A US Air Force officer was rescued from deep inside Iran after his jet was shot down, following a two-day mission involving US Special Operations forces. The officer evaded Iranian forces for over 24 hours, hiding in a mountain crevice and hiking to high altitudes before being rescued.
A US-sanctioned tanker carrying Iranian crude oil is heading to India, marking the resumption of oil imports from Iran after seven years.
'Historically, India has depended on the Middle Eastern Gulf for nearly 90 per cent of its LPG imports. Shifting to alternative suppliers is not something that can happen quickly.'
The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.
The Indian rupee appreciated by 23 paise to settle at 92.91 against the US dollar, driven by a weakening American currency, retreating crude oil prices, and renewed foreign institutional investor (FII) inflows amid increasing hopes of easing geopolitical tensions.
Indian benchmark indices Sensex and Nifty rallied nearly 1 per cent, driven by optimism over easing geopolitical tensions in the Middle East and fresh foreign fund inflows, with the Sensex gaining over 500 points.
India's fertiliser subsidy bill for the current financial year (FY27) is projected to increase by approximately 20% due to surging global prices, primarily driven by the West Asia crisis, a senior official confirmed. Despite this, retail prices for urea and di-ammonium phosphate (DAP) will remain unchanged, ensuring adequate supply for the kharif season.
The United States has extended a waiver from sanctions to allow countries to buy petroleum products from Russia by a month, days after it ruled out renewal of the special measure.
Indian equity benchmarks, Sensex and Nifty, ended lower after a spectacular rally, with the Sensex tumbling 931 points, as renewed tensions in West Asia, particularly the risk to the ceasefire deal after Iran closed the Strait of Hormuz, dampened investor optimism.
A convoy of India-bound ships carrying crude oil and gas was stopped by the Iranian Revolutionary Guard Corps (IRGC) in the Strait of Hormuz, leading to several vessels returning to the Persian Gulf.
Trump may strike. He may announce productive talks and extend again. He may do both at the same time. Iran will not open the Strait on someone else's terms, so no matter what happens, that problem will remain unsolved. And the IRGC will still be collecting its $2 million toll from every ship bold enough to ask permission to pass.
A top Iranian intelligence official was killed in an attack, with the Revolutionary Guard blaming the United States and Israel. The incident occurs amid escalating regional tensions, including IDF strikes on Hezbollah infrastructure and ongoing operations in Lebanon.
Airfares to Southeast Asia have surged 25 to 30 per cent, driven by high demand and limited airline seat capacity.
Indian benchmark equity indices, Sensex and Nifty, snapped a three-day rally, tumbling nearly 1 per cent due to heavy selling in IT stocks, a jump in crude oil prices, foreign fund outflows, and fears of prolonged instability in West Asia.
In a sharp escalation of regional tensions, US President Donald Trump issued a fresh warning to Tehran on Monday, asserting that the American military is prepared to sink any Iranian vessels that approach the newly established naval blockade in the Strait of Hormuz.
The United States Special Forces have rescued the second F-15 crew member alive, who went missing after Iran downed the jet amid the West Asia conflict, President Donald Trump has confirmed.
Spokesperson of the Ministry of Foreign Affairs of China, Lin Jian, said on Wednesday that China supports Iran in maintaining its stability, adding that Beijing has always opposed the interference in other countries' internal affairs and the use of force in international relations.
An Indian-flagged crude tanker safely departed from the UAE's Fujairah after loading oil, despite an attack on the oil terminal. The Indian government is closely monitoring the situation in West Asia to ensure stable fuel supplies and maritime safety.
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.
New York City Mayor Zohran Mamdani said he would encourage King Charles III to return the Koh-i-Noor diamond.
Government sources indicate a potential increase in petrol and diesel prices due to rising global crude oil costs and losses incurred from a prolonged freeze on retail rates.
Iran has rejected United States allegations that it is preparing attacks on American facilities, alleging that Washington, DC is attempting to escalate tensions in West Asia, Iranian state broadcaster Press TV reported.
Iranian officials allege a US airstrike on Mashhad airport damaged a Mahan Air plane set to collect vital medical aid from India.
India has refuted claims of payment issues hindering crude oil imports from Iran, clarifying that refiners have the flexibility to source oil from various global suppliers. The Ministry of Petroleum and Natural Gas addressed reports of a tanker rerouting to China, emphasising standard industry practices and secured oil requirements.
Disciplined investors who ignore short-term fear build significant long-term wealth, notes Ramalingam Kalirajan
Residents across the Gulf region, including the UAE, Bahrain, and Qatar, experienced fear and disruption following attacks, leading to flight suspensions and heightened security measures.
Over 230 Iranian sailors were repatriated from Sri Lanka after incidents involving two naval vessels, including a reported US submarine attack and an engine failure.
The diagnostics sector is projected to significantly outperform other healthcare segments like pharmaceuticals and hospitals in Q4FY26, driven by increasing volumes, stable realisations, and a domestic focus that insulates it from geopolitical risks.
Gold and silver prices saw a significant decline in the national capital, with silver falling by Rs 7,800 to Rs 2.43 lakh per kilogram and gold by Rs 1,500 to Rs 1.54 lakh per 10 grams, as investors booked profits amid persistent doubts over the durability of the West Asia ceasefire.
Israel has strongly condemned Pakistan Defence Minister Khawaja Asif's "outrageous" remarks calling for Israel's annihilation and labelling it "evil" and a "curse for humanity", raising doubts about Pakistan's role as a "neutral arbiter" for peace.
US President Donald Trump has claimed that a significant number of Iranian military officials were killed during a "massive strike" conducted in Tehran.
The government is identifying households with both liquefied petroleum gas (LPG) and piped natural gas (PNG) connections to enforce a ban on dual ownership, aiming to curb misuse and better target subsidies amid global energy supply disruptions.
New York City Mayor Zohran Mamdani has called on King Charles III to return the Koh-i-Noor diamond, a contentious issue between India and the UK.
New York City Mayor Zohran Mamdani has called on King Charles III to return the Koh-i-Noor diamond, a contentious issue between India and the UK.
India has strongly advised its nationals to avoid travelling to Iran due to the deteriorating security situation and widespread anti-government protests.
Following attacks in West Asia, hundreds of Indians, including prominent personalities, are stranded in Dubai and other key hub airports due to flight disruptions, prompting appeals for government assistance.
Mirabai Chanu will miss the Asian Championships due to a shoulder injury sustained during the National Championships. Komal Kohar is expected to replace her in the Indian team.
'Every day the meter is ticking. Like a time bomb.' Shipping giants are billing Indian exporters up to $3,000 per container in war surcharges -- on cargo that sailed before the war began -- as the Strait of Hormuz shuts down.
Earlier in the day, the ministry of external affairs "strongly advised" Indians to avoid travel to Iran until further notice, amid rising tensions and protests in the Islamic Republic.
According to a report in the New York Times, United States President Donald Trump has been briefed in recent days on a range of military options targeting Iran.
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