India is actively negotiating bilateral investment treaties (BITs) with over a dozen countries, including Saudi Arabia, Qatar, Israel, Oman, European Union, Switzerland, Russia, and Australia, a government official said. Besides these nations, talks are underway with Tajikistan, Cambodia, Uruguay, Maldives, Switzerland, and Kuwait. These investment treaties help in protecting and promoting investments in each other's countries. With India approaching to become the third-largest economy and a hub for global manufacturing, the government is taking a series of measures to further improve its investment regime that encourages investors. "It is expected that in the next 3-6 months, BIT with some of these countries will be finalised and announced," the official added. The government in the last Budget has announced revamping the current model Bilateral Investment Treaty to make it more investor-friendly and attract foreign players. The country signed BITs with two countries in 2024. La
Waves of drones and missiles targeted Kyiv overnight in the largest aerial assault since Russia's invasion of Ukraine began more than three years ago, officials said Friday, amid a renewed Russian push to capture more of its neighbour's land. Hours after the barrage that killed one person and wounded at least 26 others, including a child, Ukrainian President Volodymyr Zelenskyy said he had a very important and productive phone call with US President Donald Trump. The two leaders discussed how Ukrainian air defences might be strengthened, possible joint weapons production between the US and Ukraine, and broader US-led efforts to end the war with Russia, according to a statement by Zelenksyy. The US has paused some shipments of military aid to Ukraine, including crucial air defense missiles. Ukraine's main European backers are considering how they can help pick up the slack. Zelenskyy says plans are afoot to build up Ukraine's domestic arms industry, but scaling up will take time. Th
State-owned BEML on Friday said it has secured two export orders worth USD 6.23 million for supply of heavy-duty bulldozers and motor graders to Russia and Uzbekistan. The company has secured two distinct orders, including one from a CIS nation for the supply of 10 units of its heavy-duty bulldozers, specially engineered to perform in extreme cold climates with temperatures plunging as low as -50C. The second, maiden-order from Uzbekistan, includes the supply of one unit of the high-performance motor grader, essential for infrastructure development and road maintenance within mining operations. With Uzbekistan becoming the 73rd nation to be added to BEML's global exports portfolio, this development reinforces the company's expanding international reach and its credibility as a preferred partner for advanced, mission-critical equipment. The latest order strengthens BEML's presence in the resource-rich Russian and CIS mining markets, known for their complex terrain and high demand fo
He added in his account on Telegram that he discussed joint defence production, as well as joint purchases and investments with the US leader
Pakistan and Russia have agreed to collaborate on establishing a robust rail and road network to link the South Asian country with Central Asia and Russia, providing landlocked states direct access to warm waters, a media report said on Friday. Federal Minister for Communications Abdul Aleem Khan and Russian Deputy Minister of Transport Andrey Sergeyevich Nikitin, on the sidelines of the Shanghai Cooperation Organisation (SCO) ministerial conference in Tianjin, China, agreed to accelerate infrastructure development across the region to facilitate trade and economic integration. The initiative aims to transform Pakistan into a strategic transit hub by enhancing trade corridors and logistical routes extending to Russia and Central Asia, Geo News reported. Highlighting Pakistan's ongoing modernisation efforts, Khan said the country was digitising its transport infrastructure, introducing barrier-free motorways, mandatory e-tagging, and comprehensive CCTV surveillance. He said the refo
Waves of drone and missile attacks targeted Kyiv overnight into Friday in the largest aerial attack since Russia's war in Ukraine began, injuring 23 people and inflicting damage across multiple districts of the capital. Russia launched 550 drones and missiles across Ukraine overnight, the country's air force said. The majority were Shahed drones, while Russia used 11 missiles in the attack. Throughout the night, Associated Press journalists in Kyiv heard the constant buzzing of drones overhead and the sound of explosions and intense machine gun fire as Ukrainian forces tried to intercept the aerial assault. Kyiv was the primary target of the attack. At least 23 people were injured, with 14 hospitalised, according to Mayor Vitali Klitschko. Ukrainian air defences shot down 270 targets, including two cruise missiles. Another 208 targets were lost from radar and presumed jammed. Russia successfully hit eight locations with nine missiles and 63 drones. Debris from intercepted drones f
Russia on Thursday became the first country to formally recognise the Taliban's government in Afghanistan since it seized power in 2021, after Moscow removed the group from its list of outlawed organisations. The Russian Foreign Ministry announced that it had received credentials from Afghanistan's newly appointed Ambassador Gul Hassan Hassan. The official recognition of the Afghan government will foster productive bilateral cooperation, the ministry said in a statement. Afghanistan's Foreign Ministry called it a historic step, and quoted Taliban Foreign Minister Amir Khan Muttaqi as welcoming the decision as "a good example for other countries. The Taliban took control of Afghanistan in August 2021 following the withdrawal of US and NATO forces. Since then, they have sought international recognition while also enforcing their strict interpretation of Islamic law. While no country had formally recognised the Taliban administration until now, the group had engaged in high-level tal
A declassified CIA memo released Wednesday challenges the work intelligence agencies did to conclude that Russia interfered in the 2016 presidential election because it wanted Republican Donald Trump to win. The memo was written on the orders of CIA Director John Ratcliffe, a Trump loyalist who spoke out against the Russia investigation as a member of Congress. It finds fault with a 2017 intelligence assessment that concluded the Russian government, at the direction of President Vladimir Putin, waged a covert influence campaign to help Trump win. It does not address that multiple investigations since then, including from the Republican-led Senate Intelligence Committee in 2020, reached the same conclusion about Russia's influence and motives. The eight-page document is part of an ongoing effort by Trump and close allies who now lead key government agencies to revisit the history of a long-concluded Russia investigation, which resulted in criminal indictments and shadowed most of hi
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President Trump has issued no new restrictions on Russia this year, in effect allowing Moscow to acquire the money and materials it needs in its conflict with Ukraine
China on Wednesday said Premier Li Qiang will attend the BRICS summit in Brazil later this week, confirming reports that President Xi Jinping will skip the meeting of the emerging economies for the first time since he took over power 12 years ago. Li will attend the 17th BRICS Summit in Rio de Janeiro, Brazil, from July 5 to 8 upon invitation, Foreign Ministry spokesperson Mao Ning told a media briefing here. She, however, parried a question on why Xi, who never missed a BRICS summit during his 12-year tenure in power, decided to skip the event. Prime Minister Narendra Modi will attend the Rio summit. BRICS consisting of Brazil, Russia, India, China and South Africa has been expanded with five additional members Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. The BRICS summit at Kazan in Russia last year became significant as both Modi and Xi met there, breaking the four-year deadlock over the frozen bilateral ties due to the standoff at eastern Ladakh. After their meeting, bot
The United States. Australia, India and Japan have agreed to expand their cooperation on maritime security in the Indo-Pacific and further collaborate on supplies of critical minerals and rare earths that are key components of high-tech production. The foreign ministers of the four countries, known as the "Quad", met in Washington on Tuesday as the Trump administration seeks to expand US influence in the Indo-Pacific to compete with a rising China amid tensions with partners over trade and defense issues. In a joint meeting with his three colleagues, Secretary of State Marco Rubio said the Quad must be a vehicle for action that goes beyond statements of intent and stressed that commerce and trade will be critical to ensuring the group's relevance in the future. To that end, the four announced in a statement the creation of a Quad Critical Minerals Initiative that aims to strengthen economic security and collective resilience by collaborating on securing and diversifying critical ...
The US is halting some shipments of weapons to Ukraine amid concerns that its own stockpiles have declined too much, officials said on Tuesday, a setback for the European country as it tries to fend off escalating attacks from Russia. Certain munitions were previously promised to Ukraine under the previous Biden administration to aid its defences during the more than three-year-old war. The pause reflects a new set of priorities under President Donald Trump and came after Defence Department officials scrutinised current US stockpiles and raised concerns. This decision was made to put America's interests first following a review of our nation's military support and assistance to other countries across the globe, White House spokesperson Anna Kelly said in a statement. The strength of the United States Armed Forces remains unquestioned -- just ask Iran. That was a reference to Trump recently ordering US missile strikes against nuclear sites in Iran. Pentagon stocks of some weapons
Asked about the remarks, Kremlin spokesman Dmitry Peskov said that Russia was grateful to Trump's team for helping to facilitate talks but that Moscow was not stalling the talks
German Foreign Minister Johann Wadephul made an unannounced visit to Kyiv on Monday, in a show of continuing support for Ukraine's fight to repel Russia's invasion as US-led international peace efforts fail to make progress. Wadephul was due to meet with Ukraine President Volodymyr Zelenskyy and Ukrainian Foreign Minister Andrii Sybiha. Wadephul said in a statement that Germany will help Ukraine continue to defend itself successfully with modern air defence and other weapons, with humanitarian and economic aid". Germany has been Ukraine's second-largest military backer after the United States, whose continuing support is in doubt. However, Berlin has balked at granting Zelenskyy's request to provide Ukraine with powerful German- and Swedish-made Taurus long-range missiles. That's due to fears that such a move could enrage the Kremlin and end up drawing NATO into Europe's biggest conflict since World War II. Instead, German Chancellor Friedrich Merz pledged in May to help Ukraine
Russia has the pieces in place to meaningfully boost LNG exports as it expands its shadow fleet
Russia launched its biggest aerial attack against Ukraine overnight, a Ukrainian official said Sunday, part of an escalating bombing campaign that has further dashed hopes for a breakthrough in efforts to end the 3-year-old war. Russia fired a total of 537 aerial weapons at Ukraine, including 477 drones and decoys and 60 missiles, Ukraine's air force said. Of these, 249 were shot down and 226 were lost, likely having been electronically jammed. Yuriy Ihnat, head of communications for Ukraine's air force, told the Associated Press that the overnight onslaught was the most massive air strike, on the country, taking into account both drones and various types of missiles. The attack targeted regions across Ukraine including western Ukraine, far from the frontline. Poland and allied countries scrambled aircraft to ensure the safety of Polish airspace, the Polish air force said Sunday. Kherson regional Gov. Oleksandr Prokudin said one person died in a drone strike. Six people were wounde
India, one of the key buyers of Russian thermal coal, increased its imports from Russia in May to the highest level in two years, business daily Kommersant reported on Friday. The Russian thermal coal deliveries to India rose by 52 per cent in May 2025 compared to April, reaching a two-year high of 1.3 million metric tons, reported Kommersant quoting a business review by the Russian Centre for Price Indices (CCI). Records reveal since June 2023, monthly exports from Russia have not exceeded 1 million tons. Analysts interviewed by the Daily attribute this trend to the flexible pricing strategies adopted by Russian coal exporters, as well as the quality of the fuel itself. While a significant increase in Russia's market share in India is unlikely due to rising domestic production and the high cost of logistics. However, maintaining current shipment levels is entirely feasible, it said, voicing the opinion of experts. India's total thermal coal imports in May increased seasonally by
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Ukrainian President Volodymyr Zelenskyy formally approved plans Wednesday to set up a new international court to prosecute senior Russian officials for the full-scale invasion of Ukraine. The special tribunal will be created through an agreement between Ukraine and the Council of Europe, the continent's top human rights body. Zelenskyy visited the Strasbourg-based organisation for the first time as part of the announcement. The special tribunal aims to target senior Russian leaders for the crime of aggression, which underpins the countless war crimes Ukraine accuses Russian forces of committing since the start of the war on Feb 24, 2022. Existing international courts, including the International Criminal Court in The Hague lack jurisdiction to prosecute Russian nationals for that specific offense. Since early in the conflict, Kyiv has been pushing for the creation of a special tribunal that goes beyond prosecuting war crimes that Ukraine alleged Russian forces committed including .