'Geopolitical stability could remove the crude oil risk premium.'
India and Russia always stood "shoulder-to-shoulder" even in the most difficult situations, Prime Minister Narendra Modi told Russian President Vladimir Putin on Monday, against the backdrop of possibly the worst phase in New Delhi's ties with the US in over two decades.
US President Donald Trump claims India has significantly reduced and nearly stopped purchasing oil from Russia, citing de-escalation efforts. This follows previous tensions over tariffs and India's energy sourcing.
Gold prices rallied for the third straight day and gained Rs 2,600 to hit a fresh lifetime high of Rs 1,26,600 per 10 grams in the national capital on Wednesday in line with strong global trends amid looming geopolitical uncertainties triggered by the prolonged shutdown of the US government.
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.
France's perfect record in their World Cup qualifying campaign ended as they were held to a 2-2 draw away to Iceland who got a late equaliser in an entertaining Group D clash on Monday.
With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal
Ukraine will face Belgium, Romania and Slovakia in Group E. Although the Belgians are the group favourites, Ukraine are well-equipped to reach the knockout stage by finishing second.
Reliance Industries Ltd has consistently remained compliant with international sanctions and is expected to adhere to upcoming measures on Russian oil, analysts said, estimating that oil sourced from Russia contributes just 2.1 per cent to its consolidated EBITDA. Reliance operates the world's largest single location refining complex, with more than half of the capacity exclusively dedicated for exports.
Ukraine claimed the gold medal in the women's sabre team event as they rallied to edge South Korea in a thrilling final bout at the Paris Games on Saturday.
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.
US Secretary of State Marco Rubio claims President Donald Trump was instrumental in bringing about the cessation of hostilities between India and Pakistan, a claim India has consistently denied.
Ukrainian President Volodymyr Zelenskyy on Saturday reaffirmed his commitment to the country's territorial integrity, insisting that Kyiv continues to claim all territories now under Russian control, RT reported.
From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.
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.
Putin's remarks came within two weeks after Prime Minister Narendra Modi's historic visit to Ukraine where he held talks with President President Volodymyr Zelenskyy.
US President Donald Trump has repeated his claim of "stopping" the conflict between India and Pakistan through trade and tariffs, and suggested he deserves the Nobel Peace Prize for settling multiple conflicts.
Ukraine is currently in the middle of a strategic offensive into Russia's Kursk region.
United States Secretary of State Marco Rubio on Thursday (local time) hailed India as 'one of the top relationships that the US has in the world today' during the Senate confirmation hearing for Sergio Gor, US President Donald Trump's nominee for US Ambassador to India.
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.
Miller said that US President Donald Trump has a 'tremendous' relationship with Prime Minister Narendra Modi, and that the peace options for the region are on the table.
Zelenskyy said on the same day that 37 people, including three children, were killed and 170 others were injured due to Russia's missile strike at the largest children's hospital in Ukraine's capital city Kyiv.
Trump also said he is "very disappointed" that India would be buying "so much oil" from Russia.
Spain secured their place at the 2026 World Cup after a nervy 2-2 draw with Turkey in Seville on Tuesday.
"India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," Trump said in a social media post on Monday.
The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.
Vaishali knew she had to win to remain in contention and her approach right from the start was in sync with the requirement of the tournament situation.
Glimpses from India and around the world that will make you smile and cry.
Sullivan remarks come amid the rising friction between Washington and New Delhi due to the 50 percent tariffs imposed on Indian goods, which include a 25 percent penalty for buying Russian oil.
Though he does not know what New Delhi is intending to do, Berlin would "welcome any engagement", he added.
Dharambir and Atul win silver and bronze for India in World Para Athletics C'ships
India and the UK have announced a series of defence cooperation initiatives, including a USD 468 million deal for the supply of lightweight multirole missile systems to enhance India's air defence capabilities.
'India is cosying up to Xi Jinping. They don't need the Russian oil. It's a refining profiteering scheme.'
Lutnick said that these countries have to understand that if "you want to sell to the US consumers, you've got to play ball with the President of the United States."
Bulgaria's Ruzhdi claimed his sixth successive gold medal in the men's shot put F55 competition with a world record throw in the World Para Athletics Championships in New Delhi on Sunday.
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.
Australian Nicola Olyslagers took silver and Ukraine's Iryna Gerashchenko and Australian Eleanor Patterson shared the bronze.
Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.
Substitute Roman Yaremchuk kept Ukraine in Euro 2024 contention with a goal 10 minutes from time to beat a shell-shocked Slovakia 2-1 on Friday
Lieutenant General Vinod Khandare (retired), former principal adviser to the Ministry of Defence, discusses the implications of Operation Sindoor, including its impact on India's diplomatic relations and the need for improved civil defense.
