promptly dispatched to the scene. Traffic movement has since normalized. Legal proceedings are underway.

Petrol, Diesel price today: The prices of petrol and diesel have remained steady despite the ongoing tensions in West Asia. Recently, the government announced a sharp increase in export duties on diesel and Aviation Turbine Fuel (ATF), while keeping the duty on petrol unchanged. In Delhi, petrol is being sold at Rs 94.77 per litre and diesel at Rs 87.67 per litre.

Israel Iran War Day 45 News: The Iran-Israel war escalates as the US imposes a naval blockade on Iranian ports, impacting global oil markets and hardening Iran's stance. Diplomatic efforts have collapsed, pushing the conflict into a more volatile phase with intensified fighting in Lebanon and ongoing ground clashes.

Public spending on Bengaluru is estimated at 38,455 crore for 202122, or over 100 crore a day, but the data is not available in a single official source.

The debate between the Tamil Nadu Chief Minister MK Stalin and Union Finance Minister Nirmala Sitharaman continues as Stalin asked the Finance Minister whether she can put the letter, noting remarks of the discontinuation of paddy bonus, in the public domain.

U.S. President Donald Trump shared an image showing himself as a healer on social media amid tensions in the Iran conflict, shortly after ceasefire talks between the two countries ended without agreement. The post came as the U.S. military announced a blockade of Iranian ports starting Monday, following the first high-level U.S.-Iran talks in over a decade, which failed despite a recent ceasefire.

America's move to blockade the Strait of Hormuz threatens Asia's energy-dependent nations. This action could lead to higher oil prices and impact global economic growth. Asian countries are seeking alternative energy sources and implementing measures to manage the situation. The situation's impact on global markets remains uncertain.

The US Federal Trade Commission is in talks with major advertising firms. The discussions aim to settle a probe into potential antitrust law violations. Companies like Dentsu, Publicis, and WPP may agree not to shift ad budgets based on political content. Individual advertisers can still make their own site choices. Talks are ongoing and a deal is not guaranteed.

Global oil markets are watching US President Donald Trump's threat to blockade the Strait of Hormuz. This action follows failed talks with Iran and has already caused oil prices to jump. The waterway is vital for global supply. Iran's reaction to this escalation is key. Further attacks on oil facilities could create a full-blown emergency.

Yesterday IPL Match RCB vs MI: Royal Challengers Bangalore registered a dominant win, beating Mumbai by 18 runs in style. Virat Kohli smashed a half-century in 38 balls. In the IPL 2026 points table, Rajasthan Royals continue to lead, while Punjab Kings hold second place. The RCB has solidified their third position in the IPL 2026 standings.

President Trump announced a U.S. naval blockade of ships entering or leaving the Strait of Hormuz, targeting vessels paying tolls to Iran. Experts warn this open-ended military endeavor could trigger retaliation from Tehran and strain the fragile ceasefire, potentially leading to dangerous escalation.

Asha Bhosle, the cherished melody of Indian cinema, has passed away in Mumbai, leaving behind a legacy that echoes through time. For over seventy years, her signature voice adorned numerous films, captivating audiences worldwide. Pay tribute to her monumental influence, Prime Minister Narendra Modi and various Bollywood luminaries have expressed their heartfelt condolences.

Quote of the day by Flip Wilson highlights the link between humor and financial responsibility. The famous line about missing car payments reflects how modern financial systems track people closely. This explainer covers the quote meaning, relevance in daily life, lessons about money and responsibility, and the life story and career journey of Flip Wilson, whose comedy shaped television history and popular culture.

India's top business leaders and economic minds will gather for the 26th Economic Times Awards for Corporate Excellence. Finance Minister Nirmala Sitharaman will be the chief guest. The event will celebrate champions who excelled despite global challenges. N Chandrababu Naidu, Chief Minister of Andhra Pradesh, will also be honored as Business Reformer of the Year.

Turkish proverb of the day explains the meaning of Measure a thousand times and cut once and shows how planning, patience, and careful review help people avoid mistakes. The proverb highlights lessons from carpentry and tailoring and connects them to career decisions, financial planning, and relationships. It explores why preparation supports success, saves time, prevents regret, and remains relevant in modern life where quick decisions often lead to long-term consequences.

The ongoing turmoil in West Asia is sending ripples through Punjab's industrial landscape. Manufacturers of textiles, bicycles, and automotive components are grappling with surging production costs and shipment delays. In response, businesses are exploring alternative fuel sources while trying to absorb or mitigate rising expenses.

Union Finance Minister Nirmala Sitharaman has dismissed Tamil Nadu Chief Minister MK Stalin's allegations regarding incentives for paddy cultivation. Sitharaman stated that the Union government's communication was a suggestion to states to align bonus policies with national priorities. The aim was to encourage crop diversification. The decision on state bonuses remains with state governments.

Cheng Li-wun, the head of the Kuomingtang, and Chinas President Xi Jinping held a high-profile meeting Friday during which they called for peace, without offering specifics. China claims the island as part of its territory and hasn't ruled out the use of force to annex it.

The ongoing turmoil in West Asia casts a shadow over India's revenue streams. Soaring commodity prices may squeeze the profitability of state-run enterprises, which could derail the anticipated 75,000 crore dividend. With petroleum sectors particularly at risk, the government is alert to fluctuations in the situation.

Coal India Limited is absorbing increased input costs to protect consumers from higher coal prices. Expenses for explosives and industrial diesel have risen sharply. The company is also compensating contractors for higher diesel expenses. India's coal imports have dropped due to high domestic stockpiles and firm seaborne prices. This trend is expected to continue.

Officials and experts attribute this trend to the country having to compete with Mexico, Poland, and Vietnam, a preferred part of investors' nearshoring and friendshoring policies after the Covid pandemic, and the US cornering a large share of tech-related investments.

India's Foreign Minister S Jaishankar met UAE leaders to deepen ties. He thanked the UAE President for supporting the Indian community during regional conflict. Discussions focused on strengthening the strategic partnership. The visit occurred amidst changing regional dynamics and global supply chain issues. India values its relationship with the UAE.

Tamil Nadu Chief Minister MK Stalin has accused the Union government of betraying South India. He claims the Centre sought to reduce Tamil Nadu's representation in Parliament. Stalin stated this move was linked to women's reservation and penalizing states with successful population control. He asserted that democratic forces nationwide will oppose this proposal.

Companies are reducing product choices to manage rising costs. This strategy focuses on popular, profitable items. Smartphone and TV makers are cutting model numbers. FMCG firms are also streamlining packaging. This aims to improve efficiency and maintain competitiveness amid global supply challenges and increased component prices. The trend is expected to continue.

India and the US have reached a significant agreement on coproduction of fighter jet engines. GE Aerospace and Hindustan Aeronautics Ltd have concluded technical discussions for F414 engines. This paves the way for a contract later this year. The deal will boost the Indian Air Force's fleet strength. It also includes technology transfer for advanced engines.

West Bengal Chief Minister Mamata Banerjee has raised concerns about a potential delimitation exercise by the Central government. She claims parts of West Bengal may be merged with Bihar or Odisha. Banerjee also alleged a conspiracy involving voter list manipulation and attempts to divide her party. She urged voters to remain alert during the upcoming assembly polls.

A new initiative, Project Him Sarovar, is set to secure water for Ladakh. The project will build storage ponds to collect melting snow and glacial water. These ponds will support irrigation and rural water needs. The initiative also aims to develop a local model for climate-resilient water management. This will help boost local livelihoods and agriculture in the region.

Prime Minister Narendra Modi sought one chance to govern Bengal, promising better law and order, jobs, and safety for women. He criticized the state government for neglecting North Bengal's development and misusing central funds. Modi highlighted Siliguri's importance as a gateway to the Northeast and for national security.

President Donald Trump faces tough choices after US-Iran peace talks falter. A proposed blockade of the Strait of Hormuz could escalate tensions and global economic worries. Analysts question the strategy, citing risks to US forces and potential voter backlash. Iran's Revolutionary Guards issue a stern warning.

Quote of the day by Stephen Fry highlights humour about ageing and daily life. The quote reflects self-awareness, health, and acceptance. The article explains the quote meaning, life lessons, and the journey of Stephen Fry, including his career, struggles, and mental health advocacy. The story also explores why this quote remains relatable today.

A Nigerian Air Force airstrike intended for jihadi rebels mistakenly hit a market in Yobe state. Over 100 residents were killed and many others injured. Officials confirmed a misfire. This incident highlights ongoing concerns about civilian casualties from air raids in the region. The Nigerian military is battling armed groups in the area.

Union Minister Kiren Rijiju has responded to Congress President Mallikarjun Kharge regarding the Women's Reservation Act. Rijiju stated that delaying the Act's implementation is delaying justice for millions of women. He urged the Congress to support its implementation in 2029. The government aims to ensure women's representation before 2029. Necessary amendments are crucial for this.

What is Katychella 2027, and what did Katy Perry say about Justin Bieber while enjoying Coachella performance with Justin Trudeau? The topic gained attention after Katy Perry watched Justin Bieber perform at Coachella 2026 with Justin Trudeau. Her social media post sparked fan reactions and created demand for Katychella 2027. The story also covers Biebers performance, fan reactions, relationship updates, and where to watch Justin Bieber Coachella 2026.

US President Donald Trump warns Iran of total military devastation. He believes Tehran will eventually accept American demands. Talks in Islamabad concluded without an agreement. US Vice President JD Vance stated Iran chose not to accept US terms. Iran's state broadcaster cited excessive US demands as the reason for the stalemate.

Iran's Legal Medicine Organization has identified 3,375 bodies. These individuals were casualties of a recent war involving the United States and Israel. The organisation used scientific methods for identification. The reported toll includes 2,875 males and 496 females. Details on whether they were adults or children were not provided.

Artemis II has successfully completed its lunar journey, marking a significant milestone for NASA. The mission brought back unprecedented views and set new distance records. Now, attention turns to Artemis III, which will involve practicing lunar lander docking. Future missions aim for a moon landing in 2028, with a focus on the south polar region for resources.

Why will US Navy blockade 'already choked' Strait of Hormuz? The question rose after President Donald Trump announced a naval blockade and ship interdiction plan following failed US Iran news peace talks. The Trump blockade targets vessels that paid tolls to Iran in the Strait of Hormuz. The naval blockade aims to stop payments and increase pressure. The move could impact global shipping, trade routes, oil supply, and regional security.

Global economic competition intensifies as China and Iran use supply chains and trade routes for strategic advantage. This challenges the United States' former economic dominance. Nations are now investing in domestic production to build economic defenses. This shift signals a new global economic order driven by geopolitical realities. The US faces vulnerabilities in key industries.

Iran's Revolutionary Guards assert complete command over the Strait of Hormuz, a vital global shipping route. They issue a stern warning to adversaries, stating any misstep will result in them being ensnared in a perilous situation. This declaration follows a US naval blockade order for the strategic waterway. Iranian forces are monitoring all maritime movement within the strait.

Chandra Bose, great-nephew of iconic freedom fighter Subhas Chandra Bose, has decided to take a new political path by aligning with the Trinamool Congress. He pointed to the BJP's polarizing approach as a key factor in his shift, describing his prior association with the party as a significant misstep.

West Asia War: United States President Donald Trump has issued a stern warning. He stated that any nation providing military aid to Iran will face severe economic consequences. These penalties will include substantial tariffs of up to 50% on all goods exported to America. This threat now explicitly includes China. The president emphasized there will be no exceptions to this policy.

Iran's Consul General in Mumbai praises India, China, and Russia for prioritizing peace and regional stability. He criticizes the United States and Israel for their actions and perceived double standards. Diplomatic talks in Pakistan have stalled, with Iran stating its legitimate rights must be accepted for progress. The region remains on edge as negotiations face a deadlock.

Chief Justice of India Surya Kant highlighted a critical issue in India's legal system. He stated that the primary challenge is not a shortage of laws, but rather the limited access ordinary citizens have to them. Justice must reach every citizen promptly. The strength of a republic is measured by realized rights.

Ukraine and Russia report numerous truce violations during Orthodox Easter. Both sides accuse each other of thousands of breaches. The ceasefire, intended for the holiday, saw relative calm but not complete peace. Fighting continues as diplomatic efforts to end the conflict remain stalled over territorial disputes. The war has caused significant loss of life and displacement.

West Asia War: Talks between the US and Iran in Islamabad have collapsed. President Donald Trump announced the breakdown, citing Iran's unwillingness to abandon its nuclear ambitions. Despite progress on other fronts, the nuclear issue proved insurmountable. Pakistani leadership, including Army Chief Asim Munir and Prime Minister Shehbaz Sharif, played a crucial role in hosting and facilitating these intense negotiations.

US naval vessels have made their way through the significant Strait of Hormuz, a precursor to planned mine-clearing efforts in these crucial waters. While talks between the US and Iran are still in progress, Iran is putting forth a proposal for enhanced jurisdiction over the strait.