The US and Israel launched the war on Iran on February 28, assassinating the 86-year-old Supreme Leader Ayatollah Ali Khamenei and military leaders on the first day
The US and Israel launched the war on Iran on February 28, assassinating the 86-year-old Supreme Leader Ayatollah Ali Khamenei and military leaders on the first day
While the Iranians suffered substantial losses in the war, they emerged from a confrontation with the world's most powerful military, having proved they can use economic chaos as a weapon
While the Iranians suffered substantial losses in the war, they emerged from a confrontation with the world's most powerful military, having proved they can use economic chaos as a weapon
A draft agreement by the United States and Iran calls for Tehran to dilute its stockpile of highly enriched uranium and would waive, but not permanently end, sanctions on the country, according to US officials who read the language of the memorandum on ending the war to journalists. The agreement would also open the Strait of Hormuz toll-free for two months and affirm a commitment to Lebanon's territorial integrity in the face of Israel's invasion against the Hezbollah militant group. US officials dictated the language to journalists Wednesday after days of secrecy, speaking on condition of anonymity. Iranian state TV later released text that largely tracks what the US put out. Meanwhile, Iran suggested the document could be signed by Presidents Donald Trump and Masoud Pezeshkian. Such a signing ceremony would represent a major step for the two countries, which saw diplomatic relations break off in 1980 over the US Embassy hostage crisis in Tehran. According to the officials, the .
A draft agreement by the United States and Iran calls for Tehran to dilute its stockpile of highly enriched uranium and would waive, but not permanently end, sanctions on the country, according to US officials who read the language of the memorandum on ending the war to journalists. The agreement would also open the Strait of Hormuz toll-free for two months and affirm a commitment to Lebanon's territorial integrity in the face of Israel's invasion against the Hezbollah militant group. US officials dictated the language to journalists Wednesday after days of secrecy, speaking on condition of anonymity. Iranian state TV later released text that largely tracks what the US put out. Meanwhile, Iran suggested the document could be signed by Presidents Donald Trump and Masoud Pezeshkian. Such a signing ceremony would represent a major step for the two countries, which saw diplomatic relations break off in 1980 over the US Embassy hostage crisis in Tehran. According to the officials, the .
Pakistan says that the deal to end the war in Iran is taking immediate effect' after both sides have signed it, but that there will still be a formal signing ceremony on Friday. Pakistani Prime Minister Shehbaz Sharif said leaders of both the US and Iran had signed the agreement and endorsed him as a mediator. He said in a post on X that the deal "shall enter into force with immediate effect and as a first step, Islamic Republic of Iran will instantly reopen the Strait of Hormuz and the United States of America will immediately lift the naval blockade." Sharif said that Pakistan and co-mediator Qatar will still host an official signing ceremony on Friday in Switzerland. His post came shortly after President Donald Trump said he'd signed the agreement during a dinner at the Palace of Versailles.
Pakistan says that the deal to end the war in Iran is taking immediate effect' after both sides have signed it, but that there will still be a formal signing ceremony on Friday. Pakistani Prime Minister Shehbaz Sharif said leaders of both the US and Iran had signed the agreement and endorsed him as a mediator. He said in a post on X that the deal "shall enter into force with immediate effect and as a first step, Islamic Republic of Iran will instantly reopen the Strait of Hormuz and the United States of America will immediately lift the naval blockade." Sharif said that Pakistan and co-mediator Qatar will still host an official signing ceremony on Friday in Switzerland. His post came shortly after President Donald Trump said he'd signed the agreement during a dinner at the Palace of Versailles.
Agreement sets stage for 60-day negotiations on sanctions relief, nuclear programme and regional security
Agreement sets stage for 60-day negotiations on sanctions relief, nuclear programme and regional security
US says Iran agreement remains open until final deal
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
G7 leaders welcome interim accord, call for Lebanon ceasefire and back efforts to reduce reliance on Strait of Hormuz
Despite global trade disruptions stemming from the West Asia conflict and the imposition of US tariffs, India's exports reached a record high of USD 863 billion in Financial Year 2025-26, a senior Commerce Ministry official said on Wednesday. "This has been a very difficult year, from US tariffs to West Asia crises, but despite that, we have proved that India is very resilient as far as the export ecosystem is concerned. India's total exports reached an all-time high of USD 863 billion in FY 2025-26," said Additional Secretary in the Department of Commerce, Ajay Bhadoo. Bhadoo was speaking at the Outreach Programme: 12 years of achievements and progress of SEZs of Gujarat & vision of future" in Ahmedabad. He said India's overall exports have nearly doubled from approximately USD 441 billion to USD 863 billion over the last decade, led by sectors such as engineering goods, petroleum products, electronics, pharmaceuticals, gems & jewellery, and chemicals. He added that Gujarat ..
Fuel prices were raised to reduce losses at state-run oil companies, but despite easing pressure after lower crude prices, consumers may not see immediate relief
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
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
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."
In event of an end to the West Asia war, equities seem to be favourably placed and macros should improve, says PhillipCapital in its India Strategy report.
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