<p>Mumbai: Eighty-five percent of about 12,000 State Bank of India freshers set to join the country's largest lender SBI in FY25 are engineering graduates, its chairman Dinesh Khara has said. The bank is in the process of onboarding up to 12,000 After training the over 3,000 POs and over 8,000<br>associates with some banking knowledge, they will be freshers in the roles of channelized into various business roles probationary officers and associates in FY25, and there is no bias towards onboarding engineers in the ranks, Khara said, stressing that this is not by design.&nbsp;<br><br>After training the over 3,000 POs and over 8,000 associates with some<br>banking knowledge, they will be channelised into various business roles.</p>

It can be noted that this comes at a time when the banking sector is increasing its
dependency on technology as it looks for newer ways of enthralling the customer

SBI's 85% hires to be engineering graduates in FY25

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<h1 class="article-title">US-Israel-Iran War Latest Update: Tensions Mount Amid Regional Flashpoints</h1>
<p class="article-dateline"><strong>WASHINGTON D.C. &ndash; </strong>The geopolitical landscape of the Middle East remains acutely volatile, with the United States, Israel, and Iran locked in a complex and perilous standoff. While a declared, full-scale war has been repeatedly averted, the region is witnessing an intense "shadow war" characterized by proxy confrontations, strategic military posturing, and escalating rhetoric. This comprehensive update details the latest developments and the ongoing factors contributing to the heightened risk of a broader conflict.</p>
<h2 class="section-title">Escalating Incidents and Direct Actions</h2>
<p>Recent weeks and months have underscored the fragility of regional peace through a series of significant events:</p>
<ul>
<li><strong>Alleged Israeli Strikes:</strong> Reports continue of Israeli airstrikes targeting Iranian-linked military assets and personnel in Syria and, at times, Iraq. These operations align with Israel's long-standing policy of preventing Iran from establishing a permanent military foothold near its borders or transferring advanced weaponry to proxy groups like Hezbollah.</li>
<li><strong>Iranian Nuclear Progress:</strong> The International Atomic Energy Agency (IAEA) has consistently reported on Iran's accelerating uranium enrichment activities, including enrichment to levels far beyond the limits set by the collapsed 2015 nuclear deal (JCPOA). This progress is a primary source of alarm for both the U.S. and Israel, who view it as a pathway to nuclear weapons capability.</li>
<li><strong>Maritime Tensions:</strong> The Red Sea and Gulf regions have seen a continuation of attacks on commercial shipping, frequently attributed to Iranian-backed Houthi rebels in Yemen or Iran itself. These incidents have prompted significant U.S. naval deployments and international efforts to secure vital shipping lanes.</li>
<li><strong>Proxy Engagements:</strong> Iranian-backed militias in Iraq, Syria, and Lebanon (Hezbollah) remain active, posing persistent threats to U.S. forces and Israeli interests, often leading to retaliatory strikes.</li>
</ul>
<h2 class="section-title">The U.S. Position: Deterrence and De-escalation</h2>
<p>The United States continues to navigate a challenging diplomatic and military strategy:</p>
<ul>
<li><strong>Reinforced Presence:</strong> The Pentagon has periodically increased its military footprint in the Middle East, deploying additional aircraft carriers, fighter jets, and ground assets to the Persian Gulf as a deterrent against potential Iranian aggression.</li>
<li><strong>Sanctions Leverage:</strong> Washington maintains and enforces a comprehensive sanctions regime against Iran, targeting its oil exports, financial sector, and entities linked to the Revolutionary Guard Corps (IRGC), aiming to cripple its ability to fund regional proxies and its nuclear program.</li>
<li><strong>Support for Israel:</strong> The U.S. reaffirms its unwavering commitment to Israel's security, providing significant military aid and intelligence sharing, and supporting Israel's right to self-defense against threats.</li>
<li><strong>Diplomatic Standoff:</strong> Efforts to revive the JCPOA have largely stalled, with both the U.S. and Iran demanding concessions before returning to compliance. Indirect diplomatic channels, however, are occasionally used to convey messages and de-escalate specific tensions.</li>
</ul>
<h2 class="section-title">Israel's Strategic Imperatives</h2>
<p>For Israel, the Iranian threat is multi-dimensional and viewed as existential:</p>
<ul>
<li><strong>Nuclear Bomb Prevention:</strong> Israel maintains that it will not permit Iran to develop nuclear weapons and has hinted at potential military action if diplomatic efforts fail to halt Iran's nuclear program.</li>
<li><strong>Regional Encirclement:</strong> The proliferation of Iranian-backed groups (Hezbollah, Hamas, various Iraqi and Syrian militias, Houthis) along its borders and across the region represents a direct and constantly evolving security challenge.</li>
<li><strong>Precision Missile Threat:</strong> Iran's development and transfer of precision-guided missiles to its proxies are a major concern, potentially allowing for accurate strikes deep within Israeli territory.</li>
</ul>
<p>Israeli intelligence and military forces remain on high alert, frequently conducting drills and proactive operations to disrupt perceived threats.</p>
<h2 class="section-title">Iran's 'Resistance Economy' and Regional Influence</h2>
<p>Iran, under immense international pressure, continues to pursue a strategy aimed at self-reliance and asserting regional dominance:</p>
<ul>
<li><strong>Nuclear Program as Leverage:</strong> Tehran views its nuclear advancements as a bargaining chip and a symbol of national technological prowess, while maintaining its program is solely for peaceful energy and medical purposes.</li>
<li><strong>"Axis of Resistance":</strong> Iran continues to fund, train, and arm its network of regional allies and proxies, viewing them as a crucial deterrent against U.S. and Israeli aggression and a means to project power.</li>
<li><strong>Anti-Sanctions Stance:</strong> Iran adamantly opposes U.S. sanctions, calling them economic terrorism, and actively seeks ways to circumvent them, often through covert trade and energy deals.</li>
<li><strong>Military Modernization:</strong> Despite sanctions, Iran continues to develop its indigenous missile and drone capabilities, showcasing new weapons systems as a demonstration of its defensive strength.</li>
</ul>
<h2 class="section-title">Regional and Global Implications</h2>
<p>A full-scale military conflict between these powers would have devastating consequences far beyond the immediate battlegrounds:</p>
<ul>
<li><strong>Global Energy Crisis:</strong> Significant disruption to oil and gas shipments through the Strait of Hormuz, a critical global chokepoint, would send crude oil prices soaring and destabilize the global economy.</li>
<li><strong>Humanitarian Catastrophe:</strong> Widespread civilian casualties, mass displacement, and exacerbation of existing refugee crises across the Middle East.</li>
<li><strong>Broader Regional Instability:</strong> The conflict would likely draw in other regional actors, further destabilizing already fragile states and potentially sparking conflicts on multiple fronts.</li>
<li><strong>Economic Downturn:</strong> The ripple effects on global trade, investment, and supply chains would trigger a significant worldwide economic contraction.</li>
</ul>
<h2 class="section-title">Outlook: A Perilous Stalemate</h2>
<p>Expert analyses consistently point to a precarious equilibrium where all major players seek to avoid an all-out war while simultaneously pursuing their strategic interests through less-than-direct means. The risk of miscalculation, unintended escalation from a localized incident, or a deliberate move to cross a "red line" remains critically high. While diplomatic channels are often employed to manage immediate crises, a fundamental resolution to the deep-seated mistrust and conflicting objectives &ndash; particularly regarding Iran's nuclear program and regional posture &ndash; appears distant, leaving the Middle East in a state of perilous stalemate.</p>
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Stay informed on the US-Israel-Iran war. Get breaking news, live updates, and expert analysis on the escalating Middle East conflict now.

US-Israel-Iran War: Breaking News & Live Updates

Tensions flare! Get the latest on the US-Israel-Iran war developments. Regional conflict and geopolitical strategies are intensifying. Stay informed on diplomatic efforts, potential military actions, and critical updates impacting global stability.

US-Israel-Iran War Latest Update

<h1>Strait of Hormuz: Assessing the Escalation of Tensions</h1>
<p>Recent developments in the Persian Gulf region suggest a discernible increase in friction surrounding the Strait of Hormuz, raising alarms among international observers and global markets. A series of maritime incidents, heightened rhetoric, and military posturing have prompted questions about whether the long-standing tensions in this critical waterway are spiraling towards a more significant confrontation.</p>
<h2>A Critical Global Chokepoint</h2>
<p>The Strait of Hormuz, a narrow passage between Iran and Oman, is undeniably one of the world's most vital maritime chokepoints. Approximately one-fifth of the world's total oil consumption, along with a significant portion of liquefied natural gas (LNG), transits through its waters daily. Its strategic importance makes it a perennial flashpoint for geopolitical rivalries, particularly between Iran and Western powers, as well as regional adversaries.</p>
<h2>Recent Incidents Fueling Concern</h2>
<p>Over the past months, the region has witnessed a troubling uptick in activities that point to an escalation. These include:</p>
<ul>
<li><strong>Maritime Seizures and Harassment:</strong> Several commercial vessels, including oil tankers, have been seized or harassed by Iranian forces, often cited by Tehran as responses to perceived violations or in retaliation for previous actions against Iranian shipping. These actions directly impact international shipping freedom and raise insurance premiums for vessels traversing the Strait.</li>
<li><strong>Drone and Naval Encounters:</strong> Reports of close encounters between Iranian Revolutionary Guard Corps (IRGC) naval vessels and U.S. Navy ships have become more frequent, often accompanied by allegations of dangerous and unprofessional conduct. Unmanned aerial vehicle (UAV) activity in contested airspace has also contributed to the tense atmosphere.</li>
<li><strong>Heightened Rhetoric:</strong> Statements from both Iranian and U.S. officials, along with those from regional allies, have grown sharper. Iran has repeatedly threatened to disrupt oil flow through the Strait in response to sanctions or military pressure, while the U.S. and its partners reaffirm their commitment to freedom of navigation.</li>
<li><strong>Military Exercises and Deployments:</strong> Both Iran and allied naval forces have conducted extensive military exercises in the region, showcasing their capabilities and readiness. While routine for some, the timing and scope of these drills during periods of heightened tension are seen as implicit warnings.</li>
</ul>
<h2>Key Players and Their Stakes</h2>
<p>The principal actors in this high-stakes standoff each have significant interests at play:</p>
<ul>
<li><strong>Iran:</strong> Views the Strait as a strategic leverage point against international sanctions and perceived external threats. Its actions are often seen as a demonstration of its ability to disrupt global energy supplies, thereby forcing international attention and potentially negotiating concessions.</li>
<li><strong>United States:</strong> Committed to ensuring freedom of navigation and protecting global commerce, particularly oil supplies crucial for the world economy. The U.S. maintains a robust naval presence in the region to deter aggression and support its regional allies.</li>
<li><strong>Saudi Arabia and United Arab Emirates:</strong> Major oil producers and regional rivals of Iran, they are acutely vulnerable to any disruption in the Strait, as their vast oil exports depend heavily on this route. Their security and economic stability are directly tied to regional peace.</li>
<li><strong>International Community:</strong> Global powers, particularly those reliant on Middle Eastern oil, watch developments with apprehension. Any significant conflict or disruption would have immediate and severe repercussions on global energy prices, inflation, and economic stability worldwide.</li>
</ul>
<h2>Economic and Geopolitical Repercussions</h2>
<p>An escalation of conflict in the Strait of Hormuz would trigger severe consequences. Economically, it would almost certainly lead to a sharp spike in global oil prices, impacting industries and consumers globally. Shipping insurance costs would skyrocket, disrupting supply chains far beyond the energy sector. Geopolitically, the risk of miscalculation is ever-present, with the potential for a localized incident to spiral into a broader regional conflict involving multiple actors, destabilizing an already volatile part of the world.</p>
<h2>Outlook: A Precarious Balance</h2>
<p>While a full-scale military conflict remains a dire scenario that all major players likely wish to avoid, the current trajectory of increased low-level confrontation and aggressive posturing is deeply concerning. The situation in the Strait of Hormuz remains a precarious balance, with the international community urging all parties to exercise restraint and pursue diplomatic channels to de-escalate tensions and uphold the critical principle of freedom of navigation.</p>

Is conflict escalating in the Strait of Hormuz? Get the latest updates and expert analysis on rising tensions in this critical global choke point and its impact on oil and trade.

Strait of Hormuz Tensions: Is Conflict Rising?

Is Strait of Hormuz conflict escalating? Rising maritime tensions threaten global oil supplies and international trade. Increased instability in this critical waterway sparks significant concerns for security and economic impact worldwide.

Strait of Hormuz conflict increased ?

<p><strong>Budget 2024: </strong>The country eagerly awaits the unveiling of the Union Budget by Finance Minister Nirmala Sitharaman. There&rsquo;s another aspect that captured everyone's attention and that is her choice of attire. Each year, Sitharaman's selection of saree for the budget presentation becomes a topic of interest and admiration among the public.</p>
<p data-t="{&quot;n&quot;:&quot;blueLinks&quot;}">This year, for her record-breaking seventh Union Budget presentation she chose a beautiful white silk saree delicately bordered in magenta and adorned with intricate golden motifs. Her elegant appearance not only captured attention but also sparked admiration across the nation and on social media platforms.&nbsp;</p>
<p><a href="https://www.msn.com/en-in/video/money/union-budget-2024-%E2%80%9Call-hands-on-table%E2%80%A6%E2%80%9D-cea-nageswaran-calls-for-strong-domestic-growth-for-%E2%80%98viksit-bharat%E2%80%99/vi-BB1qqcEq?ocid=nl_article_link&amp;cvid=b75aa258f84f443c80de41c9ca54059f&amp;ei=37">View on Watch</a></p>
<p>Source : <a title="MSN Budget " href="https://www.msn.com/en-in/money/topstories/union-budget-2024-fm-sitharaman-dons-white-and-magenta-saree-for-budget-presentation/ar-BB1qsddC?ocid=nl_article_link">MSN</a></p>

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Union Budget 2024: Fm Sitharaman Dons White And Magenta Saree For Budget Presentation

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<h2 class="sub-headline-text">These include projects of Urban Development Department, Water Supply Department, Road and Transport Department and Mines and Minerals Department</h2>
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<p><strong>New Delhi, May 11</strong></p>
<p>Prime Minister Narendra Modi will visit Gujarat on Friday to launch projects worth nearly Rs 4,400 crore and also allot houses built under the central government's housing scheme to 19,000 beneficiaries.</p>
<p>A statement said he will attend the 'Akhil Bhartiya Shiksha Sangh Adhiveshan' in Gandhinagar and visit GIFT City as well.</p>
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<p>During the programme in Gandhinagar, it added, Modi will inaugurate and lay the foundation stone of development projects worth over Rs 2,450 crore.</p>
<p>These include projects of Urban Development Department, Water Supply Department, Road and Transport Department and Mines and Minerals Department.</p>
<p>He will hand over keys to beneficiaries of the Pradhan Mantri Awas Yojna (rural and urban) scheme during the programme. The total outlay of these projects is around Rs 1,950 crore, the statement said.&nbsp;</p>
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PM Modi to launch projects worth Rs 4,400 crore in Gujarat on Friday

<p id="0" class="story_para_0">Former world No. 1 Karolina Pliskova has said that it would be very difficult for the 23-time Grand Slam winner Serena Williams to win Wimbledon again after being absent from the WTA tour for nearly 12 months.</p>
<p id="1" class="story_para_1">The 40-year-old Serena announced her intention to play the third major of the year and at this week&rsquo;s Rothesay International at Eastbourne. Williams suffered an injury to her right leg at Wimbledon in 2021 and was forced to retire in the first round but has accepted a wild card to return to the All England Club, where she has won the title on seven occasions.</p>
<p id="2" class="story_para_2">Serena will pair up with Ons Jabeur to play doubles at Eastbourne before she once again attempts to draw level with Margaret Court&rsquo;s tally of 24 Grand Slams.</p>
<p id="3" class="story_para_3">&ldquo;I think it will be difficult, super difficult for her no matter which kind of player she is because this is a thing where you still need some time," Pliskova was quoted as saying by Sky Sports.</p>
<p class="story_para_3"><img src="https://news-admin.wrteam.me/storage/news/1655729419.8852.jpg" alt="" width="1080" height="610"></p>
<p id="5" class="story_para_5">&ldquo;She is an amazing player, she achieved so much and still a number of players will be super scared to play her. This is her advantage but let&rsquo;s see the level. I cannot really say," she said.</p>
<p id="6" class="story_para_6">The 30-year-old Pliskova, who reached two Grand Slam singles finals at the 2016 US Open and the 2021 Wimbledon Championships, doesn&rsquo;t believe the American could be a contender this year.</p>
<p id="7" class="story_para_7">&ldquo;I don&rsquo;t know how long it has been since she has played. Has it been a year? It is a long time and she is not the youngest anymore so I suppose the body also takes some time to get back into shape. Playing matches at tournaments is still very much different from just practising and from what I understand, she is not playing (singles) here, she is just playing doubles," she said.</p>
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A column of ash soared into the daytime sky on Indonesia's Halmahera island in North Maluku province

Indonesia's Mount Ibu erupts again, spews huge ash tower

<p>&nbsp;The National Investigation Agency (NIA) has arrested another Afghan national in connection with the 3,000-kg heroin seizure by the Directorate of Revenue Intelligence (DRI) at Mundra port in Gujarat in September.</p>
<p>The accused has been identified as Sobhan Aryanfar (28). The agency arrested him from Neb Sarai in south Delhi.</p>
<p>According to the NIA, Aryanfar has been found to be involved in the conspiracy to transport narcotic drugs concealed in the import consignment of semi-processed talc stones, which had originated from Afghanistan.</p>
<p>The agency has registered the case under the Unlawful Activities (Prevention) Act and the relevant provisions of the Narcotic Drugs and Psychotropic Substances Act and the Indian Penal Code, on the basis of the findings of the DRI.</p>
<p>The NIA officials suspect that the same network had been used to smuggle in another consignment in the past.</p>
<p>Some of the accused persons are said to be linked to a drug trafficking case registered earlier by the Special Cell of the Delhi Police.</p>
<p>Based on the inputs, the NIA had conducted searches in different parts of the country, including in and around Delhi, in October. It collected samples of suspected drugs from a warehouse.</p>
<p>Earlier, the DRI arrested 10 persons, including six Afghan nationals and an Uzbek woman, for their alleged involvement.</p>
<p>The DRI probe revealed that the contraband had been packed in Afghanistan and sent through Kandahar-based Hassan Hussain Limited. The consignment was declared as that of talc stones for export to Aashi Trading Company in Vijayawada, via Bandar Abbas port in Iran.</p>
<p>The drugs were meant to be brought to Delhi for further transportation and distribution.</p>
<p>The NIA will be contacting the authorities in Iran for gathering information about the persons who had booked the consignment at Bandar Abbas port.</p>

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SBI's 85% hires to be engineering graduates in FY25

Related News

US-Israel-Iran War Latest Update

Strait of Hormuz conflict increased ?

Union Budget 2024: Fm Sitharaman Dons White And Magenta Saree For Budget Presentation

PM Modi to launch projects worth Rs 4,400 crore in Gujarat on Friday

Indonesia's Mount Ibu erupts again, spews huge ash tower

NIA arrests one more Afghan national in 3,000-kg drug haul case

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