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Government News
In a move to internationalise the rupee, the Reserve Bank of India (RBI) is seeking approval from the central government to allow domestic banks and their foreign branches to lend the currency to overseas borrowers for the first time, two sources said. The move aims to enhance the use and acceptability of the local currency…
North Korea has arrested a fourth official over the failed launch of a new warship that has enraged the country’s leader, Kim Jong Un. Ri Hyong-son, deputy director of the ruling Workers’ Party’s Munitions Industry Department, was “largely responsible for the serious accident” last week, state-run news agency KCNA said on Monday. The 5,000-ton destroyer…
United States President Donald Trump has lambasted his Russian counterpart, Vladimir Putin, describing him as “absolutely crazy” after Moscow launched its largest aerial attack of the war on Ukraine, killing at least 13 people. Trump’s comments, issued on his Truth Social platform late on Sunday, marked a rare rebuke of Putin. “I’ve always had a…
Crude oil futures traded higher on Monday morning after US President Donald Trump said he would delay the deadline for tariffs on goods from the European Union. At 9.56 am on Monday, August Brent oil futures were at $64.44, up by 0.36 per cent, and July crude oil futures on WTI (West Texas Intermediate) were…
Rushdi Abualouf Gaza correspondent EPA Rubble pictured in a separate area of central Gaza on Sunday At least 24 Palestinians have been killed in two separate Israeli air strikes overnight, including a strike on a school sheltering displaced families in central Gaza, according to medics and civil defence officials. The strike targeted Fahmi Al-Jargawi School…
A Medicaid bill pushed by Republicans proposes significant cuts to the health insurance programme for lower-income Americans. But United States President Donald Trump has claimed the legislation would change Medicaid in ways that only combat “waste, fraud and abuse”, a phrase he repeated seven times over a couple of minutes. “We’re not doing any cutting…
Indonesian President Prabowo Subianto with Chinese Premier Li Qiang inspect the guard of honour during a welcoming ceremony, on the day of their meeting, at the Merdeka Palace in Jakarta, Indonesia, May 25, 2025. | Photo Credit: REUTERS/Ajeng Dinar Ulfiana China is weighing new policy tools in the face of an international economic and trade…
US President Donald Trump has said he is “not happy” with his Russian counterpart Vladimir Putin, following Moscow’s largest aerial attack yet on Ukraine. In a rare rebuke, Trump said: “What the hell happened to him? He’s killing a lot of people.” He later called Putin “absolutely crazy”. Ukrainian President Volodymyr Zelensky earlier said Washington’s…
These are the key events on day 1,187 of Russia’s war on Ukraine. Here is where things stand on Monday, May 26: Fighting Ukrainian officials say the death toll from the largest Russian aerial attack on Ukraine has risen from 12 to 13, and wounded at least 60 people. The victims included three children aged…
Jaishankar took to X (formerly Twitter) to express appreciation for the discussion and wished Anand success in her new role. | Photo Credit: @DrSJaishankar on X via PTI Photo External Affairs Minister S Jaishankar on Sunday had a telephonic conversation with his Canadian counterpart Anita Anand and the two leaders discussed strengthening the relationship between…
