The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.
It would be the highest level visit to India by any Pakistani leader in recent years and a possible opportunity to break the ice between the two nations.
'This is still a relatively immature defense and high-tech relationship.'
India ranked 111th out of 125 countries in the Global Hunger Index-2023, which was rejected by the government as erroneous and having malafide intent. The index, released on Thursday, also stated that India has the highest child wasting rate in the world at 18.7 per cent, reflecting acute undernutrition. India ranked 107th out of 121 countries in the 2022 edition of the Global Hunger Index (GHI), a tool for comprehensively measuring and tracking hunger at global, regional, and national levels.
His trip to Moscow comes days after Defence Minister Rajnath Singh visited the Russian capital to attend a meeting of the defence ministers of the eight-nation SCO of which both India and China are members.
India has not yet received any confirmation on Chinese President Xi Jinping's in-person participation at the upcoming G20 summit, people familiar with the matter said on Thursday amid reports that he is likely skip the conclave.
For trust in democracy to be retained, elections need to be not just free of intervention -- ruling out Pakistan and Russia -- but also demonstrate the capability to both deliver ruling mandates and hold the potential for large swings in favour of the opposition, points out Mihir S Sharma.And, after an election is done, they need to see a mandate in order to go back to their lives and let their representatives get on with the business of government, points out Mihir S Sharma.
India has told China not to "shift goalposts" and "confuse" managing the border affairs and restoring peace at the frontiers with the larger issue of the resolution of the boundary question, which is dealt with by different designated mechanisms.
He said that "the state of the border will determine the state of the relationship, that's natural".
India will need to travel back in time and seek inspiration from football greats Tulsidas Balaram and Chuni Goswami to deftly dribble around and sidestep the West-imposed price cap on exports of Russian seaborne crude oil. India depends on imported oil to meet 86 per cent of its needs, of which nearly a quarter now comes from Russia. The copious flows are roughly 10 per cent cheaper than competing suppliers helping India save billions of dollars in fuel costs.
India and Russia are expected to sign deals worth over $10 billion, covering defence and civilian nuclear sectors during the ongoing visit of Russian Prime Minister Vladimir Putin.
The world is celebrating Raj Kapoor's birth centenary, but when was the last time you watched an RK film?
Crude and gas supply concerns have eased amid reports that Israel and Hamas have struck a peace deal. The International Energy Agency estimates oil demand may drop slightly in calendar 24 but Opec probably has enough pricing power to maintain $80/ barrel Brent prices. Russia's share of India's crude imports remained strong at about 35 per cent in September 2023.
China on Tuesday announced that its Defence Minister General Li Shangfu will visit India this week to attend the meeting of SCO defence ministers from April 27 during which he is expected to hold talks with his Indian counterpart Rajnath Singh on ending the prolonged eastern Ladakh standoff which has severely strained bilateral ties.
Indicating unease over India's growing closeness with the United States, Russia on Thursday said it does not "feel comfortable" at being put on the same plane as New Delhi's "newly-acquired partners", who had earlier imposed sanctions on this country.
Lauding India's ambitious space programme, The New York Times has said the country, currently witnessing an 'explosive' growth in space-tech start-ups, is set to 'transform the planet's connection to the final frontier' and can emerge as a 'counterweight' to China.
From the peak of $3.67 trillion in January, India's market cap has eroded by $676 billion amid rising bond yields and a record-breaking sell-off by overseas investors.
India shifted gears in rejuvenating strategic ties with its major partners like the US and Russia and focused on drumming up global support for its distinct strategy in the Indo-Pacific to check Beijing's increasing muscle-flexing in the region.
Assistant Secretary of State for South and Central Asia, Donald Lu, was speaking to members of the Senate Foreign Relations Committee, just after India had abstained from a vote on the United Nations General Assembly resolution.
'India's specific concerns about whether Russia will be a reliable defense supplier and diplomatic partner in the event of heightened hostilities with China has undoubtedly accelerated the process of US-India defense and intelligence cooperation intended to support Indian military positions along the Line of Actual Control.'
The Indian Space and Research Organisation (ISRO) will launch two initial missions later this year under the Gaganyaan programme, followed by country's maiden human space-flight mission in 2024, Union Minister Jitendra Singh has said.
India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.
Chinese Foreign Minister Wang Yi will attend a two-day trilateral meeting of the foreign ministers of Russia, India and China in New Delhi from November 10 to discuss regional and international issues.
'It is commendable that India is able to persuade all sides.' 'It shows that India counts and finally, we are reaching a position where we can find a place in the sun at the global level.'
Speaking at a programme in Kolkata on Tuesday night, he said that in the past, even the US has been appreciative of the fact that the Chabahar port has a larger relevance.
All investors should ideally have a 10 to 15 per cent allocation to gold. Whether they invest in gold ETFs or SGBs should depend on their investment horizon.
'If the Russian forces do capture Kyiv and set up some sort of provisional government, they might run into an insurgency, for which the geography is just right, it could prove costly for them.' 'In that event, the whole exercise could turn out to be counter-productive -- and costly in both foreign policy and domestic terms.'
In a boost to the sagging defence relationship between India and Russia, the two nations on Friday signed a contract for supply of 80 MI-17V-5 medium lift helicopters for the Indian Air Force. Valued at $1 billion, the agreement between the two sides comes at a time when New Delhi and Moscow are squabbling over several defence related deals signed earlier.
Tirumurti also said India is 'deeply concerned' about the welfare and security of the Indian community, including a large number of Indian students, in Ukraine.
According to government sources, the matter was discussed by the national expert group on vaccine administration for COVID-19 in its last meeting held on August 22.
If the Pakistani foreign minister attends the meeting in person, it will be the first such visit from Islamabad to India since 2011.
On March 8, the US Senate Foreign Relations Committee voted to advance former Los Angeles mayor Eric Garcetti's nomination as US ambassador to India.
Senior officials from India, China and Russia will hold a trilateral meet in Beijing on Thursday to discuss the emerging situation in Afghanistan in the backdrop of the United States troops withdrawal that have sparked concern over the reemergence of the Taliban and the al Qaeda in the region.
India is one of the few countries in the region that enjoys good relations with both Israel and Saudi Arabia, and IMEC would allow it to recreate the old Spice Route to Europe. All this is in jeopardy now, notes Rajeev Srinivasan.
'At crucial times, it was this country that consistently stood by us in international forums on vital issues like Kashmir.'
External Affairs Minister S Jaishankar is set to hold separate bilateral talks with his Chinese counterpart Qin Gang and Russia's Sergey Lavrov at a beach resort in Goa on Thursday on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) amid rapidly evolving regional security situation.
It will be Putin's first participation in a multilateral summit after a mercenary group launched a short-lived armed rebellion last week that rocked Moscow.
US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down, suggests R Jagannathan.
Washington is signalling to Delhi that it can rely on American support in any great game vis-a-vis China. Delhi shouldn't fall into the trap, argues Ambassador M K Bhadrakumar.
