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Trump says second round of Iran talks possible in days

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Washington, April 15: US President Donald Trump said a second round of direct talks with Iran could take place “over the next two days,” signalling a possible diplomatic opening even as the United States presses ahead with a naval blockade targeting Iranian-linked shipping.

In an interview with The New York Post, Trump said negotiations could happen soon and pointed to Pakistan as a possible venue. “Something could be happening over the next two days, and we’re more inclined to go there,” he said, referring to Islamabad.

The comments came after an earlier round of talks failed to yield a breakthrough. Trump suggested initial plans had pointed to Europe before shifting towards Pakistan.

The diplomatic push comes alongside heightened tensions in the Gulf. US Central Command said that no ships from Iranian ports passed through its blockade in the first 24 hours. Six merchant vessels complied with US instructions and turned back towards Iranian ports in the Gulf of Oman.

Shipping data showed a more mixed picture. Several Iran-linked vessels were tracked moving through the Strait of Hormuz after the blockade began, though some appeared to stop or change course after entering open waters.

More than 20 commercial ships not linked to Iran transited the strait in the same period, including tankers and cargo vessels. That suggests traffic through the key waterway has not been fully disrupted.

Vice President JD Vance said in Georgia that Washington is seeking a broader agreement with Tehran. He said the United States wants Iran to prosper economically, but only if it commits to not developing a nuclear weapon.

Diplomatic activity is also under way elsewhere in the region. Israel and Lebanon agreed to “launch direct negotiations” after rare face-to-face talks in Washington, in a move seen as part of wider efforts to stabilise tensions linked to the Iran conflict.

The United Nations has urged continued engagement. Secretary-General António Guterres said talks between Washington and Tehran are likely to resume and called for sustained diplomatic efforts.

Markets reacted quickly to the prospect of renewed talks. US crude futures fell nearly 8 per cent to their lowest level in weeks, reflecting hopes that tensions could ease and energy flows stabilise.

Still, uncertainty remains over the blockade and its enforcement. The Strait of Hormuz carries a significant share of global oil shipments, making it a critical chokepoint for energy markets.

The US-Iran standoff follows decades of strained relations centred on Tehran’s nuclear programme and regional role. Previous efforts to curb Iran’s nuclear activity in exchange for sanctions relief have repeatedly stalled.

Any sustained disruption in the Strait of Hormuz has historically led to volatility in oil prices and raised concerns about global energy security.

International News

Flash flood hits Nepal-China border; four Nepali police personnel missing

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Kathmandu, Aug 26: A sudden flash flood swept through the Bhote Koshi River on Wednesday morning, causing widespread damage in the Nepal-China border region.

Four personnel of Nepal’s Armed Police Force (APF) deployed at a border outpost in northern Rasuwa have gone missing due to the sudden flooding.

APF spokesperson Deputy Inspector General Netra Bahadur Karki said the four personnel have been out of contact since the flood struck the area near the Nepal-China border.

“The border post itself has not been damaged,” Karki said, adding that authorities have yet to determine whether the missing personnel were affected by the flood.

Additionally, unconfirmed reports in local media say 14 Rasuwa customs office staff are also out of contact.

The sudden rise in the Bhote Koshi River, believed to have originated in the Tibet region, began at around 9 a.m. and caused significant damage to infrastructure in Rasuwa. Roads, hydropower facilities, electricity transmission lines and substations have reportedly been affected, officials said.

The Timure market area, Timure Customs Office and parts of Syabrubesi near the Nepal-China border are among the areas reported to have suffered major damage.

The Nepal Electricity Authority said that the floods have damaged various power infrastructure, including the Rasuwagadhi, Chilime, Trishuli-3A and Trishuli-3B power projects, the 220 kV Trishuli-3B Hub substation, as well as the Trishuli and Devighat hydropower plants and several distribution structures.

Following the damage to the electricity infrastructure, power supply has been disrupted in the affected areas. The authority said that all necessary efforts are underway to restore electricity supply as soon as possible.

The officials have urged consumers to remain patient until power supply is restored and requested all concerned parties to help disseminate information related to the electricity supply.

According to Nepal’s Independent Power Producers’ Association, preliminary details indicate that 15 hydropower projects, both operational and under construction, have been affected by the flood. Of these, 10 are operational, and five are under construction.

Officials have warned that the floodwaters could pose a serious threat to downstream communities as the Bhote Koshi flows into the Trishuli River and moves toward Nuwakot and other central Nepal districts.

Hydrological experts have raised the possibility that the flooding occurred due to a Glacial Lake Outburst Flood (GLOF) in Tibet rather than heavy rainfall in Nepal.

The Department of Hydrology and Meteorology and local authorities, in coordination with Chinese counterparts, are studying satellite information to establish the exact source of the sudden surge.

High-alert warnings have been issued for settlements along riverbanks in Rasuwa, Nuwakot, Dhading, Gorkha and Chitwan districts that face flood risks.

Residents living in low-lying areas and along riverbanks have been advised to move to safer, elevated locations immediately. Authorities have also urged people to avoid unnecessary travel along the Prithvi Highway and other riverside routes as rescue and emergency teams remain on standby.

District-level disaster management authorities are coordinating rescue operations and mobilising emergency resources in the affected areas.

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Business

Piyush Goyal pitches for India growth opportunities to Japanese firms, financial majors

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Tokyo, Aug 26: Union Commerce and Industry Minister Piyush Goyal on Wednesday said that he highlighted India’s growing investment and business opportunities across trade, mobility, industrial, banking and insurance sectors during discussions with top Japanese business and financial leaders.

On the third day of his Japan visit, Goyal met senior executives from Toyota Tsusho Corporation, Sumitomo Mitsui Banking Corporation (SMBC) Group, Mitsubishi UFJ Financial Group (MUFG) and Nippon Life Insurance, according to posts by the minister on X.

In his meeting with Toshimitsu Imai, President and CEO of Toyota Tsusho Corporation, Goyal discussed opportunities for the company to deepen its engagement in India across trade, mobility and industrial sectors.

The discussions focused on leveraging India’s cost competitiveness and strengthening the country’s role as a global export hub, particularly for emerging markets, Goyal said.

In addition, the minister met with Yoshihiro Hyakutome, Deputy President Executive Officer at SMBC Group and discussed opportunities to deepen India-Japan financial ties, including greater investment and cooperation in the banking sector.

Goyal also discussed with Yasushi Itagaki, Deputy Chairman of MUFG, along with other senior officials, strengthening India-Japan cooperation in banking, commercial finance and investment.

“India’s dynamic financial sector continues to offer significant scope for deeper partnerships with Japan’s leading financial institutions,” the minister said on X.

Additionally, in his meeting with Minoru Kimura, Managing Executive Officer and Head of Global Business at Nippon Life Insurance, the minister discussed opportunities for greater India-Japan cooperation in insurance and financial services.

Goyal said India’s expanding insurance market presents significant potential for greater collaboration.

The discussions with the Japanese companies come as India seeks to deepen economic and investment ties with Japan and attract greater participation from the firms and financial institutions across key sectors for Indian economy.

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International News

15 newborns killed in massive fire at Islamabad hospital

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Islamabad, Aug 26: In a major tragedy, at least 15 newborn babies died after a massive fire broke out in the gynaecology ward of the Pakistan Institute of Medical Sciences (PIMS) in Islamabad, local media reported on Wednesday, quoting officials familiar with the tragic incident.

According to officials of the Pakistan Institute of Medical Sciences, the nursery had 16 newborns at the time the fire broke out. Of the 16 infants, only one could be rescued from the affected area in time, while the remaining babies died in the blaze.

Rescue sources said the fire erupted at around 6:45 a.m. inside the nursery after an air-conditioner compressor reportedly exploded, according to leading Pakistani media outlet Geo TV.

Rescue officials said that the fire was brought under control after firefighting teams reached the hospital and began operations. Teams continued cooling operations at the site after extinguishing the blaze to prevent any possibility of the fire reigniting.

According to the district administration, 14 babies were completely burnt in the fire that broke out on the third floor of the Mother and Child Health (MCH) ward. The administration said rescue personnel responded immediately after receiving information about the incident.

Six fire brigade vehicles and four ambulances were deployed as part of the emergency response, the district administration said.

The incident has raised serious questions about safety arrangements at the hospital, particularly in a ward housing vulnerable newborn children.

The district administration has constituted an enquiry committee headed by the additional deputy commissioner to investigate the circumstances surrounding the fire.

Officials said the enquiry will establish the circumstances that led to the deaths of the newborns and examine the response to the emergency. Further details regarding the incident and the findings of the enquiry committee are awaited.

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