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Air India to cut nearly 100 domestic and international flights amid rising ATF prices and Middle East conflict

Air India is set to cut down almost 100 of its domestic and international flights till July as rising jet fuel prices and airspace restrictions make several overseas routes too expensive to run, deepening the crisis for the already loss-making airline. Air India CEO and managing director Campbell Wilson told employees on Friday that the…

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Middle east crisis: How Hezbollah’s low-cost drones are reshaping the battlefield as Israel scrambles to adapt

Cheap fibre-optic drones deployed by Hezbollah are posing new operational challenges for Israeli troops in southern Lebanon, prompting the military to adjust its tactics in response to an increasingly lethal threat.The devices are small, inexpensive and widely available, resembling “children’s toys”, said Orna Mizrahi, a senior researcher at the Institute for National Security Studies.The military…

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‘Treasonous’: Trump hits critics, warns Iran threat could have destroyed Europe, Middle East

US President Donald Trump delivered a wide-ranging and combative speech in Florida on Friday defending his foreign policy, and lashing out at domestic critics. Speaking at events in West Palm Beach and The Villages, Trump framed the ongoing conflict with Iran as a decisive and necessary intervention, while warning of catastrophic consequences had Tehran succeeded…

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‘Never seen anything like this before’: Iran damaged 16 US bases across 8 Middle East nations, says report

Image used for representative purposes Iran has reportedly destroyed majority of the US military sites in the Middle East amid the ongoing conflict that started February 28, when Washington launched series of strikes jointly with Tel Aviv on Tehran. According to CNN, citing its own investigations, Iran and its allies have damaged at least 16…

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Middle East conflict drags on: Is Iran’s economy approaching breaking point? What analysts are saying

Weeks of conflict have worsened Iran’s economic pressures, deepening strain on its financial system even as the Islamic Republic continues to function under a standoff in the Gulf following a truce and ongoing maritime restrictions.The situation has left Iran in a stalemate with the United States and Israel, with ceasefire talks stalled while key Gulf…

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India can absorb global shocks, emerge stronger: CEA Nageswaran backs economy’s resilience amid Middle East crisis

Chief Economic Adviser V Anantha Nageswaran on Thursday said the Indian economy is well placed to withstand external disruptions and emerge stronger, asserting that the country’s macroeconomic strength built in recent years provides a cushion against global uncertainty.Speaking to ANI, Nageswaran said India had sustained growth of over 7 per cent before the recent geopolitical…

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Was Jeffrey Epstein building a ‘mosque’ on his private island? Records show rare Islamic artefacts brought from Middle East

Jeffrey Epstein (AP image) Disgraced financier Jeffrey Epstein has spent years in building connections across the Middle East while also acquiring rare Islamic artefacts for an unusual building on his private Caribbean island. According to The New York Times, this was revealed in the millions of pages released US Justice Department in January this year….

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Jerome Powell-led US Federal Reserve keeps interest rates unchanged; cites Middle East conflict uncertainty, rising energy prices

Jerome Powell (AP file photo) US Fed Federal Open Market Committee (FOMC) meet: Jerome Powell-led US Federal Reserve on Wednesday kept the interest rates unchanged in the 3.5-3.75% range citing upside risks to inflation in view of the rising global energy prices.“Developments in the Middle East are contributing to a high level of uncertainty about…

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