The Centre has informed the Supreme Court that 217 Indian nationals reportedly joined the Russian armed forces, with 49 fatalities amid the Russia-Ukraine war, and efforts are underway to repatriate those who were misled.
The US Senate has overwhelmingly approved a bill, the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which aims to punish Russia and its major petroleum product buyers, including China and India. The legislation allows the US President to impose 100 per cent tariffs on goods from the top five importers of Russian oil and gas, and also extends sanctions on Iran's energy sector. The bill, championed by the late Senator Lindsey Graham, now moves to the House of Representatives for further approval.
US President Donald Trump accused China and India of being the "primary funders" of the Ukraine war by continuing to purchase Russian oil during his address to the UN General Assembly. He also criticized NATO countries for not cutting off Russian energy.
British armed forces, including Royal Marine Commandos, intercepted the Russian shadow fleet oil tanker SMYRTOS in the English Channel, marking the UK's first such operation. The action aims to disrupt Russia's funding for its war in Ukraine, with the UK government highlighting the shadow fleet's role in sustaining Moscow's military efforts.
A bipartisan group of US Senators has agreed to fast-track a bill allowing the President to impose sanctions on major purchasers of oil from Russia and Iran. This legislation, known as the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, aims to restrict funding for Russia's war efforts and Iran's energy and weapons sectors, potentially impacting countries like China and India through tariffs and other restrictions.
Whether this remains under control in the coming months will depend on the future intensity and spread of the Russia-Ukraine war, and the effectiveness of the Indian government's response, points out A K Bhattacharya.
Ukraine's Ambassador to India Oleksandr Polishchuk asserted that Kyiv "will not give up and will not accept any territorial concessions" amid the ongoing Russia-Ukraine war. He also suggested Moscow has benefitted from trading with New Delhi.
US Treasury Secretary Scott Bessent's remarks come ahead of a high-level summit where India and the European Union are expected to formally announce the conclusion of negotiations on a comprehensive free trade agreement.
Multi-asset funds offer exposure to gold, which tends to do well in times of geopolitical tensions and inflationary pressures, suggests Sanjay Kumar Singh.
'Everybody in America loses because of what India is doing.'
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.
The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.
The question is no longer whether the war will expand. It has. The next few days will tell us whether the war stabilises around Hormuz or whether the Strait itself becomes the trigger for a far larger rupture. What to watch for over the next 48 hours is simple: Any move by the US toward direct naval control of the Strait; any credible Iranian attempt to disrupt or mine shipping lanes and, critically, whether energy infrastructure in the Gulf continues to be targeted.If those lines are crossed in tandem, the war will no longer be containable within the region.
Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.
The United States, which entered this war in expectation of a short, sharp win along the Venezuela model, is now preparing for deeper involvement in a conflict it does not fully control, without the allies it typically relies on, against an adversary that is not behaving as expected, in a global environment that is already absorbing economic shock. Prem Panicker continues his must read daily blog on the Gulf War.
Kremlin spokesman Dmitry Peskov briefly admitted that Russia had suffered a 'significant' loss of its troops in Ukraine, calling the casualties 'a huge tragedy' for the country in an interview with Sky News.
'India's security challenges are no longer confined to the Line of Control or the Line of Actual Control.'
'They also span cyber networks, economic systems, information warfare, technology ecosystems, maritime routes, and internal social cohesion.'
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
A Delhi court has granted the National Investigation Agency (NIA) 11-day custody of several foreign nationals accused of training Myanmar-based Ethnic Armed Groups (EAGs) known to support insurgent groups in India.
The two leaders discussed the Ukraine crisis and several regional and global issues including increasing trade relations and cooperation in the field of mitigating the impact of climate change during their bilateral talks at the Danish Prime Minister's official residence in Mareinborg near Copenhagen.
Trump has made it clear: the US will not lift its blockade of Iranian ports until a deal is signed.
Former White House trade advisor Peter Navarro accuses India of being an 'oil money laundromat' for Russia, alleging that India's oil purchases are funding Putin's war in Ukraine. The accusations come amid existing trade tensions and tariffs imposed by the US.
Trump also said he is "very disappointed" that India would be buying "so much oil" from Russia.
'I noticed a nine-year-old child hugging another child every few minutes.' 'The two were sisters and were playing in their village when an armed gang attacked their village and set fire to it.' 'They hid together, only to witness their mother and father being killed.' 'Now, the older child is constantly comforting the younger one.'
The United States and Ukraine have signed an 'economic partnership agreement,' giving Washington, DC access to Ukraine's rare earth minerals in return for creating an investment fund in the country, CNN reported.
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.
Private equity investments in Indian real estate dropped 15 per cent in July-September to USD 819 million amid global uncertainties, according to property consultant Anarock.
Earlier on Wednesday, Reuters reported that Swiss business tycoon Hansjoerg Wyss is considering buying football club Chelsea from Abramovich, Wyss told Swiss newspaper Blick as British lawmakers continued to push for sanctions against the billionaire.
Every UN secretary-general has flagged the financial situation, but Antonio Guterres has issued the direst warning yet, calling it a 'race to bankruptcy and of imminent financial collapse, points out Ambassador T P Sreenivasan.
US Treasury Secretary Scott Bessent indicated a potential pathway to remove tariffs imposed on India for purchasing Russian oil, citing a significant decrease in such purchases. He also criticized Europe's approach and accused India of profiting from discounted Russian oil.
In an address at the Navy Commanders' Conference, he said 'jointness' in operations will be critical in any future wars and restructuring of military commands and establishment of theatre commands is the way ahead.
Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.
If the conflict continues for a prolonged period, State-run oil companies may have to review retail fuel prices accordingly.
Global rating agency Moody's on Monday said the high commodity prices and supply chain disruptions due to further escalation in the Russia-Ukraine crisis could expose about 42 per cent of rated Indian companies to significant risks. They are mainly in the oil and gas and automotive sectors. The impact may be seen under two scenarios: first, revised base line and second being downside economic scenarios incorporating a global recession and a more severe liquidity squeeze, it said. The military conflict between Russia and Ukraine is impacting companies in Asia Pacific, adding to existing challenges from supply chain disruption and the coronavirus pandemic.
Reliance Industries Ltd on Thursday said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions. Reliance is India's largest buyer of Russian oil, which it processes and turns into fuel, such as petrol and diesel, at its giant oil refining complex at Jamnagar.
Reliance Industries Ltd, India's largest buyer of Russian oil and most impacted by the latest US sanctions, on Friday said it will comply with all applicable restrictions and will adjust its refinery operations to meet compliance requirements.
The report evaluates the likely military, strategic and international fallout for China under scenarios ranging from a "major war" to a "minor conflict" with Taiwan, Focus Taiwan said.
In the wake of the FTA between India and the European Union, the United States has described the Europeans as 'very disappointing', saying they were unwilling to join Washington, DC in putting tariffs on New Delhi for its purchases of Russian oil because of this trade deal.
The trade relationship between India and the United States has been strained by the imposition of 25% tariff by the US on Indian goods.
Reliance Industries Ltd has consistently remained compliant with international sanctions and is expected to adhere to upcoming measures on Russian oil, analysts said, estimating that oil sourced from Russia contributes just 2.1 per cent to its consolidated EBITDA. Reliance operates the world's largest single location refining complex, with more than half of the capacity exclusively dedicated for exports.
