The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.
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.
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.
Tensions escalate at the UN Security Council as the US and Israel defend their military actions against Iran, while Iran condemns the strikes as war crimes, raising fears of a wider Middle East conflict.
The Customs department seized gold worth Rs 3.15 crore from two passengers at Mumbai airport, including a finance professional smuggling gold due to US-Iran conflict concerns.
Iran is observing 40 days of public mourning following the death of Ayatollah Ali Khamenei, Reuters reported, citing Iranian state media.
The IRGC also warned residents to evacuate areas near military bases, security centres and government facilities.
The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.
Israel's Defence Minister Israel Katz has stated that Israel is prepared to escalate military action against Iran, pending approval from the United States. This comes as US President Donald Trump says he would not use nuclear weapons in any conflict with Iran, while also claiming the US has 'total control' over the Strait of Hormuz.
'Unfortunately, today most ministers are busy with either election duty or praising duty. They are not interested in serving duty.' 'Ministers have become relaxed like retired people still holding onto jobs.' 'Look at how the NEET paper leaked. But there is no accountability.' 'After 12 years, they have become saturated. They are short of ideas.'
With Gulf countries emerging as popular destinations for Indian weddings and pre-wedding shoots, the March-April season had seen a flurry of bookings.
Prime Minister Narendra Modi will chair a meeting of the Cabinet Committee of Security (CCS) in Delhi to discuss the global situation following the attack on Iran and the killing of Iranian Supreme Leader Ayatollah Ali Khamenei.
US Marines boarded and searched a commercial ship, M/V Blue Star III, in the Arabian Sea on suspicion of violating the US blockade of Iranian ports, later releasing it after confirming it was not headed to Iran.
Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.
What lies behind Vaibhav's amazing journey over the last couple of years is something beyond mere analysis. By any stretch of imagination, some of the shots he has played seem to remain in the realm of impossibility. Doubtless reams will be written about this and we will still not have a clue, because he would have moved on to newer peaks, notes Shreekant Sambrani.
Gold prices in the national capital surged by Rs 600 to Rs 1.65 lakh per 10 grams, extending gains for the third consecutive day, while silver rebounded by Rs 5,000 to Rs 2.71 lakh per kilogram, driven by geopolitical tensions and inflation concerns.
Kerala Chief Minister Pinarayi Vijayan has expressed concern over the situation in the Gulf region following the US-Israel attack on Iran and has urged the central government to take necessary steps to ensure the safety of Indian nationals residing there.
The United States has extended a waiver from sanctions on Russian oil already at sea by one month, according to an official statement from the US Department of the Treasury.
The Indian government has imposed a new windfall gains tax of Rs 3 per litre on petrol exports, while simultaneously reducing the levy on diesel to Rs 16.5 per litre and aviation turbine fuel (ATF) to Rs 16 per litre, effective May 16.
Donald Trump says several issues were settled during the final day of talks with Xi Jinping covering trade, tariffs, and diplomacy.
A new book has shed light on the viral clip of French President Emmanuel Macron's wife, Brigitte, smacking him, revealing the incident was reportedly triggered by her discovery of messages exchanged between the President and Iranian actress Golshifteh Farahani, who also has an interesting Indian connection.
British Prime Minister Keir Starmer has called for a negotiated settlement with Iran and deployed additional fighter jets to West Asia to strengthen the UK's defensive operations.
An Indian sailor died and several others were injured after their dhow caught fire near the Strait of Hormuz. Seventeen other Indian crew members were rescued.
Russian President Vladimir Putin will attend the BRICS summit in New Delhi on September 12-13, according to a presidential aide.
Maruti Suzuki Chairman R C Bhargava is pushing for increased government incentives for biogas-powered vehicles over hybrids, emphasising their net-zero carbon emissions and the valuable organic manure they produce, while also advocating for continued GST benefits for electric vehicles.
While Trump has been examining the possibility of stationing ground forces in the Middle East, CBS News reported that he has yet to define the exact conditions under which he would approve their use.
'Mojtaba Khamenei supervised the most recent repression in December 2025 and January 2026 which remains ongoing.'
Tensions escalate as Iranian forces attack a container ship in the Strait of Hormuz after Trump announced the ceasefire extension.
'Even last year, when India bought gold, the physical quantity was much less than the previous years.'
Indian benchmark equity indices, Sensex and Nifty, opened higher, tracking positive global trends and easing crude oil prices, fueled by hopes of a swift resolution to the West Asia conflict. Track Nifty 50 and BSE Sensex performance and key global triggers.
The American warship stopped the tanker "after it attempted to sail to an Iranian port," according to a statement released by CENTCOM.
Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.
Prime Minister Narendra Modi spoke with the King of Bahrain and the Crown Prince of Saudi Arabia, condemning recent attacks on both countries and emphasising the importance of regional peace and stability.
'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'
The British government has called for a negotiated solution to prevent further escalation of conflict in the Middle East following joint strikes by the US and Israel on Iran, emphasizing the safety of UK nationals and the need to prevent Iran from developing nuclear weapons.
The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.
Iran's state broadcaster denies sending a diplomatic delegation to Pakistan for talks with the US, despite reports suggesting otherwise. This denial comes amid escalating tensions and aggressive rhetoric from Washington, even as signs of potential diplomatic movement emerge.
Families in Uttar Pradesh express anxiety over the safety of their relatives in the Middle East following a joint US-Israel military strike on Iran, which has triggered retaliatory actions and heightened regional tensions.
India's U-15 boys boxing team showcased a dominant performance at the Asian Boxing U15 Championships, with six boxers advancing to the finals and seven securing bronze medals.
The US Navy seized an Iranian-flagged cargo ship in the Gulf of Oman, escalating tensions as ceasefire talks face uncertainty. The incident raises concerns about the fragile ceasefire and the ongoing blockade of the Strait of Hormuz.
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