Stay updated with the latest ceasefire news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on ceasefire topics.
MUMBAI: The Reserve Bank of India (RBI) said on Wednesday that its recent actions in the non-deliverable forward (NDF) market are temporary and aimed at curbing excessive currency speculation stemming from the West Asia conflict. The regulator, however, did not specify the duration of the operational curbs on lenders while indicating that the April 10 (Friday) deadline for banks to scale back their net open positions to $100 million would not be extended. "These measures are not in any sense s ...Read More >
New Delhi: An informal group of ministers headed by Defence Minister Rajnath Singh on Wednesday reviewed India's preparedness in view of the continuing crisis in West Asia, with the government asserting that adequate stocks of fuel, fertilisers and foodgrains are being maintained to cushion any fallout. At the meeting of the Informal Empowered Group of Ministers (IGoM), the Centre said it was closely monitoring the evolving situation and had taken steps to ensure uninterrupted supplies of LPG, ...Read More >
New Delhi: India on Wednesday welcomed the ceasefire arrangement between the US and Iran, expressing hope that the development would pave the way for lasting peace and stability in West Asia. India also said it expected the "global flow of commerce would prevail through the Strait of Hormuz". In a statement, MEA said, "As we have consistently advocated, de-escalation, dialogue and diplomacy are essential to bring an early end to the ongoing conflict... We expect that unimpeded freedom of naviga ...Read More >
Jammu and Kashmir Chief Minister Omar Abdullah raised concerns about the effectiveness of the recent US-Iran ceasefire, questioning what the United States gained from a nearly 40-day conflict. He noted the strategic Strait of Hormuz was accessible before the war, highlighting the war's questionable achievements. Jammu and Kashmir Chief Minister Omar Abdullah has raised questions concerning the recent US-Iran ceasefire. Reacting to reports, Abdullah expressed skepticism about what the United Sta ...Read More >
New Delhi: Shehbaz Sharif's trap is now visible in his own words. His post hailing the Iran ceasefire, which he projected as a Pakistani-brokered breakthrough, made a claim far bigger than the facts could safely carry. Sharif wrote that Iran and the United States, "along with their allies", had agreed to an "immediate ceasefire everywhere including Lebanon and elsewhere", effective immediately. He thanked both sides and invited their delegations to Islamabad on April 10 for talks towards a conc ...Read More >
New Delhi, Apr 8 (PTI) The World Bank on Wednesday marginally raised India's growth projections for the 2026-27 fiscal to 6.6 per cent and said although GST rate cuts would boost consumer demands in the initial months of the fiscal, but headwinds from the Middle-East crisis could dent growth. The FY'27 projection compares with 6.9 per cent estimated by the Reserve Bank of India (RBI), 6.1 per cent by the OECD and 6 per cent by Moody's Ratings. In its South Asia Economic Update report, the Worl ...Read More >
Srinagar: Political parties in Kashmir welcomed the ceasefire, stating that this should lead to a permanent resolution that will ensure regional and world peace. Soon after the news spread, celebrations were reported from many areas in Kashmir. Locals termed it "a major victory of truth". They burst firecrackers and took out processions holding Iranian flags. Celebrations were reported from Budgam, Magam and other areas of the Valley. Also Read: Heavy showers may lead to flash floods, landslid ...Read More >
New Delhi [India], April 8 (ANI): India has withdrawn its proposal to host the 33rd Conference of the Parties (COP 33) of the United Nations Framework Convention on Climate Change (UNFCCC) in 2028, Environment Ministry sources said. According to the sources, the decision was conveyed to the Asia-Pacific group on April 2. Also Read | James Pearce Jr. Not at Falcons' Voluntary Offseason Workouts. India had proposed hosting the COP-33 summit in India in 2028. Prime Minister Narendra Modi had co ...Read More >
New Delhi [India], April 8 (ANI): The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved investment proposals worth over Rs 40,000 crore for two major hydroelectric projects in Arunachal Pradesh aimed at boosting power generation and strengthening the national grid. According to the Cabinet briefing by Union Minister Ashwini Vaishnaw, the Cabinet approved an investment of Rs 14,105.83 crore for the construction of the 1200 MW Kalai-II Hydro Elect ...Read More >
New Delhi [India], April 8 (ANI): The Congress on Wednesday criticised the BJP-led Union government for its alleged missteps over the Pakistan-brokered US-Iran war ceasefire, calling on the government for a "unified national approach" to restore India's role as a peacemaker, in coordination with the Opposition. In a post on X, Congress Foreign Affairs Department President Salman Khurshid released the official statement from the party and condemned the BJP's "missteps, partisan alignment and cow ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Congress on Wednesday welcomed the interim cessation of hostilities in West Asia but launched a sharp attack on the Narendra Modi government, accusing it of diplomatic missteps that allowed Pakistan to emerge as a key mediator in the US-Iran ceasefire deal. In a detailed statement issued by its Foreign Affairs Department, the Congress described the temporary ceasefire as "a vital step towards de-escalation, renewed diplomacy and constructive dialogue" and ...Read More >
New Delhi: India welcomed the ceasefire agreement between the US and Iran on Wednesday, expressing hope that the move will foster enduring stability in West Asia. In an official statement, the Ministry of External Affairs (MEA) reiterated that dialogue and diplomacy remain the only viable paths to ending the ongoing conflict. The MEA noted that the regional hostilities have caused immense human suffering and severely disrupted global energy supplies and trade networks. The diplomatic shift fol ...Read More >
New Delhi: Lashing out at the government, the Congress on Wednesday (April 8) said that Pakistan's role in bringing about the ceasefire between the United States and Iran constitutes a "serious setback" to Prime Minister Narendra Modi's "highly personalized diplomacy" and that "the so-called Vishwaguru is completely exposed". The opposition party also said that "Prime Minister Modi's cowardice is demonstrated by his silence not only on Israel's belligerence, but also on the totally unacceptable ...Read More >
Chennai: In a major trend reversal in price movements on the two-week ceasefire announcement, crude prices crashed 15 per cent and natural gas prices fell 3 per cent, while gold and silver rose by 2-4 per cent. Platinum and copper, too, gained from the development, while prices of some of the agricultural commodities like wheat and soyabean eased. Dollar index edged lower, and rupee made some gains. WTI crude plunged over 15% to below $95 per barrel after US President Donald Trump announced a t ...Read More >
Kanpur (Uttar Pradesh) [India], April 8 (ANI): Samajwadi Party chief Akhilesh Yadav slammed Bharatiya Janata Party (BJP) over Pakistan's role in the US-Iran ceasefire, saying that it "ruined our foreign policy." "The BJP has ruined our foreign policy. There was a time when it seemed like India would become the world guru, but Pakistan is strengthening its foreign policy at the international level. India appears weak in foreign policy. The dream of becoming the world guru is an opportunity that ...Read More >
New Delhi [India], April 8 (ANI): The Ministry of Petroleum, in a press conference on Wednesday, said that there is sufficient availability of Liquefied Petroleum Gas and other fuels such as petrol and diesel despite tensions in West Asia, and the government has ensured consistent supply throughout the crisis by prioritising domestic consumers for the supply of LPG. During the inter-ministerial briefing, Sujata Sharma, General Secretary, Ministry of Petroleum and Natural Gas, added that commerc ...Read More >
New Delhi: The government announced on Wednesday that, based on available inventory and scheduled LNG cargo arrivals, the overall gas allocation to fertiliser plants is being further enhanced by 5 per cent to reach approximately 95 per cent of their six-month average consumption, with effect from April 9. The announcement comes in the wake of the ceasefire between the US and Israel, which is expected to open up the Strait of Hormuz for ships stranded in the Persian Gulf to sail through with the ...Read More >
Mumbai, Apr 8 (PTI) The rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral stance. Forex traders said investor sentiment got a boost after Governor Sanjay Malhotra assured that the steps taken on forex do not constitute a structural change. Moreover, confidence was exuded in the health of ...Read More >
Srinagar: Calling the Iran-US ceasefire a "happy day for everyone," PDP chief and former Jammu and Kashmir Chief Minister Mehbooba Mufti welcomed the truce as a positive step and pressed India and Pakistan to seize the moment for dialogue. Mufti praised Iran for adhering to wartime norms by striking only military installations, while accusing the US and Israel of targeting civilians. "We hope this temporary ceasefire becomes permanent. India and Pakistan should also sit together and resolve th ...Read More >
New Delhi: Pakistan's military led Field Marshal Asim Munir has been cutting personal deals under the guise of international diplomacy including New York's famed Roosevelt hotel at a time when the country sought to place itself as a peace mediator between Iran and the US. While Pakistan is trying to take credit and earn applause from certain quarters for acting as a "mediator", Egypt -- one of the pillars of the Arab world -- played a key role to achieve the ceasefire, ET has learnt. Cairo, giv ...Read More >
Chennai: The announcement of a ceasefire in Iran has reversed trends in the commodity and currency markets. While gold, silver, platinum and copper have moved up, crude oil and natural gas prices have declined. The US dollar has weakened, and the rupee has made some gains. However, the reversal in commodity prices remains uncertain as the ceasefire and broader peace in West Asia lack clarity, says Jateen Trivedi, VP, Commodities and Currencies, LKP Securities. Q) The ceasefire announcement has ...Read More >
New Delhi, Apr 8 (PTI) India on Wednesday welcomed the two-week ceasefire between the US and Iran and called for unimpeded freedom of navigation and flow of commerce through the Strait of Hormuz, while hoping that lasting peace will return to West Asia. New Delhi said it continuously advocated that dialogue and diplomacy are essential to bring an early end to the hostilities. The conflict was triggered by US-Israeli strikes against Iran on February 28. India's reaction came hours after Iran an ...Read More >
New Delhi [India], April 8 (ANI): Since the inception of the conflict in West Asia on February 28, after US-Israeli strikes killed Iran's supreme leader Ali Khamenei, around 7,88,000 passengers have travelled to India from the region as hostilities escalated, the Ministry of External Affairs (MEA) stated on Wednesday. Addressing an inter-ministerial briefing on recent developments in West Asia, MEA Spokesperson Randhir Jaiswal said flights continue from countries where airspace remains open, bu ...Read More >
NEW DELHI: Congress leader Jairam Ramesh on Wednesday (April 8) reacted sharply to the reported two-week ceasefire in the Middle East conflict, saying the development would be cautiously welcomed worldwide while questioning the Centre's handling of foreign policy. In a statement, Ramesh said, "The entire world will cautiously welcome the two-week ceasefire in the Middle East conflict between the US and Israel on the one side and Iran on the other," referring to ongoing hostilities involving the ...Read More >
Mumbai, Apr 8 (PTI) Indian bond yields ended nearly 0.15 per cent lower on Wednesday, taking comfort from the conditional ceasefire in the West Asia conflict, and Reserve Bank of India (RBI) maintaining the status quo on policy rate. According to the Clearing Corporation of India (CCIL), the 10-year benchmark bond yield ended 6.8984 per cent compared to 7.0443 per cent at the previous close. Even though bond yields have eased, the central bank, in the monetary policy report, has projected 10-y ...Read More >
New Delhi [India], April 8 (ANI): Fresh political buzz has emerged around RS MP Raghav Chadha, with speculation growing that the Aam Aadmi Party leader could be considering the launch of a youth-led political platform of his own. The speculation intensified after Chadha reshared on his Instagram Story a video posted by a supporter urging him to start a new party. Responding to the video, Chadha wrote, "Interesting thought," a response that has left many followers wondering if he is signalling t ...Read More >
New Delhi [India], April 8 (ANI): The Ministry of External Affairs (MEA) on Wednesday expressed India's support for the recently brokered ceasefire in the Middle East, emphasising that New Delhi has "continuously advocated" for a cessation of hostilities to ensure regional stability. Addressing an inter-ministerial briefing in the national capital, MEA spokesperson Randhir Jaiswal said, "We welcome the ceasefire reached and hope that it leads to a lasting peace in West Asia as we have continuou ...Read More >
New Delhi, Apr 8 (PTI) Taking a swipe at the government, the Congress on Wednesday said the role played by Pakistan in bringing about the ceasefire between the US-Israel and Iran is a "severe setback" to Prime Minister Narendra Modi's "highly personalised diplomacy" and asked what happened to "papa ne war rukwa di". The opposition party also asked why Modi, who claims very special friendship with the US, Israel, Iran, and the Gulf countries and who also holds the BRICS plus presidency this year ...Read More >
Srinagar: In a striking appeal for global harmony, National Conference president Farooq Abdullah welcomed the ceasefire between the United States and Iran, stressing that dialogue remains the only viable path forward as wars have never yielded lasting solutions. NC patron told reporters in Srinagar that he was grateful both nations had "found the courage to sit across the table," adding that the conflict had shaken the entire world. "War has never been a solution, and it will never be. I congr ...Read More >
Mumbai: Gold and silver prices recorded a strong jump in the domestic market on Wednesday. Silver prices surged by Rs 11,000 to Rs 2,51,000 per kilogram, marking nearly a 5 percent rise in a single day. Gold also gained Rs 3,200 to reach Rs 1,56,400 per 10 grams, showing steady upward momentum. Ceasefire lifts market sentiment The main reason behind the rally is the two-week ceasefire agreement between the US and Iran. The pause in conflict reduced global uncertainty and improved investor conf ...Read More >
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