A top military official has revealed details about India's proposed air defence system, Sudarshan Chakra, describing it as a comprehensive system that will include counter-drone, counter-UAV, and counter-hypersonic capabilities.
With United States President Donald Trump reiterating his claims of brokering a ceasefire between India and Pakistan, the Congress on Wednesday asked what do the 'typically loquacious' Prime Minister Narendra Modi and External Affairs Minister S Jaishankar have to say about this revelation and did they 'mortgage' India's security interests in the face of US 'pressure'.
OOn Sunday, September 1, 2024, for the first time since the Russian invasion took place over two years ago, Ukraine Fashion Week returned to Kyiv.
India and Russia are poised to sign multiple agreements to bolster cooperation in various sectors, including trade and healthcare, during Russian President Vladimir Putin's visit to New Delhi. Discussions will also address the Ukraine conflict and efforts to increase Indian exports to Russia.
India's exports are unlikely to get an immediate boost from a depreciating rupee, which touched an all-time low on Monday, driven by rising commodity prices. The rupee fell to 76.97 against the dollar earlier in the day, settling 1.05 per cent weaker than the previous close. Oil prices soared to their highest since 2008 on Monday at $139 per barrel, after the US and European allies explored a Russian oil import ban, while delays in the potential return of Iranian crude oil to global markets increased supply fears.
United States President Donald Trump once again mounted a sharp attack on India and Russia for their close ties and said that the two countries can take their 'dead economies down together'.
President Trump addresses questions about US imports from Russia and India's stance on purchasing Russian oil, hinting at potential tariffs.
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.
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.
From Rs 73k to over Rs 1.2L between January-December 2025 -- is buying gold in 2026 still sensible?
India and Russia have solidified a five-year plan to enhance their economic and trade partnership, while also addressing the ongoing conflict in Ukraine and the threat of terrorism.
The order also pauses "hundreds of millions of dollars in aid through the Ukraine Security Assistance Initiative, which provides funds that Kyiv can use only to buy new military hardware directly from US defence companies."
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.
Trump's new rules for how countries should treat him have led to the current breakdown in India-US relations, explains Ambassador T P Sreenivasan.
Global rating agency Moody's on Monday said the high commodity prices and supply chain disruptions due to further escalation in the Russia-Ukraine crisis could expose about 42 per cent of rated Indian companies to significant risks. They are mainly in the oil and gas and automotive sectors. The impact may be seen under two scenarios: first, revised base line and second being downside economic scenarios incorporating a global recession and a more severe liquidity squeeze, it said. The military conflict between Russia and Ukraine is impacting companies in Asia Pacific, adding to existing challenges from supply chain disruption and the coronavirus pandemic.
Zelenskyy confirmed that the soldiers, despite being wounded, have been transported to Kyiv and are now in communication with the Security Service of Ukraine.
The ongoing conflict between Ukraine and Russia is unlikely to have any major impact on the Indian rupee and the forex volatility in the country (USD/INR) has been much less now as compared to the global financial crisis which took place in 2008, SBI said in its Ecowrap research report. The report said that though the conflict between the two CIS nations may drag on for now, it is expected that the USD/INR, the most tracked pair in the local forex market, will trade at an elevated zone. But ideally, the expected average range of the rupee is expected to be in the band Between Rs 76 to Rs 78 to the USD with an appreciated bias.
The Border Security Force (BSF) is training specialized 'drone commandos' and 'drone warriors' for modern warfare, with plans to deploy them in missions like Operation Sindoor. A 'School of Drone Warfare' has been inaugurated to provide training in UAV operations, anti-drone warfare, and surveillance.
Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.
One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.
There is positive sentiment for Tata Steel on the basis of strong domestic demand, a turnaround of European operations and moderate valuations. A combination of capacity expansion, efficiency gains, higher asset utilisation, and improved operating leverage may lead to margin expansions.
Reliance Industries' refining earnings will remain steady, supported by its position as India's largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Reliance imported more Russian barrels than any other Indian refiner in the past eight months, according to data from Bloomberg/Kpler.
External Affairs Minister S Jaishankar has called on Brazil, Russia, India, China, South Africa (BRICS) to defend the multilateral trading system amid increasing protectionism and tariff volatility during a meeting of the bloc's foreign ministers in New York on the sidelines of the United Nations General Assembly session.
'Russia is aiming at demoralising Ukraine as a nation.' 'They want to bomb the infrastructure, the electric stations so that regular citizens will not to be able to live, to cook, to give comfort to their kids.'
US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.
President Donald Trump has withdrawn the United States from over 60 international organisations, including United Nations bodies and the India-France-led International Solar Alliance, calling the institutions 'redundant' and 'contrary' to America's interests.
The Ukrainian President's remarks come amid US President Donald Trump's criticism of India and China, labelling the countries as "primary funders" of the ongoing war in Ukraine.
Glimpses from India and around the world that will make you smile and cry.
Jet Airways is looking to lease around 20 Airbus A320 aircraft from lessors by 2024 as it aims to restart operations and fly international routes in the next one-and-a-half years. Jet's A320 aircraft fleet, according to sources, will be a mix of the Ceo and the more fuel-efficient Neo variants. These planes were originally intended for Russian airlines but could not be delivered following western sanctions on Russia over its Ukraine invasion.
'India is cosying up to Xi Jinping. They don't need the Russian oil. It's a refining profiteering scheme.'
The Congress party has criticized Prime Minister Narendra Modi following repeated claims by former US President Donald Trump that he brokered peace between India and Pakistan.
"Why do we have to bother ourselves and correct somebody else's mistakes?" Putin asked during an interview.
The statement did not name any country. But the US has often blamed India and China for purchasing Russian oil even when there are no tariffs on Beijing for it.
US President Donald Trump, who has campaigned aggressively this year for a Nobel Peace Prize, was given FIFA's inaugural peace prize for his efforts to promote dialogue and de-escalation in some of the world's biggest hotspots.
United States Treasury Secretary Scott Bessent has warned that the secondary tariffs on India could go up if 'things don't go well' during talks between President Donald Trump and Russian President Vladimir Putin in Alaska on Friday.
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.
India has expressed concern over the increasing number of Indian nationals serving in the Russian Army and has urged Moscow to halt the recruitment of Indians into its military.
An inconclusive end to this war will pose high risk for Netanyahu of a cascading demand for a regime change in Israel, predicts Ambassador M K Bhadrakumar.
China has reacted positively to Russian President Vladimir Putin's visit to India, emphasizing the importance of trilateral ties between China, Russia, and India for regional and global peace and stability.
Singh and Shoigu held extensive talks, covering the regional security situation and key aspects of bilateral defence relations, including industrial partnership, at a meeting on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) in New Delhi.
