‘Snapback’ over nuclear programme: UN hits Iran with sanctions; economy, tensions likely to worsen

[ad_1] File photo (Picture credit: AP) The United Nations has reimposed wide-ranging sanctions on Iran over its nuclear programme, further tightening the squeeze on the Islamic Republic as it grapples with soaring food prices, currency collapse and fears of renewed conflict with Israel and the United States.According to news agency Associated Press (AP), the sanctions—revived…

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Trade tensions: India, Brazil, South Africa slam unilateral tariffs; ‘discriminatory’ and ‘inconsistent’ with WTO

[ad_1] India, Brazil and South Africa have raised concerns over unilateral tariffs and other coercive trade measures, saying such steps risk destabilising global markets and undermining the World Trade Organisation (WTO).At a meeting under the IBSA framework (India, Brazil, South Africa), the three nations described these measures as “discriminatory” and “inconsistent” with WTO rules.The meeting…

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India’s first bullet train on tracks soon! Surat-Bilimora section ready by 2027; check details

[ad_1] Union railway minister Ashwini Vaishnaw announced on Saturday that India’s first bullet train will soon be a reality, with the Surat to Bilimora stretch set to become operational by 2027.He said work on the stations and tracks is making “really good progress” and that several new technologies on the tracks could benefit future railway…

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Kurdistan oil exports: Iraq resumes supply after two-year halt; over $35 bn revenue lost during shutdown

[ad_1] Iraq has restarted oil exports from its autonomous Kurdistan region, ending a suspension that lasted more than two years because of legal disputes and pipeline closures.Baghdad’s oil ministry confirmed on Saturday that crude is once again moving through the Iraq-Turkey pipeline. The line, which had been closed since 2023, has been at the centre…

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India’s ‘swadeshi’ 4G push: PM Modi launches BSNL’s indigenous services – Here’s all you need to know

[ad_1] NEW DELHI: Prime Minister Narendra Modi on Saturday inaugurated development projects worth over Rs 60,000 crore in Odisha, spanning telecom, railways, healthcare, higher education, and skill development. In a landmark for India’s telecom sector, PM Modi launched BSNL’s indigenous 4G ‘Swadeshi network stack’, placing the country among a select group—including Denmark, Sweden, South Korea,…

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‘Proliferation of trade-restrictive actions’: Brics declaration slams Trump tariffs; warns move to threaten global supply chains

[ad_1] NEW DELHI: Foreign ministers of Brics nations, meeting on the sidelines of the 80th UN General Assembly (UNGA80), slammed Donald Trump-led US administration’s tariffs on over 70 countries, calling them a “proliferation of trade-restrictive actions” that endanger global supply chains and economic stability.In their joint statement, the ministers said they were concerned “over proliferation…

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Shailesh Chandra, Wagh to lead new TaMo units

[ad_1] MUMBAI: Tata Motors has reconstituted its board as its two businesses, passenger vehicles and commercial vehicles, will be under two distinct listed entities starting Oct 1. N Chandrasekaran will be the chairman of both the entities, Tata Motors (to be renamed as Tata Motors Passenger Vehicles (TMPV) and TML Commercial Vehicles (TMCV). Shailesh Chandra…

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