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In January the IMF cited robust momentum and strong third-quarter performance to revise its India GDP estimate for FY26 to 7.3, while FY27 growth was projected at 6.4 per cent.
The Gulf War of 1991 lasted 43 days and cost, in today's money, $102 billion. The current conflict has already passed its third week. There is no credible exit timeline.
The US Air Force (USAF) issued a formal request in November 1970 to build a 30 mm rapid-fire cannon for a new close air support platform, which became the GAU-8/A Avenger carried by the A-10 over the Strait of Hormuz
Trump wrote on Truth Social that the US would "hit and obliterate" Iranian power plants -- "starting with the biggest one first" -- if Tehran did not fully reopen the strait within 48 hours (23:44 GMT on Monday or 5:14 am IST on Tuesday), according t
Trump's 48-hr Hormuz ultimatum translates into 2 potential scenarios - limited strikes leading to Brent spikes to US$110 or a shutdown leading to a global energy crisis, which could devastate crores of poor Indians.