12 million barrels of crude! India ramps up Venezuela oil imports to 6-year high amid US-Iran war, Hormuz crisis

12 million barrels of crude! India ramps up Venezuela oil imports to 6-year high amid US-Iran war, Hormuz crisis

India is actively looking to offset supply disruptions from the Middle East caused by the Iran conflict. (AI image) Amid the raging US-Israel-Iran war, India is set to get high volumes of crude oil from Venezuela as the Strait of Hormuz supply disruptions continue. Shipping data quoted by Kpler indicates that over 12 million barrels…

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Amid US-Iran war, India in talks with Trump administration for Chabahar port sanctions waiver; why it’s important

Amid US-Iran war, India in talks with Trump administration for Chabahar port sanctions waiver; why it’s important

India had obtained a six-month exemption from US sanctions for the Chabahar Port in October 2025. India’s strategic investment in Iran’s Chabahar Port is back in focus as the sanctions waiver granted by the US comes to an end soon. India is in discussions with both the United States and Iran to protect its strategic…

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OpenAI, Anthropic, Google unite to combat AI model copying in China| Business News

OpenAI, Anthropic, Google unite to combat AI model copying in China| Business News

Rivals OpenAI, Anthropic PBC, and Alphabet Inc.’s Google have begun working together to try to clamp down on Chinese competitors extracting results from cutting-edge US AI models to gain an edge in the global AI race. Only a handful of countries—the United States, the Netherlands and Japan—have specialised tools required to produce AI chips. The…

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No personal oral hearing needed before labelling bank accounts as fraud: SC | India News

No personal oral hearing needed before labelling bank accounts as fraud: SC | India News

The Supreme Court, on Tuesday, issued a decision regarding the classification of bank accounts as fraud. The apex court ordered that banks are not obligated to grant customers a personal oral hearing before declaring their accounts as fraud. However, prior to labelling them, banks must provide customers with a forensic audit report.The ruling follows submissions…

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