Russia will have significant challenges if the world, including India, stops buying subsidised oil from it, Ukrainian President Volodymyr Zelenskyy said on Friday. The West has been critical of India's continued buying of Russian oil despite sanctions on that country since its invasion of Ukraine in February 2022. Imports from Russia, which were less than one per cent of the total oil imported in the pre-Ukraine war period, now make up for almost 40 per cent of India's total oil purchases. On Friday, pointing out that there are very significant contracts between India and Russia vis-a-vis oil, the Ukrainian president said, Putin is afraid of losing the economy, he has nothing except for oil, his main currency is oil. They do have a kind of energy-based economy, and they're export-oriented. So, the countries importing energy resources from the Russian Federation, then they will be helping the whole world, Zelenskyy said while addressing the travelling India media persons after his .
During PM Modi's visit to Ukraine on Friday, New Delhi and Kyiv signed four agreements in the fields of agriculture, food industry, medicine, culture, and humanitarian assistance
PM Narendra Modi arrived in Ukraine on Friday, marking the first visit by an Indian Prime Minister to the war-torn nation since it gained independence in 1991
A day ahead of his visit to conflict-torn Ukraine, Prime Minister Narendra Modi on Thursday said India firmly believes that a solution to any conflict cannot be found on the battlefield and it is ready to extend all possible cooperation for restoration of peace and stability in the region. Modi made the remarks after holding wide-ranging talks with Polish Prime Minister Donald Tusk that saw the elevation of India-Poland ties to the level of strategic partnership. In the second leg of his two-nation trip, Modi will be in Kyiv for around seven hours. He will leave for the Ukrainian capital onboard a train this evening and the journey will take around 10 hours. "The conflicts in Ukraine and West Asia are matters of deep concern for all of us. It is India's firm belief that a solution to any problem cannot be found on the battlefield," Modi said in his media statement after talks with Tusk. "The loss of lives of innocent people in any crisis has become the biggest challenge for the ent
India surpassed China's July oil imports from Russia of 1.76 million bpd via pipelines and shipments, based on Chinese customs data
PM Narendra Modi left for Poland on Wednesday and will visit Ukraine on Friday, marking the first visit to Kyiv by an Indian PM since diplomatic relations were established 30 years ago
Days ahead of Prime Minister Narendra Modi's visit to Kyiv, India on Monday said it is willing to contribute in finding a peaceful solution to the conflict in Ukraine. Modi will visit the Ukrainian capital on August 23 to hold talks with President Volodymyr Zelenskyy. India has always been advocating diplomacy and dialogue to resolve the conflict in Ukraine, Tanmaya Lal, Secretary (West) in the Ministry of External Affairs (MEA), said at a media briefing. The ongoing conflict in Ukraine will form a part of discussions, he said. India has independent ties with both Russia and Ukraine, Lal said replying to a question. Modi will travel to Poland before visiting Ukraine.
Rosneft PJSC and the Russian Federation have insisted on paying dividends rather than providing equity oil to ONGC Videsh, despite India's desire for the latter
Russian President Vladimir Putin on Thursday extended warm wishes to India on its Independence Day, underlining Moscow's commitment to strengthening the particularly "privileged strategic partnership" between the two nations. "For 77 years of independent development, your country has achieved universally recognised successes in socio-economic, scientific, technological and many other spheres and gained high prestige in the world arena," Putin said in a statement addressed to his Indian counterpart Droupadi Murmu and Prime Minister Narendra Modi on the occasion of India's Independence Day. "We attach great importance to the relations of a particularly privileged strategic partnership with India. I am confident that the consistent implementation of the agreements reached following our recent talks in Moscow will contribute to the further development of multifaceted Russian-Indian cooperation," he was quoted as saying in the statement by state-run TASS news agency. According to Putin,
The Indian embassy here on Wednesday advised its citizens, including students, residing in Bryansk, Belgorod, and Kursk regions of Russia to relocate temporarily to safer places, citing recent "security incidents" in these areas following the intensification of the Russia-Ukraine war. The security advisory was issued hours after Russia's Belgorod border region declared an emergency under heavy shelling by Ukrainian forces that are pressing a major cross-border incursion into the adjacent Kursk region for a second week. An emergency was declared in Kursk last Saturday after Ukrainian forces on August 6 launched an incursion into the region, marking a significant escalation in the ongoing Russia-Ukraine war, with both sides reporting casualties and territorial gains. "In view of the recent security incidents in Bryansk, Belgorod and Kursk regions, Indian nationals are advised to take necessary precautions and temporarily relocate outside these regions," the Indian embassy said. For .
The discussions between the two central banks involve setting a reference rate between two local currencies for trade instead of determining the value of currencies against the US dollar
India will have more contacts with Ukraine and Russia going forward as such engagements by countries talking to both sides are important to resolve their conflict, External Affairs Minister S Jaishankar said on Monday, days after it emerged that Prime Minister Narendra Modi may visit Kyiv next month. Jaishankar said India's position has been that a solution to the conflict will not emerge from the battlefield, and cautioned that it could be "fatalistic" to allow the situation to take its course and wait for events in some other parts of the world to provide some help to end the crisis. "We do believe that we should be more active there," he said during an interactive session at Japan National Press Club. Jaishankar is on a three-day visit to Japan. "I can reasonably expect that there will be more contacts between us and Ukraine and between us and Russia as well," he said, replying to a question on reports of Modi's likely visit to Kyiv next month. Declining to give a specific answ
The tradition to hold the Main Naval Parade in St Petersburg is "to honour glorious victories of the Navy that made a substantial contribution to defending the Fatherland" emerged in 2017
India is a great power that determines its national interests and chooses its partners, Russian Foreign Minister Sergey Lavrov has said, describing as completely unjustified the enormous pressure on New Delhi due to its energy cooperation with Moscow. During a press conference here on Wednesday, Lavrov also termed as "insulting" Ukraine's remarks on the recent meeting between President Vladimir Putin and Prime Minister Narendra Modi in Moscow. I think India is a great power that sets its own national interests, determines its own national interests, and chooses its own partners. And we know that India is being subject to enormous pressure, completely unjustified pressure in the international arena, Lavrov said. Lavrov was responding to a question about Prime Minister Modi's recent visit to Moscow and the opposition faced by India for its energy cooperation with Russia. With Russia presiding over the UN Security Council for the month of July, Lavrov is in New York to chair meetings o
The spokesperson of the US State Department, Matthew Miller, in a press briefing on Monday not only noted the strong Delhi-Moscow ties but also urged India to tell Putin to respect the UN Charter
Surging Russian exports to India accounted for $61.43 billion of the $65.7 billion in trade between the two countries in the last fiscal year that ended in March
Two countries commit to raise bilateral trade to $100 bn by 2030 as war in Ukraine continues
India, as a critical security provider globally, must play a constructive role in ensuring peace in Ukraine and providing it with the impetus to be able to negotiate with Russia, a senior US official has said. Liam Wasley, Director of the Office of European Security and Political Affairs at the US State Department said this, days after Prime Minister Narendra Modi's high-profile visit to Moscow and his meeting with President Vladimir Putin, including on the Ukraine conflict. Wasley said Indians should understand how much of a threat President Putin and his country are to America's European allies and the NATO alliance. It has also been a very jarring direct threat to the security of a billion members of democracies, Wasley told PTI in an interview. I think that the Indian people can recognise how that is impacting the understanding and the approach of our NATO allies. It's really important for India to be playing a constructive role in ensuring a just peace for Ukraine and providin
During PM Narendra Modi's recent Russia visit, Russian media reported that New Delhi and Moscow are in talks to construct six more high-powered nuclear power units, as well as small nuclear plants
Prime Minister Modi's visit to Moscow was watched by the whole world and it was evident how significant the trip was, he said, a day after Modi and Putin held summit talks