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Xi, Putin Oppose US-Israel Strikes on Iran, Warn Over Strait of Hormuz Disruption

hinese President Xi Jinping and Russian President Vladimir Putin on Wednesday strongly opposed the ongoing US-Israel military actions against Iran and warned that disruptions to shipping routes in the Strait of Hormuz could seriously affect global trade. The remarks came after day-long talks between the two leaders in Beijing. In a joint statement issued after Read More…

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India, Italy Elevate Bilateral Ties to Special Strategic Partnership

India and Italy on Wednesday agreed to elevate their bilateral relationship to the level of a “Special Strategic Partnership” following wide-ranging talks between Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni in Rome. Addressing a joint press statement after the meeting, Modi said both leaders held extensive discussions on strengthening cooperation across sectors Read More…

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Stock Markets Decline in Early Trade Amid Weak Global Cues, Rising Oil Prices

Benchmark equity indices fell sharply in early trading on Wednesday amid weak global market trends, rising crude oil prices and renewed concerns over geopolitical tensions involving Iran. The 30-share BSE Sensex dropped 517.11 points to 74,667.51 during early trade, while the 50-share Nifty 50 declined 152.45 points to 23,475.80. Market analysts said investor sentiment remained Read More…

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PM Modi Holds Talks with Finland PM on Sidelines of India-Nordic Summit

Prime Minister Narendra Modi on Tuesday held bilateral talks with Finnish Prime Minister Petteri Orpo on the sidelines of the 3rd India-Nordic Summit in Oslo. The two leaders reviewed the progress of bilateral relations and discussed ways to strengthen cooperation in trade, technology and innovation. Both sides welcomed the steady growth in trade in goods Read More…

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PM Modi Holds Talks with Nordic Leaders on Clean Energy, Trade and Digitalisation

Prime Minister Narendra Modi on Tuesday held separate bilateral meetings with the leaders of Iceland, Finland and Denmark ahead of the 3rd India-Nordic Summit in Oslo. During the meetings, Modi discussed ways to strengthen cooperation in areas including clean energy, sustainability, trade, innovation and digitalisation. The Prime Minister held talks with Iceland Prime Minister Kristrún Read More…

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Rupee Weakens Against US Dollar Amid Global Tensions

The Indian rupee slipped by 18 paise to 96.38 against the US dollar in early trade on Monday, weighed down by a stronger dollar, rising US treasury yields and growing concerns over tensions between the United States and Iran. According to forex traders, market sentiment remained weak as rising crude oil prices and uncertainty surrounding Read More…