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ISLAMIC FINANCE
A 60-day clock starts ticking on the US-Iran peace agreementA peace agreement between the United States and Iran has been announced. This marks the end of a period of intense fighting. The core of th...- From bombs to billions: The strange economics of US-Iran peace dealIran and United States are set to sign a peace deal involving significant financial concessions and sanctions relief for Iran. The deal see...
- Nifty Bank rallies 1,000 points; HDFC Bank, IndusInd, Yes Bank, and other stocks jump up to 3%. What lies ahead?Banking stocks rallied sharply on Monday, pushing the Nifty Bank index nearly 1,000 points higher as easing geopolitical tensions and falli...
- Pain for Pakistan: History makes a U-turn in India's neighbourhoodRussia and the Taliban have signed a significant military cooperation agreement. This pact alters regional security dynamics. Pakistan's st...
- Abraham Accords explained: What it means and why Pakistan is rattled by Trump’s pushAbraham accords means: The Abraham Accords, a 2020 normalization agreement between Israel and several Arab nations, are being revived by Do...
- US Senator urges sanctions on entities paying Iran for passage via Strait of HormuzUS Senator Tom Cotton has called on the Treasury Department to sanction entities aiding Iran's control over the Strait of Hormuz. He specif...
- Pakistan army chief in Tehran as Iran weighs US peace offerPakistan's army chief arrived in Tehran for mediation efforts to end the Middle East war, as Iran considers a peace proposal amid reports o...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- How US President Donald Trump's crypto venture and Iran's top exchange tapped into the same industry networksIran's Nobitex exchange moved billions through Tron and BNB Chain, networks by Justin Sun and Changpeng Zhao. These blockchains facilitated...
- SC grants bail to UAPA narco-terror accused: bail is the rule and jail an exception even in UAPA casesThe Supreme Court has granted bail to Syed Iftikhar Andrabi, who was embroiled in a narco-terrorism case. The court underscored the fundame...
- What to know about joint US-Nigeria operation that killed a senior militant leaderTrump wrote in a social media post that the mission in the early hours of Saturday targeted Abu Bakr al-Mainuki, who was part of the top le...
- US State Department offers $15 million bounty for insights on Iran's IRGC funding networksThe US Department of State has announced a reward of up to USD 15 million for key intel that could turn the tide against Iran's Islamic Rev...
- UK sanctions Iranian entities accused of deploying criminal proxiesBritain has imposed new sanctions targeting groups and individuals accused of facilitating hostile Iranian actions. These measures aim to d...
- For foreign workers in Mideast, risk from Iran war collides with economic strain at homeA missile strike in the Mideast killed Mohammad Abdullah Al Mamun, a Bangladeshi migrant worker, highlighting the perilous situation for mi...
- Five new districts sparks concern in Kargil, deepens faultlines in LadakhResidents in Kargil have raised concerns over the creation of five new districts in Ladakh, alleging the move could divide the region’s uni...
- Global Market Today: Asian stocks drop as Iran talks stall, oil gainsAsian equities opened lower as US-Iran talks showed little progress in de-escalating the Middle East conflict, keeping the Strait of Hormuz...
- US–Iran War Day 53: Last hours for peace? Ceasefire nears expiry as Trump warns 'bombs will go off' & Iran threatens Hormuz; Markets watch nervouslyIran War Day 53 News: US–Iran war entered day 53 with tensions rising as a fragile ceasefire neared expiry and uncertainty surrounded possi...
- MDBs to deepen collaboration to support nations amid heightened global uncertaintyGlobal development banks are joining forces to help countries navigate economic challenges. They are combining resources and knowledge to m...
- For a few billion dollars, Pakistan has landed in dire straitsPakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...
- ET in the classroom: What is Islamic finance?Islamic finance refers to a financial system that is consistent with the principles of Sharia, the sacred law of Islam.
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