Prime Minister Modi had already appealed days ago to the public to avoid buying gold for a year as the rupee's year-long slide against the dollar has worsened during the Iran war.
A prolonged conflict will have far-reaching implications for regional geopolitics, sharpening the divisions among Gulf countries that are directly affected by the tensions.
Every day that passes without clarity on how and when the war will end introduces fresh intensity to the uncertainty roiling global markets and adds to the economic turmoil the world must bear because of it.
In meeting with envoy, petroleum minister expresses gratitude to Kuwait govt for its “timely facilitation ... in ensuring the safe dispatch" of vessel bringing diesel supplies to Pakistan.
“The Iranian aircraft currently parked in Pakistan arrived during the ceasefire period and bear no linkage whatsoever to any military contingency or preservation arrangement," it says.
Trump says ceasefire is on "life support" and hints at restarting Hormuz operation; Iranian foreign ministry says many concerned states have reached out and says Islamabad still "official mediator".
Trump’s words and deeds have revived fears among Washington’s long-standing friends — from Europe to the Middle East to the Indo-Pacific — that the US might be unreliable in a future crisis.
Marriage halls increase rates or avoid long-term pricing commitments due to economic uncertainty; govt austerity measures have led to stricter enforcement of wedding regulations.
Demands more than just "strongly worded statements", warns against yielding international waters to Iran; Trump weighs response to allies blocking base access.
In a letter to Rubio, 30 US lawmakers say Congress has a “constitutional responsibility to be fully informed about the nuclear balance in the Middle East”.
“They trifled with us today; we blew them away," US president says; Iran’s top joint military command accused the US of violating the ceasefire by targeting an Iranian oil tanker.
“We’re not looking for a fight. But Iran also cannot be allowed to block innocent countries and their goods from an international waterway,” says Pentagon chief Pete Hegseth.
At Corps Commanders’ Conference, military leadership notes that "emerging geopolitical developments carry significant implications for regional stability".