Trump administration says Iran war ended under ceasefire, sparks War Powers Act debate

Trump administration says Iran war ended under ceasefire, sparks War Powers Act debate


U.S. Defense Secretary Pete Hegseth testifies before a Senate Armed Services Committee hearing on U.S. President Donald Trump’s FY2027 budget request for the Department of Defense on Capitol Hill in Washington, D.C., U.S., April 30, 2026.
| Photo Credit:
KEN CEDENO

The Trump administration is arguing that the war in Iran has already ended because of the ceasefire that began in early April, an interpretation that would allow the White House to avoid the need to seek congressional approval.

The statement furthers an argument laid out by Defense Secretary Pete Hegseth during testimony in the Senate earlier Thursday, when he said the ceasefire effectively paused the war. Under that rationale, the administration has not yet met the requirement mandated by a 1973 law to seek formal approval from Congress for military action that extends beyond 60 days.

A senior administration official, who spoke on condition of anonymity to discuss the administration’s position, said for purposes of that law, “the hostilities that began on Saturday, Feb 28 have terminated.” The official said the US military and Iran have not exchanged fire since the two-week ceasefire that began April 7.

Ceasefire interpretation and Strait of Hormuz tensions

While the ceasefire has since been extended, Iran maintains its chokehold on the Strait of Hormuz, and the US Navy is maintaining a blockade to prevent Iran’s oil tankers from getting out to sea.

Under the War Powers Resolution, the law that sought to constrain a president’s military powers, President Donald Trump had until Friday to seek congressional authorisation or cease fighting. The law also allows an administration to extend that deadline by 30 days.

Congressional pushback on military authority

Democrats have pushed the administration for formal approval of the Iran war, and the 60-day mark would likely have been a turning point for a swath of Republican lawmakers who backed temporary action against Tehran but insisted on congressional input for something longer.

“That deadline is not a suggestion; it is a requirement,” said Sen Susan Collins, R-Maine, who voted Thursday in favour of a measure that would end military action in Iran since Congress hadn’t given its approval. She added that “further military action against Iran must have a clear mission, achievable goals, and a defined strategy for bringing the conflict to a close.”

Proposal to reframe the mission

Richard Goldberg, who served as director for countering Iranian weapons of mass destruction for the National Security Council during Trump’s first term, said he has recommended to administration officials to simply transition to a new operation, which he suggested could be called “Epic Passage,” a sequel to Operation Epic Fury.

That new mission, he said, “would inherently be a mission of self-defence focused on reopening the strait while reserving the right to offensive action in support of restoring freedom of navigation.”

“That to me solves it all,” added Goldberg, who is now a senior adviser at the Foundation for Defense of Democracies, a hawkish Washington think tank.

Legal interpretation challenged by experts

During testimony before the Senate Armed Services Committee on Thursday, Hegseth said it was the administration’s “understanding” that the 60-day clock was on pause while the two countries were in a ceasefire.

Katherine Yon Ebright, counsel at the Brennan Center for Justice’s Liberty and National Security Program and an expert on war powers, said that interpretation would be a “sizeable extension of previous legal gamesmanship” related to the 1973 law.

“To be very, very clear and unambiguous, nothing in the text or design of the War Powers Resolution suggests that the 60-day clock can be paused or terminated,” she said.

Broader implications for presidential war powers

Other presidents have argued that the military action they’ve taken was not intense enough or was too intermittent to qualify under the War Powers Resolution. But Trump’s war in Iran would certainly not be such a case, Ebright said, adding that lawmakers need to push back against the administration on that kind of argument.

Published on May 1, 2026



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LPG Price Hike: महंगाई का झटका! 1000 रुपये के करीब बढ़ी गैस सिलेंडर की कीमत; चेक लेटेस्ट रेट

LPG Price Hike: महंगाई का झटका! 1000 रुपये के करीब बढ़ी गैस सिलेंडर की कीमत; चेक लेटेस्ट रेट


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Key points generated by AI, verified by newsroom

  • 1 मई से कमर्शियल एलपीजी सिलेंडर 993 रुपये महंगा हुआ.
  • घरेलू एलपीजी सिलेंडर की कीमतों में कोई बदलाव नहीं.
  • मध्य पूर्व में तनाव से एलपीजी आपूर्ति पर असर.
  • भारत एलपीजी जरूरतों का 60% आयात करता है.

LPG Cylinder rate today: ईरान में तनाव, होर्मुज स्ट्रेट (Strait of Hormuz) की नाकेबंदी से पैदा हुई अनिश्चित स्थिति के मद्देनजर लोगों इस बात को लेकर चिंता में थे कि आने वाले दिनों में कीमतों में कब और कितना बदलाव होगा. आज से शुरू हो रहे मई के महीने में LPG गैस सिलेंडरों के नए रेट जारी कर दिए गए हैं.

आज 1 मई को जहां भारत के प्रमुख शहरों में 14.2 किलो वाले घरेलू गैस सिलेंडर की कीमत में कोई बदलाव नहीं किया गया. वहीं, 19 किलो वाले कमर्शियल गैस सिलेंडर के रेट में काफी इजाफा किया गया है. आज से कमर्शियल LPG सिलेंडर की कीमत 993 रुपये बढ़ा दी गई है. इस बढ़ोतरी के बाद दिल्ली में 19 किलोग्राम के सिलेंडर की कीमत 3,071.50 रुपये हो जाएगी. 

कमर्शियल सिलेंडर के ताजा रेट

कीमतों में हुई 993 रुपये की ताजा बढ़ोतरी के बाद आज 19 किलो वाले कमर्शियल सिलेंडर के रेट्स कुछ इस प्रकार हैं:-

  • दिल्ली- 3,071.50 रुपये
  • मुंबई- 3,024 रुपये (अनुमानित)
  • कोलकाता- 3,201.50 रुपये (अनुमानित)

कीमतों में लगातार तीसरी बार इजाफा 

बता दें कि यह इस साल लगातार तीसरी बार है, जब कमर्शियल सिलेंडर के रेट्स में बदलाव किए गए हैं. सबसे पहले 7 मार्च को 144 रुपये की बढ़ोतरी की गई थी. इसके बाद 1 अप्रैल को फिर से 200 रुपये बढ़ा दिए गए और अब सीधे 993 रुपये क भारी बढ़ोतरी कर दी गई.

ये भी पढ़ें: पेट्रोल-डीजल के नहीं बदले दाम, ATF की भी कीमत जस की तस; 993 रुपये LPG में बढ़ोतरी

राहत की बात है कि इस बीच घरेलू सिलेंडर की कीमतों में कोई बदलाव नहीं किया गया है ताकि देश के आम परिवारों पर अतिरिक्त बोझ न पड़े. इस साल घरेलू सिलेंडर की कीमतों में मार्च में सिर्फ एक बार 60 रुपये की बढ़ोतरी की गई थी. 

आज घरेलू सिलेंडर की कीमत

  • दिल्ली-  913.0
  • मुंबई- 912.50
  • चेन्नई- 928.5
  • कोलकाता- 939.0

एनर्जी आयात पर भारत की निर्भरता

भारत LPG की अपनी जरूरतों का लगभग 60 परसेंट हिस्सा आयात करता है. 28 फरवरी को ईरान पर अमेरिका और इजरायल के हमलों और उस पर तेहरान की जवाबी कार्रवाई से पहले भारत के आधे से ज्यादा कच्चे तेल का आयात लगभग 30 परसेंट गैस और 85-90 परसेंट LPG का आयात पश्चिम एशियाई देशों जैसे सऊदी अरब और UAE से होता था.

हालांकि, अभी मिडिल ईस्ट में तनाव के चलते स्ट्रेट ऑफ होर्मुज (Strait of Hormuz) में नाकेबंदी  के कारण तेल विपणन कंपनियां (OMCs) दबाव में हैं. बशर्ते भारत ने इस बीच रूस जैसे देशों से तेल मंगाकर कच्चे तेल की सप्लाई में आई रुकावटों की कुछ हद तक भरपाई कर ली है.  वहीं दूसरी तरफ औद्योगिक इस्तेमाल करने वालों के लिए गैस की आपूर्ति में कटौती की गई है और होटलों व रेस्टोरेंट जैसे कमर्शियल संस्थानों के लिए LPG की उपलब्धता भी कम कर दी गई है.

ये भी पढ़ें: Rules Change from 1st May: आज से लागू होंगे कई जरूरी बदलाव, जानें क्या होगा रसोई से मोबाइल गेमिंग पर असर



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Public sector banks recruit 50,552 employees in FY26, up 33% year-on-year

Public sector banks recruit 50,552 employees in FY26, up 33% year-on-year


Public sector banks (PSBs) recruited 50,552 employees in FY2025-26, marking a 33% increase over the previous year as part of efforts to strengthen manpower and support expanding banking operations.

Public sector banks (PSBs) have recruited a total of 50,552 candidates in FY2025-26, 33 per cent higher than the previous year, the finance ministry said on Thursday.

This represents a significant augmentation of manpower to meet the growing business requirements of the banking sector, the ministry said in a statement.

This builds on the trend observed in preceding years, wherein the data stood at 30,827 in 2023-24 and increased to 37,860 in 2024-25, reflecting a clear and sustained year-on-year expansion in workforce across PSBs and a planned approach towards ensuring adequate staffing across PSB offices, it said.

Centralised recruitment through IBPS

Recruitment in PSBs is conducted through the Institute of Banking Personnel Selection (IBPS), in accordance with the specific manpower requirements of participating banks, it said.

This centralised and standardised framework ensures transparency and efficiency in the selection process, it said.

The Government remains committed to ensuring that PSBs are equipped with adequate, skilled, and future-ready human resources, enabling them to play a pivotal role in driving financial inclusion, supporting economic activity, and meeting the economy’s evolving needs, it said.

NARCL strengthens stressed asset resolution

In a separate statement, the ministry said, National Asset Reconstruction Company Limited (NARCL) has emerged as a cornerstone of India’s stressed asset resolution architecture, playing an important role in supporting the banking sector’s balance sheet strengthening.

By bringing together large stressed exposures and facilitating their resolution through transparent and market-based mechanisms, NARCL has contributed to improving recovery outcomes and unlocking value for lenders, it said.

As on March 2026, NARCL has acquired 33 borrower entities with an aggregate debt exposure of Rs 1,65,862 crore, it said, adding, it has also participated in resolution processes under the Insolvency and Bankruptcy Code, further strengthening its role in the overall resolution ecosystem.

Recovery momentum gains pace

FY 2025–26 marks a significant acceleration in NARCL’s recovery efforts, with Rs 4,364 crore realised during the year, accounting for approximately 70 per cent of cumulative recoveries.

“This momentum underscores the effectiveness of ongoing resolution strategies. Recoveries have been effected in 23 accounts, with total recoveries of Rs 6,345 crore, representing more than 48 per cent of acquisition cost, and further recoveries are underway,” it said.

Strong outcomes and future targets

Importantly, three accounts have been fully resolved, delivering recovery of 148 per cent, 115 per cent and 183 per cent, demonstrating value maximisation and positive outcomes for lenders, it said.

Building on this momentum, it said, NARCL continues to advance its resolution efforts, including evaluation and acquisition of additional large-value accounts.

The company remains on track to achieve its targeted acquisition of Rs 2 lakh crore, reinforcing its role in enabling capital recycling, improving balance sheet strength of banks, and supporting sustained credit growth in the economy.

Published on April 30, 2026



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Sensex, Nifty end 7 per cent higher in April

Sensex, Nifty end 7 per cent higher in April


Broader indices outperformed the benchmarks in April. The Nifty SmallCap 100 spiked 18.5 per cent, Nifty Midcap 100 jumped 13.5 per cent and Nifty Next50 gained 15.4 per cent

April, the first month of FY27, saw a sharp recovery across the board for Indian equities, despite benchmark indices down nearly 0.75 per cent on Thursday.

The Nifty and the Sensex surged around 7 per cent while Nifty Defence, Nifty Realty and Nifty Capital Market indices were resilient by skyrocketing 21-25 per cent in April. The Nifty IT was under pressure due to weak results but even that index closed 1 per cent higher in April.

FPIs pulled out over ₹60,000 crore worth shares in April and the rupee breached the 95-per-dollar mark for the first time, as prolonged Iran war continues to worry investors.

Crude oil price also crossed $110 a barrel, making import-dependent Indian economy more vulnerable.

Downgrades

The gain was despite global financial advisories, such as HSBC, JPMorgan and Bernstein, downgrading Indian equities.

However, PL Capital has pegged a target of 27,080 for the Nifty 50, driven by an expected 15 per cent earnings CAGR over FY26–FY28, even as global uncertainties and rising crude prices cloud the near-term outlook.

The US Federal Reserve held interest rates steady but maintained a firm policy stance, supporting the US dollar and tightening financial conditions for emerging markets.

Strong performers

Broader indices outperformed the benchmarks in April. The Nifty SmallCap 100 spiked 18.5 per cent, Nifty Midcap 100 jumped 13.5 per cent and Nifty Next50 gained 15.4 per cent.

The stars of April were MTAR Technologies, which surged nearly 86 per cent, followed by HFCL (71 per cent), Websol Energy (71 per cent), Sterlite Tech (67 per cent) and Lloyds Enterprises (65 per cent).

Among the prominent stocks that scored handsome gains included Ola Electric that jumped over 60 per cent, Cohance Lifesciences (60 per cent) and 63 Moons Technologies (58 per cent).

HCL Technologies, Mangalore Refinery, Infosys and United Breweries were among the top losers, falling between 5 per cent and 10.60 per cent.

Vinod Nair, Head of Research, Geojit Investments Ltd, said, “Despite weak global cues, elevated crude prices and a depreciating INR, India’s equity markets rebounded from recent lows as investors used the correction to add exposure, supported by better-than-expected earnings despite geopolitical uncertainty.”

The earnings momentum and domestic inflow of funds are likely to support falls in the market, but volatility might be witnessed on account of FII selling, higher crude prices and global uncertainties, cautioned Vikram Kasat, Head Advisory, PL Capital.

Published on April 30, 2026



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Rupee ends at record low of 94.91/$ amid rising oil prices, FPI outflows

Rupee ends at record low of 94.91/$ amid rising oil prices, FPI outflows


The rupee on Thursday closed at a record low of 94.91 against the US dollar, breaching the psychologically crucial 95 mark intraday for the first time since March 30. Surging crude oil prices, persistent foreign portfolio investor (FPI) outflows and importer demand weighed heavily on the currency.

However, the RBI’s aggressive intervention ensured that the Indian currency closed below the 95 level, helping it to recover most of its losses. The rupee ended down about 7 paise vis-a-vis the previous close of 94.8450.

Crude at 4-year high

The rupee depreciated sharply during the course of the day amid spike in global crude oil prices at a four-year high. Crude oil prices are being driven by continued disruptions in the Strait of Hormuz in the wake of the ongoing West Asia war. They also reacted to remarks by Donald Trump, who said the blockade would not be lifted until Iran abandons its nuclear programme. Brent crude briefly surged to around $126 per barrel before easing.

During the day, the rupee fell to an all-time low of 95.3325, breaching the previous intraday low of 95.22 touched on March 30.

Forex traders said the rupee on Thursday came under pressure on multiple fronts – hardening crude oil prices, FPIs selling to the tune of $201 million in Indian equities, and heightened fears of further depreciation prompting importers, especially oil marketing companies, to ramp up dollar purchases. These factors exacerbated demand for the greenback.

According to Anindya Banerjee, Head of Commodity and Currency Research, Kotak Securities, what the forex market is witnessing is a textbook reflexive trade, with rising oil prices triggering FPI outflows, FPI outflows compounding the dollar demand from oil importers and the combination overwhelming the RBI’s defensive measures.

He noted that April alone has seen FPI outflows of $7.5 billion, taking calendar-year-to-date outflows past $20 billion, and that is sitting on top of an oil import bill that has expanded materially as Brent has moved from $72 in February to $118 today.

“The two channels — trade deficit and capital account — are pulling in the same direction and the rupee has no natural buffer. The RBI is intervening, and will continue to intervene, but the central bank’s strategy here is volatility management, not level defence.. Reserves are being deployed to slow the move, not to reverse it,” said Banerjee.

A forex dealer with a public sector bank said to ensure that the forex reserves don’t get depleted defending the rupee, the RBI will need to bring in a scheme so that banks are encouraged to mobilise dollar deposits. Further, curbs will have to be imposed on dollar outflows by temporarily reducing the liberalised remittance scheme limit.

Published on April 30, 2026



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