Savings Effect

Iran has announced that passage for all commercial vessels through Strait of Hormuz is now completely open for the remaining period of the ceasefire. Iran's foreign minister Abbas Aragchi said in a social media post that the Strait of Hormuz - a critical passageway for maritime traffic - is now open for passage for all commercial vessels.

President Donald Trump claimed Iran has made key concessions in negotiations with the US and that a deal to end the war — which has left thousands dead and rattled energy markets — could be announced “fairly soon.” The US president said it may be unnecessary to renew a two-week ceasefire with the Islamic Republic before it expires next week, defying expectations that an extension will be needed to allow more time for diplomacy.

Violence in Noida’s industrial clusters reflects rising strain in India’s labour market, driven by wage disparities, inflation pressures, and persistent informal employment, with delays in labour reforms adding to uncertainty.