Indian shooters Elavenil Valarivan and Parth Mane secured second place in the 10m air rifle mixed team qualification at the Asian Games 2026, positioning them for a medal contention. China set a new world record in the same event. Separately, Aadhya Tiwari faced a defeat in her opening soft tennis match but aims to recover in her next game.
'In the current environment, India is effectively paying a premium for supply security and diversification.'
The United States has announced new sanctions targeting Iran's 'shadow oil economy,' accusing Tehran of using illicit oil revenues to fund the Islamic Revolutionary Guard Corps (IRGC) and its regional activities.
The signing of the US-Iran deal to end the conflict in West Asia has been delayed by a few hours due to Israel's strikes on Hezbollah targets in Beirut, US President Donald Trump told local media in Washington, DC.
President Donald Trump has announced a promise to issue a USD 5,000 dividend to every adult US citizen if Republicans secure victory in both the House and the Senate in the upcoming midterm elections, citing the nation's economic success under his administration.
Indian archers Dhiraj Bommadevara and Chikitha Taniparthi delivered exceptional performances at the Asian Games archery qualification, topping individual recurve and compound events respectively. Their strong showing also secured high team seedings, setting India up for a promising medal hunt, especially in compound events where they are defending champions.
Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.
The Indian women's table tennis team achieved a remarkable 3-2 comeback victory against Singapore in their Group F match at the Asian Games. After trailing 1-2, Sreeja Akula and Yashaswini Ghorpade secured crucial wins to clinch the tie. Both the men's and women's teams also started their campaigns with dominant 3-0 wins over Indonesia.
A US-Iran memorandum of understanding is set to be signed, outlining sanctions relief, the reopening of the Strait of Hormuz, and a 60-day negotiation window for Iran's uranium enrichment, but US President Donald Trump has underscored the deal's conditional nature, warning of military action if Tehran fails to comply.
Qatar remains committed to hosting November's MotoGP and Formula One races despite regional uncertainty, with Lusail preparations continuing and Formula One set to decide the race's fate.
In a major operational milestone, US fifth-generation F-35 stealth fighter jets are set to participate in joint combat drills alongside the Indian Air Force (IAF) for the first time during the upcoming multinational air exercise Tarang Shakti 2026.
India's economy recorded a robust 7.8 per cent growth in the April-June quarter of fiscal year 2026-27, surpassing both market expectations and the Reserve Bank of India's forecast. This strong performance positions India as the world's fastest-growing major economy, demonstrating resilience despite global economic uncertainties and geopolitical tensions, including the conflict in Iran. The Ministry of Statistics and Programme Implementation highlighted the sustained growth momentum amidst global headwinds.
Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
India is hosting the BRICS summit, leveraging the platform to address global trade tensions and champion the developmental priorities of the Global South, including food, energy, and supply chain security. The summit, attended by leaders like President Xi Jinping and Vladimir Putin, will focus on resilience, innovation, cooperation, and sustainability, with India aiming to strengthen intra-BRICS collaboration and discuss global matters. The expanded BRICS grouping represents a significant portion of the world's population and GDP, making its discussions crucial for global economic stability.
Trump further alleged that Iran was behind the attacks on three vessels carrying Indian seafarers near the Hormuz Strait, which resulted in the deaths of three, despite the US Central Command having confirmed that the strikes were carried out by American naval forces, calling the incident "totally unacceptable."
US President Donald Trump and Pakistan Prime Minister Shehbaz Sharif have announced a landmark peace deal between the US and Iran, which includes the crucial reopening of the strategically important Strait of Hormuz and the immediate cessation of military operations in Lebanon.
Any military response to a cross-border terror attack from Pakistan will have to take into account the new alignments beginning to take shape in the region, points out former foreign secretary Shyam Saran.
Gold prices in India extended their losing streak, falling by Rs 1,500 to Rs 1,60,900 per 10 grams, influenced by hawkish remarks from Federal Reserve Chair Kevin Warsh and rising oil prices, which have increased expectations of an interest rate hike.
The Indian table tennis team, featuring strong contenders like the men's doubles pair of Manush Shah and Manav Thakkar, has commenced its Asian Games campaign in Nagoya with aspirations of securing at least one medal. Both men's and women's teams are in Group F, facing Indonesia and other opponents. The team, a mix of experienced players and rising stars like Syndrela Das, is confident after acclimatising to the conditions.
Indian stock markets extended their gains for a second consecutive session, with the Sensex closing 736 points higher, driven by a global equity rally and a significant drop in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.
The White House has not announced any decision following US President Donald Trump's meeting with his national security team regarding Iran, despite Trump's earlier indication that the discussion would lead to a 'final determination' on the matter.
Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.
For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.
Instead of pride, many Iranian-Americans feel shame about the Iran team's participation in the World Cup and are demanding that FIFA boots the country out of the competition, protesters said in Los Angeles on Wednesday.
Hours after warning that the United States could strike Iran "very hard tonight", President Donald Trump announced to halt planned military action, despite earlier threats to target Kharg Island and other key Iranian oil facilities.
In a lengthy post on Truth Social, Trump said negotiations with Iran were 'proceeding nicely' and argued that several Muslim and Arab nations should formally recognise Israel and join the Abraham Accords once a deal is reached.
India's athletics campaign at the Asian Games saw Sawan Barwal secure an unexpected silver in the marathon with a national record, while Tajinderpal Singh Toor also claimed silver in shot put. Prachi Chaudhary added a bronze in quarter-mile, bringing India's athletics medal tally to eight. The day also saw injuries to medal contenders Jyothi Yarraji and Praveen Chithravel.
Indian benchmark indices Sensex and Nifty surged significantly in early trade, tracking a global rally fueled by US President Donald Trump's declaration of an end to the war with Iran and a subsequent drop in crude oil prices.
Donald Trump expressed optimism about securing an agreement with Tehran to prolong a truce and restore transit through a strategic maritime chokepoint within the next week, even as he criticised political opponents and the media for what he described as their tendency to distort outcomes, even in a hypothetical scenario of complete Iranian military surrender.
Iranian Foreign Ministry spokesperson Esmail Baghaei stated that Iran is instead working with Oman to establish a mechanism for the safe passage of ships through the Strait.
US Vice President JD Vance on Friday dismissed reports suggesting that Iran would receive financial incentives merely for signing the peace deal between Washington and Tehran aimed at ending the hostilities in West Asia, calling such claims "fake information".
Chinese President Xi Jinping is set to visit the United States from September 23 to 25 for summit talks with US President Donald Trump, with discussions expected to cover critical economic and trade issues, including AI, and the recently signed US sanctions law targeting countries buying Russian oil and gas.
Amid ongoing ceasefire negotiations, Israel is on high alert, fearing a potential surprise missile and drone attack from Iran targeting Gulf countries and Israel, according to intelligence officials.
US President Donald Trump is reportedly considering launching fresh strikes against Iran if ongoing negotiations fail to produce a peace deal, according to US media outlet Axios. This development comes as diplomatic efforts continue, with Pakistan and Qatar attempting to broker an agreement.
Top US and Chinese officials, including Vice Premier He Lifeng and Treasury Secretary Scott Bessent, held "candid, in-depth and constructive" talks in New York on economic and trade issues, with a specific focus on artificial intelligence. These discussions precede Chinese President Xi Jinping's anticipated visit to Washington and occur amidst new US sanctions targeting countries purchasing Russian oil and gas, and the US unveiling an "AI Force."
Indian athletes are set for a packed day of competition at the Asian Games, participating in various sports including athletics, boxing, canoe sprint, hockey, kabaddi, rowing, shooting, squash, swimming, table tennis, and wushu. Several medal events are scheduled in rowing and shooting, with key matches in team sports like hockey and kabaddi.
Austria and Algeria played out a dramatic 3-3 draw in their final World Cup Group J match, with two stoppage-time goals ensuring both teams progressed to the Round of 32, while eliminating Iran. Argentina topped the group, with Austria finishing second and Algeria advancing as a best third-placed side.
Pakistan's Interior Minister Mohsin Naqvi visited Tehran for the third time recently to mediate peace amidst rising tensions between the US and Iran. Pakistan is actively leading diplomatic efforts to de-escalate the conflict in West Asia, which has impacted global energy markets and trade.
Oil prices are expected to remain elevated due to disruptions in the Strait of Hormuz, with both the US Energy Information Administration (EIA) and Rabobank International forecasting firm prices and a potential surge above $100 a barrel if disruptions worsen.
