Monday, March 02, 2026 | 01:09 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Israel Iran Conflict

Who's driving the US-Israel-Iran conflict and who holds power in Tehran now

US and Israeli strikes killed Iran's Supreme Leader Ayatollah Ali Khamenei and top commanders, reshaping Tehran's power structure as questions mount over who will lead next

Who's driving the US-Israel-Iran conflict and who holds power in Tehran now
Updated On : 02 Mar 2026 | 12:59 PM IST

West Asia conflict: 20 international flights cancelled from Kolkata airport

At least 20 international flights were cancelled from Kolkata on Monday due to the escalating conflict in West Asia, airport sources here said. According to officials at the Netaji Subhas Chandra Bose International Airport, multiple flights operated by international carriers were cancelled for the day due to the prevailing war-like situation in West Asia and related operational constraints. The cancelled services included four arrivals and four departures by Emirates, two arrivals and two departures each by Qatar Airways and Etihad Airways, one arrival and one departure of Air Arabia, and one arrival and one departure of Flydubai. Officials said several passengers scheduled to travel to Gulf destinations such as Dubai, Doha and Abu Dhabi were affected by the cancellations, prompting airlines to assist them with rescheduling or alternative arrangements. "Flight schedules are being closely monitored, and passengers are advised to check with their respective airlines before heading to

West Asia conflict: 20 international flights cancelled from Kolkata airport
Updated On : 02 Mar 2026 | 12:38 PM IST

Fire, smoke seen inside US Embassy compound in Kuwait after attack by Iran

Fire and smoke rose from inside the US Embassy compound in Kuwait after an Iranian attack on the small Mideast nation on Monday. Video obtained by The Associated Press showed the smoke with an alarm wailing. The United States had earlier issued an urgent warning to Americans there to take cover and remain indoors. It said: "Do not come to the Embassy," without elaborating.

Fire, smoke seen inside US Embassy compound in Kuwait after attack by Iran
Updated On : 02 Mar 2026 | 12:36 PM IST

3 out of 5 Nifty 500 stocks below 200-DMA; buy for the long term: Analysts

A total of 333 stocks from the Nifty 500 index were seen trading below their respective 200-day moving averages in Monday's trade amid the US-Israel-Iran war triggered market fall.

3 out of 5 Nifty 500 stocks below 200-DMA; buy for the long term: Analysts
Updated On : 02 Mar 2026 | 12:28 PM IST

Iranian-backed militias enter conflict as war widens across region

Iran fired missiles at Israel and Arab states Monday and the war expanded to include militias Tehran backs in the Middle East with an attack by Hezbollah on Israel, which struck back against the group in Lebanon and with the United States pounded targets in Iran. As the American and Israeli airstrikes kept hitting the country, top Iranian security official Ali Larijani said on X: "We will not negotiate with the United States." Trump, who a day earlier had encouraged Iranians to "take over" their government, signaled Sunday that he was open to dialogue with Iran's new leadership. Meanwhile, Iran's foreign minister suggested earlier that military units were acting independently from any central government control after being pressed about attacks on Gulf Arab nations that have served as intermediaries for Tehran in the past. More than 200 people have been killed since the start of the strikes that killed Iran's Supreme Leader Ayatollah Ali Khamenei and other senior leaders, Iranian .

Iranian-backed militias enter conflict as war widens across region
Updated On : 02 Mar 2026 | 12:07 PM IST

Israeli strikes on Lebanon's capital kill 31 after Hezbollah attack

Israel launched a barrage of strikes on Lebanon's capital, Beirut, after the Lebanese militant group Hezbollah fired missiles across the border early Monday. It was the first time in more than a year that Hezbollah has claimed a strike against Israel. The Israeli military said it intercepted a projectile that crossed the border and that several others fell in open areas. No injuries or damage were reported. Hezbollah said in a statement that the strikes were carried out in retaliation for the killing of Iran's supreme leader, Ali Khamenei, and for "repeated Israeli aggressions.

Israeli strikes on Lebanon's capital kill 31 after Hezbollah attack
Updated On : 02 Mar 2026 | 12:02 PM IST

West Asia war: How Strait of Hormuz closure hurts Adani Ports, JSW Infra

Shares of Adani Ports, JSW Infra, GMR Airports fell on Monday as Iran blocks Strait of Hormuz. Analysts fear rising freight rates, and LNG, LPG costs may hurt imports and EXIM cargo

West Asia war: How Strait of Hormuz closure hurts Adani Ports, JSW Infra
Updated On : 02 Mar 2026 | 11:58 AM IST

'Will not negotiate with US': Iran's security chief as conflict escalates

Iran's Supreme National Security Council chief Ali Larijani said Tehran will not negotiate with the US, hours after Donald Trump said Iran's new leadership wants to negotiate

'Will not negotiate with US': Iran's security chief as conflict escalates
Updated On : 02 Mar 2026 | 11:56 AM IST

RBI likely selling dollars to support rupee amid West Asia crisis: Traders

The ‌traders noted that the central bank's dollar sales via state-run banks were not aggressive, and were likely intended to limit volatility

RBI likely selling dollars to support rupee amid West Asia crisis: Traders
Updated On : 02 Mar 2026 | 11:40 AM IST

Gulf flight operations from Kerala hit for third day amid West Asia crisis

Flight operations to Gulf countries from Kerala were affected for the third consecutive day on Monday following the conflict in West Asia, with authorities indicating that the disruption may last a few more days. Cochin International Airport Limited (CIAL) listed around 45 departing flights from Kochi as cancelled for Monday on its official website. However, an Oman Air flight to Muscat departed at 8.10 am. Similarly, Saudia flights to Jeddah and Riyadh, an Oman Air flight to Muscat, an Etihad Airways flight to Abu Dhabi and a SpiceJet flight to Dubai were listed as scheduled. Around a similar number of arrival flights were also shown as cancelled at Kochi. Thiruvananthapuram International Airport Limited (TIAL) said that 20 flights to the Gulf region remained cancelled on Monday. Over the past three days, a total of 65 flight services to and from the Thiruvananthapuram airport have been cancelled. An Oman Air flight from Muscat arrived at 7.20 am and departed around 8.30 am, ai

Gulf flight operations from Kerala hit for third day amid West Asia crisis
Updated On : 02 Mar 2026 | 11:13 AM IST

All about Iran's Revolutionary Guard, powerful force in country's theocracy

Iran's paramilitary Revolutionary Guard has grown into a powerful force within the country's theocracy, answering only to its supreme leader and overseeing its ballistic missile arsenal and launching attacks overseas. The force is again in the spotlight as Iran widens its attacks across the Middle East following the start of a US-Israeli airstrike campaign that's already killed the country's Supreme Leader Ayatollah Ali Khamenei. Here's what to know about the Guard. Born out of a revolution ------------------------- The Guard rose out of Iran's 1979 Islamic Revolution as a force meant to protect the country's Shiite cleric-overseen government and later became enshrined in its constitution. It operated parallel to Iran's regular armed forces, growing in prominence and power during a long and ruinous war with Iraq in the 1980s. Though it faced possible disbandment after the war, Khamenei granted it powers to expand into private enterprise, allowing the force to thrive. The Guard r

All about Iran's Revolutionary Guard, powerful force in country's theocracy
Updated On : 02 Mar 2026 | 11:02 AM IST

Security lapses left top leadership exposed: How attack on Iran unfolded

Despite warnings after an earlier wave of killings, top Iranian officials gathered in person, and Israel seized the chance to kill Iran's supreme leader

Security lapses left top leadership exposed: How attack on Iran unfolded
Updated On : 02 Mar 2026 | 10:51 AM IST

US futures, Asian shares open lower, oil prices soar amid Iran crisis

The US and Israeli attacks on Iran rattled world markets on Monday, with US futures initially falling more than 1 per cent and oil prices soaring, though both moderated as trading picked up. The futures for the S&P 500 and Dow Jones Industrial Average were down about 0.8 per cent by mid-morning in Bangkok. Asian shares opened lower. Japan's Nikkei 225 index initially fell more than 2 per cent, but by midday Tokyo time it was down 1.5 per cent at 57,981.54. In Hong Kong, the Hang Seng lost 1.6 per cent to 26,215.91, and the Shanghai Composite index was flat at 4,163.01. Taiwan's benchmark lost 0.6 per cent and Singapore's dropped 1.9 per cent. In Bangkok, the SET fell 2.1 per cent. Australia's S&P/ASX 200 shed 0.3 per cent to 9,173.50. Markets were closed in South Korea for a holiday. The price of gold, usually viewed as a safe haven for investment in times of uncertainty, rose 2.4 per cent to about USD 5,371 per ounce. Traders were betting the supply of oil from Iran and ...

US futures, Asian shares open lower, oil prices soar amid Iran crisis
Updated On : 02 Mar 2026 | 10:51 AM IST

West Asia oil output may need to stop if Hormuz closed for 25 days

Around 19 million barrels a day of liquid fuel exports, including 16 million barrels a day of crude, transit the strait

West Asia oil output may need to stop if Hormuz closed for 25 days
Updated On : 02 Mar 2026 | 10:42 AM IST

Passengers stranded at Delhi's IGI airport amid tensions in West Asia

A passenger claimed that almost all routes to the West Asia are getting cancelled, which makes travelling to Mecca and Medina for Ramadan difficult

Passengers stranded at Delhi's IGI airport amid tensions in West Asia
Updated On : 02 Mar 2026 | 10:21 AM IST

Prolonged conflict in West Asia could push the Nifty below 24,500: Analysts

On the upside, the 25,350-25,500 band now acts as a key resistance area for the Nifty, according to Ponmudi R, CEO of Enrich Money, a SEBI-registered online trading and wealth tech firm

Prolonged conflict in West Asia could push the Nifty below 24,500: Analysts
Updated On : 02 Mar 2026 | 10:19 AM IST

Oil price surge hits airlines, tyre stocks; IndiGo slides 7%, JK Tyres 16%

Airlines, tyre and paint stocks tumble as crude surges 9 per cent amid Iran-Israel-US tensions. Shares of IndiGo, SpiceJet, JK Tyre, Asian Paints, Berger Paints slide sharply on Monday

Oil price surge hits airlines, tyre stocks; IndiGo slides 7%, JK Tyres 16%
Updated On : 02 Mar 2026 | 10:18 AM IST

US military used Claude for strikes in Iran despite Trump's criticism

The US military reportedly used Anthropic's AI model Claude to analyse intelligence, identify potential targets, and run combat scenario simulations for its strike in Iran

US military used Claude for strikes in Iran despite Trump's criticism
Updated On : 02 Mar 2026 | 10:11 AM IST

Drone that hit British military base caused limited damage: Cyprus

Cyprus' government spokesperson said an "incident" that happened at a British air base on the island nation's southern coastline involved an "unmanned drone which caused limited damage." Spokesperson Constantinos Letymbiotis said the incident at RAF Akrotiri occurred shortly after midnight Monday. He said "information received through various channels" indicated a drone strike. He didn't specify what kind of drone, where it was launched from or the extent of damage. Letymbiotis said Cypriot authorities have enacted security protocols and are monitoring the situation in coordination with the UK and its two military bases in Cyprus. The suspected drone strike occurred after British Prime Minister Keir Starmer said the UK would help the US in the war against Iran.

Drone that hit British military base caused limited damage: Cyprus
Updated On : 02 Mar 2026 | 10:05 AM IST

Mobile internet restricted in J&K amid protests over Khamenei killing

Mobile internet speeds were throttled across Kashmir on Monday, in the wake of spontaneous protests against the killing of Iranian supreme leader Ayatollah Ali Khamenei, officials said. They said the step was taken as a precautionary measure to maintain law and order in the area. Khamenei was killed in an airstrike in Tehran on Saturday during a joint Israel-US attack on Iran. Iranian state media confirmed the same on Sunday, triggering a wave of protests and mourning across the world, including India. Kashmir - which has about 15 lakh Shias - witnessed major protests at Lal Chowk, Saida Kadal, Budgam, Bandipora, Anantnag and Pulwama, an official said. The protesters were seen beating their chests as they shouted anti-US and anti-Israel slogans. Officials said the high-speed mobile internet has been throttled as network speeds have been curtailed across all mobile networks in the Kashmir valley. Meanwhile, the police have issued an advisory urging all media organisations and news

Mobile internet restricted in J&K amid protests over Khamenei killing
Updated On : 02 Mar 2026 | 10:02 AM IST