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The United States is preparing unprecedented sanctions against Iran. These measures aim to increase economic pressure on Tehran significantly. Washington also seeks cooperation from China regarding Iranian oil trade. China rejects sanctions and advocates for diplomatic solutions to the conflict. The Strait of Hormuz remains a critical point in this ongoing dispute.
Bitcoin has surpassed $74,000, hitting 11-week high after US Treasury Department said that it would double the level of government debt buybacks. Details here.
The Enforcement Directorate conducted searches at multiple locations in Hyderabad and Kadapa. These searches are connected to a money-laundering probe stemming from a murder case. The investigation arises from the murder of former minister Y S Vivekananda Reddy. Premises linked to Y S Avinash Reddy and Y S Bhaskar Reddy were searched. This action follows…
Indian stock markets, Sensex and Nifty 50, are expected to open flat on August 21, amid mixed global cues. The recent recovery snapped a seven-day losing streak, with the Sensex closing positively at 77,537.72, while caution persists in the near-term outlook.
Dallas Cowboys owner Jerry Jones has confirmed that player fines will be enforced following a fight during joint practice. Linebacker Donovan Ezeiruaku faces a team fine due to his involvement, specifically for throwing a punch during the brawl. The NFL has also imposed a hefty financial penalty on both teams involved. The organization hopes Ezeiruaku…
Indian stock markets are set to open flat on 21 August, following mixed global cues. The Nifty 50 closed higher after breaking a seven-session losing streak, while oil prices surged amid US sanctions against Iran, raising concerns over energy supply disruptions.
The Boxing Federation of India recently conducted new trials to finalize its roster for the Asian Games. In a surprising turn, Sumit Kundu lost his spot in the 70kg category to reserve performer Deepak Punia. Meanwhile, selections for the 90kg and women’s 65kg categories remained unchanged. This decision came in light of recent performances at…
Luka Doncic has taken a larger leadership role with the Los Angeles Lakers after LeBron James left for the Philadelphia 76ers. Doncic organized a four-day minicamp in Slovenia for 14 teammates, reportedly paying at least $18,000 per hour for a Bombardier Global 8000 and covering an estimated $500,000 round trip. The Lakers are building around…
Happy Friday! We are excited to bring to you the 12th edition of The Economic Times Startup Awards (ETSA). A few days before our esteemed jury convenes to pick the winners, we reveal nominees for the most coveted categories: Startup of the Year and Midas Touch for the best investor.
A strange wooden log found beneath Zambia’s Kalambo Falls was dismissed for decades, then archaeologists dated it to 476,000 years ago