Indian benchmark equity indices Sensex and Nifty closed higher, recovering from previous losses, driven by a global market rebound, a pause in Israel-Iran hostilities, and a rally in bank stocks.
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."
US Special Envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi are reportedly heading to Switzerland for a new round of US-Iran negotiations, following a recently announced memorandum of understanding to end hostilities in West Asia and a ceasefire between Israel and Hezbollah.
Trump's phone calls with Netanyahu came after Iran threatened to end the negotiations with the US over Israel's attacks on Lebanon. Netanyahu had said Israel would hit "terror targets" in Beirut if Hezbollah did not stop attacking Israel.
Amid escalating tensions, Iranian Deputy Foreign Minister Saeed Khatibzadeh declares Iran's unwavering commitment to a 'heroic nationalist defence' against perceived American and Israeli aggression, vowing to resist what he calls an 'invasion' to the very end.
Amid the ongoing conflict in West Asia, Israeli Ambassador to India, Reuven Azar, stated that Israel is willing to cease hostilities if Iran changes its course, emphasising that Tel Aviv has consulted diplomatic channels, including the US and regional partners.
The US forces conducted strikes against Iran, on Friday, as a powerful response to Thursday's attack on a commercial ship that was transiting the Strait of Hormuz, said Central Command (CENTCOM) in a statement.
The United States conducted retaliatory strikes against Iran, targeting over 80 sites, after accusing Tehran of attacking commercial vessels in the Strait of Hormuz, while Iran condemned the US decision to revoke a temporary suspension of sanctions on Iranian oil sales.
Mexico continued their perfect start to the World Cup with a 3-0 romp against the Czech Republic on Wednesday, finishing their group-stage campaign with a flourish.
Israel initiated military action against Iran shortly after Prime Minister Narendra Modi's visit, capitalising on a fleeting opportunity and years of strategic preparation, according to Israel's ambassador to India.
Reports are emerging that Ali Larijani, a key Iranian security official, was allegedly targetted in an Israeli airstrike, escalating tensions in the region.
Indian badminton players Devika Sihag, Rounak Chouhan, and Kidambi Srikanth have advanced to the semifinals of the US Open badminton tournament in Fullerton, USA. Sihag caused an upset by defeating third seed Riko Gunji, while Chouhan continued his strong performance. Srikanth's win sets up the possibility of an all-Indian final.
The question nobody seems to ask is why a democracy should be silent when many of its citizens are concerned about the way the US is deviating from its traditional ways of consultation, cooperation and collaboration and moving away from traditional allies, asks Ambassador T P Sreenivasan.
An oil tanker carrying 24 Indian seafarers reported a fire off the coast of Oman, with all crew members confirmed safe. The incident occurred amidst renewed hostilities between Israel and Iran, who exchanged attacks on petrochemical facilities.
Israeli Ambassador Reuven Azar has stepped forward to quash rumours surrounding Prime Minister Benjamin Netanyahu's health, confirming he is alive and debunking claims of AI-generated deepfakes.
Israel wishes to continue its bombing campaign until Iran's military and industrial infrastructure are degraded to a point where it ceases to pose a threat to Israel. Iran, for its part, has learnt from its experience in the 12-day war of last June. Any ceasefire, it believes, will only be a prelude to another attack on itself. It is determined to convey that any attack on Iran will impose heavy costs on Israel, the US, America's allies in the Gulf -- and on the world at large, points out T T Ram Mohan.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a sharp decline in global equities and a fresh spike in crude oil prices, exacerbated by simmering tensions in West Asia and a global unwinding of the AI-led rally. Track how sensex, Nifty fared on June 8.
An Indian national in Israel was injured by shrapnel from an Iranian missile and is currently in stable condition after undergoing surgery. The Indian Embassy is monitoring the situation.
Iran has launched a fresh wave of missile attacks against Israeli and United States-linked targets as the Islamic Revolutionary Guard Corps (IRGC) said it fired some of its heaviest missiles in the latest phase of its retaliatory campaign, while Israel Defence Forces alleged that many of the projectiles carried cluster bomb warheads.
Pezeshkian urged American citizens to look beyond 'manufactured narratives', claiming the portrayal of Iran as a threat is driven by the military-industrial complex and Israeli political interests.
Donald Trump asked countries involved in the peace talks with Iran to sign on to the Abraham Accords, which deal with establishing diplomatic, economic and security ties between Israel and Arab nations.
India has strongly protested a US military strike on the commercial vessel Settebello off the Oman coast, which left three of the 24 Indian crew members missing. The US Central Command stated it disabled the Palau-flagged vessel for violating a blockade of Iranian ports.
Prime Minister Narendra Modi held a telephonic conversation with Iranian President Masoud Pezeshkian, discussing recent developments in West Asia and reiterating India's emphasis on the importance of freedom of navigation in the Strait of Hormuz. Modi welcomed the recent peace understanding between the US and Iran, stressing dialogue and diplomacy for regional stability. India will also send representatives to the burial ceremonies of Iran's late Supreme Leader.
Young Indian shuttler Rounak Chouhan, ranked 80th, caused a significant upset at the US Open by defeating world number six and top seed Chou Tien Chen of Chinese Taipei in straight games. Other Indian players, including Tanvi Sharma, Rakshitha Sree, Devika Sihag, and Kidambi Srikanth, also advanced to the quarter-finals.
Union Shipping Minister Sarbananda Sonowal confirmed the deaths of three Indian seafarers who were initially reported missing from the Palau-flagged MT Settebello. India has protested to the US over the attack on the commercial vessel, which the US Central Command stated was due to the vessel attempting to transport oil from Iran, violating a blockade.
US President Donald Trump stated that the decision regarding the conclusion of the conflict with Iran will be a 'mutual' decision made in coordination with Israeli Prime Minister Benjamin Netanyahu.
IDF international spokesperson Lt Col Nadav Shoshani said the Israeli military targeted several Hezbollah positions, including command and control centres, launch sites and senior operatives.
The Israeli Air Force (IAF) said it struck several targets in Tehran, Shiraz and Ahvaz simultaneously over the past 24 hours, targeting sites linked to Iran's ballistic missile programme, air defence systems and military headquarters.
US Vice President J D Vance confirmed that peace talks with Iran are underway in Switzerland, with negotiators Steve Witkoff and Jared Kushner already present. Vance plans to join soon, expressing confidence in the US's strong negotiating position despite a delay caused by recent Israel-Lebanon firing.
Israeli PM Benjamin Netanyahu has affirmed that the United States and his administration have achieved nearly total dominance over Iranian airspace following a series of coordinated military strikes.
The escalating conflict in West Asia widened on Monday as Israel launched airstrikes on Hezbollah targets in Beirut and other parts of Lebanon, following projectile fire from Lebanese territory into northern Israel. The Israeli Air Force (IAF) said in a series of posts on X that it carried out targeted strikes against senior members of Hezbollah in the Beirut area in response to the projectile fire launched toward Israel, particularly toward the north of the country.
On Monday, March 9, Iran fired barrage of missiles in Central Israel including Yehud and Holon leaving one dead and several injured.
On Saturday, February 28, the United States and Israel launched coordinated military strikes on Iran marking a significant escalation in Middle East tensions.
Intelligence agencies have issued a security alert for Delhi and Uttarakhand due to a possible terror threat, prompted by an email warning of attacks. Key religious sites, government establishments, and police installations are under heightened surveillance. The alert follows incidents involving Nihang Sikhs in Uttarakhand, though the email's authenticity is under investigation.
'But two things worked against them: People kept coming forward, and -- crucially -- these were not outsiders.'
US President Donald Trump has claimed that Iran's missile capabilities have been severely degraded, saying Tehran now possesses only a fraction of the arsenal it had before recent hostilities.
A US military Apache attack helicopter crashed near the Strait of Hormuz, with its crew successfully rescued, as US President Donald Trump confidently declared an imminent 'total victory' over Iran within two weeks and a new nuclear deal, despite ongoing regional volatility and a recent de-escalation between Iran and Israel.
IDF chief stressed the urgent need for legislative measures, including a conscription law, a reserve duty law, and an extension of mandatory military service.
Prime Minister Narendra Modi was conferred with the 'Speaker of the Knesset Medal' in recognition of his contribution to strengthening strategic relations between India and Israel, making him the first leader to receive this honor.
Iranian Foreign Minister Abbas Araghchi has urged Pakistan to use its diplomatic influence to help de-escalate the current regional situation and support efforts to maintain the ceasefire.
