Foreign Ministers from Pakistan, Saudi Arabia, Turkiye, and Egypt convened in Antalya to explore avenues for enhanced cooperation across various sectors of mutual interest, reaffirming their commitment to regional peace and stability.
Mojtaba Khamenei, son of Iran's Supreme Leader, is reportedly recovering from injuries sustained in an attack. Reports indicate he is participating in meetings and decision-making despite his condition.
'FPIs are unlikely to return unless there is equilibrium between valuation premium and earnings growth.'
'In a volatile global market, India is pursuing a low-risk, low-return policy, akin to a SIP -- slow, steady investment.' 'Pakistan is following a high-risk, high-return policy.'
British Prime Minister Keir Starmer visited the site of a terrorist attack in London where two Jewish men were stabbed and addressed the rise of antisemitism in the UK.
China is significantly expanding its nuclear power sector, aiming to become a global leader by 2030. The country has the capacity to construct up to 50 nuclear reactors simultaneously, reducing reliance on fossil fuels.
The intriguing bit is that Trump is likely to attend the talks in Islamabad this weekend -- if he does, it will be the clearest signal yet that the US is ready to exit the war with some sort of win to show, since he cannot afford to go for the talks and return empty-handed, notes Prem Panicker in his must read blog on the Iran War
The core issues to be settled -- access to Hormuz, Israel's aggression in Lebanon, the question of Iran's nuclear programme, sanctions relief and compensation -- are thorny enough to require weeks of patient negotiation. The most likely outcome of the opening sessions is that both sides take the measure of each other, establish what is and is not negotiable, and return home without having broken anything. That would count as progress.
Indian benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent, snapping a three-day decline, driven by rallies in Reliance Industries and Sun Pharma, alongside positive global market trends and easing geopolitical tensions.
Government officials are reportedly apprehensive that the 30,000 to 40,000 US troops currently deployed within the region could serve as the primary target of the Islamic Republic in the event of an all-out war.
Trump seems to have estimated that Ghalibaf is a pragmatic politician who is receptive to close relations with the US and is enthusiastic about fostering business and economic ties in particular, points out Ambassador M K Bhadrakumar.
Analysts predict India will face oil price volatility and macroeconomic effects due to the escalating Iran crisis, though the country's oil supply chain is not yet structurally insecure.
A Middle East expert claims that President Trump's approach to Iran is endangering US interests in the Gulf region, with support for the Iranian regime growing amid US-Israel tensions.
Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability for key domestic sectors.
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.
People in Iran have taken to the streets as daily life has become increasingly difficult. Rising prices of food, fuel and basic necessities, job scarcity, and the falling value of money have fuelled wider anger and anti-government unrest in the capital Tehran and other Iranian cities.
Netanyahu asserts that Israel can play a role in helping Iranians achieve political change and cast off tyranny, while acknowledging that the ultimate decision lies with the Iranian people.
India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.
Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, driven by surging global oil prices, continuous outflows by Foreign Institutional Investors (FIIs), and persistent geopolitical uncertainties, particularly in West Asia.
With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.
'Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.'
Trump further reiterated his claim that he ended 'eight wars in 10 months', and said the Russia-Ukraine conflict was the toughest of all.
United States President Donald Trump has said that Iran is under close watch and a 'massive fleet' is heading towards the Gulf region.
United States President Donald Trump warned Iran of potential strikes on its infrastructure, including bridges and electric power plants, saying the US military 'hasn't even started destroying what's left in Iran'.
The Israel Defence Forces (IDF) have conducted a massive military operation targeting more than 200 infrastructure sites within Iran and an additional 140 Hezbollah assets across Lebanon.
Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.
India's largest private refiner, Reliance Industries Ltd, successfully navigated a volatile energy market in the last quarter of FY26 by diversifying crude sourcing and demonstrating operational agility, particularly in response to geopolitical disruptions and cost fluctuations.
The International Cricket Council (ICC) is developing alternate flight plans for players and officials returning from the T20 World Cup following US strikes on Iran.
Russian Foreign Minister Sergei Lavrov will visit Beijing to discuss the West Asia conflict, the Strait of Hormuz blockade, and bilateral relations with Chinese leaders.
'It was diminishing even before Trump came to power.' 'The US was at the centre of the global economy. That position is going to become less and less important and less central.'
'Even if the war ends tomorrow, which is unlikely, and we go back to the pre-war status quo, the world will still need some time to get over the sudden shock of oil price increases.'
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 on Friday referred to the Strait of Hormuz as a potential "gusher" for the world and spoken about "opening it for the world."
High-level peace talks between the US and Iran, facilitated by Pakistan, aim to de-escalate the conflict in West Asia and potentially reshape regional stability.
Yash has confirmed that Toxic will no longer release on June 4, with the team opting to recalibrate its timeline for a globally-coordinated rollout, even as anticipation for the film continues to grow.
One Indian oil tanker successfully crossed the Strait of Hormuz, while others turned back after Iran signalled the waterway's closure, amidst rising tensions and disruptions to global energy flows.
Prime Minister Narendra Modi and US President Donald Trump discussed the West Asia crisis and the importance of keeping the Strait of Hormuz open and secure. They also reviewed progress in bilateral ties and anticipated upcoming deals in the energy sector.
'What we have yet to see on either the US or the Iranian side is willingness to compromise on their ultimate demands and the flexibility to reach an agreement to end the war.
The Indian rupee depreciated by 32 paise to close at 92.83 against the US dollar, influenced by escalating global tensions, particularly the US-Iran conflict, and the deadline for the RBI's instructions to banks to curb overnight positions.
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.
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