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Business News Today: Latest Business News, Finance News

Markets’ dilemma: Trust the bark or wag of oil prices The sector call illusion Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? Who Am I? April 12, 2026 Index Outlook: Rising From Dire Straits US Market Outlook: Gaining Strength Bullion Cues: Gold And Silver Futures Face Barrier F&O Tracker: Tentative Shift In Trend F&O Strategy: Buy L&T Put Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy Central Railway to run four special local trains for Ambedkar Jayanti West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months Nifty and Bank Nifty Prediction for the week 13 Apr’26 to 17 Apr’26 by BL GURU Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports
Pentagon chief says US ready to restart strikes on Iran i...
By Reuters · 2026-05-30 · via Business News Today: Latest Business News, Finance News
US Secretary of Defense Pete Hegseth

US Secretary of Defense Pete Hegseth | Photo Credit: Edgar Su

The US is ready to restart attacks on Iran if a ​deal cannot be reached, Defense Secretary Pete Hegseth said ‌on Saturday, as negotiators from Washington and ​Tehran worked to bridge major ⁠differences blocking an agreement.

“Our ability to recommence if necessary...we are more than capable,” Hegseth said in Singapore.

“Our stockpiles ‌are more than suited for that, both there and around the globe, so ‌we’re in a very good place,” ‌he ⁠added.

Hegseth, speaking at the Shangri-La Dialogue, ⁠Asia’s premier forum for defence leaders, militaries and diplomats, said the US has not turned its back on the ​Asia-Pacific region despite being ‌engaged in conflict with Iran.

“We can do two things at one time. We’re super-charging our defence industrial base so that we’re ‌building 2X, 3X, 4X the munitions very ​soon to ensure that all of our (operations) plans are properly funded throughout the ⁠world,” he said.

The Pentagon chief said President Donald Trump was “patient” and wants to make a “great ‌deal” that ensures Iran does not get a nuclear weapon.

On Friday, Trump said he would meet in a secure White House room to make a “final determination” on a proposal to end the Iran war, which would ‌extend an early-April truce for another 60 days, giving negotiators ​time to forge a permanent end to the conflict.

The war launched by the ⁠US and Israel on February 28 has killed ⁠thousands of people, mainly in Iran and Lebanon, and caused global economic pain ‌by pushing up energy prices due to Iran’s effective closure of the Strait of ​Hormuz.

Published on May 30, 2026