Widened sanctions on Moscow by western countries including the United States have roiled global oil trade and forced buyers of discounted Russian crude to find new ways to maintain their purchases
Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing those that are now off-limits
The Chairman of the Russian parliament's lower house, Vyacheslav Volodin, arrived in India on Monday for an official visit.His discussions with Indian leaders will focus on improving cooperation in economic, cultural, educational, and technological fields, alongside strengthening inter-parliamentary dialogue between the two nations.Sharing the pictures of his arrival on X, the Russian Embassy in India wrote, "Chairman of the State Duma Vyacheslav Volodin arrived on an official visit to #India. In #NewDelhi, issues of #RussiaIndia cooperation in economic, cultural, educational & technological spheres, as well as the development of interparliamentary dialogue will be discussed."In another post, the embassy added, "Meetings of the Chairman with the Indian leadership and a visit to both houses of the Parliament of #India are planned."Meanwhile, Russian President Vladimir Putin is also expected to visit India for the annual summit this year. The dates for the visit will be worked ...
Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier
The Moscow City Tourism Committee is in discussions with the Indian government for a 'group-free visa regime,' allowing a specified number of tourists travelling together in a group to enter Russia without a visa. "When there is a group of tourists travelling together to Russia, the particular number should be mentioned in the document for the visit to become visa free. For example, in the Chinese document, the group should be 10-20 people. We are in talks with the Indian External Affairs Ministry for a final agreement on the number of people comprising a group from India to avail this facility," Moscow City Tourism Committee Chairman Evgeny Kozlov told PTI on the sidelines of an event on Wednesday evening. Kozlov further said India is an important country and ranks second in terms of source market among far abroad countries after China. "India is a priority market for us. For us among the far abroad countries, China ranks at the number one position, followed by India. Indians are .
President Vladimir Putin on Sunday said that Russian-Indian relations are based on "special and privileged strategic partnership" and hoped that the two countries will use joint efforts to continue to consistently build up productive bilateral cooperation across all areas. President Putin sent heartfelt congratulations to President Droupadi Murmu and Prime Minister Narendra Modi on the occasion of India's 76th Republic Day, the Ministry of Foreign Affairs of Russia said. "Russian-Indian relations are based on special and privileged strategic partnership. I am confident that we will use joint efforts to continue to consistently build up productive bilateral cooperation across all areas, as well as constructive interaction in international affairs," he said. Without a doubt, this meets the fundamental interests of our friendly peoples and is in line with the efforts to form a fair multipolar international order, Putin added. In his message, Putin said that the Indian Constitution tha
Union Minister Hardeep Singh Puri on Friday said that India would continue buying crude oil from Russia if it is available at a discount emphasising that the government is "committed" to buying the most economically-priced crude oil. "We used to buy less than 0.2 per cent from Russia in February 2022. Now, we are buying 30 per cent. If it's available at good discounts, we will buy it. If it (crude oil) is available elsewhere (at a discounted price), we will buy (from that market)," Puri, who is Minister for Petroleum and Natural Gas, said during a media interaction here. Prime Minister Narendra Modi's "commitment is to make energy available round the clock in the most affordable manner, along with the transition to green energy", the minister said. "We are not committed to buying any quantity from anyone. We are committed to buying the most economically priced energy of a grade of crude that you (refineries) want." He said that the government was open to entering both long terms as
Cargoes must be loaded before Jan 10 to evade sanction laws: Treasury Dept
Pressure to stay clear of sweeping US sanctions means the refiners are now aiming to settle payments for the discounted barrels in just two days instead of the previous five
Refiners looking to strike arrangements with suppliers in next 2 months
India on Tuesday pressed Russia to release all the Indians recruited by the Russian military, following the death of another Indian national in the Russia-Ukraine conflict zone, taking the death toll to 10. Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said an Indian national from Kerala has died and another has sustained injuries and is undergoing treatment at a hospital in Moscow. Jaiswal said the matter has been strongly taken up with Russian authorities in Moscow as well as with the Russian embassy in New Delhi. "We have also reiterated our demand for an early discharge of the remaining Indian nationals," he said. Prime Minister Narendra Modi had strongly raised the issue of early discharge of the Indian nationals working in the Russian Army during his talks with Russian President Vladimir Putin in Moscow in July last year. The death of Binil TB, who hailed from Thrissur, was made public on Monday by one of his relatives. Though the MEA did not provide the .
India's slowing economy is most exposed to the latest bans because refiners must pay much more to purchase alternative crudes from West Asia in the short term
Russian President Vladimir Putin on Friday described former prime minister Manmohan Singh as an outstanding statesman and recalled his contribution in elevating India-Russia ties to a 'special and privileged strategic' partnership. In a condolence message, Putin said Singh accomplished a lot in promoting India's economic development and asserting its interests on the world stage. The strategic partnership between India and Russia was elevated to the level of 'special and privileged strategic partnership during the visit of the Russian president to India in December 2010. Singh, who served as the prime minister from 2004 to 2014 and widely known as the architect of India's economic reforms, died on Thursday night. He was 92. "As prime minister and when serving in other high-ranking positions, he accomplished a lot in promoting India's economic development and asserting its interests on the world stage," Putin said. "He also made a major personal contribution to strengthening friend
Kanhaiya Yadav, a resident of Bankata village here, left for Russia in January to work as a cook. Almost a year later, he returned home in a casket. Soon after arriving there, Yadav, 41, was enlisted in the Russian army and sent to the front lines of the Russia-Ukraine war where he was injured. Days after fighting for his life in a hospital, Yadav died on June 17, according to his family. His mortal remains were finally brought home on Monday. Yadav left for St. Peter's Square, Russia on January 16 after securing a work visa through an agent. He underwent training as a cook and was subsequently enlisted in the Russian army, said his wife Geeta. "On May 9, Yadav informed us that he was injured in the fighting. He was in touch with us till May 25, but there was no communication after that," she said. On December 6, the Indian embassy in Moscow informed the family that Yadav died on June 17 while undergoing treatment at a hospital, she added. Yadav's body was brought back on ...
India and Russia have decided to step up joint efforts in dealing with challenges of radicalisation and terror financing. Ways to deepen cooperation in tackling threats of terrorism were discussed at a meeting of the India-Russia joint working group (JWG) on counter-terrorism cooperation. At a separate meeting on issues relating to the United Nations, Russia reiterated its support for India as a permanent member of a reformed UN Security Council. The meeting took place in Moscow on December 19 and 20. "In the 13th JWG on counter-terrorism, both sides shared their experiences in countering terrorism including cross-border terrorism, extremism and agreed to enhance cooperation to address problems of radicalisation as well as terror financing," the Ministry of External Affairs (MEA) said on Saturday. "They discussed current terrorist threats at the global and regional level and combating the use of new and emerging technologies for terrorist purposes," it said in a statement. The ME
The forum also focused on increasing bilateral trade and fostering cultural exchanges
Visa-free travel allows individuals to enter a country without obtaining a visa beforehand
The 10-year agreement amounts to 0.5 per cent of global supply and is worth roughly $13 billion a year at today's prices
Vagsheer, the sixth and final Scorpene-class submarine, and the first of seven Nilgiri-class stealth guided missile frigates are reportedly expected to be commissioned in January
Defence Minister Rajnath Singh met Russian President Vladimir Putin in Moscow on Tuesday and the two leaders noted that the India-Russia partnership holds immense potential and combined efforts will pave the way for "remarkable outcomes". According to the defence ministry, Singh, in the meeting, said, "Friendship between our countries is higher than the highest mountain and deeper than the deepest ocean." The defence minister conveyed to Putin that India has always stood by its Russian friends and will continue to do so in future. Singh also conveyed warm greetings of Prime Minister Narendra Modi to President Putin. "Rajnath Singh discussed various issues of bilateral defence cooperation," the defence ministry said in a statement. "Both leaders expressed that partnership between both countries holds immense potential and combined efforts will pave the way for remarkable outcomes," it said. Singh called on Putin after co-chairing the 21st session of the India-Russia Inter-Governme