India's Russia Arms Ties 'Rubs US Wrong Way', Says Official
US Commerce Secretary Howard Lutnick has stated that India's military reliance on Russia 'rubbed America the wrong way' in the past, affecting strategic ties. Speaking at the US-India Strategic Partnership Forum, he said things are now changing as India moves towards purchasing more US arms. His remarks come shortly after Russia confirmed delivery of the final S-400 missile system units to India by 2026. Is India walking a tightrope between Moscow and Washington? And what does this mean for Indo-US ties, BRICS diplomacy, and arms purchases going forward? #s400 #indiaustradetalks #howardlutnick #usindiastrategicforum #indiausdefence #brics #russiaindiaarmsdeal #dollarhegemony #indiausrelations #modibiden #militarygear #indiarussia #usarmsdeal #toi #toibharat
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Hans India
28 minutes ago
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Nandyal MP Byreddy Shabari attends BRICS parliamentary summit
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Business Standard
an hour ago
- Business Standard
Meeting with India's delegation 'outstanding': US Congressman McCormick
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The Caucus members hailed the strong strategic partnership between India and the US. In a post on X, the Indian Embassy in the US stated, "Bipartisan co-chairs @RoKhanna & @RepMcCormick and vice co-chairs @RepAndyBarr & @RepVeasey of India Caucus in the House of Representatives met with the visiting Parliamentary delegation led by @ShashiTharoor today." "The parliamentary delegation briefed the Caucus members on the cross-border terrorism faced by India and India's strong and resolute stance in the fight against terror. The Congressmen expressed unequivocal and bipartisan condemnation for the terror attack in Pahalgam. They expressed support for India's right to respond to terrorism in the spirit of zero tolerance against terrorism. The Caucus members also hailed the strong strategic partnership between India and USA," it added. The all-party delegation reached Washington, DC on Wednesday to engage with key US stakeholders. 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India.com
an hour ago
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Mukesh Ambani gets Aladdin's ‘Magic Lamp'! BlackRock earned billions from it, now it's India's turn, it is a…
Mukesh Ambani, has now teamed up with Aladdin. This is not a magical lamp, but BlackRock's Aladdin Investment Software. It is used by the asset management company to manage over $21 trillion funds. Now Jio Financial Services customers will also benefit from this global investment tool. Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund business. What Is Aladdin? The name Aladdin is linked to the stories of a magical lamp, but BlackRock's Aladdin software can be called a modern-day marvel. This software oversees financial assets for people across the globe. Aladdin stands for Asset, Liability, and Debt and Derivative Investment Network. Over 200 institutions worldwide rely on this software, which manages $21 trillion funds globally. Aladdin is used for portfolio analysis, risk management, trading, compliance, and operational activities. Aladdin Benefits Now, customers of Jio Financial Services can get access to BlackRock's Aladdin software with advantages like Indian investors can create institutional-grade portfolio strategies. Gain insights of globally benchmarked investment practices. Investing in mutual funds will become easier with Aladdin's assistance. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing. The company, on October 29, 2024, announced incorporation of two companies, 'Jio BlackRock Asset Management Private Limited' and 'Jio BlackRock Trustee Private Limited', to carry on the primary business of mutual fund, subject to regulatory approvals, it said. (With Inputs From PTI)
