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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…
In the ongoing Iran war, the United States and Israel have together lost more than two dozen aircraft along with several high-value military systems, including advanced radar networks and key assets, as Iran’s strikes begin to mount both operational and reputational costs for Washington.In just 21 days of conflict, Iran is assessed to have shot…
Equity markets across Asia declined on Thursday, tracking losses on Wall Street after a sharp rise in oil prices above $112 per barrel and renewed concerns over inflation and interest rates dampened investor sentiment. In early trading Tokyo’s Nikkei 225 dropped 2.5% to 53,875.94, while South Korea’s Kospi fell 1.3% to 5,845.62. Hong Kong’s Hang…
Six months post Zubeen Garg’s tragic passing, his wife has disclosed his longstanding dread of time, possibly exacerbated by his recent emotional struggles. Once classified as an accidental death in Singapore, the case is now stirring controversy as an SIT investigates it as a potential homicide, fueled by the Chief Minister’s suspicions. The search for…
As the 2026 Oscars approach, an extended ‘In Memoriam’ segment promises to capture the hearts of viewers, reflecting on a year that has seen the industry bid farewell to many beloved figures. With careful curation, producers aim to honor this emotional legacy, recognizing the strong ties between audiences and cinematic icons. The 2026 Oscars will…
Hyderabad: India’s pharmaceutical sector is staring at potential losses of Rs 2,500– Rs 5,000 crore if March exports to the Gulf Cooperation Council (GCC) and the wider West Asia and North Africa (WANA) are completely disrupted by the ongoing West Asia conflict, which is intensifying pressure on freight, shipping routes, and delivery schedules, according to…
The United States has clarified its objectives in the ongoing military operations against Iran, stressing that the campaign is not a nation-building effort like the Iraq war, and warning that more US casualties should be anticipated.Speaking at a Pentagon briefing on Monday, US defense secretary Pete Hegseth said, operations in Iran are not Iraq and…
Daltonganj: The Medininagar forest division in the district has placed a compensation demand of Rs 38.59 lakh before the regional chief conservator of forests for damage and destruction of crops and houses by wildlife during 2025-26, DFO Satyam Kumar said.“Farmers are expected to make claims for genuine compensation. Any excess claim for crop loss will…
BENGALURU: Uber’s India business posted total sales of Rs 3,849.2 crore in FY25, up 2.3% y-o-y, reflecting a sharp slowdown in growth even as losses widened significantly, according to consolidated financials accessed via Tofler.Operating loss surged to Rs 1,052.3 crore from Rs 84.8 crore in FY24, with operating margin deteriorating to -27.3% from -2.2%. Net…
Federal Reserve governor Lisa Cook on Tuesday (local time) cautioned that artificial intelligence is beginning to reshape the US labour market in ways that could further push unemployment rates higher and limit how effectively the central bank can respond with interest rate cuts.Speaking in remarks for a national association for business economics conference, Cook said,…
