Mumbai, March 25 (IANS) Gold and silver prices witnessed a strong surge on Wednesday amid easing tensions in the West Asia conflict.On the Multi Commodity Exchange (MCX), gold futures (April 2) advanced as much as Rs 5,658 or about 4 per cent to an intraday high of Rs 1,44,570 per 10 grams by 10:26 am. The yellow metal was later trading at Rs 1,44,410, up Rs 5,498 or 3.96 per cent.Similarly, silver futures (May 5) jumped around 6 per cent or Rs 13,228, hitting an intraday high of Rs 2,14,500 per…
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New Delhi, March 24 (IANS) Global crude oil prices jumped more than 4 per cent in early trade on Tuesday despite US President Donald Trump pausing planned strikes on Iran’s energy infrastructure.Brent crude rose to around $104 per barrel, up about 4 per cent, while US West Texas Intermediate (WTI) gained 4.39 per cent to $92 (as of 9:30 am).Between March 2 and March 23, crude prices surged up to 25 per cent, with Brent crude advancing 23.38 per cent to $95.92 from 77.74. The US WTI futures als…
Mumbai, March 24 (IANS) Indian equity benchmarks opened on a strong note on Tuesday amid hopes of easing tensions in West Asia over remarks by US President Donald Trump on postponing potential strikes on Iran’s energy infrastructure.Sensex surged as much as 2 per cent or 1,516 points to hit an intra-day high of 74,212, while Nifty opened at 22,878, up 365.80 points or 1.62 per cent.Sector-wise, all sectors were trading in green zone as buying was seen across the board — with consumer durables…
New Delhi, March 24 (IANS) The Indian rupee opened higher against US dollar on Tuesday after US President Donald Trump announced a five-day pause of strikes on Iranian power and energy infrastructure.The domestic currency was trading at Rs 93.64 to the dollar, as compared to the record low of Rs 93.98 to the dollar in the previous trading session.According to analysts, the market has welcomed the five-day pause but not with conviction, and any signs of further de-escalation could pull the USD/IN…
Washington, March 23 (IANS) The White House on Monday declined to comment on mediation efforts in the Iran crisis, saying sensitive diplomacy would not be discussed publicly even as reports pointed to growing back-channel activity. “These are sensitive diplomatic discussions and the United States will not negotiate through the news media,” Press Secretary Karoline Leavitt told IANS when asked about Pakistan’s role in the conflict and peace efforts.Her remarks came amid media reports …
Paris, March 19 (IANS) French President Emmanuel Macron on Thursday called for an immediate end to military strikes on civilian infrastructure, particularly energy and water supply facilities, in the current Iran war.In a message posted on social media, Macron said he had spoken with US President Donald Trump and the Emir of Qatar Sheikh Tamim bin Hamad Al Thani, following strikes that had hit gas production facilities in Iran and Qatar, noting that it was in the common interest to implement wit…
Tehran, March 1 (IANS) Iran’s security chief, Ali Larijani, stated on Sunday that the transition process following the assassination of Supreme Leader Ayatollah Ali Khamenei will commence later in the day, according to reports from state media.Iranian President Masoud Pezeshkian, along with Chief Justice Gholam-Hossein Mohseni-Eje’i and a member of the Guardian Council, a significant institution responsible for ensuring the coordination of legislation in accordance with Sharia law and the Irania…
Tehran, Feb 25 (IANS) Iran’s Foreign Minister Seyed Abbas Araghchi on Wednesday left Tehran for Geneva as the head of a political delegation to take part in the new round of indirect talks with the United States. The third round of nuclear negotiations between delegations of Iran and the United States is scheduled to be held in the Swiss city on Thursday, the semi-official Tasnim news agency reported.The talks are expected to take place as tensions remain high between Iran and the United States …