Indian benchmark equity indices Sensex and Nifty experienced a significant crash in early trade, triggered by a sharp increase in crude oil prices and escalating tensions in the Middle East.
The Congress party has alleged that convicted sex offender Jeffrey Epstein played a role in shaping the India-Israel relationship after 2014, citing email exchanges made public under the 'Epstein Files'.
Benchmark indices tumbled about 2 per cent on Friday, capping one of the most turbulent weeks for domestic equities as investors fretted that the West Asian conflict could drag on for weeks or even months.
'The entire US ecosystem built over decades at the bases in the Gulf region, especially the UAE, costing trillions of dollars have been decimated, dealing a mortal blow to the US Central Command's war capability,' points out Ambassador M K Bhadrakumar.
India granted emergency docking to an Iranian ship, IRIS Lavan, in Kochi due to technical issues, accommodating its crew amidst regional naval activity and tensions.
The Sri Lanka Navy rescued 32 Iranian sailors from a sinking naval ship off the southern coast, while also recovering several bodies. The incident occurred outside Sri Lankan waters but within its search and rescue zone.
Major General Amir Hatami, commander-in-chief of the Iranian Army, condemned the attack on the vessel, one of the country's newest warships, which occurred while it was returning from a military exercise.
The IRGC said five missiles were launched at 'the headquarters of the US Army at the Harir Air Base in Erbil, located in Iraq's Kurdistan Region'.
Pakistan's Prime Minister Shehbaz Sharif contacted Saudi Crown Prince Mohammed bin Salman to express solidarity amidst escalating regional tensions following attacks in Iran and the Gulf region.
The UAE consulate in Erbil, located in Iraq's Kurdish region, suffered structural damage in the aerial attack. Officials said there were no casualties.
Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.
External Affairs Minister S Jaishankar addressed the Rajya Sabha on India's position regarding the escalating conflict in West Asia, emphasising the need for peace, dialogue, and the safety of civilians, while also prioritising India's energy security and trade interests.
Sri Lanka has established emergency hotlines and is closely monitoring the situation in West Asia following escalating tensions, urging restraint and de-escalation from all parties involved.
The Lok Sabha rejected a resolution seeking the removal of Om Birla as Speaker by a voice vote amidst opposition protests and demands for an apology from Home Minister Amit Shah.
Two Bangladeshi nationals were arrested in Meghalaya's West Jaintia Hills district for entering India without valid travel documents. A local driver was also apprehended for allegedly facilitating their illegal entry.
Paris Saint-Germain president Nasser Al-Khelaifi has been stranded in Qatar for over a week due to the ongoing conflict in the Middle East, impacting flights and travel across the region.
A Thai cargo vessel was struck by missiles near the Strait of Hormuz, leaving three crew members missing and prompting a rescue operation by the Royal Navy of Oman.
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.
What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.
The auction of The Hundred on Thursday was meant to be a celebratory milestone for the England and Wales Cricket Board. Instead, it has triggered a controversy in India.
Gurugram police arrested three men, including an IIT student, for allegedly working with foreign-based cyber fraudsters, providing bank accounts and handling transactions for a commission.
'I am quite impulsive when making a movie. That is the reason I need to stop sometimes, probably pause.'
Indian equity investors experienced a significant loss of 16.32 lakh crore due to a two-day stock market decline fueled by escalating geopolitical tensions involving the US, Israel, and Iran.
Punjab Police have dismantled an arms supply module with connections to handlers in the Philippines and the UAE, arresting one man and detaining a juvenile. The recovered weapons were intended for use in firing and extortion activities.
A senior Pakistani official has affirmed Pakistan's commitment to supporting Saudi Arabia, even before assistance is explicitly requested, amidst ongoing conflict in West Asia. This pledge underscores the close ties between the two nations and Pakistan's role in regional stability.
At least 22 Iranian sailors from the IRIS Dena, which sank after being torpedoed, have been discharged from a Sri Lankan hospital. Another 10 remain under treatment, while arrangements are being made to repatriate the bodies of 84 sailors recovered after the incident.
The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.
It is for the first time that a senior minister has said that Iran requested permission for docking three of its ships in Indian ports.
An associate of foreign-based gangster Rohit Godara has been arrested for allegedly firing at a car carrying lawyer Deepak Khatri, who is associated with jailed gangster Lawrence Bishnoi. The arrest occurred after the accused was deported from Thailand.
A Mumbai engineering student has been arrested by the Maharashtra ATS for allegedly sharing terrorist propaganda online related to banned organisations like Jaish-e-Mohammed and Islamic State, raising concerns about online radicalisation.
US President Donald Trump and Russian President Vladimir Putin discussed the Iran conflict and its impact on global energy supplies during a phone call.
The Reserve Bank on Tuesday proposed greater flexibility to authorised persons to undertake foreign exchange transactions for hedging their exposures, balance sheet management and market-making, as well as to ease reporting obligations, after a review of the current regulations.
The Israeli military said the strike dismantled the bunker during ongoing operations against Iranian military infrastructure.
AICC President Mallikarjun Kharge criticised Prime Minister Narendra Modi's relationship with US President Donald Trump, alleging that Modi is acting as Trump's 'slave' and jeopardising India's interests on trade, oil and foreign policy.
Pakistan's white-ball coach Mike Hesson defends the exclusion of senior players from the ODI series in Bangladesh, stating it's an opportunity to test young talent rather than a punishment for T20 World Cup performance. He also addresses reports of disagreements with selectors.
'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'
The Pakistani government has once again found itself embarrassed on the world stage, now acknowledging the impact of India's strategic and precision strikes on its military installation during the escalation in May, following Operation Sindoor, which came in retaliation for the April 22 Pahalgam terror attack that killed 26 civilians.
The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad as part of an investigation against Reliance Power Ltd., a group company of Anil Ambani, concerning alleged money laundering and financial irregularities.
The Maharashtra ATS has arrested an engineering student from Mumbai for allegedly sharing online propaganda material linked to banned terrorist organisations. Two other individuals are also under investigation.
The USS Abraham Lincoln has been operating in the Arabian Sea since the end of January.
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