US President Donald Trump on Friday said that the 'ceasefire' that he got done between India and Pakistan was a favour to their army chief Asim Munir and Prime Minister Shehbaz Sharif.
Amid ongoing ceasefire negotiations, Israel is on high alert, fearing a potential surprise missile and drone attack from Iran targeting Gulf countries and Israel, according to intelligence officials.
Indian benchmark stock indices, Sensex and Nifty, experienced a significant decline for the third consecutive day, with the Sensex tumbling 1,092 points and Nifty closing below 24,550. This downturn was primarily driven by the India Meteorological Department's forecast of a below-normal southwest monsoon and ongoing geopolitical uncertainties surrounding the US-Iran ceasefire arrangement.
The US and Iran have agreed on a roadmap aimed at reaching a final agreement within 60 days after hours-long talks at the Swiss resort of Burgenstock, mediators Qatar and Pakistan said on Monday, describing the progress as "encouraging."
India significantly increased its crude oil imports from Russia and the United Arab Emirates in June, securing supplies as the Strait of Hormuz began to reopen, with Russian barrels remaining attractive due to discounts and UAE supplies offsetting earlier uncertainties.
Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.
The United States and Iran have reached an agreement in principle to immediately and permanently halt all military operations, lift sanctions, and work towards a comprehensive final agreement within 60 days, including a significant reconstruction package for Iran.
Pakistan Prime Minister Shehbaz Sharif announced that Pakistan would host the signing ceremony of a peace agreement between the US and Iran in Switzerland on June 19, calling it a "historic milestone" that ends a 107-day conflict and promises global economic stability.
India has expressed firm opposition to attacks on merchant shipping amidst the ongoing Iran conflict, revealing that several Indian nationals have died or are missing due to these incidents. The nation also called for restraint, de-escalation, and prioritising civilian safety in the region.
A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.
US President Donald Trump on Friday (local time) touted his claims of ending multiple global conflicts after he took charge of the White House and expressed hope that the ongoing Russia-Ukraine war could become the next one resolved, saying he would "love to" make it the tenth.
Indian benchmark indices Sensex and Nifty rebounded in early trade, tracking a recovery in global equity markets and an easing of hostilities between Israel and Iran, after a sharp fall in the previous session.
Iran's Revolutionary Guard Corps (IRGC) has claimed responsibility for strikes on an American base, alleging it was in response to earlier aerial attacks near Bandar Abbas Airport. The incident follows reports of confrontations between Iranian and US forces in the Strait of Hormuz.
The US has warned India that any violation of its naval blockade in the Strait of Hormuz and illicit transport of Iranian oil will not be tolerated, a statement made amidst a diplomatic row over the deaths of Indian seafarers in US attacks on commercial vessels off the coast of Oman.
Pakistan's Interior Minister Mohsin Naqvi visited Tehran for the third time recently to mediate peace amidst rising tensions between the US and Iran. Pakistan is actively leading diplomatic efforts to de-escalate the conflict in West Asia, which has impacted global energy markets and trade.
Pakistan's Interior Minister Mohsin Naqvi has been in Tehran meeting with Iranian officials in an attempt to mediate and resolve the ongoing conflict between the US and Iran. This marks Naqvi's second visit in less than a week as Pakistan seeks to bridge the differences between the two nations and establish long-term stability in the region.
Donald Trump expressed optimism about securing an agreement with Tehran to prolong a truce and restore transit through a strategic maritime chokepoint within the next week, even as he criticised political opponents and the media for what he described as their tendency to distort outcomes, even in a hypothetical scenario of complete Iranian military surrender.
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.
Pakistani security forces killed 27 terrorists belonging to the banned Tehreek-e-Taliban Pakistan (TTP) in multiple operations over the weekend in the country's northwest, officials said on Sunday.
US President Donald Trump has dismissed media reports suggesting that diplomatic negotiations between Washington and Tehran have stalled, maintaining that dialogue persists despite intensifying geopolitical friction across the Middle East.
Donald Trump has dismissed the ceasefire with Iran as being on 'massive life support', signalling continued tensions between the US and Iran amid ongoing negotiations.
Indian benchmark indices Sensex and Nifty closed flat, paring early gains due to renewed hostilities between the US and Iran, which unsettled investor sentiment and led to profit booking in metal, oil & gas, and telecom shares.
Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.
"We're very close. I would say an agreement would be signed on Monday, Tuesday or Wednesday of this coming week. And now this takes place," Trump told Fox News.
Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.
Crude oil prices surged over 3% in futures trade after US President Donald Trump expressed doubts about the Iran ceasefire, reigniting fears of supply disruptions from West Asia and pushing Brent crude above USD 107 per barrel.
US Vice President JD Vance on Friday dismissed reports suggesting that Iran would receive financial incentives merely for signing the peace deal between Washington and Tehran aimed at ending the hostilities in West Asia, calling such claims "fake information".
Donald Trump issued a fresh warning to Iran as negotiations remained deadlocked over uranium stockpiles, sanctions relief and war compensation. The US President's sharp remarks came just hours after Iranian media revealed Washington's core conditions for resuming negotiations.
Pakistani security forces killed four terrorists in North Waziristan, Khyber Pakhtunkhwa province, while two children died in a suspected drone strike in Bajaur district.
Iran has formally turned down a proposal from the United States for a 48-hour ceasefire, according to Al Jazeera, citing reports from the semi-official Fars news agency.
Indian benchmark indices Sensex and Nifty experienced a decline in early trade, mirroring weak global market trends and persistent outflows from foreign institutional investors (FIIs), exacerbated by ongoing geopolitical uncertainties in West Asia.
US President Donald Trump announced that a deal to end the war with Iran would be signed on Sunday, with the strategic Strait of Hormuz immediately becoming 'open to all'. This follows indications from Pakistan that negotiations were in their final stages, though Iran has yet to comment on the timeline.
Pakistan Prime Minister Shehbaz Sharif announced that a US-Iran peace deal is on the verge of finalisation, potentially within the next 24 hours, marking a significant diplomatic breakthrough after months of intense negotiations.
The US has reportedly depleted nearly half of its advanced missile-defence interceptors while defending Israel during recent hostilities with Iran, raising concerns about future readiness.
'The US was well aware of the nationality of the seafarers on board the vessels. It was not hidden. The nationality of those aboard a merchant ship is known to all the ports.' 'So, why did US shoot a missile that resulted in the deaths of the Indian mariners?'
Dozens of US planes carrying ammunition landed in Tel Aviv, raising concerns about potential strikes on Iran. Negotiations between the US and Iran remain deadlocked over key issues, with both sides issuing fresh demands and warnings.
Iran has restored access to a significant portion of its underground missile infrastructure following months of excavation and repair work, highlighting the limits of US bombing strategy.
US President Donald Trump is reportedly considering military action against Iran due to stalled negotiations and Tehran's approach to its nuclear issue, according to CNN sources. Divisions within the Trump administration have emerged over the next course of action, with some officials advocating for a more aggressive approach through targeted military strikes.
Terrorists ambushed and killed four members of a local peace committee in northwest Pakistan's Khyber Pakhtunkhwa province, police said. The attack occurred in Dera Ismail Khan District, with terrorists also abducting a member and seizing weapons. Security forces have launched a search operation.
Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.
