In view of the disruptive situations, the Central government has also announced a financial relief package of Rs 497 crores aimed at helping exporters affected by disruptions in West Asia.
'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.'
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.
Iran's Foreign Ministry has denied reports of planned talks with the United States during a visit to Islamabad, Pakistan, despite US envoys also visiting the region.
Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.
...is a way out, notes Prem Panicker in his must read blog on the Iran War. What the indefinite extension produces is a prolonged condition of not-war-not-peace, in which oil markets cannot stabilise, Asian refineries cannot plan, European governments cannot stop subsidising consumption they cannot afford, and the next flashpoint -- a seized tanker, a miscalculated drone strike, a Truth Social post that claims too much -- is one news cycle away.
India's wholesale price inflation surged to 8.30 per cent in April, up from 3.88 per cent in March, primarily driven by a significant increase in the prices of fuel, power, and crude petroleum, according to data from the commerce and industry ministry.
The clock on the ceasefire is running out. But everyone's already whispering about round two, possibly as soon as this weekend.
The Congress party is still undecided on who will be Kerala's next Chief Minister, even after discussions between party leaders. Several leaders are vying for the position, and the high command is waiting for the political climate to calm down before making an announcement.
US Vice President J D Vance is expected to travel to Islamabad for peace talks with Iran to end the seven-week war, amid a fragile ceasefire and ongoing tensions.
King Charles III reaffirmed the enduring strength of the US-UK alliance, underscored NATO's centrality to global security, and shared light-hearted moments with President Donald Trump during a White House state dinner.
Pakistan has intensified its efforts to bring the US and Iran back to the negotiating table to end the war in West Asia, following President Trump's extension of the ceasefire. Pakistani officials have engaged with Iranian, Turkish, and British counterparts to promote dialogue and diplomacy for a peaceful resolution.
Opposition parties have criticised the AAP government in Punjab following twin blasts in Jalandhar and Amritsar, citing a breakdown in law and order and intelligence systems. The blasts have sparked a political blame game, with accusations flying between the AAP and BJP.
Dabur India's stock has fallen over 17 per cent since the start of the Iran war, driven by concerns over a weak monsoon, the West Asian crisis, and rising input costs, which are expected to impact the company's revenues and margins, particularly affecting its significant rural sales and international markets.
US President Donald Trump's threats against Iran have drawn strong condemnation from Democrat leaders, who are calling for his removal from office, while some Republicans express concern.
...reopen for up to six months. Until then, the Strait stays nearly closed. The world pays. And no one, including the man who started this, can say when it ends, notes Prem Panicker in his must read blog on the Iran War.
India has successfully conducted a flight test of an advanced Agni missile featuring Multiple Independently Targetable Re-entry Vehicle (MIRV) technology off the coast of Odisha.
Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi for gifting 'Melody' toffees to Italian Premier Giorgia Meloni, calling it a 'gimmick' while India faces an 'economic storm'. He accused Modi of prioritising public relations over addressing the struggles of farmers, labourers, and youth, a sentiment echoed by other Congress leaders.
A 62-year-old Indian-origin man, now a US citizen, faces denaturalisation proceedings for allegedly defrauding investors of USD 2.5 million and concealing this from US authorities.
An Iranian delegation, led by Foreign Minister Abbas Araghchi, is expected to arrive in Islamabad for the second round of peace talks with the US, according to Pakistani media reports. This follows a phone call between Deputy Prime Minister Ishaq Dar and Araghchi regarding the US-Iran ceasefire and Pakistan's diplomatic efforts.
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.
US President Donald Trump has again credited himself for ending the conflict between India and Pakistan, asserting Norway controls the Nobel Peace Prize. He claims he deserves the honor for ending eight wars and saving millions of lives.
Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi's call for citizens to make economic sacrifices in response to the West Asia conflict, calling it 'evidence of failure'. Gandhi accused Modi of shifting responsibility onto the public and being incapable of running the country.
The BRICS foreign ministers' meeting in New Delhi concluded without a joint statement due to disagreements over the West Asia conflict, with Iran blaming the UAE for the lack of consensus. India, as the host, issued a chair's statement highlighting the differing views.
Prime Minister Narendra Modi has urged for restraint in the use of petro products due to the West Asia crisis, emphasising the need to save foreign exchange and reduce the impact of war. He also highlighted India's progress in solar power and ethanol blending, while assuring support to Telangana's development.
The Ministry of Information and Broadcasting has advised ZEE5 not to release 'Lawrence of Punjab', a docu-series on gangster Lawrence Bishnoi, after the Punjab Police expressed apprehension that it posed a risk to public order.
Amul and Mother Dairy, India's largest dairy product retailers, have increased milk prices by Rs 2 per litre, marking the second such hike in 13 months. This move is expected to intensify inflationary pressures, already fuelled by global conflicts, and will impact household budgets across the country.
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 Chhatrapati Sambhajinagar Municipal Corporation demolished alleged illegal constructions at the residence and other properties of AIMIM corporator Matin Patel, who is accused of harbouring Nida Khan, wanted in connection with a TCS case.
Punjab's Leader of Opposition, Partap Singh Bajwa, has criticised the government's conflicting statements regarding recent blasts, calling for transparency and accountability instead of political theatrics.
Iran has submitted a fresh proposal to regional intermediaries offering to cease its military operations in the Strait of Hormuz, contingent upon a complete cessation of hostilities and the removal of the US blockade on Iranian maritime hubs.
The 2026 Asian Senior Weightlifting Championships, featuring athletes from 30 countries, will be held in Gandhinagar from May 11 to 17. The event serves as a qualifier for the 2026 Commonwealth Games.
India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.
Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.
Former CPI(M) leader G Sudhakaran, now an Independent MLA backed by the UDF, has criticised Left leaders for targeting him over his late brother Bhuvaneswaran, considered a party martyr. Sudhakaran claims the CPI(M) lost votes by politicising Bhuvaneswaran's memory during the election campaign.
'As result, Netanyahu 'convinced' Trump to go to war with the help of overoptimistic Israeli intelligence assessments, essentially explaining to him that they only need to bomb Iran for 3-4 days, and the regime would then collapse.' 'Rather unsurprisingly, Netanyahu is ever since blaming his own intel service for the entire operation failing.'
Pakistan launched a retaliatory operation, 'Ghazab lil Haq,' against the Afghan Taliban following alleged border attacks, resulting in reported casualties and destruction of Taliban infrastructure.
The Revolutionary Socialist Party (RSP), a key ally in the United Democratic Front (UDF) coalition, has voiced its discontent with the Congress party over the prolonged delay in selecting a Chief Minister for Kerala, describing the situation as a 'political uncertainty' that is 'unfortunate'.
Despite a ceasefire agreement between Iran and the United States, the Strait of Hormuz remains blocked due to Iran's inability to locate and remove all the mines it laid during the conflict, hindering global oil and gas supplies.
India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.