Business Recorder

Zee Entertainment in talks with FIFA on World Cup broadcast rights in India

India’s Zee Entertainment is in talks with FIFA to stream and broadcast the 2026 World Cup in the country, the company said in a statement on Tuesday. The announcement, which provided no financial details, comes as talks between a Reliance-Disney …

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Hajj 2026: Saudi Arabia turns to drones to shield pilgrims from extreme heat

MOUNT ARAFAT: With temperatures hitting 45C in Makkah this week, Saudi health workers have increasingly relied on drones to supply a vast array of medical clinics treating heat-stressed pilgrims during the Hajj. The rituals at the Hajj have been a…

#HajjSermon #WuqufeArafat

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India’s fifth spot in global market cap list under threat as Taiwan closes in

India’s position as the fifth-largest global market by capitalisation is under threat as Taiwan closes in on the South Asian nation’s spot, powered largely by the rapid rise of chip-making major Taiwan Semiconductor Manufacturing Co. India’s equit…

#India #Taiwan

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US stocks add to gains on hopes for Iran deal

NEW YORK: Wall Street stocks climbed early Tuesday, extending an upbeat stretch as markets bet negotiators are nearing a resolution to the US-Iran conflict that would reopen the Strait of Hormuz. “The market is so hopeful for a deal that would ope…

#OilProfits #US

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Iran accuses US of violating ceasefire over past 48 hours

TEHRAN: Iran’s foreign ministry on Tuesday accused the United States of violating a fragile ceasefire during the past 48 hours in the southern coastal province of Hormozgan, without specifying the incident. The accusation comes after US Central Co…

#IranianForces #IranianRevolutionaryGuards #CENTCOM #Israel #Iran

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Indian govt to sell up to 2% stake in Coal India via offer for sale

The Indian government will sell a stake of up to 2% in Coal India via an offer for sale (OFS), an exchange filing by the company showed on Tuesday. The OFS consists of a base offer of up to a 1% equity stake in the state-run coal miner, with an op…

#NarendraModi #India

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Afghanistan’s spin king Rashid to miss India Test

KABUL: Afghanistan’s Rashid Khan will miss a one-off Test against India next month but selectors on Tuesday included the ace spinner in the squad for the three-match one-day series. The 27-year-old spinner was advised to cut down on long-format cr…

#RashidKhan #Afghanistan #India

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Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilities

KARACHI: Pakistan plans to boost domestic storage for crude oil and refined products to increase its energy security, according to a government document that was shared with oil producers and some of the world’s leading trading firms. Despite depe…

#OilProfits

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US strikes fuel concern over Iran deal talks

TEHRAN: US forces launched overnight strikes on missile sites in southern Iran and boats they said were trying to lay mines in Gulf waters, sending oil prices higher Tuesday and fuelling tension as diplomats sought a deal to end the war. The inter…

#USStrikes #IranDeal

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India’s share benchmarks slip as Mideast peace deal hopes ebb

India’s equity benchmarks fell on Tuesday as fresh U.S. strikes on Iran dampened hopes of an imminent peace deal to end the three-month-long Iran war that has upended the inflation and growth outlook for Asia’s third-largest economy. The Nifty 50 …

#India #MiddleEast