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the New York Times. This is to give Trump additional military options even as he weighs a new diplomatic initiative with the Islamic republic, according to the report.“About 2,300 Marines from the 31st Expeditionary Unit are scheduled to arrive in the Middle East later this week, and U.S.

Write to Anat Peled at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Give credit where it’s due. Despite all the setbacks, Donald Trump is right that the US-Israeli war in Iran war hasn’t triggered the oil price super-spike many feared—at least not yet. “I thought it would be worse, much worse,” the American president said last week, and it’s hard to disagree.

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Investors have grown accustomed to the idea that US President Donald Trump-induced shocks rarely last long, because, as the popular TACO acronym tells us, ‘Trump Always Chickens Out.’ But the American president’s decision to join Israel in starting a war with Iran has opened a geopolitical and macroeconomic Pandora’s box that may make a tidy walk-back impossible. Under the surface, financial markets are starting to take note.The ‘TACO regime’ in American stocks—under which every selloff was a buying opportunity—may be over. That thesis will now get a test after Trump postponed threatened strikes against Iranian energy infrastructure and power plants for five days, pending the outcome of what he said were talks with Iran to end the war.

The juxtaposition of the Russia-Ukraine war and unfolding US-Israel-Iran war offers a compelling window to the evolving character of contemporary warfare. One is a protracted, grinding contest of endurance; the other, a sharp demonstration of rapid, multi-domain coercion. Yet, taken together, they underline a common truth: technological change has not simplified war, it has made it more complex, more diffuse and less predictable.

Kalyan Jewellers, Joyalukkas and Jos Alukkas, are not buying fresh inventory and are feeling the heat of the crisis, according to the same people.Titan and Kalyan Jewellers declined to comment to Mint's queries. Queries mailed to Joyalukkas and Jos Alukkas did not elicit a response until press time.This setback amid the escalating war between the US-Israel and Iran comes at a crucial juncture, as Titan's Gulf business is in a turnaround phase.In the company's post-acquisition call, chief financial officer Ashok Sonthalia had said 2025 would be a “restructuring year”, with the business expected to remain earnings-dilutive until 2027, and turn positive only from 2028, making any delay more consequential.According to Titan's December earnings call, it has completed acquisition of a 67% stake in Dubai-based Damas Jewellery, marking the closure of the $283 million deal and indicating that all required regulatory approvals have been secured.

fertilizer. For plants, nitrogen is a vital nutrient for growth—without it they cannot convert sunlight into energy. If all crops knew how to synthesize nitrogen from the air (which is available freely), there would be no need for urea.

As reports emerged last week on which ships Iran had let through the Strait of Hormuz, India-bound carriers of LPG among them, one group was no surprise: vessels carrying Iranian crude exports. By data analytics firm Kpler’s estimate, Iran’s oil shipments kept up an average daily pace of 1.3-1.4 million barrels in March amid hostilities with the US and Israel. Most of it was headed for China, reportedly, bought by small refiners paying in Chinese yuan.

Five major central banks—the US Federal Reserve, the European Central Bank, the Bank of England, the Reserve Bank of Australia, and the Bank of Japan—met this week to deliver their rate decisions. Four of the five opted to pause and continue with existing policy rates.

New Delhi: India’s top two-wheeler makers are bracing for pressure on margins and demand, as a surge in commodity costs linked to the ongoing West Asia war coincides with the impending withdrawal of electric vehicle (EV) subsidies. The twin blow has led to concerns that the companies, including TVS Motor, Bajaj Auto and Hero MotoCorp, may be forced to raise prices, absorb cost pressures, or risk slowing adoption of EVs.Analysts and industry executives note that the removal of subsidies under the government's PM E-Drive scheme from April can lead to price hikes of up to ₹5,000 for electric two wheelers.

L&T, said in a press briefing on Saturday, the company’s first major status update since the US-Israel-Iran war broke out on 28 February.Most of the work suspension has been voluntary, he said, to ensure the safety of the company’s staff. At two sites, customers recommended temporarily halting work, he added.The company has not yet evacuated any staff from the region, but it is also not sending new people there from India at the moment, he said.

”The back-and-forth was the latest demonstration of one of the dangers that AI technology has posed to global affairs: Not only can AI fakery deceive millions online, but real videos can also be dismissed as AI-generated lies,” a New York Times report said. The phenomenon, known as the “liar’s dividend,” has proliferated during the current West Asia conflict, with thousands of videos leaving watchers unable to tell the difference.As far as can be verified, Netanyahu appears hale and hearty.Meanwhile, Israel assassinated two top Iranians: Ali Larijani, a former nuclear negotiator and secretary of Iran’s Supreme National Security Council, and Brigadier General Gholamreza Soleimani, head of Iran’s Basij paramilitary force.The killings underscore a problem highlighted by US President Donald Trump on Friday: there are few leaders left in Iran to negotiate an end to the war.

State Bank of India has evacuated 64 employees from West Asia to Mumbai over the past few days as the country’s largest lender activated a business continuity plan in response to the escalating war in Iran.SBI obtained approvals from local regulators to temporarily manage its operations in three countries from India, two people aware of the matter said. Only minimal on-ground presence has been maintained in these locations to comply with regulatory requirements.“People have shifted to India after regulators permitted it.

after the US and Israel attacked Iran on 28 February. While several global economies, from the US to China, have already passed on higher costs to consumers, India has kept prices stable. With crude prices surging, oil marketing companies (OMCs) are taking a big hit.

LPG) at about 62%. Fertilizer imports account for roughly 30% of consumption.That headline number masks wide variation across nutrients.

Beneath the stated justifications of any war in history—righteous causes, nuclear threats, regime changes—the bedrock truth is the same. Conflict is and has always been a quest for resources. The Iran war is merely the latest chapter.

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Even as the US-Israel war on Iran has put the world on edge, another flare-up closer home is threatening regional stability. As Kabul has reported, at least 400 people were killed in an airstrike by Pakistan that struck a hospital in Afghanistan.

We have been here before. In the 1970s, US President Gerald Ford urged Americans to combat escalating energy costs in response to the Arab-Israeli war. His Whip Inflation Now (Win) initiative encouraged people to grow vegetables in their yards, car pool and use cold water in the laundry.