The US military has refuted Iran's Revolutionary Guards' assertion that an oil tanker struck a naval mine in the Strait of Hormuz. US Central Command stated the Panama-registered vessel, El Gaia, was previously hit by an Iranian missile and then a drone, highlighting ongoing Iranian attempts to impede commercial vessels in the crucial maritime trade route.
Pakistan, Turkiye, and Saudi Arabia have signed a trilateral defence pact, agreeing to treat an attack on one as an attack on all. Analysts suggest this alliance could significantly diminish the United States' strategic influence in West Asia and elevate Pakistan's geopolitical standing, potentially acting as a deterrent in regional conflicts.
The Indian stock market experienced a significant downturn, with the Sensex crashing over 1,000 points and the Nifty hitting a fresh 52-week low, driven by sustained selling from foreign institutional investors, the RBI's monetary policy tightening, and elevated Brent crude prices.
Faced with slackening prices in China, steel producer Ispat Industries is now turning to Europe and Middle East which are witnessing northwards movement of demand and prices.
India's real estate sector recorded an unprecedented $9.5 billion in capital inflows during Q3 2026, primarily driven by foreign investors' strong interest in data centres, according to a CBRE Group report.
The Reserve Bank of India's 25-basis point increase in the repo rate to 5.5 per cent is expected to exert pressure on housing affordability and buyer sentiment, particularly affecting interest rate-sensitive segments and potentially moderating sales during the crucial festival season.
Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for missile and drone strikes on US military installations in Bahrain, describing the operations as the second phase of its retaliatory campaign. This announcement follows US Central Command (CENTCOM) confirming its own large-scale offensive targeting Iranian military infrastructure.
The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.
Typhoon Dujuan is approaching East Japan's Pacific Coast, bringing warnings of heavy rain, strong winds, and landslides. The typhoon has already caused transportation disruptions and led to the postponement of an equestrian event at the Asian Games venue.
Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.
India's foreign exchange reserves surged by USD 11.475 billion to a new record high of USD 740.803 billion for the week ended August 28, driven by the RBI's concessional forex swap initiatives.
Dubai has the most competitive economy in the Middle East and ranked higher for its competitiveness than Japan, Germany, France and New Zealand, a new study released on Monday said.
India's leading IT companies are anticipated to report subdued revenue growth and largely stable margins for the July-September quarter, as clients maintain tight discretionary budgets, with analysts closely watching the conversion of strong bookings into revenue and the impact of AI on traditional services.
Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.
Republican presidential candidate Mitt Romney plans pursue a more aggressive policy toward the Middle East, sharply different from that of United States President Barack Obama on Iran, Syria and Libya.
Punjab FC's IFA Shield campaign concluded after a narrow 3-4 defeat on penalties to defending champions Mohun Bagan Super Giant in the semi-final. The match remained goalless after 120 minutes of competitive play, with both teams creating chances before the shootout decided the winner.
Indian benchmark indices Sensex and Nifty recorded sharp gains, rising over 1 per cent, driven by strong performances in IT stocks, HDFC Bank, and renewed foreign fund inflows, despite mixed global cues and elevated crude oil prices.
India said it attaches a high priority to its multifaceted relations with the Arab nations.
Over 200 Indian peacekeepers, including women and staff officers, serving with the UN Mission in South Sudan (UNMISS) have been awarded the prestigious UN medal for their exceptional service. India is a significant contributor to UN Peacekeeping, deploying over 4,200 personnel globally.
Why is Xi Jinping visiting Saudi Arabia, Egypt and China this week? Former RA&W officer Jayadeva Ranade explains the significance of China's outreach to the Middle East.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.
National Alluminium Company is actively exploring the possibility of setting up a joint venture project in the Middle-East, officials said on Saturday.\n\n
Union Finance Minister Nirmala Sitharaman called upon 'Gen Z' and 'Gen Alpha' to assume leadership, prioritise the nation, and contribute to its growth, rather than questioning what the country has done for them.
India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.
Learning solutions company Aptech Ltd on Tuesday said it is opening more centres in Iran and will foray into Syria shortly as part of plans to expand its footprint in the Middle-East.
Housing sales fell 6 per cent in April-June to 90,715 units across seven major cities on subdued demand amid economic uncertainties and also rising home prices, according to Anarock data released on Monday. As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata.
there is a small minority of extremists in the Muslim world who indeed hate and will always hate America, said national security adviser Condoleezza Rice.
POTUS is on a four-day visit to Israel and Saudi Arabia.
India's bowling attack, particularly veteran Ravindra Jadeja, is under immense pressure to deliver an improved performance in the third and final ODI against the West Indies in Mullanpur. With the series already secured, the focus shifts to addressing the team's struggles in picking up early wickets and containing runs, especially in the powerplay and middle overs.
Analysts predict that developments in the West Asia conflict, crude oil prices, and upcoming US inflation data will be the primary factors influencing the Indian stock market next week, alongside foreign investor activity and global market trends.
The UK has successfully test-fired a US torpedo from an undersea drone, marking a significant advancement in submarine technology for the AUKUS partners (UK, US, Australia). This development coincides with Prime Minister Andy Burnham's visit to the UN General Assembly, where he is discussing global challenges like AI, the Ukraine conflict, and West Asia security with international leaders, and announced the UK will host the G20 Leaders' Summit in Manchester next November.
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 United States has announced a new round of trade measures against Canada, including bans on Canadian dairy, alcoholic beverages, and motorcycles, and reshuffled existing tariffs. This escalation comes after Canada imposed retaliatory tariffs on American goods. The US administration cited Canada's retaliatory actions as the trigger, contrasting it with other nations that chose negotiation over retaliation.
Highly anticipated Bollywood movie premieres, post-theatrical releases, gripping new OTT series and the return of popular international shows: September promises a rich and varied slate of content.
Reliance Industries on Saturday said it was looking at acquiring oil and gas fields in the Middle East and west Africa.
The benchmark BSE Sensex rebounded by 362 points, ending a four-day losing streak, driven by strong buying in metal, private banking, and oil and gas shares, while the broader NSE Nifty saw modest gains despite paring some advances in the closing session.
Indian benchmark indices Sensex and Nifty tumbled nearly 1 per cent for the third consecutive day, driven by a sharp spike in crude oil prices and significant selling in bank stocks, with Brent crude jumping to USD 95.27 per barrel.
