Strong domestic growth will continue to draw foreign investment into the Indian economy, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Tuesday. He said this was reflected in recent free trade agreements and investment commitments by large technology companies.
External Affairs Minister S Jaishankar discussed the West Asia conflict's impact on the global economy, particularly energy security, with US Secretary of State Marco Rubio. He also engaged with GCC ambassadors and his Sri Lankan and German counterparts on the same issue.
For weeks, the war skirted the edge of catastrophe without tipping over. Missiles flew, there was much destruction, commanders were assassinated, cities across the Gulf and even in Israel struggled to absorb the shock. But one line held: Energy infrastructure, the arteries of the global economy, remained largely untouched. That is no longer true. Prem Panicker continues his must read daily blog on the Gulf War.
In a statement issued by Iran's consulate in Mumbai, it said, "At present, Iran essentially has no floating crude or surplus available for international markets. The US Treasury Secretary's remarks appear aimed at reassuring buyers and managing market sentiment."
The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.
This weekend, Donald Trump has begun to say the quiet part out loud -- that he wants to take control of Iran's oil, a formulation more in line with his robber-baron style of international relations.
The outreach comes amid a drop in Indian student enrolments in management programmes at American universities last year, following changes to US student visa policies.
Tedros said that the war in the Middle East has reached a perilous stage with strikes reportedly hitting the Natanz Enrichment Complex in Iran, and the Israeli city of Dimona, where a nuclear facility is located.
An Air India flight bound for Vancouver returned to Delhi after being airborne for seven hours due to an aircraft approval error. The Boeing 777-200 LR was not approved for the route, leading to the flight's return and subsequent rescheduling.
China has welcomed the appointment of Vikram Doraiswami as the new Indian Ambassador, expressing optimism for improved Sino-India relations. Doraiswami, a seasoned diplomat with experience in China, is expected to play a key role in managing complex bilateral issues and fostering cooperation.
The official statement highlighted that these "blatant Iranian attacks" have also targeted members of the Gulf Cooperation Council (GCC) and several other Arab and Islamic nations.
The UK Maritime Trade Operations issued a warning noting that the incident took place approximately 15 nautical miles north of Sharjah.
Bhowneesh Mendiratta leads a 12-member Indian squad at the ISSF Shotgun World Cup in Tangier, Morocco, marking the start of the qualification cycle for the Los Angeles 2028 Olympics.
Delhi Police have arrested a Nigerian national for allegedly defrauding a Rohini resident of Rs 65,700 through an online scam involving a fake foreign traveller persona.
A police team in Indore was attacked with stones while confiscating illegal liquor, resulting in injuries to two officers. Authorities have seized a large quantity of liquor and are searching for the attackers.
Border trade between India and China through the Lipulekh Pass in Uttarakhand's Pithoragarh district is set to resume this year after a six-year hiatus due to the COVID-19 pandemic.
Pakistan's Prime Minister Shehbaz Sharif has offered to host talks between the US and Iran to help resolve the ongoing conflict in the Middle East, following reports of Pakistan's involvement in backchannel diplomacy.
16 days into the war, US forces were already running out of ground-attack missiles and Israel is about to expend its entire Arrow interceptor missiles by end March. To be sure, the Iranians are watching closely and that explains their defiant stance that 'Iran will end the war when it decides to do so and when its conditions are met', notes Ambassador M K Bhadrakumar.
Indian equity markets experienced a significant downturn, with the Sensex and Nifty plummeting due to rising crude oil prices, geopolitical tensions in West Asia, and continuous foreign fund outflows.
The Ministry of External Affairs informed a parliamentary committee that nearly 1,000 Indians remain in Iran amidst the West Asia conflict, and 23,000 students in the Gulf region missed CBSE exams due to the turmoil.
Bengaluru police detained 124 Bangladeshi nationals, including men, women, and children, for allegedly residing illegally in the city. The individuals were taken into custody following a special operation conducted by the Central Crime Branch.
The targeted eastern area is of immense strategic importance, as it is where the "majority of the country's oil resources are located."
The government has sharply reduced excise duty on petrol to 3 and diesel to zero, offering major relief to consumers. Here's how the price cut will impact fuel rates and inflation.
The NIA alleged that the accused were in touch with ethnic armed groups in Myanmar and supported proscribed Indian insurgent outfits by supplying weapons, drones and providing training.
Indian stock market benchmark indices Sensex and Nifty experienced a significant drop in early trade due to rising crude oil prices, bearish global market trends, and continuous foreign fund outflows.
In his resignation letter to US President Donald Trump, Kent called the conflict with Iran unjustified, contending that Washington, DC entered the war due primarily to pressure from Israel and its powerful American lobby rather than clear, direct threats to national security.
Russian Foreign Minister Sergei Lavrov discussed tensions between Afghanistan and Pakistan with his Afghan counterpart, Amir Khan Mottaqi, following US-Israeli strikes on Iran, emphasising the need for political and diplomatic solutions.
Equipped with advanced weaponry, the HMS Anson is fitted with "Tomahawk Block IV land-attack missiles" with a range of 1,600 km and "Spearfish heavyweight torpedoes," providing formidable offensive capabilities.
Amidst escalating tensions in West Asia, Russian President Vladimir Putin is actively calling for de-escalation and political resolution, engaging with Iranian and US counterparts to navigate the complex conflict landscape.
Bengaluru police detained 124 Bangladeshi nationals, including men, women, and children, residing illegally in the city. The operation was part of a larger drive to identify and deport illegal foreign nationals.
The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.
Delhi Police arrested ten Bangladeshi nationals for illegally staying in India after their medical visas expired. They were apprehended during a verification drive and deportation proceedings have begun.
A US Congressman has introduced a resolution urging the US government to recognise the 1971 atrocities committed against Bengali Hindus in Bangladesh by the Pakistani Army as a genocide, seeking justice and historical acknowledgement.
He added that opposition parties were assured that their concerns regarding the impact of the West Asia situation on India and the safety of Indian citizens were addressed in detail.
Prime Minister Shehbaz Sharif met with Saudi Crown Prince Mohammed bin Salman to express Pakistan's support for the Kingdom amidst escalating tensions in West Asia, reaffirming their mutual defence pact and commitment to regional stability.
India's foreign exchange reserves have surged to an all-time high, reaching USD 728.494 billion, according to the Reserve Bank of India. This increase is attributed to a rise in foreign currency assets and gold reserves.
The Air Intelligence Unit (AIU) arrested four passengers at Chhatrapati Shivaji Maharaj International Airport in Mumbai for allegedly smuggling 64.394 kilograms of hydroponic ganja worth over Rs 64 crore.
Ahead of IPL 2026, former India spinner Ravichandran Ashwin has raised concerns over the role of Cameron Green at Kolkata Knight Riders, suggesting the franchise should consider cutting his pay if he does not bowl his full quota.
Ali Mousavi stated that such cooperation is essential for maintaining stability in the strategic waterway.
The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.
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