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WTO reform talks stall as US-India divide blocks progress in Cameroon

While the US and India acknowledge the need to reform the global trading system, they have resisted proposals of a substantive workplan on reforms

SoftBank secures $40 billion loan to boost OpenAI investments

SoftBank secures $40 billion bridge loan to deepen OpenAI ties and scale AI investments, signalling an aggressive push in the global generative AI race

Ukraine and Saudi Arabia sign deal on defence cooperation, says Zelenskyy

Zelenskiy said the framework agreement was signed ahead of a meeting with Saudi Crown Prince Mohammed bin Salman

Shipping to and from ports of US-Israeli allies is prohibited: Iran's IRGC

The IRGC added that the Strait of Hormuz is closed and any transit through the waterway will face "harsh measures"

West Asia conflict pushes India to rekindle old friendship with Russia

Delhi and Moscow are deepening their energy cooperation, with both sides agreeing to prepare for Russia to resume ​direct sales of LNG for the first time since the start of the Ukraine war

India's wheat harvest expected to rise in 2026 but below estimates

After years of weak output, production rebounded in 2025 on favourable weather, but a late-February heat spike again this year raised concerns

Market under pressure; rupee crosses 94 per dollar

Govt asks auto sector to optimise production as war hurts energy supplies

The ministry has also urged companies to shift factory operations from oil-based fuels to electricity and to use recycled aluminium or alternative materials as shortages and costs rise

Oil prices set for sharp weekly drop as Trump signals Iran talks progress

Brent futures fell 84 cents, or 0.8 per cent, to $107.17 per barrel as of 0353 GMT, while US West Texas Intermediate futures lost $1.02, or 1.1 per cent, to $93.46 per barrel

India seeks steelmaking raw material from Argentina, Indonesia, Oman

The talks are expected to ‌begin next month at a global steel summit, described by the Indian government as the country's largest international conference-cum-exhibition

RBI to hold key interest rate unchanged until at least mid-2027: Poll

Most economists said the RBI is unlikely to deviate from the ​neutral stance it has maintained since June given the uncertainty around how long the conflict will ‌persist

Asian stocks extend global rout, bonds hammered as Iran war drags on

Investors took ​a modicum of comfort from US President Donald Trump's decision to extend his ultimatum to strike ​Iranian power plants by 10 days

Oil prices fall as Trump pauses attacks on Iranian energy plants

Brent futures fell 90 cents, or 0.8 per cent, to $107.11 per ‌barrel as of 0024 GMT, while US West Texas Intermediate futures lost 83 cents, or 0.88 per cent, to $93.65 per barrel

Trump says Iran's 'present' to US was letting 10 oil tankers pass Hormuz

Trump made the comments at a Cabinet meeting in the White House, elaborating on what he had previously described as a "present" from Iran

India asks auto industry to optimise output as Iran conflict hits supplies

The government has already prioritised use of gas for households over industries, which get only about 80 per cent of their average needs

US weekly jobless claims edge up to 210,000; labour market remains stable

Claims have been tucked in a 201,000-230,000 range this year amid low layoffs

Oil rises as investors reassess West Asia ceasefire prospects

Oil jumps over 3% as Middle East tensions threaten supply, with Hormuz disruption and global outages intensifying fears of a prolonged energy crisis

G7 leaders' June summit to include India, Brazil, Kenya, not China: Elysee

France invites India, Brazil, South Korea and Kenya to G7 summit as it pushes to fix global imbalances amid energy shocks and geopolitical uncertainty

Pentagon considers redirecting Ukraine military aid to West Asia: Report

The weapons that could be redirected include air defense interceptor missiles purchased through a NATO initiative launched last year, under which partner countries buy US arms for Kyiv

Thyssenkrupp, Jindal Steel sale talks falter on pension and energy costs

The companies could decide to officially stop negotiations as soon as next month, one of the people said