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Modi meets Myanmar’s military-backed president as India says engagement will continue

NEW DELHI, June 2, 2026 (AP) — India said it will continue engaging with Myanmar after Prime Minister Narendra Modi held talks Monday with the leader of the country’s military-backed government, despite Western sanctions imposed after the military seized power in 2021. Indian Foreign Secretary Vikram Misri told reporters in New Delhi that India’s policy is “not intended to be a commentary on the internal political arrangements” in Myanmar and that New Delhi believes engagement is the best way forward. Western nations have sought to isolate Myanmar’s military rulers since they ousted the elected government of Aung San Suu Kyi

Stock markets decline in early trade as US–Iran negotiations face repeated setbacks

Mumbai, Jun 2 (PTI) Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday as investors remained concerned over the US–Iran situation, with diplomatic efforts to resolve the crisis encountering repeated setbacks. Persistent foreign fund outflows also hit markets’ sentiment. The 30-share BSE Sensex declined 296.19 points to 73,971.30 in early deals. The 50-share NSE Nifty dropped 103.30 points to 23,272.25. From the 30-Sensex firms, Bajaj Finance, Eternal, Bajaj Finserv, Power Grid, Larsen & Toubro and NTPC were among the biggest laggards. Infosys, Tata Consultancy Services, Tech Mahindra, HCL Tech, Asian Paints and Mahindra & Mahindra were the

Rupee rises 16 paise to 95.03 against US dollar in early trade

Mumbai, Jun 2 (PTI) The rupee appreciated 16 paise to 95.03 against US dollar in early trade on Tuesday, as the market weighed India’s strong domestic fundamentals against ongoing geopolitical uncertainty. Forex traders said the USD/INR pair opened on a positive note this morning on a slight risk off sentiment. However, the uncertainty surrounding West Asia continues to cast a shadow over financial markets and energy prices. At the interbank foreign exchange market, the rupee opened at 95.16 against the US dollar, then touched 95.03 in early trade, up 16 paise from its previous close. On Monday, the rupee depreciated

Trump says Israel and Hezbollah have agreed to dial back fighting

WASHINGTON, June 2, 2026 (AP) — U.S. President Donald Trump said Monday that Israel and Hezbollah have agreed to dial back fighting after he talked with Israeli Prime Minister Benjamin Netanyahu and communicated with the Lebanese militant group through mediators. Trump announced the development in a social media post following a call with Netanyahu. Israeli forces recently made their deepest incursion into Lebanon in more than a quarter century. Trump said there would be no Israeli troops “going to Beirut” and that those on their way “have already been turned back.” He said Hezbollah had “agreed that all shooting will

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