Jet Airways is looking to lease around 20 Airbus A320 aircraft from lessors by 2024 as it aims to restart operations and fly international routes in the next one-and-a-half years. Jet's A320 aircraft fleet, according to sources, will be a mix of the Ceo and the more fuel-efficient Neo variants. These planes were originally intended for Russian airlines but could not be delivered following western sanctions on Russia over its Ukraine invasion.
The order also pauses "hundreds of millions of dollars in aid through the Ukraine Security Assistance Initiative, which provides funds that Kyiv can use only to buy new military hardware directly from US defence companies."
It is time for India to raise its voice not just through military prowess, but through professionalism, principled voting and partnerships, asserts Deepak Mishra.
The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.
The statement did not name any country. But the US has often blamed India and China for purchasing Russian oil even when there are no tariffs on Beijing for it.
President Donald Trump has withdrawn the United States from over 60 international organisations, including United Nations bodies and the India-France-led International Solar Alliance, calling the institutions 'redundant' and 'contrary' to America's interests.
The Ukrainian President's remarks come amid US President Donald Trump's criticism of India and China, labelling the countries as "primary funders" of the ongoing war in Ukraine.
The 2025 US National Security Strategy marks a major pullback, with America turning backward and effectively allowing China greater dominance in Asia. while long-time partners like India are left to face an increasingly unstable global order largely on their own, observes Rajeev Srinivasan.
China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.
From Rs 73k to over Rs 1.2L between January-December 2025 -- is buying gold in 2026 still sensible?
'India is cosying up to Xi Jinping. They don't need the Russian oil. It's a refining profiteering scheme.'
Gold prices on Tuesday surged Rs 723 to touch an all-time high of Rs 110,312 per 10 grams in the domestic futures market, tracking strong global cues amid growing expectations of a US Federal Reserve interest rate cut next week. Traders said weak US labour market data has strengthened the case for monetary policy easing, putting pressure on the dollar and boosting demand for the safe-haven asset.
'We will never recognise any part of territories occupied by the Russians.'
There is positive sentiment for Tata Steel on the basis of strong domestic demand, a turnaround of European operations and moderate valuations. A combination of capacity expansion, efficiency gains, higher asset utilisation, and improved operating leverage may lead to margin expansions.
Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.
'Decline of the UN did not start with the Trump administration. It has been happening over the last two decades or more.'
An influential US lawmaker claims his visit to India helped catalyze "early signals" that New Delhi may reduce its imports of Russian oil, a step he described as "meaningful" in weakening Moscow's ability to fund its war in Ukraine.
Notably, US President Donald Trump and his administration have continuously targeted India over its purchase of Russian crude oil. India, on the other hand, has always maintained that India's purchases are based on its domestic needs and economic security.
Russian troops have targeted areas where civilians are present, including apartment buildings, schools and hospitals.
The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.
From the Sensex firms, Infosys climbed 3.86 per cent. HCL Tech, Tata Consultancy Services, Axis Bank, Kotak Mahindra Bank, Titan and Tech Mahindra were also among the gainers. However, Eternal, UltraTech Cement, Bharti Airtel and Adani Ports were among the laggards.
Vance also hinted that the US may drop additional tariffs on countries if the US make a deal with Russia, and also apply more tariffs on the countries to bring this war to a close.
A US official has stated that India's continued purchase of Russian oil is a point of contention in the relationship between the two countries, as it helps fund Russia's war efforts in Ukraine.
'Famine in Gaza is not a failure of logistics or aid. What is to blame is deliberate starvation caused by a brutal war.' 'Any child dying in a war zone is a vote of no confidence against humanity.'
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
US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through intermediary traders for now.
The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.
Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.
The White House is planning another set of sanctions on Russia. This is likely to be announced on Wednesday.
He urged the Central government to take this matter seriously and come to their rescue immediately.
From the 30-share blue-chip pack, Mahindra & Mahindra, Zomato, Tata Motors, IndusInd Bank, Reliance Industries, Larsen & Toubro, UltraTech Cement, HDFC Bank, Adani Ports and Bajaj Finserv were among the major laggards. On the other hand, Hindustan Unilever, Tech Mahindra, Nestle, Bharti Airtel and ICICI Bank were among the gainers.
One bill provides $60.8 billion for Ukraine, with over 80 percent of it for helping Kyiv amid its ongoing war with Russia, including replenishing supplies of US made weapons and ammunition.
'There are times when India should stand up without hesitation and voice its indignation over the US' pressure tactic. This is one such moment,' asserts Ambassador M K Bhadrakumar.
India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.
Addressing a huge gathering in Lahore, Imran played a video clip of India's Foreign Minister S Jaishankar from Bratislava Forum held in Slovakia and praised the Indian minister for standing firm to the United States pressure over buying cheap oil from Russia.
India's National Security Advisor Ajit Doval held bilateral talks with US Director of National Intelligence Tulsi Gabbard, and chaired a conclave of top global intelligence chiefs focusing on strengthening cooperation in confronting various security challenges including terrorism and threats posed by emerging technologies. The meeting also focused on security in the Indo-Pacific region, cooperation to counter terror funding and money laundering, and issues relating to extradition and immigration.
United States President Donald Trump has warned his Russian counterpart Vladimir Putin to end the 'ridiculous war' in Ukraine or face high tariffs and further sanctions.
The agreement has ended a wartime standoff that had threatened food security in several countries and cleared the way for exporting tons of Ukrainian grains.
'Parents are forced to provide their children to Russian re-education camps in occupied territories and in different parts of Russia, for example, in Chechnya, where Ukrainian children wearing military uniform are taught to use weapons.'
Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts. Stock markets witnessed a spirited recovery on Friday with benchmark Sensex and Nifty notching the best single-day gains in more than five months and offering relief after weeks of correction.
