Thüringens Ministerpräsident @mariovoigt befindet sich auf Indien-Reise. Nach Delhi unterzeichnete er heute in Hyderabad mit Telangana-Ministerpräsident Revanth Reddy, eine Absichtserklärung zur Intensivierung d. Zusammenarbeit in Forschung, Tech, Bildung & Kultur.@TableBriefings
The US, India, Japan and Australia are breathing new life into their security dialogue Quad. Fiji is now being brought on board as well. https://t.co/wZd7KfYAs8
In #Indien hat der Oberste Richter arbeitslose junge Menschen mit „Kakerlaken“ verglichen. Darauf gründete sich im Netz eine Kakerlakenpartei, die bei Instagram inzwischen mehr Follower hat als die Regierungspartei, schreibt @netizenmay auf @tazgezwitscher https://t.co/zA5HtszIul
Bread prices are beginning to rise in the wake of fuel inflation & transportation costs. Modern Bread has increased by a full five rupees per pack, a record increase.
Other companies like Britannia and Wibs are soon expected to follow suit. Modern's average 350-400 gm loaf which was Rs 40 now costs Rs 45. Brown bread, wholewheat bread which sold for Rs 50 and 55, are now Rs 55 and 60.
The foreign ministers’ meeting is taking place ahead of the 2026 BRICS summit in India in September.
Here’s more on who is attending and why it matters https://t.co/6KmXnpoP4u
Iranian Foreign Minister Seyed Abbas Araghchi and Russian Foreign Minister Sergey Lavrov have confirmed that they will be attending the meeting of BRICS Foreign Ministers in New Delhi on May 14-15, sources said Tuesday ( May 13).
However, Chinese Foreign Minister Wang Yi will not be at the meeting since he has to be in Beijing for the high-stakes talks between visiting US President Donald Trump and Chinese President Xi Jinping. China’s Ambassador to India, Xu Feihong, is likely to represent his country at the BRICS meeting.
The meeting in New Delhi is taking place at a time when the 11-member BRICS grouping has not been able to come to a consensus on the war in West Asia – the UAE, Saudi Arabia and Iran are part of the grouping and have not been able to agree on a common language on the conflict.
India holds the BRICS presidency this year. Relations between Beijing and Delhi have been improving significantly. However, the Chinese Foreign Minister Wang Yi will not be attending the upcoming meeting of foreign ministers in Delhi.
China’s Foreign Minister Wang Yi to skip BRICS Delhi Foreign Minister's meet for ‘scheduling reasons’, Trump visit, Chinese Ambassador Xu to represent: Chinese MFA https://t.co/mpyg5mumKo
IMPORTANT: PM Modi calls for revival of COVID era practises: Work From Home, reduce consumption of petroleum products, cut foreign travel. The TIMING is significant. Political roadshows done, Elections over and won in Bengal and Assam , REALITY BITES! Brace up for OIL SHOCKS and more. 🙏 (by the way, as a first step, will our Mantris stop using their cavalcades?)
Der hindunationalistischen BJP gelingt ein historischer Wahlsieg in Westbengalen. In Kerala fällt die letzte kommunistische Landesregierung in #Indien, berichtet @netizenmay in @tazgezwitscher .
https://t.co/us3Kt31P7Q
Data point: the BJP and its allies are now in power in 21 states from Rann of Kutch to Bay of Bengal and the North East with only Jharkhand an exception if a straight line is drawn from west to east. This is an era of Hindutva ‘dominance’. The Congress has only southern comfort (Himachal an exception) while regional parties are now on notice. What does it mean for the national picture after another dramatic election counting day? 9 pm tonight on @IndiaToday
10 years after my first stay in China, I returned for the 🇨🇳🇩🇪 Young Leaders Conference in Changsha. Key takeaway: Germany & China don’t start from the same perspective, but that’s exactly why exchange matters, which is hopefully to be continued.
India’s brief return to Iranian oil came with an interesting twist: payments were reportedly being made in Chinese yuan through ICICI Bank’s Shanghai branch.
That’s the real story here.
Not just that India bought rare Iranian cargoes after 7 years, but that the trade was structured outside the dollar system during a narrow U.S. sanctions waiver.
Reuters says IOC and Reliance used this route for at least some cargoes, with IOC even paying about 95% once the tanker entered Indian waters, which is not the usual way these deals are settled.
A few things stand out:
India is clearly willing to get creative when the strategic and price incentives are strong enough.
The yuan is becoming more useful in sanctioned oil trade, not because it’s replacing the dollar everywhere, but because it gives buyers and sellers a workable alternative when the dollar is too risky.
And ICICI’s role is notable too — it shows that Indian institutions can facilitate these transactions when there’s enough political cover.
The waiver is ending, so this may have been just a short window.
But it still says a lot about where global oil trade is heading: more flexible, more fragmented, and increasingly built around whatever payment channels can actually get the deal done.
Die Auswirkungen der schwachen indischen Rupie zeigen sich allmählich: Laut Daten des Internationalen Währungsfonds ist Indien im Ranking der größten Weltwirtschaften um einen Platz auf Rang 6 hinter Großbritannien zurückgefallen.
https://t.co/RU75K2MoYI