Asian stocks opened sharply lower on Monday, weighed down by surging oil prices and concerns over economies reliant on energy imports from the Middle East. South Korea’s Kospi emerged as the hardest hit, tumbling over 7.8% or 437 points to 5,147. Nikkei plunged 6.6% or 3,683 points to 51, 937. Around 11 am IST, HSI…
Bitcoin is holding up better than it probably should. The largest cryptocurrency traded at $67,378 on Monday morning, up 1.1% over the past 24 hours and essentially flat on the week, while the world around it deteriorated sharply. Among majors, ether rose 2.3% to $1,981, hovering just below $2,000. BNB gained 1.4% to $624. Dogecoin…
KOLKATA: Bengal CM Mamata Banerjee dug out Sunday an undated picture of PM Modi seated and President Droupadi Murmu standing at an event, flagging it as “proof of who actually shows respect” while contesting his charge that TMC govt had “gravely insulted” the presidential chair with a protocol breach at Siliguri.“Why were you sitting when…
As the Middle East conflict continues to escalate, India is rerouting its crude supply chains to secure uninterrupted fuel imports. Indian refiners are securing additional crude oil from the United States, Russia, and West Africa to maintain adequate supplies if the Middle East conflict stretches on for long, industry officials and analysts said. Refineries that…
Stock market began the week in red with Nifty trading below 24,000 and Sensex tumbling over 2,000 points as the Middle East conflict continues to intensify. As of 9:27 am, NSE Nifty50 was trading 23,703.60, down 746.85 points or 3.05%. BSE Sensex plunged 2,415.69 points or 3.06% to trade at 76,503.21. This follows a weak…
(ANI photo) NEW DELHI: The Indian embassy in Riyadh on early Monday denied reports of any Indian deaths in an incident where an Iranian “military projectile” hit a residential building in Saudi Arabia’s Al Kharj amid crisis in the Middle East region. However, there was an injury reported to one Indian national.In a post on…
NEW DELHI: Air India announced on Sunday that it will operate 78 additional flights on nine international routes between March 10 and 18. The move aims to offer more travel options amid disruptions caused by the ongoing conflict in the Middle East.According to the airline, these flights will link Delhi with New York, London, Frankfurt,…
Oil futures surged above $110 a barrel Monday as escalating tensions in the Middle East rattled global markets, sending Asian stocks sharply lower, with all of the region’s markets opening deep in the red, even as bitcoin held steady near $67,000. West Texas Intermediate crude jumped roughly 17% in 24 hours. Japan’s Nikkei 225 fell…
PATNA: Outgoing Bihar CM and JD(U) president Nitish Kumar’s 50-year-old son Nishant Kumar, who had long stayed away from public life, entered active politics and joined the party Sunday after his father filed his Rajya Sabha nomination three days ago.Crowds of party workers thronged the JD(U) headquarters in Patna, welcoming Nishant with garlands and a…
Stranded UAE Workers: What Happens to Your Job and Salary Amidst Regional Instability? Thousands of residents across the United Arab Emirates have recently found themselves unexpectedly stranded outside the country due to flight disruptions, airspace closures and regional instability amid Iran vs US-Israel war. For many employees working in the UAE, the sudden inability to…
