Conflict escalates in the Middle East: Israeli-American air strikes hit Iran, Tehran, and Beirut—thousands displaced, global crisis deepens
The Middle East conflict escalates sharply as Israel and the United States intensify military operations against Iran following a series…
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- Stocks fall, oil prices gain after Trump warns Iran 'clock is ticking'
U.S. President Donald Trump has set deadlines for Iran and then backed off, so investors have remained cautious about the situation in the Strait of Hormuz and how it is impacting global energy flows, including oil and gas
- Rupee falls to record low of 96.25 against U.S. dollar
The rupee opened at 96.19, then fell further to 96.25 against the U.S. dollar, registering a fall of 44 paise from its previous close
- Stock markets slump in early trade on surging oil prices amid escalation in tensions in West Asia
For Indian markets, the biggest concern continues to remain elevated crude oil prices and currency pressure
- FPIs pull out ₹27,000 crore in May; 2026 outflows hit ₹2.2 lakh crore-mark
FPIs were net sellers in all months of 2026, except February.
- Mcap of nine of top 10 valued firms erodes by ₹3.12 lakh crore; Reliance biggest laggard
From the top-10 pack, Bharti Airtel emerged as the only winner.
- More than 30 wounded in Russian attacks on Ukraine overnight
Moscow has been Ukrainian cities since it invaded more than four years ago but the latest Russian attack comes after both sides traded some of their bloodiest strikes in months
- Iran-Israel war LIVE: Responded to latest U.S. peace proposal, says Iran
UAE reports drone strike at nuclear power plant; Saudi Arabia intercepts three drones from Iraqi airspace
- China agrees to boost trade for U.S. agricultural products following Trump-Xi summit
The announcement came two days after President Donald Trump returned from a high-stakes summit in Beijing where he sought to ease the impact on American farmers from the trade war he launched last year
- Earthquake hits southwest China; thousands evacuate, buildings collapse
Thirteen buildings collapsed in the early hours of Monday (May 18, 2026), state broadcaster CCTV reported
- Malaysia ends Indonesia migrant boat search, 16 bodies recovered
The migrants were trying to reach several destinations in Malaysia, including Penang, Terengganu, Selangor and Kuala Lumpur for work
