The Indian rupee saw a significant appreciation against the US dollar following President Trump's suspension of military strikes against Iran and the Reserve Bank of India's decision to maintain its key interest rate. Market sentiment was further buoyed by positive comments from the RBI regarding the health of the banking sector.
Addressing members of the Islamic Revolutionary Guard Corps, armed forces, and police, Trump said they must lay down their weapons and accept complete immunity or face 'certain death'.
Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.
Benchmark indices Sensex and Nifty tumbled in early trade on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Track Sensex, Nifty50 movement and key market drivers for March 27, 2026.
Speaking to reporters during a cabinet meeting at the White House on Thursday, Trump said the US had engaged in 'very substantial talks' with Iranian officials and described the tanker movement as proof of seriousness in the discussions.
In a post on Truth Social, Trump said the decision followed a request from the Iranian government and added that talks between the two sides were 'going very well'.
The government has sharply reduced excise duty on petrol to 3 and diesel to zero, offering major relief to consumers. Here's how the price cut will impact fuel rates and inflation.
Bessent indicated that the U.S. is evaluating the status of Iranian oil as the current campaign progresses.
'I suspect that Bangladesh being given permission stuck in India's official craw, and this story was an attempt to balance the scales by giving the impression that a similar waiver had been given to India as well.'
Indian rice exporters are seeking urgent government support to mitigate the impact of shipping disruptions caused by the Iran crisis and instability in key maritime routes. The disruptions have led to increased freight rates, insurance premiums, and fuel costs, impacting domestic prices and exporter profitability.
UN Secretary-General Antonio Guterres has expressed deep concern over US President Donald Trump's warning to Iran and appealed for the re-establishment of freedom of navigation in the Strait of Hormuz.
Tensions between Washington, DC and Tehran have reached a boiling point, as a heavy barrage of aerial strikes was reported across multiple locations in Iran on Tuesday.
R Praggnanandhaa leads a fearless new generation at the Candidates 2026 as veterans face a shifting chess landscape ahead of a world title clash.
Opposition parties are demanding a full Parliament discussion on the West Asia conflict, criticising the government's silence and calling for a contingency plan to protect India's energy security and citizens.
If the Iranian regime needs to be punished for promoting quasi-terrorist outfits like Hezbollah and Hamas, then what about Pakistan which has spent decades exporting terror around the world, killing thousands, particularly in Afghanistan and India? asks M R Narayan Swamy.
Five members of the Iranian women's football team, who initially sought asylum in Australia, have withdrawn their claims and are returning to Iran.
Israeli PM Benjamin Netanyahu has affirmed that the United States and his administration have achieved nearly total dominance over Iranian airspace following a series of coordinated military strikes.
Trump said that the strait will be "open very soon" if ongoing negotiations with Tehran continue successfully.
India's manufacturing sector experienced a significant growth spurt in February, reaching a four-month high driven by strong domestic demand, according to the HSBC India Manufacturing PMI.
Indian-flagged vessels are navigating the Strait of Hormuz safely despite ongoing tensions in the region, ensuring the continued flow of vital energy supplies to India.
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.
Prime Minister Narendra Modi addressed the Israeli Parliament, reaffirming India's support for Israel in the face of terrorism and expressing support for the Gaza peace initiative.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
The USS Abraham Lincoln has been operating in the Arabian Sea since the end of January.
The 'Finalissima' match between Spain and Argentina that was scheduled to be held in Qatar has been cancelled due to the conflict in the Middle East while the South American side rejected multiple alternatives, UEFA said on Sunday.
We, Indians, forgot that for Pakistan, Kashmir dispute and blood feud with India is the raison detre for its existence. It is also the excuse with which the Pak army keeps its grip over the state. Peace in Kashmir and between India and Pakistan is against the interests of the Pak army, points out Colonel Anil A Athale (Retd).
Asha Bhosle, the legendary playback singer, had a lifelong passion for cooking, which she considered a stress reliever and a way to connect with loved ones.
The United States' historical strategic alignment with Pakistan, dating back to the Cold War, has consistently aimed to create a political and military parity with India, despite India's significantly larger size and resources. This long-standing relationship continues to influence regional dynamics, particularly in West Asia and the Indo-Pacific.
'Neither do the Israelis. The two attacking parties have very little economic interest in Hormuz.'
The Iranian embassy also posted a video purportedly showing the aftermath of the strike, with plumes of smoke visible.
After the United States and Iran agreed to a two-week ceasefire and expressed hope for lasting peace, Pakistan took much of the credit for playing mediator between the two countries. However, Jonathan Schanzer, Executive Director at the Foundation for Defence of Democracies and former US Treasury counterterrorism analyst, said Pakistan is deeply indebted to China.
13 films from the 2026 Cannes film festival, highlighting award-winning international cinema, unexpected gems, and restored classics that truly celebrated the art of filmmaking.
Barely 45.45 per cent of South Koreans achieve the recommended nightly rest, highlighting a growing wellness concern. Data from PlushCare places South Korea and several nations in the Middle East among seven nations where people consistently fall short of the expert-advised 8-9 hours of sleep each night, reflecting how modern routines are reshaping global rest patterns.
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.
The United States has temporarily lifted sanctions on the sale of Iranian oil already in transit to ease soaring global crude prices, making 140 million barrels available to the market.
The ministry of petroleum and natural gas on Friday reiterated that India has sufficient stock of crude oil, petrol and diesel, while ensuring an uninterrupted supply of LNG and LPG despite disruptions caused by the ongoing West Asia conflict.
Wipro, India's fourth-largest IT services company, has secured an eight-year deal with Singapore-based Olam group, valued at over $1 billion, and will also acquire Olam's IT and digital services arm, Mindsprint, for $375 million, marking one of its largest contracts to date.
US President Donald Trump threatened to bomb Iran if a deal is not reached before the ceasefire ends, while Pakistan urged both sides to extend the truce and pursue diplomacy.
Turkish President Recep Tayyip Erdogan's anti-tobacco crusade has a new target: Italian Prime Minister Giorgia Meloni, Politico reported.
Donald Trump has issued a stern warning to Iran, threatening massive retaliation if it attacks Qatar again, following reports of an Israeli strike on Iran's South Pars gas field and an attack on Qatar's LNG facilities.
