Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.
Rediff.com presents a slideshow on how people of the region are coping with the rare December snow.
The International Energy Agency (IEA) has proposed immediate demand-side measures, including remote work, lower speed limits, and reduced air travel, to mitigate the impact of a global oil supply shock caused by Middle East disruptions.
Pakistani Prime Minister Shehbaz Sharif is actively engaged in diplomatic efforts to de-escalate tensions in West Asia, offering to host talks between the US and Iran and engaging with regional leaders to promote peace and stability.
On Monday, March 9, Iran fired barrage of missiles in Central Israel including Yehud and Holon leaving one dead and several injured.
The Indian government is considering additional relief packages for vulnerable sectors like MSMEs to mitigate the impact of the ongoing West Asia crisis on the economy and inflation.
Israeli Prime Minister Benjamin Netanyahu on Thursday called for the opening of direct negotiations with Lebanon, as tensions persist along the border despite a two-week ceasefire aimed at halting hostilities in West Asia.
A spokesperson said the government is carefully assessing these communications in the context of the ongoing regional crisis.
Pezeshkian urged American citizens to look beyond 'manufactured narratives', claiming the portrayal of Iran as a threat is driven by the military-industrial complex and Israeli political interests.
Prime Minister Narendra Modi will visit Israel to enhance defence and trade cooperation amid Middle East tensions. Discussions will include defence, security, and the situation in Gaza.
Analysts predict India will face oil price volatility and macroeconomic effects due to the escalating Iran crisis, though the country's oil supply chain is not yet structurally insecure.
In a post on Truth Social, Trump used unusually harsh language to convey his message, reminding Tehran of his deadline to 'make a deal' or 'open the Strait'.
There are roughly 2,000 ships stranded in the Persian Gulf, carrying more than 20,000 seafarers, according to the International Maritime Organisation, as quoted by The Wall Street Journal.
Pakistan has announced its commitment to continue facilitating talks between the United States and Iran, urging both nations to uphold the ceasefire agreement. Deputy Prime Minister Ishaq Dar highlighted Pakistan's role in mediating recent discussions and expressed hope for durable peace and regional stability.
China has called on Iran to reopen the Strait of Hormuz and expressed appreciation for Tehran's commitment not to develop nuclear weapons, a key demand of the US to end the conflict.
Police sources said the bomber, belonging to the Aqsa Martyrs' Brigade that claimed responsibility for the attack, blew himself up in a line of people going through a customary security check at the mall's entrance.
The embassy also said that the exit must be undertaken in coordination with the mission.
The ECB cancelled the England Lions vs Pakistan Shaheens match in Abu Dhabi and postponed the England Women's training camp after US and Israeli strikes on Iran triggered missile fire across the Gulf and airspace closures.
External Affairs Minister S Jaishankar stated that India has demonstrated resilience in the face of recent global shocks, including the conflict in West Asia, while speaking at the convocation ceremony of IIM Raipur. He emphasised the importance of building national capabilities to de-risk and develop leverage in a changing global order.
India's top-ranked squash player Anahat Singh is focusing on the 2028 Los Angeles Olympics as the sport is all set to make its Olympic debut.
Citing sources familiar with the matter, the report said Trump believes the conflict is in its final stages and has urged aides to adhere to the four-to-six-week timeline he has outlined publicly.
The report said ships must submit full documentation, obtain clearance codes and accept IRGC-escorted passage through a designated corridor.
The Bharatiya Janata Party (BJP) has appointed Harsh Malhotra as the president of its Delhi unit, sparking speculation about an imminent reshuffle of the Union Council of Ministers. This move follows the BJP's 'one person, one post' principle and comes as the party prepares for upcoming elections and a review of ministerial performance.
'Present day youth are not interested in the past. They want to see what you are going to do now.'
Interpol's latest report reveals a significant surge in global financial fraud, driven by the increasing use of artificial intelligence by scamsters, resulting in losses of over USD 442 billion in 2025.
The container ship SELEN, en route to Karachi, was denied passage by the Islamic Revolutionary Guard Corps (IRGC) Navy due to lack of permission and failure to coordinate with Iranian maritime authorities.
The naval command underlined recent regional developments, which have now established a new reality in which extra-regional powers, led by Washington, DC, can no longer dictate terms or project unchecked influence in Iran's immediate maritime environment.
The Congress party has criticised the Modi government over Pakistan's involvement in US-Iran peace talks, calling it a 'monumental setback' for India's diplomatic efforts.
Trump claimed on social media that recent US-Iran discussions were 'very good and productive' and aimed at a 'complete and total resolution' of the conflict.
Just days ahead of a looming diplomatic showdown between Palestine and Israel, United Nations Secretary General Ban Ki-Moon on Wednesday stressed on a new international effort to break the Middle East "stalemate".
Amid escalating tensions, Iranian Deputy Foreign Minister Saeed Khatibzadeh declares Iran's unwavering commitment to a 'heroic nationalist defence' against perceived American and Israeli aggression, vowing to resist what he calls an 'invasion' to the very end.
The meeting follows a ceasefire agreement that was announced and welcomed by Shehbaz Sharif, who also extended invitations to both delegations for further negotiations.
Ronaldo's double for Saudi side Al-Nassr on Saturday took his tally to 956 goals for club and country, and with the 40-year-old set to play on for "one or two more years" his target looks achievable.
It is time for India to step up and get Russia, China and Europe to agree to a joint appeal to all combatants. Time is of essence, tomorrow may be too late, asserts Colonel Anil A Athale, former head of the history division, ministry of defence.
Bharat Sanchar Nigam Ltd will reduce ISD (international subscriber dialling) tariffs for Sri Lanka by 40 per cent and to Middle East countries by 20 per cent from October 1.
'On behalf of the Islamic Republic of Iran, I express gratitude and appreciation for my dear brothers HE Prime Minister of Pakistan Sharif and HE Field Marshal Munir for their tireless efforts to end the war in the region.'
Benjamin Netanyahu declares that the joint Israel-US campaign is successfully 'crushing' Iran, eliminating existential threats and weakening the regime's regional influence.
On Saturday, April 11, 2026, Pakistan is set to host crucial US-Iran talks aimed at solidifying a fragile ceasefire and de-escalating tensions in the Middle East.
