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IRGC claimed it was monitoring US naval movements in the region and warned Washington of a possible 'zero hour' for operations, as tensions between the two countries continued to escalate

US sanctions on Iran, Trump Economic Fury campaign, Iran oil exports China, US Iran economic pressure, Strait of Hormuz crisis

Millions of people in the Great Lakes, Northeast and Mid-Atlantic states muddled through another day of unhealthy air from uncontrolled wildfires on Friday.
The thick smoke enveloped the nation's capital in a gloomy, eerie haze and prompted Major League Baseball's Cleveland Guardians to postpone their game against Pittsburgh Pirates in Ohio.
Warnings of dangerous conditions were expected to remain in effect through Saturday across a wide swath of the U.S., though there's potential for temporary improvement with storms forecast in some affected areas during the weekend.
DC resident Stewart Verdery awoke Friday to take in his usual sunrise view of the city's famous landmarks from a rooftop, only to be greeted by a darkened horizon and no monuments in sight.
"It's pretty crazy to wake up at sunrise and not see the sun when it's not even raining," he said by phone after posting a video of the surreal scene on X. "And it smells like somebody's having the world's largest cookout."
No en

Pedestrians cross Pennsylvania Avenue near the U.S. Capitol in smoky conditions due to the Canadian wildfires,

Press Trust of India

US companies signed roughly USD 60 billion in agreements and partnerships with the Iraqi government Friday, including deals intended to create alternative routes for shipping oil out of the Persian Gulf.
The deals, signed at the US Chamber of Commerce, also involved other industries, including healthcare, communications and infrastructure.
It's not clear when the oil deals will be able to create viable alternatives to the Strait of Hormuz, through which about a fifth of the world's oil flows. Goldman Sachs estimates that pipelines in just one country take at least two and a half years to build, and these pipelines would travel through two or more nations.
Iran has sought to close the Strait repeatedly since the U.S.-Iran war began Feb. 28, causing sharp gyrations in oil and gas prices.
On Friday afternoon, the price of West Texas crude rose nearly 5 per cent to USD 88 a barrel, up from about USD 67 before the war began. It had topped USD 110 in early April before falling back after

Hormuz, oil tankers, crude oil

The state will work with the World Bank Group's private-sector arm to develop around 20 bankable infrastructure projects across key sectors through the PPP model

Anu Garg, chief secretary, and other govt officials present at the event along with IFC representatives

Business Standard

The report cautions that easing domestic sales by SEZ units could undermine the export-focused framework, weaken MSMEs and distort competition unless accompanied by strict safeguards

MSME, Training

The central bank has merged instructions issued since 2022 into a single circular, retaining the framework for rupee-denominated settlement of cross-border trade transactions

The IPO of India's ​largest asset manager received bids for 126.74 million shares, against 124.56 million ‌on offer, as of 10:48 a.m. IST, exchange data showed

A man walks past the logo of SBI Funds Management Ltd. ahead of a press conference announcing the company's initial public offering (IPO) in Mumbai | Reuters

Reuters

India's 125-member contingent includes Neeraj Chopra, Mirabai Chanu, Lovlina Borgohain and a sizeable Para-sport group for the pared-down Glasgow Games

Commonwealth Games 2026

Groww share price target: Rajesh Palviya said that looking at the business volumes and traction on its platform, the stock has potential to extend the rally from current levels and move towards ₹260

Groww share price target

The Centre and states plan to replace $189 billion of imports by boosting domestic production of 1,272 products through targeted manufacturing and industrial clusters

Import, export, trade

Complex markets require independent voices and diverse expertise. India's regulatory architecture is missing both

Economic policy, Independent directors, Economic reforms, public policy

Iran's Revolutionary Guard warned countries hosting US troops to prepare for a 'corresponding response' and claimed attacks on American military facilities in Kuwait amid escalating regional tensions

Iran, Iran flag

In this session, Harsha Vardhana, Founder & Group CEO, Atom Financial Services, talks about wealth creation & investment banking, and provides career tips to the B-Schoolers.

EPFO has introduced VISHWAS 2026, a one-time dispute resolution scheme that allows eligible employers to settle pending damages and penalty cases through a fully digital process. Here's who can apply,

In this Personal Finance special, we explain how increasing your SIP by just 5% or 10% every year can help you achieve your financial goal up to four years sooner

More than 100 scientists have reportedly resigned or taken voluntary retirement from ISRO in recent months. The Centre has now tightened exit rules for those working on flagship missions.

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