Oil, natural gas prices soar as Iran attacks Gulf energy facilities

War

Bangkok: Global oil and natural gas prices soared Thursday after Iran attacked a key natural gas facility in Qatar that can supply one-fifth of the world's gas, as well as two oil refineries in Kuwait. The attacks added to fears the energy crisis triggered by the closure of the Strait of Hormuz to tanker traffic may be longer and more extensive than feared, with lasting damage to oil and gas production....

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CBI questions Anil Ambani in SBI’s Rs 2929 cr ‘cheating’ case

Anil Ambani

New Delhi: The CBI Thursday questioned industrialist Anil Ambani in connection with the alleged Rs 2,929 crore cheating case registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said. Ambani arrived at the agency headquarters this morning for questioning in the case. The agency has alleged fund diversion, misappropriation and other irregularities in the loan funds issued to the company by the bank,...

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Strait of Hormuz has shut before: Shocking moments that hit oil flows

New York: The US and Israel's war with Iran has thrust the Strait of Hormuz once again into the crosshairs of a geopolitical conflict. Nearly all traffic in the waterway that connects the Persian Gulf to the rest of the globe's oceans, shutting down a critical path for the world's flow of oil. Attacks on commercial ships and threats of further strikes have stopped nearly all tankers from carrying oil, gas...

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BJP announces candidates for bypolls to 5 Assembly seats in 4 states

New Delhi: The Bharatiya Janata Party (BJP) Central Election Committee Thursday finalised candidates for the upcoming Assembly by-elections in Goa, Nagaland, Karnataka and Tripura. The high-level meeting, chaired by senior leader Nitin Naveen, was held Wednesday at the party headquarters here. Prime Minister Narendra Modi, Defence Minister Rajnath Singh, Home Minister Amit Shah and all other members of the Central Election Committee were present. After detailed deliberations, the panel cleared five...

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Vikram Doraiswami

Vikram Doraiswami appointed as India’s next Ambassador to China

New Delhi: Vikram K Doraiswami, presently High Commissioner of India to the United Kingdom, has been appointed as the next Ambassador of India to the People's Republic of China, the Ministry of External Affairs (MEA) announced Thursday. A 1992 batch Indian Foreign Service officer, Doraiswami is expected to take up the assignment shortly. He was appointed as...

Ahmed Shehzad

‘PCB at its weakest’: Ahmed Shehzad launches scathing attack

New Delhi: Former cricketer Ahmed Shehzad has strongly criticised the Pakistan Cricket Board (PCB), calling it a weak board and blaming it for giving too much power to a small group of people, which he believes has hurt the team’s performance. Pakistan have failed to reach the knockout stage in their last four ICC tournaments, leading to...

Arrest

Odisha Vigilance arrests main accused, wife in ₹5.56 Crore embezzlement case

Bhubaneswar: Odisha Vigilance Thursday arrested the prime accused and his wife in a ₹5.56 crore government fund embezzlement case. "Main accused in Rs 5.56 Crore misappropriation, Pradip Kr Mohanty, Retd Headmaster, re-engaged at BEO Office post retirement, along with his wife Gitarani Mohanty, who were absconding and on the run, changing locations in Odisha and West Bengal,...

Keki Mistry

Keki Mistry says interim HDFC Bank chair role aligns with his values

Mumbai: As the Reserve Bank of India (RBI) approved the appointment of veteran banker Keki Mistry as the interim part-time Chairman of HDFC Bank for a period of three months, effective March 19, the bank held a conference call with analysts. During the interaction, Mistry said he accepted the role as it aligned with his personal values...

Anil Ambani

CBI questions Anil Ambani in SBI’s Rs 2929 cr ‘cheating’ case

New Delhi: The CBI Thursday questioned industrialist Anil Ambani in connection with the alleged Rs 2,929 crore cheating case registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said. Ambani arrived at the agency headquarters this morning for questioning in the case. The agency has alleged fund diversion, misappropriation...

Vikram Doraiswami

Vikram Doraiswami appointed India’s next ambassador to China

New Delhi: Seasoned diplomat Vikram Doraiswami was Thursday appointed as India's new ambassador to China. Doraiswami, a 1992-batch Indian Foreign Service officer, is currently serving as Indian High Commissioner to the United Kingdom. India's decision to send the senior diplomat to Beijing comes amid efforts by the two sides to rebuild the bilateral ties that came under...

 

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