International News
India bans all imports from Pakistan amid rising tensions
New Delhi, May 3: India has banned all imports – direct and indirect – from Pakistan amid rising tensions with the neighbouring country over the barbaric Pahalgam terror attack.
According to a notification by the Commerce Ministry, “Direct or indirect import or transit of all goods originating in or exported from Pakistan, whether or not freely importable or otherwise permitted, shall be prohibited with immediate effect, until further orders.”
“This restriction is imposed in the interest of national security and public policy. Any exception to this prohibition shall require prior approval of the Government of India,” said the notification.
A provision in this regard has been added in the Foreign Trade Policy (FTP) 2023 “to prohibit direct or indirect import or transit of all goods originating in or exported from Pakistan,” it said in the notification dated May 2.
As per official data, India’s exports to Pakistan fell 56.91 per cent year-on-year between April 2024 and February 2025 to $491 million, while there were no imports. Top exports to Pakistan in FY25 included drug formulations, sugar, bulk drugs, residual chemicals and auto components.
The Attari-Wagah border, the sole trade route between India and Pakistan, had already been closed in the aftermath of the Pahalgam attack.
At least 26 civilians, including a Nepalese tourist and a local pony guide operator, were massacred by terrorists in the scenic Baisaran meadow in Jammu and Kashmir on April 22. The relations between the two nations soured as terror links to Pakistan emerged.
As per official data, India’s exports to Pakistan fell 56.91 per cent year-on-year between April 2024 and February 2025 to $491 million, while there were no imports.
Top exports to Pakistan in FY25 included drug formulations, sugar, bulk drugs, residual chemicals and auto components.
Meanwhile, the ongoing tension with India has shaken the confidence of investors in Pakistan badly, setting the country on course to record its worst performance in dollar bonds and stocks since 2023.
The investors have lost at least four per cent during April, while equities are down by three per cent. In comparison, India’s assets have largely been invulnerable.
Global powers, including the United States, have called on both parties to show restraint and de-escalate tensions.
International News
Tehran ready to pursue diplomacy to end war if rights safeguarded: Iran’s president

Tehran, May 7: Iran’s President Masoud Pezeshkian has said the country is ready to pursue diplomatic paths to end the war with the United States and Israel, while insisting on safeguarding the Iranian nation’s rights.
In a call with French President Emmanuel Macron on Wednesday (local time), Pezeshkian expressed deep distrust of the United States, citing recent hostile actions, including two attacks on Iran during bilateral talks, which he described as “stabbing Iran in the back,” according to a statement published on the website of his office.
The phone conversation came as Axios reported earlier in the day that the United States and Iran are closing in on a one-page memo to end their war, reports Xinhua news agency.
It said a potential deal would involve Iran committing to a moratorium on nuclear enrichment, and the United States agreeing to lift sanctions, with both sides lifting restrictions on transit through the Strait of Hormuz.
Iran, the United States and Israel reached the ceasefire on April 8 after 40 days of fighting that started with the US and Israeli attacks on Feb. 28.
Following the truce, Iran and the United States held one round of peace talks in Pakistan’s capital, Islamabad, on April 11 and 12, which failed to lead to an agreement.
Over the past weeks, the two sides have exchanged a number of proposed plans to end the war, with the latest one currently being reviewed by Iran.
Additionally, Iran has said it has not exchanged any new written messages with the United States, pushing back against reports that the two sides are close to a one-page agreement to end hostilities.
The semi-official Fars news agency called recent media reports “fabricated,” saying they were designed to influence global markets and drive down oil prices rather than reflect the situation on the ground.
Fars, citing two unnamed sources, said Iran has not yet responded to the latest US message, which was delivered through Pakistan. Iranian Foreign Ministry spokesman Esmaeil Baghaei said Tehran is still reviewing the US proposal and will respond after completing its assessment, according to the Iranian Students’ News Agency.
International News
Iran’s president says Tehran ready for dialogue within international law framework

Tehran, May 6: Iranian President Masoud Pezeshkian held a phone call with Iraqi Prime Minister-Designate Ali al-Zaidi, during which Pezeshkian said Iran is ready for dialogue within the framework of international law, but will not acquiesce to force.
Pezeshkian said that “our problem is that on the one hand, the United States is pursuing a policy of maximum pressure against our country, and on the other hand, it expects Iran to come to the negotiating table and ultimately surrender to its unilateral demands … such an equation is impossible,” read a statement published by Pezeshkian’s office on Tuesday (Local time).
He noted that Iran fundamentally does not consider war and insecurity to be favourable options, reports Xinhua news agency.
Pezeshkian stressed that Iran must not deprive itself of nuclear technology, saying the United States speaks in a way as if Iran must not have a nuclear industry, and imposes extra pressure on the country by putting forward excessive demands.
He added that in all previous negotiations, Iran was fully ready to provide, within the framework of international regulations and global monitoring, whatever was deemed necessary under international norms to ensure the peaceful nature of its nuclear activities.
Al-Zaidi, for his part, voiced Iraq’s readiness to mediate between Iran and the United States to contain regional crises, read a statement from Al-Zaidi’s media office.
According to the Iraqi statement, the two sides also agreed to exchange official visits in the coming period to strengthen bilateral ties.
On February 28, Israel and the United States launched joint attacks on Tehran and other Iranian cities, killing Iran’s then Supreme Leader Ali Khamenei, senior commanders and civilians. Iran responded with waves of missile and drone strikes targeting Israel and U.S. bases and assets in the Middle East.
A ceasefire was reached between the warring sides on April 8, followed by peace talks in Pakistan’s Islamabad on April 11 and 12, which ended without an agreement.
International News
Five civilians killed in US attacks on cargo boats: Iranian media

Tehran, May 5: Five civilians were killed in US attacks on cargo boats, Iran’s semi-official Tasnim news agency reported on Tuesday.
Following the claim by the US military that it had targeted six Iranian speedboats, and given that none of Iran’s combat vessels was hit, local sources were consulted to verify the nature of the incident, according to Xinhua, which quoted the report.
It was determined that US forces had attacked two small civilian cargo boats, which were travelling from Khasab along the Omani coast toward Iran, killing five civilian passengers onboard, it said.
Brad Cooper, chief of US Central Command, said on Monday that the US military had sunk six Iranian small boats in the Strait of Hormuz.
The Iranian boats were struck by US Apache and MH-60 Seahawk helicopters, Cooper told a news conference.
Meanwhile, two US Navy destroyers have passed through the Strait of Hormuz and entered the Gulf after navigating an Iranian barrage, US media outlet CBS News reported.
The USS Truxtun and USS Mason, supported by Apache helicopters and other aircraft, faced a series of coordinated threats during the passage, said the report, citing Pentagon officials, who spoke under condition of anonymity, on Monday night (local time).
No US warship was struck, though Iran launched small boats, missiles and drones against them as a sustained barrage, the officials were quoted as saying.
None of the projectiles launched by Iran reached the US vessels, they said, adding that the US military’s assisting efforts, bolstered by air support, successfully intercepted or deterred each incoming threat, reports Xinhua news agency.
US President Donald Trump told Fox News on Monday that the Iranians are “more malleable” than they were before.
In a phone interview with Fox News, the president threatened that if Iran targets US ships in the Strait of Hormuz as the Pentagon begins operations to restore commercial shipping transit through the strait, they would be “blown off the face of the Earth.”
However, in another phone interview with ABC News on Monday, Trump stopped short of saying Iran’s Monday attacks had violated the US-Iran ceasefire.
“[It was] not heavy firing,” Trump said, downplaying the attacks.
Brad Cooper, chief of the US Central Command, told reporters earlier on Monday that Iranian forces had launched “multiple cruise missiles, drones, and small boats at ships we are protecting.”
US forces have sunk six Iranian small boats targeting civilian vessels in the Strait of Hormuz and intercepted several Iranian missiles and drones, said Cooper.
Iran later rejected the US claims, saying that “no commercial vessels or oil tankers” have transited the Strait of Hormuz, the semi-official Tasnim News Agency reported.
On February 28, the United States and Israel launched joint strikes on Tehran and other Iranian cities, killing then-Supreme Leader Ali Khamenei, senior military commanders and civilians. Iran responded with waves of missile and drone attacks on Israel and US targets across the region and restricted passage through the Strait of Hormuz for vessels linked to Israel and the United States.
A ceasefire took effect on April 8, followed by talks between Iranian and US delegations in Islamabad that ended without a deal.
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