Global markets
At UK Hormuz meet, India reminds world: We're only nation to lose mariners in Strait - India Today
This story details India's strong statement at a UK-organised meeting concerning the Strait of Hormuz. India pointed out its unique position as the sole nation to have tragically lost mariners in this vital waterway. This highlights India's significant stake in maritime security and the steady flow of global trade, particularly for its energy imports and exports. The event underscores India's growing assertiveness on international security forums and its commitment to regional diplomacy for ensuring safe passage through critical shipping lanes. The focus on safeguarding these global routes is crucial for India's economic stability and its role in international commerce, especially within the context of West Asia's geopolitical dynamics.
More in Global markets

Global markets
JCR Upgrades India's Sovereign Rating to A- on Growth & Financial stability
- Japan's JCR upgrades India to A- from BBB+, citing sustained growth of around 7%
- India's banking system further strengthened as gross non-performing loans fell to 1.8%
- Fiscal deficit narrowed to 4.4% of GDP in FY26 while capital spending stayed high

Global markets
Global Bond Yields Surge as Oil and Inflation Fears Hit Japan, UK and US
- Global bond yields rose as higher oil prices revived inflation and rate-hike fears
- Japan's 10-year bond yield hit 3% for the first time since 1996 amid fiscal concerns
- U.S. Treasury and UK gilt yields rose as investors reassessed inflation and debt risks