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September 6, 2026 9:36 AM

US Strikes three Iranian Oil Tankers, including one near Kharg Island

US forces have said that they struck three Iranian crude oil tankers after IRGC launched ballistic missiles at two US Navy warships in regional waters. A statement by US CENTCOM said they disabled tanker Downy near Kharg Island, tanker Stark 1 near Jask and destroyed unladen tanker Kylo (also known as the Noxen), in the Gulf of Oman after directing its crew to abandon ship. The CENTCOM called the three Iranian crude oil tankers a part of a shadow network that funds the IRGC and its regional prox...

September 3, 2026 5:05 PM

India-US trade pact to be finalised once Washington offers preferential terms: Piyush Goyal

India will announce the final details of its Bilateral Trade Agreement (BTA) with the United States only after Washington agrees to offer preferential tariff terms over India's competitors, Commerce and Industry Minister Piyush Goyal said on Thursday. "As soon as the US is able to give us the preferential rate in comparison to our competition, we will finalise the BTA and announce the final details," Goyal said, addressing a national workshop on Leveraging FTAs Outreach program. The minister s...

September 3, 2026 10:30 AM

India’s 7.8% growth despite global disruptions remarkable: FM Sitharaman at US investors’ meet

Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Wednesday highlighted India’s resilient economic performance amid global disruptions, saying the country recorded a remarkable 7.8 per cent growth in the first quarter of FY 2026-27 and continued to be the fastest-growing major economy. FM Sitharaman made the remarks while addressing a high-level Business Roundtable with investors organised by the Consulate General of India in New York in association with Bank of America. The...

September 2, 2026 9:38 AM

US, Australia commit $580 million in support for Pacific Islands

The United States and Australia on Wednesday announced a combined $580 million in funding for the Pacific Islands, as both nations battle China for influence in the region. Australia will offer a A$600 million ($430 million) package to combat drug smuggling in the region at a meeting of the Pacific Islands Forum in Palau, including funds for enhanced aerial surveillance and more training for police and border officials. "The Pacific is our home and our family. That’s why it’s in Australia�...

September 2, 2026 9:04 AM

US and Iran exchange attacks as lull in war appears over

The U.S. and Iran found themselves back in a war footing on Wednesday after the most significant exchange in weeks, with Washington threatening even more devastating strikes while Iran protested an attack that it said killed five and wounded dozens of civilians at a wedding. The U.S. military's Central Command said it completed a wave of strikes against Islamic Revolutionary Guard Corps targets on Tuesday including air defense sites, radar systems, maritime assets and facilities, mine-laying ca...

August 31, 2026 3:11 PM

No passage through Hormuz without Iranian Coordination, says IRGC Navy

The Islamic Revolutionary Guard Corps has claimed that it has “decisive control” over the Strait of Hormuz, countering earlier U.S. claims that the sea route was open for traffic. The US Central Command CENTCOM had earlier stated that it had cleared the sea mines in the strait’s international shipping lanes. In a statement, the IRGC Navy said that the strait is closed to all ships seeking passage without coordination with Iran, and that the closure would continue until the U.S. adheres to...

August 31, 2026 3:09 PM

UAE to probe Banque Misr branches after US flags money laundering risks

UAE’s Central Bank has decided to conduct a special and urgent examination of Banque Misr branches in the Emirates, after the US Treasury flagged that they processed transactions potentially part of Iranian shadow banking networks. Under Operation Economic Outcast, the U.S. Department of the Treasury had proposed to revoke Banque Misr UAE’s correspondent banking access to U.S. financial institutions. This would effectively block US Dollar transactions for UAE Branches of Egypt’s second-...

August 30, 2026 1:38 PM

US provides over USD 3.6 million in humanitarian assistance to flood-hit Nepal

The United States has provided humanitarian assistance worth more than USD 3.6 million to people affected by the devastating floods in Nepal, including emergency food support for up to 10,000 households, the US Embassy in Kathmandu said on Sunday. The US Embassy said it was working with the Nepal government and humanitarian organisations to ensure that assistance reaches those affected by the devastating floods that struck the Himalayan nation on Wednesday, claiming hundreds of lives and leavin...

August 28, 2026 4:35 PM

NRI Deposit Surge Steadies the Rupee as US-Iran Sanctions Escalate

Inside This Week's Economic Brief This week's Economic Brief covers India's $73 billion NRI deposit surge and rupee stability, escalating US sanctions on Iran and China's resistance, and a record 30,000 crore rupee Rakhi festival economy. This week's edition of The Economic Brief on DD India examined three major stories: a surge in NRI deposits strengthening India's external buffers, escalating US sanctions on Iran and China's pushback, and a record-breaking Rakhi festival season. The epis...

August 28, 2026 11:16 AM

US deploys aid of $500,000; WHO extends support to Nepal amid flash floods

The United States and the World Health Organization (WHO) have extended support and expressed solidarity with Nepal following devastating flash floods and mudslides, with Washington announcing USD 500,000 in assistance and the WHO dispatching emergency medical supplies. US Under Secretary of State for Political Affairs Allison M Hooker said she spoke with Nepal's Foreign Minister Shisir Khanal about the ongoing search-and-rescue efforts, including urgent efforts to locate missing US citizens. ...