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agricultural authorities report that nearly 250,000 ha of paddy fields in 14 districts of Punjab and 150,000 ha across seven districts of Haryana are inundated. If conditions persist, excessive rainfall could potentially result in a reduced crop yield due to additional damage to the paddy fields. The Black Sea grain deal holds critical significance due to the enormous influence Russia and Ukraine exert on the global grain market, contributing over one-third of total exports.

Investing.com — ExxonMobil (NYSE:XOM) has reported lower-than-anticipated profit in the second quarter, as the largest U.S. oil major was hit by a decline in natural gas prices.

Vladimir Putin on Friday rejected suggestions that Russia's «special military operation» in Ukraine was responsible for high global food prices, saying Western «mistakes» in the form of monetary stimulus were at the root of the problem.Putin asserted at the Russia-Africa summit in St Petersburg that the United States and the European Union had printed money to buy food as a result of the COVID-19 pandemic, and that «prices skyrocketed». Putin appeared to be referring to the policy of «quantitative easing» to help major Western economies function under the social and economic disruption of the pandemic.

Yoshimasa Hayashi, also deliberated on enhancing cooperation in defence equipment and technology. The discussions took place as part of a two-day visit by Hayashi to the Indian capital, AP reported.

BRICS group of emerging markets to grow its political clout and counter the US, officials with knowledge of the matter said. The countries have raised objections in preparatory talks for a summit in Johannesburg next month where Brazil, Russia, India, China and South Africa will discuss potentially expanding the group to include Indonesia and Saudi Arabia. China has repeatedly lobbied for expansion during those meetings, said the officials, who asked not to be identified as the discussions are private.

India and Japan explored collaborating in critical technologies, including semiconductors and resilient supply chains, as part of plans to reach a target of $35.9 billion Japanese investment in the country by 2027, officials said on Friday. Foreign Ministers of India and Japan, S. Jaishankar and Yoshimasa Hayashi, met in New Delhi on Thursday and also discussed ways to deepen defense equipment and technology cooperation.

defence spending would boost the economy. “We can reap a genuine peace dividend this year and then year after year, in the form of permanently reduced defence budgets," he declared in 1992. The world took note.

Tehreek-e-Insaf (PTI) chief said that the federal government led by Prime Minister Shehbaz Sharif has fallen to great depths just to get him disqualified or jailed ahead of general elections later this year. “Not only do they post crooks who are incompetent to important positions, but they also try to convince the nation that everyone is as crooked as them.

United States. State media said Friday Kim attended Thursday evening’s parade with Russian Defense Minister Sergei Shoigu and Chinese ruling party official Li Hongzhong from a balcony looking over the city’s main square.

Kim Jong Un and visiting delegations from China and Russia, North Korean state media reported on Friday. The widely anticipated parade was held on Thursday night to commemorate the 70th anniversary of the end of the Korean War, celebrated in North Korea as «Victory Day».

Russia and Africa reached USD 18 billion in 2022, Russian President Vladimir Putin said on Thursday, according to the Kremlin. Talking about trade ties, Putin said, «Our mutual trade reached approximately 18 billion US dollars in 2022 and increased by nearly 35 per cent in the first six months of 2023.» Russian President Putin on Thursday held a trilateral meeting with the Chairperson of the African Union and President of the Union of the Comoros Azali Assoumand the Chairperson of the African Union Commission Moussa Faki Mahamat. «Russia remains a reliable food supplier for Africa.

Chandrayaan-3 on its official Twitter handle. Take a look at the video below, “We're thrilled to see #Chandrayan3 (@isro) observed by @astro_agn at ROTUZ (Panoptes-4) telescope (J. Gil Institute of Astronomy University of Zielona Góra), operated by@sybilla_tech.

French magistrates are investigating a leading chip supplier whose advanced technology with possible military uses was reportedly smuggled to China and Russia, allegedly skirting sanctions and export controls

More than 1,000 U.S. service personnel are in Niger to combat the growing threat from various groups of Islamic extremists

The European Central Bank has raised interest rates for the ninth straight time in its yearlong campaign to stamp out painfully high inflation

Shell has reported that it earned nearly $5.1 billion in the second quarter

Narendra Modi launched a scathing attack on the Opposition at Rajkot on Thursday, saying «at a time when so much of work is happening and the country is moving ahead, it is only natural that some people will have troubles». While inaugurating the Rajkot International Airport and projects worth over '860 cr, Modi took a dig at the Opposition and said «those who kept the people of the country ever longing, those who had nothing to do with the aspirations and desires of the people are a little extra angry today seeing the dreams of the people coming true.» Keeping up the attacks, Modi said: «The corrupt and dynasts have even changed the name of their gang. The faces are old, sins are old, ways are old, only the name of the gang has changed.

Investment professionals in both China and India are largely bullish on Central Bank Digital Currency (CBDC), according to a new survey from the CFA Institute.

Eurozone has an increased inflation rate and the economy is going through a phase of weaker domestic demand, and dampening financial conditions, the European Central Bank (ECB) has increased its interest rate by 25 basis points. Consequently, the benchmark interest rate has gone to 3.75%. It was the consecutive ninth hike in the interest rate.

Global food markets have been thrown into some chaos yet again —not only because of Russia’s decision to pull out of the Black Sea grain deal, but also India’s announcement that it would ban the export of many varieties of rice. The partial exit of the rice market’s largest trading nation, with about a 40% share of exports, has led to fears that food inflation will race out of control, particularly in countries of the Global South that are already struggling with very high debt levels and inflated food and fuel bills.

(Reuters) — President Vladimir Putin has signed decrees to take temporary control of assets belonging to some Western companies in Russia, in retaliation against foreign moves against Russian companies abroad, and warned in April the Kremlin could seize more.