India
Fuel prices rise in India amid Middle East tensions
Fuel prices in India increased on Friday, with premium petrol and industrial diesel becoming more expensive due to ongoing conflicts in the Middle East.
According to oil marketing companies, the price of premium petrol went up by about 2.30 Indian rupees per litre, while industrial diesel saw a much bigger jump of around 22 rupees per litre. The new prices took effect immediately.
The rise in fuel costs is linked to instability in the Middle East, which has been affecting global oil markets and supply.
Higher industrial diesel prices are expected to impact key sectors such as manufacturing, transport and power generation. This could lead to higher production and delivery costs, and eventually push up the prices of everyday goods, local media reported.
However, the government downplayed the increase in premium petrol prices, saying it would have limited impact as only a small portion — around 2 to 4 percent — of consumers use this type of fuel.
2 days ago
India’s $300bn outsourcing industry withstand the rise of AI?
India’s massive outsourcing industry, valued at around $300 billion, is facing growing uncertainty as artificial intelligence (AI) threatens to reshape its traditional business model.
In recent weeks, Indian technology stocks have fallen sharply, with the Nifty IT index dropping about 20% this year and wiping out billions of dollars in investor wealth. The decline began even before fresh geopolitical tensions, largely driven by concerns that AI could disrupt the labour-intensive services that underpin the sector.
For over three decades, India’s IT industry has created millions of white-collar jobs and helped build a strong middle class, boosting demand for housing, cars and lifestyle services in cities like Bengaluru, Hyderabad and Gurugram.
However, fears intensified after new AI tools—such as one launched by Anthropic—claimed they could automate key tasks in legal, compliance and data management. Industry leaders have since warned that AI could significantly reduce demand for entry-level jobs, with some predicting up to half of such roles may disappear.
Despite the concerns, major Indian IT firms say the risks are being overstated. They argue that while AI will change how services are delivered, it will also open new opportunities, especially in consulting and system modernisation.
Analysts say the industry is likely to shift away from routine maintenance work toward higher-value advisory roles, which may reduce steady revenue streams. Some forecasts suggest slower growth in the coming years, with potential stagnation after 2031 in a worst-case scenario.
Others remain optimistic. Firms like JPMorgan and HSBC believe IT companies will play a key role in helping businesses adopt AI, rather than being replaced by it. Infosys also says AI could create more jobs than it eliminates, particularly in emerging fields like AI engineering.
Still, the transition may be difficult. AI-related revenue remains relatively small, and overall industry growth is expected to stay modest. Hiring is also likely to slow.
Additional challenges include rising US visa costs and ongoing global uncertainties, which could increase operating expenses for Indian firms.
Experts say while AI will bring long-term benefits, the sector is likely to face short-term disruptions as it adapts to a rapidly changing technological landscape.
With inputs from BBC
4 days ago
Two Hadi murder suspects to be brought back from India: Home Minister
Home Minister Salahuddin Ahmed on Monday said two suspects in Hadi murder case who were arrested in India will be brought back to Bangladesh under the existing extradition treaty between the two countries.
“The Home Ministry has already taken steps regarding the arrest of the two accused while the Ministry of Foreign Affairs has been requested to take necessary measures to bring them back in line with the the extradition agreement,” said the minister.
He made the remarks while talking to reporters after attending a district law and order committee meeting in Cox’s Bazar, his first such meeting in his home district after assuming office.
Efforts on to bring back 2 Hadi murder suspects held in India: IGP
Salahuddin Ahmed also said a list of drug traders is being prepared in a highly professional manner.
“The list will not be made public as doing so could create political influence and lead to possible errors,” he said.
Incidents of mob violence will not be allowed in the country and all terrorists and extortionists will be brought under the law to ensure good governance, said Salahuddin.
The minister also announced measures to restore discipline in the tourism sector of Cox’s Bazar.
He said illegal permanent and temporary structures set up on the sand dunes along the sea beach will be removed within a week and the tourist areas will be kept clean.
He further said CCTV cameras will be installed at important points in the town to improve the law and order situation.
Among others, lawmakers Shahjahan Chowdhury and Lutfur Rahman Kajol, Deputy Commissioner Mohammad Abdul Mannan, Superintendent of Police ANM Sajedur Rahman and Cox’s Bazar district BNP general secretary Shamima Ara Swapna were present.
13 days ago
Brilliant India crushes New Zealand to win record third T20 World Cup
India clinched a record third T20 World Cup title with a commanding 96-run win over New Zealand on Sunday at the Narendra Modi Stadium, thrilling over 86,000 fans.
After losing the toss, India batted first and posted a massive 255-5. Opener Sanju Samson starred with a 46-ball 89, his third consecutive fifty, while Abhishek Sharma smashed a rapid 52 off just 21 balls. The pair’s blazing start helped India reach 92-0 in the power play, equaling the highest in T20 World Cup history. Ishan Kishan also contributed a quick fifty, with India crossing 200 by the 15th over. Shivam Dube’s 26 not out ensured India finished past 250.
In response, New Zealand never threatened. Tim Seifert hit a 26-ball 52 with five sixes, but India’s bowlers dominated. Jasprit Bumrah took 4-15, including a hat-trick chance, while Axar Patel claimed 3-27. Varun Chakravarthy and Kishan contributed with key wickets and catches as New Zealand were bowled out for 159 in 19 overs.
Samson’s 89 became the highest individual score in a men’s T20 World Cup final, earning him player of the tournament for 321 runs at an average of 80.25. Bumrah, named player of the match, celebrated his 40th T20 World Cup wicket, the most by any pacer.
India, which previously won in 2007 and 2024, became the first team to successfully defend a T20 World Cup title and the first to lift the trophy on home soil. Suryakumar Yadav joined MS Dhoni and Rohit Sharma as Indian captains to claim the trophy, marking another historic day for Indian cricket.
13 days ago
T20 World Cup semi-finals: India to face England, South Africa take on New Zealand
The knockout stage for the T20 World Cup is officially set. Following the conclusion of the Super Eight phase, South Africa, England, India, and New Zealand have emerged as the final four contenders remaining from the 20-team tournament.
Defending champions and tournament hosts India secured the last available spot by defeating the West Indies in their final Super Eight match.
By finishing as the runners-up in Group 1, India booked a blockbuster second semi-final clash against two-time champions England.
The high-profile encounter is scheduled to take place at the Wankhede Stadium in Mumbai on March 5 at 7:30 PM.
The knockout phase will commence a day earlier on March 4 at Eden Gardens in Kolkata.
Group 1 champions South Africa will lock horns with New Zealand in the first semi-final at 7:30 PM. Both teams will be fighting fiercely for a spot in the title clash, as neither nation has previously won the T20 World Cup.
The winners of the two semi-finals will meet in the grand finale to crown the world champions. The championship match is set to be held in Ahmedabad on March 8 at 7:30 PM.
20 days ago
Delhi, Beijing greet Foreign Minister; eye stronger ties with Dhaka
Indian External Affairs Minister Dr S. Jaishankar and China's Foreign Minister Wang Yi extended congratulations to newly appointed Bangladesh Foreign Minister Dr Khalilur Rahman on his appointment.
Wang Yi, who is also Member of the Political Bureau of the Communist Party of China, expressed his intent to work with Foreign Minister Rahman to jointly implement the important understandings reached by the leaders of the two countries and advance the Bangladesh-China Comprehensive Strategic Partnership to new heights.
Dr Jaishanker said he looks forward to working together with Foreign Minister Rahman to advance cooperation between Bangladesh and India for mutual progress and prosperity, said the Ministry of Foreign Affairs.
The Foreign Minister served as Chief Adviser's High Representative for the Rohingya Issue and Priority Affairs and National Security Adviser during the interim government’s period.
He joined BCS (Foreign Affairs) in 1979 after securing the first position in the first regular civil service examination after independence held in 1977.
Khalilur Rahman served in various capacities in the Ministry of Foreign Affairs and the Permanent Mission of Bangladesh to the United Nations in New York.
In 1991, he joined the United Nations secretariat as a Special Adviser and served in different senior UN positions during the next 25 years.
PM Tarique Rahman to address nation this evening
In November 2024, he was appointed as the High Representative with the status and privileges of an Adviser.
Khalilur Rahman stood first class first in MA examinations in Economics at Dhaka University in 1977. During 1980-83, he attended the Fletcher School of Law and Diplomacy, Tufts University and the Kennedy School of Government, Harvard University and earned the degrees of MA in Law and Diplomacy and PhD in Economics.
1 month ago
Dhaka, Delhi can work for each other's security, prosperity: Modi tells Tarique
Inviting Prime Minister Tarique Rahman and his family to visit India, Indian Prime Minister Narendra Modi has said Bangladesh and India can truly become catalysts for each other's sustainable growth, work for each other's security and enable mutual prosperity as two fast-growing economies and aspiring societies.
“I look forward to working closely with you to strengthen our multifaceted bilateral relations, enhance regional cooperation, and advance our common goals in wide-ranging areas of connectivity, trade, technology, education, skill development, energy, healthcare, as well as cultural and people-to-people exchanges,” he said in a letter that was handed over to Prime Minister Tarique on Tuesday.
Tarique Rahman: From London exile to Bangladesh’s Prime Minister
Speaker of the Indian Lok Sabha Om Birla represented the government of India at the swearing-in ceremony of the newly elected government of Bangladesh led by Tarique Rahman, Chairman of Bangladesh Nationalist Party (BNP).
Indian Foreign Secretary Vikram Misri accompanied the Speaker.
1 month ago
India crushes Pakistan by 61 runs as World Cup scenario heats up
India has stormed into the Super Eight stage of the 2026 T20 World Cup with a commanding 61-run victory over arch-rivals Pakistan at the R. Premadasa Stadium in Colombo.
The emphatic win guarantees India the top spot in Group A with three consecutive victories, while leaving Pakistan facing a do-or-die scenario in their final group match.
Despite the intense buildup, which saw black-market ticket prices soar to four times their face value and hotels in Colombo fully booked, the on-field contest proved to be surprisingly one-sided.
The match was attended by top cricket administrators, including ICC Chairman Jay Shah and PCB Chairman Mohsin Naqvi, in what was billed as an opportunity for cricket diplomacy.
However, the traditional coldness between the neighbors remained visible as the two captains skipped the customary handshake, keeping the rivalry as tense off the field as it is on it.
Put into bat on a sluggish surface, India faced an immediate surprise when Pakistan captain Salman Agha opened the bowling himself, dismissing dangerous opener Abhishek Sharma for a duck in the very first over.
However, Ishan Kishan seized control of the innings, smashing a blistering 77 off just 40 balls—the fastest fifty in an India-Pakistan T20 World Cup clash. Along with Tilak Varma, he stitched a crucial 87-run partnership.
Despite Pakistan deploying a record six spinners in an attempt to utilize the slow conditions, India posted a competitive 175 for 7.
In reply, Pakistan’s chase never found momentum against a disciplined Indian bowling attack. Jasprit Bumrah struck early, removing openers Saim Ayub and Salman Agha cheaply, leaving Pakistan reeling at 34 for 4 inside the powerplay.
Although Usman Khan offered some resistance with a fighting 44, the rest of the lineup crumbled under pressure from Varun Chakravarthy, Axar Patel, and Hardik Pandya, who claimed two wickets each. Pakistan were eventually bundled out for 114 in 18 overs.
The result has simplified the equation for Group A. Pakistan, currently on 4 points, must defeat Namibia on February 18 to join India in the Super Eight.
Pakistan ended boycott because Bangladesh’s demands were met: PCB chief
A victory would see them progress ahead of the United States—who have finished their group matches with 4 points—due to a superior Net Run Rate. However, a shock defeat to Namibia would eliminate the former champions and send the Americans through to the next round.
For other teams, the pressure is mounting in Group B, where Australia faces a critical test against hosts Sri Lanka today. A loss for the Australians would leave them on the brink of elimination, needing other results to go their way, whereas a win for Sri Lanka would secure their progression.
1 month ago
Modi talks to Tarique over phone, reaffirms India's support
Indian Prime Minister Narendra Modi spoke with BNP Chairman Tarique Rahman on Friday and extended support in his endeavour to fulfill the aspirations of the people of Bangladesh.
"Delighted to speak with Mr. Tarique Rahman. I congratulated him on the remarkable victory in the Bangladesh elections," PM Modi said.
He conveyed his best wishes and support in his endeavour to fulfill the aspirations of the people of Bangladesh.
Modi congratulates Tarique Rahman on BNP’s decisive poll victory
"As two close neighbours with deep-rooted historical and cultural ties, I reaffirmed India’s continued commitment to the peace, progress, and prosperity of both our peoples," said the Indian Prime Minister.
1 month ago
How a phone call ruined Siraj’s holiday but saved India
His bags were practically packed for Germany. His itinerary included a dream stop in Spain to watch Real Madrid play on February 15. He had even told the national team trainer not to disturb him.
Yet, in a twist of fate that scripts are made of, Mohammed Siraj found himself not in a European stadium stand, but steaming in at the Wankhede, spearheading India’s World Cup attack just 24 hours later.
The Indian pacer, who had originally planned to spend his time off with friends in Hyderabad and Europe, became the accidental hero in India's victory over the USA yesterday.
The dramatic turnaround began when pacer Harshit Rana was ruled out of the tournament due to injury just a day before the World Cup commenced. Siraj, who hadn't played a T20 International since July 2024, received a call that he initially thought was a prank.
“Suddenly Surya Bhai (Captain Suryakumar Yadav) called me. He said, ‘Get ready, pack your bags and come.” I said, 'Surya Bhai, don't joke, this isn't possible,’” Siraj recalled after the match.
The gravity of the situation only sank in when national selector Pragyan Ojha called immediately after to confirm the summons.
Pakistan survives collapse to beat Netherlands by 3 wickets in World Cup opener
With Jasprit Bumrah sidelined due to fever, the pressure on the sudden replacement was immense. However, Siraj rose to the occasion, defending India's total of 161 by claiming 3 wickets for 29 runs in his 4 overs.
Reflecting on the cancellation of his plans to watch Real Madrid on the 15th and the start of Ramadan, Siraj attributed the events to destiny.
“What God has written, no one can change. I came, I played the match, it was all pre-written,” he said.
1 month ago