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Racing against time, US lawmakers submitted amendments to the Russia sanctions bill, with one seeking to name its top trading partners -- including India -- in the legislation, and another proposing to scrap the section imposing tariffs altogether. The Lindsey O Graham Sanctioning Russia and Iran Act, passed by the US Senate by an overwhelming 86-11 vote last month, seeks to impose sanctions not only on Russia's leadership and energy sector, but also on the "shadow fleet" of vessels that enable Moscow to evade sanctions on oil deliveries. The US believes that Russia's crude oil trade is funding the war against Ukraine. The Bill also seeks to authorise President Donald Trump to impose 100 per cent tariffs on Russia's top oil trading partners, including China and India. The bill passed by the US Senate on August 7 does not name Russia's trading partners, but mentions the five largest importers of oil and gas by volume. The bill must be passed by the House of Representatives before it
Russia imported a record 172,000 tonnes of oil products in August, including gasoline refined from Russian crude at a refinery in India that is partly owned by Russia's Rosneft, as Ukrainian drone strikes disrupted Moscow's domestic refining capacity, according to a report by the Centre for Research on Energy and Clean Air (CREA). India supplied 70 per cent of Russia's oil product imports in August, including 120,000 tonnes of gasoline worth 78 million euros, CREA said in its monthly analysis of Russian fossil fuel exports and sanctions. The volume of Russian fuel imports was more than seven times the previous monthly record and three times the total imported during all of 2025. All of the gasoline from India was loaded at the Vadinar refinery and sold by EU-sanctioned Nayara Energy to Rosneft, CREA said. Rosneft owns 49.13 per cent of Nayara Energy, while Vadinar sourced all of its crude from Russia during the first eight months of 2026, compared with 81 per cent for all of 2025, ..
Russian President Vladimir Putin on Friday began a three-day visit to India to participate in the BRICS summit and meet Prime Minister Narendra Modi to expand bilateral trade, investment and energy cooperation. Putin is accompanied by a high-level delegation. It will be his first in-person participation at a BRICS summit outside Russia since the war in Ukraine began in February 2022. The two-day BRICS summit hosted by India starting Saturday is expected to focus on boosting collective resilience in food, energy, health, disaster reduction and critical supply chains with New Delhi positioning the bloc as an effective anchor to navigate a fragmented geopolitical environment. The summit in New Delhi is taking place against the backdrop of a global economy facing the adverse impacts of the Russia-Ukraine war, the West Asia crisis, especially the blockade of the Strait of Hormuz, and the Trump administration's trade and tariff policies. Chinese President Xi Jinping, Iranian President .
India has emerged as a key supplier of gasoline (petrol) to Russia amid a surge in Russian fuel imports triggered by Ukrainian drone attacks on refineries, ship tracking data showed. Russia's seaborne gasoline imports surged to a record around 125,000 barrels per day (kbd) in August, equivalent to a projected 470,000 tonnes for the month, as repeated attacks on its refineries disrupted domestic fuel production, according to energy analytics firm Vortexa. Indian refiners supplied as much as 1 million barrels of gasoline in the last two months, trade sources said. The supplies essentially came from Vadinar refinery in Gujarat, operated by Nayara Energy, which is half owned by Russia's Rosneft. Since 2022, India has pivoted towards Russia to meet a bulk of its crude oil -- raw material for making fuels like petrol and diesel. India's purchases of Russian crude oil hit a record high as the conflict in the Gulf squeezes supply from other sources. India imported more than 2.6 million ...
India and Russia discussed potential areas of mutual interest in higher education and reaffirmed their commitment to strengthening cooperation in the sector, the Ministry of Education said on Friday. Deepti Gaur Mukherjee, Secretary in the Department of Higher Education, held an interaction with Deputy Minister of Science and Higher Education of the Russian Federation, Mogilevsky Konstantin Ilyich, on Thursday, the ministry said in a post on X. "Both sides discussed potential areas of mutual interest and reaffirmed their intent to strengthen higher education cooperation between the two countries," it said. Mukerjee was appointed the higher education secretary as part of a top-level bureaucratic reshuffle effected by the Centre on August 10. She succeeded Vineet Joshi, who was last month appointed secretary in the Ministry of Panchayati Raj.
The Supreme Court on Friday directed the Centre to appoint a nodal officer in the Ministry of External Affairs to coordinate with the families of those who have died, gone missing, or suffered injuries while fighting in the Russia-Ukraine war. A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana also directed the MEA to facilitate DNA matching of family members with the mortal remains. It asked the MEA to assist affected families in filing compensation claims before the Russian Embassy here and to provide all relevant information and updates in vernacular languages. The bench also directed the National Legal Services Authority (NALSA) and state legal services to extend assistance to the families in securing the mortal remains of their relatives and pursuing compensation claims. The directions came while hearing a petition filed by family members of those who allegedly died or went missing after being recruited to fight in the ongoing Russia-Ukraine
India's imports of Russian crude oil surged to a record high in June, rising 34 per cent from the previous month despite a decline in Russia's overall oil export revenues, according to a report by the Centre for Research on Energy and Clean Air (CREA). India bought Russian crude worth EUR 4.5 billion in June, accounting for 83 per cent of its total Russian fossil fuel imports of EUR 5.5 billion, making it the second-largest buyer of Russian hydrocarbons after China, the report said. The sharp increase came as India's overall crude imports rose 5.4 per cent month-on-month, with Russian supplies to key refineries posting steep gains. Deliveries to Reliance Industries' Jamnagar refinery jumped 150 per cent from May, while imports at Indian Oil Corp's Paradip refinery rose 126 per cent. BPCL's Kochi refinery and Nayara Energy's Vadinar refinery recorded increases of 83 per cent and 45 per cent, respectively, CREA said. The surge in Indian purchases helped lift Russia's crude export ...
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 ...