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New Delhi: 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 and reopening o ...Read More >
US envoy to India Sergio Gor met US Commerce Secretary Howard Lutnick on Tuesday. US envoy to India Sergio Gor met US Commerce Secretary Howard Lutnick and discussed the commercial roadmap for the two countries and the opening up of a market of 1.4 billion people for American products. In a social media post, Gor said he discussed with Lutnick a new Memorandum of Understanding that seeks to connect India's AI scale with the American AI ecosystem and also strong participation from New Delhi in ...Read More >
New Delhi: The United States and Iran have agreed to a two-week ceasefire, a breakthrough that officials suggest was quietly directed by Beijing's growing diplomatic guidance. While Pakistan has emerged as the primary mediator for the upcoming negotiations in Islamabad, according to US President Donald Trump, it was Beijing that helped get Tehran to the negotiating table. The proposal, which emphasises an immediate cessation of hostilities, the reopening of the Strait of Hormuz, and a long-ter ...Read More >
MUMBAI: India's equity market cheered the two-week ceasefire in West Asia and the reopening of the Strait of Hormuz as benchmark indices- the BSE Sensex and the NSE Nifty50- sprinted almost 4% in early trade deals. The Sensex surged 2,800 points, or 4%, to an intraday high of 77,456, while the Nifty50 jumped over 800 points, or 3.7%, to the day's high of 23,961. The relief rally came after US President Donald Trump said that Washington would suspend military actions against Iran for two weeks a ...Read More >
Lucknow, April 8 (SocialNews.XYZ) As US President Donald Trump announced a two-week suspension of planned military strikes on Iran, and Tehran indicated its willingness to reopen the strategically significant Strait of Hormuz, signalling a possible easing of tensions, Shia leaders on Wednesday claimed that global powers like the United States and Israel have been forced to step back. Speaking to IANS, General Secretary of the All India Shia Personal Law Board, Maulana Yasoob Abbas, said, "Today ...Read More >
New Delhi: Global oil prices dropped sharply after Donald Trump announced a two-week ceasefire with Iran, easing supply concerns and triggering a positive reaction across financial markets. Sharp Fall in Crude Prices Brent crude prices fell significantly from around $109.77 to nearly $95 per barrel, while US West Texas Intermediate (WTI) crude also declined by almost $20 per barrel within minutes of the announcement. The sharp correction came as investors anticipated a normalization of oil su ...Read More >
New Delhi: US President Donald Trump said on Wednesday that the United States will help with traffic buildup in the Strait of Hormuz, hours after Washington and Tehran agreed to a truce. "The United States of America will be helping with the traffic buildup in the Strait of Hormuz," Trump wrote on his Truth Social platform. "There will be lots of positive action! Big money will be made. Iran can start the reconstruction process," he added. The US president's tone contrasted starkly with his th ...Read More >
New Delhi, April 8: The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, and maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting. The Standing Deposit Facility (SDF) rate has been kept unchanged at 5 per cent, while the Marginal Standing Facility (MSF) rate remains at 5.50 per cent, RBI Governor Sanjay Malhotra said while announcing the MPC decision. The RBI Governor described 2025 as a challenging year, but noted that inflatio ...Read More >
New Delhi, April 8: Congress MP Priyanka Gandhi Vadra on Wednesday hailed Iranians after US President Donald Trump agreed to a 14-day ceasefire with Iran, saying that hatred, anger, violence and injustice never win, and courage always wins. Taking to social media platform X, Priyanka Gandhi Vadra said, "Iranian men and women formed human chains around their country's resources while western powers spoke in a despicable language, heralding the "end of a civilization". The world is watching and un ...Read More >
NEW DELHI: The Reserve Bank of India (RBI) has projected India's economic growth to moderate to 6.9% in 2026-27, while inflation is expected to edge higher to 4.6%, as geopolitical tensions and global supply disruptions cloud the macroeconomic outlook. Announcing the first bi-monthly monetary policy of FY27, the RBI said the Monetary Policy Committee (MPC) retained the policy repo rate at 5.25% and maintained a neutral stance, citing a complex trade-off between supporting growth and containing ...Read More >
New Delhi: As US President Donald Trump pulled back on his threats to launch devastating strikes on Iran late Tuesday, as the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz, key nations have issued a wave of cautious support. The pause in hostilities, mediated in part by Pakistan, comes just as a devastating "total destruction" deadline set by U.S. President Donald Trump was set to expire. The reaction from Australia, Japan, Malaysia, and New Z ...Read More >
New Delhi: Congress MP Jairam Ramesh on Wednesday raised strong concerns over the Central government's foreign policy, calling Pakistan's role in the ceasefire between the United States and Iran a "severe setback" for Prime Minister Narendra Modi. US President Donald Trump suspended the "bombing and attack" campaign on Iran, announcing a two-week double-sided ceasefire and accepting the 10-point proposal from Iran. The Iranian side then accepted Trump's peace overture and agreed to safe passage ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, and maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting. The Standing Deposit Facility (SDF) rate has been kept unchanged at 5 per cent, while the Marginal Standing Facility (MSF) rate remains at 5.50 per cent, RBI Governor Sanjay Malhotra said while announcing the MPC decision. The RBI Governor described 2025 as a challenging year, but no ...Read More >
(RTTNews) - Indian shares opened on an upbeat note on Wednesday after the U.S. and Iran agreed to a two-week ceasefire, contingent on reopening the Strait of Hormuz, sending oil prices crashing. The benchmark BSE Sensex was up 2,758 points, or 3.7 percent, at 77,374 in early trade ahead of the RBI's monetary policy decision later in the day. The broader NSE Nifty index soared 802 points, or 3.5 percent, to 23,925. Airline IndiGo traded nearly 10 percent higher as crude prices plunged below $10 ...Read More >
"The use of nuclear weapons can never be justified", Rahul Gandhi said. With US President Donald Trump threatening that a whole civilisation will die on Tuesday night, Congress leader Rahul Gandhi said any language or action that contemplates the end of civilisation is unacceptable in the modern world and asserted that the use of nuclear weapons can never be justified. In a post on X, Gandhi said, "Wars are tragic, yet they remain a reality. Any language or action that contemplates the end of ...Read More >
Mumbai, April 8: Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal secto ...Read More >
New Delhi, April 8 (SocialNews.XYZ) Global crude oil prices on Wednesday plunged sharply up to 20 per cent, after US President Donald Trump announced a two-week ceasefire with Iran that includes a pledge to restore navigation through the Strait of Hormuz -- the narrow waterway at the heart of the world's most acute energy crisis in decades. The international benchmark Brent crude futures shed nearly 16 per cent or $17.39 to $91.88, hitting an intraday low, while US WTI crude declined almost 20 ...Read More >
New Delhi [India], April 8 (ANI): Indian benchmark indices opened with significant gains on Wednesday as global investor sentiment improved following the announcement of a ceasefire between the United States and Iran. BSE Sensex stood at 77,230.04 points, marking an increase of 2,613.46 points or 3.50 per cent at 9:15 am. Simultaneously, NSE Nifty 50 stood at 23,855.15 points, up by 731.50 points or 3.16 per cent. A key trigger for the rally was the sharp correction in crude oil prices, with Br ...Read More >
Mumbai, Apr 8 (PTI) Stock market benchmark indices Sensex and Nifty surged in early trade on Wednesday following a sharp rally in global peers and a significant drop in crude oil prices after the US and Iran announced a two-week ceasefire. The 30-share BSE Sensex jumped 2,775.73 points or 3.71 per cent to 77,392.31 in early trade. The 50-share NSE Nifty surged 815.2 points or 3.52 per cent to 23,938.85. From the 30-Sensex firms, InterGlobe Aviation jumped the most by nearly 10 per cent. Larsen ...Read More >
New Delhi: Pakistan Prime Minister Shehbaz Sharif's call for a Middle East ceasefire on X does not appear to have been written by his own office. The edit history of the post shows that the full text came from an outside draft, complete with a header that no Pakistani official would ordinarily use. Sharif published the message on April 7, 2026. It asked US President Donald Trump to extend a deadline by two weeks, urged Iran to open the Strait of Hormuz for the same period as a goodwill gestur ...Read More >
Mumbai, Apr 8 (PTI) The rupee appreciated 50 paise to 92.56 against the US dollar in early trade on Wednesday after US President Donald Trump announced suspension of military strikes against Iran for two weeks. Forex traders said the two-week ceasefire announcement triggered a wave of outsized bargain buying amongst the risk assets as Asian Stocks, Dow futures, Gold and Silver all rallied while Brent Oil fell below USD 100 to USD 96 per barrel. The rupee in accordance surged to 92.56 levels, w ...Read More >
New Delhi, Apr 8 (PTI) Crude oil prices retreated sharply on Wednesday crashing by 6 per cent to hit their lower circuit level in futures trade, tracking weak global benchmarks after the US and Iran announced a two-week ceasefire. On the Multi Commodity Exchange (MCX), crude oil futures for the April delivery slumped by Rs 640, or 6 per cent, to Rs 10,029 per barrel -- its lower circuit limit. Similarly, the May contract declined by Rs 565, or 6 per cent, to Rs 8,860 per barrel, also hitting i ...Read More >
Mumbai, April 8 (SocialNews.XYZ) Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT ...Read More >
Mumbai: Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal sector stocks ...Read More >
Trump said he had ended multiple global conflicts since taking office, including the India-Pakistan escalation in May 2025. US President Donald Trump on Monday repeated his claim that he had ended the India-Pakistan conflict last year, saying he "saved 30 to 50 million lives", as the US remains engaged in a prolonged conflict with Iran in West Asia. India launched Operation Sindoor against Pakistan on May 7, 2025, in response to the Pahalgam terror attack in April that year. India struck terro ...Read More >
Lucknow (Uttar Pradesh) [India], April 8 (ANI): Shia Markazi Chand Committee president Syed Saif Abbas Naqvi on Wednesday congratulated the world for two weeks ceasefire announced by US President Donald Trump, saying that Iran put a stop to a hooligan who was spreading terror in the entire world. Speaking to ANI, Naqvi congratulated everyone and said Iran has won. "I congratulate everyone. Iran has won. This is good news for the world that Iran put a stop to a hooligan who was spreading terror ...Read More >
New Delhi: Donald Trump has lost this war. And Pakistan has helped expose that loss in the most embarrassing way possible. The man who projected himself as the ultimate dealmaker has ended up depending on the same Pakistan he once projected as a crisis manager during Operation Sindoor. This is clear proof that Trump is no longer dictating terms and is instead trying to exit on terms shaped by others. It is also about loss of face, loss of leverage and loss of the central claim Trump made abou ...Read More >
Lucknow (Uttar Pradesh) [India], April 8 (ANI): Following the agreement of a two-week "double-sided" ceasefire between the US and Iran, General Secretary of the All India Shia Personal Law Board (AISPLB), Maulana Yasoob Abbas, on Wednesday congratulated Iran on its "victory." Speaking to ANI, Abbas stated that the US used to think of itself as a "superpower"; however, on the 40th day of the war, it has lost, along with Israel, while Iran has won. "The US used to think of itself as a superpower. ...Read More >
MUMBAI, April 8 (Reuters) - The Indian rupee is set to open higher on Wednesday in the run‑up to the central bank's policy decision, buoyed by plunging oil prices and the rally in Asian currencies after a two‑week Middle East ceasefire. The rupee is likely to open in the 92.40-92.50 range versus the U.S. dollar, having settled at 93.0075 on Tuesday. Brent crude June futures plunged nearly 14% to $94.10 a barrel, U.S. equities rallied more than 2%, while South Korean and Japanese shares climbed ...Read More >
New Delhi: The chain of events that averted a global catastrophe unfolded with dramatic speed on Tuesday. It began with President Donald Trump issuing a final ultimatum, threatening to launch devastating strikes against Iran's energy infrastructure and warned that a "whole civilization" was at risk if Tehran did not capitulate by his midnight deadline. As the clock ticked down to within two hours of the deadline, a diplomatic breakthrough was reached through the mediation of Pakistan. The Trump ...Read More >
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