India, Ethiopia Hold Inaugural Joint Defence Cooperation Meeting in New Delhi

India and Ethiopia convened their first Joint Defence Cooperation (JDC) meeting in New Delhi, co-chaired by senior officials from both nations. They reviewed existing defence ties and explored expanded collaboration in training, joint exercises, medical support, and defence industry engagement under a newly formed institutional framework.   Read More…

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Trump says PM Modi promised that India will stop buying Russian oil

US President Donald Trump said Wednesday that Indian Prime Minister Narendra Modi had promised him New Delhi will stop buying Russian oil, months after Trump slapped punitive tariffs over the purchases. “He’s assured me there will be no oil purchased from Russia,” Trump told reporters. “You know, you can’t do it immediately. It’s a little…

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1st EU, India joint counter-terrorism exercise on drones

The European Union (EU) and India conducted a first-of-its-kind counter-terrorism training from October 13 -15 aimed at protecting critical infrastructure and soft targets against emerging threats from unmanned aerial systems (UAS) or drones as they are commonly known. The European External Action Service (EEAS), the EU’s diplomatic service, said in a statement, “The three-day exercise…

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2025 Nobel in Economics Honors Theories of Innovation and Growth

Joel Mokyr, Philippe Aghion, and Peter Howitt won the 2025 Nobel Prize in Economics for explaining how technological progress drives sustained growth. Mokyr emphasized the flow of useful knowledge, while Aghion and Howitt’s “creative destruction” model showed how innovation replaces outdated products, reshaping economies through continuous renewal and competition.   Read More…

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India’s merchandise trade deficit likely widens to USD 28 billion in September amid gold imports surge: UBI Report

New Delhi: India’s merchandise trade deficit is expected to have widened to USD 28.0 billion in September 2025, up from USD 26.5 billion in August, according to a report by Union Bank of India. The increase in the trade gap is driven primarily by a sharp rise in gold imports, which nearly doubled month-on-month despite…

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