“Secretary  Goyal highlighted  the difficulties  faced by  Indian businessmen  due to  delays in  visa processing  and requested the  United States  to  enhance processing,” the  joint statement said. 

  A senior government official said  New Delhi has sought  to make visas  easier  for Indian traders and investors,  participating  in  Washington government markets  and also asked the  US  to  set up  make permanent the system  that allows qualified  applicants to  self-renew  their H-1B  visas  there  instead of  returning to their home country.  Saturday.  

 India raised these concerns at the Trade Policy Forum (TPF) meeting  on Friday,  co-chaired by  US Trade Representative Katherine Tai and  Minister of  Commerce and Industry  Piyush  Goyal. At  the TPF meeting, the two  Governments  noted that the movement of  highly skilled  and  specialized  workers, students, investors and  entrepreneurs  between the countries contributes  greatly  to  strengthening the partnership  bilateral  economics  and  technology.  

  “Secretary  Goyal highlighted  the difficulties  faced by  Indian businessmen  due to  delays in  visa processing  and requested the  United States  to  enhance  processing,”  the  joint statement said.  India has also asked the US to  set up  a permanent process for Indian H1B visa holders in the US to renew  these  visas in the US itself so that they do not have to  travel  to  India, the government official said. Because of this.  

 Currently, in the  United States,  this  state  facility  is a pilot  program. State facilities mean  H1B visa  holders  can  only be  renewed in the  United States.  

  “Now  we are asking to make it  permanent  and we are asking to extend this facility not only  for  the original visa holder but  also for his  family  so that the family does not need to come back  India  to  extend visa “,”,  India has  asked  the US to consider India as an  “approved country”  for E1 and E2 visas,  for traders and investors. Currently, India does not have  this  status. 

  The manager added: “Therefore, it has been requested  that India should also be considered  a part of the treaty  so that  E1 and E2  visas, intended  for investors and traders,  should  also  be granted  to  India”. .  

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  Luxurious  hospitality  extends  to Ayodhya: 

 Radisson,  Taj  and ITC  open  high-end  hotels 

 In  the wake of  significant  growth in Ayodhya’s  tourism  industry,  three  prominent hotel groups –  Radisson,  Taj  and ITC  –  are set to establish their presence in the city.  The  move comes as  Ayodhya’s  historical and religious  importance  continues to attract  growing  numbers  of tourists. The addition of luxury hotels  not only  demonstrates  the  growing appeal  of Ayodhya as a tourist destination but also  creates  an opportunity for these  prestigious  hotel chains to contribute to  economic and  grassroots development. city’s infrastructure.  

  Tourism  potential of Ayodhya: 

 Ayodhya, located in the northern state of Uttar Pradesh,  is of  immense cultural,  historical  and religious importance. As the birthplace of Lord Rama, it is a  holy  city for millions of Hindus and a  place  of pilgrimage. The recent construction of the Ram Mandir, a grand temple dedicated to Lord Rama, has further enhanced Ayodhya’s global prominence. This has sparked a surge in tourism, as visitors from around the world are drawn to the city’s rich cultural heritage and spiritual significance.  

 Radisson’s Venture into Ayodhya: 

 Radisson, a globally recognized hospitality brand, is gearing up to launch its luxury hotel in Ayodhya. The hotel is expected to offer world-class amenities, combining modern comforts with a touch of traditional elegance. With a focus on providing a unique and immersive experience, Radisson aims to cater to the discerning needs of travelers seeking luxury accommodation in Ayodhya. 

  Park Inn by Radisson Ayodhya can be easily accessed by car or taxi from Maharishi Valmiki International Airport, and Ayodhya Cantt Railway Station. It also has ample parking space for those traveling by car. The hotel offers proximity to notable landmarks such as the Ram Janmabhoomi Temple, The Hanuman Garhi Temple, and Sita ki Rasoi, among others.

  Park Inn by Radisson Ayodhya features well-appointed rooms and suites designed for comfort and relaxation. Each room is adorned by stone accents, large windows, and pleasing interiors that display a blend of modern and traditional elements, ensuring a comfortable stay for the guests. The hotel also  offers  amenities such as a swimming pool and a fully equipped gym for guests  looking for  relaxation or  invigorating  exercise.  

 The hotel  offers multi-purpose  event spaces, including  spacious banquet  halls  and modern, well-equipped spaces suitable for meetings,  weddings  and other events. The banquet hall provides an elegant setting for grand celebrations, and technologically advanced meeting rooms  serve  the needs of business  meetings.  

  Iconic  presence of the Taj:  

 The Taj Group, synonymous with  luxury  and hospitality, is  all  set to make its mark in Ayodhya with a premium hotel. Known for  their splendid architecture  and  excellent  service, Taj  hotels  are  famous  for creating memorable experiences for  visitors.  The introduction of  the  Taj property in Ayodhya  aims  to  enhance  the  city’s  tourism landscape, offering an exclusive  haven  for those seeking luxury and  sophistication.  

 “IHCL has signed management contracts for two new properties in Ayodhya –  the  100-room  Vivanta branded  hotel  and  the  120-room Ginger hotel – which are expected to be operational in 36 months. The  resort  with  two hotels,  spread  over  an area of ​​5  acres, is strategically located  within  comfortable driving distance from the upcoming Ayodhya International Airport and will cater to both business  and  leisure  travelers, ”  Suma Venkatesh – Executive Vice President –  ​​Real  Estate  and  Development, IHCL told  Financialexpress.com.  

  “The  travel and tourism  industry in India is generally vibrant  and the  sector  is witnessing healthy growth in  occupancy rates and  average room  rates,” she added.  This  also  benefits  hotels  located  in  places of  religious or spiritual  significance.  The infrastructure growth in Ayodhya will contribute to economic growth, job creation, and overall positive impact on associated businesses while positioning Ayodhya as a prime destination.” 

 ITC’s Commitment to Sustainable Luxury: 

 ITC Hotels, renowned for their commitment to sustainability and luxury, are also joining the Ayodhya hospitality scene. The ITC property in Ayodhya is expected to showcase the brand’s ethos of responsible luxury, incorporating eco-friendly practices without compromising on the high standards of service. This aligns with ITC’s broader vision of contributing positively to the environment and the communities in which they operate. 

  Boost to Local Economy and Employment: 

 The entry of these luxury hotel chains into Ayodhya is not only a testament to the city’s tourism potential but also a significant boost to the local economy. The hospitality sector is known for creating job opportunities across various skill sets, ranging from front-end service roles to back-end management positions. Additionally, the hotels will contribute to the local economy through collaborations with local businesses and suppliers, further enhancing Ayodhya’s overall development. 

  Beyond Radisson, Taj, and ITC, other reputed hotel chains are also eyeing Ayodhya for their expansion plans. This influx of diverse players in the luxury hospitality sector is a clear indicator of Ayodhya’s emergence as a multifaceted tourist destination. From boutique hotels to international chains, Ayodhya is set to offer a range of options for travelers seeking an elevated stay experience. 

  The decision by Radisson, Taj, and ITC to establish luxury hotels in Ayodhya reflects the city’s rising prominence as a tourist destination. This not only provides  tourists  with premium accommodation options but also contributes to the socio-economic development of Ayodhya. As the hospitality sector continues to invest in the  city’s development,  Ayodhya is poised to  not only  become  a  place of  pilgrimage  but  also  a destination that caters to a  wide variety  of tourists seeking  spiritual enrichment and    luxury experience. 

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India’s lentil production has tapered since 2017-18 when the country recorded its highest output of 1.62 million tonne. According to official data, in the 2022-23 crop year, the country’s lentil production stood at 1.56 million tonne,

India is set to become the world’s largest producer of lentil (masoor) during the 2023-24 crop year on account of higher acreage, Consumer Affairs Secretary Rohit Kumar said Friday. This is significant for India which, despite being among the world’s top five lentil growers, second only to Canada, depends on imports to meet its domestic demands.

“I was looking at the lentil numbers, masoor production numbers, and this year, the numbers are going to be at an all-time high. And I was told by experts yesterday that our lentil production may probably be the highest in the world as a country this year,” Singh said during a roadshow ahead of the Global Pulse Conference (GPC), being held in February in New Delhi.

India’s lentil production has tapered since 2017-18 when the country recorded its highest output of 1.62 million tonne. According to official data, in the 2022-23 crop year, the country’s lentil production stood at 1.56 million tonne,

With the government incentivising farmers to grow more pulses, the country has reported a higher area under lentil crop during the current year. Data from the Agriculture Ministry show 19.45 lakh hectares under lentil till January 12, 2024. This is 1.06 lakh hectare (or about 6%) higher from last year’s area of 18.39 lakh hectare, and 37% higher than the normal area (14.37 lakh hectare) under lentil.

Speaking during the roadshow, NAFED managing director Ritesh Chauhan said India was now on “the path to self-sufficiency”.

“As the Home Minister (Amit Shah) has said… if a farmer grows pulses he will have a full fertiliser factory in his field due to inherent benefits of the crop and we firmly believe in the same,” he said.

Speaking at an event on January 4, Home Minister Shah, who’s also the Union Minister for Cooperation, said India needed to be self-reliant in arhar, urad and lentils. He said the NDA government had increased the MSP of lentils to Rs 6,425 per quintal for the Rabi Marketing Season 2024-25 from the Rs 2,950 per quintal in 2014-15.

According to the data available with the Food and Agriculture Organization (FAO), the world top lentil growers in 2022 were Canada (2.3 million tonnes), India (1.26 million tonnes), Australia (0.99 million tonnes), Turkey (0.44 million tonnes), and Russia (0.26 million tonnes) during 2022.

Despite being the second largest producer of lentil, India has so far been relying on imports to meet its domestic requirements, buying mainly from Australia, Canada, Russia, Singapore, and Turkey. During the current year, it also imported some quantities of lentil from UAE, USA, Sri Lanka and Nepal.

During the April-October period of the current financial year (2023-24), India imported 9.46 lakh tonne of lentils, 159% higher than the 3.65 lakh tonne imported in the same period last year.

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Vaishnaw was in Ahmedabad to review the progress of the ongoing bullet train project among other things.

Railway Minister Ashwini Vaishnaw addressed demands to reinstate pre-Covid fare concessions for senior citizens and media persons, stating that every train passenger already receives a 55% concession on their journey. Without giving any direct reply to questions by media persons on the restoration of concessions, Vaishnaw, during a visit to Ahmedabad to oversee the bullet train project’s progress, said that the Indian Railways is already offering 55% concession on fares to each passenger. 

Vaishnaw was in Ahmedabad to review the progress of the ongoing bullet train project among other things.

Prior to the March 2020 COVID-19 lockdown, the Railways granted a 50% fare concession to senior citizens and government-accredited journalists. Despite the full resumption of railway operations in June 2022, these concessions were not reinstated, leading to discussions and debates on various platforms, including in parliament.

Vaishnaw consistently maintained this stance in both the Lok Sabha and Rajya Sabha when questioned by fellow parliamentarians. During a press briefing in Ahmedabad, he clarified that if a train ticket to a destination costs Rs 100, Railway is charging only Rs 45. It is giving Rs 55 concession. In response to an RTI application, the Indian Railways disclosed earning approximately Rs 2,242 crore from around 15 crore senior citizens during the financial year 2022-23.

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 Union Commerce Minister Piyush Goyal highlighted  the  challenges faced by  Indian businessmen coming  to the US due to  delays in  visa processing  and  asked  the US to  enhance  processing.  

 The Union government  on  Friday asked the US to increase the number of  US Food and Drug Administration  inspections  in India to boost  pharmaceutical  exports and reiterated its  long-standing need  to restore the  system  of  preferences  (GSP) for easier access  to  goods  in the US, according to  a  joint statement from the  Trade Policy Forum  on  Friday.  

 Union Commerce Minister Piyush Goyal highlighted  the  challenges faced by  Indian businessmen coming  to the US due to  delays in  visa processing  and  asked  the US to  enhance  processing. Visa delays  for  Indians  have hit  record levels  in the wake of  Covid-19, causing severe  disruption  for IT professionals working in the US. 

  At  the  same time, the United States imposed several  trade measures introduced by India to  limit imports  of  low-cost  quality  goods,  including  the Quality Control Order  (QCO) and the  Computerized Import Monitoring System. portable, which some  countries  consider commercial. fence.  These measures were  introduced mainly  to  limit  imports from China  in the context of the growing  trade deficit.

  “Ministers reiterate  their commitment to  ensuring  that technical regulations, such as  quality control orders  (QCOs), do not create unnecessary barriers to trade by providing  adequate  opportunities  Consult with relevant stakeholders  and  ensure  that relevant  national  standards  are consistent  with international standards  wherever possible, said  the  press release.  

  The two  countries discussed  the over-reliance  and lack of diversity  of active pharmaceutical ingredients (APIs), important drug input materials,  in  the global pharmaceutical supply chain. India has identified  API  manufacturing  as a  sector  of strategic importance  and has  started production  under the PLI  programme.  

 The joint statement said  the  two  governments  have  agreed to establish a  roadmap for  India and the US  to jointly  recognize  the  results  of recognized  conformity assessment bodies. This comes as several Indian exports  are being rejected  in the US due to differences  between  US and Indian standards. 

  “This will allow  laboratories  and conformity assessment bodies to certify that products  comply  with certain standards. This  will  eliminate  duplicate  testing requirements and reduce compliance costs  when selling  high-quality  products.  Ministers  are  committed to  identifying  priority  areas  of mutual interest for implementation and  establishing  a Joint  Facilitation  Mechanism (JFM) for  these areas,  the terms of reference of which will be finalized at the  earliest,” it said. Dad said.  

 “India  has  emphasized the need to increase the number of inspections  carried out  by the US Food and Drug Administration  (FDA)  in India to facilitate trade and  further  reduce  delays. late.  The United States  appreciates India’s comments,  noting that the US FDA has increased staffing to  enhance  pharmaceutical  testing  conducted by the agency,” the joint statement said. 

  United States Trade  Ambassador  (USTR)  Katherine Tai raised the issue of  India’s  new  requirements for  imports of  computers,  tablets  and servers. 

  “She  also  welcomed  the fact  that India has implemented the  “Import Management System  for  Specified  IT Hardware” in  an enabling  manner that has  so  far minimized the impact on trade and urged India to ensure that  The  end-to-end online system  is now operational  and  the  policies do not restrict  future trade,”  the statement  said.  

 India  lost GSP in 2019 when former US President Donald Trump began introducing  sweeping  trade measures citing  a  widening trade  deficit  with India and China.  Trump’s  trade war  has hurt  New  Delhi, which  was the  biggest  beneficiary of GSP status in  2017,  with $5.7 billion  of imports into the  United States enjoying  duty-free status.  “Secretary  Goyal reiterated  India’s  interest in  restoring  beneficiary status under the US Generalized  Program  of  Preferences.  Ambassador Tai noted that this  may  be considered,  if  warranted,  based on  eligibility criteria determined by the  United States  Congress,” the statement  said.  

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Goldman Sachs Group  Inc.,  in a report released  January  12, projected  that India’s  “wealthy”  class is  expected  to reach 100 million  people  in the next three  years . He said this would allow the country’s premium products companies  to  perform  better  than their  broader competitors. 

The report titled  The  Rise of  ‘Rich  India’ said  strong  economic growth,  stable monetary  policy  and  strong  credit growth over the past decade have  fueled  purchasing power of  high-income Indian students. He added  that 60 million  people,  or  4.1%  of the  population,  now earn  more than  $10,000  a year, up from  24 million in 2015.  This  is  certainly  a small percentage of the  total  population. 

  Who  understands “Rich India”? 

 Goldman Sachs has classified the  richest 4%  of  India’s  working-age  population, whose  per capita income  exceeds  $10,000  per year,  as  “Rich Indians”.  They contrast with India’s  per capita income of  about  $2,100. The  “rich India”  group,  with  about 44 million  people of working age,  is  expected  to reach  about  60 million  considering the total population of 1.42  billion.

 This  growing demographic,  comprising  approximately 60 million consumers and 12-14 million households,  reflects  the widespread adoption of discretionary products and services in India.  The report highlights notable  statistics  including approximately  40 million air travelers  per year,  approximately 30 million monthly users  interacting  with online food aggregators, 30 million broadband  connections  and  about  26 million international  tourists depart  from India each  year.  

 The  strong wealth effect is a factor 

 The report notes that the  increase in  wealth  comes from  a variety of  factors. India’s market  capitalization  has  grown  more than  80%  in the  past  three years, driven by  growing  retail participation. From 2020 to 2023,  gold prices also increased significantly by 65%. As a result,  the  total  value of  India’s stock  and gold  holdings increased  from $1.8 trillion to $2.7 trillion.  Real estate  prices  have notably increased by about 30% between fiscal years 2019 and 2023,  in contrast to  the 13% increase  observed  between fiscal years 2015 and 2019.  

  He  added that growth in the  ‘affluent  India’ segment is expected to  drive  sustained expansion in  luxury  consumption,  categories such as  entertainment,  jewellery,  dining out, care Healthcare  and  luxury  brands  in  various sectors  are  the  main areas. beneficiaries.

On the equity side,  the report identified a strong preference for brands and network  expansion  efforts such as Apollo, Devyani, Eicher, MakeMyTrip,  Phoenix ,  Sapphire,  Titan  and Zomato.  Research shows  that companies  targeting high-end  consumption  are growing  faster  than  those targeting  large-scale  consumption.  

 Over the  past  12 months, stocks  on  Goldman  Sachs’ ‘Rich  India’ list have seen  consensus estimates for  their  fiscal 2024  revenue  rise 7%,  while  overall consumer stocks decreased by 3%. India emerges as  the  third largest economy  by 2027.

 The International Monetary Fund (IMF) predicts that India, currently the world’s  fifth largest  economy, is  on track  to become the  third largest  by 2027. This growth is  due  to  growing purchasing power. rise  of the middle class,  especially  benefiting companies  that provide high-priced end-brand services.  in  entertainment,  jewelry,  outdoor dining  and healthcare, according to Goldman.

Goldman’s report highlights  significant increases  in the value of financial and physical assets in India over the past three years, contributing to the  country’s  growing  wealth.  While traditional assets such as gold and  real estate  remain important,  over the past five years  there has been a significant  trend of  households investing in equities through direct stocks or mutual  funds.  

 What  drives profits?

  The  top  three  asset classes  with  notable  growth in  value  from  2019 to 2023  are gold,  stocks  and  real estate. Stocks  and gold  had  the most  significant gains,  with  real estate  prices  rising  at  higher  levels over  the  past  3-4 years. 

  The market  capitalization  of the Indian stock market  increased  by  80% between  January 1, 2020 (just before the market  crash  due to COVID-19  pandemic  disruptions)  and  January 1,  2020. January  2024. During this period,  the participation of  retail  investors is increasing.  Indian  stock  market.

The number of ‘demat accounts’ has increased from around 41 million in FY20 to  around  114 million in FY23.  Furthermore, savings  flow  Household flows  into  equities have increased  significantly  since  fiscal 2017, remaining at persistently  high  levels between 2017 and 2023,  indicating  growing and  sustained  participation in the  market stocks in the context of sharply increasing profits.  

  Consumers own stocks  through direct retail  holdings  and mutual funds, both  of which have grown  in recent years.  Total direct retail investor participation in the  BSE 200  increased from  8.5%  in  December 2019  to  9.8%  in  September 2023,  while  mutual  fund participation in water increased  from  8.1%  in  December 2019  to  9.2%  in  September 2023.

  Additionally,  Indian households  own about  25,000 tons of gold,  accounting for  about  10-11%  of the world’s physical gold  reserves,  according to the World Gold Council.  Gold prices have increased  from an average of  ₹39,900/10g  in January 2020 to an average of  ₹62,200/10g  in December 2023,  an increase of about 65%. 

 The total value of household gold  reserves  in India  increased  from $1.1 trillion to $1.8 trillion  between  2019  and  2023, contributing significantly to the  growing  wealth effect in  “India is rich”. 

Although real estate  prices  have not increased  as  strongly  as gold and  stocks,  the  growth rate  of  real estate  prices in India  has changed clearly  in recent years. According to Propequity data, average  real estate  prices in India  rose about 30% in the 2019-2023 financial year,  compared to a slower  rise  of about  13% in the 2015-19 financial year. 

The spending power gap still exists  

  However,  despite  overall economic growth in India, a  purchasing  power  gap persists  between  top earners and the middle  class. According to the report, with  a  per capita  GDP  of less than $3,000 a year, only 30 million Indians can afford a  car,  even though more than 960 million debit cards have been  issued  and 93 million  people  have  pay  phone  connections after.  

 This  shows  that while  some  sectors are  booming,  challenges related to income inequality and access to basic amenities  persist  in  India’s growing economy.

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 While attrition fell to 12.9% in  Q3  from 14.6% in  2QFY24,  the  company’s utilization rate increased  to 82.7% in the  upcoming quarter through precious.  

  Infosys’  net headcount  fell  by 6,101 to  a total of 322,663 employees  in  the third quarter of  2024.  This  was  the fourth  consecutive  quarter in  which an  IT company reported a decline in its total headcount. 

  In the September quarter of  fiscal 2024,  Infosys had about  3,28,764  employees.  Over  the  past  12 months, the company saw a total decline of 24,182 employees,  or  about 7% of its  workforce in Q3 FY 2023.  This  was  also  the  year  when  the IT  industry saw 3 out  of  the  10 highest paid employees in FY23  leave  the company.  

 While attrition fell to 12.9% in  Q3  from 14.6% in  2QFY24,  the  company’s utilization rate increased  to 82.7% in the  upcoming quarter through precious.  This  compares with  81.8% in the second quarter.  

 Nilanjan Roy, outgoing CFO of Infosys,  said:  “We continue to monitor the  usage  and our  flexible  hiring model with Covid, on  and off campus,  this is  a  post  new  to  us… At this stage, of course,  we are  not seeing  immediate  recruitment on campus.  But  to  increase  numbers,  we have a very strong off-campus  program.  

 After  about five  months of delay,  Infosys last month rolled out  pay  hikes to  select employees,  effective  November 1, with the new amount credited to accounts  along  with  December  salaries . Lower-level employees  who  join  the company after October  2021 will  not  receive a salary increase,  nor  will  those at the  management  level who  join  the  company  after October  2020 receive a salary increase.  Generally,  IT  companies give  annual  salary increases  to  June-July  hires  and they are  effective. right  from the start of the  exercise.  

 Salil Parekh,  CEO of  Infosys, said  many general  AI projects are  underway  and the company now has  100,000 employees trained in GenAI.  Infosys also saw a decline in the number of  active and smaller  customers  in the third quarter.  

 The company saw its number of active  customers increase  from 1,884 to 1,872 in the third quarter. Even the number of  million-  and  ten-million-dollar customers dropped  seven and four,  respectively,  to 944 and 308 in the third quarter. 

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  A US-backed  coalition including  Britain  launched heavy  air strikes  in Yemen on Thursday, targeting Houthi rebels. The  Yemeni government has  now  promised a blood feud,  saying  “the US  and  UK  will  be prepared  to pay a heavy  price”.  

 The  US and UK  attack  on Yemen comes weeks after  Houthi rebels  reportedly launched  disruptive attacks  in the  Red  Sea, damaging  commercial shipping on the trade route. 

  US and UK  airstrikes in  Yemen  reportedly  targeted an  air base, airport  and a military camp. 

  According to media officials, Houthi Deputy Foreign Minister Hussein Al-Ezzi said: “Our  country  has suffered  a  powerful  attack  from  American and British ships, submarines and  fighter jets.” . “The US  and  UK  will have to  be prepared  to pay a heavy price and bear all the  disastrous  consequences of this blatant  act of aggression,”  Al-Ezzi added. 

  Houthi-run Al-Massirah TV  channel  said the  airstrikes targeted  the capital Sanaa as well as the cities of Hodeida and Saada. 

  According to US officials,  large-scale  retaliatory  attacks  on Yemen were  carried out  using  Tomahawk missiles and fighter  aircraft launched by warships and submarines.  

 President Joe Biden said the  attacks  were  intended  to demonstrate that the  United States  and its allies “will not  tolerate”  the  Houthi continued offensive in  the Red Sea. Biden said they only made  this decision  after  trying  diplomatic negotiations and careful  consideration.  The  attacks were  the first  U.S.  military response to what  appears to have  been a  sustained  campaign of drone and missile attacks  against  commercial  shipping  since  at  the  beginning  of the  war between Israel and Hamas.  

 The  coordinated  US-UK  military  attack took place  just a week after the White House and  many  partner  countries  issued a final warning  asking Houthi forces  to  stop attacking  or face  military action.  can happen.  

 The  resurgence of  the  Middle East  oil  crisis comes weeks after  Houthi forces  reportedly attacked ships in the Red Sea. While the Houthis  claim  their attack is  aimed at protecting  Palestinians in Gaza  from  Israel, it  should be  noted that many  of the  ships attacked by  the  Houthis  have tenuous  or  no connections  to Israel.  

 US and British forces  reportedly shot down 18 drones and three missiles fired by Houthi rebels in the Red Sea  this week,  in what Washington called a “complex  attack orchestrated by Iran”. next”. 

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