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Trump extends pause on striking Iran’s energy plants to April 6

March 27, 2026
Politics

DUBAI/TEL AVIV/WASHINGTON, March 27 (Reuters) – U.S. President Donald Trump said he will extend a pause on attacks against Iran’s energy plants into April and that talks with Iran were going “very well,” but an Iranian official said a U.S. proposal for ending the war ​as “one-sided and unfair.” The four-week war has spread across the Middle East killing thousands of people and hit the global economy with soaring energy prices, fuelling global inflation ‌fears. The United States and Israel launched strikes on Iran on February 28 after talks about Tehran’s nuclear program failed to yield a deal. On Thursday,

US Treasury plans to put Trump’s signature on new paper currency in first for sitting president

March 27, 2026
Politics

WASHINGTON, March 27, 2026 (AP) — The U.S. Treasury Department plans to put President Donald Trump’s signature on all new U.S. paper currency, the agency announced on Thursday. The move would be a first for a sitting president, since traditionally, U.S. paper currency carries the signatures of the Treasury Secretary and the Treasurer, not the president. It’s the latest instance of Trump putting his name and likeness on American cultural institutions, following his renaming of the U.S. Institute of Peace, the Kennedy Center performing arts venue and a new class of battleships, among other tributes. And the plans come in

India cuts special additional excise duties on petrol, diesel

March 27, 2026
Finance

NEW DELHI, March 27 (Reuters) – India slashed its special excise duties on petrol and diesel, as fuel ​prices stay volatile with supplies choked by the Iran ‌war. In a government order on Thursday, India’s finance ministry reduced the special excise duty on petrol to 3 rupees ($0.0318) per litre from 13 rupees earlier. It ​also cut the duty on diesel to zero from 10 ​rupees. The U.S.-Israeli war with Iran has led to a near-closure of ⁠the Strait of Hormuz, which serves as a conduit for ​40% of crude oil imports, hurting shipping and gas supplies. The ministry did

Reserve Bank of India to hold interest rates until at least mid-2027: Reuters poll

March 27, 2026
Finance

BENGALURU, March 27 (Reuters) – The Reserve Bank of India will hold its key interest rate unchanged at 5.25% on April 8 and at least until mid-2027, ​a Reuters poll of economists showed, as benign price pressures give it ‌space to assess the impact from the Middle East conflict. Inflation has stayed below the RBI’s medium-term target of 4% for a year and economic growth remains strong but the U.S.-Israel war with Iran has blocked ​a key transport corridor and threatens price stability for the world’s third-largest oil importer. Still, ​all but two of 71 economists in the March 23-26

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