India-Russia Ties

Russian President Vladimir Putin on Thursday said that Moscow will not interfere in the "delicate" bilateral relations between India and China, expressing confidence that both New Delhi and Beijing are committed to resolving their long-standing boundary disputes amicably. In a wide-ranging interaction with the heads of major global news agencies, Putin praised both Prime Minister Narendra Modi and Chinese President Xi Jinping and said both the leaders are determined to resolve the border issue peacefully. "This is a delicate, multi-faceted relationship between India and China, and interfering into them is not a good idea. Of course, we interact with both our friends -- both India and China," the Russian President said responding to a question from PTI's CEO and Editor-in-Chief Vijay Joshi. "President Xi and Prime Minister Modi are both trying to resolve all the issues of mutual interest, including the the border issue," he said. india and China rolled out a series of measures in

Russian President Vladimir Putin on Thursday hailed Moscow's strategic partnership with New Delhi and asserted that Western attempts to force New Delhi into scaling back its cooperation with Russia are both futile and damaging to global stability. In an interaction with heads of leading global news agencies including PTI, Putin lauded India's economic growth and its independent foreign policy and said Russia is determined to expand its economic engagement with the country. "India is among the world's major economies and is currently demonstrating an impressive rate of economic growth," Putin remarked, expressing confidence that bilateral trade between the two nations is on track to hit a USD 100 billion milestone in the coming years. Putin said Russia has not seen any negative consequences of Western pressure on India to limit its engagement with Russia, suggesting that such tactics are bound to backfire. "Everyone has understood that putting pressure on Prime Minister Narendra Mo

India and the Eurasian Economic Union (EAEU) are discussing a "limited and temporary" trade arrangement covering selected groups of goods as part of negotiations on a proposed free trade agreement, Russia's Economic Development Minister Maxim Reshetnikov has said, according to a media report. Describing the negotiations as "complex", Reshetnikov said on Friday that the Indian side's requests were "quite ambitious". "Things are more complicated with India: the economy is larger, mutual interests are more complex, so to speak. And, frankly, our colleagues' requests are also quite ambitious," he said in an interview with the Vesti programme, according to the state-run TASS news agency. "Therefore, we are currently discussing a limited and temporary free trade zone, that is, for a list of goods defined by product groups," he added. Reshetnikov's remarks came hours after Russian President Vladimir Putin said negotiations on trade liberalisation between India and the EAEU had gained ...

The two officials also exchanged views on regional and global developments

The US first provided a green light in March, and then widened that with an authorization that runs until May 16, in an effort to limit rising oil prices with additional barrels

New Delhi has signed critical minerals agreements with Argentina, Australia and Japan, and is in talks with Peru and Chile on broader bilateral agreements that also include critical minerals

The stance highlights the fine balance the world's third-biggest oil importer and consumer is seeking ‌to strike between securing energy supplies and avoiding LNG cargoes under sanctions

Both sides reviewed existing engagements and discussed expanding cooperation across the steel value chain and related industries, according to an official statement

Imports from Russia averaged 1.98 million barrels a day in March, the highest since June 2023, according to data from intelligence firm Kpler

The effective closure of the Strait of Hormuz - and attacks on the world's largest LNG export plant in Qatar - has throttled about a fifth of global supply, upending the gas market and lifting prices

Russia's First Deputy Prime Minister Denis Manturov on Thursday called on Prime Minister Narendra Modi and discussed ways to strengthen bilateral ties in areas of investment, energy and industrial cooperation. Manturov, on a two-day visit to India, also held talks with External Affairs Minister S Jaishankar and National Security Advisor Ajit Doval. The Russian embassy said Modi and Manturov discussed "specific steps to implement agreements reached" during the India-Russia summit held in December last. "Particular attention was paid to further strengthening Russia-India trade, economic, investment, energy and industrial cooperation," it said on social media. In their meeting, Doval and Manturov were learnt to have discussed bilateral defence cooperation besides the evolving regional security situation. The Russian first deputy PM's visit to New Delhi comes days after India cleared procurement of a fresh batch of five S-400 missile systems from Russia. The decision to procure the .

On the sidelines of Brcis, a separate working visit by Lavrov will take place to meet External Affairs Minister Jaishankar and other Indian officials

Discussions covered a wide range of issues, including bilateral cooperation as well as regional and global developments of mutual interest, and reviewed the entire gamut of India-Russia relations

Delhi and Moscow are deepening their energy cooperation, with both sides agreeing to prepare for Russia to resume ​direct sales of LNG for the first time since the start of the Ukraine war

US Treasury allows India to buy Russian oil already en route, signalling possible easing of sanctions on other Russian oil to address global supply gaps, says Scott Bessent

There's around 15 million barrels of Russian crude on tankers in the Arabian Sea and the Bay of Bengal, while vessels carrying another 7 million are idling near Singapore

Move comes months after President Donald Trump slapped tariffs on Indian goods in a bid to pressure Prime Minister Narendra Modi's government to abandon energy purchases from Russia

Reserve Bank of India stepped up surveillance of the currency market, and traders said Wednesday the central bank intervened to curb volatility after the rupee plunged to a record low

Indian refiners, wary of complicating trade talks with Washington, had pared back their purchases of Russian oil in recent weeks, which had forced Moscow to seek buyers in China

India is vulnerable to supply ‌shocks, with crude stocks covering only about 25 days of demand, while refiners hold similarly limited inventories of gasoil, gasoline and liquefied petroleum gas