India's political landscape is ablaze with activity! From the ongoing debates surrounding the new farm bills and their impact on rural India, to the upcoming state elections shaping the national narrative, the stakes couldn't be higher. Key political figures are maneuvering strategically, with alliances shifting and power dynamics constantly in flux. The opposition's challenge to the ruling party is intensifying, sparking vigorous debates on crucial policy matters including economic reforms and social justice initiatives. Parliamentary proceedings are filled with heated exchanges, reflecting the deep divisions within the nation. This evolving political climate directly impacts the lives of every Indian citizen, influencing everything from economic opportunities to social welfare programs. Stay informed about the latest developments in Indian politics, from crucial legislative decisions to grassroots movements, by exploring Abtak.com for in-depth analysis and breaking news updates. Understanding the intricacies of our political system is crucial; stay engaged, stay informed, and stay ahead.
Hyderabad: A day after it was reported that Iran and Oman were making a joint plan for the Strait of Hormuz, three Omani ships crossed the Strait of Hormuz. These ships crossed the strait near the coast of Oman, unlike all the other ships so far that took a route from near Iran. Iran said on Thursday it was drafting a peacetime protocol that would supervise maritime traffic through the Strait of Hormuz with Oman, state media reported, with Tehran's closure of the vital oil corridor roiling the global economy. Deputy foreign minister Kazem Gharibabadi told Russia's Sputnik state media that the protocol would apply after the ongoing war with the United States and Israel had ended, setting basic rules to manage ship movements, the IRNA news agency said. "We are currently finalising the drafting of this protocol and, once it has been finalised internally, we will undoubtedly begin negotiations with the Omani side in order to reach a joint protocol," he said. Oman has yet to report any such negotiations. Its foreign minister said last month his country was "working intensively to put in place safe passage arrangements for the Strait of Hormuz".
Dantewada (Chhattisgarh) [India] July 15 (ANI): The tribal-dominated Dantewada district is all set to make its footprint visible in the high-octane sport of Thai Kick Boxing, as young athletes here have clinched medals in international as well as national events. With the support of the Chhattisgarh Government, the youth of Dantewada are sharpening their skills and preparing for Thai Kick Boxing events to be held in the country and overseas. As Dantewada moves on the path to becoming a hub for producing Thai Kick Boxers, the district is also ready to shed its infamous identity that emerged du ...Read More >
New Delhi [India], October 1 (ANI): India and Russia are finalising dates for Russian President Vladimir Putin's visit to India, which is expected to take place in early December, sources said. Russian Foreign Minister Sergey Lavrov is also expected to visit India before President Putin's visit, to prepare for the summit and discuss bilateral issues. At the 80th session of the United Nations General Assembly (UNGA) on September 27, Lavrov announced that a visit by the Russian President is planned for New Delhi in December, marking the ongoing diplomatic preparations. Speaking about India-Ru ...Read More >
New Delhi, Mar 11 (PTI) State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) absorbing the impact of elevated global energy prices will lead to heightened margin and cash-flow volatility, Moody's Ratings said on Wednesday. "Domestic retail prices of fuels have remained largely steady since April 2022, despite swings in global oil and gas prices and the country's high dependence on imports," Moody's said in a note. "The companies will bear rising input costs from higher energy prices without correspondi ...Read More >
NEW DELHI: Asserting that the foundation of every single nation is its energy security, Leader of Opposition Rahul Gandhi on Thursday alleged that the government has "bartered" to the US India's right to determine its relationships with different oil suppliers due to a "compromise". Raising the issue in the Lok Sabha, Gandhi said the war between the US-Israel and Iran is going to have far-reaching consequences. "The central artery from where 20 pc of global oil flows, Strait of Hormuz, has been closed and this is going to have tremendous repercussions, particularly for us because a very larg ...Read More >
New Delhi, March 12 (SocialNews.XYZ) There is no fuel shortage, and India has sufficient crude oil stock at the moment, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday, adding that people should not spread rumours and avoid creating fake narratives. Speaking in Parliament, the minister stressed that the volume of energy in India is secure. "India's crude supply position is secure, and the secured volume exceeds what Hormuz would have delivered. Thanks to Prime Minister Narendra Modi's outstanding diplomatic outreach and goodwill, India has secured crude volumes that ex ...Read More >
Jammu and Kashmir chief minister Omar Abdullah on Friday condemned the "unjust and illegal war imposed on Iran" and requested Prime Minister Narendra Modi to use his influence to end the war in the interest of humanity. He made the statement in the Legislative Assembly as the Leader of the House after several National Conference MLAs pressed for it, even as BJP legislators maintained that the Iran crisis is an international issue and does not fall in the domain of the House. "On behalf of mysel ...Read More >
NEW DELHI: The government on Monday said that 10 foreign-flagged ships carrying energy products and bound for India are presently stranded in the Persian Gulf. This is in addition to 18 Indian vessels that are currently in that region.Responding to a question, Rajesh Sinha, special secretary of the shipping ministry, said three of the foreign-flagged ships are loaded with LPG, four are carrying crude oil, and three are loaded with LNG. Govt's priority is to ensure that Indian-flagged vessels carrying India-bound cargo are allowed to pass through the Strait of Hormuz, he stressed.Two LPG carrie ...Read More >
New Delhi: In a significant shift in strategy, Donald Trump is reportedly willing to end the ongoing US military campaign against Iran without ensuring the reopening of the strategically vital Strait of Hormuz, according to local report. The development signals a possible recalibration of Washington's war objectives, with the administration prioritising a quicker end to hostilities over securing the crucial oil transit route. As per the report, Trump told aides that the complex and time-consuming task of reopening the Strait through which a major share of global oil supplies passes could be ...Read More >
New Delhi [India], June 5 (ANI): External Affairs Minister S Jaishankar, in the presence of leaders of Central Asian countries, touched upon various business opportunities and complementarities between these respective economies on Thursday. Jaishankar suggested a few areas where India and Central Asian countries should collaborate to improve their economies. Jaishankar noted that India's trade and economic ties with Central Asia have actually shown a very strong positive trend over the last decade. However, he has also said that the trade figures do not reflect the full potential. Given th ...Read More >
New Delhi [India], September 2 (ANI): Prime Minister Narendra Modi on Tuesday said that the day is not far when the smallest chips made in India will drive the biggest change in the world. He added that even though India started late in the semiconductor sector but nothing can stop the country now. Speaking at the inaugural ceremony of India Semicon 2025, the Prime Minister highlighted India's growing role in the global semiconductor ecosystem. He said, "The day is not far when the smallest chip made in India will drive the biggest change in the world. And it is also true that even if we sta ...Read More >
Indian businesses say they are struggling to keep operations running as gas supplies are disrupted by the US and Israel's war on Iran. Restaurant owners are scrambling to keep kitchens running and entrepreneurs in industries like ceramics and fertilisers say they are unable to maintain their production and are warning of shutdowns. India has said it is not short of gas but has invoked emergency measures to ensure supplies get to domestic consumers and other key users. The country meets half of ...Read More >
The shockwaves of a war being fought nearly 3,000km away are now reaching India's kitchens. As the US-Israeli strikes on Iran disrupt energy shipments through the Strait of Hormuz, supplies of liquefied petroleum gas (LPG) are tightening across India, forcing restaurants to cut menus, shorten hours and in some cases shut down altogether. Social media is awash with video clips showing queues outside cooking-gas dealers across Indian cities and towns as worries over fuel supplies spread. Commerci ...Read More >
New Delhi, March 30: India has enough aviation turbine fuel (ATF) for the next 60 days and there is no immediate risk of disruption, Civil Aviation Minister Kinjarapu Rammohan Naidu told the Rajya Sabha on Monday amid concerns over the ongoing West Asia conflict. Responding to questions in the Rajya Sabha, Naidu assured that the country's aviation fuel supply remains stable despite the oil crisis triggered by the West Asia war. "India currently has adequate ATF reserves and does not foresee any shortage in the near future," he said. "India follows a balanced production system for ATF, where n ...Read More >
Delhi power minister Ashish Sood on Monday directed officials to accelerate the expansion of piped natural gas (PNG) connections in the national capital and conduct an intensive door-to-door campaign to encourage residents to adopt PNG, amid the West Asia crisis. Sood said directions were issued to expand PNG coverage across the city in the next quarter. He chaired a high-level meeting to review PNG expansion in Delhi. Senior officials from IGL, the Urban Development Department, the Municipal C ...Read More >
NEW DELHI, March 31 : Oil prices reversed course in Asian trading on Tuesday, paring earlier gains, following a report that U.S. President Donald Trump told aides he is willing to end the Iran war without reopening the Strait of Hormuz. Brent crude futures for May were down $1.22, or 1.08 per cent, to $111.56 per barrel at 0210 GMT after rising 2 per cent earlier in the session. The May contract expires on Tuesday and the more active June contract was at $105.76. U.S. West Texas Intermediate futures for May fell 98 cents, or 0.95 per cent, to $101.90 a barrel after hitting their highest poin ...Read More >
New Delhi: At the 80th session of the United Nations General Assembly (UNGA), Russian Foreign Minister Sergei Lavrov stated that Putin's visit to New Delhi in December is being planned. Regarding India-Russia relations, Russian Foreign Minister Sergei Lavrov said, "We have a very broad bilateral agenda, including trade, military, technical cooperation, finance, humanitarian affairs, healthcare, high technology, artificial intelligence, and, of course, close coordination internationally, including the Shanghai Cooperation Organisation (SCO), BRICS, and bilaterally." He added that India is fully ...Read More >
BENGALURU, March 31 : Oil prices rose for a fourth day on Tuesday, with Brent crude poised for its largest monthly gain on record and U.S. crude futures set for their strongest monthly increase since 2020, because of supply constraints from the widening Middle East war. Brent crude futures for May rose $2.26, or 2 per cent, to $115.04 a barrel at 0002 GMT, after reaching their highest since March 19 during the prior session. The May contract expires on Tuesday and the more active June contract was at $108.96. U.S. West Texas Intermediate futures for May climbed $3.10, or 3 per cent, to $105. ...Read More >
New Delhi [India], June 29 (ANI): The world paused on June 13 when Israel targeted major military and nuclear facilities, and crucial personalities in Iran as it launched a series of attacks to disempower the West Asian country. Also Read | Hakham Muhammad Issa Al-Issa Dead: IDF Eliminates Hamas Mastermind Behind October 2023 Attack in Israel. The involvement of the Houthis of Yemen and the US in this high-tension conflict stopped short of a nuclear apocalypse--but this was not entirely unexpected. Some saw this coming. Supporting Israel, the US went ahead and struck three key nuclear sites ...Read More >
Mumbai, Jul 1 (PTI) Equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday after falling in the previous trading session, amid a rally in global markets. Moreover, buying in blue-chip stocks -- Reliance Industries and HDFC Bank -- also added to the markets optimism during the initial trade. The 30-share BSE Sensex climbed 177.79 points to 83,784.25 in early trade. The 50-share NSE Nifty went up by 51.2 points to 25,568.25. From the Sensex firms, Asian Paints, Bharat Electronics, UltraTech Cement, Reliance Industries, HDFC Bank and HCL Tech were among the gainers. How ...Read More >
1. India: New strategy on FX volatility The Indian Respondents' Bank (RBI) is allowing more volatility on the USD/INR exchange rate, prompting many companies to hedge with forward contracts. This is the highest level of coverage since 2020. We thank in advance our Official Broker Partner PEPPERSTONE who supported us in writing this article. FX Impact: Potential weakening of the rupee in the short term, but increased stability in the medium-long term. Volatility on USD/INR, EUR/INR, JPY/INR ? opportunities for carry trades and short-term shorts if the dollar strengthens. 2. Australia hit ...Read More >
In the Indo-Pacific region, if one development would prove to be a landmark event in the region's modern history, it would be the signing of the Treaty of Comprehensive Partnership between North Korea and Russia in June 2024. The partnership has paved the way for strengthening bilateral ties between Moscow and Pyongyang and marked the onset of the global order transition, which was already underway. The institutionalization of the U.S., South Korea, and Japan's trilateral security cooperation has also given Russia and North Korea another strategic reason to collaborate. Therefore, with the geo ...Read More >
New Delhi, Jun 27 (PTI) Gold prices plunged Rs 930 to Rs 97,670 per 10 grams in the national capital on Friday as traders rushed to selling amid easing off Middle East tensions and favourable reports about a trade deal between the US and China. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 98,600 per 10 grams on Thursday. On Friday, gold of 99.5 per cent purity declined by Rs 850 to Rs 97,200 per 10 grams (inclusive of all taxes). It had settled at Rs 98,050 per 10 grams in the previous market session. "Gold prices continue to cor ...Read More >
Chennai (Tamil Nadu) [India], July 7 (ANI): BJP leader CR Kesavan on Monday praised Prime Minister Narendra Modi's address at the BRICS Summit and lauded his strong condemnation of cross-border terrorism and said his firm advocacy for equitable representation of the Global South in international institutions was "pioneering and path breaking." "Prime Minister Narendra Modiji unequivocally and categorically calling out the scourge of Pakistan-sponsored and Pak-supported terrorism firmly accord and reflected in the declaration of the BRICS countries, which in the strongest terms condemned the c ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BELOW VIDEO Net GST collections, after accounting for refunds, took a hit by growing by just 1.7 per ...Read More >
New Delhi [India], September 2 (ANI): Prime Minister Narendra Modi on Tuesday said that the day is not far when the smallest chips made in India will drive the biggest change in the world. He added that even though India started late in the semiconductor sector but nothing can stop the country now. Speaking at the inaugural ceremony of India Semicon 2025, the Prime Minister highlighted India's growing role in the global semiconductor ecosystem. Also Read | iPhone 17, iPhone 17 Air, iPhone 17 Pro and iPhone 17 Pro Max Price and Camera Specifications Tipped Ahead of Launch on September 9. He ...Read More >
New Delhi [India], October 3 (ANI): Russian Ambassador to India, Denis Alipov, on Friday, hailed the completion of 25 years of India-Russia strategic partnership, underscoring how it opened a new chapter in the bilateral relationship of the two countries. In a post on X, Alipov said, "On October 3, 2000, Russian President Vladimir Putin and Indian Prime Minister Atal Bihari Vajpayee signed the declaration on strategic partnership, which opened a new chapter in bilateral relations. Today we are celebrating the 25th anniversary of this historic declaration." The post by the Russian Ambassador ...Read More >
New Delhi (IANS): Gold and silver prices will likely open higher in Tuesday's evening session as hopes for de-escalation in the West Asia conflict bolster market sentiment. Following global cues, spot gold jumped 2.39 percent to $4,619.14 per ounce by 11 A.M., while US gold futures for June delivery gained 2 percent to reach $4,649.26. Spot silver advanced 4.82 percent to $73.48 per ounce, and COMEX silver rose 4.44 percent from its previous close to trade at $73.705. On Monday, MCX gold futures (June 5) fell 0.15 percent to end at Rs 1,47,450, while MCX silver futures (May 5) remained flat, ...Read More >
Mumbai, Jul 4 (PTI) The rupee appreciated 15 paise to close at 85.40 against the US dollar on Friday, tracking a decline in the American currency in the overseas market and a weak tone in crude oil prices. Forex traders said Asian currencies, including the rupee, gained ground on renewed hopes of trade deals with the US. US President Donald Trump announced a trade agreement with Vietnam, and that injected a dose of optimism that perhaps more such agreements could be in the pipeline before the crucial July 9 deadline, according to forex traders. At the interbank foreign exchange, the domesti ...Read More >
* Iran has allowed India-flagged tankers to pass through the Strait of Hormuz after talks. * Two Indian tankers, Pushpak and Parimal, are safely transiting the strategically vital strait. * A Liberian-flagged tanker with an Indian captain cleared the strait and docked in Mumbai. Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Iran has dismissed reports claiming Tehran has allowed India-flagged tankers to pass through the Strait of Hormuz amid a worsening global energy ...Read More >
India and Iran have been in touch in recent days over issues related to maritime movement and energy security, the government said on Thursday. Ministry of External Affairs spokesperson Randhir Jaiswal said S Jaishankar and Iran's foreign minister had spoken three times recently. "Iran foreign minister and India's Jaishankar have had 3 phone calls in recent days to discuss safe passage of ships, energy security," Jaiswal said. India has been closely monitoring developments in West Asia as tens ...Read More >