carney-modi

Modi, Carney pledge to finalise comprehensive economic partnership soon

New Delhi: India and Canada on Monday inked a landmark agreement on cooperation in supplies of uranium, and decided to soon finalise a comprehensive economic partnership agreement following talks between Prime Minister Narendra Modi and his Canadian counterpart Mark Carney. The two leaders also deliberated on the precarious security situation in West Asia, with Prime…

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moodys Analytics

Escalating hostilities in the Middle East risk renewed energy, inflation shocks: Moody’s

New Delhi: Escalating hostilities in the Middle East are heightening risks for India and other Asian commodity importers, as military strikes and retaliatory attacks disrupt key energy and trade routes, Moody’s Analytics said on Monday. The United States and Israel launched military strikes on targets in Iran over the weekend. Tehran retaliated with missiles and…

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modi-netanyahu image

PM Modi speaks to Israel PM Benjamin Netanyahu, discusses West Asia situation

New Delhi: Prime Minister Narendra Modi on Monday spoke to his Israeli counterpart, Benjamin Netanyahu, to discuss the West Asia situation and conveyed India’s concerns. During his telephonic conversation with Netanyahu, Modi emphasised the safety of civilians as a priority. “Had a telephone call with PM Benjamin Netanyahu to discuss the current regional situation. Conveyed…

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Columnist M S Shanker, Orange News 9

Oil, War, and the World

Two days. That’s all it took for global crude prices to spike and financial markets to wobble. The latest flare-up between Israel and Iran has once again reminded the world of a brutal economic truth: when the Middle East burns, the global economy pays. Oil is the bloodstream of modern commerce, and the Middle East…

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