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Hormuz shipping crisis raises oil and trade costs for India
New Delhi: Disruptions to Hormuz shipping, rising freight charges and political developments in the United States and Israel could increase pressure on Indian businesses this week. With tensions also threatening the Bab el-Mandeb strait,…
El Niño threatens winter crops as food inflation rises across India
New Delhi: Strong El Niño conditions and deficient monsoon rainfall have raised concerns over winter crop production and rising food inflation across India. With wheat sowing progressing slowly and reservoir levels falling, economists fear…
Home loan EMI rises as RBI increases repo rate to 5.50%
Mumbai: Home loan EMI payments are set to increase for floating-rate borrowers following the Reserve Bank of India's first repo rate hike since February 2023. The Monetary Policy Committee (MPC) raised the benchmark rate by 25 basis points…
Sensex gains 2.73% in October as IT stocks lead market recovery
Mumbai: Indian stock markets ended October with their first monthly gains in three months, supported by a strong rally in information technology stocks. The Sensex rose 2.73 per cent to close at 74,459.53 on October 30, while the Nifty 50…
Weak rupee raises Umrah and foreign education costs for Hyderabad families
Hyderabad: The weakening rupee is increasing expenses for Hyderabad families planning Umrah pilgrimages, overseas education and international travel. The Indian currency closed near Rs 95 against the US dollar on October 30, compared with…
Supreme Court to hear Waqf Amendment Act challenge on November 4
New Delhi: The Supreme Court will hear petitions challenging the Waqf Amendment Act, 2025, on Wednesday, November 4, amid growing concerns over the legal status of waqf properties. Petitioners have warned that changes to property records…
Israel election results give Arab parties key role in government formation
Jerusalem: Israel election results have left Prime Minister Benjamin Netanyahu and his opponents without a parliamentary majority, placing Arab parties in a potentially decisive position. The October 27 vote gave Netanyahu's bloc 53 seats,…
US midterm elections: Michigan’s Abdul El-Sayed eyes historic Senate win
Washington: Americans will vote in the US midterm elections on Tuesday, November 3, with control of Congress at stake. Among the closely watched contests is Michigan's Senate race, where Democrat Abdul El-Sayed could become the first Muslim…
Old City Metro: land cleared, but no pillar yet after 14 years
Hyderabad: The Old City Metro project remains stuck at the land acquisition stage despite reports that nearly 93 per cent of the required properties have been cleared. Although officials expect construction to begin in early 2027, the…
Telangana Gulf workers count the cost of a war-hit year
Hyderabad: Renewed Houthi attacks on Saudi Arabia have raised concerns over the safety and employment of Telangana Gulf workers. The developments have also highlighted gaps in the State's migrant welfare system, particularly in tracking…