Unlike most economies, China didn't see the sharp spurt in inflation that followed reopening from the pandemic
An Iranian envoy says Tehran will "take immediate and proportionate" action if US President Donald Trump follows through on his threats to attack the country's "whole civilization." Tehran's United Nations representative, Amir-Saeid Iravani, said Trump's threats that a "whole civilization will die" if Iran does not make a deal "constitute incitement to war crimes and potentially genocide." During a Security Council session on the Strait of Hormuz, Iravani urged the international community to call out Trump's rhetoric before it's too late. "Iran will not stand idle in the face of such egregious war crimes. It will exercise, without hesitation, its inherent right of self-defence and will take immediate and proportionate reciprocal measures," he said.
India imports more than 90 per cent of its oil needs and roughly half its gas requirements
Iran has shown it retains the ability to strike targets in neighbouring countries and effectively shut transit through the Strait, previously a conduit for a fifth of global oil supply
The Indian Embassy in Iran has advised Indian nationals to remain indoors for the next 48 hours, avoid military and electrical installations, and stay in close contact with embassy
He also warned that "if the situation gets out of control, Iran's allies will also close the Bab El-Mandeb Strait"
The diplomatic mission is located in Levent, one of Istanbul's main financial districts, and surrounded by office towers, shopping malls and heavy foot traffic
US President Donald Trump has repeatedly warned of targeting Iran's infrastructure, including power plants and bridges, if Tehran does not agree to a deal
Typically WTI trades at a discount to Brent, but this has reversed in a market where barrels for earlier delivery command a higher price
The US weapons systems officer stranded in a remote mountainous region in Iran was located through advanced locator beacons and covert intelligence
The plan includes a $1.5 billion sovereign guarantee fund to provide insurers with reinsurance support and liquidity should insurance costs remain high, said one government source
Sensex Today | Stock Market LIVE Updates, Tuesday: The Nifty50 may break its three-day gaining streak at open. Asia markets were trading mixed as traders focus on Middle East situation
A new report has flagged a delayed risk cycle for India from the US-Iran conflict, as liquidity tightens and cash-flow stress builds before defaults, even as headline indicators remain stable
The Iranian President said that he, too stands ready to be sacrificed for the country
The Iranian President said that he, too stands ready to be sacrificed for the country
Iran's warning over a possible Bab al-Mandeb closure has raised concerns over global trade. The strategic strait carries oil and goods between Asia, Europe and West Asia
Trump's warnings to target Iran's infrastructure have triggered legal scrutiny as experts say such threats may violate international humanitarian law and escalate risks of war crimes
The King Fahd Causeway, a key bridge linking Saudi Arabia and the island of Bahrain, reopened Tuesday morning after closing for hours over possible threats from Iran. The King Fahd Causeway Authority made the announcement in a post on X, saying the only route by road between Bahrain and the Arabian Peninsula had reopened. Bahrain's airport has been closed over the Iranian attacks for weeks. The hours-long closure came after a ballistic missile attack from Iran targeted Saudi Arabia and may have done damage to energy infrastructure there. The kingdom has not elaborated on the damage from that attack.
The King Fahd Causeway, a key bridge linking Saudi Arabia and the island of Bahrain, reopened Tuesday morning after closing for hours over possible threats from Iran. The King Fahd Causeway Authority made the announcement in a post on X, saying the only route by road between Bahrain and the Arabian Peninsula had reopened. Bahrain's airport has been closed over the Iranian attacks for weeks. The hours-long closure came after a ballistic missile attack from Iran targeted Saudi Arabia and may have done damage to energy infrastructure there. The kingdom has not elaborated on the damage from that attack.
Indian markets have rebounded in April, with Nifty50 rising nearly 3 per cent this month. Analysts, however, say sentiment remains cautious. Here's why it's not yet a broad-based buy-on-dips phase