India plays key role in Nigeria turning exporter of petroleum products: Report

IANS | May 5, 2026 1:56 PM

New Delhi, May 5 (IANS) While the closure of the Strait of Hormuz amid the US-Israel war on Iran has disrupted supply chains of fuel-importing countries, it has also opened up new opportunities for countries like Nigeria to step up exports of petroleum product from its coastal refinery that has been built with Indian and Chinese assistance, according to a new report.

US-Iran war strikes structural blow to Pakistan’s economy

IANS | May 5, 2026 1:19 PM

New Delhi, May 5 (IANS) The conflict between the United States and Iran has triggered a severe energy price shock through Pakistan’s economy which is in dire straits with rising inflation, dwindling foreign exchange reserves and a fast depreciating currency.

Adani Electricity, BMC light up 2.5-km Gorai Beach stretch in Mumbai

IANS | May 5, 2026 12:58 PM

Mumbai, May 5 (IANS) Adani Group-backed Adani Electricity Mumbai Limited (AEML), in coordination with the Brihanmumbai Municipal Corporation (BMC), has illuminated a 2.5-km stretch of Gorai Beach that ended nearly three years of darkness along the popular shoreline.

Elon Musk to pay $1.5 million to settle SEC case on Twitter stake

IANS | May 5, 2026 10:50 AM

New Delhi, May 5 (IANS) Billionaire entrepreneur Elon Musk has agreed to pay $1.5 million to settle a case with the US Securities and Exchange Commission (SEC) over delayed disclosure of his stake in Twitter (now known as X), according to multiple reports.