GLOBAL NEWS

May 10 (Reuters) - On Sunday, the second day of the U.S.-mediated ceasefire between Russia and Ukraine looked to be seriously strained as both sides accused the other of breaking the agreement by launching attacks throughout the weekend.President Donald Trump announced the three-day ceasefire on Friday as part of a larger U.S.-led peace effort that, despite months of shuttle diplomacy, has not yet succeeded in ending the more than four-year-old conflict. Ukrainian officials claimed on Sunday that over 200 battlefield engagements had occurred since early Saturday and that three persons had been killed in Russian drone strikes on regions close to the front line. According to President Volodymyr Zelenskiy, Russia has continued to launch attacks along areas of the front where its forces are moving forward but refraining from large-scale aerial and missile strikes. In his evening speech, he stated, "In other words, the Russian army is not observing any silence on the front and is not e...

On May 10, Donald Trump accepted the Iranian proposal in the hopes that it would result in a breakthrough to end the conflict. Despite being urged to embrace the "military option" by a prominent Republican leader, U.S. President Donald Trump dismissed Iran's proposal to terminate the months-long conflict as "totally unacceptable" without providing specifics. On Sunday, May 10, 2026, Mr. Trump accepted the Iranian proposal in the hopes that it would result in a breakthrough to stop the conflict with Iran, which started on February 28 and blocked the vital maritime route for world oil supply, causing fuel shortages in a number of nations. Israeli Prime Minister Benjamin Netanyahu told an American TV on Sunday that the US-Israeli war against Iran cannot be deemed completed until Iran's enriched uranium stockpile is "taken out." "It's not finished since Iran still needs to remove enriched uranium and other nuclear items. Mr. Netanyahu stated, ...

While Washington awaited Tehran's reaction to a plan to terminate the war, US and Iranian soldiers engaged in gunfire in the Gulf. The limits of US pressure were demonstrated by a CIA estimate that said Iran could endure a blockade for months. As both sides engaged in gunfire in the Gulf on Friday, efforts to put an end to the war between the United States and Iran seemed to lose steam, and a CIA assessment indicated Tehran could have to withstand a naval blockade for several more months. Iran would not experience significant economic strain from a US blockade of its ports for around four months, according to a US official familiar with the intelligence estimate. This suggests that Washington's influence over Tehran may remain restricted despite increasing military and economic pressure. The Washington Post was the first to report on the assessment, which coincided with a sudden increase in tensions in and around the Strait of Hormuz, where this week saw some of the most inten...

The Spanish government and other U.S. federal agencies are working together, according to the U.S. State Department. On Friday, May 9, 2026, the United States announced that it was planning an evacuation flight for Americans on a hantavirus-affected cruise ship that had set sail for the Spanish Canary Islands. On Friday, May 9, 2026, the United States announced that it was planning an evacuation flight for Americans on a hantavirus-affected cruise ship that had set sail for the Spanish Canary Islands. According to a State Department official, "the Department of State is setting up a repatriation flight to support the safe return of American passengers on this ship." The spokeswoman, who wished to remain anonymous, stated, "We are in direct communication with Americans on board and are prepared to provide consular assistance as soon as the ship arrives in Tenerife, Spain." 17 Americans were on board, according to the ship operator. The number of American passengers w...

 US officials should "climb out of the pit that the child-killer has dug for them," according to a top Iranian government official. Iran sharpened its attack against the United States, warning of strong retaliation if confronted with force and demanding reparations for recent military strikes. Iran also as tensions continue to simmer despite a tenuous ceasefire following weeks of conflict in West Asia. The Iranian president's deputy for media, Seyyed Mehdi Tabatabaei, called on US officials to "climb out of the pit that the child-killer has dug for them" and accused Washington of playing "low-value psychological games." In reaction to the bombing of a Minab school where 165 girls were killed by an alleged US missile, Trump has been called a "child killer." The US should "pay reparations for the assault" and "return to their own land," he continued. Tabatabaei stated, "Iran claims to be a proponent of peace and frien...

 It was the first time Israeli air defense systems in the vicinity of a significant nuclear site had been breached by Iranian missiles. Not far from Israel's primary nuclear research facility, Iranian rockets attacked two villages in southern Israel, destroying structures and injuring others. Tehran's primary nuclear enrichment site in Natanz was attacked earlier in the day, which prompted the Iranian strikes late on Saturday. The attack on Natanz, which is located about 220 kilometers (135 miles) southeast of Tehran, was rejected by Israel. Regarding the attack on Natanz, which was also carried out during the first week of the conflict and the 12-day conflict in June, the Pentagon declined to comment. Such strikes presented a "real risk of catastrophic disaster throughout the Middle East," according to Maria Zakharova, a spokesperson for the Russian Ministry of Foreign Affairs. Hours later, Iran struck back. The largest city close to the center of Israel's thin...

The benchmark Nifty 50 index is showing a gap down open as the GIFT Nifty is trading 100 points, or 0.4%, lower at 25,441. In relation to a basket of major currencies, the dollar is flat. With markets closed on Presidents' Day, US stock futures saw minimal movement in muted volumes. Update on the Asian Market Following worries about disruption from the growth of artificial intelligence, Asian stocks fluctuated between slight gains and losses as the Federal Reserve's anticipated rate decrease this year was bolstered by benign US inflation statistics. SIX 2000 down 0.4%, Nikkei up 0.1% Hang Seng decreased by 0.5%. Recap of the US Market Despite hopes that the Federal Reserve may lower interest rates as a result of decreasing inflation, indexes were impacted by concerns that artificial intelligence would disrupt corporate earnings, which caused Wall Street to end its worst week since November. The Nasdaq dropped 0.2%, the Dow Jones Industrial Average increased 0.1%, and the S&...

Today's live gold and silver rate: At the moment, the MCX's gold prices are trading in a narrow range between ₹1,50,000 and ₹158,000. Additionally, silver MCX futures are trading close to the Rs2,70,000–₹2,35,000 range. Gold and silver rate today LIVE: Gold and silver prices bounced back strongly on Friday after the softer-than-expected US CPI data. Defying the market expectations of 2.50%, the US Bureau of Labor Statistics reported the US CPI inflation of 2.40% in January 2026, putting the US Dollar (USD) under pressure. However, this is 0.30% higher than the December 2025 CPI inflation. This triggered buying in the precious metals. The COMEX gold rate finished at $5,046.30/oz, logging an intraday gain of around 2%. The MCX gold rate ended at ₹1,56,200 per 10 gm, around ₹24,500 below the record high of ₹1,80,779 per 10 gm. Likewise, the COMEX silver price finished at $77.964/oz, logging an intraday gain of over 3%. The MCX silver rate ended at ₹2,44,999 per kg, around ₹1,75,00...

Friday saw a 1% decline in the key indices, the Sensex and Nifty, due to ongoing selling in IT stocks. Investor sentiment was also damaged by weak global cues. Around 9:45 a.m., the broader Nifty fell to 25,546.40, down 260.80 points, or 1.01 percent, while the Sensex was down 844.58 points, or 1.01 percent, at 82,830.34. The main causes of the market fall 1) Sharp selling in IT stocks: On February 13, the IT index dropped a staggering 5% for the third consecutive session due to growing concerns that AI-driven automation might upend the labor-intensive business model of Indian IT. On February 12, it fell 5.5%. 2) Weak global cues: As worries about AI's ability to upend business paradigms grew, major tech names saw a steep decline. As investors reevaluated their expectations for profits, software, real estate, and logistics sectors were under intense selling pressure, and the Nasdaq fell 2.03%. 3) Growth in India Vix: Indicating elevated risks, the volatility index also increased ...

  2 Carat Gold Rate in Srinagar (Today & Yesterday) Gram Today Yesterday Price Change 1 gram ₹ 14,575 ₹ 14,660 ₹ 85▼ 8 grams ₹ 1,16,600 ₹ 1,17,280 ₹ 680▼ 10 grams ₹ 1,45,750 ₹ 1,46,600 ₹ 850▼ 24 Carat Gold Rate in Srinagar (Today & Yesterday) Gram Today Yesterday Price Change 1 gram ₹ 15,304 ₹ 15,393 ₹ 89▼ 8 grams ₹ 1,22,432 ₹ 1,23,144 ₹ 712▼ 10 grams ₹ 1,53,040 ₹ 1,53,930 ₹ 890▼     

22 Carat Gold Rate in Jammu And Kashmir (Today & Yesterday) Gram Today Yesterday Price Change 1 gram ₹ 14,660 ₹ 14,455 ₹ 205▲ 8 grams ₹ 1,17,280 ₹ 1,15,640 ₹ 1,640▲ 10 grams ₹ 1,46,600 ₹ 1,44,550 ₹ 2,050▲ 24 Carat Gold Rate in Jammu And Kashmir (Today & Yesterday) Gram Today Yesterday Price Change 1 gram ₹ 15,393 ₹ 15,178 ₹ 215▲ 8 grams ₹ 1,23,144 ₹ 1,21,424 ₹ 1,720▲ 10 grams ₹ 1,53,930 ₹ 1,51,780 ₹ 2,150▲ Current prices for gold and silver REAL-time updates: Monday saw a slight increase in precious metal prices as markets stabilized following last week's dramatic fluctuations. After witnessing extraordinary volatility that saw gold reach record highs of $5,595 and plummet to lows of $4,402, and silver swing between $121 and $64, gold was trading around $5,000, while silver was trading around $80. Silver and gold make significant session gains. By 0037 GMT, spot gold had increased 1.4% to $5,029.09 an ounce after rising nearly 4% on Friday. At $5,0...