How Trump’s Iran war betrayed America’s promise
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AC prices: Hot summer leads to 5–15% hikes
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New Delhi: As the mercury starts rising, leading room airconditioner makers are increasing prices in the range of 5-15% to offset sustained increases in raw material costs and supply chain expenses.The hikes, being rolled out between February and April, come just ahead of the peak summer season when demand typically surges.Leading players, including Daikin, Voltas, Blue Star, LG, Haier, and Mitsubishi, have announced increases across models, passing on higher input costs for key raw materials such as copper, a weaker rupee, new energy-efficiency norms and an increase in freight costs.Industry executives said while adjustments are unavoidable, they expect strong sales momentum this year, aided by forecasts of a hotter summer and improved energy savings from new star-rated models.Daikin India is going to increase prices by up to 12% from April, and the hike in prices would depend on model to model, its CMD, Jawa, told PTI."New energy norms have come, which have made products more ef...
India cautiously optimistic after Nepal verdict
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New Delhi: India is cautiously optimistic after rapper-turned-politician Balen Shah's Rastriya Swatantra Party (RSP) swept the Nepal general election and is looking forward to working with the new government to advance economic and security partnership, said people familiar with the matter.Shah, 35, who is expected to become Nepal Prime Minister, has an Indian connection: he did his master's in structural engineering from Visvesvaraya Technological University in Karnataka after receiving a bachelor's degree in civil engineering in Nepal.Nepal's traditional political parties, which were removed from power after the September 2025 street protests, which left 70 people dead, have been trounced in the polls as they were seen as corrupt and non-performing. The RSP was earlier part of the Pushpa Kamal Dahal (Prachanda)-led government in 2022-23.Shah enjoys a massive following in the Himalayan Kingdom. As mayor of Kathmandu, he focused on improving the urban infrastructure, su...