India-Russia Ties

US Treasury Secretary said that India's sharp reduction in Russian oil imports shows that tariff pressure has worked, opening the door for a rollback of the additional 25% duty imposed by Trump

India is diversifying its crude slate by stepping up purchases from traditional suppliers such as Iraq and Saudi Arabia

The country imported about 1.3 million barrels a day of Russian crude in December, according to data from ship-tracking firms Vortexa Ltd. and Kpler

Donald Trump has 'approved' a bipartisan sanctions bill that proposes duties of up to 500 per cent on countries buying Russian oil, raising pressure on India, China and Brazil

Reliance Industries said its Jamnagar refinery has not received Russian crude in three weeks and expects no deliveries in January

Donald Trump claimed Prime Minister Narendra Modi knew he was not happy about India's purchase of Russian oil, saying the US could further raise tariffs 'very quickly'

The time-tested partners India and Russia moved towards more balanced, diversified economic ties in 2025, as both sides realised the need to expand bilateral trade beyond defence and energy sectors. During Russian President Vladimir Putin's visit to New Delhi in December, India and Russia unveiled a raft of measures, including a five-year roadmap to build a robust economic partnership and addressed India's concerns over trade deficit. Prime Minister Narendra Modi also conveyed to President Putin that the war in Ukraine must be brought to an end through peaceful means. Prior to his visit to India, when asked about the US threat to impose high tariffs and sanctions on Russia's key partners, Putin stated that the Indian people would not tolerate their country being bullied into making a decision that contradicted their national interests and priorities, as reported by the RT news channel. (India) will never allow itself to be humiliated by anyone. I know Prime Minister Modi, he will a

Overall Russian oil deliveries to India had slowed to as little as 712,000 barrels a day in the second week of December, before rising, according to Kpler

Agreements reached during Russian President Vladimir Putin's recent India visit reaffirmed the alignment of strategic goals and the "steadfastness" of the two countries' "time-tested mutual trust, the Foreign Ministry here said on Friday in its year-end statement. Putin visited India for a two-day state visit earlier this month for the 23rd India-Russia annual summit, during which the two countries unveiled a raft of measures, including a five-year roadmap to build a robust economic partnership. The visit was named one of the key achievements of Russian foreign policy by the ministry in its statement. The agreements reached during the Russian President's December visit to India confirmed the alignment of strategic goals and the steadfastness of the time-tested mutual trust between the two countries," it said. "A comprehensive joint statement was adopted, along with a package of 28 documents, including a programme for developing strategic areas of Russian-Indian economic cooperatio

India slightly cut its reliance on Russian crude in early 2025, while imports from the US surged 83.3 per cent in value to $7.8 billion, reflecting a strategic shift toward alternative crude sources

The United States had earlier imposed 50 per cent tariffs on most Indian goods in August 2025 amid broader trade disputes and concerns over India's purchases of Russian oil

The meetings took place during the first visit of India's defence business leaders to Russia since Moscow's 2022 invasion of Ukraine

Lower costs, better post-study options and easier entry to medical and engineering programmes may lead to a significant rise in Indian students choosing to study in Russia in the coming months

By contrast, oil cargoes arriving in India from Russia next month could fall as far as 600,000 barrels a day, the weakest level since early 2022

As per the Joint Statement issued after the 23rd India-Russia Annual Summit, the two Leaders welcomed the opening of two Consulates General of India in Yekaterinburg and Kazan

Deals on labour mobility, plan for 2nd Russia-backed N-plant

Rosatom is the supplier of key equipment and technology for the project being jointly developed with the Nuclear Power Corporation of India

PM Narendra Modi said India and Russia could meet the $100 billion trade target well before 2030, citing trust and scope for cooperation in EVs, healthcare and auto components