New Delhi, July 9 (IANS) Pakistan’s chaotic governance, policy inconsistency and political instability continue to deter foreign investment despite repeated overseas investment pitches by the country’s leadership, according to a report.A report published in Dawn highlighted that investor confidence depends far more on improving governance and creating a stable business environment than on high-profile appearances at international forums.”Chaotic governance and inconsistent policies have been a m…
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New Delhi, July 7 (IANS) India will host the 3rd BRICS Transport Ministers’ Meeting in Nagpur, Maharashtra on July 11, 2026 and July 12, 2026, bringing together ministers and senior officials from member countries to discuss sustainability in transport infrastructure and mobility, an official statement said on Tuesday.The two‑day meeting, convened under India’s BRICS Chairship 2026, will review progress in transport cooperation since the Russian and Brazilian chairships and exchange intern…
New Delhi, July 6 (IANS) Global crude oil prices traded nearly 1 per cent lower on Monday after the alliance of oil-producing nations agreed to further increase production from August, while the recovery in crude exports through the Strait of Hormuz signalled improving global supplies.International oil benchmark Brent crude slipped 0.76 per cent or 55 cents to $71.55 per barrel, while U.S. West Texas Intermediate (WTI) crude declined nearly 1 per cent or 68 cents to trade below $69 per barrel.Th…
New Delhi, July 5 (IANS) A total of 15 India-bound ships carrying fertilisers and fertiliser raw materials have safely crossed the Strait of Hormuz, which will lead to a significant increase in the country’s fertiliser stocks, according to an official statement issued on Sunday.Among the 15 vessels, eight vessels are carrying 3.32 lakh metric tonnes (LMT) of urea, four are carrying 2.57 LMT of DAP, and three are carrying 1.11 LMT of sulphur.In addition, five more vessels are scheduled for India….
New Delhi, July 5 (IANS) OPEC+ is expected to consider another modest increase in oil production quotas for August as the alliance continues unwinding earlier supply cuts, with delegates indicating that seven key producers have reached a preliminary agreement ahead of a virtual meeting on Sunday.According to delegates, the proposed increase would raise the combined production target of seven major producers, led by Saudi Arabia and Russia, by 188,000 barrels per day if approved during the video …
Islamabad, July 5 (IANS) China’s attempts to mediate between Pakistan and Afghanistan have yet to see any success, as the hostilities between the two neighbours seem to continue intensely, according to a report.”Despite several mediation attempts by Qatar, Saudi Arabia, Turkiye, and China, the tensions have not faded away,” said a report by The Diplomat.Pakistan and Afghanistan agreed not to escalate the situation after the Urumqi talks mediated by China during the first week of April, but the…
New Delhi, July 5 (IANS) The BRICS Women Working Group Meeting in Kochi is expected to lay a strong foundation for the BRICS Women Ministerial Meeting to be held on July 8-9, reaffirming the shared commitment of BRICS Member Countries towards practical cooperation and women-led development, an official statement said on Sunday.India will host the BRICS Women Working Group (WWG) Meeting on July 6-7 in Kochi, Kerala, under its BRICS Chairship this year. “Senior government officials from BRICS Me…
Washington, July 4 (IANS) China has been using Pakistan as a strategic conduit to advance its interests. The recent defence deal between Pakistan and the Libyan National Army, involving 16 JF-17 fighter jets, training aircraft and a broader military package worth more than $4 billion, illustrates how Beijing can expand its defence footprint while avoiding direct criticism, a report has stated. The deal has drawn condemnation for potentially weakening the United Nations arms embargo on Libya, esc…
Mumbai, July 4 (IANS) Gold recorded its first weekly gain since May as trader expectations for further US Federal Reserve rate hikes moderated, pushing bullion prices around 3.1 per cent for the week.Soft US job numbers and lower energy prices led to investors reducing the expectations of monetary policy tightening.However, on Friday, MCX gold August futures eased 0.01 per cent while MCX silver July futures inched up 0.04 per cent. Currently, gold futures stand at Rs 1,47,365, while silver futur…
Miami, July 4 (IANS) With a population of only half a million scattered across a small archipelago of only 4,000 square kilometres in land area, Cabo Verde’s achievement of qualifying for the FIFA World Cup 2026 itself represented a historic milestone.Having only been made independent in 1975, the Cabo Verde national team’s journey began a few years later in 1978. In the decades since, as the teams and players involved have continued to gain experience, their ambition has only grown.They cre…