Indian benchmark equity indices, Sensex and Nifty, closed lower due to persistent geopolitical tensions in the Middle East and elevated crude oil prices, with investors remaining cautious ahead of fresh US sanctions on Iran.
The ongoing US conflict with Iran has cost the Trump administration an estimated $45.1 billion, according to a Pentagon estimate provided to the US Congress on Friday, CNN reported, citing two sources familiar with the matter.
Pakistan's Defence Minister Khawaja Asif has issued a stern warning that the Makkah Defence Alliance, a newly formed pact between Pakistan, Saudi Arabia, and Turkiye, stands ready to activate its collective defence provisions in response to escalating Houthi attacks on Saudi Arabia.
US President Donald Trump has declared an 'economic D-Day' against Iran, unveiling what he terms the 'most crushing economic operation ever taken' and warning global entities against providing any support to Tehran.
Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.
The Iran national women's kabaddi team conducted a six-day practice camp at the Sports Authority of India's Sonepat centre, engaging in matches against the Indian team and local sides.
US Vice-President J D Vance's unexpected phone call to Prime Minister Narendra Modi on August 8 has ignited speculation about a potential diplomatic overture, possibly seeking India's support amidst the escalating US-Iran conflict and a shifting global power landscape, suggests Ambassador M K Bhadrakumar.
Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.
Indian sprinter Simran has won her second gold medal at the Asian Para Games, triumphing in the women's 100m T12 event with a new Games record of 12.02 seconds on Wednesday. This follows her 200m gold on Tuesday, also achieved with a Games record. Simran, a 26-year-old Paralympics bronze medallist, is making a strong comeback with her new guide.
Indian athlete Ayush Verma clinched a gold medal in the men's shot put F53 event at the Asian Para Games in Nagoya on Wednesday, marking his second medal at the competition.
India's Praveen Kumar clinched a bronze medal in the men's shot put F11 event at the Asian Para Games with a personal-best throw of 13.86 metres. Iranian athletes Amirhossein Alipour and Mahdi Olad secured gold and silver respectively. The F11 category is for athletes with significant visual impairment.
US President Donald Trump has issued a waiver from sanctions under the Sanctioning Russia and Iran Act, citing national interest. This move comes after a deal with Russia for diesel supply and ahead of a US official's visit to India, where concerns about the act's impact on India's oil imports were raised.
Indian javelin thrower Sukhchain secured a bronze medal in the men's F55 event at the Asian Para Games in Nagoya. His throw of 29.94m placed him behind China's Zhou Feifei, who set a new world record, and Iran's Zaker Zafar.
Indian benchmark equity indices, Sensex and Nifty, closed lower for multiple consecutive days, with the Nifty extending its losses to a seventh day, primarily due to elevated crude oil prices following the expiry of the US-Iran ceasefire without a diplomatic resolution.
US President Donald Trump stated that the United States is taking a "low-key" approach towards Iran, focusing on economic pressure rather than military action, amidst ongoing tensions over the Strait of Hormuz. Trump highlighted Iran's worsening economic situation and the impact of the US naval blockade, while negotiations for reopening the Strait remain stalled due to new conditions from Tehran.
Indian wrestler Lalit staged a remarkable comeback to stay in contention for a medal in the 55kg category at the World Wrestling Championship in Astana. Despite trailing significantly, he secured a 9-7 victory. However, three other Indian Greco Roman wrestlers, Harsh, Lovepreet Singh, and Prince, were eliminated on the opening day.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, with the ongoing US-Iran standoff cited as a major factor impacting investor sentiment and raising concerns about inflationary pressures and currency volatility for oil-importing nations like India. Track Sensex, Nifty on August 14, 2026.
India's Pradeep Kumar secured a silver medal and Ayush Verma won a bronze in the men's javelin throw F53/54 event at the Asian Para Games on Tuesday. Pradeep achieved a personal best of 27.45m, while Ayush's bronze was aided by Raza points due to his higher disability classification. Iran's Erfan Bandori won gold.
The United States has launched a fresh wave of airstrikes against Iran's Islamic Revolutionary Guard Corps (IRGC) in response to a deadly attack in Jordan that claimed the lives of two American service members, aiming to curb Tehran's maritime threats.
A proposed deal between Iran and Oman could grant Tehran control over vessels entering the Gulf through the Strait of Hormuz, according to a senior Iranian source and two regional officials who spoke to Reuters on Wednesday, in what represents one of the most significant concessions made to Iran to date.
Prime Minister Narendra Modi and Israeli PM Benjamin Netanyahu held a telephone conversation to discuss recent developments in West Asia, emphasising the urgent need for peace and stability. They also reaffirmed their commitment to strengthening the India-Israel Special Strategic Partnership.
United States Secretary of War Pete Hegseth has rejected a CNN report claiming that the Pentagon's missile defence stockpiles have fallen to 'dangerously low levels' amid the conflict with Iran.
US President Donald Trump has announced the cancellation of a planned attack on Iran, contingent on Tehran agreeing to rapidly open the Strait of Hormuz and end its nuclear programme. This decision follows appeals from Middle Eastern countries and includes Israel's commitment, though Iran had previously warned against any "adventurous action" from the US.
The US announced a 60-day pause on sanctions against Russia and tariffs on other countries, including India, to analyse the global economic impact. This decision, made via an executive order by Trump, has drawn significant criticism from both Republicans and Democrats, who had previously passed the Lindsey O. Graham Sanctioning Russia and Iran Act. US officials stated the waiver allows for assessment of global energy pressures and European allies' refusal to impose secondary sanctions on Russian oil buyers.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a bearish trend in global equities, as escalating conflict in West Asia drove up crude oil prices and intensified investor concerns.
Supreme Leader Mojtaba Khamenei has reshuffled Iran's political and national-security establishment, appointing former SNSC Secretary Mohammad Bagher Zolghadr as his political adviser and veteran IRGC commander Mohsen Rezaei as his representative on the Supreme National Security Council, consolidating power amid the West Asia crisis and Strait of Hormuz tensions.
India's Pranav Soorma secured a gold medal with an Asian record in the men's discus throw combined F51/52/53 event at the Asian Para Games in Nagoya on Tuesday. Compatriot Ram Ratan Singh also earned a silver medal in the same event. The placings were determined using the Raza Point System, which accounts for different classifications among athletes.
Reports have surfaced in Israeli media claiming that Iranian supreme leader Mojtaba Khamenei is in critical condition and has been rushed to a hospital.
Donald Trump stated that Iran has been given a "last chance" to reach an agreement, revealing that the US paused a planned military strike after receiving requests from Saudi Arabia, the UAE, Qatar, and Iran to pursue diplomacy instead.
Indian para-athletes Sandeep and Haney delivered stellar performances at the Asian Para Games in Nagoya, securing gold medals and setting new world records in the men's 400m T64 and men's javelin throw F37/38 events respectively. Their achievements, alongside silver medals for Nimisha Chakkungalparambil and Parmod Bijarnia, propelled India's total medal tally to 100 in the ongoing Games.
US President Donald Trump has defended a controversial diesel deal with Russia, stating it aims to stabilise the global market despite bipartisan criticism from US lawmakers. The deal, which eases sanctions on Russian diesel shipments until April 2027, has been criticised as a "gift to our adversary" that finances Russia's war efforts and offers little relief to Americans.
The Indo-Tibetan Border Police (ITBP) is undergoing a significant modernization drive, establishing drone platoons, developing a new 'Strike' course for Galwan-like situations, and constructing underground infrastructure along the Line of Actual Control. This strategic shift, announced by DG Shatrujeet Singh Kapoor, aims to counter China, identified as India's 'biggest adversary,' by embracing modern warfare techniques learned from recent global conflicts.
How US President Donald Trump employed a clandestine 'decoy' Air Force One operation to secretly depart Turkiye following a NATO Summit.
Former US President Donald Trump has issued a stern warning to Iran, stating that "nothing will get through" unless a deal or "total surrender" is achieved, amid escalating tensions and conflicting reports on direct negotiations.
US President Donald Trump has indicated that 'a lot of progress' has been made regarding Iran, suggesting that Tehran has reached out for talks and that developments could become clearer within 48 hours.
Gold futures experienced their seventh consecutive daily decline, falling to Rs 1.5 lakh per 10 grams, driven by escalating military exchanges between the US and Iran which have pushed oil prices higher and intensified concerns over inflation and potential interest rate hikes.
Former US President Donald Trump expressed strong disapproval of Norway and the Nobel Peace Prize committee for not awarding him the prize. Speaking at a rally on Friday, Trump asserted he deserved the award multiple times for his alleged role in settling conflicts and preventing a war between India and Pakistan, while criticising the actual recipient, Navi Pillay.
'If the temperature remains very high, which is likely to be the case because of El Nino, it may lead to a shortfall in wheat production.' 'If that happens, we will be in a very, very difficult situation as far as food security is concerned.'
On September 18, 2026, Tehran witnessed a large military march featuring the feared-by-Iranian civilians Basij militia. Female members carried missile mockups and banners while coffins with images of US President Donald John Trump and Israeli Prime Minister Benjamin Netanyahu were displayed.
Shrishti Arora secured a bronze medal for India in the women's 10m air pistol SH1 event at the Asian Para Games in Nagoya. This marks India's fourth shooting medal at the Games, following earlier successes by Manish Narwal, Mona Agarwal, and Avani Lekhara.
