'America holds about 16% of IMF voting rights, giving it crucial influence over Pakistan's desperately needed bailout loans.'
China defended the BRICS economic alliance, stating it is not a bloc for confrontation, after former US President Donald Trump threatened tariffs on countries aligning with its 'anti-American policies'.
The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.
Defence experts discuss the objectives and strategic pause of Operation Sindoor, emphasizing the avoidance of a prolonged conflict and its potential impact on the Indian economy.
Microsoft Corp has restored all services -- including email access -- to Russian oil giant Rosneft-backed Nayara Energy, just before a scheduled hearing in the Delhi high court over the service suspension.
With these propositions in mind, India started "some exploratory discussions" he said, adding that it started during Prime Minister Narendra Modi's visit to Italy during G-7, and then during his visit to Moscow.
India on Tuesday pressed Russia to release all the Indians recruited by the Russian military, following the death of another Indian national in the Russia-Ukraine conflict zone, taking the death toll to 10.
The US is looking very carefully at what Modi did when he was in Moscow, a senior State Department official has told lawmakers concerned over the growing India-Russia ties.
Equity benchmark indices Sensex and Nifty ended lower on Thursday after US President Donald Trump announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1 and an unspecified penalty for buying Russian crude oil and military equipment.
Commerce Minister Piyush Goyal assures Parliament that India will take necessary steps to protect its national interests following the US announcement of tariffs on Indian goods. The government is assessing the implications and engaging with stakeholders.
Doval briefed his counterparts in the United States, United Kingdom, Saudi Arabia and Japan about India's missile strikes against terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir. He also established contact with Russia and France, officials said.
Congress general secretary Jairam Ramesh said Modi should take inspiration from former prime minister Indira Gandhi and stand up to the president of the United States.
Military officials detail how the Indian Air Force's downing of a Pakistani aircraft at a long distance reflects its air superiority and dealt a psychological blow to the adversary.
The Indian government is studying the implications of US President Trump's announcement to impose tariffs on Indian goods and remains hopeful of concluding a bilateral trade agreement.
The five largest exporters of major arms in 2020-2024 were the US (43 per cent), France (9.6 per cent), Russia (7.8 per cent), China (5.9 per cent), and Germany (5.6 per cent).
China on Friday said the Shanghai Cooperation Organisation (SCO) summit to be held in Tianjin later this month will be the largest in the bloc's history, with 20 world leaders, including Prime Minister Narendra Modi, attending it.
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
India, the world's third largest oil consuming and importing nation, spent 112.5 billion euro (about Rs 1.5 lakh crore) on buying crude oil from Russia since the start of the Ukraine war, a European think tank said on Thursday. The Centre for Research on Energy and Clean Air (CREA) released a report on payments to Russia for fossil fuels since February 24, 2022. "According to our estimates, since the beginning of the war, Russia earned EUR 835 billion in revenue from fossil fuel exports," it said.
Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.
'Within 30 minutes of when Asim Munir made those comments, he should have been taken to Tampa airport and flown out of the United States.'
'The biggest point of contention is market access for US agricultural and dairy products.'
Jaishankar said the UN Security Council condemned the attack and underlined the need to hold perpetrators, organisers, financiers and sponsors of the reprehensible act and bring them to justice.
The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.
Everyone is adjusting to the new realities of the decline of American power, China's rise and the birth pangs of a new world order. To arrest the India-Russia relationship at this transitory phase is both unrealistic and unnecessary, says M K Bhadrakumar.
Glimpses from India and around the world that will make you smile and cry.
Unless Donald Trump takes a major U turn, this is possibly the beginning of the end for Trumpian politics, argues Colonel Anil A Athale (retd). Unless President Trump takes a major U turn, this is possibly the 'beginning of the end' for Trumpian politics driven by TV trp's, points out Colonel Anil A Athale (retd).
Russia on Wednesday said there will be no impact of the Western sanctions against it on the supply of S-400 missile systems to India.
INS Tamal is the eighth Krivak class frigates to be inducted from Russia over the past two decades.
Glimpses from India and around the world that will make you smile and cry.
China is set to build a rail link connecting Xinjiang province with Tibet, part of which will run near the Line of Actual Control (LAC) with India.
Speaking at a joint press conference with Belarus President Alexander Lukashenko on Thursday, Putin said that Russia agrees with the proposals to cease hostilities but "proceeds from the assumption that this cessation should lead to long-term peace and eliminate the root causes of the crisis."
The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.
The government stated that Operation Sindoor was launched in response to a 'barbaric' attack by 'Pakistan-sponsored terrorists,' focusing on dismantling terror infrastructure and neutralizing terrorists likely to be sent across to India.
Presenting Indiya Sevodnya (India Today) tome, Director of Centre of Indian Studies of the Russian Science Academy Tatiana Shaumyan said it is the fruit of lifetime work of 30 top Russian Indologists.
The Indian Army's broader reorganisation is inevitable as India's military doctrine adapts to the demands of the modern battlefield.
ISRO to launch a 6,500 kg communication satellite built by the US, marking a significant milestone in the Indian space program after the successful launch of the NASA-ISRO NISAR mission.
Prime Minister Narendra Modi on Friday said India will never compromise the interests of its farmers, fishermen and dairy farmers, asserting that he would be ready to pay any price.
We urge all of our allies and partners to forgo transactions with Russia that would trigger sanctions under CAATSA, the US said.
India has flagged concerns over non-tariff barriers (NTBs) faced by its exporters with the Russian government, commerce secretary Sunil Barthwal said on Monday. NTBs faced by Indian exporters are mainly in sectors such as marine products and pharmaceuticals.
Donald Trump's tariffs, meant as political punishment, have avoided the predicted chaos, lifting US growth, weakening rivals, and letting him claim victory in a resilient global economy, observes T T Ram Mohan.
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