US-Israel attack Iran: Are oil, gold and the dollar set for sharp moves?

Global financial markets are preparing for heightened volatility after the United States and Israel carried out strikes on Iran, triggering fears of wider conflict in the Middle East and potential disruptions to global energy supplies, Reuters reported. Tehran retaliated by launching missiles towards Israel, intensifying concerns among investors and oil producers across the region.President Donald…

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Berkshire transition: Greg Abel writes first shareholder letter as CEO, pledges continuity in Buffett era

Greg Abel, Warren Buffett’s chosen successor at Berkshire Hathaway, has issued his first annual letter to shareholders after taking over as chief executive in January, outlining his leadership approach while reaffirming continuity at the conglomerate, AP reported.The letter comes as Berkshire recorded a $4.5 billion write-down related to the value of its investments in Kraft…

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Several flights cancelled! Aviation Ministry reviews preparedness as Israel-US strikes on Iran hit operations; what IndiGo, Air India have said

Israel-US strikes on Iran hit air travel from India: The Ministry of Civil Aviation (MoCA) has assessed aviation readiness in response to the developing situation in the Middle East and its possible implications for international flight operations. The Civil Aviation Minister conducted a detailed review of preparedness and response arrangements in coordination with all relevant…

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AI shock hits IT stocks: Nifty IT posts worst monthly fall in 17 years as sector loses Rs 5.7 lakh crore

The Nifty IT index plunged 19.5% in February, marking its steepest monthly decline in 17 years, as mounting fears of artificial intelligence-led disruption triggered heavy selling across technology services stocks.The fall is the sharpest since September 2008, when the index had dropped nearly 21% during the global financial crisis. The index declined in 12 of…

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