'The longer India hangs out to dry, the worse the New Delhi-Washington relationship gets.'
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.
Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.
Piyush Goyal on Friday rejected reports suggesting that India is planning to hold off trade deal with the United States for several months.
India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.
Trump, who had earlier warned that Mamdani's victory would bring a "complete and total economic and social disaster" to New York City, accused Democrats of installing a communist in the largest US city.
China's Foreign Ministry has refuted allegations of providing military support to Iran, warning the US against imposing tariffs based on these accusations. The statement follows reports of Iran acquiring a Chinese satellite for targeting US military bases. Meanwhile, a rescheduled meeting between Presidents Trump and Xi Jinping is set for May.
Fight on toward goals that keep receding, or exit with most objectives unmet. Trump is agitated, his poll numbers falling below the Plimsoll line, his base fractured between those who back the war and those who remember that he campaigned on ending them.
The United States has redirected 48 vessels in the Persian Gulf, particularly in the Strait of Hormuz, over the past 20 days amid ongoing enforcement actions related to restrictions on Iranian maritime assets by the US Navy.
Donald Trump has now officially become a villain! Not literally but as a comic-book character in a Spider-Man spin-off story by Marvel Comics which depicts an "amorphous, villainous" avatar of the presumptive Republican presidential candidate.
Tensions escalate between Iran and the US over control of the Strait of Hormuz, a crucial shipping lane for global oil supplies, as both sides discuss extending a fragile ceasefire.
Addressing a gathering in Virginia on Tuesday, the Republican nominee for United States president asked a woman with a crying baby to leave his rally after the infant cried over his speech.
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.
The US military is considering a new wave of military operations in Iran, including potential strikes on infrastructure and securing Iran's stockpile of enriched uranium, amid a fragile ceasefire and stalled nuclear talks.
'I am in favour of keeping these talented people here so they can go to work in Silicon Valley.'
This comes as people in Iran continue to protest against rising prices and economic hardship pouring into the streets across several provinces in Iran, with some protests escalating into fatal confrontations with security forces, CNN reported.
"I know the rules very well, but I know that it's stacked against me by the establishment," Trump, 69, told CNN during a town hall.
Iran's soccer team arrived in the United States for the first time at this World Cup on Sunday, landing at Los Angeles International Airport and holding a press conference on the same day that a peace deal between the two nations was announced.
The US Embassy acknowledged the attack in a post on X, urging Americans to avoid the facility 'until further notice' and announcing that all appointments had been cancelled.
Congress leader Shashi Tharoor praised the cordial meeting between Donald Trump and Zohran Mamdani, while the BJP hopes Rahul Gandhi learns from it.
Trump has bought the Doral Golf and Spa Resort in Miami for $150 million.
Mamdani said he spotted a "UFC" coffee-table book among Trump's reading materials and added he had "no idea" that the White House was preparing to host a mixed martial arts event on the South Lawn in June 2026.
The IRGC had announced earlier that it was carrying out an intense wave of attacks on US and Israeli positons throughout the region since dawn, using missiles as well as drones.
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."
Pakistan has increased security measures in Islamabad and surrounding areas as the US and Iran prepare for another round of peace talks. The move follows an announcement by former US President Donald Trump that American negotiators would be in Pakistan for discussions aimed at resolving the conflict between the two nations.
United States Senator Lindsey Graham on Sunday claimed that Indian Ambassador to the US Vinay Mohan Kwatra spoke to him last month about India buying less Russian oil and asked him to tell President Donald Trump to relieve the 25 per cent tariff.
Former US National Security Advisor John Bolton says President Trump's personal relationship with Prime Minister Modi has deteriorated, potentially pushing India closer to Russia and China.
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.
US President Donald Trump claimed he could easily solve the conflict between Afghanistan and Pakistan, amid escalating hostilities. He also expressed dismay at not receiving the Nobel Peace Prize despite resolving eight wars.
The US has reportedly depleted nearly half of its advanced missile-defence interceptors while defending Israel during recent hostilities with Iran, raising concerns about future readiness.
According to the Pentagon, the vessels were targeted as part of efforts to prevent the deployment of naval mines in the strategically vital passage through which a significant portion of global crude oil shipments transits.
The Americans can occupy Bab el Mandeb, claim to have 'solved' the Strait of Hormuz crisis, declare victory that President Trump so desperately needs, points out Colonel Anil A Athale, former head of the history division, ministry of defence.
United States President Donald Trump has denied that he recently told Israeli Prime Minister Benjamin Netanyahu to stop being so 'f***ing negative' and 'take the win' after Hamas accepted parts of Washington, DC's proposal for ending the Gaza war, while saying that it would have to hold talks regarding other portions of the plan, The Times of Israel reported.
'Was the five-day pause ever meant to hold, or was it simply another instrument of signaling, of positioning, of buying time in a war where even the pauses are tactical?' asks Prem Panicker in his must read daily blog on the Gulf War.
US President Donald Trump claims India has significantly reduced and nearly stopped purchasing oil from Russia, citing de-escalation efforts. This follows previous tensions over tariffs and India's energy sourcing.
'Iran cannot trust the USA because it considers the USA to be Israel-controlled. And no, the IRGC is not going to accept anything else but major US concessions.'
The former Alaskan governor said, "I'm proud to endorse Donald J Trump for president."
'Incidentally, Prime Minister (Modi) and President Trump have also spoken on the phone on eight occasions during 2025, covering different aspects of our wide-ranging partnership'
Former US President Donald Trump claims he can quickly resolve the conflict between Pakistan and Afghanistan, praising Prime Minister Shehbaz Sharif and Army chief Asim Munir. Tensions remain high despite recent talks.
Russian President Vladimir Putin and Chinese President Xi Jinping have reaffirmed their commitment to dismantling global hegemonism and building a 'multipolar world' during high-level talks in Beijing.
