Traffic Financial News

Subscribe to enjoy similar stories.“Do you think you’re Superman?” Meera (Sai Pallavi) scolds her colleague Dino (Junaid Khan) after he nearly gets run over saving a child who wanders into traffic. He protests, and he’s right to. Dino is uncoordinated, underconfident, uncertain.

Subscribe to enjoy similar stories.For many of us, a delayed meal is just a minor inconvenience. At most it makes us irritable, but generally, like nature’s call, hunger can be kept at bay for an hour or two: we can starve through unending meetings without harm to ourselves, and can even extend joyful moments well past mealtime. But did you know that being able to dodge food—for just half an hour more without an ounce of anxiety—could be a real superpower?Over 100 million Indians live with diabetes, and many use medication, including insulin shots.

Subscribe to enjoy similar stories.Air India on Wednesday announced that it would suspend or reduce flights on more than two dozen international routes between June and August, citing airspace restrictions and record-high jet fuel prices. Notably, the government recently increased jet fuel prices for international services while keeping them unchanged for domestic flights. The idea was to keep the bulk of India’s air traffic shielded from the rise in crude oil prices.

Subscribe to enjoy similar stories.After decapitating the Iranian regime and bombing Islamic Revolutionary Guard Corps (IRGC) positions for 40 days, the Trump administration has failed to secure a surrender and left Iran in control of the Strait of Hormuz. With Iran striking critical infrastructure across the Gulf Cooperation Council states and threatening shipping, the US reverted to TACO (Trump always chickens out) mode by agreeing to a ceasefire.

Subscribe to enjoy similar stories.IndiGo and Air India have opposed proposed passenger charges by India’s newest airports, warning that higher tariffs would make flying more expensive and slow passenger traffic growth when domestic aviation demand is weakening.Adani-owned Navi Mumbai International Airport Ltd (NMIAL), which started operations in December, currently levies a user development fee (UDF) of ₹620 on domestic departures and ₹270 on arrivals. It has proposed increasing this by 20% in FY28 and 10% annually until FY31 for a net increase of 45% over five years.

Subscribe to enjoy similar stories.President Trump said Sunday the U.S. would start guiding commercial ships out of the Strait of Hormuz where they have been trapped by the war between the U.S.

Subscribe to enjoy similar stories.For almost five decades, Iran’s Islamic government has survived financial pressure from the U.S. by selling oil to China. It confronted American military might with guerrilla tactics.

Subscribe to enjoy similar stories.IT TAKES ONLY a brief chat with the organisers of Black Hat Asia to realise this is no ordinary conference. Whereas most professional get-togethers invite their guests to piggyback on the hotel Wi-Fi, Black Hat builds the network for its annual conferences in Las Vegas, London and Singapore from scratch, installing switches, access points, firewalls and monitoring sensors before the conference opens.

Subscribe to enjoy similar stories.WASHINGTON—Just weeks after President Trump declared the Strait of Hormuz “COMPLETELY OPEN AND READY FOR BUSINESS” only to see ship traffic stall, the administration is now asking other countries to join a new international coalition that would enable ships to navigate the waterway.The effort, called the “Maritime Freedom Construct,” was spelled out in an internal State Department cable sent to U.S. embassies on Tuesday that called on U.S.

Subscribe to enjoy similar stories.The Union road transport and highways ministry is recalibrating its highway-building strategy to focus on decongesting urban India, with plans to prioritize ring roads and bypass corridors around nearly 50 cities with populations exceeding one million, two people aware of the development said.The shift marks a departure from the earlier emphasis on long inter-city corridors under programmes such as Bharatmala, towards integrating highways with urban mobility needs.According to the first person quoted above, the new approach of the Ministry of Road Transport and Highways (MoRTH) will ensure that long-distance highway traffic is diverted outside dense city cores, enabling seamless freight movement while reducing congestion within cities. The broader objective is to lower logistics costs and support investment and growth.As per government estimates, the country’s logistics cost has already fallen from 13–14% of GDP a few years ago to close to 8% now, driven by GST reforms, FASTag, e-way bills, digital tracking systems, and the expansion of highways and freight corridors under PM Gati Shakti.Queries mailed to MoRTH and NHAI remained unanswered till press time.“The new highway construction strategy would keep at least around quarter of annual highway construction target of about 10,000 km for building bypasses and ring roads around cities with higher vehicle density.

Subscribe to enjoy similar stories.“Don’t underestimate the power of the common man.” These words were popularized by Shah Rukh Khan with a slight twist in his film Chennai Express.I wonder why the common person’s power is visible exclusively during the elections, religious functions and marriage celebrations? Why don’t they rise in defiance?However, I was pleasantly surprised by an unknown woman from Mumbai.Last Wednesday, the Bharatiya Janata Party (BJP) was rallying against the defeat of the Nari Shakti Vandan (Amendment) Bill in Parliament.The local police, despite adequate arrangements, couldn’t avert a traffic jam. Many were stuck. Resentful people were surprised to see a woman suddenly appearing and directly confronting Maharashtra minister Girish Mahajan.

Subscribe to enjoy similar stories.Lucknow-headquartered APCO Infratech is in talks with Alpha Alternatives to sell the strategic Z-Morh tunnel that provides all-weather connectivity between Gagangir and Sonamarg in Jammu and Kashmir (J&K) for $267 million, according to two people aware of the development.The 6.5-km- tunnel, which ensures uninterrupted military logistics and year-round civilian access to Ladakh by bypassing an avalanche-prone stretch, was built at ₹2,400 crore and inaugurated in 2025. Awarded by the National Highways & Infrastructure Development Corp Ltd (NHIDCL), the project has a 15-year concession, with investments to be recovered through biannual annuity payments of ₹295 crore.The deal will see Alpha Alternatives acquire APCO Amarnathji Tunnelway Pvt Ltd, the special purpose vehicle (SPV) set up by APCO Infratech to execute the Z-Morh tunnel project in Jammu and Kashmir.“APCO is in talks with Alpha Alternatives for the sale of Z-Morh tunnel for an enterprise value of $267 million,” said the first of the two persons cited earlier, both of whom spoke on the condition of anonymity.Queries emailed to APCO Infratech, Alpha Alternatives and NHIDCL remained unanswered till press time.Alpha Alternatives, founded by Naresh Kothari, is a Mumbai-based alternative asset management firm that invests across non-traditional assets beyond plain equities and bonds.The state-run NHIDCL awarded the project to the SPV in 2020 under the design-build-finance-operate-transfer (DBFOT) model, where a private entity handles the entire project lifecycle before transferring it back to the government.

Subscribe to enjoy similar stories.India’s international air travel fell to a four-year low in March as the West Asia conflict disrupted key routes, with Air India Express emerging as the worst-hit among local carriers.The low-cost carrier of Air India, which has a heavy exposure to the region, recorded the steepest decline. Its departures plunged 68% to 1,263 in March from 3,928 a year ago.

Subscribe to enjoy similar stories.MINING A CRYPTOCURRENCY can be an expensive business. Producing new coins, also known as tokens, can require computers to solve cryptographic puzzles, which takes large amounts of power. One way to keep costs down is to relocate mines to wherever electricity is cheapest.

Subscribe to enjoy similar stories.Vice President JD Vance is expected to lead a new round of peace talks with Iran in Pakistan this week in a fresh effort to end the war with Tehran, but there still appear to be significant gaps between both sides as the U.S. pushes Iran to lock up its nuclear program and reopen the Strait of Hormuz.Vance is expected to arrive in Pakistan on Monday evening for talks with Iran on Tuesday—although Iran was still threatening on Sunday that it wouldn’t attend talks, saying Washington’s demands remain excessive. Pakistan helped broker a two-week cease-fire between the U.S.

Subscribe to enjoy similar stories.The US has extended by 30 days its waiver from sanctions for Russian oil purchases. Just days ago, US Treasury secretary Scott Bessent had ruled that out. This flip-flop is a relief.

Subscribe to enjoy similar stories.WHEN AMERICA and Israel began their war on February 28th, it was widely expected that Iran would choke off shipping in the Strait of Hormuz. Few would have predicted that, less than two months later, Donald Trump would impose a blockade of his own, targeting traffic to and from Iranian ports and coastal areas. It went into effect on April 13th.

Subscribe to enjoy similar stories.American military forces began blockading all traffic attempting to enter and leave Iranian ports on Monday, setting up a risky new showdown after peace talks in Pakistan collapsed this past weekend.With enough warships, a blockade could intimidate many tankers attempting to move oil to and from Iran. But U.S. forces would also need to be ready to board and seize hostile ships that try to break the blockade.

At an Ikea store in India, a shopper’s journey often ends where it quietly begins again—with a tray of food.“Food is a major driver of traffic for us. It’s among the biggest reasons customers walk into our stores,” Adosh Sharma, country commercial manager at Ikea India, told Mint in an interview.What started as an in-store convenience has evolved into a core lever for footfall, repeat visits and customer engagement.

For the emerging megacities of Asia, the oil crisis that spread out from the Strait of Hormuz is like the acute phase of a chronic condition. The largest migration in human history is filling their streets and alleyways to bursting point.Urbanization and births will add a billion more people between now and 2050. Jakarta and Dhaka, with 42 million and 37 million people respectively, have overtaken Tokyo at 33 million as the world’s biggest metropolises.

Adani Ports and Special Economic Zone Ltd stock has fallen by about 10% to ₹1,376 since the West Asia conflict began on 27 February. The fall would have been steeper if not for the company’s business updates highlighting that it had clocked 11% year-on-year growth in cargo volumes to 46 million tonnes (MT) in March.