All posts tagged: geopolitical tensions

Centre may push airlines to reduce passenger charges amid lower fuel prices

Centre may push airlines to reduce passenger charges amid lower fuel prices

Published by Webster

The government may soon ask airlines to review and reduce surge pricing and additional passenger charges if the recent decline in crude oil and aviation fuel prices proves to be sustainable, Civil Aviation Minister K Ram Mohan Naidu said on Thursday. The Centre is closely monitoring trends in aviation turbine fuel (ATF) prices and has initiated discussions with airlines to assess whether the current easing in fuel costs is likely to continue over the long term. “At present, we are seeing prices coming down, but we need to assess whether this is a long-term reduction or a temporary fall. Discussions with airlines are underway,” Naidu said. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Key Takeaways on Ukraine, Iran, Migration and India

Key Takeaways on Ukraine, Iran, Migration and India

Published by Parlour News

From June 15 to 17, world leaders came together in France for the G7 (Group of Seven) meeting amid rising geopolitical tensions and economic instability. The meeting focused on the Russia-Ukraine war, the tensions in West Asia, artificial intelligence (AI) and global trade disruptions.  The G7, an informal forum of leading industrialised nations, comprises Canada, France, Germany, Italy, Japan, the UK and the US. Ukrainian President Volodymyr Zelenskyy’s presence at the 52nd edition of the summit drew global attention, amid renewed efforts to bring a resolution to the Russia-Ukraine war, now in its fifth year.  India also participated in the event, with Prime Minister Narendra Modi flagging concerns over the safety of Indian seafarers in the Strait of Hormuz, after attacks on commercial ships by the US Navy killed three Indians. Following three days of discussions, the G7 leaders released statements on major topics such as human trafficking, geopolitical issues and rebuilding international partnerships.  Here’s a look at what G7 brings for the world, what it means for India, and the developments to watch going …

India urges de-escalation as fresh West Asia tensions heighten global concern

India urges de-escalation as fresh West Asia tensions heighten global concern

Published by Webster

India on Monday expressed deep concern over the latest escalation in West Asia, urging all parties involved to immediately reduce tensions and pursue a diplomatic solution, reported the IANS. In a statement, the Ministry of External Affairs (MEA) said the renewed attacks in the region were a matter of serious concern for the international community. “India deeply regrets the renewed attacks in West Asia. These developments are a matter of utmost concern to the international community,” the MEA said, the news agency reported. India noted that the conflict has now continued for more than 100 days, causing significant human suffering and affecting economic stability across the world. The MEA said the prolonged hostilities have disrupted global trade and energy supplies, adding to international concerns over the impact of the crisis. The government called on all sides to protect civilians and support ongoing diplomatic efforts aimed at restoring peace and stability in the region. India reissues travel advisory for Iran Earlier on Monday, the Indian Embassy in Tehran renewed its advisory for Indian nationals in Iran. …

PM Modi meets Economic Advisory Council to discuss growth and reforms

PM Modi meets Economic Advisory Council to discuss growth and reforms

Published by Webster

Prime Minister Narendra Modi on Saturday held a meeting with the members of the PM-Economic Advisory Council. PM Modi and the members of the Economic Advisory Council discussed various ideas and measures to further boost India`s economic growth in times of global turmoil. Various reforms to improve ease of living and ease of doing business were also discussed. The Members also gave their assessment of the impact of the West Asia Conflict on India and the world. The meeting comes at a time when economies across the world continue to grapple with geopolitical tensions, trade uncertainties and uneven growth trends. Last month, PM Modi made seven appeals to citizens to contribute towards economic resilience by reducing dependence on imported fuel and adopting environmentally sustainable alternatives amid the West Asia conflict. PM Modi urged citizens to prioritise work from home, cut fuel consumption, avoid foreign travel for a year, adopt Swadeshi products, reduce cooking oil use, shift to natural farming and curb gold purchases. To combat the volatility of fuel prices, PM Modi urged a shift …

US Secretary of State says Washington can help diversify India’s energy supply

US Secretary of State says Washington can help diversify India’s energy supply

Published by Webster

US Secretary of State Marco Rubio, during his meeting with Prime Minister (PM) Narendra Modi in New Delhi on Saturday, said Washington would not allow Iran to hold the global energy market ‘hostage’ and underscored that US energy products could help diversify India’s energy supply, according to the US State Department. In a statement, Tommy Pigott, spokesperson for the US State Department, said Rubio and PM Modi discussed the West Asia conflict and reviewed recent bilateral gains, including major investments aligned with the President and Prime Minister’s “Mission 500” target to double trade by 2030, news agency IANS reported. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Marco Rubio extends President Trump’s invitation to PM Modi to visit White House

Marco Rubio extends President Trump’s invitation to PM Modi to visit White House

Published by Webster

Visiting US Secretary of State Marco Rubio on Saturday called on Prime Minister (PM) Narendra Modi soon after his arrival in New Delhi and extended an invite on behalf of President Donald Trump for the Indian Premier to visit the White House in the near future, news agency IANS reported. After the meeting, PM Modi said both countries would continue to work closely for the global good. “Happy to receive the US Secretary of State, Mr. Marco Rubio. We discussed sustained progress in the India-US Comprehensive Global Strategic Partnership and issues related to regional and global peace and security. India and the United States will continue to work closely for the global good,” he wrote on X. Happy to receive the US Secretary of State, Mr. Marco Rubio. We discussed sustained progress in the India-US Comprehensive Global Strategic Partnership and issues related to regional and global peace and security. India and the United States will continue to work closely for… pic.twitter.com/CuD0DdDXB7 — Narendra Modi (@narendramodi) May 23, 2026 US Ambassador to India Sergio Gor also …

Sensex, Nifty open in green for 2nd straight day, extend recovery after PM’s austerity call hit

Sensex, Nifty open in green for 2nd straight day, extend recovery after PM’s austerity call hit

Published by Parlour News

Indian benchmark indices opened higher on Thursday, extending a mild rebound from the previous session amid cautious optimism in global markets despite persistent concerns over rising crude oil prices, foreign capital outflows and geopolitical tensions in the Middle East. The BSE Sensex opened at 74,989.84, gaining 380.86 points or 0.51 per cent in early trade. (PTI) The BSE Sensex opened at 74,989.84, gaining 380.86 points or 0.51 per cent in early trade. The NSE Nifty 50 was also expected to open firmly higher, supported by positive cues from GIFT Nifty futures. Indian equities had snapped a four-session losing streak in the previous session, with both the Sensex and Nifty ending about 0.1 per cent higher. However, the recovery followed a sharp correction of nearly 4 per cent over the past four sessions, triggered by elevated oil prices and Prime Minister Narendra Modi’s call for austerity measures. Market analysts said Thursday’s gains reflected bargain buying after steep losses rather than a clear shift in investor sentiment. “While there is some renewed buying interest after the sharp …

Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18

Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18

Published by Webster

Oil marketing companies are selling petrol and diesel at a loss of Rs 14 per litre and Rs 18 per litre, respectively, as elevated crude prices outpace capped retail fuel rates, squeezing marketing margins. Besides losses on petrol and diesel, the elevated energy prices post West Asia crisis are likely to leave companies with an under recovery of Rs 80,000 crore on cooking gas LPG in the current fiscal, while fertiliser subsidy is projected to rise to Rs 2.05 to 2.25 lakh crore. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Congress MP Shashi Tharoor meets Iran’s Ambassdor to India Mohammad Fathali, discusses ‘prospects for peace’

Congress MP Shashi Tharoor meets Iran’s Ambassdor to India Mohammad Fathali, discusses ‘prospects for peace’

Published by Webster

Congress MP Shashi Tharoor held a meeting with the Iranian Ambassador to India Mohammad Fathali on Tuesday and discussed “prospects for peace” in the region amid the ongoing tensions. Tharoor also met with Omid Bebellian, an Iranian diplomat. “Received a courtesy call from Iranian Ambassador Mohammad Fathali @iranambIndia yesterday. We had a detailed and constructive discussion on current events and on the prospects for peace and regional stability at this difficult time. The Ambassador, a former Deputy Foreign Minister, was accompanied by Omid Bebelian, the first Iranian diplomat with a PhD in Modern Indian Studies!” Tharoor posted on X. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

No double standards in combating terrorism: Rajnath Singh at SCO meet

No double standards in combating terrorism: Rajnath Singh at SCO meet

Published by Webster

The Shanghai Cooperation Organisation (SCO) must not lose sight of “state-sponsored” cross-border terrorism as there is no place for any “double standards” in combating the menace, Defence Minister Rajnath Singh said on Tuesday in a clear reference to Pakistan`s support to various terror groups. In his address at a conference of the Shanghai Cooperation Organisation (SCO) in Bishkek, Singh said India demonstrated its “firm resolve” during Operation Sindoor that “terror epicentres are no longer immune to justifiable punishment”. “We must not lose sight of state-sponsored cross-border terrorism which attacks the very sovereignty of a nation state,” he said. “There is no place for any double standards, and SCO should not hesitate in seeking appropriate action against those who abet, shelter and provide safe havens to terrorists,” Singh said. The defence minister pitched for concerted global efforts to combat terrorism. “We are also facing a growing challenge in the form of extremism, radicalism and terrorism. Terrorism has become the most serious threat to the emerging world order.” “It is in this backdrop that the SCO emerged …