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India Softens Oil Markets Amid Russia-Ukraine War

Summary
India’s strategic approach to oil purchases amid the Russia-Ukraine war has helped soften global oil and gas markets and manage global inflation. While the West imposed sanctions on Russia’s oil exports, India’s refiners have been purchasing discounted Russian oil. External Affairs Minister S Jaishankar highlighted India’s role in preventing a surge in global oil prices and safeguarding the country’s position in the international market. This approach has also prompted responses from LNG suppliers who are no longer interested in dealing with smaller countries.

Shami enters legend territory to help India overcome another ‘40 minutes of bad cricket’ in first real World Cup test

Summary
Mohammed Shami’s outstanding performance in the semi-finals of the 2023 World Cup helped India overcome a potential loss to New Zealand. Despite a record-breaking score by India, New Zealand fought back and almost caused a major upset. However, Shami took crucial wickets and prevented New Zealand from completing the chase. Shami’s performance in the tournament has been exceptional, and he has become a legendary bowler for India.

India’s win in World Cup semifinal and Rahul Gandhi’s support for Mohammad Shami

Summary
Congress leader Srinivas BV highlighted how Rahul Gandhi stood with Mohammad Shami when he was trolled by a ‘Hindu-Muslim gang’ after India’s defeat to Pakistan in 2021. Srinivas shared a screenshot of Gandhi’s tweet in which he expressed support for Shami. Shami’s exceptional performance in the World Cup semifinal garnered praise from Prime Minister Narendra Modi and Rahul Gandhi. Both leaders acknowledged Shami’s outstanding bowling skills. Additionally, the Delhi Police and Mumbai Police engaged in banter on Twitter regarding Shami’s ‘assault’, clarifying it was all in good humor.

Joe Biden calls Xi a ‘dictator’ hours after ‘constructive’ meeting; agree to ‘pick up the phone and call one another’

Summary
In a face-to-face meeting, President Biden and President Xi agreed to stabilize their relationship, combat illegal fentanyl, and re-establish military communications. They spent four hours together at a Northern California estate, showcasing a more cooperative approach. However, Biden later referred to Xi as a “dictator,” highlighting their differences. The meeting took place amidst global economic competition, conflicts in the Middle East and Europe, and tensions in Taiwan. They reached agreements on curbing fentanyl production and reopening military ties.

Political parties send details of electoral bonds to Election Commission

Summary
Several political parties, including the BJP, Congress, and Trinamool Congress, have submitted details of electoral bonds received and encashed to the Election Commission. These details were requested by the EC in line with a Supreme Court order to submit the information by November 15. The BJP provided year-wise details of electoral bonds received and encashed between March 2018 and September 30, 2023. Political parties have until November 19 to submit their responses to the Supreme Court in a sealed envelope. Electoral bonds are sold multiple times a year and allow for anonymous donations to political parties.