We find a cosmological solution corresponding to the compactification of 10D supergravity on a warped conifold that easily circumvents the ''no-go'' theorem given for a warped or flux compactification, providing new perspectives for the study of supergravity or superstring theory in cosmological backgrounds. With fixed volume moduli of the internal space, the model can explain a physical Universe undergoing an accelerated expansion in the 4D Einstein frame, for a sufficiently long time. The solution found in the limit that the warp factor dependent on the radial coordinate y is extremized (giving a constant warping) is smooth and it supports a flat four-dimensional Friedmann-Robertson-Walker cosmology undergoing a period of accelerated expansion with slowly rolling or stabilized volume moduli. , not only provide emerging evidence for the ongoing accelerated expansion of the Universe but also provide support for the concept of inflation, or a rapid exponential expansion of large magnitude in a much earlier cosmological epoch. Although it is not difficult to construct cosmological models that exhibit these features, one would prefer any such model to be derivable from a fundamental, and mathematically consistent microscopic theory of (de Sitter) quantum gravity, such as string theory. Superstring theory lives in ten dimensions but we live in a four-dimensional Universe. Clearly, any attempt to derive a viable cosmology from string or M theory (compactification) must produce a four-dimensional de Sitter Universe similar to ours and the size of extra dimensions should remain much smaller than the physical three dimensions.The past few years have witnessed significant progress in building of inflation models within string theory via flux compactifications of the ten-or eleven-dimensional spacetime of superstring or M theory with the desire to find models for late-time cosmology [3-5] supporting a small positive cosmological constant. If one wishes to stay within the realm of low energy supergravity models derived from superstrings, cosmic inflation is ruled out for warped flux compactifications of classical supergravities on the basis of a ''no-go '' theorem [6,7], which forbids accelerating solutions for warped (and static) extra dimensions. For a way out, one may possibly include higher curvature corrections [8] to the leading order Lagrangian in 0 expansion or extended sources (branes, antibranes) that are present in string theory [9] or even invoke certain nonperturbative effects (such as, gaugino condensate and Euclidian D3 branes) [3]. These all achieve some limited success in overcoming the no-go theorem. However, there is no good reason to suppose that all these string effects are available at much lower energy scale, such as vac 10 ÿ3 eV or H 10 ÿ60 M Pl . There is another particular