Broke or not

India approves $1b fund for airlines as fuel costs surge

India approved a $1 billion support package for airlines on Wednesday to cushion the impact of soaring aviation fuel costs triggered by the Iran war. The conflict has engulfed...

UAE announces fuel prices for June

The UAE Fuel Price Committee has approved fuel prices for June 2026, with diesel prices recording a decline compared to the previous month, in a move that supports the...

India says retail inflation may accelerate on fuel price rise

NEW DELHI: India's retail inflation could rise as a result of recent fuel ‌price hikes and weaker-than-normal monsoon rains, the country’s ​finance ⁠ministry said in a report on ‌Saturday,...

Gas tax suspension would provide welcome relief

I’m not a knee-jerk anti-tax fellow. While no one enjoys paying taxes, I recognise that federal, state and local levies fund a broad range of critical needs, from schools,...

Double whammy

Distressing heat hits Bangladesh garment workers

Factories across Bangladesh, the world's second-largest clothes supplier, have turned off fans and coolers due to energy cuts caused by the Iran conflict, with workers sweltering and a drop...

Global oil supply to plunge below demand this year due to war: IEA

Global oil supply will fall short of total demand ​this year as the Iran war wreaks havoc on Middle East oil production and drains inventories at an unprecedented pace,...

Perfect gift

Indian PM Modi cuts size of his motorcade to save fuel, source says

Indian Prime Minister Narendra Modi ​has 'significantly' cut the ⁠size of his motorcade to save fuel, a government source ‌said on Wednesday, days after he ‌urged citizens to tighten...