India's trade with West Asia saw a significant decline of over 28% in April, marking the second consecutive month of contraction. This downturn is attributed to severe shipping disruptions stemming from the ongoing conflict involving the US, Israel, and Iran, particularly impacting the crucial Strait of Hormuz waterway.
A joint attack by the United States and Israel on Iran has triggered a massive military confrontation in the Middle-East.
Protests erupted in Jammu and Kashmir following events in Iran, leading to heightened security measures and appeals for peace.
Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.
US President Donald Trump concluded his Beijing summit with Chinese President Xi Jinping, describing it as 'incredible' and highlighting 'fantastic trade deals' and a 'very strong' relationship between the two leaders.
Indian benchmark equity indices, Sensex and Nifty, saw a rebound in early trade, driven by a rally in global markets and easing Brent crude oil prices, with hopes of US-Iran peace negotiations also contributing to investor optimism. Track Sensex, Nifty on May 22
Two youths from Rajasthan were killed in drone attacks in Oman amid the ongoing conflict involving the United States, Israel and Iran.
Referring to local sources, IRNA shared a video clip that it claims shows the downing of the American F-15 fighter jet in Kuwait.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
Iran's participation in this year's World Cup has been called into question after co-hosts the United States launched joint air strikes at the country along with Israel at the weekend.
American Grandmaster Hikaru Nakamura has criticised the International Chess Federation (FIDE) for its stringent anti-cheating measures at the Candidates Tournament in Cyprus.
The BJP has criticised the Congress party for allegedly prioritising its vote bank and outdated ideologies over India's national interest and citizen safety in its foreign policy approach towards Iran.
The Indian Under-20 men's team has been drawn into Group B alongside Uzbekistan, Syria, and Bangladesh for the AFC U-20 Asian Cup China 2027 Qualifiers, scheduled to take place in Tashkent from August 25 to September 6.
Indian equity benchmark indices experienced a significant drop in early trade, with the BSE Sensex falling over 525 points and the NSE Nifty down more than 164 points, primarily due to rising crude oil prices and ongoing uncertainty surrounding the US-Iran conflict.
Precious metal prices surged in futures trading, with silver hitting Rs 2.93 lakh per kg and gold nearing Rs 1.68 lakh per 10 grams, driven by safe-haven demand following US-Israel strikes in Iran and retaliatory attacks.
A new report suggests China's maritime vulnerability lies in the Strait of Hormuz, not Malacca, creating strategic competition in the Indian Ocean.
'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'
US President Donald Trump said on Thursday the Iranian men's national soccer team was welcome to participate in the 2026 World Cup but that he believed it was not appropriate that they be there "for their own life and safety."
Amid rising tensions, Iran threatens retaliation after the United States confirms sinking its warship, IRIS Dena, in international waters, escalating conflict in the region.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
A social media post by Shehbaz Sharif has triggered widespread debate after an apparent 'draft' message was mistakenly published on X and later edited.
The Israeli Finance Ministry has warned that the ongoing war with Iran could cost Israel an estimated NIS 9.4 billion (USD 3 billion approximately) per week under current restrictions on economic activities.
Despite the escalation in US military action, the War Secretary noted that Iran's missile response has declined in the last 24 hours.
Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.
Indian benchmark indices Sensex and Nifty experienced a decline in early trade, mirroring weak global market trends and persistent outflows from foreign institutional investors (FIIs), exacerbated by ongoing geopolitical uncertainties in West Asia.
The 2026 FIFA World Cup is set to feature a significant generational divide, with players spanning over 25 years in age. Mexico's Gilberto Mora, 17, will be the youngest, while Scotland's Craig Gordon, 43, will be the oldest. The tournament will showcase a mix of emerging talents and seasoned veterans like Cristiano Ronaldo and Luka Modric, with nations like Panama and Ivory Coast representing the oldest and youngest average squads, respectively.
Indian stock market benchmark indices closed higher, driven by strong performance in blue-chip bank shares and a positive trend in global markets, with hopes of progress in US-Iran peace negotiations also contributing to optimism.
Iran launched retaliatory military strikes targeting Israel and American military bases across the region, including in Qatar, the United Arab Emirates, Kuwait, Bahrain and Jordan.
US President Donald Trump and Russian President Vladimir Putin discussed the Iran conflict and its impact on global energy supplies during a phone call.
'Much later when I came to Afghanistan, I realised that there were songs in Bollywood films.'
The Reserve Bank of India (RBI) has kept its key lending rate, the repo rate, unchanged at 5.25 per cent for the second consecutive time, citing concerns over rising energy prices, supply disruptions from the West Asia crisis, and potential inflationary pressures.
External Affairs Minister S Jaishankar and his Iranian counterpart Abbas Araghchi held talks focusing on the West Asia crisis and its impact on energy supplies and maritime stability.
Tensions escalate at the UN Security Council as the US and Israel defend their military actions against Iran, while Iran condemns the strikes as war crimes, raising fears of a wider Middle East conflict.
Iran is observing 40 days of public mourning following the death of Ayatollah Ali Khamenei, Reuters reported, citing Iranian state media.
External Affairs Minister S Jaishankar addressed the Rajya Sabha on India's position regarding the escalating conflict in West Asia, emphasising the need for peace, dialogue, and the safety of civilians, while also prioritising India's energy security and trade interests.
India has expressed serious concerns about the West Asia crisis and its potential impact on energy supplies and maritime stability, urging BRICS nations to find practical solutions to geopolitical challenges and unilateral sanctions.
Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.
The IRGC also warned residents to evacuate areas near military bases, security centres and government facilities.
