World News
US, Iran unveil 14-point interim pact to halt conflict, reopen Hormuz
Agreement sets stage for 60-day negotiations on sanctions relief, nuclear programme and regional security
 "US, Iran unveil 14-point interim pact to halt conflict, reopen Hormuz")
Fed begins Warsh era by keeping rates on hold, sees a hike later this year
The Fed kept rates unchanged but signalled a possible hike later this year as inflation concerns persisted under new Chair Kevin Warsh
 "Fed begins Warsh era by keeping rates on hold, sees a hike later this year")
US says signed Iran pact remains reversible until binding deal is reached
US says Iran agreement remains open until final deal
 "US says signed Iran pact remains reversible until binding deal is reached")
Datanomics: Europe, not Asian nations, India's top arms supplier
Despite Jaishankar's criticism, Europe has overtaken Asia as India's biggest arms supplier, reflecting New Delhi's evolving defence procurement strategy
 "Datanomics: Europe, not Asian nations, India's top arms supplier")
Trump defends Iran deal, says he wanted to avert economic disaster
Economists say the peace deal spells good news for the global economy, but warn of huge risks if the deal falls through and the conflict intensifies
 "Trump defends Iran deal, says he wanted to avert economic disaster")
If India comes under attack, US will help: Trump at briefing with PM Modi
Trump also offered condolences over the deaths of three Indian sailors in recent US military strikes
 "If India comes under attack, US will help: Trump at briefing with PM Modi")
The cloud has sound: The unrelenting and unseen cost of AI boom
The boxy industrial facilities house thousands of servers and chips to process billions of operations daily and store vast amounts of data
 "The cloud has sound: The unrelenting and unseen cost of AI boom")
India-EU free trade deal to be inked by year-end: Ursula von der Leyen
In the meeting, held on the sidelines of the G7 summit in this French commune, the two sides also resolved to step up security and defence cooperation
 "India-EU free trade deal to be inked by year-end: Ursula von der Leyen")
G7 exchange between Modi, Starmer hints at breakthrough in trade deal
Starmer and Modi had a formal bilateral meeting at the G7 summit in Evian on Tuesday, but neither of the readouts from the British or Indian sides made any mention of the steel dispute
 "G7 exchange between Modi, Starmer hints at breakthrough in trade deal")
Trump on Iran truce: 'If I don't like it, we'll go back to shooting'
G7 leaders welcome interim accord, call for Lebanon ceasefire and back efforts to reduce reliance on Strait of Hormuz
At G7, PM Modi calls for Global South support fund, skills partnership
Prime Minister Narendra Modi said growth must be judged by who benefits, while pitching support mechanisms, connectivity projects and trusted skilled mobility for Global South nations
 "At G7, PM Modi calls for Global South support fund, skills partnership")
From Russia, Iran, China to India: Why governments keep targeting Telegram
India's temporary restriction on Telegram ahead of the Neet-UG re-examination puts the spotlight on a platform that has repeatedly faced government action across the world
 "From Russia, Iran, China to India: Why governments keep targeting Telegram")
G7 leaders support Ukraine, agree to increase pressure on Russia amid war
G7 leaders also welcomed the preliminary peace deal between the United States and Iran - which Trump signed on the eve of the summit - and said they are ready to contribute to its implementation
 "G7 leaders support Ukraine, agree to increase pressure on Russia amid war")
Iran fires drones at commercial ships in Hormuz after peace deal: Report
The firing took place after the signing of the US-Iran memorandum of understanding (MoU) on Sunday, and the drones were intercepted by the US military
 "Iran fires drones at commercial ships in Hormuz after peace deal: Report")
US to give $300 bn to Iran: Does Trump's deal mirror Obama's nuclear pact?
According to the memorandum, the US, with its regional partners, will provide at least $300 billion in reconstruction funds to Iran "for the rehabilitation and economic development."
 "US to give $300 bn to Iran: Does Trump's deal mirror Obama's nuclear pact?")
Iran deal includes $300 bn fund, more than half of which already committed
Iran has attracted almost no significant foreign direct investment in the past four decades, frozen out of global capital markets by successive waves of US and international sanctions
 "Iran deal includes $300 bn fund, more than half of which already committed")
Why G7 nations are concerned about mounting global economic imbalances
G7 finance ministers agreed last month coordinated action, long elusive in the broader G20 grouping, was needed and warned imbalances could otherwise unwind in a financial crisis
 "Why G7 nations are concerned about mounting global economic imbalances")
Pizza Hut sold to LongRange Capital and Yum China for $2.7 billion
LongRange Capital will acquire Pizza Hut's operations outside mainland China for roughly $1.5 billion. Yum China will acquire the remaining franchise rights for about $1.2 billion
 "Pizza Hut sold to LongRange Capital and Yum China for $2.7 billion")
Iran now has powers to shut Strait of Hormuz at will, warns US Intel report
Iran's ability to hurt the economy using the critical waterway can crop up again regardless of the framework agreement to be signed on Friday, the assessment revealed
Fifa World Cup 2026: Counter-drone systems deployed at all US match venues
Giuliani said all 78 World Cup matches in the United States, along with fan festivals in every host city, will be protected by counter-drone systems throughout the tournament
 "Fifa World Cup 2026: Counter-drone systems deployed at all US match venues")