Morgan Stanley Axes 2,500 Jobs Despite Record 2025 Revenue Surge
Morgan Stanley eliminated approximately 2,500 positions—3% of its 83,000 global workforce—across investment banking, wealth management, and asset management divisions on March 4, 2026. Performance-Based Cuts Layoffs targeted underperformers and roles misaligned with shifting priorities like AI integration and location strategies, sparing financial advisors. The bank posted record $70.6B revenue in
DR Congo Coltan Mine Disaster: Over 200 Dead in Rubaya Landslide
A massive landslide triggered by heavy rains killed more than 200 people at the Rubaya coltan mines in eastern Democratic Republic of Congo on March 2, 2026, including around 70 children. Tragedy Details The collapse hit the Luwowo artisanal mining site controlled by M23 rebels, burying miners, traders, and nearby
Rupee Eyes Relief Amid Risk Rebound, But Oil Surge Looms Large
The Indian rupee hit a record low of 92.3025 against the dollar on March 4, 2026, before closing at 92.15, pressured by Brent crude nearing $84/barrel amid Hormuz blockade fears. Tentative Recovery Signals Non-deliverable forwards point to opening at 92.10-92.12 today, buoyed by dollar retreat and equity rebound hints, though
US-Israel-Iran War Day 6: Strikes Pound Tehran, Senate Backs Trump, 1,045 Dead
US and Israel escalate Operations Epic Fury and Roaring Lion, hammering Tehran military sites and Hezbollah in Beirut/Lebanon as conflict claims 1,045 Iranian lives since February 28. Senate Defies War Powers Limit US Senate voted 53-47 against curbing President Trump’s airstrikes without authorization, enabling “acceleration” per Defense Secretary Pete Hegseth
West Asia War Enters Day 6: US-Israel Escalate Strikes on Iran Amid Retaliation
The US and Israel continue massive airstrikes across Iran under Operations Epic Fury and Roaring Lion, targeting nearly 2,000 sites including Tehran’s Azadi Square, metro stations, and military facilities as Ayatollah Khamenei’s funeral looms. Latest Military Developments US Central Command reports 24/7 operations dwarfing 2003 Iraq strikes, destroying 17 Iranian
Submarine Strike Sinks Iranian Frigate Off Sri Lanka: 101 Missing, 78 Injured
An Iranian Navy Moudge-class frigate IRIS Dena sank 40 nautical miles off Galle, Sri Lanka, after a suspected submarine-launched attack, leaving 101 sailors missing from its ~180 crew and 78 wounded. Rescue Efforts Intensify Sri Lankan Navy and Air Force responded to the 5:30 AM distress call, rescuing ~30 critically
Israeli F-35 Down Iranian Yak-130 Over Tehran in Historic First
An Israeli Air Force F-35I “Adir” stealth fighter shot down an Iranian Yak-130 combat trainer over Tehran skies today, marking the first-ever air-to-air kill of a manned aircraft by an F-35 platform. Dogfight Details The Yak-130 was scrambling to intercept Israeli Hermes-900 drones when intercepted and destroyed by the F-35I
Iran Prepares Historic Farewell for Slain Supreme Leader Ayatollah Khamenei
Iran gears up for the burial of Ayatollah Ali Khamenei in his birthplace of Mashhad at the sacred Imam Reza shrine, where his father rests, following his death at 86 in US-Israel strikes. Tehran Memorial First A massive public farewell ceremony will precede the Mashhad burial, organized by the IRGC
Mojtaba Khamenei Emerges as Top Contender for Iran’s Supreme Leadership
Mojtaba Khamenei, son of the slain Ayatollah Ali Khamenei, has surfaced as the leading candidate to become Iran’s next Supreme Leader following his father’s death in US-Israel strikes. Succession Under IRGC Pressure Iran’s Assembly of Experts reportedly elected the 56-year-old Mojtaba amid intense pressure from the Islamic Revolutionary Guard Corps
In the time of turmoil, let Holi : Why the festival of colours is the joyful antidote the world needs
Holi: A celebration beyond colour and caste In a world overwhelmed by war, anxiety, and division, Holi arrives as a burst of hope. The Hindu festival of colours, traditionally marking the victory of good over evil, is more than a religious event—it is a human reminder. A reminder to shed
