The pro-Iran militia did not say who was responsible but Iraqi state television reported it was a US air strike.
Crowd roar as Xi opens Hangzhou Asian Games
The prime minister said India favoured creation of a buffer to meet any eventuality arising out of tensions in West Asia that could lead to prolonged supply shortages.
The headline HSBC Services Business Activity Index was at a 17-month peak of 54.4 in June rising from a modest 50.2 in May, HSBC said adding that 'the Modi wave has struck the service sector'.
It moved in a range of 63.54 and 63.81 per dollar during the day.
'If Trudeau chooses to repeat his allegations in his UN speech on Friday, it would create a whole new escalation.'
In comparison to other asset classes, globally, gold rallied significantly after many years to deliver 18.4 per cent returns in 2019.
'We can't be outliers. We can't be bystanders. We have to be players.' 'The Taliban also need India to balance the winners in this game.'
'It is only when Beijing sees a country with an infirm political will such as India that it acts up as the PLA has done in eastern Ladakh.'
On February 24, when Vladimir Putin announced a military operation on Ukraine, few would have thought that Indian government-owned GAIL India would feel the impact. The tensions over gas supplies were essentially a Europe-Russia problem, related to the sanctions western economies imposed on Moscow. But the EU depends on Russian imports for 40 per cent of its gas stocks, an over-dependence that Russia has underlined with Kremlin-owned Gazprom cutting its supplies through the Nord Stream 1 pipeline to 20 per cent, citing maintenance issues.
Foreign Direct Investment flows to India in 2021 were 26 per cent lower, mainly because large M&A deals recorded in 2020 were not repeated, the UN trade body has said.
Etihad wants to control a domestic carrier that can give it access to over 45 cities in India from where it can bring traffic to its hub in Abu Dhabi and beyond.
Oil prices jumped nearly $3 a barrel and gold and safe-haven bonds rallied on Friday after the killing of top Iranian commander Qassem Soleimani in an airstrike by the US in Baghdad.
To the extent the nuclear race in West Asia is slowed down by the Iran nuclear deal, the world as a whole has reason to be happy, says Virendra Kapoor.
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Silver declined by Rs 200 to Rs 38,550 per kg.
Globally, gold fell by 0.94 per cent to $1,094.20.
Imran Khan knows Pakistan is holding a strong hand and doesn't have to flaunt it while claiming victory. But Pakistan has learned from the experience of the 1990s -- high risk of going out on a limb, asserts Ambassador M K Bhadrakumar.
The rupee was trading lower at Rs 61.38 after dipping to 61.74 (intra-day).
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
Bullion traders attributed the rise in precious metal prices to emergence of buying by jewellers and retailers driven by ongoing 'Navratras', considered as an auspicious week for making new purchases according to Hindu mythology.
'The stage is set for increasing tensions in a highly volatile region as crucial as ever from a geopolitical standpoint,' predicts Claude Smadja.
The US actions can be seen as a riposte to India's neutral position on the Ukraine crisis, its continuing import of Russian arms and oil thus undermining Western sanctions, argues Colonel Anil A Athale (retd).
'While the US-Pakistan relationship has been stabilised, it's still mired in uncertainty.'
Geopolitical climate and equity markets as supportive for gold's role as a risk hedge.
'Despite the current tension at Doklam and the risk of escalation on the Himalayan land frontier, it is the Indian Ocean we need to worry about more,' says Nitin Pai.
The President, in a tweet, said that the 52 sites include some 'very important to Iran and Iranian culture'. The tension between US and Iran has escalated since the killing of powerful General of pro-Iran militia in Iraq.
The issues around trade gaps, especially around steel and aluminium tariffs imposed by the US, will be addressed separately.
Top members of the Asian Cricket Council (ACC), on Saturday, discussed the modalities of the 2014 Asia Cup tournament, which is to be hosted by Bangladesh for a second straight time, in February-March next year.
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
The present happenings in Manipur are the wages of continued neglect, and not so benign at that, of a vital region and its people. Had we lavished on the North East even a fraction of the care and resources we do on Kashmir, things would not have come to this pass, asserts Shreekant Sambrani.
Historically, tensions in West Asian regions have provided support to gold prices.
India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).
'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'
Forecasts of a further rise in bullion prices keep Indians away from selling gold.
The reduction of tension on the Chinese border may have reduced the urgency of a Biden-Modi meeting, but the sooner Modi starts a bromance with Biden the better as he had done with Obama and Trump, suggests Ambassador T P Sreenivasan.
India women's team sealed their qualification for the 2021 ODI World Cup following the cancellation of their Championship round against Pakistan with the BCCI not getting government clearance to play against their arch-rivals. The India vs Pakistan round was scheduled to take place between July and November last year but was always subject to government clearance. Both teams will share points for the cancelled three-match series.
New Delhi can strengthen its leverage by having better relations with the two than they have with each other.
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