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A US-Iran interim agreement, digitally signed, mandates a ceasefire, sanctions relief, and port access, with a 60-day truce extension, though Trump threatened renewed attacks if terms are violated.
Travancore Sugars halted 'Jawan' liquor production for five days, losing ₹28.8 crore, due to increased bottle and cap prices, impacting sales of competing brands.
Iran deems peace talks with the US pointless, citing unfulfilled commitments, while Israel-US strikes on Hezbollah in Beirut complicate a deal Trump expected imminently.
US President Trump accused Iran of drone attacks on Indian ships near Hormuz, calling it ‘unacceptable’. Iran denied this, labelling the claim 'baseless' and accusing the US of attacking the vessels.
President Trump stated a deal to end the war with Iran is nearly complete, with Iran agreeing not to acquire nuclear weapons and the Strait of Hormuz reopening.
The US conducted strikes in Iran, threatening more if no peace deal is reached. Iran claimed counter-attacks and warned of Strait of Hormuz action, while US denied a closure and denied significant damage from Iranian strikes.
Iran's Revolutionary Guards attacked a Jordan base and Gulf targets in retaliation for US strikes. Jordan intercepted missiles, while Kuwait and Bahrain reported drone and missile attacks.
A US court struck down the Trump administration's $100,000 H-1B visa fee, ruling the executive branch lacked authority. This removes a significant financial barrier for Indian professionals and employers reliant on foreign talent, though the administration intends to appeal.
The US House approved a resolution to block President Trump from continuing the war against Iran, with four Republicans voting with Democrats. The vote is largely symbolic.
President Trump is confident a trade deal with India will be reached, citing his good relationship with Prime Minister Modi, despite ongoing tariff concerns.
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