After investing a staggering amount in May, foreign investors turned net sellers with a withdrawal of Rs 8,749 crore from the Indian equity markets in the first week of this month triggered by renewed US-China trade tensions and rising US bond yields. This momentum follows a net investment of Rs 19,860 crore in May and Rs 4,223 crore in April, data with the depositories showed.
'Today, I am taking new actions to restrict Iran's nuclear, ballistic missile, and conventional weapons pursuits. My Administration will never allow Iran to have a nuclear weapon, nor will we allow Iran to endanger the rest of the world with a fresh supply of ballistic missiles and conventional arms,' Trump said in a statement.
United States Secretary of State Hillary Clinton has warned Pakistan of "damaging consequences" over multi-billion gas pipeline with Iran, saying Islamabad could face sanctions if it went ahead with the ambitious project.
The United States on Wednesday warned Pakistan of "damaging consequences" if it went ahead with the ambitious Iran-Pak gas pipeline, which would be against the global sanctions against Iran.
The reports quoting unnamed senior administration officials came amid an increasing demand in this regard from US Senators even as the Trump administration called a meeting of the UN Security Council on Iran's ballistic missile tests.
The ballistic missile launch was the first by Iran since Trump became President.
'There are times when India should stand up without hesitation and voice its indignation over the US' pressure tactic. This is one such moment,' asserts Ambassador M K Bhadrakumar.
India and the US have collaborated through the past one month on launching a powerful satellite; are commencing joint production of GE Aerospace's F414 jet engines in India; India is participating in a massive three week-long military exercise in the Western Pacific, observes Ambassador M K Bhadrakumar.
Iran has complained of irregular shipments
The powerful United Nations Security Council on Monday unanimously adopted a resolution that endorses the landmark nuclear deal between Iran and six world powers.
If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.
The unexpected missile attack on a second India-bound ship carrying Russian crude, just three weeks after the first, has complicated matters for domestic refiners. India now counts the Vladimir Putin-led nation as its biggest oil supplier, according to Paris-based market intelligence agency Kpler, and these attacks come on top of US sanctions since December, where vessels that bring crude to India are facing heightened scrutiny. Panama-registered Pollux, which loaded crude at the Sheshkaris oil terminal in the Russian port of Novorossiysk on January 24, was scheduled to deliver the medium, sour Urals grade to Paradip port on February 28.
A lightweight in global sport, India is only behind Russia (167) and Italy (157), while Brazil (78) is at fourth and Iran (70) fifth.
'It is typical of China's strategic deception of making virtue out of necessity,' observes Rup Narayan Das.
However, they put in Rs 2,744 crore in the debt markets during the period under review.
The US is alarmed and appalled by reports of security authorities responding to university students' peaceful protests with violence and mass arrests.
India Wednesday described as unjustified the imposition of sanctions by the United States on two Indian firms for transfer of some chemicals to Iran and asserted that such transfer did not violate international obligations or regulations.
The United States has slapped sanctions on Iran's ministry of intelligence and security for its alleged support to terrorism, participation in the ongoing repression in Syria and human rights violations against its own people.
India on Wednesday termed as unjustified the American decision to impose sanctions on its two firms for supplying some chemicals to Iran, asserting that the transfer did not violate Indian regulations or its international obligations.
Her remarks assume significance as they come after the US told India and other countries to cut oil imports from Iran to "zero" by November 4 or face sanctions, making it clear that there would be no waivers to anyone.
Global football body FIFA has been urged by its own human rights advisory panel to give Iran a deadline for allowing women to watch football matches.
Khamenei said: "We do not violate the deal, but if the other party violates it, if they tear the agreement up, we will light it on fire."
Iran and Pakistan recently signed an export deal that commits Tehran to selling natural gas to Islamabad from 2014.
It issued the denial after top regulator threatened to revoke its licence and impose fines for helping Iran circumvent sanctions.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
The US president said new sanctions would be imposed, adding 'America will not be held hostage to nuclear blackmail'.
Iran is preparing for a trade and investment boom that could reshape the region after agreeing with world powers to curb its nuclear programme, paving the way for sanctions that have stifled its economy to be lifted.
The United States on Thursday put Iran "on notice" for test-firing a ballistic missile and warned of consequences for its "malign actions", signalling a more hardline stance against Tehran that could set the stage for renewed confrontation between the two nations.
Iran's seizure of a British-flagged oil tanker was allegedly due to a collision with an Iranian fishing boat, Iran's official news agency IRNA said.
Backing New Delhi's quest for a permanent seat in the UNSC, Rouhani asked why India, a nation with population of 1.3 billion, was not a member of the powerful club.
Interestingly, India had objected to the establishment of a UNHCHR when it was proposed by the US at the Vienna Conference on Human Rights in July 1993 and the whole proposal was remitted to the General Assembly in New York because India and others said that the whole issue should be examined in detail, says Ambassador T P Sreenivasan, who had led the Indian delegation for negotiating the terms of the HCHR.
The United States will soon impose more sanctions on Syria in response to a chemical attack blamed on President Bashar al-Assad's regime after an "overwhelming" successful military operation, the Trump administration officials said on Saturday.
Sanctions against North Korea following its H-bomb test could have serious repercussions and may prove disastrous for all the players involved, says Debalina Ghoshal.
Simon, who did not specify if he was referring to local organisers or FIFA in his reference to the tournament director, said the other six nations then decided to "show solidarity" and not wear it.
Indian Oil Corporation (IOC), the nation's top oil firm, has bought as much as 3 million barrels of crude oil that Russia had offered at steep discount to prevailing international rates, sources said. The purchase, made through a trader, is the first since Russia's February 24 invasion of Ukraine that brought international pressure for isolating Putin administration. Sources aware of the matter said IOC bought Urals crude for May delivery at a discount of $20-25 a barrel to dated Brent.
Salve said it is important to be 'positive' after such a positive ruling.
A US Congress-constituted quasi-judicial body on Wednesday asked the Joe Biden Administration to designate four nations, including India, as "countries of particular concern", alleging that religious freedom conditions there in 2020 continued their negative trajectory.
Taking advantage of a Russian offer to sell its crude oil cheap and bear the cost of insurance and transportation, India may import as much as 2 million tonnes (mt), or roughly 15 million barrels of crude, from the sanctioned nation in 2022, Business Standard has learnt. This comes after reports that Indian Oil Corporation (IOC) bought 3 million barrels of Russian Urals from trader Vitol for May delivery. This will be on cost, insurance and freight (CIF) model, where the seller incurs the costs and pays the freight, including insurance charges.
It is time the political leaderships in this country arrived at a common ground over issues of foreign and security policy concerns. There has to be a greater communication between the government and the Opposition leaderships for the nation to present a unified face against the rest of the world, advises N Sathiya Moorthy.
A few years ago, when top officials of Indian state-run refiners went to Dubai to negotiate a crude oil supply contract, a senior official from state-owned Saudi Aramco told them, "We can negotiate on anything, but I am the last man standing for you. "Nobody can offer the range of crudes we do with certainty," an official who was part of the negotiating team recalls. Perhaps that explains why Saudi Arabia is less concerned about losing its place as India's premier oil supplier to an upstart like Russia, which emerged from nowhere to become India's biggest crude oil supplier in September and October.
