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16.11 / 02:03
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A record Russian budget will boost defense spending, shoring up Putin's support ahead of election
Russia’s State Duma passed a record federal budget in its second reading which aims to increase spending by around 25% in 2024, with record amounts going on defense
16.11 / 01:37
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I'm waiting for the thank you: Jaishankar on India softening oil markets amid Russia-Ukraine war
Russia-Ukraine war, External Affairs Minister S Jaishankar noted that the purchase policies of India managed «global inflation». During a conversation hosted by the High Commission of India in London, titled 'How a billion people see the world,' Jaishankar discussed India's impactful position in global affairs. Jaishankar said, «So we've actually softened the oil markets and the gas markets through our purchase policies. We have, as a consequence, actually managed global inflation.
16.11 / 01:11
15.11 / 18:21
15.11 / 17:39
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Oil prices drop on record rise in US crude inventories, demand concerns; Brent at $81/bbl
Also Read: US October wholesale prices fall to 0.5% in biggest monthly drop since April 2020 Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a November 17 expiry, was last trading lower by 1.43 per cent at ₹6,415 per bbl, having swung between ₹6,393 and ₹6,548 during the session far, against a previous close of ₹6,508 per barrel. -Top oil exporters Saudi Arabia and Russia said this month they would continue with their additional voluntary oil output cuts of 1.3 million barrels per day until the end of the year.
15.11 / 17:29
15.11 / 16:49
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What to expect when Joe Biden meets Xi Jinping ahead of APEC in San Francisco
SAN FRANCISCO : US President Joe Biden and Chinese President Xi Jinping will meet on Wednesday before a summit of the Asia Pacific Economic Cooperation (APEC) forum in San Francisco, seeking to reduce friction in what many see as the world's most dangerous rivalry. The leaders of the world's two largest economies have known each other for over a decade and have shared hours of conversation in six interactions since Biden's January 2021 inauguration.
15.11 / 16:29
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EU moves closer to imposing a new set of sanctions on Russia for its war on Ukraine
The European Union’s executive has proposed to the member states a new package of sanctions targeting Russia
15.11 / 16:29
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Estonia's Prime Minister Kaja Kallas signals her interest in NATO's top job
Estonia’s Prime Minister Kaja Kallas is signaling that she's willing to put her name forward for NATO’s top job when it falls vacant next year
15.11 / 16:09
economy
Russia's Q3 GDP growth estimated at 5.5% -Rosstat
(Reuters) — Russia's gross domestic product (GDP) grew 5.5% in the third quarter compared to the same period last year, when it shrunk 3.5%, the state statistics service Rosstat estimated on Wednesday.
15.11 / 15:29
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Geopolitical tensions
Defense Stocks Poised to Gain as Geopolitical Tensions Keep Rising: Time to Buy?
Amid escalating geopolitical risks in the past few months, attention has turned to defense stocks. While challenges in the defense industry have affected their performance relative to the index since last year, the continued influx of orders these companies are receiving suggests things could be about to change for this sector.
15.11 / 14:19
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Russia concedes Ukrainian troops have crossed Dnipro River in Kherson region
(Reporting by Tom Balmforth and Yuliia Dysa; Additional reporting by Olena Harmash; Editing by Alex Richardson)Milestone Alert!Livemint tops charts as the fastest growing news website in the world
15.11 / 12:09
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Economy has lost momentum during a tough year, EU commission says and warns of risk from Mideast
The European Union’s executive commission has lowered growth its expectations for this year and next, saying the economy “has lost momentum” as inflation discourages consumers and higher interest rates deter borrowing for purchases and investment
15.11 / 12:09
15.11 / 12:09
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UK government meets pledge to halve inflation this year as rate falls to 2-year low of 4.6%
Inflation in the U.K. dropped sharply in October to its lowest level in two years largely because last year's steep rise in domestic energy bills dropped out of the annual comparison
15.11 / 12:09
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UAE president visits Dubai Air Show as Russian arms company shows attack helicopter used in Ukraine
The leader of the United Arab Emirates has toured the Dubai Air Show as a sanctioned Russian arms supplier displayed an attack helicopter used in its war on Ukraine
15.11 / 10:59
15.11 / 10:59
15.11 / 07:23
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Hackers stole DP World data, patch lapse blamed
DP World has confirmed hackers stole data during a breach that forced it to shut down ports around the country last week and which experts say was likely to have stemmed from its failure to patch a widely known security flaw.
15.11 / 04:23
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Dubai International Airport, world's busiest, on track to beat 2019 pre-pandemic passenger figures
Dubai International Airport this year will eclipse the pre-pandemic passenger figures in 2019, showing the strong rebound in travel after the coronavirus pandemic and lockdowns that grounded aircraft worldwide, a top official said Wednesday. The airport, the world's busiest for international travel and home of the long-haul carrier Emirates, has had 64.5 million passengers pass through its cavernous concourses through the third quarter of this year. That puts it on track to reach 86.8 million passengers for the full year, which would exceed its 2019 figure of 86.3 million passengers.
15.11 / 02:31
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Joe Biden and Xi Jinping to meet ahead of APEC Summit: Top 7 things to know
scheduled to meet prior to the 30th Asia Pacific Economic Cooperation (APEC) forum in San Francisco, aiming to mitigate tensions in what's viewed as a critical global rivalry. Leaders from the 21-member forum will gather at the global summit. However, the Biden-Xi bilateral will be the marquee moment of the forum, as it comes amid rising tension between the two nations following a series of events touched off by the shooting down of a Chinese spy balloon that had wafted across the US earlier this year.
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