Indian stock market investors are closely monitoring crude oil prices, geopolitical developments in West Asia, and the implications of the US Sanctioning Russia and Iran Act, which could impose tariffs on countries, including India, that purchase Russian crude.
Prime Minister Narendra Modi and US President Donald Trump held a telephone conversation to review progress in bilateral ties, covering trade, defence, and energy, against the backdrop of heightened trade friction due to the 'Lindsey O. Graham Sanctioning Russia and Iran Act of 2026'.
Donald Trump has issued a severe warning to Iran, threatening 'decimation' with '1,000 missiles' if the nation pursues alleged assassination plots against him, while Iranian officials accuse the US of violating a MoU amidst ongoing diplomatic talks.
India has issued a new advisory for its citizens in Saudi Arabia, urging them to follow local instructions, stay indoors during aerial attacks, and be aware of ongoing flight disruptions. The advisory follows an October 10 attack on Riyadh airport that injured several Indians, with some still hospitalised. Major Indian airlines have cancelled flights to Saudi cities until late October, impacting travellers and Umrah pilgrims.
Indian benchmark indices Sensex and Nifty rebounded in early trade after two days of losses, driven by easing crude oil prices and strong buying in blue-chip IT stocks, despite continued global uncertainties. Track Sensex, Nifty on September 30.
Indian equities, particularly the Nifty 50, have significantly underperformed their Asian and global counterparts over the past year, with the index down 10.6 per cent. This lag is attributed to factors like rising global oil prices, rupee depreciation, and a lack of participation in the global chipmaker rally that boosted markets like South Korea and Taiwan.
India has advised its nationals in Saudi Arabia to 'remain calm and vigilant' due to an evolving security situation, including drone and missile attacks by Yemen's Iran-backed Houthi rebels, which recently resulted in the death of an Indian national and injuries to several others.
Former US National Security Adviser John Bolton has stated that China is not prepared to back India's bid for a permanent seat on the UN Security Council. He highlighted that any expansion of permanent membership would require a UN Charter amendment, which China could veto. Bolton also discussed the broader institutional challenges facing the UN and suggested that regime change in Iran is crucial for long-term stability in West Asia, linking Houthi attacks to Iran's "ring of fire" strategy.
Indian women's doubles pairs Sreeja Akula-Syndrela Das and Yashaswini Ghorpade-Diya Chitale have advanced to the pre-quarterfinals of the table tennis competition at the Asian Games after securing dominant wins over their respective opponents.
India has strongly condemned the recent Houthi militant attacks on two Saudi Arabian airports, asserting that the targeting of civilian infrastructure is completely unacceptable.
Indian wrestler Sujeet Kalkal has advanced to the men's 65kg semifinals at the Asian Games after securing two dominant victories, including a technical superiority win against Iran's Abbas Ebrahimzadehsavadkouhi. Meanwhile, three other Indian wrestlers faced early exits from the competition.
Indian boxers Kapil Pokhariya (90kg) and Priya Ghanghas (60kg) have advanced to the quarterfinals at the Asian Games after dominant victories. However, Jadumani Singh (55kg) was eliminated after a loss to Tokyo Olympics silver-medallist Carlo Paalam.
'Actual implementation of the 14-point agreement is proving hard to achieve let alone striking and sustaining a long-term treaty or deal.'
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, primarily driven by elevated crude oil prices due to ongoing West Asia uncertainty and substantial foreign fund outflows. Track Sensex, Nifty on September 29.
The Indian Coast Guard, in a joint operation with the Gujarat ATS, seized 526 kilograms of methamphetamine and heroin valued at over Rs 3,000 crore from an Iranian boat in the Arabian Sea near Lakshadweep. Five Pakistani nationals operating the vessel were detained, and preliminary investigations reveal a transnational smuggling network aiming to deliver the consignment to Tamil Nadu and Punjab.
The latest development comes as diplomatic efforts between Washington and Tehran continue despite renewed hostilities. CNN reported that US and Iranian officials are still working towards a nuclear agreement by mid-August, even as preparations for possible military action have continued in parallel.
Indian table tennis players had a strong showing at the Asian Games, with two women's doubles pairs, Sreeja Akula-Syndrela Das and Yashaswini Ghorpade-Diya Chitale, reaching the pre-quarterfinals. In men's singles, Manush Shah and Manav Thakkar also advanced to the next rounds.
US President Donald Trump has claimed that Iran has accepted "just about everything" the United States has demanded in ongoing indirect nuclear negotiations, particularly regarding denuclearisation. He also asserted that American forces repeatedly carried out military strikes that crippled Tehran's military infrastructure, including radar installations, and escorted commercial oil tankers through the Strait of Hormuz. Trump dismissed reports of Iran's strength, stating its military and economy were severely weakened.
This article provides a comprehensive schedule for Indian athletes competing at the Asian Games on September 26, 2023. It details events across various sports including athletics, badminton, kabaddi, boxing, hockey, and more, with specific timings in IST.
Indian stock markets experienced a significant downturn, with the Sensex plunging 1,124 points to a six-month low and the Nifty closing below 22,800, driven by surging crude oil prices, escalating geopolitical uncertainties, and weak global market trends.
India's Prachi Choudhary secured a bronze medal in the women's 400m final at the Asian Games in Nagoya, clocking 53.21 seconds. This achievement is particularly significant for Prachi, who expressed her satisfaction in proving her capability in individual events, having previously been told she was only strong in relays. She also mentioned her familiarity with rainy conditions, which were present during the event.
As Qatari negotiators travel to Iran in an effort to ease tensions and create conditions for the resumption of US-Iran talks following the recent military escalation between them, US President Donald Trump on Friday said that Washington has agreed to continue talks with the Islamic Republic following Tehran's request but reiterated that the US still considers the ceasefire between the two sides to be "over".
Iran has extended an invitation to Congress president Mallikarjun Kharge and other party leaders, including Salman Khurshid and Pawan Khera, to attend the burial ceremonies of its late supreme leader Ayatollah Ali Khamenei. The ceremonies are scheduled from July 5 to 9 across various Iranian cities. India will also be represented by Minister of State for External Affairs Pabitra Margherita and Bihar Governor Ata Hasnain.
India's wrestling campaign at the Asian Games will be spearheaded by Sujeet Kalkal, Antim Panghal, and Aman Sehrawat, all of whom face challenging draws. Sujeet is in red-hot form but could meet Olympic champion Kotaro Kiyooka, while Antim Panghal eyes a strong performance against Zhang Jin. Olympic medallist Aman Sehrawat also has a tough path, potentially facing another Olympic medallist early on. The wider Indian contingent also features medal hopefuls across freestyle, women's, and Greco-Roman categories.
The United States conducted retaliatory strikes against Iran, targeting over 80 sites, after accusing Tehran of attacking commercial vessels in the Strait of Hormuz, while Iran condemned the US decision to revoke a temporary suspension of sanctions on Iranian oil sales.
US President Donald Trump has declared the ceasefire agreement with Iran effectively concluded, stating he no longer wishes to engage in diplomatic dealings with Tehran and labelling Iranians as 'liars, cheats and sick people' following recent military actions.
It is an unusual choice to depute a retired general for the funeral of a revered religious figure but a thoughtful one in an attempt to inject verve into the bilateral relationship and restore the equilibrium in India's West Asian policies, notes Ambassador M K Bhadrakumar.
US President Donald Trump has abruptly withdrawn from a peace deal with Iran, citing fresh intelligence of Iranian assaults on commercial vessels in the Strait of Hormuz. The decision, made just a fortnight after celebrating the deal, has led to a significant military escalation in the region, with the US launching extensive counter-operations against Iranian military infrastructure.
Pakistan and Turkiye have agreed to deploy military forces in Saudi Arabia as part of the Makkah Alliance for Defence. This decision follows recent attacks by Houthi rebels and aims to strengthen collective deterrence against threats to Saudi Arabia. The alliance, formed in August, considers an attack on one member as an attack on all.
Belgium, who missed a slew of scoring chances against Iran on Sunday, have taken only two points from their opening two matches despite entering the tournament as favourites to progress from the group.
Indian benchmark indices, Sensex and Nifty, surged over 1 per cent, recovering from two days of losses, driven by a strong rally in IT stocks, particularly TCS, and a moderation in global crude oil prices.
China continues to lead the Asian Games medals tally after Day 13, with Japan and South Korea following. India is currently in fifth position with 76 medals.
Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.
Defending champions Indian men's and women's kabaddi teams have made strong starts to their Asian Games campaign, securing decisive victories over Japan and Bangladesh in their respective opening matches. The men's team defeated hosts Japan 49-24, while the women's team overcame Bangladesh 42-21.
US President Donald Trump has announced an immediate "energy ceasefire" between Russia and Ukraine, noting that both the warring nations have agreed to the truce.
Sujeet Kalkal clinched the Asian Games gold medal in the men's 65kg wrestling category, overcoming strong rivals including an Olympic champion. He demonstrated remarkable resilience by coming from behind in the final to secure his first Asian Games title.
India's men's and women's table tennis teams have both secured their spots in the quarterfinals of the Asian Games after achieving dominant 3-0 victories over their Pakistani counterparts.
Torn between loyalty to their comrades and disillusionment towards the cause for which they are fighting, they are beginning to cave in. Morale has been the casualty, points out Vice Admiral Biswajit Dasgupta (retd).
Iran's Persian Gulf Strait Authority (PGSA) has declared the Strait of Hormuz closed due to 'recent illegal movements' by the US military, demanding transit permits, while the US Central Command (CENTCOM) insists the strait is 'open to all vessels' and vows to ensure 'freedom of navigation'.
Iranian Foreign Minister Seyed Abbas Araghchi mocked US President Donald Trump's claim of the US being the 'guardian' of the Strait of Hormuz, asserting that Iran has always been and will remain the sole guardian, while also suggesting that any entity providing security should be compensated, though Trump's proposed '20 per cent' levy is 'too much'.
