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Iran-backed Houthi fighters

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Macro Economy & Fiscal Policy Just now (03:25 AM IST)

Oil Rebounds as US-Iran Peace Talks Stall and Hormuz Risk Persists

Oil prices rose more than 1% as markets reassessed geopolitical risk after US President Donald Trump rejected Iran’s peace proposal, leaving the prospect of a diplomatic breakthrough remote. Traders also watched a fresh rise in Iran-backed Houthi attacks on Saudi Arabia and a surge in crude exports from major Middle Eastern producers, which together underscored how fragile regional supply conditions remain.

By RDU Global Wire4 min read

World Politics & Diplomacy11h ago

Trump Rejects Iranian Offer to Reopen Strait of Hormuz, Raising Fears of Wider Conflict and Energy Shock

US President Donald Trump has rejected an Iranian proposal to restore commercial shipping through the Strait of Hormuz within seven days, dismissing Tehran's offer as unacceptable despite mounting economic pressure from the waterway's effective closure. The decision deepens uncertainty over a conflict that has already disrupted one of the world's most critical energy chokepoints, rattled oil and gas markets, and increased the likelihood of renewed military escalation.

7 min readRead →

India Sports & Cricket4h ago

India strike kabaddi gold double as Sindhu, Unnati advance and medals keep flowing at Asian Games

India delivered a commanding day at the Asian Games in Nagoya, defending both men's and women's kabaddi titles with hard-fought wins over Iran and adding more podium finishes across badminton, shooting, athletics and squash. P.V. Sindhu and Unnati Hooda moved into the women's singles quarterfinals, while Tajinderpal Singh Toor and Prachi Choudhary added silver and bronze respectively to India's growing medal tally.

5 min readRead →

India & World Affairs5h ago

Jaishankar Says BRICS and UN Are Not Rivals, Calls for Reform-Driven Global Order

External Affairs Minister S. Jaishankar said it is a "false choice" to frame BRICS and the United Nations as competing alternatives, arguing that smaller groupings are meant to support, not supplant, the global body. Speaking in New York on the margins of the UN General Assembly, he said BRICS reflects bottom-up pressure for reform and alternative thinking within the international system.

5 min readRead →

India & World Affairs20m ago

US Says India Trade Pact Is 90%-Plus Done, Hailing Potential Breakthrough in Bilateral Ties

A senior US State Department official said the long-awaited India-US trade agreement is more than 90% complete and could be finalized soon, calling it a breakthrough that would "unleash another level" of bilateral relations. The official also pointed to a packed diplomatic calendar, including Secretary of State Marco Rubio's planned India visit, a possible Modi trip to the US for the G20 summit in Florida, and renewed momentum on the Quad and the India-Middle East-Europe Economic Corridor.

5 min readRead →

India & World Affairs7h ago

China, U.S. strike $30 billion tariff cut deal and open AI talks after Xi-Trump summit

China said it has reached an eight-point consensus with the United States that includes a $30 billion reciprocal tariff-reduction arrangement and a new dialogue on artificial intelligence, following President Xi Jinping's visit to Washington. The agreement, announced after a closely watched summit with President Donald Trump, also covers a trade council, continued follow-through on earlier Kuala Lumpur talks, and coordination on global forums and foreign policy issues.

5 min readRead →

India Sports & Cricket9h ago

Sawan's marathon silver lights up India's day as Toor settles for second and Prachi springs a surprise

India's athletics campaign at the Asian Games produced a landmark marathon silver through Sawan Barwal, who shattered his own national record and delivered the country's first Games medal in the event in 44 years. The day also brought silver for Tajinderpal Singh Toor, a surprise bronze for Prachi Choudhary, and fresh scrutiny over late withdrawals by several athletes despite medical clearances.

4 min readRead →

Startups & Venture Capital3h ago

IIT Madras-backed Unicorn India Ventures raises Rs 450 crore in first close, targets Rs 1,000 crore deep-tech fund by December

IIT Madras, its Research Park and Unicorn India Ventures have announced a first close of Rs 450 crore for a Rs 1,000 crore fund aimed at advanced technology startups, with the final close expected by December 2026. The fund has already deployed nearly Rs 55 crore across four deep-tech startups as it sharpens its focus on sectors seen as strategically important to India's industrial and national security ambitions.

6 min readRead →

Legal, Courts & Regulatory5h ago

Andhra Pradesh refuses to defend transgender law changes in Supreme Court as Uttarakhand backs amendments

The NDA-ruled Andhra Pradesh government has told the Supreme Court it will not defend the Centre's 2026 amendments to the Transgender Persons (Protection of Rights) Act, saying the constitutional validity of the law is primarily a Union matter. In contrast, BJP-ruled Uttarakhand has supported the amendments, arguing that the law has not diluted transgender rights in the state and that certification and welfare processes continue.

5 min readRead →

Startups & Venture Capital5h ago

IIT-Madras Deep-Tech Fund Closes First Rs 450 Crore, Backing Frontier Startups in Defence, Space and AI

The IIT Madras-led Unicorn Frontier Fund has reached a Rs 450 crore first close, marking a major early milestone for its Rs 1,000 crore deep-tech investment vehicle. Backed by alumni, family offices, institutions, corporates and banks, the fund has already deployed capital into four startups working on rocket engines, air-quality technology, quantum instrumentation and energy storage.

5 min readRead →

Markets, IPOs & Wealth10h ago

SEBI Orders Compliance in Recovery Case Against Legal Heir in Jay Energy, S. Energies Matter

India's markets regulator has issued a General Remittance Order dated September 23, 2026, in Recovery Certificate No. 8933 of 2025 against Pinal Rajesh Mehta, the legal representative of the late Rajesh Rajnikant Mehta, in connection with the Jay Energy and S. Energies Limited case. The order underscores SEBI's continuing enforcement push to secure compliance in long-running recovery proceedings tied to market violations.

5 min readRead →

National Governance & Policy34m ago

Actis Consolidates 11 India Road Assets Into $1 Billion Trust as Investor Appetite for Toll Roads Deepens

Actis has merged 11 Indian road assets from its Long Life Infrastructure Fund 1 and 2 into the NXT-Infra Trust, a move that underscores the growing institutional appetite for operating toll roads in India. Following the fundraising, Actis' stake in the trust has fallen to 71% from 86%, with domestic investors taking the balance, as the firm positions the vehicle for future acquisitions.

5 min readRead →

National Governance & Policy2h ago

Ride-Hailing Coercion Allegations Rock Gujarat as Bharat Taxi Faces Scrutiny

Passengers and drivers in Ahmedabad and Gandhinagar have alleged that groups of men stopped ride-hailing vehicles and pressured riders to cancel Uber and Rapido trips in favour of Bharat Taxi, India's government-backed platform. The allegations, which remain independently unverified, have raised fresh questions about competition, driver livelihoods and passenger safety in one of the country's busiest urban mobility markets.

6 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Iran-backed Houthi fighters:

Strait of Hormuz(1)Saudi Arabia(1)Donald Trump(1)