All posts tagged: West Asia

Global CEOs are lining up to write cheques for India, Amazon its latest example

Global CEOs are lining up to write cheques for India, Amazon its latest example

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Amazon CEO Andy Jassy met Prime Minister Narendra Modi on Thursday, detailing his firms big investment plans in India during the 2026-2030 period. Amazon is the latest multinational firm to expand its plans for the country, which is already seeing a flow of many fresh investment commitments from global companies. Prime Minister Narendra Modi meets CEO of Amazon Andy Jassy, on Thursday. (x/@ajassy) The e-commerce giant on June 25 announced that it would raise its India investment commitment to $48 billion by 2030. The announcement came after Amazon CEO Andy Jassy met PM Narendra Modi and follows a series of major investment commitments by global firms across sectors such as artificial intelligence, cloud infrastructure, manufacturing and data centres. Among the biggest announcements this year was Google’s five-year $15 billion investment plan for artificial intelligence infrastructure in India. Unveiled in February, the plan includes investments in subsea connectivity, data centres, cloud capacity and AI skilling initiatives. Also Read: Government announces measures to attract foreign capital India’s rapidly expanding data centre sector has also attracted significant global …

LPG price hike inevitable due to global crisis, says Union Minister Prahlad Joshi

LPG price hike inevitable due to global crisis, says Union Minister Prahlad Joshi

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Union Minister Pralhad Joshi said on Sunday that the Centre also feels “very sad and sorry” over the hike in gas cylinder prices, but described it as “inevitable” given the prevailing global situation. LPG price hike inevitable due to global crisis, says Union Minister Prahlad Joshi (PTI) The domestic cooking gas LPG price has been raised by ₹29 per cylinder, marking the second increase in three months as state-owned fuel retailers continue to grapple with elevated global energy costs. Also Read I ₹29, now cost ₹942 in Delhi”>LPG price hiked again: Cooking gas rates increased by ₹29, now cost ₹942 in Delhi “We also feel very sad and sorry about the hike in gas cylinder prices, but before criticising, everyone should understand the situation in the entire world. The world is reeling under very serious crises,” Joshi said, speaking to reporters here. “No transshipment is happening, and LPG is available from a very limited number of sources,” Union Minister for Consumer Affairs, Food and Public Distribution, and New and Renewable Energy, said. Aimed at ensuring …

Recent fuel price hike a form of belt tightening amid rise in crude prices, says experts

Recent fuel price hike a form of belt tightening amid rise in crude prices, says experts

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Senior executives from state-run oil companies ONGC and BPCL have said the recent increase in petrol and diesel prices reflect the impact of prolonged geopolitical tensions in West Asia, rising global crude oil prices and mounting pressure on oil marketing companies due to under-recoveries. Speaking on the impact of the West Asia conflict, ONGC Director (Exploration) Sushma Rawat said crude oil prices have remained highly volatile amid uncertainty over the conflict. “Whenever there is a declaration that there is a peace accord, the crude prices start to dip. And when you realise that there is no solution, the prices go up again,” Rawat 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

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

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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

Beyond Trending: What is hegemonic stability? 

Beyond Trending: What is hegemonic stability? 

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3 min readNew DelhiMay 22, 2026 04:51 PM IST Calling for an immediate end to hostilities in West Asia, Chinese President Xi Jinping also warned of “unilateral and hegemonic countercurrents running rampant” in the world, as he held talks with his Russian counterpart, Vladimir Putin. The talks, held during Putin’s two-day visit to Beijing (19-20 May), came less than a week after US President Donald Trump concluded his three-day visit. These visits are seen as underlining China’s emergence not just as a central hub of global diplomacy but also for regional and global stability. The US has long been viewed as the guarantor of global order, but the speculation regarding China’s emergence as an alternative has triggered a debate around the idea of hegemonic stability.  What is hegemony  The word hegemony comes from classical  Greek history, which means supreme command or supremacy. In edited volume Two Hegemonies: Britain 1846-1914 and the United States 1941-2001 (2002), S Ryan Johansson notes that the word hegemony was originally used to describe the relationship of Athens to the other Greek …

Haryana CM cycles to Sukhna Lake from official residence; urges public to save fuel

Haryana CM cycles to Sukhna Lake from official residence; urges public to save fuel

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Haryana chief minister Nayab Singh Saini on Tuesday cycled from his official residence to Sukhna Lake and appealed to the public to use bicycles and public transport to save fuel. Haryana Chief Minister Nayab Singh Saini rides a bicycle to Sukhna Lake from his official residence amid PM Narendra Modi’s fuel-saving appeal (ANI) From reducing official convoy sizes and cycling to offices to directing departments to limit the use of government vehicles, Saini and his ministers are taking various measures in response to Prime Minister Narendra Modi‘s appeal to cut down fuel consumption and spend resources wisely. According to an official statement, arriving at Sukhna Lake in the morning, the chief minister went for a morning walk, interacted with the public, and delivered the message of a ‘Healthy India, Healthy Haryana’. Saini said in Haryana, Standard Operating Procedures (SOPs) have been issued to save fuel, tailored to the administration’s requirements. His security personnel also accompanied him on bicycles from the official residence, which is around 3 km from Sukhna Lake. Saini has also resolved to …

Iran welcomes Indian initiative to end war, says Iranian minister

Iran welcomes Indian initiative to end war, says Iranian minister

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New Delhi: Iran will welcome any Indian initiative to end the war in West Asia and ensure security and stability, though one BRICS member state is holding up consensus within the grouping in finalising a joint declaration, Iranian deputy foreign minister Kazem Gharibabadi said on Wednesday ahead of a key meeting of the bloc. Iran will welcome any Indian initiative to end the war in West Asia and ensure security and stability, Iranian Deputy Foreign Minister Kazem Gharibabadi said (ANI Photo) Gharibabadi, a member of the Iranian team conducting negotiations with the US, spoke with a small group of journalists hours before Iranian Foreign Minister Seyed Abbas Araghchi arrived in New Delhi to participate in a meeting of BRICS foreign ministers to be held during May 14–15. Araghchi will also hold bilateral meetings with External Affairs Minister S Jaishankar and Russian Foreign Minister Sergey Lavrov. With nearly a dozen Indian-flagged ships still located to the west of the Strait of Hormuz, which has been effectively closed by Iran since the start of the West Asia …

India, Italy exchange Bilateral Military Cooperation Plan for 2026-27; strengthen maritime information sharing via Gurugram fusion centre

India, Italy exchange Bilateral Military Cooperation Plan for 2026-27; strengthen maritime information sharing via Gurugram fusion centre

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A Bilateral Military Cooperation Plan for 2026-27 was exchanged on Thursday during high-level bilateral talks between Defence Minister Rajnath Singh and his Italian counterpart Guido Crosetto in the national capital, aimed at strengthening the framework for future military engagement and maritime cooperation between the two nations. As per an official release from the Ministry of Defence, Singh, along with the Italian Defence Minister, reaffirmed that the India-Italy Strategic Partnership is built on shared values of peace, stability, freedom, and mutual respect. 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

Hormuz disruption not distant, has direct implications for India: Rajnath Singh| India News

Hormuz disruption not distant, has direct implications for India: Rajnath Singh| India News

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Defence minister Rajnath Singh on Tuesday said that the geopolitical instability in West Asia, driven by the ongoing conflict involving the US, Israel, and Iran, is no longer a regional issue, given its far-reaching implications for global energy security, food security, and economic stability. Defence Minister Rajnath Singh addresses German parliamentarians, calling for enhanced India-Germany defence industrial partnerships and inviting German industry to co-create, co-develop and co-innovate, in Berlin. (@SpokespersonMoD) “For a developing country like India, which relies on the West Asian region for a significant share of its energy requirements, disruptions in the Strait of Hormuz are not distant events, they are stark realities with direct implications for our security and economic stability,” Singh said addressing German Parliamentarians in Berlin. He arrived in Berlin for a three-day official visit aimed at bolstering the India-Germany bilateral military relationship, focusing on strengthening defence industrial cooperation between the two countries. India’s strategy on global challenges India has adopted a proactive and coordinated strategy to address the challenges arising from the conflict and mitigate their direct implications for …

Domestic production of oil, gas ramped up amid West Asia crisis: RBI governor| India News

Domestic production of oil, gas ramped up amid West Asia crisis: RBI governor| India News

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Mumbai, The current crisis in West Asia significantly impacts India, as the region accounts for approximately one-sixth of the country’s exports, half of its crude oil imports, and nearly two-fifths of the inward remittances, Reserve Bank of India Governor Sanjay Malhotra said. Domestic production of oil, gas ramped up amid West Asia crisis: RBI governor During his address at Princeton University on April 18, 2026, the governor highlighted that the Indian economy has demonstrated resilient growth over the past decade, supported by robust policy frameworks, financial stability, and sound fiscal policies. He noted that, in response to the ongoing crisis, India is increasing its domestic production of oil and gas. “Sources of imports are being diversified. While there is no shortage of oil, given the reserves maintained by us, there is some rationing of gas for industrial purposes,” he said. Malhotra emphasised that while oil marketing companies and the government have absorbed some of the price pressures in oil, a portion of the pressures on gas prices has been passed on to consumers. He pointed …