The US announced India's contract to sustain 24 MH-60R Seahawk naval helicopters worth about USD 946 million. The package aims to boost operational readiness, improve maintenance, and strengthen India-US defence cooperation, enhancing the Indian Navy's ability to conduct maritime security
The Indian rupee plunged to an all-time low against the US dollar on Wednesday, crossing the psychologically significant 90 mark amid foreign fund outflows. The development came amid firm crude oil prices and perceived uncertainty around the India-US trade deal.
Indian rupee breached the 90 mark against USD on Wednesday morning, extending its depreciation run through sessions now, and in the process hitting a fresh all-time low for the Indian currency.
Kremlin spokesman Dmitry Peskov said Russia understands US pressure on India over Russian oil but will not interfere in India-US ties. The statement comes ahead of President Vladimir Putin's 2025 India visit, where defence, energy, trade, and the Russia-Ukraine conflict are expected to be
The Indian economy is expected to grow at 7 per cent in the current fiscal 2025-26, and subsequently moderate to 6.7 per cent in the next, Dharmakirti Joshi, Chief Economist, CRISIL Limited, told ANI in an exclusive interview.
The downside in the Indian rupee, which has been steadily depreciating over the past months, is unlikely to abate soon as it hit yet another record low on Monday.
India's exports to its largest export market, the United States, have suffered a sharp reversal under the impact of aggressive tariff hikes. Between May and October 2025, shipments fell 28.5 per cent, plunging from USD 8.83 billion to USD 6.31 billion, according to trade-focused think-tank G
India is hopeful of signing the first tranche of the India-US Bilateral Trade Agreement within the current calendar year, Commerce Secretary Rajesh Agarwal optimistically said on Friday. Talking at FICCI AGM, he indicated that talks have progressed substantially despite recent shifts in g
In an interview with ANI, Lawler said he has never fully understood why India and the United States were "never adversaries but never true friends" despite sharing several common interests and values.
"We live in a world which is more competitive and disrupted, and it is a time that we need stable and reliable partners," he said. "Despite all the global disruption, between India and Australia things are very stable. There is a high level of strategic trust, and we want to be a reliable
The summit, held under the South African G20 Presidency, is taking place today and tomorrow, with PM Modi attending "safely and securely," Ramesh noted, amid the absence of former US President Donald Trump and the United States delegation.