EXECUTIONS IN IRAN
Oil sanctions: What can India do without Russian crude?
India faces potential disruption to its cheap Russian oil supply due to threatened US and NATO sanctions over the Ukraine conflict. These secondary sanctions, including tariffs, aim to pressure Russia into peace negotiations. While India's oil minister downplays the threat, analysts suggest India may need to diversify its oil sources, potentially increasing costs.
West Asia imbroglio: Lessons on geo political stratagems for India
In 2025, a regional conflict erupted in West Asia between Iran and Israel, drawing in the USA. The conflict stemmed from Iran's 'deterrence' strategy against Israel and Israel's efforts to dismantle Iran's 'axis of resistance'. Israel strategically marginalized Iranian proxies, leading to direct confrontation and strikes on Iranian nuclear assets, highlighting key lessons for India's security challenges.
Trump faces backlash as 69% believe Epstein details concealed
A recent poll suggests that a majority of Americans believe the Donald Trump administration is withholding details related to the Jeffrey Epstein case. This perception persists even among Republicans. The administration's handling of the matter has drawn criticism. Donald Trump faces backlash from his supporters. He downplayed their concerns. The controversy highlights tensions within Trump's political base.
India's iron ore imports to rise on JSW steel demand, falling prices
India's iron ore imports are projected to increase this year, fueled by rising demand from JSW Steel, as global prices decline. Imports are expected to reach 8-10 million metric tons, with JSW Steel driving the surge. Increased steel production, estimated to grow by 8% to 162 million metric tons, will further boost iron ore imports.
Trump is doing something no one wants
Donald Trump's recent actions, including threatening tariffs against Brazil, highlight a stark contrast to China's approach of offering economic partnerships. This underscores the challenge for the U.S. in maintaining its global influence amidst China's rise. Many nations, like Brazil, prefer a balanced world order and are wary of being forced to choose sides, complicating America's foreign policy objectives.
Ixigo logs 73% rise in Q1 revenue; net profit climbs 27% to Rs 19 crore
This is thanks to growth across all lines of business, effective cross-selling and up-selling to its user base, and AI-driven efficiency at Le Travenues Technology, the parent company of online travel aggregator Ixigo. Expenses rose to Rs 293 crore in the June quarter from Rs 168 crore YoY. A significant amount of the expenditure is related to employee benefits and other expenses.
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Mutual funds cut Rs 1,700 crore exposure in 9 defence stocks. Too expensive to buy or smart exit?
The defence stock rally is losing steam as mutual funds offloaded Rs 1,713 crore across nine stocks in June, led by Solar Industries, Zen Technologies, and Bharat Forge. Post-Operation Sindoor optimism and NATO-led tailwinds pushed valuations into overheated territory, prompting institutional exits amid concerns of stretched pricing and execution risks.
Trump, White House race to stem Epstein conspiracy fallout
Donald Trump faces challenges from his supporters regarding Jeffrey Epstein files. The administration considers options like releasing documents and appointing a special prosecutor. Some MAGA influencers are urged to reduce criticism. Internal tensions arise due to discontent over various issues. Trump defends Attorney General Pam Bondi. Some allies demand more transparency on the Epstein case.
Oil executives brush aside Trump’s tariff threat on Russian crude
Indian refinery executives believe Donald Trump's threat of tariffs on Russia is a negotiation strategy. They anticipate minimal impact on global oil markets or India's Russian crude imports. Experts suggest the oil market reaction has been muted. A 100% tariff could disrupt energy trade and raise global inflation. India and China are top buyers of Russian oil.
Inside America’s most secretive warriors: Delta Force and SEAL Team 6
In the shadows of international conflict, Delta Force and SEAL Team 6 emerge as elite warriors of the US military. Delta Force, the Army's pride, is adept at ground operations, while SEAL Team 6, the Navy's finest, dominates the seas.
Iran's Prez Pezeshkian sustained minor leg injuries while escaping Israeli attack
An Israeli air strike targeted a high-level Iranian security meeting in Tehran on June 15, resulting in minor injuries to President Masoud Pezeshkian, who escaped through an emergency exit. Iranian officials confirmed the attack aimed to eliminate the heads of the government's three branches.
BDL, GRSE, other defence stocks slide over 3% for second day amid sector cool-off
Defence stocks like BDL, GRSE, and Mazagon Dock fell for the second day as investors booked profits amid easing geopolitical tensions and valuation concerns. A recent downgrade on BDL added to the pressure. The Nifty defence index dropped 2.3%.
SC agrees to hear plea seeking diplomatic intervention to save Kerala nurse Nimisha Priya facing execution in Yemen
The Supreme Court will hear a plea concerning Nimisha Priya, a nurse from Kerala. She faces a death sentence in Yemen. The court asked the central government to diplomatically intervene. The petitioner wants the government to stop the execution. They seek her release through diplomatic means. The Attorney General will assist the court. The hearing is scheduled for Friday.
BPCL shares can rally up to 26% on superior refining metrics, outshining HPCL, IOCL in Nomura's view
Nomura picks Bharat Petroleum Corporation Ltd as top stock among state oil firms. The brokerage highlights BPCL's refining efficiency and balanced business. Nomura projects a potential 26% rally in BPCL shares. They raise the target price to Rs 435, reiterating a 'buy' rating. BPCL's superior refining performance sets it apart from Hindustan Petroleum Corporation Ltd and Indian Oil Corporation Ltd.
Moment to take advantage of avenues of expansion is now
India aims to significantly expand its nuclear power capacity. This requires legislative changes and a new ecosystem. The goal is 250 GW of nuclear power by 2047. Current regulations and structures need reform. A regulatory body like TRAI is suggested. The US is offering collaboration through the International Nuclear Energy Act. India must develop suitable legal frameworks.
Crude ouput: OPEC+ opens oil tap wider before planned August hike, raising fears of price fall
OPEC+ is set to accelerate oil production increases in August, exceeding previous plans with a 548,000 barrel-per-day boost. This shift prioritizes market share over price control, surprising traders and raising concerns about a potential supply surplus. The decision comes amid fluctuating demand, geopolitical tensions, and economic challenges for key OPEC+ members and US shale producers.
Mossad drops bombshell, claims hundreds of IRGC members secretly asking for help to escape Iranian regime
Mossad X account has claimed that hundreds of IRGC officers and soldiers are secretly reaching out, saying they’re fed up with Iran’s regime. The account, posting in Farsi on X (formerly Twitter), hints at growing unrest inside Iran’s powerful Revolutionary Guard. While not officially confirmed as Mossad’s real page, it has been sharing a mix of leaks, jokes, and warnings—possibly part of a broader psychological strategy. It’s even mocked IRGC generals and offered fake medical help. This surprising twist adds a new layer to Iran-Israel tensions and raises big questions about loyalty inside the Iranian military ranks.
School Assembly Headlines for July 4, 2025: Check all the national, international, sports, business news here
School Assembly Headlines for July 4, 2025: Delhi seeks to lift the fuel ban on overage vehicles, while the Defence Ministry initiates a massive arms procurement. Heavy monsoon rains lash India as international news focuses on Israeli strikes in Gaza and Thailand's new acting PM. In business, Amitabh Kant joins IndiGo's board, and in sports, Shubman Gill's record-breaking innings leads India to a massive Test total.
Trump kicks off a yearlong celebration of America's 250th anniversary in Iowa
President Trump transformed a festival for the U.S. 250th anniversary into a rally celebrating his accomplishments, including recent tax cuts. He touted the legislation's passage and other achievements while addressing supporters in Iowa. The event, intended to kick off a year of national unity, faces challenges due to political divides and funding cuts affecting commemorative programs.
School Assembly Headlines for July 3, 2025: Check all the national, international, sports, business news here
School Assembly Headlines for July 3: Prime Minister Modi's five-nation tour reaffirms India's BRICS commitment, while the government introduces 'RailOne' for unified railway services. Globally, oil prices surge due to Iran's actions, and the IMD forecasts nationwide rainfall. In sports, Real Madrid advances in the Club World Cup, and India Women secure a T20I victory against England, marking a day of significant national and international developments.
Sachin Shah on macro tailwinds that will boost Indian market, 3 sectors to bet on
Indian equity markets showed gains despite geopolitical tensions. Regulator confidence, GDP growth, and RBI support boosted the market. Subdued oil prices and a favorable monsoon outlook fueled optimism. Sachin Shah highlights private sector banking and auto as undervalued sectors. He also sees growth in contract research and manufacturing. Indian companies offer value in textiles, electronics, and engineering.
No one's afraid of an oil supply jinx
Indian refiners remained calm during the Iran-Israel conflict. They trusted the oil market's stability. Strategic petroleum reserves are only partially full. Efforts to expand reserves have stalled. The US shale boom and other global events shaped this confidence. India now sources more crude from the spot market. Discounted Russian oil also boosted confidence.
Is Trump gambling with America's future?
President Trump is operating as if traditional restraints have disappeared, adopting bold and risky moves both domestically and internationally. From unilateral military action in Iran to pardoning January 6 defendants, deploying federal forces in cities, and slapping aggressive tariffs—even against allies—he seems emboldened by weakened institutional checks.
UAE residents plan to save big for summer season travel as tensions in the region continue
As summer arrives in the UAE, Emiratis prioritise travel, with many planning to save a big amount, according to the Allianz Partners Travel Index. Despite Middle East tensions impacting global travel, outbound travel from the UAE remains strong, driven by leisure, family visits, and business. Travellers are increasingly opting for travel insurance for flight delays and health issues.
Iran loaded naval mines amid rising tensions in Strait of Hormuz, US officials say
US intelligence detected Iranian military preparations to mine the Strait of Hormuz following Israeli strikes in June. While the mines were not deployed, the move signaled Tehran's possible intent to disrupt one of the world’s most critical shipping lanes. Officials have not ruled out further retaliation or military maneuvers by Iran
Iran’s top Shia cleric issues fatwa against Trump, Netanyahu; calls them ‘enemies of God’
Grand Ayatollah Naser Makarem Shirazi has declared U.S. President Trump and Israeli Prime Minister Netanyahu as "enemies of God" in a new fatwa, urging Muslim unity against them. This pronouncement follows a deadly conflict between Iran and Israel, escalating regional tensions involving the United States.
Did the US obliterate Iran's nuclear program? We just don't know
The White House faces scrutiny over operation Midnight Hammer. It is an American strike on Iran's nuclear facilities. Questions arise about the mission's strategic success. President Trump claims obliteration of Iranian facilities. Conflicting intelligence reports suggest limited impact. Concerns echo the Iraq war's narrative. Honest assessment remains elusive. The true impact on Iran's nuclear program is currently unknown.
"Iran can never develop or acquire a nuclear weapon...": US tells Pakistan
US Secretary of State Marco Rubio spoke with Pakistan's Prime Minister Shehbaz Sharif about Middle East developments, emphasizing that Iran must not develop nuclear weapons. Following escalating tensions, the US launched Operation Midnight Hammer, targeting Iranian nuclear facilities in Fordow, Natanz, and Isfahan. This operation aimed to significantly degrade Iran's nuclear weapons infrastructure after conflict arose between Iran and Israel.
Iran turns to internal crackdown in wake of 12-day war
Following Israeli airstrikes, Iranian authorities have shifted focus from a ceasefire to internal security, initiating mass arrests and military deployments, particularly in Kurdish regions. Security forces have intensified street presence with checkpoints, targeting potential unrest and suspected Israeli agents. Hundreds have been arrested, with Kurdish and Baluch minorities facing increased scrutiny amid concerns of opposition to the Islamic Republic.
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