LPG crisis: Panic bookings by domestic consumers, server crash trigger chaos

Anxiety over LPG shortage has spilled over to the domestic sector, fuelling panic bookings of cooking gas cylinders, while server glitches in the IVRS and other online booking systems are prompting people to queue up outside distribution agencies, compounding the chaos and fraying the nerves of consumers as well as suppliers across the country.Despite govt’s…

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Middle East news: HSBC makes bold GCC prediction as Iran vs US-Israel war rattles markets and oil prices surge

War, Oil, Markets: HSBC’s Bold Bet on the Gulf Amid Iran vs US-Israel Crisis Even as geopolitical tensions escalate across the Middle East, global banking giant HSBC has publicly reaffirmed its confidence in the long-term economic strength of the Gulf Cooperation Council (GCC) economies, signalling that international financial institutions are not retreating from the region…

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Crypto trader loses nearly all of $50 million in one botched DeFi transaction

A crypto user lost roughly $50 million in a single transaction on Thursday after executing a large token swap that triggered massive slippage. Blockchain data shows that the wallet attempted to swap $50,432,688 aEthUSDT – an interest-bearing token representing Tether’s USDT stablecoin deposited into the Aave decentralized lending protocol on the Ethereum network – for…

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India co-sponsors GCC-led UNSC resolution against Iran | India News

NEW DELHI: India co-sponsored a resolution in UN Security Council that condemned the “egregious” attacks by Iran against Gulf Cooperation Council countries and Jordan and demanded immediate cessation of all attacks by Tehran while denouncing its threats of closure of the Strait of Hormuz.The 15-nation Security Council, currently under the presidency of the US, adopted…

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