FPIs have already withdrawn Rs 2.6 trillion from Indian equities in 2026, exceeding the outflows recorded in any previous full calendar year.
Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.
India has condemned the attack on the Cyprus-flagged container ship M/V GFS Galaxy in the Strait of Hormuz, which resulted in one Indian crew member going missing. The United States responded with a third round of retaliatory strikes against Iranian targets, further escalating tensions in the Gulf.
United States President Donald Trump has threatened to resume 'very hard' attacks on Iran, expressing frustration over Tehran's delays in signing a negotiated deal and citing the downing of a US Apache helicopter as grounds for renewed military action. Russia has called for restraint and a return to diplomacy amidst escalating tensions.
'Energy prices would shoot up with the closure of Hormuz again.'
Alireza Beiranvand produced seven saves, including a stunning contender for save of the tournament, as Iran held Belgium to a 0-0 draw at the FIFA World Cup.
The performance capped an extraordinary journey from poverty and homelessness to national hero.
A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."
Earlier, Israeli Prime Minister Benjamin Netanyahu also declared that Iran would never be allowed to acquire nuclear weapons, regardless of any agreement.
Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.
Argentina's football players displayed a political banner claiming "The Falklands are Argentine" after their World Cup semi-final win against England, potentially violating FIFA's code of conduct.
US President Donald Trump has reportedly urged Israeli Prime Minister Benjamin Netanyahu to withdraw Israeli military units from southern Syria and Lebanon, warning that Israel's continued presence could escalate regional tensions.
Iran's Deputy Foreign Minister Kazem Gharibabadi confirmed a peace deal with the United States, stating that Tehran will enter a 60-day negotiation period only after verifying Washington's commitments to ending hostilities, lifting the blockade, and releasing Iranian assets.
A peace deal between the US and Iran, set to be signed in Geneva, faces significant hurdles over the release of Iran's USD 12 billion in frozen assets, with conflicting reports from both sides on the conditions for their release.
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.
Iran launched their World Cup campaign in Los Angeles amid protests by Iranian-Americans, highlighting deep divisions over Tehran's government even as Team Melli drew passionate support from fans in the stands.
Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.
The United States and Iran are scheduled to hold their initial round of talks in Switzerland on Friday, following a ceasefire agreement virtually signed by US President Donald Trump and Iranian President Masoud Pezeshkian.
Iran's Persian Gulf Strait Authority (PGSA) has declared the Strait of Hormuz closed due to 'recent illegal movements' by the US military, demanding transit permits, while the US Central Command (CENTCOM) insists the strait is 'open to all vessels' and vows to ensure 'freedom of navigation'.
Donald Trump announced he is replacing the 20% reimbursement fee for securing the Strait of Hormuz with massive trade and investment deals from Gulf States into the United States, while maintaining a full blockade on Iranian ship traffic.
The latest development comes as diplomatic efforts between Washington and Tehran continue despite renewed hostilities. CNN reported that US and Iranian officials are still working towards a nuclear agreement by mid-August, even as preparations for possible military action have continued in parallel.
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.
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.
The United States Central Command (CENTCOM) has launched self-defence strikes against multiple targets in Iran, citing ongoing Iranian aggression. This action has led to Iran's Red Crescent placing emergency centres on high alert amidst reports of explosions in several Iranian cities. Concurrently, Iraqi media claims Iran retaliated with a missile strike on a US air base in Erbil.
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.
Sagiv Steinberg, CEO of the Jerusalem Center for Security and Foreign Affairs (JCFA), described the recent US-Iran peace agreement as a temporary 60-day ceasefire, not a genuine peace deal, suggesting it's timed for the upcoming US midterm elections.
US Vice President J D Vance is currently in Switzerland, leading critical technical talks with Iran to advance diplomatic efforts on Iran's nuclear programme and secure a lasting ceasefire in Lebanon, following a recently signed memorandum of understanding aimed at de-escalating West Asian hostilities.
Iran's Supreme Leader Mojtaba Khamenei will not attend his father, former Supreme Leader Ali Khamenei's, funeral due to security concerns stemming from Israeli threats. This decision follows a sharp warning from Iran's Foreign Minister to the United States, urging it to control Israel after its Defence Minister reportedly marked Khamenei for death. The incident highlights escalating tensions and ongoing diplomatic efforts to de-escalate hostilities in West Asia.
US President Donald Trump has cautioned Israeli Prime Minister Benjamin Netanyahu that Israel risks international isolation if it resumes extensive military operations against Iran, following a volatile 24-hour period of escalating cross-border hostilities.
The advisory follows recent developments, including Israeli airstrikes targeting central and western Iran.
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.
The government has withdrawn most provisions of the emergency natural gas supply regulation order imposed during the West Asia conflict after liquefied natural gas (LNG) shipments through the Strait of Hormuz resumed following a ceasefire.
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.
US President Donald Trump has sharply criticised Israeli Prime Minister Benjamin Netanyahu over the handling of military operations in Lebanon, expressing dissatisfaction with the pace of the conflict and the escalating civilian death toll.
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.
Iran's World Cup campaign has left many Iranian-Americans torn between supporting Team Melli and opposing the country's leadership, highlighting deep divisions within Los Angeles' influential Iranian diaspora.
Israeli Prime Minister Benjamin Netanyahu announced a significant policy shift, declaring that Israel's robust economy no longer requires American financial assistance. He also reiterated strong opposition to Palestinian statehood, affirmed an aggressive national defence strategy, warned of pre-emptive strikes against Iran, and confirmed the continued military presence in southern Lebanon.
Hours after warning that the United States could strike Iran "very hard tonight", President Donald Trump announced to halt planned military action, despite earlier threats to target Kharg Island and other key Iranian oil facilities.
US President Donald Trump has lauded a newly announced peace deal between the United States and Iran, predicting it will bring "peace and security" to West Asia and facilitate the reopening of the strategically vital Strait of Hormuz.
US President Donald Trump announced a finalised peace deal between the US and Iran, set for signing on June 19 in Switzerland, with key figures like J D Vance, Steve Witkoff, and Jared Kushner from the US side, and Abbas Araghchi and Mohammad Bagher Ghalibaf representing Iran, alongside Pakistani mediators Field Marshal Asim Munir, Shehbaz Sharif, Ishaq Dar, and Mohsin Naqvi, playing crucial roles in the diplomatic breakthrough.
Top leaders from the US, Iran, and Pakistan, along with other nations, have gathered in Switzerland for high-level talks aimed at restoring peace in West Asia. These negotiations follow a recently signed Memorandum of Understanding between the US and Iran, initiating a 60-day window for a deal. Discussions focus on Iran's nuclear programme and the fragile interim peace deal, amidst renewed tensions and the fluctuating status of the Strait of Hormuz.
