WEST ASIA PEACE
'It is possible': Rajnath Singh says India may 'play its role' in bringing peace in Middle East
India has signalled a possible diplomatic role in the ongoing West Asia crisis, with Defence Minister Rajnath Singh saying New Delhi could step in to help initiate peace efforts. He added that Prime Minister Narendra Modi has urged both sides to end the conflict and is taking a balanced approach.
GIFT Nifty hints at a gap-down start. Should investors brace for another weak session?
Indian markets experienced a strong session on Tuesday, with the Nifty rising nearly 1% driven by positive global sentiment, robust Q4 earnings, and easing crude prices. Volatility also saw a significant pullback. Investors are now keenly watching the second round of US-Iran talks, with hopes for progress despite elevated tensions.
India bats for greater Global South representation in UNSC
India is advocating for increased representation of Global South nations within the permanent seats of the UN Security Council. Recent discussions also tackled the need for a more equitable international financial framework. India's envoy engaged with UN leaders to deliberate on peacekeeping initiatives and the importance of multilateral approaches.
Rupee falls 16 paise to 93.32 against US dollar in early trade
The rupee fell 16 paise to 93.32 against the US dollar in early trade as the American currency strengthened and the Reserve Bank eased speculative betting restrictions. Positive domestic equity markets and foreign fund inflows offered some support, despite West Asia peace agreement uncertainties.
US Stock Market: Goldman sticks to oil forecast as demand weakness deepens
Goldman Sachs maintained its 2026 oil price forecasts despite shifting dynamics, as weaker global demand and easing supply disruptions offset key risks. While geopolitical tensions are receding, soft consumption trends and potential supply recovery are increasing downside risks, suggesting a cautious outlook for crude prices even as markets stabilise in the near term.
Traders ready to put war behind, dial up the risk
Investors are increasingly favoring riskier debt, including BBB-rated bonds and higher-rated junk bonds, as they anticipate a prolonged truce between Iran and the US. This shift signals growing optimism for peace in West Asia and a belief in the improving credit quality of these companies. Despite this, a cautious approach remains, with money managers still acknowledging potential risks ahead.
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India resilient amid oil shock, may grow 6.8%-7.1% despite global headwinds: SBI Research
India faces global challenges from a strong position. Economic growth is projected between 6.8% and 7.1% for FY27. The nation's banking sector is robust. Opportunities arise for GIFT City and Indian airports. The Reserve Bank of India is likely to maintain its current monetary policy stance. India's resilience is evident amidst regional conflict and global uncertainties.
A deal is only done when it's done: Pak official sources on Iran-US talks
As Prime Minister Shehbaz Sharif and Chief of Defence Forces Field Marshal Asim Munir wrapped up their respective visits to West Asia, reports began to circulate about the second round of talks in Islamabad.
Pakistan, Saudi Arabia, Turkey, Egypt FMs meet in Antalya
Foreign Ministers from Pakistan, Saudi Arabia, Turkiye, and Egypt met in Antalya. They discussed strengthening cooperation in areas of mutual interest. The ministers also exchanged views on regional dynamics. Dialogue and diplomacy were reaffirmed for peace and stability. This meeting follows previous talks between the four nations.
Next round of US-Iran talks likely to be held in Pakistan on Monday: Iranian sources
Iranian and American negotiators are set to meet in Islamabad on Monday. This development signals renewed diplomatic efforts to ease tensions in West Asia. Leaders from Qatar and Turkey have also met Pakistan's Prime Minister, discussing de-escalation. Pakistan's Army Chief recently visited Tehran, aiming to prepare for further talks.
Trump says will bring Iran uranium 'back home to the USA'
President Donald Trump announced a plan for the United States and Iran to jointly remove uranium from Tehran's nuclear sites using excavators. This move is part of a potential peace deal. Trump expressed optimism about reaching an agreement soon. He mentioned the material would be transferred to US territory.
Trump cheers Iran move to open Hormuz, signals easing of Gulf tensions
Donald Trump welcomed Iran’s decision to keep the Strait of Hormuz open for commercial shipping during the ceasefire period, calling it a positive step amid ongoing efforts to ease regional tensions.
Trump characterizes Iran war as a 'little diversion'
President Trump described the US war with Iran as a "little diversion" during his second term, despite growing public disapproval. Recent polls indicate a majority of Americans believe the conflict is not worth the cost, with many also blaming the president for rising gas prices due to the Strait of Hormuz closure.
India, Austria seal 15 deals across defence, counter-terrorism, tech and trade
India and Austria have signed fifteen agreements. These cover defence, technology, innovation, and trade. A Joint Working Group will combat cross-border terrorism. The agreements aim to boost cooperation in defence and counter-terrorism. Both nations also agreed on peaceful conflict resolution. Austrian expertise will enhance Indian infrastructure projects. Partnerships will strengthen in defence, semiconductors, and biotechnology.
West Asia War: PM Modi, French President Macron hold telephonic talks; stress urgent need to restore Hormuz safety
Prime Minister Narendra Modi and French President Emmanuel Macron held discussions on the West Asia situation. Both leaders stressed the critical need for maritime security in the Strait of Hormuz. They expressed shared concern over rising regional tensions. The leaders agreed on the importance of ensuring safe and free navigation through this vital shipping route.
Military conflict cannot resolve problems: PM Modi on West Asia, Ukraine
Prime Minister Narendra Modi and Austrian Chancellor Christian Stocker met in New Delhi. They agreed that military conflict cannot solve problems. Both leaders support stable and lasting peace in Ukraine and West Asia. The Austrian Chancellor's visit is expected to boost trade and investment between India and Austria. A new chapter has begun in India-EU relations following the historic FTA.
China asks Iran to ensure freedom of navigation through Strait of Hormuz
China's Foreign Minister Wang Yi has urged Iran to guarantee safe passage through the Strait of Hormuz. This critical waterway is vital for global oil trade. China, a major importer of Iranian oil, is concerned about energy disruptions. The call comes as Pakistan attempts to mediate new peace talks between the US and Iran.
Fresh hopes of US-Iran talks bring peace to D-Street
Trump, according to news reports, said that the US-Iran peace talks could resume in Islamabad over the next two days following the breakdown of negotiations over the weekend. Earlier, the US said its navy had blockaded traffic to and from Iranian ports in response to Iran’s disruption of shipping through the Strait of Hormuz.
You'll be wrong to say bye to Dubai
Despite a recent 14% decline in Dubai's real estate transactions due to regional conflict, the city's status as a resilient global financial hub remains intact. Dubai's strategic advantages and past crisis management suggest a future stabilization, with potential buying opportunities arising from market corrections and renewed expat interest if peace prevails.
'India will work to develop supply chain resilience,' says EAM at AZEC Plus meeting on disruptions in energy markets
Jaishankar said that India stands ready to work with like-minded partners to develop supply chain resilience.
Rupee gains 20 paise to 93.15 against US dollar in early trade
The Indian rupee strengthened by 20 paise to 93.15 against the US dollar in early trade, supported by positive domestic equities and easing global pressures.
GIFT Nifty jumps over 300 pts, signals positive start; here's the trading setup
Indian markets saw a strong rebound after six weeks of decline, boosted by positive global sentiment. Hopes for a US-Iran ceasefire initially supported the rally. However, the collapse of peace talks and rising tensions led to market volatility. The Gift Nifty signals a positive start for Wednesday's trading session. Oil prices declined amid expectations of renewed peace talks.
US-Iran war: Trump, PM Modi discuss Hormuz passage & safety
President Trump and Prime Minister Modi discussed the Strait of Hormuz following the US blockade after Iran peace talks broke down. Both leaders emphasized the need for an open and secure strait, addressing India's concerns about its ships. This call follows a previous discussion after the Iran war began.
PM Modi speaks to Trump on importance of keeping Strait of Hormuz "open and secure"
Prime Minister Narendra Modi and US President Donald Trump engaged in a nearly 40-minute phone call, their first since the US-Israel war with Iran commenced on February 28. Details remain scarce as the world faces an energy crisis due to the ongoing Middle East conflict. US Ambassador Sergio Gor affirmed that India-US relations are robust.
Pakistan FM Dar dials Wang Yi, exchanges views on US-Iran talks
China's Foreign Minister Wang Yi spoke with Pakistan's Ishaq Dar. The top priority is preventing US-Iran conflict escalation in West Asia. Both leaders emphasised dialogue and diplomacy for regional peace. Pakistan's constructive diplomatic role was acknowledged. They discussed a five-point peace initiative.
US couldn’t earn Iran’s trust: Iranian chief negotiator
Iran's top negotiator declared the United States did not earn Iran's trust during recent peace talks in Pakistan. The marathon negotiations aimed to resolve the West Asia conflict but concluded without an agreement. Iran presented forward-looking initiatives, but the US side could not secure Iranian confidence. The US cited Iran's nuclear program as a key sticking point.
LPG carrier Jag Vikram first India-flagged vessel to cross Hormuz after US–Iran ceasefire
India-flagged LPG carrier Jag Vikram has successfully crossed the Strait of Hormuz. This marks a significant transit post the US-Iran ceasefire. The vessel carries a substantial LPG load and is en route to Mumbai. While traffic through the strait is yet to fully recover, this event signals a step towards normalcy. LPG supplies to Indian households remain unaffected.
J&K: Mirwaiz backs US-Iran talks, hopes to ease West Asia crisis
Mirwaiz Umar Farooq expressed hope that US-Iran talks will bring relief to people in Iran, Lebanon, and Palestine. He condemned Israeli actions, stating that lasting peace requires addressing the legitimate rights of the Palestinian people. Mirwaiz emphasized that peace can only be achieved through dialogue and justice, not force.
West Asia crisis: EAM Jaishankar calls for swift return to peace
In response to the unrest in West Asia, India has articulated its urgent desire for peace. External Affairs Minister S Jaishankar conveyed his worries about the continuing conflict and its implications for global commerce. He noted the dire economic repercussions, especially concerning energy, food supplies, and fertilizer availability. India envisions a future of lasting harmony for the region.
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