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Rewati Karan

Senior Sub Editor, Moneycontrol

NCDRC orders Axis Bank to pay Rs 3.19 crore over refusing demonetised cash deposit

INDIA

NCDRC orders Axis Bank to pay Rs 3.19 crore over refusing demonetised cash deposit

The forum noted that the refusal effectively shut the company out of the only lawful window available to exchange or deposit demonetised currency.

Trump says US will escort tankers through Strait of Hormuz 'very soon' after Iran strike

WORLD

Trump says US will escort tankers through Strait of Hormuz 'very soon' after Iran strike

The warning came as Trump announced that US forces had carried out major strikes on Iran’s Kharg Island, destroying what he described as key military installations.

Trump says US 'totally obliterated' Iran military targets on Kharg Island, warns oil facilities could be next

WORLD

Trump says US 'totally obliterated' Iran military targets on Kharg Island, warns oil facilities could be next

Kharg Island handles the vast majority of Iran’s crude oil exports and sits near the Strait of Hormuz, a crucial maritime route for global energy shipments.

Iran unveils 'Kamikaze' naval drone fleet inside underground 'missile city', threatens shipping through Strait of Hormuz

WORLD

Iran unveils 'Kamikaze' naval drone fleet inside underground 'missile city', threatens shipping through Strait of Hormuz

State television broadcast the images, which appear to show a sprawling tunnel complex lined with military hardware. The recordings, whose timing could not be independently verified, were said to have been filmed inside the subterranean base.

Iran hits back at US' Pete Hegseth over 'rats' remark, says 'your leaders? On Epstein’s island'

WORLD

Iran hits back at US' Pete Hegseth over 'rats' remark, says 'your leaders? On Epstein’s island'

Tehran rejects claims its leadership is 'desperate and hiding' as Ali Larijani fires back at the US defence secretary.

Pentagon, White House slam CNN over Iran war coverage, Hegseth backs Ellison takeover

WORLD

Pentagon, White House slam CNN over Iran war coverage, Hegseth backs Ellison takeover

Hegseth spent part of a news conference on US military operations against Tehran criticizing the media and CNN in particular, urging for what he called an "actual patriotic press."

US allows limited sale of Russian oil at sea as Middle East war pushes crude prices higher

WORLD

US allows limited sale of Russian oil at sea as Middle East war pushes crude prices higher

Benchmark crude prices have surged roughly 40 to 50 percent since the United States and Israel launched attacks on Iran on February 28, with regional instability threatening the movement of oil and gas through critical shipping routes.

FBI to probe vehicle attack on Michigan synagogue as 'targeted violence against Jewish community'

WORLD

FBI to probe vehicle attack on Michigan synagogue as 'targeted violence against Jewish community'

US President Donald Trump described the incident as a "terrible thing," saying at the White House: "It's absolutely incredible that things like that happen."

Why Calcutta High Court judges wear colonial British-style robes and wigs

WORLD

Why Calcutta High Court judges wear colonial British-style robes and wigs

R N Ravi’s swearing-in as West Bengal governor brings attention to the colonial-era robes and wigs still worn by Calcutta High Court judges during ceremonial occasions.

Iran threatens to set region’s oil and gas 'on fire' if its oil facilities, ports attacked

WORLD

Iran threatens to set region’s oil and gas 'on fire' if its oil facilities, ports attacked

The warning came amid rising tensions around the Strait of Hormuz, a strategic waterway through which roughly a quarter of the world’s seaborne oil shipments normally pass.

Netanyahu says Israel 'crushing' Iran and Hezbollah, to enable Iranians to topple regime

WORLD

Netanyahu says Israel 'crushing' Iran and Hezbollah, to enable Iranians to topple regime

During the briefing, the Israeli leader also directed strong warnings toward Lebanon, urging its government to take action against Hezbollah, which has joined Iran in launching missile strikes against Israel.

PM Modi speaks with Iran’s President Pezeshkian on West Asia crisis: 'Deep concern over escalation, loss of civilian lives'

WORLD

PM Modi speaks with Iran’s President Pezeshkian on West Asia crisis: 'Deep concern over escalation, loss of civilian lives'

The Prime Minister said that India’s key priorities remain the security of its citizens and uninterrupted movement of goods and energy supplies.

Iran’s security chief Larijani slams Trump: 'War cannot be won with tweets, will make US admit its mistake'

WORLD

Iran’s security chief Larijani slams Trump: 'War cannot be won with tweets, will make US admit its mistake'

In a post on X, Larijani responded directly to comments by US President Donald Trump about securing a rapid victory in the ongoing conflict.

Recognise rights, pay reparations: Iran President Pezeshkian announces conditions for ending war with US, Israel

WORLD

Recognise rights, pay reparations: Iran President Pezeshkian announces conditions for ending war with US, Israel

Iranian officials said the country was prepared for a drawn-out conflict that could severely disrupt global markets.

Strait of Hormuz crisis explained: Why US escort claim caused confusion, what makes it critical

WORLD

Strait of Hormuz crisis explained: Why US escort claim caused confusion, what makes it critical

Wright’s brief statement triggered immediate reaction in financial markets because it suggested the United States had already begun military protection of oil shipments through the strategic waterway.

Why Trump said he would be 'all for' Iranian Kurdish fighters launching an offensive

WORLD

Why Trump said he would be 'all for' Iranian Kurdish fighters launching an offensive

Despite a long and often uneasy history with Washington, several Kurdish factions say they would be willing to work with the United States if the conflict weakens the Iranian leadership.

After Senate vote, US House rejects bipartisan move to curb Trump’s Iran war powers

WORLD

After Senate vote, US House rejects bipartisan move to curb Trump’s Iran war powers

The vote occurred less than a week after the United States and Israel launched a large-scale military offensive against Iran.

Who is Taranjit Singh Sandhu? Veteran diplomat and former US ambassador appointed new Delhi L-G after VK Saxena

WORLD

Who is Taranjit Singh Sandhu? Veteran diplomat and former US ambassador appointed new Delhi L-G after VK Saxena

A career diplomat who served more than three decades in the Indian Foreign Service, Sandhu replaces Vinai Kumar Saxena, who has now been named Lieutenant Governor of Ladakh.

Pakistan blocks JPMorgan’s bid for New York’s Roosevelt Hotel: Why the property matters so much to Islamabad

WORLD

Pakistan blocks JPMorgan’s bid for New York’s Roosevelt Hotel: Why the property matters so much to Islamabad

For Islamabad, the Roosevelt Hotel is more than just a shuttered building abroad. It represents a rare financial asset that could help ease economic pressure.

Trump says US could focus on Cuba after Iran conflict: 'Cuba’s going to fall, too'

WORLD

Trump says US could focus on Cuba after Iran conflict: 'Cuba’s going to fall, too'

Trump's remarks came less than a week after tensions escalated in the Middle East, with the United States involved in military operations against Iran.

Who is RN Ravi, the new West Bengal Governor, who had several face-offs with Stalin govt in Tamil Nadu?

INDIA

Who is RN Ravi, the new West Bengal Governor, who had several face-offs with Stalin govt in Tamil Nadu?

West Bengal CM Mamata Banerjee reacted sharply to the move, saying she was “shocked and deeply concerned by the sudden news of the resignation” of Bose.

Why US Senate rejected resolution to limit Trump’s war powers on Iran

WORLD

Why US Senate rejected resolution to limit Trump’s war powers on Iran

The resolution invoked provisions of the War Powers Act of 1973, legislation enacted after the Vietnam War. The law gives Congress the ability to force votes on military engagements and restricts unauthorised conflicts to a maximum of 60 days without legislative approval.

Did Trump have authority to strike Iran? Congress war powers debate explained

WORLD

Did Trump have authority to strike Iran? Congress war powers debate explained

US lawmakers moved toward a vote on a bipartisan war powers resolution that aims to halt the ongoing military operations against Iran unless Congress explicitly approves them.

US stations F-22 Raptors in Israel for first time as Iran crisis deepens

WORLD

US stations F-22 Raptors in Israel for first time as Iran crisis deepens

This deployment, reported by The Wall Street Journal, represents a notable shift in long-standing US policy, which had previously limited its military footprint in Israel to avoid escalating regional sensitivities.

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