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CHENNAI: Tamil Nadu chief minister C Joseph Vijay on Tuesday directed authorities to shut down 717 TASMAC liquor outlets located within 500 metres of places of worship, educational institutions and bus stands across the state within the next two weeks.According to the state government, the Tamil Nadu State Marketing Corporation (TASMAC) currently runs 4,765 retail…
Wars and geopolitical conflicts often have unexpected impacts for economies. Countries are struggling with tight energy supplies and companies in the Gulf are forced to rethink their production volumes. The key question is, what impact will the Middle East conflict have on Indian companies?While most Indian retailers are facing losses amid supply concerns, the Iran…
Stock market today (AI image) Stock market today: Sensex and Nifty opened in red on Monday on weak global cues as the closure of Strait of Hormuz led to an increase in oil prices. While Nifty50 went below 24,300, BSE Sensex dropped over 200 points. At 9:16 AM, Nifty50 was trading at 24,290.00, down 64…
‘No force can reopen it’: Houthis threaten Bab al-Mandeb closure after Iran shuts Hormuz Yemen’s Houthi administration has warned that the strategic Bab al-Mandeb Strait could be shut if US President Donald Trump and what it called the “complicit world” do not end “all practices and policies that obstruct peace,” as tensions escalate around multiple…
US President Donald Trump Iran on Sunday strongly hit back at US President Donald Trump over his expletive-laden ‘Tuesday threat’, stating that his ‘reckless moves’ are dragging Washington towards a ‘living hell’.The sharp response comes as Tehran accused Trump of escalating tensions and pushing the region towards dangerous instability as the conflict in West Asia…
Is there an end in sight to the chaos in the Middle East? Iran has set a high bar for a possible ceasefire with the United States, as tensions have been escalating since February 28. The ongoing military exchanges between the US-Israel coalition and Iran have created a constantly evolving situation. Meanwhile, apart from Tehran’s…
SRINAGAR\JAMMU: J&K chief minister Omar Abdullah expressed grave concern Saturday over Eid prayers being blocked at Srinagar’s historic Jamia Mosque, terming it “regrettable” and questioning LG Manoj Sinha-led administration’s claims of “normality” in the Union territory.“Across J&K, Eid prayers were offered. But prayers were not allowed at Jamia Mosque. It exposes the administration that controls…
More than 20 countries on Saturday expressed readiness to help ensure safe passage through the Strait of Hormuz, condemning Iran’s closure of the strategic route.The UAE ministry of foreign affairs released a joint statement signed by the leaders of the UAE, the UK, France, Germany, Italy, the Netherlands, Japan, Canada, the Republic of Korea, New…
In a recent update coming from the United Arab Emirates, air traffic operations across the UAE have returned to normal after a temporary shutdown by authorities amid escalating regional tensions. The update was confirmed by UAE General Civil Aviation Authority (GCAA) on their X handle. It reads, “Air traffic operations return to normal across UAE…
The Trump administration significantly underestimated the possibility that Iran would move to close the Strait of Hormuz in response to US military strikes, leaving Washington scrambling to manage the economic fallout as the conflict disrupts one of the world’s most critical energy routes, according to sources cited by CNN.Officials familiar with internal discussions said the…
