Pakistan and the European Union have agreed to enhance their cooperation in combating terrorism across all forms. This commitment was solidified during the 10th Pakistan-EU Bilateral Counterterrorism Dialogue in Islamabad, where both sides condemned terrorism and discussed evolving threats, including those in cyberspace. They also expressed concern over the security situation in Afghanistan and pledged to work together in multilateral forums.
'The political leadership is very clear that we have to move towards the integration of the three services into theatre commands.'
Despite recent foreign portfolio outflows, India's long-term investment prospects remain strong, but the return of capital hinges on global financial conditions, relative valuations, and the country's ability to attract sustained foreign investment, according to foreign bankers at the Business Standard BFSI Insight Summit.
US President Donald Trump has threatened the European Union with "very heavy tariffs" if he perceives their actions as hostile, specifically in response to Canada's efforts to deepen economic and strategic ties with the EU. This comes as European Commission President Ursula von der Leyen invited Canada to become the EU's first "associate member" to strengthen resilience amid global trade uncertainties and US trade policies.
US Secretary of State Marco Rubio's visit to India this week underscores the complex dynamics of global energy policy, as Washington re-evaluates sanctions on Russian oil buyers amidst India's continued reliance on Russian crude.
'Therefore, Beijing comes to wrong conclusions.'
AM Green Ammonia has won the Asian lot in H2Global's auction, securing a 10-year agreement to supply renewable ammonia to Germany, valued at over 585 million euros. This deal positions India as a significant exporter of green molecules, with production slated for AM Green's Kakinada project, utilising renewable power and aiming for 2029 deliveries.
IT Minister Ashwini Vaishnaw announced that the Indian government will release a consultation paper on AI regulations within a month. This framework will address critical aspects like AI safety, deepfakes, and a human-first approach, emphasising the industry's primary responsibility in ensuring safe AI deployment. The move comes amidst growing global concerns over AI risks and the need for robust safeguards.
Over 160 Irish sports personalities, including Olympians and former professionals, have signed an open letter urging the Ireland national football team to boycott upcoming UEFA Nations League fixtures against Israel.
India's government is set to release its draft National Steel Policy for public consultation, aiming for over 600 million tonnes of steelmaking capacity and 500 million tonnes of consumption by 2047. The policy will also introduce a ~5,000-crore scheme to incentivise small steel producers for carbon emission reduction and address challenges like raw material availability and technological dependence.
Kazakh businessman Timur Turlov has been elected the new president of the world chess governing body FIDE, succeeding Arkady Dvorkovich. Turlov won a closely contested election against German entrepreneurs Wadim Rosenstein and Jan Henric Buettner, securing a four-year term. His victory comes amidst scrutiny over Russian influence and FIDE's financial independence, with Turlov campaigning on expanding digital reach and supporting smaller federations. He also addressed concerns about his ties to the outgoing administration and FIDE's commercial partner, Freedom Holding Corp.
The United States and the European Union have strongly criticised India's trade policies at the World Trade Organization review, highlighting concerns over high tariffs, quality-control orders (QCOs), and restrictions on digital trade and services, which they argue undermine India's economic openness.
Experts at a national symposium in Shillong discussed the role of Artificial Intelligence in tourism, emphasising that AI should support human judgment, local knowledge, and cultural values rather than replace them. Discussions highlighted the need for robust policies to address ethical concerns, safeguard livelihoods, and preserve cultural heritage while leveraging AI for innovation and sustainability in the tourism sector, particularly in Meghalaya.
Bengaluru-based Remidio Innovative Solutions has secured a patent from the Japan Patent Office for its deep learning system that automates retinal image capture. This new patent enhances their existing intellectual property in Japan, strengthening their integrated AI platform and making retinal screening more accessible and cost-effective.
An Indian sailor was killed and several others rescued during an anti-piracy operation in Somalia. Security forces retook control of the hijacked fuel tanker MT Honour 25, apprehending 16 suspected pirates. Other Indian seafarers from different vessels were also safely repatriated amidst a resurgence of piracy in the region.
Industry experts advocate for India to develop its own artificial intelligence (AI) safety framework, distinct from US or EU models, to address unique challenges like deepfakes and cyberattacks. They call for a comprehensive commitment involving all stakeholders and a hybrid regulatory approach combining voluntary and binding measures, as the Indian government also considers new AI regulations.
India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.
The Chintan Shivir is expected to discuss the progress of government schemes, policy implementation, time management, inter-ministerial coordination, and public service delivery, among others.
An American Boeing C-17A Globemaster III military transport aircraft reportedly landed in Moscow on Monday morning, according to online air traffic monitoring systems, Russian news agency TASS reported.
Trump has announced an 'Infinite Life' agreement with Denmark and Greenland, claiming it grants the United States permanent control over security and the ability to prevent adversaries from establishing a military presence or making sensitive investments on the strategically vital Arctic island.
This might lead to a further outburst, flooding downstream if left unchecked.
Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.
The United States has announced a new round of trade measures against Canada, including bans on Canadian dairy, alcoholic beverages, and motorcycles, and reshuffled existing tariffs. This escalation comes after Canada imposed retaliatory tariffs on American goods. The US administration cited Canada's retaliatory actions as the trigger, contrasting it with other nations that chose negotiation over retaliation.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
Polish envoy Piotr Antoni Switalski stated that Poland stands with India in the fight against terrorism, asserting his country's support for India's right to pursue terrorists globally, while also highlighting strong cultural and defence ties between the two nations.
Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.
The death toll in the massive flash floods in Nepal on Thursday rose to 270, as authorities in Nepal race against time to find thousands of missing people, including 288 Indian tourists, in one of the country's worst disasters in recent years.
Nepal's devastating flash floods have claimed 1,127 lives, with thousands still missing a week after the disaster. Rescuers are intensifying efforts to find survivors and recover bodies across affected regions, while police work to identify victims and relocate families from high-risk areas.
The FIDE elections will see three Indians, including chess legend Viswanathan Anand, vying for crucial leadership positions amidst a complex electoral landscape and a high-stakes three-way presidential battle.
Five-time world chess champion Viswanathan Anand has been appointed interim president of the world chess body FIDE. This follows the stepping aside of incumbent president Arkady Dvorkovich, who was included in the European Union's sanctions list due to the Russia-Ukraine war. Dvorkovich plans to challenge the sanctions, which he deems unfair.
The White House has launched a major crackdown on the 'Great Transhipment Scam', accusing India and over 40 other nations of helping Chinese exporters bypass US tariffs by misrepresenting the origin of goods. The US plans to use AI-driven monitoring and anti-transhipment clauses in future trade agreements to strengthen enforcement.
Former World Champion Viswanathan Anand has reversed his earlier decision not to seek another term and will contest the election for the FIDE Deputy President's post.
A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.
'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
'Tariff action relating to the excess-capacity investigation will be even more susceptible to judicial overturn.'
Former World Chess Champion Viswanathan Anand has been appointed Interim President of the International Chess Federation (FIDE) after incumbent Arkady Dvorkovich voluntarily stepped aside due to his inclusion in the European Union's sanctions list.
A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.
FPIs have already withdrawn Rs 2.6 trillion from Indian equities in 2026, exceeding the outflows recorded in any previous full calendar year.
Several explosions were reported in Damascus, Syria, on Tuesday, with two occurring near a hotel where French President Emmanuel Macron was expected to stay during his first official visit to the country. The blasts caused plumes of smoke but no immediate casualties were reported. This incident follows a recent bomb blast in central Damascus on July 3 that killed five people.
Poland's Secretary of State, Wladyslaw T Bartoszewski, has credited Prime Minister Narendra Modi with preventing Russian President Vladimir Putin from using tactical nuclear weapons in Ukraine in late 2022, highlighting Modi's significant influence on the Russian leader.
