If Iran and Oman choose to charge a fee for rendering services to vessels using their territorial waters, so be it. The US is indulging in an irrationally self-destructive act, notes Ambassador M K Bhadrakumar.
'With the US having entered the war, raising the risks of a wider conflict, those impacts could be even more damaging.'
Indian equity benchmarks, Sensex and Nifty, ended lower after a spectacular rally, with the Sensex tumbling 931 points, as renewed tensions in West Asia, particularly the risk to the ceasefire deal after Iran closed the Strait of Hormuz, dampened investor optimism.
Shiromani Akali Dal president Sukhbir Singh Badal and Punjab Vidhan Sabha Speaker Kultar Singh Sandhwan have appealed to Prime Minister Narendra Modi to take urgent steps for the evacuation of Indian citizens stuck in countries affected by the recent joint Israel-US attack on Iran.
Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.
On Doctors' Day this week let's turn the spotlight onto doctors who decided to become leaders.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
Foreign Ministers from Saudi Arabia, Egypt, and Turkiye convene in Pakistan for a summit aimed at de-escalating the ongoing conflict in West Asia, with Pakistan actively seeking to broker peace through dialogue and diplomacy.
Pakistan is hosting a quadrilateral summit of foreign ministers from Saudi Arabia, Egypt, and Turkiye to discuss the conflict in West Asia and explore avenues for peace. The summit includes discussions on regional developments and meetings with Prime Minister Shehbaz Sharif.
The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.
Market maven Andrew Holland on why India missed the AI wave, why FIIs are leaving, why he personally invests in cryptocurrencies and why he's still betting big on the country.
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.
'TTP has vowed to take revenge for the attacks that Pakistan is carrying out against Afghanistan.' 'To diminish this threat, Pakistan is hitting Afghanistan hard.'
Double Olympic medallist PV Sindhu was stranded at Dubai airport en route to the All England Open badminton tournament due to flight suspensions caused by escalating tensions in the Middle East.
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.
We know in our heart that speaking the truth on this stupid Iran war will anger Trump and so we look the other way because if we look him in the eye the bully will straighten us out, asserts Aakar Patel.
The Lebanese army has begun evacuating some of its forward positions along the border with Israel and redeploying troops to other posts, Lebanon's state-run National News Agency (NNA) reported on Tuesday, amid intensified Israeli military activity in the area.
Pakistan's Foreign Minister Ishaq Dar met with his counterparts from Egypt and Turkiye in Islamabad ahead of a quadrilateral summit, including Saudi Arabia, to discuss the ongoing conflict in West Asia and explore avenues for peace.
The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule.
The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.
India's exports reached a six-month high, growing by 18 per cent to USD 45.2 billion in May, driven by electronic goods, petroleum products, engineering items, and pharmaceuticals. However, the trade deficit widened to USD 28.21 billion due to a 10 per cent rise in imports, particularly petroleum products and gold, amidst surging crude oil prices.
An Iranian delegation, led by Foreign Minister Abbas Araghchi, concluded high-level meetings in Islamabad, delivering an 'official list of demands' to Pakistani leaders for the US and Israel. This comes as President Trump cancelled his envoys' visit to Islamabad amid ongoing efforts to facilitate peace talks between Iran and the US.
Frankly, was it really necessary in the middle of a fratricidal war for External Affairs Minister S Jaishankar to travel to Abu Dhabi for a one-on-one with the sheikh on April 12?Or, for National Security Advisor Ajit Doval to follow up on April 26? Or, for PM Narendra Modi to follow through today? There are no easy answers, notes Ambassador M K Bhadrakumar.
The Indian government is considering additional relief packages for vulnerable sectors like MSMEs to mitigate the impact of the ongoing West Asia crisis on the economy and inflation.
The Maharashtra government has launched an emergency WhatsApp helpline for state residents stranded in the Middle East due to airspace closures amid the US-Israel-Iran conflict. Chief Minister Devendra Fadnavis is monitoring the situation and coordinating with central agencies.
US Secretary of State Marco Rubio on Friday (local time) announced a US-mediated framework agreement between Israel and Lebanon aimed at achieving "lasting peace and security".
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
Israel and the United States had a plan. Iran punched back. And now the Gulf is reeling, the world is beginning to feel the pain and, as on date, no one in Washington or Tel Aviv appears willing to admit that the punch has landed, notes Prem Panicker, continuing his must-read blog on the war in the Middle East.
Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.
The White House on Sunday is witnessing a "fight night" in an octagon-shaped cage as the Ultimate Fighting Championship (UFC) fighters slug it out in the marquee event on the South Lawn on a day President Donald Trump turned 80.
The US President clarified that these negotiations do not involve the new Supreme Leader, Mojtaba Khamenei.
The Iran-Israel conflict has further increased global economic uncertainties, impacting world trade, including India's exports, as it is expected to drive up both air and sea freight rates, exporters say. They said that India's exports to Europe and counters like Russia may get impacted due to this war.
The Andhra Pradesh cabinet has recommended a series of measures, including 'No Vehicle Day,' online classes, and reduced foreign tours, to mitigate the economic impact of the Gulf war.
Not only is Samay Raina going the Kapil Sharma route by bringing celebrities as special guests on his show -- which also means he has to be careful that his jokes don't land them in trouble as well -- but he also has to promote sponsors blatantly, observes Sreeju Sudhakaran.
Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.
When missiles fly in this region, they are never just aimed at military targets.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
US Secretary of State Marco Rubio met with Pakistan's Foreign Minister Ishaq Dar amid American demand that countries mediating the peace talks with Iran join the Abraham Accords and establish diplomatic and economic ties with Israel.
'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'
Government officials are reportedly apprehensive that the 30,000 to 40,000 US troops currently deployed within the region could serve as the primary target of the Islamic Republic in the event of an all-out war.
