Couple, son killed, houses set afire as fresh ethnic violence erupts in Manipur
The violence came days after a hostage crisis escalated Naga-Kuki tensions in Manipur, where ethnic violence has continued sporadically since 2023
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The violence came days after a hostage crisis escalated Naga-Kuki tensions in Manipur, where ethnic violence has continued sporadically since 2023
Oil prices saw a slight dip Friday as Middle East ceasefire hopes dimmed after Hezbollah rejected a US-backed proposal. Despite this, benchmarks are set for their first weekly gain in three weeks, buoyed by ongoing regional tensions and Strait of Hormuz disruptions. Conflicting signals from the region and declining global inventories are keeping investors cautious, suggesting continued price volatility.
Finance committee flags fuel price impact, inflation concerns amid U.S.-Iran tensions, seeks detailed government response
The INDIA bloc is facing renewed questions over its unity after the DMK decided to withdraw from a key opposition meeting, citing โbetrayalโ by the Congress following the Tamil Nadu elections.This development comes amid reported internal tensions within other alliance partners as well, including the Trinamool Congress (TMC), further intensifying concerns about cohesion within the opposition front.Political analysts suggest that these growing rifts could reshape national politics and potentially give the NDA an advantage in upcoming parliamentary and legislative battles. n18oc_politicsn18oc_plain-speakn18oc_indiaNews18 Mobile App - https://onelink.to/desc-youtube
Tensions rise in Tamil Nadu's BJP as Annamalai considers leaving the party on his birthday. Despite efforts from the BJP leadership to retain him, sources indicate he may pursue a solo political path, citing dissatisfaction with alliances and party direction. -newsn18oc_indiaNews18 Mobile App - https://onelink.to/desc-youtube
Expelled TMC MLA Sandipan Saha speaks exclusively to CNN-News18's Anand Narasimhan (@AnchorAnandN) amid internal tensions fuel speculations of a rift within the Trinamool CongressAmid growing speculation about internal tensions within the All India Trinamool Congress, expelled MLA Sandipan Saha speaks exclusively to Anand Narasimhan on CNN-News18.The exclusive conversation comes at a time when reports of factionalism and unrest within the party continue to dominate political discussions in West Bengal. Sandipan Saha addresses questions surrounding his expulsion, the political developments inside the TMC, and the speculation over divisions within the party.What does the expelled MLA have to say about the current situation? Are the reports of a rift being exaggerated, or do they point to deeper issues within the party?Watch the full exclusive interview for key insights, reactions, and political analysis. News18 Mobile App - https://onelink.to/desc-youtube
Wall Street stocks pulled back from โrecord highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.All three major U.S. stock indexes closed in negative territory, dragged lower by financials and tech , with the small-cap Russell 2000 underperforming its larger-cap counterparts.Chips advanced, indicating the artificial intelligence โfervor is alive โ and well. โ Still, most of the Magnificent Seven group of AI-related megacaps were lower."The AI names are trading on their own completely separate world, largely oblivious to macro and geopolitical โrisk, at least within reason," said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. "And so there's going to be a bid for those โnames, especially on days where everything else looks a little bit less attractive."The S&P Software & Services index declined. It has been battered in recent months by fears of AI disruption.Middle East hostilities intensified as the U.S. and Iran traded a new round of air strikes, โthe latest test of a shaky ceasefire.Oil prices rose, adding to worries that upward โ pressure on energy prices โcould metastasize into broader, systemic inflation."This market continues to demonstrate a tug of war between fundamentals in the โU.S. economy, which โare incredibly positive, and concerns that the duration of the conflict in the Middle East will lead to โ downside risks," said Bill Northey, senior investment director at U.S. Bank Wealth Management, Billings, Montana. "Our โframework is centered around the duration of the closure of the Strait of Hormuz as โthe primary input to inflation expectations.""The longer the duration of that closure, the less likely the Federal Reserve will be able to ease in 2026," Northey added.In fact, financial markets are pricing more than a 40% likelihood of a rate hike at the conclusion of the U.S. Federal Reserve's December meeting, up from 9.1% one month ago, according to CME's FedWatch tool.New York Fed President John Williams reiterated his position that the central bank does not need to change interest rates despite upside inflation risks, stating monetary policy is "in the right place."Economic โdata suggested the labor market was stable, and the services sector continued to expand, but input prices remained elevated and corporate spending plans appeared soft amid rising energy costs and geopolitical uncertainties.The Beige Book, the Fed's โregional economic survey, showed economic โactivity gathered steam in recent โ weeks, employment was little changed, but the fallout from higher energy prices due to the war was pervasive.According to preliminary data, the S&P 500 lost 54.11 points, or 0.74%, to end at 7,555.67 points, while the Nasdaq Composite lost 230.97 points, or 0.85%, to 26,862.93. The Dow โJones Industrial Average fell 581.84 points, or 1.13%, to 50,725.95.Among chipmakers, Marvell, Intel, Qualcomm , and Sandisk outperformed.Asset managers dropped after Switzerland's Partners Group capped withdrawals from an $8.6 billion private equity fund. KKR, Blackstone, Blue Owl and Ares Management all lost ground.GameStop advanced after the original meme-stock posted a rise in quarterly revenue and unveiled a $2 billion share buyback program.Elon Musk's SpaceX plans to price its IPO at $135 a share to raise a record $75 billion, a source familiar with the matter told Reuters on Tuesday.Broadcom results were expected shortly.
Political tensions are rising in Telangana as Jana Sena chief and Andhra Pradesh Deputy Chief Minister Pawan Kalyan clashes with Congress leaders over his partyโs expansion plans in the state.Kalyan has hit back at critics questioning Jana Senaโs political push in Telangana, accusing them of hypocrisy and asserting his long-standing emotional and political connection with the state. He also maintained that he had supported Telangana statehood, while opposing the manner in which Andhra Pradesh was bifurcated.The war of words comes as Jana Sena looks to strengthen its presence in Telangana ahead of the 2028 elections, raising questions over whether Pawan Kalyan could emerge as a new political force in the state.Watch the full report for the latest updates on the Congress-Jana Sena faceoff. n18oc_indian18oc_politicsn18oc_the-right-standNews18 Mobile App - https://onelink.to/desc-youtube
In a historic political shift in West Bengal, the Trinamool Congress is facing major internal upheaval after Assembly Speaker Rathindra Bose reportedly recognised Ritabrata Banerjee as the new Leader of Opposition.The development is being seen as a significant setback to Mamata Banerjeeโs authority, with rebel TMC MLAs backing Ritabrataโs claim amid rising dissent within the party.The move has triggered fresh questions over the future of the Trinamool Congress, its internal power structure, and whether the party can contain the growing rebellion. As political tensions rise, all eyes are now on Mamata Banerjeeโs next move and the official TMC response.Watch the full report for the latest updates on the Bengal political crisis. -speakn18oc_breaking-newsNews18 Mobile App - https://onelink.to/desc-youtube
US President Donald Trump admitted calling Israeli PM Benjamin Netanyahu "f***ing crazy" due to frustration over Lebanon escalation, impacting Iran talks. Despite the heated exchange, Trump insists their strong working relationship continues, citing shared "wartime leader" pressures. He remains optimistic about resolving regional tensions soon.
An Indian national tragically died in an Iranian drone attack on Kuwait airport. The incident, which also caused significant damage to a passenger terminal, occurred amidst escalating regional tensions. The US military reported intercepting multiple drones targeting its forces in Kuwait and stated Iranian missiles fell apart en route.
An Indian national was killed in an attack on Kuwait International Airport on Wednesday, prompting the Indian Embassy in Kuwait to express condolences and assure support to the victim's family. The incident occurred during an Iranian missile and drone attack that targeted civilian facilities in Kuwait, including the airport, according to Kuwaiti authorities. In a statement posted on X, the Embassy of India in Kuwait said, โEmbassy of India in Kuwait expresses its deepest condolences at the tragic demise of an Indian national due to an attack on the airport in Kuwait today.โ The embassy added that it is in contact with the bereaved family and is coordinating closely with Kuwaiti authorities to provide all possible assistance to the family and those injured in the incident.โ indembkwt (@indembkwt) Kuwait airport strike causes damageKuwait said the attack caused significant damage to Terminal 1 of Kuwait International Airport and injured several people. Flights were temporarily diverted before operations gradually resumed after safety assessments. Kuwaiti authorities described the airport as one of several civilian sites targeted in the attack. The strike came amid heightened tensions in the Gulf region, with Iran launching missiles and drones toward Kuwait and other neighbouring states. US and regional forces reportedly intercepted several incoming projectiles, while some missiles failed to reach their intended targets. Embassy monitoring situation The Indian mission has been actively assisting Indian nationals in Kuwait during recent regional disruptions. The embassy said it remains engaged with local authorities as investigations and relief efforts continue. The identity of the deceased Indian national has not been officially released. Kuwaiti authorities have also not disclosed further details about the victim or the circumstances of the death.
In response to escalating regional tensions, IndiGo Airlines has suspended all its services to and from Kuwait, following a drone strike impacting the airport's passenger terminal. This closure of Kuwait's airspace has led to considerable disruptions for travelers.
Middle East tensions flared as Iran launched missiles targeting US facilities in Kuwait and Bahrain, which were intercepted or failed to hit. The US responded with strikes on an Iranian military site. This escalation follows a major US military campaign against Iran earlier this year, with ongoing exchanges and stalled negotiations pushing the region towards wider conflict.
Shares of InterGlobe Aviation, the operator of IndiGo, fell more than 1% to their day's low of Rs 4,425 on the BSE on Wednesday after it suspended flights to and from Manchester from August 31, as prolonged airspace restrictions and rising operational expenses continue to weigh on long-haul services.The airline said the temporary suspension will lead to the return of one of the six Boeing 787-9 Dreamliner aircraft leased from Norse Atlantic Airways, which were brought in to support its long-haul international expansion plans.In a statement issued on Tuesday, IndiGo said ongoing international airspace constraints have significantly increased flight durations, while a difficult cost environment has made operations on the route increasingly challenging. As a result, services between India and Manchester will be paused from August 31, 2026.The carrier had inducted six Boeing 787-9 Dreamliners on damp lease from Norse Atlantic Airways in early 2025 as part of its strategy to accelerate entry into European markets before the arrival of its own Airbus A350 aircraft. The Manchester service was among the first long-haul routes launched under this initiative.According to the airline, a combination of geopolitical tensions in the Middle East, elevated aviation turbine fuel (ATF) prices, severe airspace restrictions and currency volatility pushed operating costs well above original expectations.Abhijit Dasgupta, Senior Vice President for Network Planning and Revenue Management at IndiGo, said the route had received a strong response from passengers despite the operational difficulties."We inducted these wide-body aircraft on a short-term basis to fast-track our connectivity to high-potential long-haul destinations such as Manchester and witnessed very encouraging demand response," Dasgupta said."Unfortunately, longer flying times due to airspace constraints coupled with dramatically escalating costs compelled us to take the decision to temporarily discontinue our India-Manchester services," he added.The airline stressed that the suspension is only temporary and reaffirmed its commitment to growing its long-haul international network. Dasgupta said the positive customer response had strengthened IndiGo's confidence in the long-term viability of the Manchester route and its wider international expansion plans.IndiGo also said affected passengers will be notified in advance and assisted with alternative travel options or refunds, wherever applicable. The airline clarified that all of its other long-haul international services will continue to operate as scheduled.IndiGo Q4 snapshotIndiaโs leading airline by market share reported a net loss of Rs 2,536 crore for the fourth quarter of FY26, compared with a net profit of Rs 3,067 crore in the corresponding period last year. Revenue from operations, however, edged up 1% year-on-year to Rs 22,438 crore.The airline said its operational performance during the quarter was affected by disruptions linked to the ongoing conflict in the Middle East. Capacity, measured in available seat kilometres (ASKs), increased 3.4% year-on-year to 43.6 billion. IndiGo shares have fallen 20% in the last six months and about 17% in the last 1 year. Sensex, Nifty today: Catch all the LIVE stock market action here (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Middle East tensions surged as Iran launched missiles towards Kuwait and Bahrain, prompting US retaliatory strikes. Despite ongoing peace talks, no breakthrough has occurred, and the Strait of Hormuz remains disrupted for 96 days. Meanwhile, US crude inventories saw a significant drop for the seventh consecutive week, adding to market volatility.
A Supreme Court committee has mandated that MPSC exams be held in both valley and hill districts of Manipur, addressing security concerns amid ongoing ethnic tensions.
Iran US War News LIVE: Tensions between Iran and the United States have seemed to flare again, with America intercepting Iranian missiles and drone attacks on allies in the Middle East. Track Iran US War LIVE Updates here.
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Bahrain's interior ministry also said a warning siren had been sounded.