International News
Bulgarian President asks coalition to form govt
Bulgarian President Rumen Radev asked the We Continue the Change-Democratic Bulgaria (PP-DB) coalition, the country’s second largest force in Parliament, to form a government.
Radev handed the exploratory mandate to Nikolai Denkov, the PP-DB’s nominee for Prime Minister, reports Xinhua news agency.
“In the coming days, we will be negotiating with the other parliamentary forces in order to be able to form a regular government,” said Denkov, whose coalition holds 64 seats in the 240-member Parliament.
“I hope this sincere effort of ours will be supported,” Denkov said.
Denkov has seven days to propose a government, which will then need the backing of parliament in a simple majority vote.
Radev first entrusted on May 15 the task of forming a new government to the GERB-UDF coalition, the country’s largest political force, which holds 69 seats, but it failed to secure a parliamentary majority.
Should the PP-DB also fail to form a government, the president shall entrust the task to one of the four minor parliamentary groups.
If no agreements can be reached, the President will call new parliamentary elections.
International News
Iran, US agree on ceasefire on all fronts, lifting of naval blockade: Iranian deputy FM

Tehran, June 15: The US naval blockade against Iran will be lifted as of tonight and the immediate and permanent end of the war and military operations on all fronts, including Lebanon, is announced, Iranian Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi said early Monday.
Gharibabadi said Iran and the United States will sign the finalised draft of a peace memorandum of understanding (MoU) in Switzerland on June 19, Xinhua news agency reported quoting Iran’s semi-official Tasnim news agency.
Tasnim also cited a source as saying that the Strait of Hormuz will reopen following the signing ceremony in Switzerland.
Meanwhile, Iran’s state-run IRIB TV, also citing Gharibabadi, said Iran’s entry into a 60-day period of negotiations with the United States on its nuclear program and the removal of sanctions will hinge on the US fulfillment of its preliminary commitments, which will be verified by Tehran from now until the signing ceremony.
Earlier in the day, Pakistani Prime Minister Shehbaz Sharif announced on social media platform X that the United States and Iran had reached a peace agreement following intensive negotiations.
Sharif said that both sides had declared the “immediate and permanent termination of military operations on all fronts, including in Lebanon,” and that mediators will facilitate a series of meetings this week aimed at preparing for the implementation of the agreement.
Minutes later, US President Donald Trump wrote on his Truth Social that the US-Iran peace deal “is now complete” and he had authorised the toll-free opening of the Strait of Hormuz and the immediate removal of the US naval blockade against Iranian ports.
However, Israel’s Ma’ariv news site, citing Israel sources, reported early Monday that in a phone call between Israeli Prime Minister Benjamin Netanyahu and Trump, Netanyahu made it clear that Israel “does not consider itself committed to the Lebanese clause in the US-Iran agreement.”
The reaching of the MoU came as somewhat of a surprise, as Iran’s Supreme National Security Council (SNSC) warned Sunday evening of an imminent response to an earlier Israeli strike on Lebanon’s capital Beirut.
“Lebanon is our lifeblood, and any violation of Iran’s red lines will not be tolerated,” Mohammad Bagher Zolghadr, secretary of the SNSC, was quoted by IRIB TV as saying.
Business
India now acts as a solution contributor rather than a solution consumer: PM Modi

Nice/New Delhi, June 14: India has transformed from being a consumer of global solutions to a contributor of solutions for the world, Prime Minister Narendra Modi said on Sunday.
Speaking after inaugurating the ‘Bharat Innovates 2026’ event in Nice, France, PM Modi said India’s innovation ecosystem is rapidly expanding and increasingly playing a role in addressing global challenges through technology and entrepreneurship.
“India now acts as a solution contributor rather than a solution consumer,” the Prime Minister said.
The Prime Minister further stated that India is innovating at both speed and scale, with a focus on creating sustainable solutions that benefit not only its own citizens but also the global community.
“Bharat innovates with speed and scale. Bharat innovates for a sustainable future. Bharat innovates for the whole world,” PM Modi said while addressing the innovation-focused event, jointly inaugurated with French President Emmanuel Macron.
Emphasising India’s approach towards technological development, the Prime Minister said the country’s priority is “technology for humanity” and human-centric innovation.
He added that innovation is deeply embedded in India’s culture and way of thinking. “Innovation is in India’s DNA,” Prime Minister Modi explained.
The Prime Minister also praised the growing partnership between India and France, describing it as a relationship rooted in shared values, mutual trust and common interests.
He noted that cooperation between the two countries spans a wide range of sectors, from security and strategic affairs to sustainability and innovation.
“India-France partnership covers security to sustainability,” PM Modi said.
Macron, who shared the stage with PM Modi at the event, described the Prime Minister’s presence at ‘Bharat Innovates’ as a matter of great honour for France.
He also congratulated PM Modi on completing 12 years as India’s leader and praised his role in strengthening ties between the two countries.
The ‘Bharat Innovates’ event has brought together leading startups, venture capital funds, innovators and technology leaders from India, France and several other countries.
International News
Indian Embassy reports incident involving Indian vessel ‘Virat 1’ off Oman coast

Muscat, June 14: The Indian Embassy in Oman said on Sunday that it has learnt of an incident involving the Indian Flagged Mechanised Sailing Vessel ‘Virat 1’ off the coast of Oman. The vessel is reported to have 14 Indian crew on board.
The Embassy stated that search and rescue efforts are being coordinated with the Omani authorities and vessels in the vicinity of the incident.
In a statement on X, the Indian Embassy in Oman stated, “The Mission has learnt of an incident involving an Indian Flagged Mechanised Sailing Vessel Virat 1, off the coast of Oman, reportedly embarked with 14 Indian crew. Search and Rescue is being coordinated with the Omani authorities and vessels in vicinity of the incident.”
Earlier on Friday, the Ministry of External Affairs (MEA) summoned US Charge d’Affaires Jason Meeks to lodge India’s strong protest against the continuing attacks by US naval forces on commercial vessels carrying Indian seafarers in the Gulf of Oman, stressing that Washington’s actions are “unacceptable and undermine the safety, security and stability of international maritime commerce” in a sensitive region.
“A strong protest was lodged with him regarding the continuing attacks by US naval forces on commercial vessels carrying Indian mariners in the Gulf of Oman, which have already resulted in the tragic and avoidable loss of three Indian lives,” the MEA said in a statement.
“The Ministry once again conveyed its deep concern over the use of lethal and deadly force against civilian shipping. Such actions are unacceptable and undermine the safety, security and stability of international maritime commerce in a sensitive region at a difficult time,” it added.
The MEA stated that the US Charge d’Affaires was requested to convey India’s strong concerns to US authorities and ensure that US forces operating in the region take all necessary measures to stop the loss of civilian life.
This marked the second time that the US official has been summoned by the MEA in recent days over the attacks on commercial vessels in the Gulf of Oman. Earlier on Wednesday, India had summoned the US Charge d’Affaires to lodge a “strong protest” over recent attacks on commercial vessels off the coast of Oman, including the commercial ship ‘Settebello’, where three Indian seafarers were killed.
On Thursday, the Indian Embassy in Muscat said that all 20 Indian crew members on board ‘MT Jalveer’ were rescued with the support of Omani authorities.
During the inter-ministerial briefing on recent developments in West Asia on Thursday, Additional Secretary, Ministry of Ports, Shipping and Waterways, Mukesh Mangal said that all 20 Indian seafarers on board ‘MT Jalveer’ are safe after the vessel came under attack off the Shinas port in Oman.
On Wednesday, an attack was reported on a commercial vessel, ‘Settebello’, off the coast of Oman. Of the 24 Indian crew members onboard the vessel, 21 were rescued while three others were killed.
The first incident involved ‘MT Marivex’ on June 8, when a fire erupted aboard the vessel carrying 24 Indian seafarers south of the Strait of Hormuz.
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