BlackRock CEO Larry Fink warns oil could hit $150 amid Iran‑US war, causing a ‘global recession’ | World News

BlackRock CEO Larry Fink warns oil could hit $150 amid Iran‑US war, sparking a ‘global recession’/ Image: BBC Amid an escalating conflict involving Iran‑Israel‑US tensions, now more than three weeks in, with Washington deploying more than 4,000 Marines to the region and weighing further troop movements even as talk of a ceasefire surfaces, oil markets…

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IHC arm gets RBI nod to buy Sammaan Capital

MUMBAI: Sammaan Capital (formerly Indiabulls) shares rose 6% after the RBI approved the acquisition of a controlling stake by UAE-based International Holding Company (IHC) through an initial investment of about Rs 8,850 crore. In a regulatory filing on March 24, Sammaan Capital said RBI had cleared applications related to the proposed transaction involving Avenir Investment,…

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Precision Strike Missile: Precision rockets redefine war: Why India’s Pinaka push now matters more

The United States Central Command claims to have recorded the longest artillery strike during the current conflict in Iran. The attack was carried out by a long-range Precision Strike Missile (PrSM), which is commonly known as prism.The projectile is launched from systems such as the M142 High Mobility Artillery Rocket System (HIMARS) or the M270…

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OpenAI hires JioStar’s ex-CEO to lead Apac ops

BENGALURU: OpenAI, the company behind ChatGPT, has hired former JioStar CEO Kiran Mani as managing director for Asia-Pacific, as the AI firm steps up its regional expansion amid strong user growth in markets including India. Mani is set to join in June. He will report to Jason Kwon and lead regional strategy and operations across…

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