New Delhi, June 23 (IANS) President Droupadi Murmu on Tuesday presented Padma Awards for 2026 at the Civil Investiture Ceremony-II in New Delhi, with tennis star Vijay Amritraj, actor Mammootty, cricketer Rohit Sharma and singer Alka Yagnik figuring among the 65 awardees. Vice-President C.P. Radhakrishnan, Prime Minister Narendra Modi, Union Home Minister Amit Shah, Union Ministers and other dignitaries attended the ceremony held at Rashtrapati Bhawan.The 65 eminent awardees representing differe…
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New Delhi, June 23 (IANS) India’s markets successfully navigated a turbulent quarter of geopolitical shocks, and US-Iran peace deal and oil trading near $70–$80 per barrel will help ease inflation, support the rupee, reduce the import bill, and benefit rate-sensitive and oil-consuming sectors, a report said on Tuesday.The report from smallcase said the key risk remains any breakdown of the peace deal or renewed disruption at the Strait of Hormuz. It could re-spike crude, revive inflation and…
New Delhi, June 23 (IANS) US stock futures tumbled on Tuesday, signalling a weak start for Wall Street, as a global selloff in technology shares reignited concerns over whether massive investments in artificial intelligence (AI) can justify soaring market valuations.Nasdaq 100 futures fell more than 2 per cent, while S&P 500 futures declined over 1 per cent in pre-market trading. Meanwhile, Dow Jones futures were relatively resilient, falling around 0.4 per cent. The selling was triggered af…
Seoul, June 23 (IANS) South Korean stocks tumbled nearly 10 per cent on Tuesday as foreign investors dumped major semiconductor shares and other market heavyweights amid profit-taking, tracking overnight losses in US technology stocks. The local currency weakened against the US dollar.After choppy trading, the benchmark Korea Composite Stock Price Index (KOSPI) plunged 910.71 points, or 9.99 percent, to close at 8,203.84. The index hit an intra-day high of 9,175.45, reports Yonhap news agency.Th…
New Delhi, June 23 (IANS) National Security Advisor (NSA) Ajit Doval on Tuesday said that India welcomed the memorandum of understanding reached between Iran and the US and viewed the development with cautious optimism and hoped it would contribute positively to regional and global stability. Addressing the 16th BRICS National Security Advisors’ Meeting, NSA Doval said, “India welcomes the MoU reached between the US and Iran. We have got cautious optimism, and we hope that it will work. It will …
Seoul, June 23 (IANS) South Korean stocks extended losses late on Tuesday morning as big chip shares sharply lost ground, tracking an overnight slump in US techs.After opening 0.34 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) shed 389.16 points, or 4.27 percent, to 8,725.39 as of 11:20 am, reports Yonhap news agency.Overnight, U.S. Vice President JD Vance said a “very good foundation” had been established for negotiations toward a final agreement with Iran, while mediat…
New Delhi, June 22 (IANS) Apex industry body ASSOCHAM on Monday welcomed the agreement reached between the US and Iran in Switzerland to ensure safe commercial shipping through the Strait of Hormuz, saying the development is expected to ease global crude oil prices and deliver significant benefits to the Indian economy.The chamber said the breakthrough — which comes amid heightened geopolitical tensions in the region — could help restore stability to global energy markets and reduce risks asso…
Tehran, June 22 (IANS) Iran has halted its participation in a four-party talks involving the US, Qatar and Pakistan during ongoing negotiations in Switzerland after the US threats, Iranian Foreign Ministry has announced. Iran Foreign Ministry spokesperson Esmaeil Baqaei stated that a threatening US statement during the four-party meeting prompted Tehran to declare it would not continue to participate in the talks under such conditions, Tasnim News Agency reported on X.Qatar and Pakistan tried to…
Burgenstock (Switzerland), June 21 (IANS) US Vice President JD Vance said Sunday that negotiators had already made “great progress” in talks with Iran at a Swiss resort overlooking Lake Lucerne, expressing confidence that further advances could be achieved in the coming hours as senior delegations met to discuss Tehran’s nuclear programme and wider regional security issues.Delegations from the United States and Iran began closed-door talks at the Burgenstock resort at 3:09 p.m. local time,…
New Delhi, June 21 (IANS) The Parliamentary Standing Committee on Finance will be meeting soon to discuss the evolving economic situation in the country amid the uncertainties due to the West Asia crisis.Committee Chairman Bhartruhari Mahtab said: “Despite the serious headwinds, India’s economy is emerging in a better way. There are certain very good indicators where household savings also increased in comparison to last year.” However, the challenge is that private investment is not picking up,…