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Iran has introduced its highest-value banknote yet — a 10 million rial note — as war and economic turmoil push the country’s financial system to the brink. According to Financial Times reporting, the new note, worth roughly $7, has already begun circulating through banks as long queues form outside cash machines, with many running dry…
US President Donald Trump on Friday suggested ‘winding down’ US military operations in the Middle East as he listed the ‘5 objectives’ that Washington is nearing to achieve in its war in the Middle East, ruling out the possibility of a ceasefire. The announcement comes as Iran’s new Supreme Leader Mojtaba Khamenei claimed victory over…
Iran’s Foreign Minister Seyed Abbas Araghchi (File photo) Iran’s Foreign Minister Seyed Abbas Araghchi on Friday criticised the United States’ communication regarding the ongoing regional conflict, comparing Washington’s messaging to the discredited briefings of the Vietnam War era.In a post on X, Araghchi said, “Americans haven’t forgotten how, even as hundreds of US soldiers were…
US stocks edged lower in early trade on Friday, putting Wall Street on course for a fourth consecutive weekly loss, although a modest easing in oil prices helped stabilise broader global markets, according to an AP report.The S&P 500 declined 0.5% in morning deals and was headed toward its longest losing streak in a year….
US President Donald Trump escalated his rhetoric against Nato allies on Friday, labeling them as “cowards” for their refusal to join the US-led military campaign against Iran. In a scathing Truth Social post, Trump dismissed the alliance as a “PAPER TIGER” without American support, criticising members for complaining about high oil prices while refusing to…
Years ago it was the Covid pandemic, then Russia–Ukraine conflict, then came Trump’s tariffs and now the world is witnessing a raging crisis in the Middle East. Different timelines, different circumstances but each time, the impact lands closer home. In the first week of the raging conflict with Iran, the US spent $11.3 billion. But…
Gold price prediction today (AI image) Gold price prediction today: Gold prices are range-bound and highly volatile in the current scenario, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near ₹1,46,900 after witnessing a sharp decline followed by a recovery bounce. The price action indicates consolidation…
RSS chief Mohan Bhagwat (File photo) NEW DELHI: RSS chief Mohan Bhagwat on Friday said that “India can bring an end to the ongoing war” amid the escalating conflict in the Middle East.Speaking at a gathering in Nagpur, Bhagwat said that voices from different countries are recognising India’s role in promoting peace.“Several countries saying only…
Asian markets showed a mixed performance on Friday, following modest losses on Wall Street and a retreat in oil prices after a sharp spike triggered by escalating Iran-Israel tensions.Oil had a volatile session on Thursday, with Brent crude briefly hitting $119 per barrel after Iranian attacks on Gulf energy facilities followed Israel’s strike on a…
India has condemned attacks on commercial shipping in the Strait of Hormuz, calling them “unacceptable,” as the International Maritime Organization (IMO) urged coordinated action to safeguard civilian vessels in the Gulf region.Addressing the 36th extraordinary session of the IMO Council in London on Thursday, Vikram Doraiswamy, India’s ambassador to the UK, emphasised New Delhi’s commitment…
