The fault line between the West and Russia has widened into a deep chasm and this is likely to endure in the foreseeable future. Far from forcing its way into the European tent, Russia may be reduced to the status of an even more sullen and weakened bystander on its periphery. The US appears to have won this hand with little cost to itself, observes former foreign secretary Shyam Saran.
Indian Ambassador to the US Harsh Vardhan Shringla said India has stopped importing oil from Iran after the United States refused to extend exemption from sanctions earlier this month.
One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.
The US side is yet to respond to the invitation but initial indication has been positive, it is learnt.
News of all that transpired on and off the football field
Thapar, 60, was arrested under the Prevention of Money Laundering Act (PMLA) on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai, they said. He is expected to be produced before a court on Wednesday where the ED will seek his custody, they added. The ED has been probing an alleged transaction between his company Avantha Realty, Yes Bank co-founder Rana Kapoor and his wife, who are already being investigated under the PMLA by the agency.
General Mattis has been the most steadfast champion in Trump's cabinet of the US-India defence relationship. If Trump chooses a more pliable successor, the Pentagon's attention could go off India.
Under the deal, Russia will provide design, technology know how and key materials to GSL for construction of the ships in India.
'The prospects for both India and the global economy is that we are headed towards a very difficult time.' 'I see very uncertain at least 8-10 months for both India and the rest of the world.'
'Even as discord over US-India trade and commerce colours diplomatic relations, defence relations between the two countries remain on a firm footing,' points out Ajai Shukla.
He said the first decision of the cabinet was to approve Rs 20 crore fund for conserving Raigad Fort, which was the capital of Chhatrapati Shivaji Maharaj.
To help revive the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover for expansion or for new projects. Besides, she said, additional Rs 1.5 lakh crore limit enhancement done for Emergency Credit Line Guarantee Scheme (ECLGS) scheme.
An S-400 unit located near Delhi for protecting the capital would be able to shoot down Pakistani aircraft even before they cross the border to India, and Chinese aircraft while they were still in Tibetan or Nepalese air space.
Sources had earlier said Modi and Putin would also deliberate on impact of US sanctions on import of crude oil from Iran.
America had postponed the much-awaited dialogue due to "unavoidable reasons" last month.
If banks cannot charge interest from borrowers during the moratorium, who will bear that cost? Should the depositors subsidise the borrowers by foregoing interest on deposits? In that case, we will turn banking on its head! notes Tamal Bandyopadhyay.
Krishna emphasised that India takes decision taking into consideration its domestic energy requirements.
A car that gives you a better resale value will reduce the cost of your next purchase, points out Bindisha Sarang.
By letting Delhi keep an open line with Tehran, the United States seeks to balance its dependency on Pakistan in managing Afghanistan, says Jyoti Malhotra
To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.
Juster said it is not related to India signing the S-400 deal with Russia.
With the farmers' protest against the three new laws and in support of legalising the minimum support price (MSP) going strong, state governments have announced a slew of measures in their annual Budgets to placate farmers. The Centre kicked things off in the Union Budget by assuring farmers that the MSP would continue and coming out with a report card to demonstrate its commitment. However, these efforts don't seem to have yielded tangible results. In their respective Budgets, states chose to go a step further by announcing a variety of measures.
Putin, who was received by External Affairs Minister Sushma Swaraj on his arrival, went straight to Modi's official Lok Kalyan Marg residence where the two leaders had a one-on-one meeting.
The Criminal Laws (Rajasthan Amendment) Bill was tabled in the assembly on Monday.
Jaishankar said India will try to find common ground on trade issues during discussions with Pompeo.
India Inc expects huge business opportunities to open up with the Nuclear Supplier's Group sanctioning an India specific waiver on Saturday.
Centre releases Rs1,712cr to TN, Rs 1,234cr to Karnataka for drought.
>Putin's last-minute intervention with PM salvages $5.43 bn pact.
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.
Kapoor, 62, and the Wadhawans were arrested by the agency in this case early this year and they are in judicial custody at present.
With satisfactory progress of monsoon rainfalls prompting farmers to bring in additional area under basmati sowing, prices are set to fall lower going forward.
For the first time in the state's history, over 10,000 thousand farmers have gone on strike.
Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.
Swaraj expressed satisfaction over the agenda of the inaugural dialogue while giving the details of the deliberations.
The Trump administration has been very clear that the acquisition of advanced Russian technology sends the wrong message to Russia at a time when it continues its aggressions, the official said.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
India's Iran imports rise to 276,800 bpd vs 195,600 bpd in 2013.
United States President Barack Obama has determined India and its three neighbours, Pakistan, Afghanistan and Myanmar, among a list of 22 nations that are major illicit drug producing or transit countries.
"We have many relationships...they have a history. We will do what is in our national interest and part of that strategic partnership is the ability of each country to comprehend and appreciate the national interest of the other," Jaishankar 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.