Stock markets tumble in early trade amid worsening tensions in Middle East

Stock markets tumble in early trade amid worsening tensions in Middle East

A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: AP Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday (June 23, 2025) amid heightened tensions in the Middle East after the US bombed three major nuclear sites in Iran. The 30-share BSE Sensex tumbled 705.65 points to 81,702.52 in […]

Continue Reading
We asked ChatGPT to analyse a satellite image of Iran’s Fordow nuclear facility. Here’s what it said

We asked ChatGPT to analyse a satellite image of Iran’s Fordow nuclear facility. Here’s what it said

Amid the escalating tensions between Iran and Israel, the United States military early Sunday struck three nuclear sites in Iran — Fordow, Natanz, and Isfahan, with US President Donald Trump warning the Islamic nation that they would target additional sites if peace was not achieved. The strikes come after a week of Israeli strikes on […]

Continue Reading
Iran-Israel War: India ramps up oil imports from Russia, U.S. in June

Iran-Israel War: India ramps up oil imports from Russia, U.S. in June

India has ramped up purchases of Russian oil in June, importing more than the combined volumes from Middle Eastern suppliers such as Saudi Arabia and Iraq, amid market volatility triggered by Israel’s dramatic attack on Iran. The U.S. military struck three sites in Iran early Sunday, directly joining Israel which first struck Iranian nuclear sites […]

Continue Reading
Israel-Iran conflict to impact oil supply to India, increase export costs by 40-50%

Israel-Iran conflict to impact oil supply to India, increase export costs by 40-50%

Image for representational purposes only. | Photo Credit: AFP Israel’s attack on Iran and heightened tensions in the area pose significant risks to India in terms of curtailed supplies of oil and a 40-50% increase in the export costs, according to analysts and trade experts.  Early on Friday (June 13, 2025), Israel said it had […]

Continue Reading