In the past two trading sessions, the Sensex has surged more than 2,500 points, or nearly 3.5 per cent on a closing basis. Similarly, the Nifty 50 index has added nearly 800 points, or 3.5 per cent
US President Donald Trump said that the US has won the war, adding that Iran's navy and air force have been completely decimated.
Iran has responded to Trump proposed 15-point ceasefire plan with sweeping demands including US bases closure in the Gulf and sanctions relief
An Iranian military spokesperson mocked US attempts at a ceasefire deal Wednesday, insisting that the Americans were only negotiating with themselves. Lt. Col. Ebrahim Zolfaghari, a spokesperson for the Iranian military's Khatam Al-Anbiya Central Headquarters, made the statement in a prerecorded video aired on state television. "The strategic power you used to talk about has turned into a strategic failure," he said. "The one claiming to be a global superpower would have already gotten out of this mess if it could. Don't dress up your defeat as an agreement. Your era of empty promises has come to an end." He added: "Have your internal conflicts reached the point where you are negotiating with yourselves?" Zolfaghari's statement came shortly after the Trump administration sent a 15-point ceasefire plan to Iran through Pakistan. "Our first and last word has been the same from day one, and it will stay that way: Someone like us will never come to terms with someone like you," Zolfagh
The US-China Economic and Security Review Commission said recent crackdowns on scam centers had seen Chinese criminals return home to start smaller-scale operations targeting only foreigners
US President Donald Trump said Iran has agreed not to build nuclear weapons, as Washington plans to send 1,000 more troops to the region. Here are the top updates as of 9 am:
Oil prices fell more than 5 per cent and Asian shares gained on Wednesday over possibilities of a de-escalation of the Iran war and negotiations between the United States and Iran. Tokyo's Nikkei 225 was up 2.8 per cent to 53,721.30 in early trading. South Korea's Kospi gained 3.1 per cent to 5,728.22. Hong Kong's Hang Seng rose 1.2 per cent to 25,374.95, while the Shanghai Composite index was 0.9 per cent higher at 3,914.09. Australia's S&P/ASX 200 climbed 2.2 per cent. Taiwan's Taiex was up 3 per cent. The administration of US President Donald Trump is said to have offered a 15-point ceasefire plan to Iran. Trump's claims of progress being made from talks with Iran this week and his postponement on Monday of a deadline to "obliterate" Iran's power plants over the reopening of the Strait of Hormuz have also fuelled optimism that an end to the Iran war could come soon. With the Strait of Hormuz being a key waterway for crude oil and liquefied natural gas transport, oil and gas ..
President Donald Trump has listed five objectives that the US wants to achieve before ending its war with Iran. Now, as he suggests the US may soon be "winding down" the operation after three and a half weeks, some of his key aims remain undefined or unfulfilled. Trump most recently outlined five goals for the massive air campaign. That's up from four laid out by his staff and since the war's start February 28 (and up from the three generally enumerated by the Pentagon and Secretary of State Marco Rubio). Though the Trump administration has said its objectives are clear and unchanging, the list of priorities has expanded and shifted as the war has taken a toll on the global economy, tested alliances and raised unanswered questions about the planning for the conflict, its justification and its aftermath. By most accounts, the strikes by the US and Israel have significantly degraded Iran's military capabilities and killed scores of senior leaders. But those tactical successes don't .
The US has proposed a 15-point ceasefire plan to Iran, addressing nuclear and missile programmes and Strait of Hormuz access, even as the ongoing war continues into the fourth week
The Supreme Court grappled Tuesday with whether the Trump administration should be able to revive an immigration policy that has been used to turn back migrants seeking asylum at the US-Mexico border. Some conservative justices seemed receptive to the Justice Department's push to overturn a lower-court ruling against the practice known as metering. Immigration authorities limited the number of people who could apply for asylum, saying it was necessary to handle an increase at the border. Advocates say the policy created a humanitarian crisis during President Donald Trump's first term as people who were turned away settled in makeshift camps in Mexico as they waited for a chance to seek asylum. The policy isn't in place now, and Trump ordered a wider suspension of the asylum system at the start of his second term. The administration, though, argues that metering remains a "critical tool" used under administrations from both parties, and should be available if necessary in the ...
Minnesota officials sued the Trump administration on Tuesday for access to evidence they say they need to independently investigate three shootings by federal officers, including the killings of Renee Good and Alex Pretti. The lawsuit claims that the federal government reneged on its promise to cooperate with state investigations after the surge of federal law enforcement in Minneapolis, and are seeking a court order demanding that the Trump administration comply. "We are prepared to fight for transparency and accountability that the federal government is desperate to avoid," Hennepin County Attorney Mary Moriarty told reporters. The administration sent thousands of officers to the Minneapolis and St. Paul area for the immigration crackdown as part of President Donald Trump's national deportation campaign. The Department of Homeland Security considered its largest immigration enforcement operation ever a success but was staunchly criticised by Minnesota's leaders and raised questio
Trump said, We're in negotiations right now. I can tell you, they'd like to make a deal. Look, their navy's gone, their air force is gone, their communications are gone
US President Donald Trump said Iran agreed never to have a nuclear weapon and sent a "significant prize" related to the Strait of Hormuz even as he declared victory in the three-week war. Speaking to reporters at the Oval Office on Tuesday, Trump claimed Iran was keen to "make a deal" and indicated that Vice President J D Vance, Secretary of State Marco Rubio, Special envoy on Middle East Steve Witkoff and Jared Kushner were leading the negotiations. The President said that the current Iranian leadership had already undergone significant changes. "It's what we really have, regime change. You know, this is a change in the regime because the leaders are all very different from the ones that we started off with that created all those problems," he said. Earlier, Trump endorsed a social media post by Pakistan Prime Minister Shehbaz Sharif on facilitating the talks between Iran and the US. Sharif also offered to host the talks for a comprehensive settlement of the ongoing conflict. "I
PM speaks with US President, Jaishankar meets Iran envoy as Centre forms seven groups to manage risks to energy, trade and supply chains amid escalating West Asia conflict
The Trump administration has banned imports of new, foreign-made routers, citing supply chain vulnerability and cybersecurity risks. The newest addition to the US "covered list" targets consumer-grade routers, the boxes that connect home computers, phones and smart devices to the internet. The list is a catalogue of communications equipment and services considered "to pose an unacceptable risk to the national security of the US or the safety and security of Americans," the Federal Communications Commission said. "Malicious actors have exploited security gaps in foreign-made routers to attack American households, disrupt networks, enable espionage, and facilitate intellectual property theft," the FCC said this week, citing several examples of foreign-made routers that were involved in cyberattacks targeting US infrastructure. Although some routers are sold by US hardware companies such as Netgear and eero, their production is almost exclusively handled overseas. It is unclear if any
Trump held a call with PM Modi to discuss the evolving situation in West Asia, emphasising the importance of keeping the Strait of Hormuz open
Prince Mohammed, the people familiar with the discussions said, has argued that Iran poses a long-term threat to the Gulf that can only be eliminated by getting rid of the government
As the West Asia crisis continues, the Trump administration is eyeing Iran's parliament speaker Mohammad Bagher Ghalibaf as a potential negotiator, though he denies any talks with the US
Pakistan is leveraging close ties fostered with Trump, together with its longstanding bonds with neighbour Iran and other key players such as Saudi Arabia
Traders reportedly placed $580 million in oil bets minutes before Donald Trump's post on Iran talks, triggering sharp moves in crude and stocks and raising questions over the timing of the trades