The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.
Speaking to reporters during a cabinet meeting at the White House on Thursday, Trump said the US had engaged in 'very substantial talks' with Iranian officials and described the tanker movement as proof of seriousness in the discussions.
UltraTech Cement, an Aditya Birla group company, has become the world's largest cement producer outside China, surpassing 200 million tonnes per annum (mtpa) of installed capacity in India. The company plans to invest Rs 16,000 crore to reach a target capacity of 240 mtpa by the financial year 2027-28.
The US has threatened to prosecute those buying or selling sanctioned Iranian oil and has announced a blockade of the Strait of Hormuz after peace talks failed.
India's residential real estate market experienced a 4 per cent year-on-year decline in sales during Q1CY26, while office leasing reached a quarterly high, rising 6 per cent year-on-year to 29.9 million square feet, according to Knight Frank India.
Uncertainty surrounds the US-Iran talks as a two-week ceasefire approaches its end. Pakistan is attempting to mediate, but tensions remain high after a recent naval incident.
India summoned the Iranian envoy after two Indian vessels had to reverse course in the Strait of Hormuz following an incident of firing by Iran's Revolutionary Guards.
Historically, India was a major buyer of Iranian crude, importing significant volumes of Iranian light and heavy grades due to strong refinery compatibility and favourable commercial terms.
Pezeshkian urged American citizens to look beyond 'manufactured narratives', claiming the portrayal of Iran as a threat is driven by the military-industrial complex and Israeli political interests.
The updated content settings will mean that teenagers in India will be able to view only content similar to what they would likely see in an age-appropriate movie.
The Ministry of External Affairs (MEA) has stated that India is closely monitoring developments in West Asia, addressing topics ranging from ceasefire efforts to maritime security and the safe return of Indian nationals. The MEA also addressed the UN Climate Change Conference and the delimitation bill.
India's electric vehicle (EV) market experienced a significant surge in financial year 2025-26 (FY26), with e4W registrations nearly doubling and e2Ws growing by over 20%, propelled by expanding charging infrastructure, diverse model launches, and accessible financing.
India has voiced its deep concern over reports of increasing civilian casualties in Lebanon due to Israeli strikes, emphasising the protection of civilians and the importance of international law.
Iran's Islamic Revolution Guards Corps (IRGC) has issued a chilling ultimatum to 18 major American corporations, warning that their regional infrastructure will be targeted following allegations of their involvement in hostile operations.
The Indian government is considering additional relief packages for vulnerable sectors like MSMEs to mitigate the impact of the ongoing West Asia crisis on the economy and inflation.
The Indian rupee depreciated significantly against the US dollar, reaching a new all-time low due to rising oil prices, a strong dollar, and ongoing geopolitical concerns. Domestic equity market declines and foreign investment outflows further contributed to the rupee's weakness.
If Trump doesn't like India, that is his choice. But to use such distasteful language on a public platform is deeply offensive and needs to be called out, points out Amberish K Diwanji.
The official statement highlighted that these "blatant Iranian attacks" have also targeted members of the Gulf Cooperation Council (GCC) and several other Arab and Islamic nations.
Prime Minister Narendra Modi has called on Indian citizens to unite and overcome the challenges posed by the ongoing conflict in West Asia, cautioning against politicisation and rumour-mongering.
On Saturday, it was reported that a drone strike had targeted the Fujairah Port in the UAE, triggering a fire.
Donald Trump has warned Iran to open the Strait of Hormuz within 48 hours or face military action, escalating tensions amid regional conflict and impacting global oil supplies.
The United States Central Command (CENTCOM) has confirmed the implementation of a naval blockade on Iranian ports, enforcing strict measures on vessels entering or departing, significantly escalating tensions between the two nations.
A Pakistani delegation, led by Army Chief Field Marshal Asim Munir, has arrived in Tehran to mediate the ongoing conflict between the US and Iran, following initial talks in Islamabad.
Oil processing facilities form the foundation of the worldwide energy sector, converting crude petroleum into essential fuels such as petrol, diesel, aviation fuel and various petrochemical products.
Indian airports are rapidly becoming a significant growth avenue for the country's retail sector, with brands across various consumer segments actively opening stores to tap into the increasing number of flyers and strong domestic tourism momentum.
Indian exporters are unlikely to receive direct tariff refunds from the US's $166 billion payout, but the rollback of reciprocal duties is enhancing their pricing power and improving order prospects, particularly in textiles, apparel, and engineering goods.
Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.
The Indian government has reduced excise duty on petrol and diesel to mitigate the impact of rising global crude prices, triggered by geopolitical tensions in the Middle East. This move aims to provide relief to consumers and oil companies amidst volatile international oil markets.
As the negotiations continued, the Iranian government said on social media that "talks between Iran and the US in Islamabad entered the expert-level stage as economic, military, legal, and nuclear committees joined in".
The Indian rupee experienced a significant surge against the US dollar following the Reserve Bank of India's measures to restrict banks from onshore forward markets. Despite this, the rupee remains under pressure from foreign capital outflows, a strong dollar, and rising crude oil prices.
Nobody takes Pakistan seriously and therefore Pakistan's sudden mediating with almost immediate results of a ceasefire seems more contrived than real, points out Vice Admiral Biswajit Dasgupta (retd).
India's foreign exchange reserves saw a substantial increase of USD 9.063 billion, reaching USD 697.121 billion for the week ended April 3, 2026, according to the Reserve Bank of India (RBI). This surge follows a previous week's decline and brings the reserves closer to their all-time high.
An India-flagged LPG tanker, Jag Vikram, has successfully crossed the Strait of Hormuz following a temporary ceasefire between the United States and Iran, marking a significant development for India's energy security.
External Affairs Minister S Jaishankar discussed the West Asia conflict's impact on the global economy, particularly energy security, with US Secretary of State Marco Rubio. He also engaged with GCC ambassadors and his Sri Lankan and German counterparts on the same issue.
Indian companies, however, are now paying a premium of $6-$7 a barrel for Russian oil, compared with discounts of $8-$10 a barrel before the start of the conflict.
Amid ongoing tensions with the US, Iran's IRGC Navy has issued new directives restricting maritime movement through the Strait of Hormuz, allowing only civilian vessels on Iranian-designated routes and barring all military ships.
His remarks come after Trump warned Iran of severe consequences if it fails to reopen the strategically vital Strait of Hormuz, a key global energy transit route.
US President Donald Trump and other top officials were evacuated unharmed from the annual dinner of the White House Correspondents' Association after a man armed with multiple weapons fired shots outside the hotel ballroom.
Doubts are emerging about Pakistan's role in mediating peace negotiations between the US and Iran, with suggestions that Islamabad's efforts are stalling and failing to secure a definitive response from the United States.
Delegations from the US and Iran have arrived in Islamabad for talks aimed at resolving the conflict between the two nations, following a ceasefire brokered by Pakistan. The negotiations are being closely watched due to their potential impact on regional security and global diplomacy.
