Jaishankar described as a "reasonable supposition" to expect some improvement in the relations between India and China following the last round of disengagement but hesitated to say that there could be a reset of the ties.
From the 30-share pack, Indusind Bank, Axis Bank, Maruti Suzuki, Bajaj Finance, Bajaj Finserv, UltraTech Cement and Mahindra & Mahindra were the biggest drags, tumbling up to 7.63 per cent.
Global head of equity strategy at Jefferies, Christopher Wood, has cut his exposure to Indian equities by one percentage point in the Asia-Pacific ex-Japan relative-return portfolio, and Australia and Malaysia by half a percentage point each in favour of China, which has seen a hike in exposure by two percentage points. The rally in China has been fast-forwarded by the approach of a seven-day holiday with the CSI 300 Index up 8.5 per cent on Monday, and 25.1 per cent in five trading days, he said.
The PM expressed his anguish over the deteriorating situation and the humanitarian crisis in the war-hit country, while reiterating India's appeal for cessation of hostilities and a return to dialogue.
The results of Indian IT services players in the just-concluded fourth quarter of 2021-22 are expected to reveal continuing growth momentum as demand surges on the back of digital transformations and the cloud shift, but analysts anticipate margins to be under pressure due to supply challenges. Analysts covering the sector expect revenue commentary should be strong despite the Russia-Ukraine conflict and inflation. Top-line growth will be driven by broad-based demand with a strong uptick for cloud, digital, cybersecurity, data analytics, and artificial intelligence, among other services.
United States National Security Adviser Jake Sullivan met with his Chinese counterpart in Rome and held discussions on a range of issues, including bilateral relation and Russia's war against Ukraine, the White House said.
Prime Minister Narendra Modi and US President Joe Biden will have a substantive engagement on the sidelines of the Quad summit on Saturday, and the two sides will sign at least two agreements following the talks.
Amid the growing tension between Ukraine and Russia, evacuated Indian nationals from the war-torn country have refused to leave their pets behind.
Russia's war on Ukraine has sent steel prices soaring to its highest levels in the domestic market since November 2021. But there is little cheer in the industry. That's because input costs are spiralling out of control, leaving the big boys nearly as high and dry as the small, medium and secondary steel producers. Russia and Ukraine are major providers of steel and raw materials to the world.
Glimpses of the destruction in Ukraine caused by Putin's senseless war.
'What would we feel if we found the world behaving the way it has?' 'Forced to fight our own prolonged battle; nobody from outside really demanding that the war end or actively working to make it end, and above all, a completely toothless United Nations reduced to pleading for a halt to the violence,' notes Shyam G Menon, exactly a month after Vladimir Putin ordered the invasion of Ukraine.
India has been in touch with all parties concerned as part of overall global efforts to bring down the tensions.
Ukraine and Russia need to engage with each other to find a solution to the ongoing conflict between them, India said on Friday after Prime Minister Narendra Modi held wide-ranging talks with President Volodymyr Zelenskyy in Kyiv under the shadow of the raging war.
India's trade deficit with Russia continued to widen for the second consecutive year to $57 billion in the financial year 2023-24 (FY24), with Moscow becoming New Delhi's largest source of crude oil imports. All eyes will now be on Prime Minister Narendra Modi's visit to Russia during July 8-9, where he is set to meet President Vladimir Putin. This will be Modi's first visit to the Kremlin since the Russia-Ukraine conflict began over two years ago.
The students had boarded a special train from Lviv for Poland. They are likely to board flights to India on Thursday.
At the same time, it is learnt that Indian officials in Ukraine are facing growing complexities to evacuate the Indians to the neighbouring countries with Russian forces closing in on Ukrainian capital Kyiv and targeting several other key cities by land and air.
The members of the grouping made it clear that they were against the use or threat of use of nuclear weapons and sought "peaceful resolution of conflicts."
Days after Prime Minister Narendra Damodardas Modi and China's President Xi Jinping expressed their concerns about the war in Ukraine with Russian President Vladimir Putin at the SCO summit in Samarkhand, the tyrant of the Kremlin has raised the military stakes in the conflict.
As Prime Minister Narendra Modi embarks on a tour of three European nations, India on Sunday once again called for the cessation of hostilities in Ukraine and resolution of the conflict through dialogue and diplomacy, noting that was an appreciation of its position on the crisis by its partner countries.
India believes no country would emerge victorious in the Russia-Ukraine war as all will suffer losses and there will be a "more serious" impact on developing and poor countries, Prime Minister Narendra Modi said on Monday after holding talks with German Chancellor Olaf Scholz as both leaders reiterated the need for an immediate cessation of hostilities.
Biden previously stated he did not believe the Russian leader had made up his mind but acknowledged his insights into Putin's thinking were limited.
The Russian defence ministry on Wednesday said its armed forces are ready to take all necessary measures for the safe evacuation of Indian citizens from the eastern Ukrainian city of Kharkiv.
'The NEET-PG is the only exam for admission to MD, MS and PG Diploma courses.' 'Many doctors take time off from work to prepare for it, while others study during their long hospital shifts.'
Modi, who is visiting Ukraine at the invitation of President Volodymyr Zelenskyy, has said that he will share with the Ukrainian leader perspectives on peaceful resolution of the ongoing conflict.
Prime Minister Narendra Modi spoke with Russian President Vladimir Putin on Friday during which he reiterated India's long-standing position on the Ukraine situation, favouring dialogue and diplomacy.
External Affairs Minister S Jaishankar, meanwhile, said the sixth flight under India's evacuation mission 'Operation Ganga' left for Delhi from Budapest with 240 Indian nationals.
US Principal Deputy NSA Jonathan Finer said the US and India have a "complicated history" and they have not always been "wholly aligned".
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.
'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'
Indian evacuation flights are operating out of Bucharest and Budapest. The government is not charging the rescued citizens for the evacuation flights.
Prime Minister Narendra Modi said on Sunday said he views the current situation in Ukraine as an issue of humanity and human values and not of politics or economy even as he called for respecting international law, sovereignty and territorial integrity of all nations.
A day after suffering their worst session in about two years, benchmark indices Sensex and Nifty rebounded up to 2.5 per cent on Friday, in line with higher global markets as the US and allies put up a united front to punish Russia with harsher sanctions over the Ukraine conflict. Snapping their seven-day losing streak, the BSE Sensex climbed 1,328.61 points or 2.44 per cent to settle at 55,858.52, while the NSE Nifty went soared 410.45 points or 2.53 per cent to 16,658.40. Barring HUL and Nestle, all Sensex shares closed with gains -- with Tata Steel, IndusInd Bank, Bajaj Finance, NTPC and Tech Mahindra surging as much as 6.54 per cent.
Zelenskyy named Warsaw, Bratislava, Istanbul, Budapest or Baku as alternative venues.
Top external affairs ministry officials on Monday briefed a parliamentary panel about efforts to bring back Indians stranded in war-hit Ukraine, including plans for 13 evacuation flights in the next two-three days to its neighbouring countries and subsequent increase in the number of daily flights to nine, sources said.
The plan was to equip the Su-30 aircraft with more powerful radars and the latest electronic warfare capabilities to make it more powerful as per the latest standards, the sources said.
The current instability in the world is a result of long term systemic and socio-politico problems, points out Colonel Anil A Athale (retd).
India abstained in the United Nations General Assembly on a draft resolution calling for Russia to be held accountable for violations of international law by its invasion of Ukraine and requiring Moscow to pay reparations to Kyiv for damages, loss and injury resulting from the war.
India seeks to play a supportive role for a peaceful and stable region, Prime Minister Narendra Modi said on Monday as he embarked on a high-profile visit to Russia to hold summit talks with President Vladimir Putin amid the conflict in Ukraine.
The Karnataka government on Saturday said the mortal remains of a medical student from the state, who was killed in Russian shelling in war-torn Ukraine, is expected to reach the airport in Bengaluru early on March 21, and all the documentations required for transportation have been completed.
