Bitcoin down: Bitcoin slumped 7.9 percent to $61,842 at 21:00 GMT on April 13 after news of Iran’s retaliatory drone strikes on Israel broke out, Reuters reported. The world’s largest cryptocurrency by market capitalisation, lost $5,308 from its previous close last evening. It pared some losses by the morning ofRead More →
Jerusalem: Iran today fired armed drones and missiles against Israel, marking a new volatile phase of the Middle East conflict. The attack, in retaliation for a strike in Syria that killed top Iranian military officers, was the first time Iran has struck Israel from its soil. In a statement, IranRead More →
Iran’s Revolutionary Guards on Saturday seized a container ship “related to the Zionist regime (Israel) in the Gulf,” state media reported, as tensions soar in the region. Iran will suffer the “consequences” of escalating the conflict in the region, Israel’s army warned Saturday, after Iran announced it had seized theRead More →
Oil prices settled higher in the previous session as geopolitical tensions in the Middle East more than offset a forecast from the International Energy Agency (IEA) for slowing demand. The growing risk of a wider conflict in the Middle East supported crude prices. Brent crude futures settled up 61 cents,Read More →
Oil prices edged lower on Tuesday, January 16, as investors weighed the impact of tensions in the Middle East against a stronger dollar and cooled expectations of US interest rate cuts. An escalating shipping crisis in the Red Sea and Iranian missile strikes on targets in Syria and Iraq addedRead More →
Pentagon Chief, however, said that additional US troops are not going to Israel. Washington: Amid the ongoing conflict between Israel and Hamas, the United States is sending additional troops to the US Central Command region, which covers the Middle East and parts of Africa, Pentagon press secretary Brigadier General PatrickRead More →
As the tensions escalated in the Middle East after Hamas’ surprise attack on Israel over the weekend, crude oil prices climbed on worries of a broader conflict. Investors across the global markets have started shunning riskier assets like stocks and started investing into gold, bonds and the US dollar. OilRead More →
Water scarcity jeopardises people’s lives, jobs, food, and energy security. Water scarcity is a worldwide concern that is currently impacting numerous regions across the globe. The combination of factors such as population growth, urbanisation, industrialization, climate change, and inefficient water management practices has contributed to the widespread problem of waterRead More →
On Monday, Larsen & Toubro (L&T) announced that it has received “significant” orders for its power transmission and distribution business in India and internationally totaling between ₹1000 crore and ₹2500 crore. On YTD basis the shares of Larsen & Toubro soared by 13.67% and in the last year the stockRead More →
