The Economic Times

Iran Israel war live latest updates report rocket fire on Jerusalem, strikes in Tehran, IRGC headquarters destruction claims, oil tankers hit in the Strait of Hormuz, UAE embassy closure, flight suspensions, stock market shutdowns, and global oil price surge fears amid widening regional conflict.

US-Iran war connection to Austin-Texas Mass Shooting: Officers in Austin shot and killed the gunman, who used both a pistol and a rifle to carry out the attack, police said.

Protests erupted across India, particularly among the Shia Muslim community, following the killing of Iran's Supreme Leader Ayatollah Ali Khamenei. Demonstrations were held in Srinagar, Kargil, Ladakh, Delhi, and various cities in Uttar Pradesh, with participants condemning the assassination and chanting slogans against Israel and the US.

US-Iran war: Iran launched retaliatory missiles and drones targeting Israel and nearby Arab Gulf countries hosting U.S. forces. Three U.S. service members have been killed, according to U.S. Central Command.

Sanju Samson's unbeaten 97 guided India to a five-wicket victory, keeping them alive in the T20 World Cup. Despite early wickets and pressure, Samson's composed innings, characterized by smart strokeplay and patience, ensured India chased down a challenging 196. His match-winning knock erased doubts about his place in the team.

The government has convened an urgent meeting with exporters, logistics players and key ministries to assess the impact of escalating West Asia tensions on Indias trade.

The Emirates have been hit by Iranian strikes since Saturday in response to the joint Israeli-US attacks.

Geopolitical tensions in the Middle East are raising concerns about energy costs for Indian companies. While overall energy expenses are low, sectors like cement, glass, and transportation face higher risks. These industries could see profit margins squeezed if global energy prices surge. The situation is being closely watched as it may affect current cost trends.

A new era of warfare is unfolding: real-time intelligence, precision weapons, and rapid decision cycles determine outcomes. Nations clinging to old tech risk costly stalemates as conflicts grow more complex. Leading powers deploy next-generation tools to accelerate operations, underscoring the need to modernize defense capabilities for tomorrows challenges.

Several public charitable trusts have challenged the Income Tax Departments insistence that trust deeds must explicitly state they are irrevocable to retain tax-exempt status. Trusts and professional bodies argue that the law does not require such a clause and that public trusts are inherently irrevocable unless expressly stated otherwise. The matter is now before the Bombay High Court, with concerns that denial of registration renewals could jeopardise longstanding charitable institutions.

Indian companies face growing cyber threats. Hackers are targeting critical infrastructure like power grids and banks. Similar attacks occurred during Operation Sindoor. Experts warn of increased risks to government services and essential networks. This follows heightened cyber activity in the Gulf region. India must prepare for potential compromises.

India's External Affairs Minister S. Jaishankar conducted urgent telephone discussions with West Asian leaders after the US-Israel operation against Iran and the subsequent retaliatory strikes. He spoke with Iran, Israel, Saudi Arabia, Kuwait, Bahrain, Qatar, and the UAE.

The assassination of the highest political authority of the Islamic Republic of Iran and a prominent leader of Shiism worldwide... is perceived as an open declaration of war against Muslims, and particularly against Shiites, everywhere in the world, Pezeshkian said

As Iran grapples with the death of its supreme leader, India tracks the shifting balance of power. Mojtaba Khamenei is seen as a potential heir, but a smooth transfer is not guaranteed and could trigger domestic upheaval among system supporters. A disruption in Iran's stability could ripple into India's interests, even as Chabahar Port remains unaffected by the strikes.

India secured a spot in the 2025 ICC T20 World Cup semifinals. Sanju Samson played a key role with all important 97 runs. India defeated West Indies in a crucial match. The team now faces England in the next semifinal. Earlier, South Africa also advanced to the semifinals.

Vijay-Sangeetha Love Story: Speculation is rife as Tamil superstar Vijay and his wife Sangeetha Sornalingam have reportedly approached the District Court in Chengalpattu for divorce. This news has reignited interest in their decades-long relationship. Vijay had previously spoken fondly of their first meeting on the sets of Love Today and Sangeetha's understanding nature. His family also praised her as a devoted homemaker.

Following the publication of West Bengal's revised electoral rolls, the BJP has launched a political offensive, claiming over 50 lakh infiltrators were removed and making it a central plank. The party's 'Poriborton Yatra' aims to revive momentum and sharpen anti-incumbency against the TMC ahead of the 2026 Assembly polls.

An oil tanker carrying 15 Indian sailors was attacked by the Iranian military near Oman. Four crew members were injured in the incident. The entire crew has been safely evacuated. This attack follows retaliatory actions by Iran after alleged US-Israel strikes. India has expressed deep concern and urged restraint from all parties involved.

US sinks Iranian warship and claims Tehran missiles did not even touch USS Abraham Lincoln during Operation Epic Fury. United States Central Command said a Jamaran-class corvette was struck and is sinking at Chah Bahar pier. Three US service members were killed and five were seriously wounded.

US forces report three service members killed and five wounded during Operation Epic Fury against Iran. Major combat operations continue. The US military states the aircraft carrier USS Abraham Lincoln was not hit by Iranian missiles. Attacks are ongoing as the US aims to degrade Iran's military capacity.

Iran claimed to have struck the United States' aircraft carrier USS Abraham Lincoln with ballistic missiles in the Gulf.

Iran's strikes across the Gulf have caused major business disruption. Airports and ports are closed. Financial markets are shaken. Dubai and Abu Dhabi experienced loud bangs. This escalation impacts the UAE's modern identity. Stock markets fell sharply. Companies are cancelling events. Travel advisories have been issued. Remote working is advised for many.

What is Beit Shemesh, and how many Israelis have got killed in Iranian missile attack? Nine people died and over 20 were injured after an Iranian missile struck Beit Shemesh, west of Jerusalem, destroying multiple apartment buildings. Rescue teams continue to operate at the scene.

Gold rate prediction: Gold price on Monday will be tested due to geopolitical complex situation arose due to US-Israel war against Iran.

Indian opposition parties have strongly condemned the killing of Iran's Supreme Leader Ayatollah Ali Khamenei. They criticized the US-Israel strikes as despicable and immoral. Leaders also questioned India's foreign policy and its response to the conflict. Concerns were raised about the safety of Indian citizens in the region and the potential impact on India's strategic interests.

Iran Israel war latest news: A red flag of revenge was raised at Iran's Jamkaran Mosque following reports of Supreme Leader Ali Khamenei's death, intensifying regional tensions. Mass mourning and protests erupted across Iran, Iraq, India, and Pakistan, with some demonstrations in Pakistan reportedly turning violent.

Pezeshkian is one of three officials on the council. The other two are Gholam Hossein Mohseni Ejehei, head of the judiciary, and Ayatollah Ali Reza Arafi.

Union Home Minister Amit Shah praised Prime Minister Narendra Modi for honoring Sikh Gurus. He spoke at an event marking the 350th martyrdom anniversary of Sri Guru Teg Bahadur Sahib. Shah emphasized the Guru's sacrifice protected Hindu and Sikh faiths from Mughal atrocities. He also expressed concern over religious conversions in Punjab.

What is Strait of Hormuz and will Iran close it now? The US-Israeli war on Iran has raised fears of a Strait of Hormuz closure. Around 20% of global oil and gas passes through this route. Any block could disrupt oil supply, raise oil prices, and impact global markets.

S&P 500, Nasdaq, Dow Jones at U.S. Stock Market are set to have a crucial Monday test amidst multiple important factors.

Why did Iran attack Cyprus, and is Middle East region still safe? Iran fired missiles toward Cyprus after US-Israel strikes killed Ayatollah Ali Khamenei. UK bases in Cyprus and Bahrain faced threats. Britain deployed jets for defence. Gulf states intercepted drones and missiles across the region.

Over 150 tankers are anchored in Gulf waters. This follows U.S. and Israeli strikes on Iran. The region is in turmoil. Shipments through the Strait of Hormuz have been suspended. This chokepoint is vital for global oil and LNG. Many vessels are stationary in exclusive economic zones. Mariners should expect increased naval presence and market volatility.

Austin Police Chief Lisa Davis said at a press conference early Sunday that police received a call for reports of a male shooting at Buford's, a popular beer garden in the city's entertainment district.

BYD February Sales: BYD, a leading Chinese electric vehicle maker, experienced its steepest sales decline in six years last month. This downturn reflects intense competition within China's auto market. While overseas sales show growth, domestic sales have significantly dropped. BYD is implementing new financing plans and preparing for tech innovations to counter these challenges.

Rashmika-Vijay wedding reception date: Rashmika Mandanna and Vijay Deverakonda are hosting their grand wedding reception in Hyderabad on 4 March. The newlyweds met Revanth Reddy to extend an invitation. Earlier, they visited a temple for blessings. The couple also distributed sweets nationwide and conducted Annadanam at temples. Their wedding ceremony took place in Udaipur on 26 February.

Who are Ayatollah Alireza Arafi and Ahmad Vahidi? This explainer covers Iran Israel War Live Updates, the reported appointment of Ahmad Vahidi as IRGC chief after Gen Mohammad Pakpours death, and the rise of Ayatollah Alireza Arafi as Irans interim Supreme Leader.

Indian refiners currently hold sufficient crude inventories to meet at least 10 days of requirements, with fuel stocks covering another 5-7 days, cushioning the impact of any short-duration disruption.

Iran Supreme Leader: Ayatollah Alireza Arafi has been chosen as interim successor to deceased Ali Khamenei.

Iran's embassy in Jakarta has welcomed Indonesia's offer to mediate between Washington and Tehran. This comes after recent US and Israeli strikes against Iran. President Prabowo Subianto is willing to travel to Tehran for mediation if both sides agree. Iran's embassy also urged Indonesian officials to condemn the aggression by the United States and Israel.

Fresh explosions rocked Dubai, Abu Dhabi, Doha, and Manama on Sunday. Iran's retaliatory campaign entered its second day. Residents and journalists reported hearing multiple blasts and loud bangs across the Gulf cities. Sirens were heard in Manama following an explosion. A journalist in Doha also reported a faint blast.

Latest OTT releases this week (March 1-7) are headlined by Anil Kapoors action-drama Subedaar on Prime Video and Guy Ritchies Young Sherlock. From Leonardo DiCaprios award-winning One Battle After Another on JioHotstar to Jisoos K-drama Boyfriend on Demand, here is your ultimate weekend binge guide.

Flight ticket scam: An elderly Indian-origin couple lost over 2,500 to an online flight booking scam after being tricked via WhatsApp. They were left stranded at Heathrow Airport when their supposedly booked tickets were revealed as fake. The couple urges vigilance, highlighting the increasing sophistication of fraudsters targeting older individuals.