Mamata pays tributes to Nehru on his death anniversary

East
Kolkata, May 27 ( UNI) West Bengal Chief Minister Mamata Banerjee on Tuesday paid her respect to former Prime minister Jawaharlal Nehru on his death anniversary.
"My deepest respect to Jawaharlal Nehru, former Prime Minister of India, on his death anniversary," Banerjee, who is also chairperson of Trinamool Congress, said.
"A great statesman and humanist, Nehru was the visionary-architect of modern India. His ideas will continue to inspire all who love democracy, " Banerjee said while paying her respect to the former PM.
Nehru was a principal leader of the Indian nationalist movement in the 1930s and 1940s, the party noted.
UNI PC PRS

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Mint

8 minutes ago

• Mint

Israel-Iran conflict effect? India ramps up crude oil imports from Russia, US in June 2025

India has increased its crude oil purchases from Russia and the United States in June 2025, as the import volumes from the two nations exceed the combined volumes from Middle Eastern suppliers amid the market volatility due to the Israel-Iran conflict, reported the news agency PTI. India's primary suppliers for crude oil in the Middle East are nations like Saudi Arabia and Iraq. This comes amid US President Donald Trump's announcement that America had carried out coordinated airstrikes targeting three nuclear facilities in Iran. Indian refiners are expected to import 2 million to 2.2 million barrels of crude oil per day in June 2025, marking the highest level of russian oil imports in the last two years, according to the agency report citing Kpler data. The crude oil imports from Russia were at 1.96 million barrels per day in May 2025. This expected hike in volumes is also set to beat the total volumes bought from Gulf nations like Iraq, Saudi Arabia, the UAE and Kuwait, as per the report. On the crude imports on the US front, Indian refiners' crude oil imports from the United States' also jumped to 4,39,000 barrels per day in June 2025, compared to their 2,80,000 barrels per day levels in the previous month. The data report also showed how the full-month projects from crude oil imports from the Middle East into India stood at 2 million barrels per day, lower than the May 2025 levels, according to the agency report. India started importing cheaper oil from Russia soon after the Russia-Ukraine war in February 2022 due to the higher discounted rates post the economic sanctions from the United States. India buys nearly 5.1 million barrels of crude oil, which is then refined to be converted into fossil fuels like petrol and diesel However, so far in the Israel-Iran conflict, there have been no crude oil supply cuts or disruptions in the oil trade, which can potentially drive up oil prices around the world. 'While supplies remain unaffected so far, vessel activity suggests a decline in crude loadings from the Middle East in the coming days,' Sumit Ritolia, Lead Research Analyst, Refining & Modeling at Kpler, told the news agency. 'Shipowners are hesitant to send empty tankers (ballasters) into the Gulf, with the number of such vessels dropping from 69 to just 40, and (Middle East and Gulf) MEG-bound signals from the Gulf of Oman halving,' he said. The global situation of uncertainty caused by the raging Israel-Iran war now risks Tehran retaliating by closing the Strait of Hormuz. The Strait of Hormuz is a strategically important trade passage for global crude oil as the strait links the Gulf of Oman, the Arabian Sea, and the Persian Gulf. According to multiple media reports, the Strait of Hormuz handles nearly a quarter of the world's oil trade. Hence, any potential move to close the passage will result in the escalation of the already raging war. Experts cited in media reports indicate that if there is an oil supply disruption, crude prices can jump to $400 per barrel. 'Yet, Kpler analysis assigns a very low probability to a full blockade, citing strong disincentives for Iran,' Ritolia told the news agency. The route serves as a major route for world oil and LNG export transit, and agency reports show that India imports nearly 40 per cent of all its crude oil and nearly 50 per cent of its gas imports from the Strait of Hormuz, which links to many Gulf nations. The Kpler data cited in the agency report also estimates that in case any disruption happens, it will result in 24 to 48 hours of isolation before major nations like the US step in to counter the retaliation. Meanwhile, the agency also highlighted that Russian oil imports are detached from Hormuz and are imported via the Suez Canal, Cape of Good Hope, or the Pacific Ocean. 'If conflict deepens or there is any short-term disruption in Hormuz, Russian barrels will rise in share, offering both physical availability and pricing relief. India may pivot harder toward the US, Nigeria, Angola, and Brazil, albeit at higher freight costs,' said the expert cited in the agency report. As of 19 June 2025, Russian crude oil accounted for 35 per cent of India's total crude imports. The Indian refiners are watching the geopolitical landscape and are likely to adjust procurement strategies to prioritise energy security, supply stability, and commercial viability if risks in the Middle East escalate, according to the agency report.

Business Standard

9 minutes ago

• Business Standard

Stealth frigate INS Tamal to join Indian Navy's western fleet on July 1

Indian Navy's Russian-manufactured guided missile frigate INS Tamal that carries an array of missiles and surveillance systems will be commissioned into the force at Russia's coastal city of Kaliningrad on July 1. The ship has 26 per cent indigenous components, including the BrahMos long-range cruise missile for targeting both at sea and land, officials said. The 125m long, 3900-tonne warship, packs a lethal punch as it features an impressive blend of Indian and Russian cutting-edge technologies and best practices in warship construction, according to the Indian Navy. Upon commissioning, Tamal will join the 'Sword Arm' of the Indian Navy, the Western Fleet. It will not only be a symbol of Indian Navy's growing capabilities, but also exemplifying collaborative strength of the India-Russia partnership, Indian Navy spokesperson Commander Vivek Madhwal said. INS Tamal would be the eighth Krivak class frigates to be inducted from Russia over the past two decades. The warship has been built at Yantar shipyard in Kaliningrad, and is the last such platform to be inducted from a foreign source, the officials said. The commissioning ceremony will be presided over by Vice Admiral Sanjay J Singh, Flag Officer Commanding-in-Chief of the Western Naval Command. Several high-ranking Indian and Russian defence officials will attend the event. INS Tamal is the second ship of the Tushil Class, which are the upgraded versions of their predecessors, Talwar and Teg classes. India as part of the broader contract for Tushil class is also building two similar frigates called the INS Triput class at Goa Shipyard Ltd with transfer of technology and design assistance from the Russian side. By the conclusion of this series of ships, Indian Navy will be operating 10 ships with similar capabilities and commonality in equipment, weapon and sensor fit over four different classes, the officials said. Tamal's construction was closely overseen by an Indian team of specialists from the Warship Overseeing Team stationed at Kaliningrad. At the Naval headquarters, the project was steered by the Directorate of Ship Production under the Controller of Warship Production and Acquisition. The ship has significant upgrades in its arsenal in comparison to its predecessors, such as vertical launched surface-to-air missiles, improved 100 MM gun, heavyweight torpedoes, urgent-attack anti-submarine rockets, and a host of surveillance and fire control radars and systems. The combat capability of the ship is augmented by a host of network-centric warfare capabilities and advanced electronic warfare suite, Madhwal said. "Tamal punches well above its weight with a very high tonnage to firepower ratio, extended endurance, and a top speed in excess of 30 knots," he said. The crew, comprising of over 250 personnel, has undergone rigorous ashore as well as afloat training in extremely challenging winter conditions of St. Petersburg and Kaliningrad, he said. Tamal has successively completed extensive sea trials undertaken over three months. The ship's name, Tamal, symbolises the mythical sword used for combat by Indra, the king of the gods. The ship's mascot is inspired by the congruence of the 'Jambavant' -- the immortal bear king of Indian mythology and the Russian national animal, the Eurasian brown bear. Tamal's design provides it with enhanced stealth features and greater stability characteristics. "It is equipped with the latest technology in warfighting, including the BrahMos supersonic missile system for anti-ship and land-attack capabilities, surface surveillance radar complex and HUMSA NG Mk II sonar with the anti-submarine weapon firing complex amongst a host of cutting-edge weapon and sensors of Indian origin," Madhwal said.

Business Standard

20 minutes ago

• Business Standard

Jaishankar calls India's trade pacts with mature markets 'space to watch'

External Affairs Minister S Jaishankar has termed India's bilateral trade agreements as the 'space to watch', and said New Delhi in the last 11 years pursued trade pacts with countries that have 'more mature markets', and are more, 'transparent and rule bound' compared to the East Asian countries. Jaishankar said India is now more interested in key free trade agreements. He said the one with the United Kingdom is more or less finalised, the one with the European Union is in advanced stages of negotiations and there have been several rounds of negotiations between the Indian and American officials for the bilateral trade agreement. In an interview to public broadcaster DD India, a link of which the minister posted on X on Saturday (June 21), Jaishankar said in the years after the economic reforms, most of India's trade agreements were with Southeast Asian nations, which 'skewed the balance' as several of these economies competed with India and didn't market access. It was important to make the correction and have an understanding with more mature markets, which are more transparent and rule bound. Jaishankar said India's trade pacts with the United Arab Emirates and Australia are significant achievements, describing New Delhi's push for FTAs as the 'space to watch'. In 2019, India did not join the Regional Comprehensive Economic Partnership (RCEP) trading block that comprises the 10-member Asean grouping, and other Asia-Pacific economies, including China, Australia and Japan. He said India in the last 11 years has systematically tried to "deepen our posture, our strategic posture, to have good relations with all major countries, but also other regions, so that we get into the optimal position". In the last 11 years, the EAM said, the consistent theme underpinning India's foreign policy has been planning for a multi-polar world, which India not only desires, as it gives it a higher profile and more influence. 'But it is not just the question of our wishes, that is the direction in which the world is moving,' he said, which is why New Delhi, despite enormous pressure on it, maintained its relationship with Russia, he added. About India's ties with the US, he said, 'Where the US is concerned, yes, there is unpredictability, therefore at a systemic level, you stabilise it with as many linkages and relationships as possible.' On India's relations with China, Jaishankar said, 'With China, if you have to stand up to that country and we have had some very difficult periods, (and) so it is important to prepare the capabilities.' The minister said a "really perplexing" aspect of India's China policy before 2014 was the 'complete neglect of our border infrastructure in the previous decades'. 'To have a China policy and neglect your border infrastructure was absurd,' he said. 'And, that is one of the things which has changed. We have today that standing up, in defence of our national interests, along the LAC. It is because we have built the border infrastructure to make that possible," Jaishankar said. On India's ties with its immediate neighbours, Jaishankar said that India "should not expect smooth sailing" all the time. He said New Delhi has attempted to shape a 'collective interest' to build an inherent stability in relationships, irrespective of changes in regimes. At the end of the day, 'the logic every one of our neighbours must realise' is that working with India will 'give you benefits', and not working with India 'has a cost', he said. 'Some take longer to realise, some understand it better. One exception of course is Pakistan, because it has defined its identity under the army, in a way it has an in-built hostility in it. So if you put Pakistan aside, the logic will apply everywhere else,' the EAM said.