State Bank of India, the nation's largest lender, has stopped processing transactions of Russian entities that have been sanctioned by the West over Moscow's invasion of Ukraine, sources said. To effect this, SBI has issued a circular as it fears that any transaction with entities or sectors under sanction will invite sanction on it as well, sources said. No transactions involving entities, banks, ports or vessels appearing on a US, European Union or United Nations sanctions list would be processed irrespective of the currency of the transaction, they said. Payments due to such entities have to be processed by other mechanism rather than through the banking channel, sources added.
The evacuation mission mounted by the government helped more than 5,000 Indians leave war-torn Yemen. The author goes behind the scenes to find out how this was achieved
'India's manufacturing will take 10-15 years to catch up with China.'
External Affairs Minister S Jaishankar on Tuesday took a strong stance on the Indo-China border issue by saying that any unilateral attempt to change the Line of Actual Control (LAC) will not be 'countenanced' by India.
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
'India will want a lot of help from the US, but it's not going to want US troops.'
Remember the trees that bend during the storm will survive; the ones that try to defy and stand straight tend to get damaged and uprooted, points out management guru Virender Kapoor.
The Chinese air force is now a 400,000-person force that flies some 2,000 combat aircraft -- more than thrice the size of the Indian Air Force.
Akshay Kumar has been taking on social causes with a vengeance and turning it into cinema.
'It was only after D-Day that people believed that I had actually directed Kal Ho Naa Ho.'
A former first class batsman for New South Wales with a strong corporate background, the 46-year-old Roberts has been Sutherland's deputy for a number of years since joining the CA board as an independent director in 2012.
'Had a very fruitful meeting with Iranian defence minister Brigadier General Amir Hatami in Tehran. We discussed regional security issues including Afghanistan and the issues of bilateral cooperation,' Singh said in a tweet.
Aramco Trading Co, a subsidiary of state oil giant Saudi Aramco, offered 2.8 million barrels of ultra low sulphur diesel for loading in late July to early August
While Air India employees are contributing a day's salary to the Prime Minister's Relief Fund, its pilots have offered to forego their allowances to operate to Dehradun.
The US defence secretary would not say how large a force the Pentagon was assembling in the Gulf region or provide details on military units slated for deployment.
Any Indian government at this juncture would have voted and spoken exactly this way. It isn't just about the vast Indian dependence on Russian-origin military equipment. It is also about trust, asserts Shekhar Gupta.
Iran has supplied Iraq with fighter jets to help it counter the belligerent offensive by Islamist militants who have taken over large swathes of territory, a media report said in London.
The Covid-19 pandemic has forced a whopping 8.7 lakh expatriates from Kerala to return home, most of them from the Gulf, since last May, with a majority of 5.67 lakh citing job loss as the reason for it, according to official data.
In his address at a ministerial meeting of the SCO in Moscow in the Russian capital, Singh also referred to the Second World War and said its memories teach the globe the 'follies of aggression' of one state upon another that brings 'destruction' to all.
From the Gulf countries to Malaysia and the UK to the US, the multi-agency operation christened 'Vande Bharat Mission' will see the state-owned AI operate 64 flights till May 13 in the first phase to ferry around 15,000 Indian nationals from 12 countries.
The chief of the army staff said that with one-third of the world in the Gulf region and elsewhere involved in some sort of conflict and war, "it is important that we keep the flames of fire away from our region."
The overwhelming feeling at the end of COP 27 was that despite decades of meetings and landmark accords, like the Paris Agreement, the world was still not doing enough to slow the climate crisis, observes Ambassador T P Sreenivasan.
Mattis attracted controversy in 2005 when he said 'it's fun to shoot some people'.
'This is a good time to restructure your portfolio because the sectors and stocks that performed in the last bull market may not perform as much now.'
Officials said PFI has been under the radar of security agencies for its alleged role in violent protests in different parts of the country.
A mere two-bedroom apartment - albeit quite spacious, covering 3,000 square (sq.) feet (ft) - will set you back 5.8 million. That's the asking price from the Indian-owned Hinduja Group, if you desire a nest in London Whitehall's iconic Old War Office (OWO). Its 1,100 rooms are now being converted into 85 residences and a first-ever hotel to be operated in Britain by Singapore's legendary Raffles Hotels chain. Gopichand Hinduja, co-chair of the conglomerate, said: "Every decision made on The OWO (as the building is fondly called) is underscored by our passion and respect for the heritage of the building and long-term commitment to London."
The US has being trying to stop such private donors in the Gulf oil states sending funds to the ISIS
Its advanced Longbow radar picks up enemy armoured vehicles and then destroys them with anti-tank missiles, air-to-surface rockets or a chain gun that sends 625 rounds per minute ripping into the targets.
China is distributing millions of controversial updated maps to its military in the first upgrade in 30 years, reportedly reinforcing its claims over Arunachal Pradesh.
Europe will have to make some hard choices if it wishes to take on the militant group responsible for the horrible attacks in Paris.
We are spectators who have no voice and no power to influence the giant changes being imposed on all of us, says Aakar Patel.
India's immediate priorities have been the safe return of the Indians still in Afghanistan, bringing back the Afghan nationals who stood by New Delhi, and ensuring that Afghan soil is not used for terrorism directed at India
Indian companies with operations in the Middle East said on Monday they had no plan to pull people out, but added they would make a call if the Iraqi crisis worsened.
The Indian Army, placing traditional weapons above high-technology, says that equipping the army's 800-plus combat units with a Battlefield Management System would cost an unaffordable Rs 500 billion to Rs 600 billion, reveals Ajai Shukla.
'I am no longer surprised by how cynical university students generally are about American motives. America, no matter who the President, what the circumstances will act like a bully, is their collective belief,' says Ambassador B S Prakash after a recent interaction with students.
'The attacks made clear to all the Gulf States that Pakistan was the nursery and sanctuary of extremist violence and that this violence threatened all the countries in the region.'
India and Iraq are likely to sign two agreements in the energy sector and cooperation in water resource management.
BWith a distracted president brooding in the White House, Pompeo seems to think his day has come. He seems to be pushing a personal agenda before a target audience in America, observes Ambassador M K Bhadrakumar.
Average net asset values of Indian equity funds broadly outpaced their benchmarks in February, buoyed by pre-Budget hopes, but overall gains were muted by jitters over a possible Gulf conflict, analysts said.
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