In a stunning turn of events, the global precious metals market witnessed a staggering $2 trillion wipeout, a rare occurrence that has rattled financial markets. This unprecedented crash occurred in just hours, disrupting the long-held belief that metals like gold and silver serve as ultimate safe-havens, especially during times of crisis. What makes this even more perplexing is that the meltdown happened amid an escalating war, with oil prices still elevated and investors seeking refuge in c

A new chapter in Karnataka's ongoing power struggle unfolded when Pranavananda Swamiji, a prominent seer, made claims regarding the state budget. The Swamiji alleged that mutts, or Hindu monasteries, that had supported Deputy Chief Minister DK Shivakumar’s bid to take over as the state’s chief minister were deliberately sidelined in the budget presented by Chief Minister Siddaramaiah. According to the seer, not a single rupee was allocated to these mutts, despite their vocal backing of Sh

The United Kingdom has approved an expanded role for United States forces to use British bases for defensive operations targeting Iranian-linked threats in the Strait of Hormuz, according to official statements following a ministerial meeting on Friday. The decision comes amid rising tensions in the Gulf region, where attacks on commercial shipping and critical infrastructure have raised concerns about global maritime security and economic stability. Previously, London had permitted US force

​US President Donald Trump on Friday said the United States was “doing extremely well in Iran,” making a series of sweeping claims about the country’s military capabilities during a ceremony at the White House. Speaking while presenting the Commander-in-Chief’s Trophy, Trump asserted that Iran’s naval forces had effectively been neutralised, stating that the country now has “no navy anymo

The Trump administration has filed a major lawsuit against Harvard University, alleging violations of civil rights protections for Jewish and Israeli students and faculty. The case, submitted by the Department of Justice in a federal district court in Boston on March 20, 2026, accuses the university of failing to address what officials describe as widespread antisemitism and discriminatory practices on campus. According to the complaint, Harvard is alleged to have ignored repeated incidents

US President Donald Trump on Friday sharply criticized NATO allies, accusing them of failing to support Washington and Israel during the ongoing conflict with Iran, while also expressing frustration over their stance on rising oil prices. His remarks highlight growing tensions between the United States and its traditional partners amid escalating instability in the Middle East. In a social media post, Trump described NATO as ineffective without US leadership, calling the alliance a “paper

A major escalation in regional tensions unfolded on Wednesday after Iran’s South Pars gas field was struck, marking the first reported attack on the country’s Gulf energy infrastructure amid the ongoing U.S.-Israel conflict. The incident prompted Tehran to issue a strong warning, stating it would retaliate by targeting oil and gas installations across the Gulf region, raising fears of a broader confrontation affecting global energy security. The strike had an immediate impact on internat

Iranian President Masoud Pezeshkian has confirmed the death of Intelligence Minister Esmail Khatib following an Israeli airstrike in Tehran, describing the incident as a “cowardly assassination” that has intensified tensions in an already volatile Middle East conflict. The confirmation came on Wednesday,

In the midst of the ongoing war, Iran has continued to export millions of barrels of oil, with about 90 ships, including oil tankers, crossing the critical Strait of Hormuz between March 1 and 15, 2026. Despite the waterway being effectively "closed" to most traffic due to the conflict, Iran has managed to keep its oil exports flowing, benefitting from its control over this vital chokepoint. According to maritime traffic data from Lloyd's List Intelligence, Iran has relied on a mix

Iran has vowed to continue its fight against the United States and Israel following the killing of Ali Larijani, one of Iran's most influential political figures, in an Israeli airstrike. Iranian foreign minister Syed Abbas Araghchi made a bold statement, declaring that Iran’s political and economic structure would remain intact despite the loss of Larijani, the head of the Supreme National Security Council, who was killed alongside his family members and bodyguards near Tehran. I

AIADMK MP C Ve Shanmugam has sparked a major controversy with his misogynistic comment on popular actor Nayanthara while criticizing Tamil Nadu Chief Minister MK Stalin’s “tell us your dream” initiative, which is part of the government's outreach campaign ahead of the 2026 Tamil Nadu elections. The initiative involves volunteers visiting homes to gather feedback and suggestions on governance. Shanmugam, a former minister, took a dig at the scheme during statewide protests orga

As Ramadan comes to a close in 2026, Muslims across the globe eagerly await the celebration of Eid ul-Fitr, marking the end of a month of fasting and spiritual reflection. The exact date of Eid, however, depends on the sighting of the crescent moon, making it a topic of great anticipation. Eid ul-Fitr, which marks the beginning of Shawwal, the 10th month of the Islamic calendar, is celebrated based on lunar cycles. This means that the date of Eid can vary from country to country, depending on

A major fire broke out in a high-rise building in Midtown Manhattan on Tuesday morning, sending thick plumes of black smoke across the New York skyline just hours before the city’s St Patrick’s Day parade. Authorities said the incident began shortly before 10 am near East 43rd Street and Madison Avenue, a busy area close to Grand Central Terminal. Emergency crews from the Fire Department of New York responded swiftly, dispatching multiple fire engines and ladder companies to the scene. D

Indian Prime Minister Narendra Modi held a telephone conversation on Tuesday with Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, as tensions continue to escalate across the West Asian region. The discussion focused on regional stability, recent developments in the Middle East crisis, and the importance of safeguarding critical global energy routes. During the call, both leaders underscored the need to ensure safe and uninterrupted navigation through the Strait of

India has sharply criticised Pakistan at the United Nations, accusing it of repeatedly fabricating narratives around Islamophobia to target neighbouring countries while diverting attention from its own domestic and regional record. The remarks were made during a session of the UN General Assembly marking the International Day to Combat Islamophobia, where India’s Permanent Representative Parvathaneni Harish delivered a firm and direct response to Pakistan’s allegations. Addressing

Europe’s financial markets are facing a critical moment and must urgently reform to remain competitive in a rapidly shifting global investment landscape, according to the head of the world’s largest sovereign wealth fund. Nicolai Tangen, chief executive of Norges Bank Investment Management, which oversees Norway’s $2 trillion wealth fund, has issued a stark warning that Europe risks falling further behind unless it addresses long-standing structural issues in its capital markets. Speaking

The conflict in West Asia has entered its third week, with hostilities intensifying across multiple fronts and raising concerns about a broader regional escalation. Israeli President Isaac Herzog called on European nations to support Israel’s ongoing campaign against Hezbollah, as Israeli forces continued ground operations in southern Lebanon. The situation in Lebanon deteriorated further after Hezbollah launched attacks on Israel earlier this month, following the reported killing of Iran’s