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UNCERTAIN TIMES IN WEST ASIA AS GOLANI RISES

The Business Guardian

|

December 10, 2024

It's complete chaos in Syria. The end of the Assad dynasty that ruled Syria for five decades came suddenly—out of the blue.

- J OYEETA BASU

The army of Bashar Al Assad—who had been at the helm of Syria for 24 years, taking over from his father Hafez Al Assad in 2000—just melted away as the opposition forces comprising a hotchpotch of rebel fighters, militants and terrorists from Al Qaeda and ISIS just swooped down on capital Damascus, after capturing city after city. At the time of writing, Assad is supposed to have fled to Russia, one of his main backers, the other being Iran.

That neither of these two countries helped Assad when he needed their support is proof of their own weaknesses. Both are reeling under western sanctions. The war in Ukraine is taking a toll on Russia's health and Iran has been a spent force for a long time, even though both countries have great power ambitions. One of the reasons behind the sudden collapse is believed to be the hollowing out of Assad's army in the 13-year-long civil war that has hobbled Syria, killing over 600,000 people, while displacing over half the country's population. As it is, western sanctions have taken a major toll on Syria, with the army impacted heavily as morale went down. Once Russia and Iran decided to pull support, realizing the gravity of the rebel intent, the Syrian government collapsed like a house of cards, and the rebels led by Abu Mohammed al Golani just walked into Damascus in scenes reminiscent of the Taliban takeover of Kabul in 2021.

MEER VERHALEN VAN The Business Guardian

The Business Guardian

The Business Guardian

Shankar, Delhi Zoo’s lone African elephant, dies of cardiac failure

Shankar, the only African elephant at the National Zoological Park (NZP), has died of acute cardiac failure, according to preliminary postmortem findings.

time to read

1 min

September 22, 2025

The Business Guardian

The Business Guardian

Report: Global firms take 72% share in India's flex space market

Driven by global demand, India has emerged as one of the world’s most mature flexible office ecosystems, with international firms accounting for a staggering 72 per cent of flex space absorption in 2024, according to Cushman & Wakefield’s Global Trends in Flexible Office 2025 report.

time to read

1 mins

September 22, 2025

The Business Guardian

Noida airport to begin operations by year-end

The Noida International Airport (NIA), being developed as a greenfield aviation hub in Jewar, Gautam Buddh Nagar, is on track to begin operations by the end of this year.

time to read

1 min

September 22, 2025

The Business Guardian

The Business Guardian

GST reform: Relief at home, strength for industry, and resilience abroad

The 56th meeting of the Goods and Services Tax (GST) Council has produced one of the most significant reforms in India’s indirect taxation system since the GST was first rolled out in 2017. By simplifying the rate structure, rationalis-ing anomalies, and offering sweeping relief in critical sectors, the Council has sought to rebalance India's tax regime at a moment when global trade tensions are rising and domestic demand needs fresh momentum.

time to read

4 mins

September 22, 2025

The Business Guardian

The Business Guardian

Ramani Mylavarapu Opens Roots to Rivers with Powerful Performance on Water Pollution at Bikaner House

Hyderabad-based performance artist Ramani Mylavarapu opened her solo exhibition Roots to Rivers at Kalamkaar, Bikaner House, New Delhi, today.

time to read

1 min

September 22, 2025

The Business Guardian

The Business Guardian

Experts: Markets face volatility amid key global, domestic triggers

Market participants in the Indian stock market will be closely eying a host of key global and domestic developments in the coming week, which could drive short-term sentiment and sectoral movements, according to the market experts.

time to read

2 mins

September 22, 2025

The Business Guardian

The Business Guardian

HOW RUMOR MADE 1857 BURN

May 10, 1857— Merrut (a garrison town near Delhi). Some sepoys refuse the cartridges, are punished, and tempers explode. Barracks burn, prison gates open, and rebel troops ride through the night to Delhi.

time to read

8 mins

September 22, 2025

The Business Guardian

The Business Guardian

India’s forex reserves climb by $4.7 bn to hit $702.97 bn

India’s foreign exchange reserves rose by USD 4.698 billion in the week that ended September 12 to USD 702.966 billion, marking the third consecutive weekly increase, the Reserve Bank of India (RBI) said in its latest ‘Weekly Statistical Supplement.’

time to read

1 min

September 22, 2025

The Business Guardian

The Business Guardian

Piyush Goyal unveils guidebook on HSN code mapping

Piyush Goyal, Union Minister of Commerce and Industry, released the Guidebook on Mapping of Harmonized System of Nomenclature (HSN) Codes prepared by the Department for Promotion of Industry and Internal Trade (DPIIT) on Sunday during an event on \"Celebrating 10 Years of Make in India and Discussion on Next Gen-Reforms 2.0\" in New Delhi.

time to read

2 mins

September 22, 2025

The Business Guardian

The Business Guardian

BPCL'S MAK LUBRICANTS HONORS MECHANICS WITH NATIONWIDE RADIO CAMPAIGN

BPCLs MAK Lubricants launches nationwide radio campaign to honor India’s mechanic community.

time to read

2 mins

September 22, 2025

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