The IRGC said the barrage targeted several US military facilities in the region, including bases at Sheikh Isa in Bahrain, Juffair in Bahrain, Ali al-Salem in Kuwait and Al Azraq in Jordan.
Rising living expenses, fear of contract hiring cast shadow on real gains.
Voters in Kerala, Assam, and Puducherry are voting in crucial assembly elections.
The two leaders also emphasised the importance of ensuring safe and free navigation through the Strait of Hormuz, the Ministry of External Affairs (MEA) said.
Infosys reported a 20.8 per cent increase in consolidated net profit to 8,501 crore for the January-March quarter of FY26, with revenue from operations rising 13.4 per cent to 46,402 crore. The IT major has guided for a 1.5 to 3.5 per cent revenue growth for FY27, driven by momentum in financial services, utilities, and emerging AI services, despite a volatile macroeconomic environment and geopolitical risks.
Iranian Foreign Minister Seyed Abbas Araghchi on Saturday criticised the United States over its stance on Russian oil, claiming Washington was now "begging" countries across the globe, including India, to purchase Russian crude.
US President Donald Trump has shared an article suggesting that the option of enforcing a naval blockade was available in the context of Iran, as peace talks ended in a stalemate in Islamabad after differences of opinion arose between the two parties on the Strait of Hormuz and Iran's nuclear capacities.
Admiral Alireza Tangsiri was accused of leading efforts to disrupt maritime trade, including actions affecting the Strait of Hormuz.
Pakistan is actively engaged in diplomatic efforts to facilitate negotiations between the US and Iran, with hopes of hosting a second round of talks in Islamabad.
On Saturday, February 28, the United States and Israel launched coordinated military strikes on Iran marking a significant escalation in Middle East tensions.
US Secretary of War Pete Hegseth on Wednesday claimed that Tehran "begged" for a truce, maintaining that Washington achieved a "decisive military victory" during 'Operation Epic Fury.'
Indian stock markets experienced a significant rally following the announcement of a US-Iran ceasefire, coupled with a drop in crude oil prices. The Sensex and Nifty both closed nearly 4 per cent higher, mirroring gains in global markets.
TMC leader Abhishek Banerjee criticised the Union government over the hike in commercial LPG prices, accusing the Centre of taking from the people while the Mamata Banerjee administration provides relief. He challenged the Prime Minister to release a white paper detailing central funds allocation in Cooch Behar.
Amidst heightened market volatility and muted investor sentiment, the Securities and Exchange Board of India (Sebi) has announced one-time relaxations for initial public offering (IPO) timelines and minimum public shareholding requirements, providing relief to numerous companies.
In a post on Truth Social, Trump outlined key goals of the campaign, including degrading Iran's missile capabilities, dismantling its defence industrial base, eliminating naval and air power, preventing Tehran from acquiring nuclear capability, and protecting United States allies such as Israel, Saudi Arabia and the United Arab Emirates.
The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.
It may now be time to question the price India is paying for Israel's disregard of the serious undermining of India's energy security, asserts former foreign secretary Shyam Saran.
National Security Advisor Ajit Doval hosted Bangladesh Foreign Minister Khalilur Rahman for a dinner meeting, signalling efforts to repair bilateral ties after a period of heightened diplomatic tension.
The Indian Embassy in Tehran has issued an advisory urging Indian citizens in Iran to coordinate with the embassy before attempting to cross any land borders, citing potential logistical and immigration difficulties.
According to an official Iranian military statement, Qader anti-ship cruise missiles were launched at the carrier, forcing it to alter its position in the region.
Economist Jeffrey Sachs saw Gulf nations' decision to partner with the US through the Abraham Accords as an "invitation for disaster" as it made them more dependent on American protection.
Addressing a media stakeout at the United Nations on Tuesday, Israel's envoy said the country's primary objective remained preventing Iran from acquiring nuclear capabilities.
US President Donald Trump hinted at the possibility of the US seizing Iran's key oil export hub on Kharg Island, suggesting it could be done with minimal resistance. He also expressed his desire to take Iran's oil resources, while indicating potential negotiations and a possible deal with Iran.
United States President Donald Trump warned Iran of potential strikes on its infrastructure, including bridges and electric power plants, saying the US military 'hasn't even started destroying what's left in Iran'.
At least eight civilians have been reported killed, and 95 others have sustained injuries following United States-Israeli strikes, Iranian state media Press TV reported.
Amid rising tensions in West Asia following a series of strikes and counter-strikes, the United States Embassy in Muscat on Tuesday instructed its staff to shelter in place.
Quick commerce platforms are experiencing a significant increase in demand for ready-to-eat food items as urban households face disruptions in cooking gas supply and a temporary outflow of migrant domestic help.
'Strikes into the Gulf countries are proof that the security guarantees offered by the US are ineffective and that the Gulf countries cannot rely on American security assurances for their safety.'
A senior Russian diplomat has expressed apprehension over the possibility of the US attempting to regain control of the Bagram airbase in Afghanistan, amidst escalating military tensions in the region.
Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.
The Indian government has increased measures to secure fuel and gas supplies following the Strait of Hormuz closure, urging citizens to avoid panic buying. Refineries are operating at high capacity, and sufficient stocks of petrol and diesel are available nationwide.
Indians returning from the Middle East share their experiences of fear and uncertainty as the conflict between the US, Israel, and Iran disrupts travel and daily life, leaving many stranded and facing financial strain.
Donald Trump claims a senior defence official urged military action against Iran, revealing escalating tensions and ongoing negotiations in the Middle East.
Indian stock market indices Sensex and Nifty experienced a significant decline, driven by rising crude oil prices, sustained foreign fund outflows, and selling pressure in major bank stocks.
Batting great Sunil Gavaskar hailed Sanju Samson after his match-winning knock powered India to a five-wicket victory in the must-win match against West Indies in the T20 World Cup.
The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.
Amidst rising tensions in the Middle East, an Iranian drone struck a British RAF base in Cyprus, prompting the UK to allow US defensive operations and consider evacuation plans for British citizens in the region.
'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'
US President Donald Trump said on Wednesday that Washington is considering a "joint venture" with Iran to secure the Strait of Hormuz, following his announcement of a two-week ceasefire.
The Indian rupee saw a significant appreciation against the US dollar following President Trump's suspension of military strikes against Iran and the Reserve Bank of India's decision to maintain its key interest rate. Market sentiment was further buoyed by positive comments from the RBI regarding the health of the banking sector.
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