Auckland, July 10 (IANS) As the US-Iran tensions threaten the global supply chain once again, New Zealand’s Minister for Trade and Investment, Todd McClay, said on Friday that New Delhi and Wellington are going to build new connectivity links, along with shipping routes being firmed up between the two nations.In an interaction with IANS, McClay said, as we see a flare-up in the Middle East again, “we would like peace to be there and issues to be worked out around the negotiating table”.He furthe…
Latest US-Iran tensions News & Updates
New Delhi, June 25 (IANS) As India marks the 51st anniversary of the Emergency, Congress leader Salman Khurshid on Thursday noted that the people of the country already gave their verdict on its imposition by removing the party from power in the elections conducted soon after it was lifted in 1977.In an exclusive interaction with IANS, the senior advocate spoke about BJP’s observance of ‘Samvidhan Hatya Diwas’, the NCERT inserting a chapter on Emergency and also on the row that a passport is not…
Mumbai, May 16 (IANS) Domestic institutional investors (DIIs) continued to cushion domestic equity markets with net purchases worth Rs 18,520 crore during the week, even as foreign institutional investors (FIIs) remained net sellers amid elevated market volatility and persistent global uncertainties.According to provisional exchange data, FIIs offloaded equities worth Rs 13,580 crore during the week, while DIIs remained net buyers.In May, FIIs have sold equities worth Rs 24,660 crore, whereas DI…
Mumbai, May 11 (IANS) Opposition parties in Maharashtra on Monday criticised Prime Minister Narendra Modi’s advice on austerity and economic mindfulness amid the US and Iran war, saying that as the elections are done, ‘sacrifice’ suddenly comes to mind. They strongly demanded that the PM’s call should be implemented first by the Centre and BJP ruled sates.Congress Legislature Party leader, Vijay Wadettiwar, claimed that until the elections in five states were over, war was forgotten; now tha…
New Delhi, April 25 (IANS) Domestic investors raised their shareholding to a record 29 per cent in Indian equities, offsetting the decline in foreign participation, a new report has said.Foreign portfolio investor (FPI) ownership in Indian equities dropped to its lowest level in 16 years in the March quarter, the report from Morgan Stanley said.Domestic ownership in the listed universe surged 40 basis points from the previous quarter. With the increase primarily driven by domestic institutions, …
Mumbai, April 25 (IANS) The domestic equity markets closed on a weak note this week, with benchmark indices declining about 2 per cent amid escalating tensions in West Asia, a sharp spike in crude oil prices, and heavy selling in IT stocks weighing on sentiment.On a weekly basis, headline indices Sensex and Nifty ended lower, falling 2.3 per cent and 1.9 per cent, respectively.However, broader markets showed relative resilience, with the BSE Midcap and BSE Smallcap indices slipping just 0.6 per …
Mumbai, April 15 (IANS) Gold prices remained largely steady on Wednesday as improving prospects of easing geopolitical tensions between the United States and Iran kept investor sentiment in check.During early trade, MCX gold May futures were marginally higher by 0.02 per cent at Rs 1,53,305 per 10 grams.Commenting on gold technical outlook, experts said that a sustained move above Rs 1,55,000 could revive momentum toward Rs 1,57,000-Rs 1,58,000.“On the downside, a break below Rs 1,54,000 may l…
Mumbai, March 24 (IANS) Indian stock markets ended the session on a strong note, with benchmark indices closing near their day’s highest levels, supported by gains in auto and banking stocks.Positive sentiment among investors was also driven by hopes of easing geopolitical tensions between the United States and Iran, despite mixed signals from both sides.The Nifty rose sharply by 399.75 points, or 1.78 per cent, to settle at 22,912.40. The Sensex also posted solid gains, climbing 1,372.06 poin…
Mumbai, March 23 (IANS) Gold and silver prices in India traded sharply lower on Monday, tracking weakness in global bullion markets amid rising concerns over inflation and potential interest rate hikes following escalating US-Iran tensions.On the Multi Commodity Exchange (MCX), gold futures dropped steeply at the opening. Gold futures (April 2) fell as much as 5.59 per cent, or Rs 8,089, to hit an intra-day low of Rs 1,36,403 per 10 grams by 9:40 am, while silver declined 6.63 per cent, or Rs 15…
New Delhi, March 14 (IANS) The BJP highlighted on Saturday that petrol prices in India have remained unchanged at Rs 94.77 per litre, despite sharp increases in many major economies. The party attributed this stability to Prime Minister Narendra Modi’s “handling” of the global energy crisis triggered by escalating US-Iran tensions since late February.In a post on X, BJP national spokesperson Pradeep Bhandari claimed that India had managed to maintain fuel price stability despite global markets w…
