Following a US agreement to a ceasefire, Iran claims victory and outlines conditions for a lasting peace deal, including control over the Strait of Hormuz and the removal of sanctions.
'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'
The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.
A media report indicates the White House was directly involved in crafting a social media post by Pakistan's Prime Minister Shehbaz Sharif, requesting then-US President Donald Trump to extend the deadline on Iran.
TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.
Punjab Chief Minister Bhagwant Mann has accused the BJP of orchestrating recent blasts in the state, alleging it's part of their strategy for the upcoming assembly elections. The BJP has strongly refuted these claims, demanding proof or Mann's resignation, while the state DGP suggests Pakistani ISI involvement.
Underwater predators make life hell for everyone from Bollywood's Shanaya Kapoor to Bridgerton's Phoebe Dynevor on OTT this week along with much, MUCH more.
Iran has asserted that maritime movement through the Strait of Hormuz will be strictly controlled by Tehran, stating that passage will be allowed only through designated routes and under Iranian approval.
The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.
On the first anniversary of Operation Sindoor, the Indian military issued a stern warning to Pakistan, stating that no terror sanctuary across the border is safe and that India will continue to dismantle terrorist infrastructure.
Italy has denied the United States the use of the Sigonella military base for flights heading to West Asia, citing a lack of consultation and concerns over the nature of the flights. This decision reflects Italy's stance on avoiding escalation in the region, as Prime Minister Giorgia Meloni's government emphasises its desire to stay out of war.
US President Donald Trump on Friday referred to the Strait of Hormuz as a potential "gusher" for the world and spoken about "opening it for the world."
Amid ongoing tensions with the US, Iran's IRGC Navy has issued new directives restricting maritime movement through the Strait of Hormuz, allowing only civilian vessels on Iranian-designated routes and barring all military ships.
Is the current rally telegraphing a durable peace plan in West Asia, boosted by United States (US) President Donald Trump's incoherent and contradictory posts on social media?
Millions of soccer fans in the world's two most populous nations may not be able to watch the World Cup that starts next month, due to a deadlock over broadcast rights in India and no official decision in China.
Despite Iran allowing 'non-hostile vessels' through the Strait of Hormuz, marine insurance premiums are expected to remain elevated due to persistent high-risk classifications and ongoing geopolitical tensions, with experts cautioning that the threat of attacks and collateral damage still exists.
Eighteen months of preparation hang in the balance at a Tucson-based multi-use sports facility, where organisers say they remain in daily contact with FIFA about hosting Iran's national soccer team, even as geopolitical turmoil threatens to upend their World Cup plans.
A 32-year-old man has been arrested in Mumbai for allegedly stealing 27 LPG cylinders. The arrest comes amid rumours of cooking gas shortages.
Italy rejects a proposal by Trump envoy Paolo Zampolli to replace Iran at the FIFA World Cup 2026, as officials insist qualification must be earned on merit.
The fierce battles of Galwan, Rezang La, Gurung Hill, and Walong taught the PLA a hard lesson: Fighting the Indian Army would never be easy or inexpensive.
By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.
The Army paid a solemn tribute to Fazal, who died on Thursday after a brief illness. They remembered him as a "valiant son of the soil" who stood shoulder to shoulder with troops during Operation Sarp Vinash, which successfully dismantled terrorists' operational hub in Hill Kaka.
A river cruise boat carrying 29 passengers overturned in the Bargi dam reservoir near Jabalpur after encountering a sudden storm, resulting in four deaths and a large-scale rescue operation.
Punjab Congress chief Amrinder Singh Raja Warring has called for a probe by a sitting high court judge into the suicide of a warehousing corporation official in Amritsar, differing from other Congress MPs who want a CBI investigation. The case involves allegations of harassment against a former minister.
US President Donald Trump has indefinitely extended the ceasefire with Iran at the request of Pakistan, aiming to allow Tehran's leadership time to form a unified proposal to end the seven-week war.
The meeting follows a ceasefire agreement that was announced and welcomed by Shehbaz Sharif, who also extended invitations to both delegations for further negotiations.
Pakistan's Foreign Office has refuted media reports suggesting that its efforts to facilitate peace talks between the US and Iran have stalled, calling the reports baseless and speculative.
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.
Pakistan's Defence Minister Khawaja Asif has indicated that further Iran-US negotiations are anticipated soon, following talks in Pakistan. Despite initial optimism, the previous round of negotiations did not result in a lasting peace agreement.
An India-flagged vessel carrying 15,400 tonnes of liquefied petroleum gas (LPG) successfully crossed the Strait of Hormuz and arrived at Jawaharlal Nehru Port Authority (JNPA), demonstrating the resilience of maritime operations amid geopolitical tensions in West Asia.
'At the first sign of real trouble, that money will move. There will be a run.'
Police in Kashmir have arrested four drug peddlers from different areas and seized illegal substances from them.
India has denied making any payments to Iran to secure safe passage for its vessels through the Strait of Hormuz, following reports that Indian vessels were fired upon in the region.
US President Donald Trump in an exclusive interview to Axios on Wednesday, said that he would continue to keep the naval blockade until Iran agrees to deal with the United States by addressing America's concerns about the nuclear programme.
Donald Trump has expressed confidence that Tehran will engage in diplomatic talks, warning that the country will 'see problems' should it refuse to cooperate.
'Tamil Nadu has 42% of its population in the 18 to 39 age group. The bulk of the population in this age group voted for Vijay and women voters too voted for him in big numbers.'
Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.
Uttarakhand STF arrests Rinku Sharma, an interstate shooter, for the 2020 murder of Councillor Prakash Singh Dhami, revealing political rivalry and a turf war as motives.
Iranian officials allege a US airstrike on Mashhad airport damaged a Mahan Air plane set to collect vital medical aid from India.
Pakistan is actively engaged in diplomatic efforts to facilitate negotiations between the US and Iran, with hopes of hosting a second round of talks in Islamabad.
