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KABIL acquires five critical mineral blocks in Argentina
Khanij Bidesh India Limited ([KABIL]), a joint venture under the Ministry of Mines, has successfully secured five critical mineral blocks in Argentina. This acquisition is part of India's broader strategy to secure overseas mineral assets and reduce its current 93% import dependency.
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Must ReadWhy Trump wants to buy Chagos islands now amid conflict with Iran
The United States is reportedly considering bypassing the UK to directly purchase the Chagos Islands from Mauritius, aiming to secure control of the highly strategic Diego Garcia military base. This comes amid ongoing tensions in the Middle East and follows the UK's recent pause on an agreement to transfer sovereignty of the archipelago back to Mauritius, a move previously criticized by US President-elect Donald Trump.
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Must ReadIndia posts $7.1 billion current account surplus in Q4 FY26, aided by robust services exports and remittances
India reported a current account surplus of $7.1 billion in the fourth quarter of FY26, driven primarily by strong services exports and robust remittance inflows. However, the overall financial year FY26 closed with a Current Account Deficit of $25.2 billion (0.6% of GDP), highlighting the persistent pressure of the merchandise trade deficit.
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ImportantIsrael and Iran trade strikes as conflict escalates; IDF hits petrochemical sites in Mahshahr
The conflict between Israel and Iran has escalated significantly, with direct military strikes exchanged between the two nations. The [Israel Defense Forces] (IDF) recently targeted petrochemical sites in Mahshahr, Iran.
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Important‘I call the shots’: Trump warns Netanyahu he has ‘no choice’ but to accept US-Iran peace deal
Recent statements by former US President Donald Trump indicate a strong pressure campaign on Israel to accept a potential US-Iran deal, despite recent Iranian missile strikes on Israel. This highlights the complex interplay between US domestic politics, its strategic goals in the Middle East, and the ongoing conflict between Israel and Iran.
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