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Modi and Putin affirm special relationship as India faces steep US tariffs over Russian oil imports

TIANJIN, China, September 1, 2025 (AP) — Indian Prime Minister Narendra Modi and Russian President Vladimir Putin met on the sidelines of a regional summit in China on Monday in a show of deepening ties when New Delhi’s relations with Washington are strained over the purchase of Russian oil. The two leaders held talks after attending the key session of the Shanghai Cooperation Organization gathering in the port city of Tianjin, where discussions focused on regional stability, bilateral trade and energy cooperation. In his remarks to open the talks, Modi termed the partnership with Moscow as “special and privileged.” Putin

CBI books DRI, Customs officers in corruption case

New Delhi, Sep 1 (PTI) The CBI has registered a corruption case against six officers of the Directorate of Revenue Intelligence and Customs on a reference from the Lok Pal, officials said. In its FIR, the Central Bureau of Investigation (CBI) has named a former senior intelligence officer of the Directorate of Revenue Intelligence (DR) from its Delhi zonal unit, besides three inspectors and two superintendents, who were posted in the office of the Commissioner of Customs in Kolkata, they said. The action was initiated on a complaint filed with the Lok Pal, the anti-corruption obdusman, in 2024. On July

Gold touches lifetime high of Rs 1.05 lakh/10g on tariff jitters

New Delhi, Sep 1 (PTI) Rising for the sixth consecutive session, gold prices rallied Rs 1,000 to hit yet another record high of Rs 1,05,670 per 10 grams in the national capital on Monday, lifted by expectations of a rate cut by the US Federal Reserve this month and robust demand in overseas markets. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had climbed Rs 1,000 to hit a record high of Rs 1,04,670 per 10 grams on Saturday. In the local market, gold of 99.5 per cent purity jumped Rs 800 to

Rupee falls 10 paise to close at all-time low of 88.19 against US dollar

Mumbai, Sept 1 (PTI) The rupee depreciated 10 paise to close at an all-time low of 88.19 (provisional) against the US dollar on Monday amid Indo-US trade deal uncertainties and higher dollar demand from importers. Forex traders said the rupee opened on a weaker note this morning and revisited its all-time intra-day low of 88.33 against the American currency, weighed down by persistent foreign fund outflows. At the interbank foreign exchange market, the rupee opened at 88.18 against the US dollar, then lost ground and fell to an all-time intra-day low of 88.33, as additional trade tariffs on India by

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