Bitcoin at the bottleneck: Iran’s Hormuz hafta rattles markets

    TOI correspondent from Washington: Iran has moved to reassert control over the Strait of Hormuz within hours of Israel’s continued strikes in Lebanon, putting a squeeze on shipping movement just 48 hours before talks are scheduled to commence in Islamabad. Tehran’s actions—ranging from enhanced inspections to outright halts of tankers—have contradicted US claims that the…

    Read More

    ‘We see your activity’: UK’s stern warning to Putin after Russian spy submarines detected in North Atlantic

    The United Kingdom has issued a strong warning to Russia after detecting what it described as a covert submarine operation targeting vital undersea cables and pipelines in the North Atlantic. Defence Secretary John Healey said British forces had successfully tracked multiple Russian vessels operating near sensitive infrastructure, stressing that any attempt to cause damage would…

    Read More

      Working abroad? How to stay compliant with India’s tax residency rules in a globalised world – explained

      Individuals should effectively apply tie breaker rules in case of possible dual residency under applicable tax treaty provisions. (AI image) In today’s globalised world, the ability to live in one country and work in another country for an employer in the third country is becoming a norm rather than an exception. Professionals are increasingly building…

      Read More

      ‘Never added fuel to fire’: China rejects claims of military support to Iran during US-Israeli conflict

      Chinese defence ministry spokesperson Zhang Xiaogang China on Thursday denied reports that its companies had provided satellite imagery and semiconductor chip manufacturing equipment to the Iranian military during the US-Israeli war against Iran, as Beijing also said it had made its “own efforts” to push for a ceasefire.The denial came a day after China said…

      Read More

        US jobs data: Weekly jobless claims rise to 2.19 lakh; labour market steady despite global uncertainties

        Applications for unemployment benefits in the US rose last week but remained within a stable range, indicating resilience in the labour market despite global economic uncertainties, AP reported.Initial jobless claims increased by 16,000 to 2,19,000 for the week ending April 4, up from 2,03,000 in the previous week and higher than analysts’ expectations of 2,10,000,…

        Read More