Gold prices rallied for the third straight day and gained Rs 2,600 to hit a fresh lifetime high of Rs 1,26,600 per 10 grams in the national capital on Wednesday in line with strong global trends amid looming geopolitical uncertainties triggered by the prolonged shutdown of the US government.
Ukrainian drones attacked the Kirishi oil refinery in Russia's northwest, one of the country's largest, sparking a fire when debris fell from a shot-down drone, Russian officials said on Sunday, France 24 reported.
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.
Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.
Russian President Vladimir Putin is expected to visit India around December 5 to hold annual summit talks with Prime Minister Narendra Modi to further solidify bilateral strategic ties.
'Trump does have a master plan in mind to put pressure on India with the additional tariff of 25 per cent to get Modi to persuade Russian President Vladimir Putin to freeze the Ukraine war.' 'It has not worked so far. By end-September only we'll know for sure the future trajectory of India's oil purchases from Russia,' observes Ambassador M K Bhadrakumar.
"... It's time to stop this madness. It's time to halt the killing. It's time to end the senseless war. If you want to end wars, you have to talk to both sides," Trump said.
The five largest exporters of major arms in 2020-2024 were the US (43 per cent), France (9.6 per cent), Russia (7.8 per cent), China (5.9 per cent), and Germany (5.6 per cent).
US President Donald Trump has repeated his claim of "stopping" the conflict between India and Pakistan through trade and tariffs, and suggested he deserves the Nobel Peace Prize for settling multiple conflicts.
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.
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.
United States President Donald Trump's special envoy for Russia-Ukraine negotiations, Keith Kellogg, has been excluded from high-level discussions aimed at ending the war in Ukraine, according to a report in NBC News.
'The Alaska Summit made me realise that while difficult, peace is within reach.'
China's ruling Communist Party is holding its annual leadership conclave to discuss the new five-year plan, the impact of US President Donald Trump's tariff war, and the ongoing anti-corruption crackdown in the military.
'No respite from economic pain is worth the loss of dignity and self-respect,' asserts former foreign secretary Shyam Saran.
World Boxing Championships 2025: Pawan Bartwal registers hard-fought win over Trindade
Ahead of trade talks between Indian and United States officials in Delhi, White House trade advisor Peter Navarro said India, which has the 'highest tariffs' of any major country, is 'coming to the table'.
Navarro's remarks came after the public display of bonhomie by the three leaders on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Tianjin on Monday.
India responds to US President Trump's claim that PM Modi assured him of halting Russian oil imports, stating it is diversifying energy sources to meet market conditions and safeguard consumer interests.
Trump's post on Truth Social comes a day after the US asked G7 countries to impose tariffs on countries purchasing oil from Russia.
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.
India abstained on two UN General Assembly resolutions calling for a de-escalation, an early cessation of hostilities and a peaceful resolution of the war against Ukraine. The resolutions were adopted on the third anniversary of the Russia-Ukraine conflict, with the UN Secretary General stressing that the war in Ukraine stands as a grave threat to the peace and security of Europe and the core principles of the United Nations.
India and the UK have announced a series of defence cooperation initiatives, including a USD 468 million deal for the supply of lightweight multirole missile systems to enhance India's air defence capabilities.
British Prime Minister Keir Starmer has said the United Kingdom, France and Ukraine have agreed to work on a ceasefire proposal to present to the United States, Al Jazeera reported.
US Secretary of State Marco Rubio claims President Donald Trump was instrumental in bringing about the cessation of hostilities between India and Pakistan, a claim India has consistently denied.
Supporting Trump's proposal for a trilateral meeting between Ukraine, the US, and Russia, Zelenskyy said, "Key issues can be discussed at the level of leaders, and a trilateral format is suitable for this."
India's crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet festive demand, according to ship tracking data.
Trump stated that Russia will face "severe economic consequences" if Putin doesn't show interest in de-escalating the Ukraine conflict.
Prime Minister Narendra Modi congratulated US President Donald Trump on the success of the first phase of a US-brokered peace plan for Gaza and reviewed trade negotiations during a phone conversation.
With him is a letter he had brought for Melania Trump, thanking her for a letter she sent to Putin on Friday, raising the plight of Ukrainian children kidnapped by Russia.
Dharambir and Atul win silver and bronze for India in World Para Athletics C'ships
'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.'
Meeks, a ranking member of the House Foreign Affairs Committee Democrats, on Wednesday (local time) underscored "Congress' support for the US-India partnership," following his meeting with Indian Ambassador to the US Vinay Mohan Kwatra.
Trump has made clear his intention to mediate a resolution between the two nations, emphasising the need for a swift de-escalation of violence.
The Trump administration has told the US Supreme Court that it imposed tariffs against India for purchasing Russian energy products as part of its strategy to address the war in Ukraine.
Russian President Vladimir Putin expressed optimism about Russia-US relations, citing potential cooperation in the Arctic and Alaska. He acknowledged the current low level of relations but sees improvement with President Trump's administration. Putin also emphasized the importance of Russia's sovereignty and the role of its nuclear industry.
Lutnick said that these countries have to understand that if "you want to sell to the US consumers, you've got to play ball with the President of the United States."
Bulgaria's Ruzhdi claimed his sixth successive gold medal in the men's shot put F55 competition with a world record throw in the World Para Athletics Championships in New Delhi on Sunday.
India and Russia always stood "shoulder-to-shoulder" even in the most difficult situations, Prime Minister Narendra Modi told Russian President Vladimir Putin on Monday, against the backdrop of possibly the worst phase in New Delhi's ties with the US in over two decades.
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.
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