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NEW DELHI, April 8 (Xinhua) -- The Indian government on Wednesday welcomed the ceasefire reached between the United States and Iran, expressing hope for a lasting peace in the Middle East and unimpeded freedom of navigation and global flow of commerce through the Strait of Hormuz. "As we have continuously advocated earlier, de-escalation, dialogue and diplomacy are essential to bring an early end to the ongoing conflict," India's foreign ministry said in a statement. India said the conflict ha ...Read More >
Tirunelveli, April 8: Actor-turned-politician Vijay intensified his campaign for the 2026 Tamil Nadu Assembly elections on Wednesday, addressing a massive public meeting at KTC Nagar in Tirunelveli after arriving at Thoothukudi airport earlier in the day. Travelling nearly 30 kilometres by road from the airport, the Tamilaga Vettri Kazhagam (TVK) chief received a rousing welcome from supporters before beginning his speech with a heartfelt line, "Greetings to the people of Tirunelveli who live in ...Read More >
New Delhi, Apr 8: Gold prices jumped Rs 3,007 to Rs 1.53 lakh per 10 grams in futures trade on Wednesday due to increased buying on the back of a weak US dollar and relief sentiment after Washington and Tehran agreed to a two-week ceasefire. On the Multi Commodity Exchange, the yellow metal for June delivery appreciated by Rs 3,007, or 2 per cent, to Rs 1,53,296 per 10 grams. Weak dollar and ceasefire boost sentiment Gold prices were supported by a weaker US dollar after President Trump announ ...Read More >
New Delhi: India on Wednesday welcomed the ceasefire between the US and Iran to the 39-day war in the middle east hoping that the truce leads to a lasting peace in West Asia. Addressing the daily inter-ministerial briefing here, Ministry of External Affairs spokesperson Randhir Jaiswal said, "...We welcome the ceasefire reached and hope that it leads to a lasting peace in West Asia as we have continuously advocated earlier". Jaiswal said that "de-escalation, dialogue and diplomacy are essentia ...Read More >
New Delhi, Apr 8 (PTI) Gold prices jumped Rs 3,007 to Rs 1.53 lakh per 10 grams in futures trade on Wednesday due to increased buying on the back of a weak US dollar and relief sentiment after Washington and Tehran agreed to a two-week ceasefire. On the Multi Commodity Exchange, the yellow metal for June delivery appreciated by Rs 3,007, or 2 per cent, to Rs 1,53,296 per 10 grams. Gold prices were supported by a weaker US dollar after President Trump announced a two-week ceasefire with Iran, a ...Read More >
Iran's Supreme Leader's Representative further noted that the world must come together in urging US to stop the war because of the suffering at various fronts. Iran's Supreme Leader's Representative in India responded to US President Donald Trump's sharp remarks on Monday saying it was a "big mistake" to start the Iran war, which has had wide-ranging repercussions. He also called on the world leaders to come together and urge POTUS to stop the war. His remarks came hours after Trump issued a s ...Read More >
An Iran-bound crude shipment that was initially headed for India changed course mid-voyage and began moving towards China, sparking speculation that payment issues or sanctions-related hurdles may have forced the diversion. Now, the ministry of petroleum and natural gas stepped in to clarify that there are no payment problems calling such claims "factually incorrect." The reports of a possible fallout came after ship-tracking firm Kpler said that the Aframax tanker Ping Shun -- which had initia ...Read More >
State-owned refiner Indian Oil Corp. has purchased a cargo of Iranian oil which would be the country's first such delivery since 2019, according to people familiar with the matter, as weeks of war in the Persian Gulf upend the energy trade. India's largest refiner is expected to to take delivery of the Middle Eastern volumes this week, the people said, without providing details of the vessel or the payment mechanism. The people asked not to be named due to the sensitivity of the matter. IOC di ...Read More >
Mumbai, Apr 8 (PTI) Equity benchmark indices Sensex and Nifty ended nearly 4 per cent higher on Wednesday, following an impressive rally in global markets and a drop in crude oil prices, after the US and Iran announced a two-week ceasefire. Rallying for the fifth day in a row, the 30-share BSE Sensex jumped 2,946.32 points or 3.95 per cent to settle at 77,562.90. During the day, it surged 3,018.96 points or 4 per cent to 77,635.54. The 50-share NSE Nifty soared 873.70 points or 3.78 per cent t ...Read More >
Mumbai: Following a US-Iran understanding on a two-week ceasefire, which was reportedly extended by Pakistan, Shiv Sena (UBT) leader Sanjay Raut on Tuesday weighed in on the development, claiming that there is a visible push for peace amid signs of fatigue among global leaders. Addressing a press conference, Raut said, "There is definitely an attempt for peace. Even Trump is tired of this war. A nation like Iran has exhausted Trump. Look at Trump's body language. Netanyahu is also tired, all Mi ...Read More >
Mumbai, Apr 8 (PTI) The rupee appreciated 47 paise to close at 92.59 (provisional) 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 ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): Indian equity markets witnessed a sharp rally on Wednesday, with both benchmark indices surging nearly four per cent, driven by positive sentiment following the ceasefire announcement in the West Asia conflict. The Nifty 50 index jumped to 23,997.35, gaining 873.70 points or 3.78 per cent, while the BSE Sensex surged to 77,562.90, rising by 2,946.32 points or 3.95 per cent at the close. Also Read | Assembly Elections 2026: Assam, Kerala Head to Apri ...Read More >
New Delhi, Apr 8 (PTI) Silver prices soared by Rs 15,028 to Rs 2.46 lakh per kilogram in futures trade on Wednesday driven by strong global trends and increased investors' sentiment after US and Iran announced a two week ceasefire. On the Multi Commodity Exchange, the white metal for May delivery soared by Rs 15,028, or 6.5 per cent, to Rs 2,46,376 per kg from Tuesday's closing level of Rs 2,31,348 per kg. Silver prices saw a notable increase on Wednesday reflecting a strong demand amid rising ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): Indian equity markets witnessed a sharp rally on Wednesday, with both benchmark indices surging nearly four per cent, driven by positive sentiment following the ceasefire announcement in the West Asia conflict. The Nifty 50 index jumped to 23,997.35, gaining 873.70 points or 3.78 per cent, while the BSE Sensex surged to 77,562.90, rising by 2,946.32 points or 3.95 per cent at the close. Market experts attributed the rally to easing geopolitical conc ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has assumed an average crude oil price of $85 per barrel for FY 2025-26, in line with its CPI inflation projection of 4.6 per cent. RBI Governor Sanjay Malhotra shared the estimate during a press conference after the Monetary Policy Committee decided to keep the repo rate unchanged at 5.25 per cent. He added that the crude oil price assumption for FY 2027-28 is $75 per barrel. Also Read | Purple C ...Read More >
India on Wednesday (April 8, 2026) welcomed a two-week ceasefire between the U.S. and Iran, calling for "de-escalation, dialogue, and diplomacy" to ensure lasting peace in West Asia. "We welcome the ceasefire reached and hope that it will lead to lasting peace in West Asia. As we have continuously advocated earlier, de-escalation, dialogue and diplomacy are essential to bring an early end to the ongoing conflict," the Ministry of External Affairs (MEA) said. "The conflict has already caused im ...Read More >
India is set to receive its first Iranian crude oil shipment in seven years after temporary US sanctions relief, a report has claimed. India is poised to receive its first shipment of crude oil from Iran in seven years after the United States temporarily lifted sanctions on Iranian oil and refined products to address supply shortages, according to a Reuters report citing ship tracking data from LSEG and Kpler. State-run Indian Oil Corp (IOC), the country's largest refiner, has purchased the ca ...Read More >
BENGALURU: US stock index futures climbed on Wednesday as investors breathed a sigh of relief after the US and Iran agreed to a two-week ceasefire, sending crude prices lower on expectations that energy supplies through the Strait of Hormuz could resume. The announcement came less than two hours before US President Donald Trump's deadline, in a sharp turnaround from his previous warning of wiping out "a whole civilization" if Tehran did not reopen the Strait of Hormuz, the narrow waterway that ...Read More >
New Delhi: India's Ministry of External Affairs (MEA), on Wednesday, welcomed the ceasefire between the US and Iran, hoping "it would lead to a lasting peace in West Asia." "We welcome the ceasefire reached and hope that it will lead to a lasting peace in West Asia. As we have continuously advocated earlier, de-escalation, dialogue and diplomacy are essential to bring an early end to the ongoing conflict," the MEA said In its first official statement. India has been emphasising on dialogue and ...Read More >
CHENNAI: As expected, the Iran war and its impact on oil flow through the Strait of Hormuz dominated the discussions at the three-day Monetary Policy Meeting of the Reserve Bank of India that ended on Wednesday. While announcing the key decisions of the committee's meeting, including deciding to keep the benchmark interest rate (otherwise known as repo rate) unchanged, RBI Governor Sanjay Malhotra explained the impact that the war would have on Indian economy and people. Here are some of the mai ...Read More >
PTC Web Desk: India has welcomed the temporary ceasefire between the United States and Iran, expressing optimism that the move could ease tensions and open the door to long-term stability in West Asia. In a statement issued on April 8, the Ministry of External Affairs (MEA) said it hopes the pause in hostilities will contribute to lasting peace in the region. Reiterating its consistent stance, India stressed that dialogue, diplomacy and de-escalation remain the most effective ways to resolve on ...Read More >
Srinagar (Jammu and Kashmir) [India], April 8 (ANI): Peoples Democratic Party (PDP) Chief Mehbooba Mufti on Wednesday welcomed the recent ceasefire between Iran and the United States, saying that Iran chose not to attack civil institutions like schools, colleges, and hospitals and only targeted military bases amid the West Asia crisis, whereas the United States killed civilians by deploying missiles on such civil institutions. She noted that it is a matter of "great courage and determination" f ...Read More >
New Delhi [India], April 8 (ANI): Former Diplomat KP Fabian on Wednesday said that the Iran-US ceasefire is the most welcome development for the whole world. Fabian, in a conversation with ANI, said that sanity has been restored for US President Donald Trump, at least temporarily. "Separately, news stories suggest that Iran and Oman have agreed to a $2 million charge for passage, which they will share. What is particularly important is that even after the Iranian Foreign Minister mentioned the ...Read More >
New Delhi, Apr 8: India on Wednesday welcomed a two-week ceasefire between the US and Iran, calling for "de-escalation, dialogue, and diplomacy" to ensure lasting peace in West Asia. "We welcome the ceasefire reached and hope that it will lead to lasting peace in West Asia. As we have continuously advocated earlier, de-escalation, dialogue and diplomacy are essential to bring an early end to the ongoing conflict," the Ministry of External Affairs (MEA) said. "The conflict has already caused im ...Read More >
New Delhi, April 8 (UNI) The Ministry of External Affairs on Wednesday welcomed the two-week ceasefire agreement reached between the United States, Israel and Iran, expressing hope that it would pave the way for "lasting peace" in the conflict-ridden West Asia. In an official statement, India reiterated its consistent position of advocating "de-escalation, dialogue and diplomacy" the only essential viable path to bring an early end to the ongoing hostilities. Highlighting the broader impact of ...Read More >
Lucknow (Uttar Pradesh) [India], April 8 (ANI): Following the "double-sided" two-week ceasefire between US and Iran, Maulana Khalid Rashid Firangi Mahali, Chairman of the Islamic Centre of India and member of the All India Muslim Personal Law Board (AIMPLB), on Wednesday welcomed the ceasefire agreement between Iran and the United States, calling it a positive step for global stability and human life. Speaking to ANI, the AIMPLB member expressed relief over the de-escalation of the conflict, no ...Read More >
New Delhi: India on Wednesday welcomed the announcement of ceasefire between the United States and Iran, expressing hope for lasting peace in the West Asian region. In its first response after the truce, the Ministry of External Affairs (MEA) reiterated its earlier message of "de-escalation, dialogue, and diplomacy" and said it hopes the ceasefire will lead to long-term stability. "We welcome the ceasefire reached and hope that it will lead to a lasting peace in West Asia. As we have continuous ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has assumed an average crude oil price of $85 per barrel for FY 2025-26, in line with its CPI inflation projection of 4.6 per cent. RBI Governor Sanjay Malhotra shared the estimate during a press conference after the Monetary Policy Committee decided to keep the repo rate unchanged at 5.25 per cent. He added that the crude oil price assumption for FY 2027-28 is $75 per barrel. The projection follo ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The US-Iran ceasefire, Bitcoin, and the entire crypto market have quickly become intertwined as easing geopolitical tensions sparked a sharp move across digital asset markets. As headlines shifted from threats of escalation to a temporary pause, traders reacted instantly -- but whether this momentum can hold remains uncertain. Markets turned optimistic after US President Donald T ...Read More >
New Delhi, Apr 8 (PTI) The announcement of a ceasefire, between the US and Iran, along with the reopening of the Strait of Hormuz, will provide immediate relief to exporters by easing shipping disruptions, FIEO said on Wednesday. US President Donald Trump announced a two-week suspension of military strikes against Iran. Iran agreed to allow safe navigation through the Strait of Hormuz during the ceasefire, triggering sweeping market moves across oil, equities and currencies. "The ceasefire an ...Read More >
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