Dubai, June 27: HDFC Bank, India’s largest private lender, is under scrutiny in the UAE over allegations it sold high-risk Credit Suisse AT1 bonds to retail investors in violation of regulatory norms. The bonds — complex instruments meant only for experienced or high-net-worth clients — were wiped out in March 2023 during Credit Suisse’s emergency merger with UBS. Several investors claim HDFC Bank
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Tel Aviv, June 27: Israel's war minister (known as "defence" minister), Israel Katz, said on Thursday that Iran’s Supreme Leader Ayatollah Ali Khamenei was marked for assassination during the recent 12-day conflict, but evaded elimination by going underground. “If Khamenei had been in our sights, we would have taken him out,” Katz told Kan public television, adding that the Iranian leader “went
Israel has suffered an estimated $12 billion in direct losses from its 12-day war of aggression against Iran, with total losses potentially rising to $20 billion, according to Israeli media and economic reports. The losses encompass military expenditures, missile strike damages, payouts to affected individuals and businesses, and infrastructure repairs. Experts warn the final tally may reach $20
Bantwal, June 26: In a significant development for commuters traveling along National Highway 75, both lanes of the 2.1-km-long Kalladka flyover have been opened to vehicular traffic as of Wednesday, June 25. The flyover, a crucial link in the ongoing BC Road–Addahole highway expansion, is expected to ease congestion and improve travel time between key destinations in Dakshina Kannada. The move
New Delhi, June 23: In a major political upset, the Aam Aadmi Party (AAP) has defeated the BJP in Visavadar, Gujarat, while the Congress has reclaimed its stronghold in Nilambur, Kerala, in the latest round of Assembly bypolls across the country. Gujarat: AAP's Big Comeback in Modi's Home State In a symbolic victory, AAP candidate Gopal Italia won the Visavadar by-election by over 17,500 votes
Tel Aviv, June 23: The Israeli military said it carried out airstrikes on at least six airports in western, eastern and central Iran on Monday and destroyed a refuelling plane, and F-14, F-5, and AH-1 aircraft. The Israeli military also said that it targeted surface-to-surface missile storage facilities in central Iran, as fighting between the two foes raged for the 11th day. The military said in
Mangaluru, June 23: A woman in the city has reportedly lost ₹2.3 lakh after falling victim to an online scam that began with a Telegram group promising easy commissions for liking social media reels. According to her complaint filed at Kavoor police station, the incident began on June 14 while she was browsing Telegram. She was added to a group named Cold Winter, where a post instructed members to
Tehran, June 23: Iran’s Military Central Command issued a fiery warning to US President Donald Trump on Monday, declaring that the US attacks on Iranian soil had expanded the battlefield and that powerful retaliatory operations are imminent. The warning came in a video message delivered by the Command’s spokesperson, who also directly addressed Trump. “Mr. Trump, the gambler, you may start this
Manama, June 22: In response to heightened regional tensions following U.S. airstrikes on Iran’s nuclear facilities, the Bahraini government has moved swiftly to implement precautionary measures aimed at ensuring public safety. The Ministry of Education announced on Sunday that all public and private educational institutions, including kindergartens, schools, and universities, must switch to
Tehran, June 22: Iran announced the first-ever launch of its multi-warhead Kheibar Shekan ballistic missile during the twentieth wave of Operation True Promise III in the early hours of Sunday. In a statement, the public relations department of the Islamic Revolution Guards Corps (IRGC) said that this phase of the retaliatory operation marked the debut of the third-generation Kheibar Shekan