The Indian government has raised the import duties on gold and silver sharply, setting the new rates at 15% from the previous 6%. This move comes just days after Prime Minister Narendra Modi urged the public to avoid purchasing gold for the next year, in response to the growing economic strain caused by the Iran war and the pressure on India's foreign exchange reserves. The government's decision involves a 10% basic customs duty along with an additional 5% Agriculture Infrastructure

Iraq and Pakistan Secure Oil and Gas Transport Deals Amid the ongoing conflict in the Middle East, Iraq and Pakistan have reached separate agreements with Iran to allow the transport of oil and liquefied natural gas (LNG) through the critical Strait of Hormuz. According to multiple sources, these agreements reflect Iran’s growing control over one of the world’s most important energy corridors, a situation that has intensified due to the ongoing

Tiger Woods’ DUI case moved into a new phase after a Florida judge approved prosecutors’ request to access the golf star’s prescription medication records linked to a March crash investigation. The ruling, issued in Martin County on Tuesday, May 12, 2026, allows investigators to obtain records from a Palm Beach pharmacy covering prescriptions filled between January and March 2026. Prosecutors said the records could help determine whether medication played a role in the crash i

The United States’ global perception has seen a dramatic shift in recent years, with a new survey revealing that more people worldwide now view China and Russia more positively than the U.S. The annual survey, conducted by the Alliance of Democracies Foundation, polled over 94,000 people in 85 countries. This year’s results underline the growing dissatisfaction with U.S. foreign policy, with 82 of the surveyed countries holding negative views of America. One of the key themes hi

On May 7, President Donald Trump claimed that U.S. forces successfully destroyed Iranian attackers targeting three U.S. Navy destroyers as they transited the Strait of Hormuz. Trump, in a post on Truth Social, reported that the American destroyers were under fire but sustained no damage. He further stated that the Iranian attackers, along with several small boats used by the attackers, were completely destroyed. According to Trump, Iranian missiles fired at the U.S. destroyers were easi

China Hands Suspended Death Sentences to Former Defence Ministers China has sentenced former defence ministers Wei Fenghe and Li Shangfu to death with a two-year reprieve in a major PLA corruption case, state media reported Thursday. The ruling marks one of the harshest punishments against senior Chinese military figures in years and signals that President Xi Jinping’s anti-graft campaign

Micron Options Volume Explodes as AI Chip Rally Heats Up Micron options volume surged Tuesday as traders piled into semiconductor stocks, betting the AI chip rally still has room to run despite stretched valuations and rising volatility. By midday Chicago time, options tied to Micron Technology had drawn more than $2.8 billion in premium activity, outpacing major index ETF flows and putting MU stock at the center of Wall Street’s latest AI trade.

The White House says aligning U.S. drug prices with global rates may slash costs—but experts remain divided. What the $529 Billion Savings Really Means According to White House economists, Trump’s drug pricing strategy—often called the “most favored nation” model—could reduce prescription drug costs by up to $529 billion over 10 years. The idea is simple: Americans s

Ohio Puppy Mills 2026: Has the Situation Improved? Ohio’s ranking in the 2026 puppy mill report has dropped—but animal welfare concerns remain serious. Eight breeders in the state are still flagged for repeated violations, according to officials. What the 2026 “Horrible Hundred” Report Reveals The annual report by Humane World for Animals ide

Apple’s stock may have remained largely flat over the past six months, but activity in the options market suggests traders are anticipating significant movement following its latest earnings report. Implied volatility points to a potential 3.5% swing in either direction, notably higher than the average 1.8% move seen after the company’s previous four quarterly earnings announcements. Options pricing reflects heightened expectations The increase in im

Israel’s president has begun a formal process to consider a potential pardon for Benjamin Netanyahu, holding initial talks with legal teams as the country watches a politically sensitive case unfold. Netanyahu pardon process begins amid high-stakes legal tensions as Isaac Herzog has formally launched discussions on whether to grant clemency to

A statewide hartal called in Kerala on April 28, 2026, has significantly disrupted daily life, with public transport services coming to a near standstill and thousands of commuters stranded across the state. The protest was triggered by the death of Nithin Raj, which has sparked widespread outrage and led to demonstrations in multiple districts. According to reports, private buses, taxis, and auto-rickshaws largely stayed off the roads as protestors enforced the hartal. Shops, comme

Benjamin Netanyahu faced another delay in his ongoing criminal trial after a scheduled court hearing was abruptly canceled less than two hours before proceedings were set to begin. The cancellation was requested by his attorney, Amit Hadad, who cited the prime minister’s “security schedule” as the reason. No further details were publicly disclosed, with the defense indicating that additional i

What caused Singapore flight cancellations? Operational disruptions affect global routes as multiple departures from Singapore’s Changi Airport were canceled, impacting both regional and long-haul travel. The disruptions affected flights bound for Kunming, San Francisco, Vancouver, and Bahrain, underscoring operational challenges at one of Asia’s busiest aviation hubs. Airlines and routes affected across Asia, North America, and the Middle East Airli

A newly announced policy introducing tariffs on certain imported pharmaceuticals could gradually increase prescription drug costs for patients across the United States. The measure applies primarily to brand-name medications that remain under patent, along with some of their active ingredients, with tariff rates potentially reaching up to 100 percent depending on compliance with pricing or domestic production conditions. While generic medications and biosimilars are currently exclud

India has evacuated more than 1.1 million people from West Asia as regional tensions and airspace restrictions continue to disrupt commercial travel, officials said during a government briefing in New Delhi. The large-scale movement has been carried out through sustained flight operations from multiple countries, with authorities relying on alternate routes where airspace remains accessible. Officials said that since February 28, approximately 1,130,000 passengers have traveled fro

The rise of AI-powered digital twins is no longer just a tech trend—it’s quickly turning into a digital twin job loss crisis that could reshape how millions of people work. Companies are building AI versions of employees that can think, respond, and make decisions like humans. While this promises efficiency, it also raises a serious concern: are workers unknowingly training their own replacements? How Digital Twins Are Replacing Human Roles

A nationwide recall has been issued for a specific lot of the widely prescribed anxiety medication Xanax after federal regulators identified a potential quality issue that could affect how the drug performs in patients. According to the U.S. Food and Drug Administration, pharmaceutical company Viatris initiated a voluntary recall on Monday, March 17, 2025. The recall involves one lot of extended-release tablets that failed to meet required dissolution specifications, a standa

Europe’s airline industry is facing the risk of a widespread jet fuel shortage within weeks as disruptions in the Strait of Hormuz continue to strain global oil supply chains, according to energy analysts and aviation experts. The situation has intensified following escalating tensions involving the United States, Iran, and Israel, raising concerns about significant flight reductions across the region during the upcoming peak travel season. Claudio Galimberti, chief economist at

In the wake of a failed peace negotiation between the United States and Iran in Pakistan, US President Donald Trump announced a blockade on the Strait of Hormuz, which would come into effect at 10 AM on 13th April 2026. Speaking outside Air Force One, Trump stated that Iran is in a "very bad shape," emphasizing that the United States had a superior understanding of the situation. Despite the 21-hour long talks between the two nations, no agreement was reached, particularly on the issue of Ira