Global airlines have suffered their worst financial shock since the COVID‑19 pandemic as the ongoing war involving US Israel and Iran has disrupted industry operations, wiping more than $50 billion off the market value of the world’s largest carriers amid rising fears of fuel shortages.The conflict, now entering its fourth week, has grounded flights, disrupted…
India has launched an anti-dumping investigation into imports of ethyl chloroformate from China after domestic producer Paushak alleged that the chemical was being sold in the Indian market at unfairly low prices, hurting local industry. DGTR begins probe after complaint by Paushak As per Reuters, the Directorate General of Trade Remedies (DGTR), which functions under…
The Iran war has entered its fourth week and global oil markets are showing a clear split with actual fuel supply prices are rising much faster than widely tracked oil futures. Brent crude, the global benchmark, has jumped over 50% to around $112 a barrel following the near-complete closure of the Strait of Hormuz and…
Actor Sivakarthikeyan has strongly condemned the leak of Thalapathy Vijay’s ‘Jana Nayagan’, urging for strict action against those responsible. He appealed to the public to respect cinema and avoid piracy, emphasizing the hard work of hundreds involved in filmmaking. This incident highlights the ongoing challenges of security and piracy faced by the film industry. The…
Jerome Powell (AP file photo) US Federal Reserve policy: Jerome Powell-led Federal Open Market Committee (FOMC) on Wednesday kept interest rates unchanged within the 3.50%-3.75% band. “In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 3‑1/2 to 3‑3/4 percent. In considering the extent and timing…
Jasmine Sandlas has been in the news for her striking songs in ‘Dhurandhar’ and ‘Dhurandhar: The Revenge’, but beyond the music. Amidst all the love she’s getting and as she’s sharing her experience on the film, Jasmine has also opened up on her personal life. In a recent interview, she spoke about her battle with…
On the sidelines of the IMF and World Bank spring meetings, Finance Minister Muhammad Aurangzeb said Pakistan remains capable of meeting its debt obligations. (AI image) With its finances severely strained, Pakistan is scrambling for options to replace the $3.5 billion facility from the United Arab Emirates and stabilise its foreign exchange reserves. The country…
Rashmika Mandanna rang in her 30th birthday on April 5 in a deeply personal way, celebrating the special day with husband Vijay Deverakonda and her family. Making her first birthday after marriage even more memorable, the actor chose to return to her roots in Coorg. From visiting a temple she grew up going to, to…
Global crude markets are strained as Middle East conflict escalates, pushing oil prices up and impacting fuel supplies worldwide. Countries like India, Nepal, Bhutan, Pakistan, Sri Lanka, Myanmar, and Bangladesh are implementing measures such as price adjustments, import increases, and conservation efforts to manage the crisis. A month into the Middle East conflict, global crude…
JSW MG Motor India has taken a step towards expanding its SUV portfolio, with a design patent for the Starlight 560 filed in the country. The model, which is already sold internationally under the Wuling brand, is expected to arrive in India as a three-row SUV and could take on rivals like the Mahindra XUV…