External Affairs Minister Pranab Mukherjee is expected to visit Iran soon, said Manbir Singh, India's ambassador to Iran.
Taking a dig at Pakistan without naming it, Prime Minister Narendra Modi on Friday said a country which was a supplier of aatank (terror) is struggling for aata (flour) these days.
There is no direct impact of the Russia-Ukraine crisis on India in terms of bilateral trade but a surge in oil prices poses considerable risk to the economy, an analyst report said on Friday. International oil prices which have surged past $100 per barrel "pose risks to external stability and currency movement," a Bank of Baroda Economics Research report said. Russia has launched military operations against Ukraine, stoking fears of significant disruption in the region, including loss of life. The West is ramping up financial sanctions against Russia and support for Ukraine.
Harris slammed President Donald Trump and pledged to 'rejoin' the Paris agreement on Climate Change and 'strengthen and re-enter' the Iran nuclear deal. "Joe Biden and our administration is gonna have a massive job to repair the damage done by Donald Trump and his administration, and to restore our place in the world," she said.
The deal involves Iran accepting curbs on its nuclear programme in return for sanctions relief, but many of the critical, politically-charged details are still awaited.
The ministry of finance is likely to assume crude oil price to remain within $85 per barrel while estimating subsidies for the Interim Budget 2024-25 (FY25), to be presented on February 1. Brent crude prices moved up on Thursday, ending at $78.9 per barrel. Crude oil and cooking gas prices, which move in tandem, impact fertiliser and cooking gas subsidies, constituting 53 per cent of the government's total subsidies.
'All but one of the previous oil shocks brought either a change of government or a political crisis.' 'Is the government braced for stormy weather?' asks T N Ninan.
India and China have already rejected the US' sanctions move.
- Iran's world judo champion Arash Miresmaeili refused to compete against an Israeli on Sunday.
'If attacks escalate, there is a risk the Suez Canal may be closed.'
'This week will be crucial and we are prepared.'
Defender Ehsan Hajsafi became on Sunday the first member of Iran's national team to speak out from the World Cup in Doha in apparent support of anti-government protests at home, saying players should be the voice of those suffering.
Rejecting the opposition charge that the government succumbed to American pressure, Mukherjee said India's vote was in 'conformity' with the country's policy.
The multi-million-dollar Iran-Pakistan gas pipeline project is unlikely to be completed by the contractual deadline of December 2014 because of the political transition in Islamabad, officials have said.
The United Nations has invited Iran to attend crucial Syria peace talks after it pledged to play a "positive and constructive role" but the surprise move provoked a pull-out threat from the Syrian opposition and caution from the US.
In his opening remarks at the virtual summit of the Shanghai Cooperation Organisation (SCO), Modi also said that some countries use cross-border terrorism as an instrument of their policy and the grouping must not hesitate to criticise them.
The remarks came as Left parties asked the Union government to have David C Mulford recalled while Opposition BJP sought an all-party meet over the controversial remarks by the US Ambassador to India on the Iran issue.
Iran's controversial nuclear programme and Syrian crisis dominated the opening day of 16th Summit of Non-Aligned Movement here today, with India calling for 'coordinated global action' to deal with proliferation of weapons of mass destruction and international terrorism.
External Affairs Minister S Jaishankar held wide-ranging talks with his visiting Iranian counterpart Hossein Amir-Abdollahian on Wednesday against the backdrop of widespread anger in West Asia over controversial remarks on Prophet Mohammed made by two former Bharatiya Janata Party spokespersons.
It is the first visit to India by a senior minister of a member nation of the Organisation of Islamic Cooperation after the controversial remarks triggered anguish in the Arab world.
India's solidarity with the Palestinian cause dates back to Mahatma Gandhi's time and its rising global stature and influence over all key players in West Asia make it well-placed to play a crucial role in defusing the crisis arising out of the Israel-Hamas conflict, Palestine Ambassador Adnan Abu Alhaija said on Tuesday.
By creating mayhem, Hamas aims to force the Arab States to give up their plans of reconciliation with Israel, explains Colonel Anil A Athale.
'Traditionally, the US tried to tamp down tensions whenever a crisis situation arose and deputed officials from Washington to travel to Delhi to counsel restraint.' 'This time around, no US envoy flew down to Delhi -- not even when tensions spiked and a flashpoint was reached last week,' points out Ambassador M K Bhadrakumar.
India's low passion, very cautious, relationship with Iran of the last 36 years awaits transformation, says Lieutenant General Syed Ata Hasnain (retd). Prime Minister Modi's visit cannot be a negotiating event; it is a symbolic one to strengthen the politico-diplomatic relationship.
United States President Barack Obama vowed to launch a new diplomatic push to solve the longstanding crisis over Iran's disputed nuclear programme but said he would not let Tehran acquire nuclear weapons at any cost.
An Iranian delegation is expected to visit India this weekend to discuss an arrangement under which Union Bank will make payments to Halk Bank in Turkey.
United States Secretary of State Antony Blinken reiterated his country's stance against an immediate ceasefire in Gaza during his meetings with key Middle Eastern leaders on Saturday, CNN reported.
'India is respected by both Israel and Palestine.' 'India can push the international community for the peace process.'
Pakistan Prime Minister Nawaz Sharif is in Turkey on a day-long official visit to hold discussions with the country's top leadership on the Yemen crisis.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
Ahead of his crucial talks with Russian President Vladimir Putin in Moscow, Chinese President Xi Jinping said on Monday that his peace plan to end the raging Ukraine war takes into account the 'legitimate' concerns of all parties and reflects the broadest common understanding of the international community.
Doval said it is time for closer consultations, greater cooperation and coordination among the regional countries to deal with the challenges emanating from Afghanistan.
Biden said over a year later Russian President Vladimir Putin has "failed and he continues to fail".
Doval's visit to Moscow comes weeks ahead of the G-20 foreign ministers' meeting in New Delhi.
Beijing was caught by surprise as Kishida, who was on an official visit to New Delhi from March 19-21, entered Poland from India using a secretly chartered plane instead of the standard government aircraft, Japanese TV channel NHK reported.
Mahsa Amini's tragic custodial death in Tehran has triggered protests across Iran. Defiant, jean clad women minus their tunics and hijabs are marching in unison and shouting 'Down with the dictator' Women in Iran have been pushed to the wall and are no longer willing to abide by the restrictions placed on them, explains Rashme Sehgal.
The external affairs minister reiterated India's position on Afghanistan and highlighted its humanitarian support to the war-torn country, including the supply of wheat, medicines, vaccines and clothing.
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
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