International

Defence

US-Iran ceasefire under strain as Trump rejects Tehran proposal, regional tensions escalat

May 13, 2026 revoi editor

New Delhi: The fragile ceasefire between the United States and Iran appears increasingly unstable after President Donald Trump rejected Tehran’s latest peace proposal, describing the agreement as being on “massive life support” and dismissing Iran’s counter-offer as “garbage.” The sharp exchange has deepened uncertainty over efforts to prevent a wider conflict in West Asia. Iran’s […]

Defence

Iran now defines Strait of Hormuz as far larger zone, IRGC officer says

May 12, 2026 revoi editor

New Delhi: Iran has expanded its definition of the Strait of Hormuz into a “vast operational area” far wider than before the Iran war, according to a senior officer in the Islamic Revolutionary Guard Corps (IRGC) Navy. The strait is no longer viewed as a narrow stretch around a handful of islands but instead has […]

English

UK’s Starmer defies calls to quit, says he is getting on with governing

May 12, 2026 revoi editor

New Delhi: Prime Minister Keir Starmer defied calls to resign on Tuesday, telling ministers he would “get on with governing” despite a “destabilising” 48 hours of growing calls to set out a timetable for his departure after an election drubbing. At a meeting of his cabinet team of ministers, Starmer, in the top job for […]

Business

World Bank sees Pacific growth slowing to 2.8% in 2026

May 12, 2026 revoi editor

New Delhi: Economic growth across 11 Pacific Island countries is expected to weaken in 2026 as higher energy and shipping costs, slowing tourism momentum and persistent structural constraints weigh on activity, the World Bank said in a report released on Tuesday. The World Bank’s Pacific Economic Update said growth in the Pacific Island countries it […]

Business

Top Asian LNG markets boost coal use as Iran war limits supply

May 12, 2026 revoi editor

New Delhi: Major Asian liquefied natural gas (LNG) importers Japan and South Korea ramped up coal-fired power generation in April and into early May, market data showed, as the Iran war disrupted supplies of the super-chilled fuel and boosted prices. Japan’s gas-fired power supply hit two-year lows in April and South Korea’s dropped to six-month […]

Business

Economy: Moody’s cuts India growth forecast for 2026 to 6%

May 12, 2026 revoi editor

Virendra Pandit New Delhi: Citing subdued private consumption, capital formation, and industrial activity amid higher energy costs cited as reasons, global agency Moody’s Ratings on Tuesday slashed India’s GDP growth forecast for year 2026 by 0.8 percentage points to 6 per cent, the media reported. In its Global Macro Outlook May update, it said […]

Business

Roving Periscope: After PM Modi’s austerity appeal, Kotak warns of the “shock” ahead

May 12, 2026 revoi editor

Virendra Pandit New Delhi: After Prime Minister Narendra Modi’s appeal to the people, twice in two days, to take some austerity measures, leading banker Uday Kotak on Tuesday warned that the global economy is on the verge of a significant “shock” as the delayed consequences of the prolonged US-Iran war are set to kick […]

English

New Israeli law sets military tribunal for Hamas October 7 militants

May 12, 2026 revoi editor

New Delhi: Israel’s parliament passed a law late on Monday establishing a military tribunal to try hundreds of Palestinian militants who took part in the October 7, 2023 attack on Israel, a step lawmakers said would help heal national trauma. The surprise attack, led by elite “Nukhba” force fighters from the Palestinian militant group Hamas, […]

Business

PM Modi to visit UAE, Netherlands, Sweden, Norway and Italy from May 15-20

May 12, 2026 revoi editor

New Delhi: Prime Minister Narendra Modi will embark on a five-nation visit to the United Arab Emirates, Netherlands, Sweden, Norway and Italy from May 15 to 20, with a focus on strengthening trade, investment, technology and strategic cooperation with Europe and the Gulf region. The Ministry of External Affairs (MEA) said the Prime Minister’s upcoming […]

English

Mexico sends 5th ship with humanitarian aid to Cuba

May 12, 2026 revoi editor

New Delhi: Mexican President Claudia Sheinbaum on Monday said that Mexico is dispatching a fifth ship carrying humanitarian aid to Cuba amid worsening shortages faced by the Cuban people. During her morning press conference on Monday (local time), Sheinbaum reiterated Mexico’s rejection of the economic, commercial and financial blockade Washington has maintained against Cuba since […]