No ‘dry day’ in Delhi this Holi; liquor shops to remain open
New Delhi: Liquor shops across the national capital will remain open this Holi, with the Delhi government removing the festival from its list of notified ‘dry days’, a senior excise department official said on Tuesday, news agency. PTI reported. In an order issued in January this year, the excise department specified that only Republic Day,…
‘War outside’: Indian CEO’s flight turns back mid-air, leaves him stranded in Kuwait
A routine international business trip took an unexpected turn for an Indian entrepreneur after escalating tensions in the Middle East disrupted air travel across the Gulf. Sanjay Varnwal, CEO and co-founder of Spyne, found himself stranded in Kuwait after his connecting flight to New York was forced to return mid-air due to sudden airspace closures…
Drone strike near US Consulate in Dubai | watch video
A drone attack caused a fire near the US Consulate in Dubai on Tuesday (March 3), according to a government statement, amid escalating regional tensions following US-Israeli strikes on Iran. The incident came a day after the US Embassy in Riyadh was hit by an Iranian strike, further intensifying security concerns across the Gulf. The…
US dollar firms on renewed inflation risks; market pares back rate-cut outlook
By Gertrude Chavez-Dreyfuss and Niket Nishant NEW YORK/LONDON, – The US dollar logged sharp gains on Tuesday, hitting multi-month peaks against the euro, sterling and yen as tensions in the Middle East fueled expectations of prolonged global inflation and triggered broad demand for safe‑haven assets. But as US equities cut their losses in the afternoon…
Quote of the day by Peter Lynch: ‘Far more money has been lost by investors trying to…’
“Far more money has been lost by investors trying to anticipate corrections than lost in the corrections themselves.” This insightful statement by legendary investor Peter Lynch, reportedly mentioned in his book Learn to Earn, reflects the idea that trying to predict market corrections often leads to bigger losses than simply staying invested. Lynch, former manager…
Global Risks Renew Dollar Demand in the Currency Swaps Market
A measure of demand in the $9.5-trillion-a-day foreign-exchange market is signaling renewed appetite for US dollar funding as a spiraling war in the Middle East slams global risk appetite. Measures of the so-called cross-currency basis — the extra cost investors pay or receive when sourcing dollars overseas instead of the US — show a surge…
Happy Holi captions, wishes, images to share with your loved ones
The much-anticipated festival of colours, Holi, is here. Celebrated as one of the most important festivals in India, Holi marks the arrival of spring and the triumph of good over evil. This year, Holi will be celebrated on March 4, which is a Wednesday. On this day, all the differences dissolve as communities come together…
Talking to ‘kings and princesses’: Kashmir MP Ruhullah Mehdi slams PM’s Middle East outreach, seeks engagement with Iran
National Conference (NC) Member of Parliament (MP) Aga Syed Ruhullah Mehdi on Tuesday launched a sharp attack on Prime Minister Narendra Modi for allegedly ignoring Iran while engaging with Gulf monarchies hosting American military bases during the ongoing military escalation in West Asia. Mehdi, the Lok Sabha MP from Srinagar, lamented that while the efforts…
Bitcoin Pulls Back as Risk of Prolonged War Weighs on Crypto
Bitcoin edged lower, surrendering a short-lived rally past $70,000, as a broader selloff in risk assets deepened amid mounting fears that the Iran war will continue to escalate. The original cryptocurrency fell more than 4.5% to $66,171 and was trading around $68,800 in afternoon New York trading. Stocks and bonds declined on Tuesday as a…
Hillary Clinton vs Nancy Mace: Explosive on-camera showdown during Epstein deposition
Former US Secretary of State Hillary Clinton repeatedly told lawmakers she did not recall ever meeting disgraced financier Jeffrey Epstein during hours of questioning before the House Oversight Committee. Her closed-door deposition in Chappaqua, New York, was briefly halted after Republican Rep. Lauren Boebert sent a photo from the session to a conservative influencer, who…
