India's exports to Iran have been falling over the last one year, amid decline in rupee reserves of the West Asian economy. Going ahead, the possibility of augmenting exports to Iran may not be easy for India, considering the geopolitical tensions - Russia-Ukraine and Israel-Hamas conflicts - and the West Asian country's support for Russia and Hamas, people aware of the matter said. Exports to Iran saw a downward spiral since November last year.
The foreign ministry's statement came amidst the reported visit of Foreign Minister Sun Weidong to Pakistan on a mediation mission.
Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel, and experts said geopolitical tensions could push up prices.
The Central Asian Volleyball tournament, which India withdrew from following the terror attack in Pahalgam, has been shifted from Islamabad to Tashkent in Uzbekistan.
The United States, Canada and the United Nations have condemned the Iranian air attack on Israel, with President Joe Biden reaffirming America's 'ironclad commitment' to the Jewish nation and vowing to convene a meeting of the G-7 leaders on Sunday to develop a coordinated response to the brazen assault.
'If they can be duplicitous, we can be equally duplicitous.' 'If they offer friendship, we reciprocate.' 'If they choose hostility, we respond with equal hostility.'
Jaishankar emphasised that the stability of the Middle East region was essential because about one crore Indian citizens live there and said, "a large part of our shipping passes through this region and also, oil comes from there."
Trump, who has repeatedly said that he stopped the conflict between India and Pakistan through trade, last Friday said for the first time that "five jets were shot down" during the fighting.
Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.
Trump said he had a series of phone calls on trade with both India and Pakistan.
The US intelligence assessment highlights Pakistan's near-certain procurement of weapons of mass destruction-applicable goods from foreign suppliers, primarily through Chinese support.
The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.
Pro-Palestinian sympathies among fans have also spilt into stadiums as four Arab teams compete
President Trump says the US is close to a trade deal with India, while also claiming to have stopped a war between India and Pakistan.
Pakistan Prime Minister Shehbaz Sharif met with Turkish President Recep Tayyip Erdogan to review bilateral relations and reaffirm their commitment to strengthening their strategic partnership. The two leaders discussed joint ventures and enhanced bilateral investment in key sectors, aiming to achieve a $5 billion annual bilateral trade target. They also expressed gratitude for mutual support during recent tensions with India. The meeting was described as "warm and most cordial," highlighting the deep-rooted historical ties between Pakistan and Turkey.
Trump's method are more destabilising than his policy. So, a good idea these couple of years is to sip Kool-Aid, and savour the joys of Trumplomacy, asserts Shekhar Gupta.
Pakistan on Thursday said that the country's air force struck terrorist hideouts in Iran's Siestan-Balochistan province, a day after Islamabad recalled its ambassador from Tehran in the wake of Iranian missile and drone strikes in Balochistan.
'Countries like Cambodia, Vietnam, Laos, and the Philippines have a 50 per cent increase in bookings.'
Pakistan's ministry of foreign affairs said that the violation of Pakistan's sovereignty is "completely unacceptable" and warned of serious consequences.
Islamabad also summoned the Iranian charge d'affaires here and issued a strongly worded condemnation of Iran's "violation of its airspace", the Foreign Office said.
At the airport, Joseph was received by the regional passport officer.
'I said, fellas, come on, let's make a deal, let's do some trading, let's not trade nuclear missiles, let's trade the things that you make so beautifully, and they both have very powerful leaders, very strong leaders, smart leaders, and it all stopped.'
'$125 million for the hull and the remaining of over $350 million for liability.'
Use of force against Tehran can exacerbate tensions: India
Iranian Ambassador to India Ali Chegeni said his country is 'not for war'. "We are looking for peace and prosperity for everybody in this region," he said.
Leaders of Pakistan, Turkey and Azerbaijan agreed to strengthen their ties for the mutual benefit of their peoples, as well as for regional peace and prosperity. The understanding was reached at the Pakistan-Turkey-Azerbaijan trilateral summit in Lachin, Azerbaijan, attended by Prime Minister Shehbaz Sharif alongside presidents Recep Tayyip Erdogan and Ilham Aliyev. Azerbaijan announced a USD 2 billion investment in Pakistan's economy. Turkey expressed support for the ceasefire between Pakistan and India and hopes that it evolves into permanent peace.
On a five-day rolling basis, FPI selling is the highest in 24 years.
The United States and Iran severed formal relations in 1980 after the Revolution and ties were hostile when their soccer teams clashed in the 1998 World Cup.
'No military offensive by Pakistan will end the insurgency in Balochistan without simultaneous, concerted efforts toward political dialogue to de-escalate tensions.'
State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India's strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil storage space (7.3 million barrels) at two of the country's three existing Strategic Petroleum Reserves (SPRs), around a fifth of the total SPR capacity. This will enable the refilling of crude caverns even as escalating hostilities in the Gulf threaten disruptions in crude supplies, two industry sources said.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
Iran and Saudi Arabia have agreed to re-establish diplomatic relations and reopen embassies after talks in Beijing between officials from the two rival Middle East powers, Iranian state media reported on Friday.
The contest between the two nations, who severed ties more than 40 years ago, was being held with increased security to prevent a flare-up over the unrest that has gripped Iran since the death in custody of 22-year-old Mahsa Amini on Sept. 16.
Christian Pulisic has had a season to forget for Chelsea but in the blue shirt of his beloved United States he scored the goal that gave them their first win at the 2022 World Cup and a spot in the last-16.
Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.
US central command said that several US personnel are undergoing evaluation for "traumatic brain injuries" and at least one Iraqi service member was wounded in the attack.
The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.
Indian airline companies are likely to announce the suspension of flight operations to and from Tel Aviv, Israel, amid rising tensions between Iran and Israel.
'If you see another 1000-point correction, people may start panicking.'
Foreign investors turned net sellers in October, offloading shares worth Rs 27,142 crore in just the first three days of October due to intensifying conflict between Israel and Iran, a sharp rise in crude oil prices, and improved performance of Chinese markets. The outflow came after FPI investment reached a nine-month high of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities after withdrawing Rs 34,252 crore in April-May.
