Amidst escalating tensions with Iran, the US has granted India a temporary 30-day waiver to continue purchasing Russian oil, aiming to stabilise global energy markets and encourage future US oil imports by India.
The US has granted India permission to buy Russian oil already in transit to ease global supply pressures amidst the West Asia conflict. This decision comes after India agreed to halt sanctioned Russian oil purchases and substitute them with US oil.
Four Indian medical students injured in a stabbing attack at a Russian university are reported to be stable and recovering well. The attacker, a 15-year-old, is also hospitalized.
Russia has expelled a British diplomat, Gareth Samuel Davies, accusing him of spying and working for UK secret services. The UK's Charge d'Affaires was summoned, and a formal protest was lodged. Russia warned of retaliation if the UK escalates the situation.
'The contours of the trade deal need to be reworked now.'
Days after Russia alleged that Ukraine targeted President Vladimir Putin's official residence in a drone attack, Russian authorities on Thursday said they had shared what they described as evidence related to the incident with the United States, Anadolu Agency reported.
Indian exports to the US will face a 10% tariff, down from 25%, for 150 days following a US Supreme Court ruling. However, uncertainty persists due to potential further tariff hikes and long-term implications.
Russian President Vladimir Putin arrived in New Delhi for a two-day visit focused on strengthening ties with India, including defense cooperation and trade, amidst a changing geopolitical landscape.
'We expect modest returns in 2026 versus the steep gains seen over the past few years.'
India has confirmed that 12 Indian nationals have died while serving in the Russian military during the ongoing conflict in Ukraine. Another 16 Indians, who were serving in the Russian armed forces, are listed as missing by Russia. The Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said a total of 126 Indians were serving with the Russian military and 96 of them have so far been discharged.
External Affairs Minister S Jaishankar criticizes Pakistan's attempts to protect a terror group at the UN Security Council, highlighting the need for urgent reforms within the global body.
Among Sensex shares, Sun Pharmaceutical, Tata Steel, Trent, Bajaj Finance, Mahindra & Mahindra, Bajaj Finserv, Reliance Industries, Axis Bank, Tech Mahindra, Adani Ports, Titan, BEL, and Larsen & Toubro were the major laggards. However, Hindustan Unilever, Maruti Suzuki India, ITC, Tata Consultancy Services and UltraTech Cement were the gainers.
'Non-compatible with Western Civilization' is about as vague and jingoistic as it gets and Trump saying this gives full license to his acolytes to go full throttle on making life as difficult and scary as possible for as many non-white people as possible,' notes Sree Sreenivasan.
The Indian side is in "very close touch" with interlocutors in the foreign and defence ministries of Russia on the issue of Indians "who were, illegally or otherwise, contracted into fighting in the Russian Army", Misri said at a media briefing on Modi's visit to Russia for the BRICS Summit.
'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.
The unusual security measure was said to be aimed at preventing foreign powers from obtaining information about the Russian leader's health.
Gold prices are likely to remain in a consolidation phase in the near term, but the overall bias will continue to stay positive amid heightened expectations of a US Federal Reserve rate cut in its September policy meeting, analysts said. Traders will closely track US macroeconomic data, such as Q2 GDP, PCE inflation, and speeches from Fed officials, which will provide more insights into the monetary policy stance of the Federal Reserve and the trajectory of the bullion sentiment, they added.
Indication of a potential US Federal Reserve rate cut may trigger optimism in the domestic equity market, with investors' attention shifting to the looming deadline for additional US tariffs on Indian goods in a holiday-shortened week ahead, analysts said.
A fire erupted in Russia's Kursk Nuclear Power Plant on Sunday after Ukraine launched a drone attack at one of Russia's biggest nuclear power plants, damaging a transformer and causing a fall in the output of one of its reactors by 50 per cent, Anadolu Agency reported, citing the plant's press service.
No experts, clearly, were involved in the design of these new tariffs, which have been the subject of bemused wonderment across the world in how completely they ignore logic, rationality, fairness, and economic theory, observes Mihir S Sharma.
Glimpses from India and around the world that will make you smile and cry.
Since April this year, the ministry of defence of the Russian Federation has stopped recruiting citizens of a number of foreign countries, including India, into the military service, it said.
The Trump administration is proposing to limit the duration of visas for foreign students and media personnel in the US, potentially impacting their ability to stay in the country.
Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.
India and the US have collaborated through the past one month on launching a powerful satellite; are commencing joint production of GE Aerospace's F414 jet engines in India; India is participating in a massive three week-long military exercise in the Western Pacific, observes Ambassador M K Bhadrakumar.
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.
Glimpses from around the world that will make you smile and cry.
'Just as we cannot surrender the interests of our farmers and dairy industry, Trump is also looking for markets for the produce of the farmers in the Midwest, which are his support base.'
French police have arrested a Russian man suspected of planning to destabilize the Olympics.
On Monday, the Polish eighth seed found her grasscourt wings to fly into the Wimbledon quarter-finals with a soaring 6-4, 6-1 victory over Danish 23rd seed Clara Tauson.
Tourists hesitant to visit America due to frequent policy changes there.
Novak Djokovic reached the Wimbledon quarter-finals for the 16th time but it proved a hard day's work at his Centre Court office.
The Ukrainian Air Force on Thursday said that Russia launched a massive missile attack on the city of Dnipro, involving intercontinental ballistic missile (ICBM).
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
The residential building in the town of Chasiv Yar was hit on Saturday evening as Russia ramped up its assault on cities and towns in eastern Ukraine in an attempt to take control over the entire Donbas area.
'Putin will not be bound by any kind of deal he would sign with the US.'
Russia's Defence Ministry on Saturday said that they are pulling back forces from two areas in Ukraine's Kharkiv region where a Ukrainian counteroffensive has made significant advances in the past week.
The Reserve Bank of India (RBI) has given its approval to two Russian banks for opening special vostro account for rupee trade. Sberbank, JSC VTB - the largest and second largest bank of Russia - are the first foreign lenders to receive this approval after the central bank announced the norms on INR trade in July. Both lenders have branch presence in India. Earlier this month, state-run UCO Bank received the RBI's approval to open a special Vostro account with Gazprombank of Russia. While the Kolkata-based lender is in the process of opening the account, the bank has received requests from various foreign lenders for opening such an account.
It was Roger Federer's fastest defeat since losing to Franco Squillari in 54 minutes in Sydney in 2003.
In response to a question about whether US citizens should be concerned about a nuclear war breaking out, Biden said "no."
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