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Friday, April 3, 2026
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India IPO pipeline at risk as market downturn delays listings & approvals near expiry

Companies increasingly opting to hold back listings are adding to the signs of weakness in IPO market after two record years for proceeds.

China drains liquidity for first time in a year as rising oil prices weigh on economy

The People’s Bank of China drained a total of 890 billion yuan ($129 billion) worth of liquidity via short-term open market operations in March.

Trump’s mixed signals on Iran war— says conflict nearing end but warns of hitting power plants

What the president has intuited but can’t admit is that America, and by extension Trump, has suffered defeat. Not on the battlefield, but on the bigger map of strategy.

Why Iran hit UAE hardest & how tiny Gulf power is fighting back | Cut the Clutter

This is the transcript of 'Cut The Clutter' Episode 1817, explaining how the UAE has been not just a collateral, but a primary target of Iran in the war in West Asia.

Asian nations jockey for leverage to re-open Strait of Hormuz

Governments from India to Philippines are negotiating with Iran for the safe passage of vessels, while forming small circles to seek a diplomatic solution and even bartering deals.

Trump’s mixed signals on war—says ‘job nearly done’ while threatening to push Iran back to ‘stone age’

US president in address to nation says ‘core objectives’ of war ‘nearing completion’, calls on other countries to help open Strait of Hormuz as US ‘imports almost no oil through it’.

Pakistan, Gulf states complicit in US strikes on Iran, says Mohammad Marandi, academic close to Tehran

Mohammad Marandi, who has accompanied Iranian nuclear negotiating teams in the past, says time for talks has not come—it will arrive only once US is seen to have been defeated.

Trump threatens to pull US out of NATO as western allies refuse to back Hormuz coalition

Trump said Ukraine was not Washington’s problem but the US has stepped in automatically. ‘I was never swayed by NATO. I always knew they were paper tiger’. 

US orders embassies to fight propaganda & ‘tell America’s story’, tapping military’s psy ops unit & X

According to report in The Guardian, cable signed by Marco Rubio directs missions to leverage Elon Musk's platform to counter disinfo from Tehran, Beijing & Moscow.

UK nuclear sub captain steps down after link to MP whose husband was arrested in China spy case—FT report

Investigators found that the captain and MP Joani Reid exchanged ‘flirtatious messages’. The probe was necessary from a due diligence perspective, they said.

On Camera

3 things Indian military must keep out of its reforms agenda

Over the next few years, there will be several unknown unknowns at all levels in the Indian Armed Forces, which could cause a high degree of churn.

Tanker with 600,000 barrels of Iranian crude shifts course from India to China midway

The shipment earlier bound for Gujarat’s Vadinar has changed course amid payment concerns; could still reach India if issues are resolved, according to Kpler.

India commissions its third nuclear-powered ballistic missile submarine—INS Aridhaman

INS Arihant was first vessel under SSBN project and was quietly commissioned in 2016. The second indigenous SSBN, INS Arighat, was commissioned in August 2024.

Gulf war exposed India’s fragilities. It’s time for navel-gazing, in the national interest

It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.