New Delhi, April 8 (IANS) The Indian rupee on Wednesday showed positivity for a fourth consecutive session against the dollar, tracking gains in global equities after the United States and Iran agreed to a two-week ceasefire, offering markets respite from turbulence driven by the West Asia conflict.The domestic currency rose 0.4 per cent to 92.61 against the dollar from its previous close of 93.This comes after US President Donald Trump announced a temporary ceasefire with Iran, easing geopoliti…
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Mumbai, April 8 (IANS) Gold and silver prices on Wednesday traded sharply higher due to safe-haven demand, even after a two-week ceasefire plan was announced by US President Donald Trump.On the Multi Commodity Exchange (MCX), gold futures (June 5) jumped as much as Rs 3,688 or 2.45 per cent to an intraday high of Rs 1,53,977 as of 10:52 AM.The yellow metal was trading at Rs 1,53,920, up Rs 3,631 or 2.42 per cent. It touched an intraday low of Rs 1,53,301, a gain of 2 per cent from the previous c…
Washington, April 8 (IANS) After announcing a two-week ceasefire with Iran, US President Donald Trump on Wednesday said that it was a “big day for World Peace”. He said that Iran wanted this to happen as “they have had enough”, while adding that Tehran can start the reconstruction. In a statement shared on Truth Social, Trump stated that the US will be helping the traffic buildup in the Strait of Hormuz and mentioned that American troops will “hang around” to ensure everything “goes well”.In a p…
New York, April 8 (IANS) United Nations Secretary General Antonio Guterres on Wednesday welcomed the announcement of two-week ceasefire by the US and Iran and urged all the parties involved in the ongoing conflict in West Asia to comply with their obligations under international law and abide by the terms of ceasefire. Guterres stressed that an end to hostilities is urgently needed to “protect the lives of people and alleviate human suffering”. He expressed appreciation for countries involved in…
Washington, April 8 (IANS) US President Donald Trump has stepped back from the brink of a major military escalation with Iran, announcing a conditional two-week pause in planned attacks tied to reopening the Strait of Hormuz, a development that came as a big relief to people across the world.The decision came 90 minutes before the self-imposed 8 p.m. EST deadline set by Trump for Iran to reach a deal, after backchannel diplomacy involving Pakistan.Trump, in a post on Truth Social on Tuesday (loc…
Tehran, April 8 (IANS) Iran on Wednesday indicated its willingness to halt its military response provided that attacks against it are stopped, while also announcing a temporary opening of the strategically vital Strait of Hormuz for a period of two weeks.In a statement, Iranian Foreign Minister Seyed Abbas Araghchi said the development comes at a time when ceasefire negotiations are currently underway, signalling a possible de-escalation in ongoing tensions.He further stated that a two-week wind…
Washington, April 8 (IANS) US President Donald Trump announced that he has agreed to suspend planned military strikes on Iran for two weeks, linking the pause to Tehran’s agreement to reopen the Strait of Hormuz and ongoing negotiations toward a broader peace deal.In a statement, Trump said the decision came “based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan,” who had urged restraint as tensions escalated.“Subject to the Islamic Republic …
Washington, April 5 (IANS) The United States has rescued a second crew member of a fighter jet shot down over Iran, President Donald Trump said, describing the operation as one of the most daring search-and-rescue missions in recent military history. “WE GOT HIM!” Trump posted on Truth Social in the wee hours of Sunday, announcing that the missing airman had been recovered after hours of intensive operations deep inside Iranian territory.U.S. forces “located and evacuated the missing weapo…
Washington, April 5 (IANS) President Donald Trump on Sunday confirmed that a second US crew member from a downed F-15E Strike Eagle in Iran has been successfully recovered, following what he described as one of the most daring search and rescue missions in American military history.Earlier, a report by Al Jazeera had stated that the missing crew member — unaccounted for nearly two days after the aircraft was brought down — had been located and rescued after intense fighting in hostile terrain….
Tehran, April 5 (IANS) A top Iranian commander warned that any US or Israeli strike on Iran’s infrastructure would be met with “devastating and continuous” attacks on all US military assets in West Asia and Israeli infrastructure, the semi-official Fars news agency reported.Ali Abdollahi, chief commander of Iran’s Khatam al-Anbiya Central Headquarters, issued the warning Saturday as a 10-day deadline set by US President Donald Trump for Iran to open the Strait of Hormuz is due to expire Monday, …