Prices may go up because of higher energy costs, caused by the rise in shipping charges, with commercial vessels taking a longer route to avoid the troubled Red Sea region, the finance ministry said on Monday. Iran-backed Houthi rebels of Yemen are repeatedly attacking ships in the Red Sea. While the global economy is grappling with challenges such as sticky inflation, sluggish growth, and mounting fiscal pressure, India's external sector could face "potential risks" due to the ongoing geopolitical tensions, according to the finance ministry's report on the review of the Indian economy.
India's crude oil imports from Russia fell for a second straight month in January to its lowest in 12 months but the nation's insatiable appetite for Russian crude remains for the long term, according to data from energy cargo tracker and industry officials. Russia supplied 1.2 million barrels per day of crude oil to India in January, down from 1.32 million barrels in December and 1.62 million barrels in November 2023, according to data from energy cargo tracker Vortexa. Russia however continues to remain India's top oil supplier, accounting for a little less than a quarter of 4.91 million barrels a day of oil that the world's third largest energy consumer imported in January.
It would be Zelenskyy's first foreign trip since the Russian invasion in February, a surprise visit that could change security concerns.
Kevin de Bruyne came off the bench to inspire Belgium in a 2-1 comeback win over Denmark
'The consensus was that the debate was between looking backward and looking forward.' 'Trump, with his great enamourment of his own 'achievements,' was obviously looking backward, while Harris, nearly 20 years his junior, was focussing on the future, with hope,' notes Shreekant Sambrani.
Over 1,200 Indian students stranded at Zaporizhzhia in Ukraine make a desperate call for help.
Indian evacuation flights are operating out of Bucharest and Budapest. The government is not charging the rescued citizens for the evacuation flights.
"We realised no one is going to come to help us and it is up to us now," 20-year-old Ashna Pandita told PTI over the phone as the train took them to the western city of Ukraine, about 80 km from the Poland border, where the fighting has been relatively less.
Russia unleashed 35 kamikaze drones on Ukraine as many people slept, hitting critical infrastructure in and around Kyiv.
Allegations also cropped up against the local BJP MP that he did not respond to the SOS calls from the stranded students, a charge denied by the elected representative.
Trump also warned Russia that it should "get ready" for missiles to be fired at its ally Syria, in response to an alleged chemical attack.
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.
Biden, while not ruling out the meeting Putin at G20 meet, said that there are conditions attached.
The cancellation of UGC-NET, amid the raging row over NEET, led to questions being raised over National Testing Agency's (NTA) capability to conduct exams of larger magnitude.
A bench comprising Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Misra said Indian firms, involved in the export of arms and equipment to Israel, may be sued for breach of contractual obligations if they are stopped by it from supplying.
Zelenskyy says that despite Russia's claim it is attacking only military targets, civilian sites also have been struck.
It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.
Addressing mediapersons after the investiture ceremony of ARTRAC, Singh said the Army has to understand and study these scenarios so that it is prepared if it has to undergo a similar situation tomorrow.
What is being exposed is we have no real doctrine and no idea how to deal with the world, asserts Aakar Patel.
Prganisers will be on high alert to ensure the event goes off safely.
The Trump administration is confronting and countering malign Russian cyber activity, including their attempted interference in the US election, destructive cyber-attacks, and intrusions targeting critical infrastructure, said Treasury Secretary Steven T Mnuchin.
The only crime that I committed is to fearlessly defend our nation from those who seek to destroy it, Trump said.
Denmark is opposed to Russian athletes participating in the Paris Olympics next year even under a neutral flag
The White House is planning another set of sanctions on Russia. This is likely to be announced on Wednesday.
Russian President Vladimir Putin on Wednesday monitored drills of the country's strategic nuclear forces involving multiple practice launches of ballistic and cruise missiles, the Kremlin said.
The top diplomats of Quad nations on Friday denounced as "inadmissible" any use or threat of use of nuclear weapons in the Ukraine war and strongly opposed any "unilateral actions" that seek to change the status quo in the South and East China Seas, a region that has witnessed increasing Chinese military offensive.
Dayana Yastremska upset of twice former champion and 18th seed Victoria Azarenka.
On the Sensex chart, all 30 shares closed with gains -- with Bajaj Finance, SBI, Bajaj FinServ, L&T and Titan rising as much as 5.13 per cent. The BSE gauge Sensex zoomed past the 58,000-mark by rebounding over 1,700 points and the Nifty recaptured the 17,000-level on Tuesday after a massive plunge in the previous session. The 30-share Sensex surged 1,736.21 points or 3.08 per cent to end at 58,142.05 - recouping the losses suffered on Monday. Likewise, the NSE Nifty soared 509.65 points or 3.03 per cent to settle at 17,352.45.
The bill now heads to the White House for President Donald Trump's approval.
There were strong indications that the minister may announce the cancellation of the exam and action against NTA DG Subodh Kumar Singh, who was summoned by the ministry earlier in the day.
Ukrainian President Volodymyr Zelenskiy speaks in Russian during an address in Kyiv, Ukraine, February 24, 2022 in this still image taken from video. Ukrainian Presidential Press Service/via Reuters TV/Handout via REUTERS
Billionaire philanthropist George Soros believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government -- a statement which was strongly countered by BJP as an attack on Indian democracy.
The Russian missile strikes were in retaliation for the blast on a key bridge in Crimea.
China has signalled that it will prevent India from assuming leadership of the Global South, observes Ambassador T P Sreenivasan.
Kamala Harris and Donald Trump have sparred over all major issues, including United States foreign policy, economy, border security and abortion, during their first presidential debate that could alter the course of the race for the White House.
A step away from nuclear weapons being used in conflicts, warns Colonel Anil A Athale (retd).
'They only bring pieces. Dialogue is the only way forward.' 'We should get people who have influence to bring the community leaders to sit across the table and talk.' 'Otherwise, our adversaries across the borders will add fuel to the fire. Let's not give them a chance.'
Stepping up his attack on the Bharatiya Janata Party government, Congress leader Rahul Gandhi has alleged that the structures of Indian democracy are under 'brutal attack' and there is a full-scale assault on the institutions of the country.
Exhausted but elated, around 600 Indian students, who waged a tough battle for survival before being pulled out of war-battered Ukrainian city of Sumy, are now on way to Poland on a train from where they will be flown back home likely on Thursday.
Putin's idea was to attack his neighbouring country, he has to stop and then only we can find a solution, said the German ambassador.
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