Indian benchmark indices, the BSE Sensex and NSE Nifty, snapped a four-day losing streak, with the Sensex climbing 382 points, primarily driven by a strong rally in IT sector shares. Major IT firms like TCS, Infosys, and HCL Tech saw significant gains, contributing to the market's recovery.
A Middle East expert claims that President Trump's approach to Iran is endangering US interests in the Gulf region, with support for the Iranian regime growing amid US-Israel tensions.
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."
The Indian equity market is set for an event-heavy week, with analysts pointing to the Reserve Bank of India's (RBI) interest rate decision, developments in the US-Iran situation, and crude oil prices as the primary determinants of market trends.
The Iranian military has asserted that its forces successfully targeted and downed a US A-10 aircraft, according to a report by Al Jazeera.
In a bid to de-escalate Middle East tensions, the US has presented Iran with a comprehensive 15-point peace plan focusing on nuclear disarmament and regional stability in exchange for sanctions relief.
Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.
The US embassy in Saudi Arabia and the US consulate in Dubai were reportedly targeted by suspected Iranian drone attacks amid heightened tensions in the Middle East following US and Israeli strikes on Iran.
US President Donald Trump will be on hand to present the World Cup final trophy on July 19 at New York New Jersey Stadium, FIFA president Gianni Infantino said on Tuesday.
Khamenei urged the pilgrims for unity and called on them to pray for "the liberation of Palestine and Al-Aqsa Mosque, the alleviation of the great hardships afflicting Muslims, and the attainment of ultimate victory against global arrogance."
Following a joint attack by the US and Israel on Iran, India is calling for restraint and de-escalation to avoid further military confrontation in the Middle East.
Faced with slackening prices in China, steel producer Ispat Industries is now turning to Europe and Middle East which are witnessing northwards movement of demand and prices.
Iran has put forward a comprehensive 10-point framework that it says forms the basis of a complete resolution.
Precious metal prices, particularly gold and silver, experienced a significant surge in the national capital as investors sought safe-haven assets amid escalating hostilities in the Middle East.
US Special Representative Sergio Gor met with Sri Lankan President Anura Kumara Dissanayake to discuss strengthening bilateral relations and Sri Lanka's stance on the Middle East crisis. The visit occurs amidst regional tensions and US efforts to secure trade routes in the Indo-Pacific.
Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.
Analysts predict a surge in gold and silver prices as investors seek safe-haven assets due to escalating tensions in the Middle East. The impact on domestic prices will depend on the conflict's duration, with geopolitical factors and macroeconomic data also playing a role.
Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.
Trump's comment marks a shift in his repeated statements that Iran hand over its enriched uranium to the US as a sticking point of any potential deal.
India's exports experienced their steepest fall in five months, declining by 7.44 per cent in March to $38.92 billion, primarily due to trade uncertainty and geopolitical tensions, with shipments to West Asia contracting by over 50 per cent.
Indian javelin thrower Sachin Yadav finished eighth in his Diamond League debut in Rome with a throw of 79.18m, significantly below his personal best. Sri Lanka's Rumesh Tharanga Pathirage won the event with a historic 92.62m throw, the second longest by an Asian.
The Enforcement Directorate (ED) conducted fresh searches at the Kandi residence of arrested former Kolkata Police officer Santanu Sinha Biswas in connection with the alleged 'Sona Pappu' extortion and land-grab case.
Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.
India's largest private refiner, Reliance Industries Ltd, successfully navigated a volatile energy market in the last quarter of FY26 by diversifying crude sourcing and demonstrating operational agility, particularly in response to geopolitical disruptions and cost fluctuations.
French President Emmanuel Macron on Monday announced that France and the United Kingdom will jointly lead a multinational initiative to restore free and secure navigation in the Strait of Hormuz amid uncertainty over the virtual control of the strategic waterway between the US and Iran.
Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.
The Enforcement Directorate conducted raids across Maharashtra and Gujarat as part of a money laundering investigation against Mohammad Salim Dola, an alleged drug trafficker associated with the Dawood Ibrahim gang.
Dubai has the most competitive economy in the Middle East and ranked higher for its competitiveness than Japan, Germany, France and New Zealand, a new study released on Monday said.
Sri Lanka's President Anura Kumara Dissanayake announced that the country refused permission for the US to land two warplanes at Mattala International Airport, citing a commitment to neutrality amidst rising tensions in the Middle East.
The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.
Union Minister Ashwini Vaishnaw highlights the growing demand for AI-related jobs in India and the transformation needed in the IT industry. He also mentions significant investments in data centres and subsea cable networks to boost digital infrastructure.
Republican presidential candidate Mitt Romney plans pursue a more aggressive policy toward the Middle East, sharply different from that of United States President Barack Obama on Iran, Syria and Libya.
The jubilant Norwegians edged Senegal 3-2 to reach the last 32 and then celebrated by taking part in a "Viking row" on the pitch.
Pakistan's Prime Minister Shehbaz Sharif has offered to host talks between the US and Iran to help resolve the ongoing conflict in the Middle East, following reports of Pakistan's involvement in backchannel diplomacy.
The reopening of the Strait of Hormuz, following a ceasefire agreement between the US and Iran, is expected to significantly ease India's crude oil supply risks, lower freight costs, and reduce inflationary pressures, as global oil prices have already dropped.
The Narcotics Control Bureau (NCB) has successfully secured the return of Mohammad Salim Dola, a known international drug trafficker and associate of Dawood Ibrahim, from Turkiye.
The Reserve Bank of India (RBI) has debunked reports of gold sales, stating that its physical stock of gold remains unchanged at 880.52 tonnes, countering claims of selling approximately USD 12 billion to protect foreign-currency reserves.
'Refiners may soon be forced to adjust operations, curtailing runs as product exports stall and directing output solely to domestic markets.'
India said it attaches a high priority to its multifaceted relations with the Arab nations.
