'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.
The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.
India's export of fuels like diesel to the European Union jumped 58 per cent in the first three quarters of 2024, with a bulk of them likely coming from refining discounted Russian oil, according to a monthly tracker report. The EU/G7 countries in December 2022 introduced a price cap and an embargo on the imports of Russian crude oil in a bid to cripple Kremlin's revenue and create a vacuum in its funding for the invasion of Ukraine.
United States President-elect Donald Trump on Tuesday said that he understands the Russian feeling with NATO (North Atlantic Treaty Organisation) being on their doorstep.
In the talks, Putin hoped that Prime Minister Narendra Modi will travel to Russia's Kazan next month to attend the annual BRICS summit.
Investors' sentiments will be guided by a host of domestic and global macroeconomic data announcements this week, along with the trading activity of foreign investors and trends in world stocks, analysts said. Besides, the rupee-dollar trend and movement of global oil benchmark Brent crude will also be crucial in dictating terms in the market, experts added.
Putin's War shifts from the area around Kyiv to eastern Ukraine. Death and Destruction are inevitable.
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.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
The leaders said they stand for adherence to international law, peaceful resolution of disputes and respect for principles of the UN Charter, including territorial integrity and sovereignty of all states.
Chess governing body FIDE's general assembly agreed to consider lifting parts of a ban on Russian and Belarusian players imposed after Moscow invaded Ukraine in February 2022, in a vote on Sunday in Budapest.
US President Joe Biden, who arrived in a surprise visit to Kyiv on Monday, reaffirmed America's unwavering commitment to Ukraine's democracy, sovereignty, and territorial integrity.
Donald Trump's exaggerated opinion of his dealmaking capacity can get him into trouble, observes R Sriram.
Latvia's Jelena Ostapenko and Ukraine's Lyudmyla Kichenok won the women's doubles crown at the US Open with a 6-4, 6-3 victory over the Chinese-French pairing of Zhang Shaui and Kristina Mladenovic on Friday.
Russia's brutal invasion of Ukraine entered its 46th week.
It was good fortune for India to have Atal Bihari Vajpayee lead the government at a crucial moment in our history. He avoided India meeting the fate of Iraq or Ukraine, asserts military historian Colonel Anil A Athale (retd).
Electricity and heating outages across Ukraine caused by Russian missile and drone strikes to energy infrastructure have added urgency to the Ukrainian preparations for winter.
They gave speeches. They sang. They raised slogans. They wore Ukrainian costumes. Ukraine Zindabad!
Trading sentiment in the equity market this week will be guided by global trends, foreign fund movement, macroeconomic data announcements and RBI's interest rate decision, analysts said. The monthly auto sales data announcement would also be tracked by investors this week.
The United States has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia's military-industrial base.
When Kasturi Rajamurty won a gold medal in powerlifting at the WPPL World Cup in Russia, she sure had come a long way. From a life of penury to constantly being short of funds to fuel her passion, she had finally triumphed, and how.
Ukraine's Oleksandr Usyk retained his WBA (Super), WBO and WBC World heavyweight titles by unanimous decision against Britain's Tyson Fury to remain undefeated after an enthralling clash in an electric atmosphere at the Kingdom Arena on Saturday.
Prime Minister Narendra Modi on Friday invited President Volodymyr Zelenskyy to visit India and the Ukrainian leader said he would be happy to travel to the 'great' country.
If the meeting takes place, then it will be the first one between the two leaders after the Russian invasion of Ukraine in February last year.
Scenes from the NATO leaders summit in Vilnius, Lithuania, on July 11, 2023.
India's 59kg woman grappler Anjli clinched a silver medal, while free-style exponent Chirag assured the country of at least a second-place finish when he reached the 55kg final in the in the U23 World Championships in Tirana, Albania.
Images from Day 7 of the 2025 Australian Open at Melbourne Park on Saturday.
Prime Minister Narendra Modi on Friday presented four BHISHM (Bharat Health Initiative for Sahyog Hita and Maitri) Cubes to the Ukrainian government during his visit to the war-torn country where he met President Volodymyr Zelenskyy under the shadow of the raging war with Russia.
India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.
Foreign nationals, who were captured by pro-Russian forces while fighting for Ukraine, were produced at a court hearing in Russian-controlled Donetsk, Ukraine, August 15, 2022.
India first raised the presence of organised crime in Canada but the issue was ignored because of a permissive atmosphere for a long time, External Affairs Minister S Jaishankar said on Saturday, rejecting the targeting of its high commissioner and diplomats by the Trudeau government.
Ahead of Modi-Putin talks, the US called upon India to make it clear to Russia that any resolution of the Ukraine conflict must respect the United Nations charter and Ukraine's territorial integrity and sovereignty.
Russian President Vladimir Putin has ordered Russian defence minister Sergei Shoigu to introduce a 36-hour ceasefire along the entire line of contact between the warring sides in Ukraine from January 6-7, the Kremlin said on Thursday.
Ukraine would not rule out boycotting the Olympic Games if Russian and Belarusian athletes are allowed to compete in the Paris 2024 Games, its sports minister said.
A burning wheat field. Ukrainian soldiers fire a howitzer at Russian positions. A residential building destroyed by a Russian strike... Glimpses of the latest from Ukraine.
While Russia focuses its attack on the east and south of the country, the threat of Russian missile strikes on Kyiv remains.
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.
Fresh holes dug ahead of new funerals sit next to dozens of recent graves, many of which have been filled by those who have died since Russia invaded Ukraine four months ago, in the Walk of Heroes section of the cemetery in Kharkiv.
As the Russian invasion approaches its one-year anniversary and with little let-up in fighting, the Ukrainian economy continues to suffer.
Electricity and heating outages across Ukraine caused by Russian missile and drone strikes to infrastructure have added urgency to preparations for winter.
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