Author: Gulf News Week
The currency briefly breached the 94-per-dollar mark before RBI intervention steadied it, as surging crude prices, persistent foreign outflows, and a resurgent greenback create a “perfect storm” of volatility. Mumbai: The Indian rupee came under fresh pressure this week, briefly breaching the 94-per-dollar level for the first time before recovering to around 93.96 (Dh25.6) on Wednesday, as surging crude oil prices, persistent foreign investor outflows, and a resurgent US dollar combined to trigger one of the sharpest bouts of currency volatility in recent years. The currency slipped 20 paise in early trade on Wednesday after losing 23 paise in the previous…
Top seed Felix Auger-Aliassime rallies from 1-4 down to reach last eight, while second seed Alexander Bublik exits in straight-set upset. Dubai: Andrey Rublev emerged victorious from a clash between two former champions, defeating Ugo Humbert of France 6-4, 6-7 (5/7), 6-3 to secure his place in the quarterfinals of the Dubai Duty Free Tennis Championships on Wednesday. Rublev, who claimed the Dubai title in 2022, held firm against a determined challenge from Humbert—the 2024 champion—to extend his strong run of form. The Russian reached the semifinals in Doha last week and continues to build momentum on the ATP tour. Auger-Aliassime…
The Rajasthani film and web series star succumbed to severe head injuries after her car hit a divider and overturned late Monday night. Jaipur: Actress and model Harshil Kalia passed away in a road accident in Jaipur late Monday night. She was 30 years old. The incident occurred around 11:30 pm when Kalia was returning home. According to CCTV footage from the area, her vehicle rammed into a road divider and overturned, landing on its left side. Local residents rushed to the spot after hearing the crash, righted the car, and took her to a hospital. Doctors declared her brought dead…
WASHINGTON (news agencies) — Federal health officials posted a warning Tuesday about misleading statements made by biotech billionaire Dr. Patrick Soon-Shiong, who recently told podcast listeners that his company’s bladder cancer drug may be able to treat, cure or even prevent other types of cancers.The warning letter from the Food and Drug Administration takes issue with a TV advertisement and a separate podcast episode promoting Anktiva, the lead product of ImmunityBio Inc. The drugmaker is one of several biotech firms acquired by Soon-Shiong, who also owns the Los Angeles Times.Company shares fell more than 21% in trading Tuesday to close…
The British government has learned no lessons from the disaster that the US-UK invasion of Iraq was.In March 2003, a million people took to the streets of London to oppose the illegal invasion of Iraq. Seeing straight through the lie that Iraq possessed weapons of mass destruction, protesters warned the British government in no uncertain terms: This action would trigger a spiral of misery, hatred and death.More than 20 years on, most people now recognise the Iraq war for what it was: a catastrophic mistake that fuelled a string of subsequent conflicts and instability. The United Kingdom had followed the…
Football Supporters Europe files complaint with European Commission, accusing governing body of abusing monopoly power to impose unfair purchasing conditions and prices far exceeding previous tournaments. LAUSANNE — Football’s global governing body FIFA has been hit with a formal legal complaint over ticket pricing for the 2026 World Cup, with a leading supporters’ group alleging the organization is exploiting its monopoly to the detriment of European fans. Football Supporters Europe (FSE), supported by Euroconsumers, filed the lawsuit with the European Commission on Tuesday, accusing FIFA of imposing “excessive ticket prices” alongside “opaque and unfair purchasing conditions and processes” for this year’s…
Rights office warns of ‘devastating impact’ as cheap, high-tech weapons fuel civilian deaths; hospital attack during Eid al-Fitr kills 70 as conflict spills into Chad. GENEVA — More than 500 civilians have been killed in drone strikes across Sudan between January 1 and mid-March, the United Nations said Tuesday, warning of a sharp escalation in the use of unmanned aerial weapons that is exacting a devastating toll on populated areas. The UN rights office documented at least 500 civilian deaths from drone attacks during the 10-week period, with the vast majority concentrated in three states within the strategic Kordofan region—the current…
Actress’ mother shares intimate glimpses of garland exchange ceremony; neither party confirms as rapper navigates legal battles over controversial track ‘Tateeree’. Social media is ablaze with speculation that Indian rapper Badshah has married Punjabi actress Isha Rikhi, after the actress’ mother shared what appear to be wedding photos and videos from a private ceremony. Poonam Rikhi, Isha’s mother, posted a series of images on Instagram showing the couple in traditional wedding attire. Isha is seen in a striking red bridal ensemble, while Badshah—whose real name is Aditya Prateek Singh—complements her in a green kurta adorned with vertical golden stripes. “God…
President’s last-minute reprieve sparks sharp market relief rally, but analysts warn of fragile calm with Strait of Hormuz still closed and broader conflict unresolved. The dollar tumbled and oil prices suffered their steepest drop in weeks after U.S. President Donald Trump announced a temporary halt to planned military strikes on Iranian energy infrastructure, triggering a frantic but cautious rally across global financial markets. In a post on Truth Social early Monday, Trump said he had instructed the Department of Defense to postpone “any and all” strikes against Iranian power plants and energy facilities for a five-day period. The announcement came…
President says multiple countries have denied refueling rights to Philippine carriers amid jet fuel shortage caused by U.S.-Israeli war with Iran, forcing airlines to carry return fuel. MANILA — Philippine President Ferdinand Marcos Jr. has warned that the grounding of commercial aircraft due to a worsening jet fuel shortage is now a “distinct possibility,” as the ongoing U.S.-Israeli war with Iran continues to disrupt global fuel supplies. In an interview with Bloomberg News published Tuesday, Marcos revealed that several countries have informed Philippine carriers they will not be permitted to refuel on their territory. The restriction forces Philippine airlines to carry…