Replacing over a third of India's oil imports at competitive rates is going to be a challenge, said traders from State refiners, even though some progress was made in the last two months.
The India-EU free trade deal could help Indian-made cars enter Europe at lower costs and challenge Chinese dominance.
The Venezuelan President and his wife Cilia Flores were earlier captured from Caracas after US President Donald Trump unilaterally sanctioned a military operation on Venezuelan soil.
It is learnt that India was mulling various options relating to the project after Trump administration threatened a 25 per cent additional tariff on countries doing business with Tehran.
'The immediate impact for India will be very minimal as the share of Venezuela in our total overseas production is very low.'
Ousted Venezuelan president Nicolas Maduro -- now in United States custody in New York -- had been navigating complex geopolitical challenges as his government faced mounting pressure from the Trump administration for weeks and months before his abduction by American special forces.
Increasing cooperation in critical minerals will top Prime Minister Modi's agenda during his discussions with leaders of Ghana, Argentinia, Brazil and Namibia.
United States President Donald Trump ignited controversy after making sharp and unprecedented remarks about Colombia during a brief exchange with reporters.
Russia and China on Saturday condemned the United States airstrikes on Venezuela and the capture of its president, Nicolas Maduro and his wife.
Left parties on Saturday denounced the United States for attacking Venezuela and capturing its President Nicholas Maduro, with Communist Party of India-Marxist general secretary M A Baby terming the nighttime military action an 'act of international terrorism by US-led imperialism'.
Years of repression and disappearances have taught Venezuelans, the hard way, not to voice either their anger or their joy, observes Radha Roy Biswas who spent her formative years in Venezuela.
A strong performance in the July-September quarter of 2025-26 (FY26) and expectations of growth from launches and acquisition-led synergies led to a 6.65 per cent jump in the share price of Torrent Pharmaceuticals.
Mexico on Thursday imposed a tariff of up to 50 per cent on imports from its non-preferential trade partners, including India, a move that might hit New Delhi's annual $5.75 billion shipments to its third-largest car export market.
'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'
Patel did not specify which part of Michigan the FBI operation took place in. But in a separate social media post on Friday, the police department for the city of Dearborn noted that FBI agents had been active in its community.
The United States on Wednesday struck an alleged drug vessel, an eighth such attack by the US, on the Pacific side of South America, according to Secretary of Defence Pete Hegseth, as reported by CBS News.
Between April and August this financial year, passenger car exports rose 8.5 per cent year-on-year (Y-o-Y), while domestic sales fell by 8.5 per cent.
Congress leader Rahul Gandhi has said the 'wholesale attack on the democratic system' currently underway in India is the single biggest risk the country is facing, and asserted that allowing different traditions to thrive is very important as 'we cannot do what China does, which is to run an authoritarian system'. IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: / Rediff.com Speaking at a seminar titled 'The Future is Today' at the EIA University in Medellin, Colombia, Gandhi also alleged that there are 'huge amounts of corruption at a centralised level' in India now. "In India, we have huge amounts of corruption now at a very centralised level. So, three or four businesses taking over the whole economy, having a direct relationship with the prime minister, is rampant in India," the Leader of Opposition in Lok Sabha said. "But I believe decentralising power, making things more transparent, bringing people into conversations, and bringing people into processes is the best way forward," Gandhi said while addressing the seminar on Wednesday. Hitting back at the Congress leader for his remarks, the Bharatiya Janata Party on Thursday accused Gandhi of insulting and degrading India on foreign soil. Posting a video clip of Gandhi's speech on X, BJP national spokesperson Gaurav Bhatia said, 'Rahul Gandhi does it again, degrades India on foreign soil. From defaming our democracy in London, to mocking our institutions in the US, now in Colombia he spares no chance to insult Bharat globally.' 'This isn't dissent. It's disgrace to the fake Gandhi. Criticising BJP may be your right but dare you malign Mother India for your cheap and petty politics,' Bhatia said. Speaking at the seminar, Gandhi said India has a much more complex system as compared to China and its strengths are very different from that of the neighbouring country. India also has a very old spiritual tradition and a thought system with profound ideas that are useful in today's world, he said, adding that there is a lot that the country can offer in terms of tradition and way of thinking. "I am very optimistic about India, but at the same time, there are fault lines within the Indian structure. There are risks that India has to overcome. The single-biggest risk is the attack on democracy that is taking place in India," the Leader of Opposition said. "India has multiple religions, traditions and languages. India is actually a conversation between all its people. Different ideas, religions and traditions require space. The best method for creating that space is the democratic system," he said. "Currently, there is a wholesale attack on the democratic system in India, so that is a risk. The other big risk is different conceptions -- some 16-17 different languages, different religions... So, allowing these different traditions to thrive, and giving them space to express themselves is very important for a country like India.
Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production amid worsening cost competitiveness due to these steep duties. The US duties on Indian goods will increase to 50 per cent from August 27.
On August 7, the US president announced doubling tariffs on Indian goods to 50 percent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement.
The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and jewellery. Exporters said that the imposition of a 25 per cent penalty on India over and above the 25 per cent tariffs move will disrupt the flow of Indian goods to its largest export market.
Communication channels between India and the US are open to resolve the ongoing tariff issues, and the glitch in trade ties is only temporary, given the long-term relationship between the two nations, government sources said on Wednesday. The US' 50 per cent tariffs on Indian exports to America came into effect from August 27, barring a few sectors.
India, the biggest contributor to world demand for oil, will bring into effect in an overhaul of its drilling policy. This comes after more than a year of preparation and will boost the exploration and development of India's oil and gas sector along with increased participation by foreign drillers
'The date of the rearranged fixtures will be announced in due course.'
On May 7, 2025, the conclave to elect a new pope began.
Pope Francis, the first Latin American pontiff who charmed the world with his humble style and concern for the poor, died on Monday. He was 88.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
Born in Buenos Aires in 1936, the first Latin American leader of the Roman Catholic Church died on Monday aged 88.
US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.
The Pope's funeral is scheduled for Saturday at 10 a.m. in St. Peter's Square, to be led by Cardinal Giovanni Battista Re, dean of the College of Cardinals.
The problem in holding talks with Pakistan is not the language but finding a common vision for decency and peace, Congress MP Shashi Tharoor said on Tuesday, stressing that New Delhi can engage in dialogue with Islamabad if it takes significant action against the infrastructure of terrorism that is visible everywhere in the country.
The warmth and respect for India were evident wherever I went and noticed how most Latin Americans have Indian gurus either directly or online and yoga was very much in vogue, observes Ambassador T P Sreenivasan.
India and Chile on Tuesday announced starting negotiations on a comprehensive economic partnership pact as PM Modi and Chilean President Gabriel Boric Font held wide-ranging talks focusing on boosting the ties in areas of trade, defence, critical minerals and health.
'Right now, silver -- and especially platinum -- are very cheap compared to gold. If I were buying today, I would choose platinum.'
As part of efforts to give a greater fillip to trade, the commerce ministry is working aggressively on finalising trade pacts with countries in the South East Asian region and some Latin American countries.
The company, which made the biggest ever acquisition in the Indian pharma history last year by taking over controlling stakes in DocPharma in Belgium, has finalised the Latin American deal and an announcement would be made soon.
The funeral mass of Pope Francis, who passed away on Monday, concluded at St Peter's Square on Saturday with the bells of St Peter's Basilica tolling to signal the end of the 2 hours and 10 minutes long service.
On Jawaharlal Nehru's 61st death anniversary, Utkarsh Mishra recalls how India's first prime minister cultivated a unique role for the newly independent country on the world stage.
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