The Athletics Federation of India (AFI) has denied signing a Memorandum of Understanding (MOU) with the Russian athletics federation, amidst ongoing sanctions and the conflict in Ukraine.
S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.
It is understood that India and the United States are not on the same page on the Ukrainian crisis.
Prime Minister Narendra Modi and US President Donald Trump discussed the Middle East crisis, with a focus on the Strait of Hormuz.
Indian defence stocks have seen an average year-on-year gain of 67 per cent, driven by renewed interest following 'Operation Sindoor' and a broader increase in global geopolitical tensions, with the combined market capitalisation of 18 firms increasing by approximately 2.3 trillion.
A 25-year-old Indian man who went to Russia on a student visa has allegedly been 'deceitfully' recruited into the Russian Army and pushed into the Russia-Ukraine conflict, his family claims. They are seeking the Indian government's help for his safe return.
Ukrainian President Volodymyr Zelenskyy on Sunday said that a "dignified end" to the war was possible given that the US was demonstrating a constructive approach.
Silver prices rallied sharply by Rs 15,000 to hit a lifetime high of Rs 265,000 per kg in the national capital on Monday, and gold advanced to a fresh record of Rs 144,600 per 10 grams, mirroring strong gains in the global markets.
Defence Minister Rajnath Singh has emphasised the need for India to develop a robust drone manufacturing ecosystem to enhance its defence capabilities, drawing lessons from recent global conflicts.
The Indian government has extended the Reserve Bank of India's (RBI) mandate to maintain retail inflation at 4 per cent, with a tolerance band of 2 per cent on either side, for another five years until March 2031.
As Russia continues to escalate its strikes on Ukraine, United States President Donald Trump on Sunday (local time) said that he has plans to speak with his Russian counterpart Vladimir Putin in the coming days, as several European leaders are expected to visit the United States for what he described as 'very interesting discussions' aimed at resolving the ongoing Russia-Ukraine conflict.
Putin's State visit will centre on fixing the huge India-Russia trade imbalance, with both sides pushing to lower duties, ease non-tariff barriers, and seal a landmark mobility pact to send more Indian workers to Russia.
The Congress party has criticized Prime Minister Narendra Modi following repeated claims by former US President Donald Trump that he brokered peace between India and Pakistan.
S&P Global Ratings on Wednesday cut India's growth projection for the current fiscal to 7.3 per cent from 7.8 per cent earlier on rising inflation and the longer-than-expected Russia-Ukraine conflict. In its Global Macro Update to Growth Forecasts, S&P said inflation remaining higher for long is a worry, which requires central banks to raise rates more than what is currently priced in, risking a harder landing, including a larger hit to output and employment. S&P had in December last year pegged India's GDP growth in the 2022-23 fiscal, which began on April 1, 2022, at 7.8 per cent.
India and the US have entered a new phase in their relationship, marked by greater parity, point out Harsh V Pant and Vivek Mishra.
The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.
The ministry of external affairs spokesperson said that the meeting holds the promise of bringing to an end the ongoing conflict in Ukraine and opening up the prospects for peace.
US President Donald Trump claimed he resolved the India-Pakistan conflict earlier this year with trade and asserted that he should receive the Nobel Peace Prize for "ending seven wars."
Army Chief General Upendra Dwivedi emphasized the importance of indigenous equipment for the Indian Army, highlighting the force's modernization efforts and readiness for future warfare.
"The world might face a food crisis if the war continued till the end of April, as it could have a dramatic impact on planting in Europe and North America," said Matt Simpson, CEO of Brazil Potash.
Gold extended its record-breaking run to breach the Rs 1.5 lakh per 10-gram mark in futures trade on Tuesday, while silver surged to a lifetime high of Rs 3.27 lakh per kg as investors rushed to safe-haven assets amid mounting global tensions. On the Multi Commodity Exchange (MCX), gold futures for February delivery climbed Rs 6,861, or 4.7 per cent, to record Rs 1,52,500 per 10 grams after settling at Rs 1,45,639 per 10 grams in the previous session.
External Affairs Minister S Jaishankar reiterated India's support for an early end to the conflict in Ukraine after a conversation with his Ukrainian counterpart, Andrii Sybiha. The discussion follows recent diplomatic engagements, including meetings between Prime Minister Modi and both President Putin and President Zelenskyy.
This comes despite Russia on Monday stating that Lavrov and Rubio held a "constructive" conversation as part of preparations for the meeting between their two presidents in Budapest, Hungary, Russian media has reported.
External Affairs Minister S Jaishankar will represent India at the inauguration of Donald Trump as the 47th President of the United States on January 20.
India and France have elevated their relationship to a 'special global strategic partnership,' with increased cooperation in defense, trade, and technology. The leaders also inaugurated a helicopter assembly line in Karnataka.
Prime Minister Narendra Modi conveyed to Russian President Vladimir Putin that India is ready to make all possible contributions towards a peaceful resolution of the Ukraine conflict.
United States President Donald Trump has backed a sanctions bill that could impose 500 per cent tariffs on countries buying Russian oil, giving the White House leverage against countries like China and India to stop them from purchasing cheap oil from Moscow.
Foreign brokerages have started to cut their year-end targets for the Nifty 50 index amid the ongoing West Asia conflict.
The modern war is about quality over quantity, points out Mihir S Sharma.
From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.
During a bilateral lunch with the Ukrainian President in the White House, Trump reiterated his confidence in facilitating an end to the ongoing war.
Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.
India welcomes the summit talks between US President Donald Trump and his Russian counterpart, Vladimir Putin, in Alaska and hopes for an early end to the conflict in Ukraine.
In a post on X on Saturday, Zelenskyy revealed that he and Trump had held a "long and substantive" call, beginning with one-on-one talks and later including European leaders in a broader discussion, where Trump briefed him on his recent meeting with Putin.
India's External Affairs Minister S Jaishankar has called on Europe to display sensitivity and mutuality of interest for deeper ties with India, stating that New Delhi seeks partners, not "preachers." Jaishankar emphasized the importance of "Russia realism" in India's foreign policy, highlighting the natural complementarity between India and Russia as a resource provider and consumer. He criticized attempts by the West to address the Russia-Ukraine conflict without Russia's involvement, arguing it "challenged the basics of realism." Jaishankar also stressed the importance of finding common ground with the US, suggesting that focusing on mutuality of interest rather than ideological differences is key to successful engagement.
Defence Minister Rajnath Singh lauded the armed forces' performance during Operation Sindoor, emphasizing the importance of technology and adaptability in modern warfare. He urged air force commanders to learn from the operation and stay prepared for future challenges.
Finance Minister Nirmala Sitharaman on Friday said the world is facing "profound imbalances" in trade and energy security, and is undergoing a structural transformation, with India standing out as a 'stabilising force' that can withstand external shocks.
With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal
Ukrainian President Volodymyr Zelenskyy has backed the imposition of tariffs on countries maintaining economic ties with Russia, saying it is the 'right idea' in the face of continued aggression by Moscow.
'Russia, as you know, lost almost 25,000 over the last month and a half. Ukraine lost just a few, and lots of people are dying.'
