Indian benchmark indices Sensex and Nifty surged significantly in early trade, tracking a global rally fueled by US President Donald Trump's declaration of an end to the war with Iran and a subsequent drop in crude oil prices.
'But two things worked against them: People kept coming forward, and -- crucially -- these were not outsiders.'
Former US President Donald Trump claimed he stopped a war between India and Pakistan and expressed his desire to be remembered as a great peacemaker.
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.
Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.
Buzz Lightyear's 'to infinity and beyond' in Toy Story was meant as an impossible boast. Voyager, however, has given it unexpected meaning -- not because it will ever reach infinity, but because for it the beyond is already in progress
As a ruler he was a pragmatist and adaptable, and trying all the time to strengthen and perpetuate the empire that he and his forefathers had built.He seldom, if ever, allowed his policies to be determined by his religious beliefs, notes Rudrangshu Mukherjee.
Mohanlal's highly anticipated film Drishyam 3 has been postponed from its initial April 2 release to May 21, coinciding with the actor's birthday, due to ongoing war tensions in the Gulf region and the upcoming Kerala elections.
A Congressional Research Service report reveals that at least 42 US aircraft were lost or damaged during Operation Epic Fury, targeting Iran, with costs estimated to reach USD 29 billion.
The Congress party has accused the government of concealing the supreme sacrifice of six soldiers during Operation Sindoor, thereby denying them honour and recognition. Congress leader Pawan Khera questioned Defence Minister Rajnath Singh's statement in Parliament, suggesting he either lacked knowledge or misled the House. The Defence Ministry, however, refuted these claims, stating that social media posts selectively quoted the minister's remarks to misrepresent the facts.
France head coach Didier Deschamps made World Cup history by becoming the most successful manager in terms of victories after France's dominant 3-0 win over Sweden, with Kylian Mbapp starring once again to send Les Bleus into the Round of 16.
For weeks, the war skirted the edge of catastrophe without tipping over. Missiles flew, there was much destruction, commanders were assassinated, cities across the Gulf and even in Israel struggled to absorb the shock. But one line held: Energy infrastructure, the arteries of the global economy, remained largely untouched. That is no longer true. Prem Panicker continues his must read daily blog on the Gulf War.
US President Donald Trump is inclined to reject Iran's latest diplomatic proposal, which suggests restoring maritime traffic through the Strait of Hormuz while deferring nuclear programme concerns, according to CNN. Concerns remain over Iran's nuclear enrichment and internal government fractures.
Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.
'After we were alerted about the war, none of us could sleep for the next two nights while sailing through those waters.'
Prime Minister Narendra Modi has welcomed the understanding between the United States and Iran to end the conflict in West Asia, expressing hope that the pact will restore peace, stability, and ensure freedom of navigation in the region. The deal, aimed at ending a 107-day war that caused a global energy crisis, is set for signing on June 19.
The Nifty IT index has been one of the worst sectoral performers in calendar year 2026, losing nearly 29 per cent till date compared to the 8 per cent dip in the Nifty 50 index.
Crude oil prices are projected to fall significantly this year, driven by hopes of a peace deal between the US and Iran, which could lead to the reopening of the Strait of Hormuz, and a notable drop in Chinese demand for seaborne crude imports.
US President Donald Trump and Pakistan Prime Minister Shehbaz Sharif have announced a landmark peace deal between the US and Iran, which includes the crucial reopening of the strategically important Strait of Hormuz and the immediate cessation of military operations in Lebanon.
France has become the first team in FIFA World Cup history to score three or more goals in five consecutive matches, a milestone confirmed after their 3-0 victory over Sweden. Captain Kylian Mbappe's double secured their spot in the Round of 16 and set new personal records, surpassing Ronaldo and Leonidas in knockout stage goals and nearing Lionel Messi's overall World Cup goal tally.
US President Donald Trump has asserted that the destruction of an American military aircraft will have no bearing on diplomatic discussions with Iran, according to a report by NBC News.
Madhya Pradesh Chief Minister Mohan Yadav and Union minister Jyotiraditya Scindia on Sunday laid the foundation stone for a defence manufacturing plant in Shivpuri district. The unit, comprising a missile complex, a composite propellant complex and a TNT complex, is being set up by Adani Defence and Aerospace, a subsidiary of the Adani Group, at a cost of about Rs 2,500 crore, said officials.
Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.
The NCERT Class 8 social science textbook has undergone significant revisions, including a tweaked narrative on the 1947 Partition, the inclusion of VD Savarkar's demand for Swaraj, and the removal of references to Adolf Hitler and Nazi ideology. These changes follow a Supreme Court intervention regarding controversial content on the judiciary.
Morocco's impressive rise in global football is uniquely funded by its vast phosphate reserves, with the state-owned OCP Group investing heavily in national team development. This strategic investment, driven by a royal directive, supports training academies and infrastructure, contributing to the nation's recent successes like reaching the 2022 World Cup semi-finals and hosting the 2025 Africa Cup of Nations. The country's abundant phosphate resources provide a stable economic base for these ambitious sporting endeavours.
On Doctors' Day this week let's turn the spotlight onto doctors who decided to become leaders.
Iran's Supreme Leader Mojtaba Khamenei will not attend his father, former Supreme Leader Ali Khamenei's, funeral due to security concerns stemming from Israeli threats. This decision follows a sharp warning from Iran's Foreign Minister to the United States, urging it to control Israel after its Defence Minister reportedly marked Khamenei for death. The incident highlights escalating tensions and ongoing diplomatic efforts to de-escalate hostilities in West Asia.
Glimpses from outgoing Chief of Defence Staff General Anil Chauhan's ceremonial farewell in New Delhi.
Sonia Gandhi criticised PM Modi's Israel visit, calling it a "bewildering strategic decision" amid the regional conflict.
People across Kashmir have donated generously to Iran, which has been ravaged by war. Donations included cash, gold, silverware, and copper utensils. A woman even donated gold kept as a memento of her husband, who died 28 years ago. The Iranian Embassy in New Delhi has expressed its gratitude for the support.
India is navigating a complex diplomatic landscape, attempting to balance its 'forever honeymoon' with the Israel-UAE-Bahrain axis against its historical ties with Iran, as evidenced by recent high-level visits and evolving geopolitical realignments in the Middle East, observes Ambassador M K Bhadrakumar.
Despite initial pressure from the West Asia conflict, analysts are optimistic about the Indian hospital sector's outlook, citing strong demand drivers and ongoing expansion plans that are expected to fuel significant revenue growth over the next few years.
Prime Minister Narendra Modi will review the impact of the West Asia conflict on India's food, energy, and fuel security with senior cabinet ministers. The meeting follows previous discussions and concerns raised about global energy crises and supply chain disruptions.
India's crude oil imports from Russia reached a record high of approximately 2.73 million barrels per day (mbpd) in June, driven by discounts of $2-5 a barrel. This surge comes as the West Asia crisis disrupted supplies from traditional sources and China reduced its own purchases, leading Russia to offer more favourable terms to India.
"The world might face a food crisis if the war continued till the end of April, as it could have a dramatic impact on planting in Europe and North America," said Matt Simpson, CEO of Brazil Potash.
'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.
Economist Jeffrey Sachs saw Gulf nations' decision to partner with the US through the Abraham Accords as an "invitation for disaster" as it made them more dependent on American protection.
Iran's soccer team arrived in the United States for the first time at this World Cup on Sunday, landing at Los Angeles International Airport and holding a press conference on the same day that a peace deal between the two nations was announced.
Pope Leo XIV on Monday underscored his commitment to spiritual advocacy over political friction, stating that he has no desire to engage in a confrontation with the US administration.
Iran has issued a defiant response to United States President Donald Trump's claims regarding the conclusion of hostilities, asserting that it alone will 'determine' the end of military actions against American and Israel targets.
