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Shares of aviation firms, tour operators dive amid Middle East crisis

New Delhi, Mar 2 (PTI) Shares of airline companies, tour and travel related services providers tumbled on Monday morning trade amid escalating tensions in the Middle East. The stock of InterGlobe Aviation tanked 7.50 per cent, while SpiceJet declined by 7.27 per cent on the BSE. Shares of Yatra Online tumbled 11.14 per cent, Easy Trip Planners slumped 9.39 per cent, TBO TEK dived 8.19 per cent and Thomas Cook dropped 5.40 per cent. In the equity market, the 30-share BSE Sensex traded 1,027.60 points lower at 80,284.17. The 50-share NSE Nifty tumbled 305.95 points to 24,864.35. The conflict between

Rupee crashes 42 paise to settle at 91.50 against US dollar

Mumbai, Mar 2 (PTI) The rupee saw a steep loss of 42 paise to settle at 91.50 (provisional) against the US dollar on Monday after US and Israeli attacks on Iran intensified worldwide risk aversion, setting crude oil prices on fire and demand for the American currency soaring. Massive selling in domestic equity markets and withdrawal of foreign funds further dragged the Indian currency down, forex traders said. At the interbank foreign exchange, the rupee opened at 91.23 and touched the intraday low of 91.65 against the greenback. The currency ended the session at 91.50 (provisional) against the dollar, registering

Iran’s nuclear ambassador alleges that US-Israeli airstrikes targeted the Natanz enrichment facility

VIENNA, March 2, 2026 (AP) — Iran’s Ambassador to the International Atomic Energy Agency on Monday alleged that airstrikes by the United States and Israel targeted the Natanz enrichment facility in his country. That contradicts an assessment by the U.N. nuclear watchdog chief Rafael Grossi who said that “up to now” the agency has “no indication” that nuclear facilities have been hit in Iran. “Again they attacked Iran’s peaceful safeguarded nuclear facilities yesterday. Their justification that Iran wants to develop nuclear weapons is simply a big lie,” Reza Najafi told reporters at the IAEA headquarters in Vienna, where a special

Several U.S. military aircraft crash in Kuwait as Iranian strikes continue

KUWAIT CITY, March 2 (Reuters) – Several U.S. military aircraft crashed in Kuwait early on Monday, but all crew members survived and were in stable condition, Kuwait’s Ministry of Defence said, as conflict widened across the Middle East. In a separate incident, smoke was seen rising from the vicinity of the U.S. Embassy compound in Kuwait City, and fire trucks and ambulances were in the area, a witness told Reuters. There were no responses to requests for comment on the embassy incident from the U.S. Embassy in Kuwait, or from the U.S. State Department. Kuwait intercepted hostile drones earlier on

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