From geopolitics and women's empowerment to manufacturing, the rupee and technology, lasting progress depends less on hope and more on building capacity
From geopolitics and women's empowerment to manufacturing, the rupee and technology, lasting progress depends less on hope and more on building capacity
Energy supplies via the Strait to resume slowly after formal deal on Friday
Among sectors, Bernstein expects oil marketing companies (OMCs) will likely stand to benefit from reduced crude oil prices that dropped around 4 per cent on Monday to $83 a barrel (bbl)
Indian equities advanced along with global markets after the US and Iran agreed on a framework to end the conflict, raising hopes of lower energy prices
The US will not impose new sanctions and lift existing sanctions in accordance with an agreed timetable and release $25 billion of Iran's frozen assets
The US will not impose new sanctions and lift existing sanctions in accordance with an agreed timetable and release $25 billion of Iran's frozen assets
The US and Iran have signed a framework agreement to end the conflict, paving the way for the reopening of the Strait of Hormuz and easing global oil market concerns
The primary trigger for Monday's rally was news that the United States and Iran had reached an agreement to end the conflict and reopen the Strait of Hormuz, a critical artery for global oil shipments
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.29 per cent and 1.11 per cent higher, respectively
After months of conflict, the US and Iran have agreed to a peace deal. The move could lower oil prices, support the rupee, revive India's exports and ease inflation concerns
Spot gold rose 2.7 per cent to $4,334.48 per ounce, as of 0857 GMT, hitting its highest level since June 9
Spot gold rose 2.7 per cent to $4,334.48 per ounce, as of 0857 GMT, hitting its highest level since June 9
The agreement, announced by US President Donald Trump and supported by mediators led by Pakistan, drew praise from Qatar, Turkiye, the United Kingdom, Germany and France
The agreement, announced by US President Donald Trump and supported by mediators led by Pakistan, drew praise from Qatar, Turkiye, the United Kingdom, Germany and France
The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since fighting began. Full details of the deal were not immediately available. The signing will be Friday in Switzerland. U.S. President Donald Trump confirmed a deal had been reached and said he had authorised an end to the U.S. naval blockade of Iranian ports in the Strait of Hormuz. "Congratulations to all!" he wrote on social media, without providing details. He added, "Ships of the World, start your engines. Let the oil flow!" The U.S. previously said it would ease its blockade of Iranian ports as the strait reopens, and would agree to relax sanctions to allow Iran to sell more of its oil and strengthen its battered economy. Iranian state TV showed a banner asserting: "US was forced to sign an agreement to end the war." But Iran's government had yet to comment. Iranian state media reported key mediator Pakistan's ...
World leaders began gathering in a French spa town Monday for a summit of the Group of Seven club of powerful democracies with a new impetus following President Donald Trump's announcement of an agreement that he says will bring an end to the US war against Iran. Trump arrives in Evian-les-Bains on Monday afternoon for talks with G7 leaders, including some who have been sharply critical of his managing of the roughly 15-week conflict that has led to a surge in global energy prices. Trump has had sharp disagreement with host French President Emmanuel Macron, British Prime Minister Keir Starmer, German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni over failing to consult them before the decision to go to war. Trump has threatened reprisals, including drawing down US troops in all four countries, all members of the NATO military alliance, for their lack of support. The G7 includes France, the United States, Canada, Germany, Italy, Japan and the United Kingdom. Gue
Prime Minister Narendra Modi on Monday welcomed the understanding reached between the United States and Iran on ending the conflict in West Asia, and hoped the implementation of the pact will help restore peace in the region and ensure the freedom of navigation. President Donald Trump has announced that the US and Iran have finalised a deal to end their 107-day war, which triggered a global energy crisis. The peace agreement is scheduled to be signed on June 19 in Switzerland, according to Pakistan Prime Minister Shehbaz Sharif. "I welcome the understanding reached between the United States and Iran on ending the conflict in West Asia, which has caused serious economic disruption across the world and led to loss of life in many countries. India hopes that the implementation of this understanding will help restore peace and stability in the region and ensure the freedom of navigation and commerce," Modi said in a post on X. The prime minister said India looks forward to deliberations
Prime Minister Narendra Modi on Monday welcomed the understanding reached between the United States and Iran on ending the conflict in West Asia, and hoped the implementation of the pact will help restore peace in the region and ensure the freedom of navigation. President Donald Trump has announced that the US and Iran have finalised a deal to end their 107-day war, which triggered a global energy crisis. The peace agreement is scheduled to be signed on June 19 in Switzerland, according to Pakistan Prime Minister Shehbaz Sharif. "I welcome the understanding reached between the United States and Iran on ending the conflict in West Asia, which has caused serious economic disruption across the world and led to loss of life in many countries. India hopes that the implementation of this understanding will help restore peace and stability in the region and ensure the freedom of navigation and commerce," Modi said in a post on X. The prime minister said India looks forward to deliberations
The West Asia crisis affected India through higher oil prices, pressure on the rupee, weaker trade, rising aviation costs and inflation. Here's how the economy absorbed the shock