Mumbai, July 13 (IANS) Indian equity markets opened lower on Monday as crude oil prices rebounded to near the $80-per-barrel mark amid renewed geopolitical tensions.Sensex began the session at 76,963.35, down over 600 points or 0.78 per cent, while Nifty started at 24,039.40, declining 167.50 points or 0.69 per cent.Sector-wise, most indices traded in the red, led by Nifty Auto and Nifty Metal, which fell up to 1 per cent. Nifty Consumer Durables, Nifty PSU Bank and Nifty Private Bank also witne…
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New Delhi, June 24 (IANS) Pakistan’s attempts at mediating between the US and Iran initially boosted its diplomatic profile, but has also exposed Islamabad to risks such as the alienation of allies like Saudi Arabia, raising suspicions in Washington and Tehran, as well as its dependence on countries like China and Qatar to actually steer the talks.The exercise has unsettled Saudi Arabia because it appeared to tilt Islamabad closer to Tehran at a time when Riyadh expected Pakistan’s alignment…
Washington, June 1 (IANS) US President Donald Trump is planning to modify the terms of the agreement with Iran to end the war, even as Tehran prepares to introduce new elements, an American media outlet has reported. In an endless ping-pong, the White House awaits a new response from Iran in a negotiation that, as three sources told The New York Times, risks starting from a more backward square. According to one of the officials interviewed by the newspaper, Trump would like to accelerate negoti…
New Delhi, May 28 (IANS) Gold and silver traded lower in international markets on Thursday as a stronger US dollar and renewed geopolitical tensions following fresh US military action against Iran weighed on sentiment and heightened concerns that inflation could remain elevated for longer.Spot gold slipped nearly 2 per cent to $4,368.99 per ounce, while COMEX gold was trading 1.80 per cent lower to $4,367.90 per ounce.On the other hand, silver prices also came under pressure, with spot silver de…
Brussels, Feb 28 (IANS) The European Union on Saturday expressed serious concerns over the latest developments in Iran, while reaffirming its steadfast commitment to safeguarding regional security and stability. The EU stated that it remains in close contact with the partners in the region. “Ensuring nuclear safety and preventing any actions that could further escalate tensions or undermine the global non-proliferation regime is of critical importance. The European Union has adopted extensive …