Global financial markets are preparing for heightened volatility after the United States and Israel carried out strikes on Iran, triggering fears of wider conflict in the Middle East and potential disruptions to global energy supplies, Reuters reported. Tehran retaliated by launching missiles towards Israel, intensifying concerns among investors and oil producers across the region.President Donald…
Photo credit- PTI Prime Minister Narendra Modi inaugurated Micron Technology’s semiconductor facility at Sanand in Gujarat, asserting that India is now expanding its global identity beyond software into hardware manufacturing as it seeks a larger role in the global semiconductor value chain.The US-based company’s ATMP (Assembly, Testing, Marking and Packaging) plant, the first such facility…
NEW DELHI: In an effort to transform India’s punitive prison system into reformative centres, Supreme Court has mandated radical reforms and ruled that women inmates, like male prisoners, have a fundamental right to be lodged in open correctional institutions (OCIs), which must change character from labour camps to vocational training centres and allow inmates’ to…
NEW DELHI: The military strikes on Saturday put the spotlight on the Strait of Hormuz, a critical global shipping route for India and other Asian countries, prompting officials here to activate contingency plans to safeguard energy supplies, reports Atul Mathur.While keeping a close watch on the unfolding situation, they also have an eye on crude…
It took Polymarket less than 24 hours to turn a Middle Eastern war into an active trading floor. Since the U.S. and Israel launched strikes on Iran Saturday, the prediction market has seen a flood of new contracts covering everything from ceasefire timelines to whether the Iranian regime will collapse by June. The speed and…
NEW DELHI: The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) is likely to recommend 8.2-8.25% interest rate for its 31 crore members this year, in the wake of the ebbing stock markets and bond yields, combined with higher settlements of claims. The retirement savings body paid 8.25% last year. In…
File photo: Union finance minister Nirmala Sitharaman Mumbai: Finance minister Nirmala Sitharaman on Saturday said she would look into allegations of overreach by GST authorities after businessman TV Mohandas Pai raised concerns over the arrest of Fino Payments Bank MD & CEO Rishi Gupta in a Rs 3,000 crore GST evasion case.In a post on…
Garhwal MP Anil Baluni (PTI image) NEW DELHI: As part of his campaign to re-populate settlements hit by exodus of locals in Uttarakhand, Garhwal MP Anil Baluni played Holi with current and former residents of Dhoor village during his visit to the constituency. Several former residents returned to the village briefly to play the festival…
NEW DELHI: The Ministry of Civil Aviation (MoCA) said that more than 410 flights operated by domestic carriers were cancelled on Saturday and around 444 flights are expected to be cancelled on Sunday as airspace restrictions continue over Iran and parts of the Middle East. In a post on X, the ministry stated: “Due to…
Bitcoin jumped to $68,000 early Sunday, recovering nearly all of Saturday’s war-driven losses within hours of Iranian state TV confirming that Supreme Leader Ayatollah Ali Khamenei was killed in U.S. and Israeli airstrikes. Khamenei held ultimate authority over Iran’s military, foreign policy, and nuclear program. Under Iran’s constitution, a temporary council of the president, head…
