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In a critical effort to de-escalate the Israel–Lebanon border conflict, President Donald Trump has successfully mediated a three-week extension of the ceasefire between Israel and Hezbollah. Following intensive high-level talks in Washington, D.C., both parties have agreed to maintain a tactical pause to allow for broader peace negotiations, including discussions on border delineation and prisoner exchanges. While the Lebanese government has welcomed the reprieve as a chance for reconstruction, the situation remains precarious; Hezbollah has expressed public skepticism, and the IDF maintains a defensive high-alert status following reports of intermittent truce violations. With regional stability closely tied to broader tensions with Iran, the next 21 days will be a decisive test for U.S. diplomacy in the Middle East.

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India’s largest conglomerate, Reliance Industries Limited (RIL), reported a 12.6% year-on-year decline in consolidated net profit for Q4 FY26, posting ₹16,971 crore against ₹19,407 crore in the previous year. Despite the earnings squeeze—driven primarily by margin pressures in the Oil-to-Chemicals (O2C) segment and volatile West Asia geopolitics—the company’s revenue surged 13% to ₹2.98 lakh crore. Strength in digital services saw Jio Platforms deliver a 13% profit jump to ₹7,935 crore, while Reliance Retail added over 300 new stores to reach a count of 20,160. Chairman Mukesh Ambani signaled long-term confidence by recommending a dividend of ₹6 per share and hinting that the highly anticipated Jio IPO remains steadily on track.

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