New Delhi, April 18 (IANS) Foreign institutional investors (FIIs) have begun to show early signs of stabilisation in the Indian equities following a prolonged period of outflows, according to market watchers.Notably, FIIs turned net buyers in the final three sessions of this week, lending support to the recovery and improving overall sentiment.However, on a cumulative basis, flows remained marginally negative for the week at around Rs 250 crore, indicating that sustained inflows will be required…
Latest Iran News & Updates
Washington, April 18 (IANS) The United States Department of the Treasury has extended a waiver permitting the delivery and sale of sanctioned Russian oil already loaded onto vessels, pushing the deadline to May 16, according to a document released on its official website. The earlier 30-day waiver had expired on April 11.The renewed license, issued on Friday (local time), is part of the administration’s broader effort to stabilise global energy prices, which have surged amid the ongoing US-Israe…
Washington, April 18 (IANS) Finance Minister Koo Yun-cheol said the Korean won has been stabilising against the US dollar following its depreciation amid the ongoing US-Israeli war against Iran, expressing hopes that it will align with market expectations.Koo made the remarks during a meeting with Korean reporters in Washington, as the Korean currency strengthened to the 1,460 won range against the greenback after Iran’s reopening of the crucial Strait of Hormuz, amid expectations that the Unite…
Tehran, April 18 (IANS) Iran’s Parliament Speaker Mohammed Bagher Ghalibaf has warned US President Donald Trump that Tehran could shut down the Strait of Hormuz if the United States continues its naval blockade.This came shortly after the US President indicated that the restrictions would remain in “full force”.In a post on X, Ghalibaf asserted that maritime movement through the strategic waterway would be regulated strictly by Iran. “With the continuation of the blockade, the Strait of …
Washington, April 18 (IANS) President Donald Trump touted economic gains, claimed foreign policy breakthroughs and urged supporters to deliver a Republican victory in the midterm elections, striking a combative tone at a Turning Point USA event in Arizona.“Our economy is booming, incomes are rising, investment is soaring, inflation has been defeated,” Trump said. “Our workers are thriving, our border is closed, and America is respected all over the world.”He described the 2024 election a…
Tehran, April 18 (IANS) Iran will not transfer its enriched uranium to a foreign country, and sending it to the United States has never been under consideration, Iranian Foreign Ministry spokesman Esmaeil Baghaei said.Baghaei, speaking on state-run IRIB television, said that recent public statements by Foreign Minister Seyed Abbas Araghchi were made within the framework of the ceasefire between Iran and the United States announced on April 8, not as signals of a new diplomatic opening.Earlier on…
Washington, April 18 (IANS) President Donald Trump said Iran had agreed to reopen a critical global shipping route while warning that US military pressure would continue until a broader agreement is finalised.Addressing a Turning Point USA gathering in Arizona, Trump said the Strait of Hormuz was “fully open and ready for business and full passage,” signalling a potential easing of tensions in one of the world’s most sensitive energy corridors.At the same time, he made clear that US forces…
Jerusalem, April 17 (IANS) The Israel Defence Forces (IDF) on Friday announced in a statement the lifting of most gathering restrictions that were in place due to the war on the Iranian and Lebanese fronts. The lifting of restrictions followed the start of a ceasefire in Lebanon.The change in restrictions took effect at 4 pm Israeli time (1300 GMT) and allows gatherings without restrictions on the number of people in most areas of the country, except areas near the northern border with Lebanon, …
New York, April 17 (IANS) Britain’s Prime Minister Keir Starmer said on Friday his country and France would lead a “defensive” mission to protect navigation in the Strait of Hormuz. He said the mission would be “strictly peaceful” and ensure the Strait should not have tolls and must remain completely free.Starmer was speaking at a news conference as representatives of about 50 countries met in person and virtually on free access for shipping through the Strait.India was invite…
New York, April 17 (IANS) Iran has announced on Friday that the Strait of Hormuz will be open during the ceasefire and US President Donald confirmed it with a “thank you” post, while maintaining the US blockade of Iran’s ports would continue.Iran Foreign Minister Seyed Abbas Araghchi said on X, “The passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire”.He linked the opening to the 10-day ceasefire reached on Thurs…