The latest flashpoint in West Asia has derailed India's preliminary plans to resume crude oil imports from Iran, officials said. In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had been studying proposals for the same, given that India was trying to expand sources of imports. "We are always monitoring the situation when it comes to crude flows.
A brief clash erupted on the India-Bangladesh border near a BSF border outpost on Saturday morning after an altercation between farmers from both countries escalated. The situation was swiftly brought under control following the intervention of the Border Security Force (BSF) and Border Guard Bangladesh (BGB). The incident occurred near the Sukdevpur border outpost area where fencing work was recently paused after the BGB claimed it was being conducted on Bangladeshi territory. The clash began when Indian farmers accused Bangladeshi farmers of stealing crops, which quickly escalated into a verbal argument and then a physical confrontation with both sides throwing stones at each other. The BSF and BGB worked to de-escalate the situation and disperse the farmers, and there have been no reports of injuries. The BSF has requested Indian farmers to avoid getting involved in border disputes and to report any farming-related issues directly to BSF personnel. The BGB has also taken steps to manage the situation on their side of the border. The situation on the border is now under control.
The Akhil Bhartiya Gau Sewa Foundation has organised an ambitious 180-day journey to raise awareness about cow protection across India, including in Jammu and Kashmir.
'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'
'Trump administration wanted a positive tone at this summit, but there was still some anxiety that there could be some awkward moments -- and there were not.'
Bus services between Karnataka and Maharashtra have been suspended following attacks on buses and their crew. The decision was taken given the tension prevailing in the border district of Belagavi over a sensitive issue. The language row began after a group of people allegedly intercepted a KSRTC bus and assaulted its conductor and driver for not speaking to a passenger in Marathi. The passenger, a minor girl, also filed a complaint stating that the conductor misbehaved with her. However, the family of the minor girl has decided to withdraw the case and urged people to stop escalating the matter into a language dispute between Karnataka and Maharashtra.
'The escalation of tension along the border of Ukraine with the Russian Federation is a matter of deep concern'
The stage may be set for a recalibrated US-Iran relationship, suggests Ambassador M K Bhadrakumar.
In Week 3, rediffGURU Pushpa R guides you on how to do the Kaliasana, also known as the Goddess Pose.
The BSE benchmark Sensex plummeted about 383 points to close at 57,300-level on Tuesday, tracking massive selloffs in global markets. After sinking about 1,300 points in early deals, the Sensex staged a sharp recovery but still ended 382.91 points or 0.66 per cent lower at 57,300.68. The NSE Nifty too reclaimed part of its early losses before closing 114.45 points or 0.67 per cent lower at 17,092.20. On the Sensex chart, Tata Steel, TCS and SBI fell the most, losing as much as 3.64 per cent. Of the 30 Sensex constituents, 20 closed in the red. "Escalations in Ukraine tensions with Russia recognising two pro-Russian rebel regions have aggravated the crisis. "The economic consequences are already visible in higher crude and gold prices," VK Vijayakumar, chief investment strategist at Geojit Financial Services, said.
The eastern Ladakh military standoff between India and China began in May 2020 and a deadly clash at the Galwan Valley in June that year resulted in a severe strain in ties between the two neighbours.
The biggest risk to India's growth outlook is an escalation of geopolitical tensions, especially if these tensions spread to the Asian region, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on Wednesday. Varma, in an interview to PTI, said that inflation and inflationary expectations appear to be moderating and high inflation will certainly not become the 'norm' in the country. He is cautiously optimistic about the Indian economy as after the pandemic abated, consumption demand has begun to recover though the recovery is uneven across sectors and industries.
India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.
Biden would also travel to Jordan for a summit meeting with the heads of States of Jordan, Egypt and the president of Palestinian Authority.
Sources said the exercise is aimed at checking the IAF's overall combat capability and military preparedness in the region.
India's merchandise exports dipped by about one per cent to $38.01 billion in December 2024 against $38.39 billion a year ago, according to government data released on Wednesday. Imports increased by 4.8 per cent to $59.95 billion in December 2024 compared to $57.15 billion in the year-ago month.
The Indian Army has launched a massive search operation for a man who went missing from the fringe areas of the Imphal Valley two days ago. Laishram Kamalbabu Singh, a works supervisor for a contractor working with the Military Engineering Services (MES) in Leimakhong Military Station, disappeared after leaving home on Monday afternoon to report for work. The Army is using all its resources, including tracker dogs, drones, and aerial platforms, to locate Singh. The incident has led to tensions in the area, with hundreds of people from the Meitei community demanding information about Singh's whereabouts.
A joint statement was issued by US Secretary of State Tony Blinken, Australian Foreign Minister Penny Wong, and Japanese Foreign Minister Hayashi Yoshimasa after their in-person meeting in Phnom Penh on the margins of the 55th ASEAN Foreign Ministers' Meeting.
The Indian Army has commenced a verification patrolling at Depsang, the second friction point in eastern Ladakh, the government said on Saturday.
A mob led by Kuki-Zo women clashed with security forces in Manipur's Kangpokpi district on Tuesday, triggering fresh tensions in the ethnic strife-hit state.
'The message is loud and clear: "If you're not falling in line, we will open a line of understanding with the MNS, and then the Shiv Sena will be in trouble".'
Rashtriya Janata Dal chief Lalu Prasad Yadav on Tuesday asserted that West Bengal Chief Minister and Trinamool Congress supremo Mamata Banerjee should be allowed to lead the Indian National Developmental Inclusive Alliance (INDIA).
'The future of BRICS is under stress as Chinese attempts to expand the platform are being resisted by India and Brazil.' 'Beijing is focused on a quick expansion with the aim of giving the platform a distinctly anti-Western orientation, which New Delhi and Brasilia seem to have no interest in,' notes Harsh V Pant.
Canadian police have arrested a 35-year-old Brampton resident on charges of assault with a weapon during a violent demonstration at a Hindu temple in the city, authorities said.
The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.
Indian pharmaceutical firms foresee minimal disruptions in trade with Israel despite escalating regional tensions. Rising crude prices and export shipping insurance premiums have raised concerns, but the pharmaceutical sector remains optimistic. Pharmaceutical exports from India to Israel in FY 2020-21 amounted to $32.5 million, which represents only a minor segment of India's overall pharma exports.
Two men were hospitalised after they set themselves afire on Friday amid a bandh call in Madhya Pradesh's Pithampur against the planned disposal of 337 tonnes of Union Carbide waste in the industrial town, an official said.
The Quad also vowed to work towards a free, open and prosperous Indo-Pacific, a region that has seen increasing Chinese military muscle-flexing in the last few years.
Putin justified his decision in a speech blaming NATO for the current crisis and calling the US-led alliance an existential threat to Russia.
Recent attacks on Hindus in Bangladesh have ignited political debate in West Bengal, with the ruling TMC and opposition BJP utilizing the issue to advance their respective agendas. While the TMC emphasizes communal harmony and calls for international intervention, the BJP criticizes the TMC's inaction and links the situation to its push for the Citizenship Amendment Act. The issue has also brought other opposition parties into the fray, with all sides highlighting the interconnectedness of the region's socio-political fabric.
The tensions between the two countries continue to remain high as several suspected drones launched from Lebanon were shot down by Israeli air defences on Sunday, the Israel Defence Forces (IDF) said.
India's merchandise exports in October rose by 17.25 per cent to $39.2 billion against $33.43 billion a year ago, according to government data released on Thursday. Imports increased by 3.9 per cent to $66.34 billion in October compared to $63.86 billion in the year-ago period.
A day after killing of Hezbollah chief Hassan Nasrallah in an airstrike in Beirut, Israel conducted widespread strikes in Lebanon on Sunday, killing over 100 people. The Israeli Air Force (IAF) also launched airstrikes on military targets in Yemen, specifically targeting Houthi-controlled sites, including power plants and a seaport.
State news agency IRNA said that Iran has successfully shot down 'adversial targets' in the airspace around Tehran province. Iranian state television noted hearing six loud sounds resembling explosions in parts of the capital, with the source of the noises currently unverified.
Bandaa Singh Chaudhary compromises on its hard realism to go after an easily digestible, mass, entertainer that ultimately undoes everything that the film had set out to say, sighs Mayur Sanap.
Donald Trump's Presidency of the United States will open new opportunities for India though certain sectors, especially pharma and IT, may face the heat if the incoming president decides to impose restrictions on imports and H1B visa regulations, experts said on Wednesday. Prime Minister Narendra Modi's friendly relationship with Trump will have a positive bearing on Indo-US relations but India may have to adapt its strategies to maintain cooperation in areas of mutual interest.
Israel and Lebanese Shia group Hezbollah have carried out widespread strikes on each other, raising tensions, and prompting Israel Home Front command to issue precautionary advisory to citizens.
'Trump has no more elections to fight and his soaring ambition, which is no secret, will be to carve out a presidential legacy that outshines by far all his mediocre predecessors.' 'Trump's turnaround on the H-1B visa debate shows that he can take tough decisions and there are no holy cows in his domain,' asserts Ambassador M K Bhadrakumar.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
A special NIA court in Lucknow has sentenced 28 people to life imprisonment for the 2018 killing of a 22-year-old youth in clashes during a 'Tiranga rally' on Republic Day in Kasganj district of Uttar Pradesh. The case drew significant attention as the killing of Chandan Gupta sparked widespread riots in Kasganj for three days. The prosecution demanded the severest punishment while the defence counsel pleaded for leniency. The court awarded life sentences and imposed a fine of Rs 80,000 on each of the convicts. Gupta's family expressed satisfaction at the verdict but vowed to continue its fight for harsher penalties for the main accused and those acquitted.
