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US extends waiver on Russian oil shipments until May 16

Washington: The United States Department of the Treasury has extended a waiver permitting the delivery and sale of sanctioned Russian oil already loaded onto vessels, pushing the deadline to May 16, according to a document released on its official website. The earlier 30-day waiver had...

5.3 quake in Afghanistan jolts Kashmir Valley

Srinagar: Tremors of an earthquake measuring 5.3 on the Richter scale with its epicentre in Badakhshan province in Afghanistan, were felt in Kashmir Valley Saturday. Disaster management officials said that an earthquake measuring 5.3 on the Richter scale occurred at 8.24 A.M. Saturday with the...

Indian Economy

India slips to sixth-largest economy: IMF data

New Delhi: India has slipped to sixth place among the world’s largest economies, according to the International Monetary Fund’s April 2026 World Economic Outlook. The IMF clarifies that the change reflects a nominal‑ranking shift, while India continues to be the fastest‑growing major economy. It projects...

 

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