Tata Sons Annual General Meeting Next Week May Not Happen: Reports

INDIA MARKET | Sat, 15 Aug 2026, 7:59PM IST The issue arises from the Maharashtra Charity Commissioner's May ruling prohibiting the Sir Ratan Tata Trust from holding a board meeting while an investigation into the board's makeup is conducted.

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What US isolation of Iran could look like

INDIA NEWS | Sat, 15 Aug 2026, 7:55PM IST Treasury Secretary Scott Bessent says the US is getting ready to squeeze Iran with unprecedented economic pressure, a claim critics greeted with skepticism given the country is already subject to a naval blockade and thousands of sanctions.While the Trump administration hasnt said what its planning to do, there are still pressure points that Bessents Treasury Department could hit. The main challenge is that targeting the remaining options risk blowback on the US economy.Also Read | Iran defiant on strait as Trump tells Americans to accept high gas pricesUnless the president decides to prioritize addressing the Iran threat over all other issues, and namely China, its unlikely any action they take is going to materially change Irans calculus, Bloomberg Economics analyst Chris Kennedy said.Below is a look at a few options. Theyre far from exhaustive and it remains unclear which, if any, the administration will pursue. Officials could combine several of these measures or opt for a different approach altogether.China TiesChina buys more than 90% of Irans oil exports. Penalties on entities that facilitate these purchases would directly reduce Tehrans oil revenues.Washington has already sanctioned some Chinese teapot refineries and firms since the US started the war against Iran in late February. But so far, the US has stopped short of targeting the major Chinese banks that finance the trade.Also Read | US pulls last aircraft carrier in Asia as Trump focuses on Iran and the Western HemisphereThe risk is that hitting Chinese companies or financial institutions risks worsening tensions with Beijing ahead of a planned meeting between President Donald Trump and Chinese leader Xi Jinping. Theres also an economic tradeoff, since curtailing Iranian barrels would remove discounted crude from the global market and could lift already elevated oil prices.In May, China ordered domestic companies not to comply with US sanctions on five refiners, while its biggest banks were caught between Beijings directive and the risk of losing access to the US financial system.Exchange HousesThere are a number of exchange houses in countries such as the United Arab Emirates that help Iran repatriate funds. Once Iran makes its oil sales, it still needs exchanges and intermediaries to convert payments often received in Chinese yuan into currencies Tehran can actually use.Treasury has already demonstrated that it sees this as a vulnerability, sanctioning some Iranian exchange houses, as part of Bessents Economic Fury campaign, for allegedly helping to launder billions of dollars in foreign currency.Such a move would keep Iran from accessing many of its funds, but Iran has spent years building alternative channels to move money outside the formal financial system. Cutting off individual exchange houses will likely push transactions toward new intermediaries, currencies or digital assets, rather than stopping them altogether.Irans Trading Partners The US could threaten secondary sanctions on any entity doing even limited business with Iran, similar to the approach Trump took toward North Korea in 2017. That could force foreign companies and banks to choose between doing business with Iran and retaining access to the US financial system, potentially extending Washingtons leverage well beyond entities directly involved in Tehrans oil trade.Such a move could put additional pressure on Russia and China, but also on companies and financial institutions in countries around Irans borders including US partners like Turkey that maintain significant commercial ties with Tehran.Trump has already floated a version of this approach, threatening 25% tariffs on countries conducting business with Iran. So far he hasnt followed through.Overseas AssetsThe US could go beyond freezing Iranian government assets and try to confiscate assets already under US jurisdiction, drawing on a step the Bush administration took after the 2003 invasion of Iraq.However, the pool of Iranian state assets actually within US reach may be limited. And confiscating them would be legally and diplomatically more complicated than simply freezing them. Much of Irans overseas wealth is held in third countries and Washington would need cooperation from foreign governments to seize it.Shadow FleetWhile a US naval blockade has reduced traffic to Irans ports, the US may consider a more comprehensive effort. That could target not just individual vessels, but also the companies, terminals and other infrastructure that enables those shipments. The US has already sanctioned vessels and some entities involved in this so-called shadow fleet.

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Israeli Airstrikes On Southern Lebanon Kills 11, Says Health Ministry

INDIA MARKET | Sat, 15 Aug 2026, 7:41PM IST Lebanon's Health Ministry and state news agency said one of the airstrikes that targeted a home on the edge of the village of Ansar killed seven people, including three children, and wounded two. The second, on the village of Deir al-Zahrani, killed four and wounded 17.

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Fresh 6.8 magnitude tremors hit Sumatra hours after deadly quake kills 40

INDIA MARKET | Sat, 15 Aug 2026, 7:39PM IST The Northern Sumatra earthquake struck hours after the deadly earthquake off eastern Indonesia. India Today reported the magnitude at 6.8

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Iran, Oman edge closer to Hormuz shipping routes deal as war continues

INDIA MARKET | Sat, 15 Aug 2026, 7:33PM IST The move follows a series of attacks in Hormuz, through which a fifth of the world's oil and gas transited before the war

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Iran, Oman Home In On Hormuz Strait Deal As Ship Attacks Mount

INDIA MARKET | Sat, 15 Aug 2026, 7:31PM IST The finalization of a "shipping map" forms part of a broader accord to govern traffic through the strait and constitutes an independent arrangement between the two states that will uphold their sovereignty and ensure the safe transit of vessels.

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India Launch Hockey World Cup Campaign With Commanding Win Over Wales

INDIA MARKET | Sat, 15 Aug 2026, 7:26PM IST The win gives India an ideal start in Pool D. They next face England on August 17 before taking on arch-rivals Pakistan on August 19.

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Batwara 1947 Box Office Collection Day 2: Sunny Deol Film Gains Momentum After Slow Start

INDIA MARKET | Sat, 15 Aug 2026, 7:13PM IST Rajveer Deol, Sunny Deol, Bobby Deol and Karan Deol pose for photographs during Batwara 1947 special screening in Mumbai.

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US Pulls Last Aircraft Carrier In Asia As Trump Focuses On Iran And Western Hemisphere

INDIA MARKET | Sat, 15 Aug 2026, 7:01PM IST The USS George Washington is departing the Pacific and expected to replace the USS Abraham Lincoln in the Middle East amid growing concerns about mental health and supply issues aboard the long-deployed carrier.

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Vishwanath and Sons Box Office Collection Day 2: Suriya-Mamitha Baiju Film Continues Strong Run

INDIA MARKET | Sat, 15 Aug 2026, 6:58PM IST Released on August 14, 2026, the film alsomarks Suriya's second theatrical release of the year after Karuppu.

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Atletico Madrid Sign Tottenham Hotspur Defender Cristian Romero

INDIA MARKET | Sat, 15 Aug 2026, 6:42PM IST He played a significant role in Argentina's 2021 and 2024 Copa Amrica victories, Finalissima and 2022 World Cup victories, and their most recent runner-up result in the 2026 FIFA World Cup.

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2h

BMW Industries Q1 Profit Rises 26% On Revenue Growth; Ebitda Up 22%

INDIA MARKET | Sat, 15 Aug 2026, 6:28PM IST Kolkata-based steel processor reports 15% growth in Q1 income, while EBITDA margin expands 147 basis points to 25.1%; Bokaro expansion remains on track for revenue generation in Q2 FY27.

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Hormuz Ship Attacks Mount As US Vows To Cripple Iran Economy

INDIA MARKET | Sat, 15 Aug 2026, 6:13PM IST The UK Maritime Trade Operations on Saturday said it had been notified of a projectile striking the hull of a bulk carrier. Two Abu Dhabi National Oil Co. vessels were struck while transiting Hormuz on Thursday and another was hit on Friday evening.

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Awarapan 2 Box Office Collection Day 2: Emraan Hashmi Film Continues To Draw Crowds

INDIA MARKET | Sat, 15 Aug 2026, 6:09PM IST Emraan Hashmi in Awarapan 2

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Elon Musk Says X Will Make Government Censorship Requests More Visible

INDIA MARKET | Sat, 15 Aug 2026, 5:49PM IST Elon Musk says X will make government content-removal requests more visible, expanding transparency around censorship, moderation and algorithms while giving users greater insight into government intervention and content visibility.

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3h

India Inc Backs Modi's Self-Reliant India Push, Welcomes Growth Vision

INDIA MARKET | Sat, 15 Aug 2026, 5:42PM IST Prime Minister Narendra Modi

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Modi Urges Farmers To Tap Global Markets, Says Chemical-Free Farming Can Open New Export Opportunities

INDIA MARKET | Sat, 15 Aug 2026, 5:32PM IST Prime Minister Narendra Modi

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The Cutthroat Wearables Battle Is About More Than Tracking Your Fitness

GLOBAL NEWS | Sat, 15 Aug 2026, 5:30PM IST Google, Apple, Samsung and upstarts like Oura are racing to integrate data from their wearable devices into the health care system.

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3h

After Public Feud, Trump And Musk Rebuild Ties With $100 Million Pact

INDIA MARKET | Sat, 15 Aug 2026, 5:27PM IST Trump and Elon Musk have moved from a bitter feud to a cautious alliance, with Musk planning to spend at least $100 million on Republican efforts in the 2026 midterms while maintaining a lower political profile.

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3h

Jana Nayagan Box Office Collection: Thalapathy Vijay Film Enters Final Leg, Can It Hit Rs 200-Crore Mark?

INDIA MARKET | Sat, 15 Aug 2026, 5:19PM IST Jana Nayagan needs around Rs 4.71 crore more to reach Rs 200 crore in India, with Vijay starrer now in the last leg of its theatrical run.

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3h

Barcelona's Ferran Torres Joins Paris Saint-Germain, Signs Until 2031

INDIA MARKET | Sat, 15 Aug 2026, 4:58PM IST Ferran Torres

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4h

UCIL eyes bigger uranium output to fuel Indias 100 GW nuclear push

INDIA BUSINESS | Sat, 15 Aug 2026, 4:51PM IST UCIL aims to lead nuclear fuel supply for India's energy program. The company is enhancing mining and processing capacities for this goal. New mining activities are planned in other parts of the country. UCIL will utilize tailing ponds and expand its Tummalapalle plant. Environmental clearances are being sought for the Rohil project in Rajasthan.

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The Odyssey Box Office Collection Day 29: Christopher Nolan Film Slows Down On Weekdays In India

INDIA MARKET | Sat, 15 Aug 2026, 4:45PM IST The Odyssey stars Matt Damon, Tom Holland, Zendaya, Anne Hathaway and Robert Pattinson.

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4h

'It Was A Joke': Mumbai Man Held After Bomb Remark Grounds IndiGo Flight

INDIA MARKET | Sat, 15 Aug 2026, 4:29PM IST The incident forced over a hundred passengers off the aircraft.

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4h

Flash Flood, Landslide Wreak Havoc In Arunachal; 5 Army Personnel Missing, 4 Dead

INDIA MARKET | Sat, 15 Aug 2026, 4:26PM IST Search and rescueactivities have been carried out by Nacho Police Station personnel.