Gold prices surged in futures trading due to escalating US-Iran tensions, driving demand for the safe-haven asset.
With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.
Union Minister Pralhad Joshi assures that the Indian government is prepared to bring back Indians stranded in the Gulf region due to the Iran-Israel conflict and disruptions in Dubai, emphasizing citizen safety as the top priority.
'In India, there is this first generation migrant, say from a small village in UP. He didn't go to the Gulf to buy a big house but make the life of his family better.' 'He may have paid 1 lakh rupees to an agent to go to the Gulf. Imagine what will happen to him and his family if he has to come back. He and his family will become poor again.' 'He went to the Gulf to come out of poverty, but this war will make his family trapped in poverty once again.'
India and France have elevated their relationship to a 'special global strategic partnership,' with increased cooperation in defense, trade, and technology. The leaders also inaugurated a helicopter assembly line in Karnataka.
Maharashtra Chief Minister Devendra Fadnavis dismisses the alliance between Uddhav and Raj Thackeray's parties as a move for political survival, asserting it won't significantly impact Mumbai's political landscape. BJP leader Ashish Shelar questions the motives behind the reunion, highlighting past criticisms and the Thackerays' changing stances.
MEA spokesperson Randhir Jaiswal said India's energy decisions are guided by national interest.
Will rising tensions between US-Israel and Iran threaten crude oil supply through the Strait of Hormuz, putting India's fuel prices, imports, and economic stability at risk?
Lovlina, Arundhati lead as India claim nine gold medals in BOXAM Elite 2026
Ukraine claimed responsibility after explosions hit the vessels on Friday and Saturday.
Lavrov said that the US has set itself the objective of 'achieving economic domination', adding further to it that Americans want to control the routes to leading countries to provide its energy sources to them.
India and the US have entered a new phase in their relationship, marked by greater parity, point out Harsh V Pant and Vivek Mishra.
Aryna Sabalenka will aim to take a huge stride towards a third Australian Open title in four years when the Belarusian top seed clashes with Ukraine's Elina Svitolina on Thursday in a semi-final simmering with geopolitical tension.
India and the US have agreed to a trade deal that will see Washington reduce reciprocal tariffs on Indian goods from 25% to 18%, according to US President Donald Trump. The deal also includes commitments from India to reduce tariffs and non-tariff barriers against the US and to increase purchases of American products.
The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.
Trump announced that India and the US agreed to a trade deal under which Washington will charge a reduced reciprocal tariff on Delhi, lowering it from 25 per cent to 18 per cent.
Animal companions are often excellent publicity vehicles for politicians and leaders.
European nations say their findings show that his death was not a natural result of ill health but the consequence of deliberate poisoning.
United States President Donald Trump on Thursday said he had a good meeting with Ukrainian President Volodymyr Zelenskyy, and his message to Russian President Vladimir Putin is that 'war has to end'.
Every UN secretary-general has flagged the financial situation, but Antonio Guterres has issued the direst warning yet, calling it a 'race to bankruptcy and of imminent financial collapse, points out Ambassador T P Sreenivasan.
Modi also said that President Trump's leadership is vital for global peace, stability, and prosperity.
Donald Trump is claiming he prevented a war between India and Pakistan, a statement that has been repeatedly made by the former US President despite denials from India.
EU leaders convened an emergency summit in Brussels to address transatlantic tensions as President Trump threatened new tariffs on member States linked to his Greenland acquisition demands.
Aryna Sabalenka swept to her fourth successive Australian Open final with a 6-2, 6-3 win over Ukrainian Elina Svitolina.
Coco Gauff's bid for a third Grand Slam title went up in smoke at the Australian Open quarter-finals with a 6-1, 6-2 defeat by Ukrainian Elina Svitolina on Tuesday, after the third seed enduring a nightmare on serve.
'For the first time in a hundred years, the army has been taken out of the political equation. And for the first time ever, there is only one man who calls the shots. Not even Mao had this kind of power.'
US Treasury Secretary Scott Bessent indicated a potential pathway to remove tariffs imposed on India for purchasing Russian oil, citing a significant decrease in such purchases. He also criticized Europe's approach and accused India of profiting from discounted Russian oil.
External Affairs Minister S Jaishankar conveyed a strong message to his Polish counterpart Radoslaw Sikorski regarding terrorism and the Ukraine conflict, emphasizing the need for zero-tolerance towards terrorism and criticizing the selective targeting of India.
The Kremlin states it has not received confirmation from India regarding a halt to Russian oil purchases, following claims made by former US President Donald Trump. Russia affirms its commitment to strengthening relations with India.
In the wake of the FTA between India and the European Union, the United States has described the Europeans as 'very disappointing', saying they were unwilling to join Washington, DC in putting tariffs on New Delhi for its purchases of Russian oil because of this trade deal.
The Kremlin has stated that India is free to purchase oil from any country, dismissing claims that India agreed to reduce Russian oil imports. Russia maintains that energy trade with India benefits both nations and contributes to international energy market stability.
Russian President Vladimir Putin, in a phone call this past week with United States President Donald Trump, demanded that Kyiv surrender full control of Donetsk, a strategically vital region in eastern Ukraine, as a condition for ending the war, said two senior officials familiar with the conversation, the Washington Post reported.
Rahul Gandhi said that had an INDIA Bloc government negotiated the trade agreement with the US, it would have told US President Donald Trump that he should treat India as an equal.
Trump called for immediate negotiations for the US to acquire Greenland from Denmark, describing the country as ungrateful, during his speech at Davos.
A 22-year-old man from Gujarat's Morbi town, captured by Ukrainian forces while fighting for the Russian military, has sent a video message to his family here, making an emotional appeal for help from the Indian government for his release.
United States President Donald Trump has backed a sanctions bill that could impose 500 per cent tariffs on countries buying Russian oil, giving the White House leverage against countries like China and India to stop them from purchasing cheap oil from Moscow.
The Milano Cortina Winter Olympics commenced with a vibrant opening ceremony, showcasing Italian culture and athletic spirit, while also highlighting global political tensions through crowd reactions and protests.
Trump has approved sharing targeting data with Ukrainians as the administration weighs sending powerful weapons, the news outlet reported on Wednesday (local time).
India was among the countries not present in Davos when US President Donald Trump unveiled his "Board of Peace" that seeks to work towards bringing lasting peace to Gaza and possibly resolve global conflicts. India is yet to take a call on it, people familiar with the matter said when asked about Trump's invite to PM Modi.
Over the years, India-EU ties have grown, and covered trade, investment, climate change, science and technology, space, digital, mobility, and connectivity.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances