India possesses approximately 100 million barrels of commercial crude oil stocks, capable of covering 40-45 days of its requirements if flows through the Strait of Hormuz are disrupted, according to Kpler.
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.
'Strikes into the Gulf countries are proof that the security guarantees offered by the US are ineffective and that the Gulf countries cannot rely on American security assurances for their safety.'
Analysts predict India will face oil price volatility and macroeconomic effects due to the escalating Iran crisis, though the country's oil supply chain is not yet structurally insecure.
An Indian national fighting alongside the Russian military surrendered to Ukrainian forces. The individual, identified as Majoti Sahil Mohamed Hussein from Gujarat, claimed he was forced to join the Russian military to avoid prison after being convicted on drug-related charges.
Manchester City manager Pep Guardiola says he will continue speaking out on global violence and humanitarian crises, using his platform to advocate for victims from Palestine to Ukraine.
In the Indo-Pacific's new era -- where perception shapes reality faster than treaties -- the real entrapment is not of China or the United States. It is the test Japan has set for itself -- and whether partners like India, acting as balancers rather than accelerants, can help ensure that the story ends in stability, points out Varun Arya.
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.
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.
'No one can or will bar India from pursuing its energy goals as it wishes.' 'The US FTA wording may sound more restrictive, but the underlying reality will not undermine India's sovereign energy decisions.'
India has stated it will wait for the outcome of the elections in Bangladesh and the resulting mandate before addressing any existing issues. The country also affirmed its support for free, fair, inclusive, and credible elections in Bangladesh.
United States President Donald Trump yet again claimed to have discussed with Prime Minister Narendra Modi about India's import of Russian oil, he told reporters on Tuesday after the Diwali celebrations at the Oval Office.
'I suspect that Bangladesh being given permission stuck in India's official craw, and this story was an attempt to balance the scales by giving the impression that a similar waiver had been given to India as well.'
India and the US have entered a new phase in their relationship, marked by greater parity, point out Harsh V Pant and Vivek Mishra.
'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.'
Private-sector oil refiner Reliance Industries Limited (RIL) last week received a general licence from the United States (US) government to buy Venezuelan oil, an industry executive said.
'We need to give Pakistan something serious to think about on its eastern front -- that is the only way to actually help Afghanistan right now.'
India and Russia have agreed to jointly produce a twin-engine narrow-body passenger aircraft for short-haul flights, marking a significant step in their strategic ties. Hindustan Aeronautics Ltd (HAL) and Russia's Public Joint Stock Company United Aircraft Corporation (PJSC-UAC) have signed an agreement for the production of SJ-100 aircraft in India.
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.
The Kremlin has confirmed that Russian President Vladimir Putin has received an invitation to join US President Donald Trump's Gaza Peace Board and is currently considering the offer.
The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.
Trump says Putin and Zelenskyy would be stupid if they don't end the war now, and that he knows they are not stupid.
Modi also said that President Trump's leadership is vital for global peace, stability, and prosperity.
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.
India clarified its absence from a South Africa-initiated naval wargame, stating it was not an institutional BRICS activity. The exercise involved navies from China, Russia, Iran, and others, amid rising tensions in Iran.
Zelenskyy also stated that documents being drafted with Washington, DC to end the war were close to completion.
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.
What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.
United States President Donald Trump on Tuesday boasted about India-US defence cooperation, claiming that India's order for 68 Apache attack helicopters was delayed by five years and that Prime Minister Narendra Modi personally raised concerns over the long delivery period during a meeting with him.
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.
India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.
India will restrict crude oil purchases from Russia as part of an agreement reached with the US in exchange for lower trade tariffs, sources said, adding imports will continue for now by refiners such as Nayara Energy, which have no other alternative source. US President Donald Trump announced overnight that the United States will cut the reciprocal tariff on imports of Indian goods to 18 per cent from 25 per cent under a broader bilateral understanding.
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?
Russia has offered India cooperation in localising large and small nuclear power plants as part of a civil nuclear energy collaboration between the two countries. The offer was made during a meeting at the IAEA General Conference in Vienna.
The nations dominating the world's milk output...
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.
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.
While Infosys never had a presence, Wipro's Venezuelan unit was liquidated many years ago.
After the US Supreme Court struck down President Donald Trump's global tariffs, Congress leader Rahul Gandhi accused Prime Minister Narendra Modi of being "compromised", saying his "betrayal" in the India-US interim trade deal stood exposed.
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