US and Iran officials have reportedly agreed to de-escalate tensions and ensure free passage through the Strait of Hormuz, with technical talks scheduled to continue. This development follows months of conflict, rising gas prices, and strained diplomatic relations, marked by recent retaliatory strikes and threats from both sides. Further discussions on Iran's nuclear program are set to take place in Qatar, highlighting ongoing diplomatic efforts despite recent volatility.
The United States military has intercepted and destroyed two Iranian attack drones that posed an immediate hazard to commercial shipping lanes in the Strait of Hormuz, according to an official statement by the US Central Command late Saturday.
Harry Kane scored twice, including a 75th-minute equaliser and a late winner against DR Congo, to guide England into the last 16 with their first World Cup comeback victory since 1990.
Indian benchmark indices, Sensex and Nifty, bounced back significantly after two days of losses, with the Sensex climbing 443.97 points to settle at 76,922.64, driven by positive global market trends and a drop in crude oil prices.
Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.
A procession marking Ambedkar Jayanti in Kasganj, Uttar Pradesh, was disrupted by stone pelting, leading to injuries and detentions. Police are investigating the incident.
Crude oil prices have surged to record highs due to escalating tensions between the US and Iran, raising concerns about supply disruptions and market volatility.
A dominant 6-0 victory for Canada over Qatar in a World Cup 2026 Group B match in Vancouver was marred by a heated post-game confrontation between players and coaching staffs. Tensions escalated after two red cards for Qatar and Canada's continued attacking play, leading to a fiery exchange between coaches Jesse Marsch and Julen Lopetegui.
A statue of Dr. Bhim Rao Ambedkar was desecrated in Vehalna village, Muzaffarnagar, Uttar Pradesh, leading to heightened security measures and a police investigation.
Nayara Energy, India's largest private fuel retailer, has reduced petrol prices by Rs 5 per litre and diesel by Rs 3 per litre nationwide, marking the first such cut in over two years. This reduction follows easing tensions in West Asia and stabilised international crude oil prices, though public sector retailers have not yet followed suit.
A protest march by KSU activists in Malappuram, Kerala, demanding justice for a BDS student's death in Kannur, turned tense as activists clashed with police and briefly blocked a national highway.
A coalition of 14 Meitei civil society organisations in Manipur has urged Governor Ajay Kumar Bhalla to implement a National Register of Citizens before the 2027 Census, arguing it is crucial for resolving the state's ongoing ethnic conflict and identifying 'illegal migrants'.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Uncertainty surrounds the planned second round of peace talks between the US and Iran in Islamabad, as both sides engage in brinkmanship. Despite Pakistan's security preparations, Iran has yet to confirm its attendance, citing a lack of seriousness from the US in pursuing diplomacy and violations of the ceasefire.
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.
Foreign investors have aggressively sold off Indian equities, withdrawing over 48,213 crore in the first 10 days of April, following a record 1.17 lakh crore outflow in March, driven by escalating geopolitical tensions in West Asia, rising crude oil prices, and global inflation concerns.
The Indian stock market's movement this week will be significantly influenced by the outcome of US-Iran talks, global crude oil prices, and the trading activities of foreign institutional investors (FIIs), according to market analysts.
Danish brewing giant Carlsberg has confidentially filed draft papers with India's markets regulator Sebi for an initial public offering (IPO) of its Indian business, joining a growing list of multinational companies looking to tap India's equity markets.
Iran's football coach, Amir Ghalenoei, has strongly criticised the United States for imposing travel restrictions on his team during the World Cup, claiming it unfairly hampered their preparation and performance.
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.
Iran's Football Federation will lodge an official protest with FIFA after the United States reportedly denied the national team's request to travel to Los Angeles two days before their FIFA World Cup 2026 Group G match against Belgium, citing geopolitical tensions and previous visa issues.
A first World Cup win for seven-times African champions Egypt, 92 years after their debut, put them in charge though Iran's dogged performances in draws with Belgium and New Zealand means victory could also see them top Group G.
A caste recalibration is simmering just below the surface in UP.
Despite outward displays of cordiality, a formal visit by King Charles III to the US revealed underlying tensions between the leaders, highlighted by subtle rebukes and contrasting views on key issues.
Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.
'It's not OK to get physical on the field, whatever the provocation'.
TMC MP Mahua Moitra alleged that BJP workers hurled eggs and raised slogans against her during a protest in West Bengal's Nadia district. She accused the BJP of orchestrating the incident, which occurred outside a party MLA's residence. This follows a similar incident in June where BJP Mahila Morcha workers allegedly attempted to attack her.
India's finance ministry anticipates inflation will remain relatively contained in the coming months, supported by a correction in crude oil prices and softening input costs following the cessation of the West Asia conflict, despite earlier spikes in wholesale and retail inflation.
The FIFA World Cup trophy's gold content has more than doubled in value since 2022, now estimated at USD 713,000, driven by a broader rally in gold prices due to geopolitical tensions and economic uncertainty. This makes it the most valuable sporting trophy by melt value, significantly surpassing other major awards like the Champions League and American sports trophies.
Indian benchmark equity indices, Sensex and Nifty, rebounded nearly 1 per cent, with the Sensex jumping 790.54 points to 76,991.22, driven by softening crude oil prices and strong buying in banking, financial, and IT shares.
In a major shift in Middle Eastern energy and security dynamics, the US Department of the Treasury on Monday issued a temporary 60-day general licence authorising transactions related to the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products.
Indian stock markets are set to be influenced by ongoing developments in the US-Iran conflict, fluctuations in crude oil prices, and the latest quarterly earnings reports from major corporates, with foreign investor activity also playing a crucial role.
In a significant diplomatic development, US and Iranian negotiators have reportedly reached a tentative 60-day memorandum of understanding (MoU) aimed at extending a fragile ceasefire and paving the way for formal talks regarding Iran's nuclear programme.
Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.
The government will lift restrictions on the sale of petrol and diesel to commercial and industrial consumers from July 1, easing emergency measures imposed to manage fuel supplies.
Iran's World Cup team conducted open training in Tijuana, Mexico, after relocating their base camp due to geopolitical tensions.
Iranian Foreign Minister Seyed Abbas Araghchi spoke with Indian counterpart S Jaishankar to discuss the West Asia crisis, following discussions with Russian President Vladimir Putin.
Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.
A Christian worship centre in Omallur, Kerala, faced protests from BJP workers following allegations that staff members assaulted a 17-year-old boy. Police have arrested three individuals, including the manager, after a Child Welfare Committee inquiry indicated potential exploitation of children housed at the facility.
India's dual pursuit of a robust strategic partnership with Washington and a pragmatic, tension-management policy with Beijing represents the essence of modern multi-alignment. By embracing economic pragmatism, learning to compartmentalize political differences, and engaging in continuous dialogue, India can secure its borders, grow its economy, and contribute to a stable, multipolar Asian century, points out Ambassador Rajasekhar.
