US defence secretary Pete Hegseth has delivered one of the clearest signals yet of Washington’s approach to the ongoing war with Iran, saying: “We negotiate with bombs,” even as the White House insists diplomatic pathways remain open.Speaking as US and Israeli strikes continue across Iranian territory, Hegseth framed the military campaign as both decisive and…
Spot gold, which had declined for nine consecutive sessions, is now stabilising at around USD 4,420 per ounce in international markets, supported by cautious optimism surrounding the Iran conflict, said Praveen Singh, Head of Commodities at Mirae Asset ShareKhan. He noted that US President Donald Trump had announced a five-day pause on strikes targeting energy…
US president Donald Trump has shared a 15-point proposal with Iran aimed at ending the ongoing conflict in the Middle East, saying that it “all starts with, they cannot have a nuclear weapon,” signalling a renewed diplomatic push even as military operations continue, according to a report by the NYT citing officials privy to the…
NEW DELHI: PM Narendra Modi on Tuesday announced the formation of seven empowered groups to assess the implications of the ongoing military conflict in West Asia on energy supplies, essential commodities and supply chains, and chart a strategy to cushion its impact on the Indian economy.In a statement in Rajya Sabha, Modi said the conflict…
MUMBAI: The accepted wisdom, for years, was that global uncertainties and inflation would drive the prices of precious metals northward. The war in West Asia is challenging that direction of causality.Despite heightened global uncertainties and fear of oil-price-led inflation, the price of the two precious metals-gold and silver-have slid southward. And market players and analysts…
For more than a century, global power has often flowed not just from armies or governments, but from tightly knit financial networks — from dynasties like the Rothschilds in Europe to the Rockefellers in the United States, whose influence helped shape modern capitalism, oil markets, and geopolitics. In 2012, when RIT Capital Partners linked with…
Donald Trump with Saudi crown prince (Image/AP) As the war in the Middle East enters its fourth week, a new report has revealed that Saudi Arabia’s Crown Prince Mohammed bin Salman has been urging US President Donald Trump to continue military operations against Iran. He described the conflict as a critical moment to reshape the…
US president Donald Trump spoke with Pakistan army chief Asim Munir earlier this week as Islamabad is attempting to position itself as a key mediator in the ongoing US-Israel-Iran conflict. Meanwhile, Pakistani prime minister Muhammad Shehbaz Sharif held a separate call with Iranian president Masoud Pezeshkian on Monday, according to officials familiar with the discussions.The…
Experts have cautioned that the ongoing Middle East conflict will impact India’s growth story. (AI image) In the first signs of the impact of the US-Iran war on the Indian economy, the private sector recorded its slowest expansion in more than three years in March, according to the latest HSBC PMI survey. Rising prices linked…
US soldiers stand atop a military tank displayed at the World Defense Show in Riyadh. (AP photo) With the war entering its 25th day of tensions in the Middle East, Saudi Arabia and the United Arab Emirates have reportedly taken tentative steps that could draw them closer to the Iran conflict, pointing to a potential…