‘Strait of Hormuz will stay closed to pressure enemies’, says Khamenei amid global fuel crisis

[ad_1] In his first public message since taking over as Iran’s supreme leader, Mojtaba Khamenei struck a defiant tone on Thursday, making it apparent that Tehran will continue targeting US interests in the Gulf and could keep the Strait of Hormuz closed as “leverage” in the escalating conflict.The message was delivered by a news anchor […]

Stock market today: Nifty50 rises above 24,600; BSE Sensex up over 500 points on global market cues

[ad_1] Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex staged a comeback on Thursday after deep cuts in its last two trading sessions. While Nifty50 rose above 24,600, BSE Sensex was up over 500 points. At 9:17 AM, Nifty50 was trading at 24,642.30, up 162 points or 0.66%. BSE Sensex was […]

Rupee hit by Middle East crisis: Currency falls to new low of 92.18 against US Dollar

[ad_1] Rupee tumbled 69 paise on Wednesday, sliding to hit a record low of 92.18 against the US dollar amid surging oil prices and a pullback from riskier assets. Analysts have cautioned that the currency could remain under strain until tensions in the Middle East subside.Ongoing tensions in the Middle East have sent shockwaves through […]

As oil prices fall can Gulf big spenders keep Trump pledges?

[ad_1] Representative image (AP) Almost every month, there’s another announcement about how various Gulf states will spend mind-blowing sums of money, hundreds of billions of dollars, if not trillions, in deals made with the new Trump administration in the US.In January, Saudi Arabia said it would broaden investments into, and trade with, the US to […]

From ‘no inflation’ to ‘don’t be a Panican’, Trump defends tariffs on social media amid market turmoil

[ad_1] The “Wall Street mayhem” also led to a “Trump meltdown” on Monday after the US President justified “the tough days ahead” by reiterating his belief in the shock therapy through back-to-back social media posts.At 6:49 am on Monday, Trump took to his Truth Social and declared that there is “no inflation” in the US, […]