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India’s retail inflation breached the RBI’s 4% target for the first time under the new CPI series, rising to 4.38% in June from 3.93% in May and about 2.7% a year earlier. The latest print reflects a broader pass-through of price pressures that had, until recently, remained concentrated at the producer level, largely driven by…
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Vessels sail through the Strait of Hormuz, Musandam, Oman. File | Photo Credit: Reuters The memorandum of understanding (MoU), signed by the U.S. and Iran on June 17, promising to extend the ceasefire and launch talks on Iran’s nuclear programme and Western sanctions, is falling apart. U.S. President Donald Trump has declared that the “ceasefire…
Read More “Why Iran insists on controlling the Strait of Hormuz” »
The world is holding its breath with respect to the June 14 adoption of a Memorandum of Understanding (MoU) between Iran and the United States for a cessation of hostilities and a 60-day period of negotiation to iron out their thorny differences. The scepticism stems from at least two scores of premature claims by U.S….
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U.S. President Donald Trump said on Saturday (May 23, 2026) a deal with Iran had been “largely negotiated,” with the proposal including opening the crucial Strait of Hormuz, though the agreement was “subject to finalisation.” “An Agreement has been largely negotiated, subject to finalisation between the United States of America, the Islamic Republic of Iran,…
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United States Secretary of State Marco Rubio speaks with journalists during a meeting of NATO Foreign Ministers in Helsingborg, Sweden, on May 22, 2026. | Photo Credit: AP The United States has seen some progress in talks with Iran and is in constant communication with the Pakistani mediators, but there is more work to be…
Read More “Rubio cites some progress on Iran talks but ‘we’re not there yet’” »
Iranian Foreign Minister Abbas Araghchi (left) meets with Pakistan’s Army Chief Field Marshal Asim Munir (right) in Islamabad, Pakistan, on April 25, 2026. Photo: Iranian Foreign Ministry via AP Iranian Foreign Minister Abbas Araghchi on Saturday (April 25, 2026) met Pakistan Army chief Field Marshal Asim Munir in Islamabad, as Islamabad continued its efforts to…
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“I have all the time in the World, but Iran doesn’t — The clock is ticking!” President Donald Trump said. File | Photo Credit: AP President Donald Trump said on Thursday (April 24, 2026) the United States is in no rush to end the war with Iran but “the clock is ticking” for the Islamic…
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“Just like we are experiencing in the U.S., this could be the Golden Age of the Middle East!!!” U.S. President Donald Trump said. File | Photo Credit: Reuters U.S. President Donald Trump said on Wednesday (April 8, 2026) that the United States will help with traffic buildup in the Strait of Hormuz, hours after Washington…
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“I can say this, they do want to make a deal,” President Donald Trump said. File | Photo Credit: AP President Donald Trump said on Thursday (January 29, 2026) he believed Tehran wanted to make a deal to avoid military action, adding that the U.S. “armada” near Iran was bigger than the one he dispatched…
Read More “Trump says Iran wants deal, U.S. ‘armada’ larger than in Venezuela raid” »