United States President Donald Trump has said there will be no trade negotiations with India until a dispute over tariffs is resolved, following his administration's decision to double tariffs on Indian imports.
US President Donald Trump claimed he resolved the India-Pakistan conflict earlier this year with trade and asserted that he should receive the Nobel Peace Prize for "ending seven wars."
As Ukraine's President Volodymyr Zelenskyy was petitioning members of the United States Congress to pass a bill earmarking more US aid for his besieged country, Russian President Vladimir Putin attended a flag-raising ceremony for two nuclear-powered submarines, Krasnoyarsk and Emperor Alexander The Third, in the northern city of Severodvinsk, Russia.
The Indian government is dealing with the matter having in mind the national interests of this country in the first place, he said.
New Delhi 'will have to take a call which supply source suits us the best,' the finance minister said, pointing out that crude oil accounts for the bulk of India's foreign exchange spend.
Plans for big bang reforms in the GST regime by Diwali, the Putin-Trump summit and S&P upgrading India's sovereign credit rating are likely to instil optimism in the domestic equity market in the week ahead, analysts said. Besides, trends in global markets and the trading activity of foreign investors would also impact domestic investors' sentiment.
The White House trade advisor's remarks came on a day US President Donald Trump announced that India and the US are continuing negotiations to address the trade barriers.
Prime Minister Narendra Modi on Tuesday told Russian President Vladimir Putin that a solution to the Ukraine conflict is not possible on the battlefield and peace efforts do not succeed in the midst of bombs and bullets even as he flagged concerns over a missile strike on a children's hospital in Kyiv.
Echoing United States President Donald Trump's stance on imposing economic sanctions against countries maintaining trade ties with Russia if Moscow doesn't put an end to the conflict in Ukraine, North Atlantic Treaty Organisaiton (NATO) Secretary General Mark Rutte on Tuesday (local time) urged India, China, and Brazil to reconsider their economic relations with Russia, warning of potential secondary sanctions, reported Reuters.
United States President Joe Biden, who is under intense scrutiny over his advanced age, on Thursday introduced Ukraine's Volodymyr Zelenskyy as Russian President Vladimir Putin at a North Atlantic Treaty Organisation (NATO) event and later at a solo press conference in Washington, DC mixed up the names of his vice president, Kamala Harris with the Republican presidential candidate Donald Trump.
Tensions between the United States and Russia have reached new heights amid the ongoing Ukraine conflict, with a series of developments marking a dangerous escalation.
India-US relations, like Rome, were not built in a day, nor can they be demolished in a day.
All said and done, when the new global order emerges, India can only remain with the democracies, asserts Ambassador T P Sreenivasan.
Older Russians recall Mithun Chakraborty and the song Jimmy Jimmy Aaja from the movie Disco Dancer.
US Secretary of State Marco Rubio has said that the Trump administration hopes it can fix the "measures" it has taken with regard to India for its purchases of Russian oil.
India should simultaneously prioritise domestic exploration and production of more oil and gas in the country, and ensure we retain diversified suppliers for imports, points out former foreign secretary Ranjan Mathai.
Prime Minister Narendra Modi conveyed to Ukrainian President Volodymyr Zelenskyy that India remains committed to making every possible contribution for an early and peaceful solution to the conflict. Zelenskyy sought India's support in limiting Russian energy exports.
The trade relationship between India and the United States has been strained by the imposition of 25% tariff by the US on Indian goods.
Glimpses from India and around the world that will make you smile and cry.
Putin and Modi will discuss regional and global security, trade and all other topics on the agenda during their meeting, Peskov was quoted as saying by Russia's state-owned TASS news agency.
'Everybody in America loses because of what India is doing.'
One key development is the direct cargo connection between Chennai and Vladivostok, a crucial Russian port on the Northern Sea Route.
Prime Minister Modi will hold in-person meetings with President Putin for 8-9 hours during his nearly 24-hour stay in Russia, they said.
A meeting with Chinese President Xi Jinping on the sidelines of the SCO summit is being planned.
"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.
Notably, US President Donald Trump and his administration have continuously targeted India over its purchase of Russian crude oil. India, on the other hand, has always maintained that India's purchases are based on its domestic needs and economic security.
'As one former Indian diplomat put it to me, Delhi has access to the White House, but Islamabad has access to Mar-a-Lago.'
Former US National Security Advisor John Bolton says President Trump's personal relationship with Prime Minister Modi has deteriorated, potentially pushing India closer to Russia and China.
Or is he training for the Olympics in Paris this July?
Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to hold bilateral meetings on the sidelines of the SCO summit in Tianjin, as both nations look to strengthen ties amid global trade tensions.
Putin received more votes in comparison to the 2018 elections where he bagged 76.69 per cent of the total votes counted. The performance of the other candidates was lower than that of the previous competitors of Russian President Vladimir Putin in 2018, according to reports.
'There are times when India should stand up without hesitation and voice its indignation over the US' pressure tactic. This is one such moment,' asserts Ambassador M K Bhadrakumar.
Ukraine's Ambassador to India Oleksandr Polishchuk asserted that Kyiv "will not give up and will not accept any territorial concessions" amid the ongoing Russia-Ukraine war. He also suggested Moscow has benefitted from trading with New Delhi.
However, he suggested that Ukraine was also somehow involved.
There has never been a moment in India's history when it has been so adrift in the world, so confused about what it stands for and against and so humiliated, asserts Aakar Patel.
Both Putin and Zelenskyy have invited the prime minister to visit Russia and Ukraine respectively after the Lok Sabha elections, sources said, adding they see Modi as a "peacemaker".
The relations between New Delhi and Washington are on a downturn after Trump doubled tariffs on Indian goods to a whopping 50 per cent, including 25 per cent additional duties for India's purchase of Russian crude oil.
Using an expletive in his post on X, Navarro said, "Fact: India didn't buy Russian oil in large quantities before Russia invaded Ukraine. It's blood money and people are dying."
As the world continues to rage under the ongoing conflicts in Europe and the Middle East, the two presidential candidates in the United States, Vice President Kamala Harris and former President Donald Trump during the presidential debate hosted by ABC News on Tuesday (local time), presented their views on ending the conflict and Washington, DC's role in it.
'Personalities are temporary, policies provide for stability.' 'With the former, when personalities change so does the nature of the relationship.' 'Policies and structures, on the other hand, are idiot-proof, as well as maverick-resistant,' explains Saisuresh Sivaswamy.
Among Sensex firms, Bharat Electronics, Eternal, Mahindra & Mahindra, Kotak Mahindra Bank, Tata Motors and Power Grid were the gainers. However, Adani Ports, ITC, UltraTech Cement and Titan were among the laggards.
