Page 16 - India-russia Ties

BPCL still in talks with Rosneft for Russian oil deal, discounts narrow

Reuters last month reported that BPCL is in talks to buy up to 6 million metric tons of Russian oil under a term deal with Rosneft

Need to ensure our interest is best served: Jaishankar on Ind-Russia trade

EAM Jaishankar said on Monday that India should keep its relationship with Russia going and see how the interest of the Indian people is best served

India's oil imports from Russia climb to new peak as buying limit nears

Daily volumes climbed to 2.2 million barrels a day in June, rising for a 10th month, according to Viktor Katona, the head of crude analysis at Kpler

Drones hit Moscow buildings, several downed on approach, says officials

It was not immediately clear who launched the drones

Russia pushes India for help to avert its global financial isolation

Many countries in the so-called Global South including India have stayed mostly neutral over Russia's aggression against Ukraine. That balancing act was on display at a Group of Seven summit in Japan

India, Russia suspend negotiations to settle trade in rupees: Report

India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep rupees in its coffers

How Russian oil is still powering Europe's cars with help from India

Europe's refined fuel imports from India are set to surge above 360,000 barrels a day, edging just ahead of those of Saudi Arabia, Kpler's data show

India unlikely to look at Russia as secure friend: Congressman Ro Khanna

India is unlikely to look at Russia as a "secure" friend, given Moscow's closer ties with Beijing in the wake of the raging war in Ukraine, a top Indian-American Congressman has said. Congressman Ro Khanna told a group of reporters over a luncheon interaction on Tuesday that the goal of Indian Americans in the US Congress should be to strengthen the relationship. "I don't think that given the closer ties between Russia and China, India would look to Russia as a secure friend to hedge against the invasion, potentially, of its border in Asia, and that they (Indians) know the United States would be a more trusted partner for that objective, he said. It is in India's interest to align more firmly with the US in terms of the "best hedge" against China, he said, adding that it has been a significant factor in Indian foreign policy. External Affairs Minister S Jaishankar has been clear that that doesn't mean they will march lockstep with our interests in the United States, but they want t

Behind the 'Russia tilt'

Unpacking India's 'national interest', more than a year after the invasion

Indian business delegation to visit Russia to explore agri exports

The exporters expect to sign deals for selling a wide range of products including tea, sugar, coffee, dairy, meat, and marine products, the official said

India's trade deficit with Russia grows seven-fold to $34.79 billion

MIND THE GAP: Ever-growing trade gap due to consistent rise in imports from Russia after its stand-off with Ukraine

FM Sitharaman, Russian Dy PM Manturov discuss economic cooperation

Union Finance Minister Nirmala Sitharaman on Tuesday held a meeting with Russian Deputy Prime Minister Denis Manturov in New Delhi. The two leaders exchanged views on strengthening economic and financial cooperation in to promote bilateral investment and trade.The Ministry of Finance in a tweet said, "Union Finance Minister Smt. @nsitharamanmet Mr. Denis Manturov, Deputy Prime Minister and Minister of Industry & Trade of the Russian Federation, today, at New Delhi."In another tweet, the Ministry of Finance stated, "Both Ministers exchanged views on strengthening economic and financial cooperation in areas of mutual interests to promote bilateral investment and trade."Denis Manturov, who is also Russia's Minister of Industry and Trade on Monday arrived in New Delhi to co-chair the Intergovernmental Russian-Indian Commission.On Tuesday, Russian Deputy Prime Minister Denis Manturov and External Affairs Minister S Jaishankar attended the 24th meeting of the Intergovernmental ...

'No impunity': G7 vows tough, unified stance on Russia-Ukraine war

Top diplomats from the Group of Seven wealthy democracies vowed a unified front against Chinese threats to Taiwan and Russia's war of aggression in Ukraine, saying at the close of their meetings Tuesday that they were committed to boosting and enforcing tough sanctions against Moscow. The G-7 communique laying out their commitments also included strong words over an unprecedented run of North Korean missile tests. But it was China's growing assertiveness in Asia and Russia's invasion of Ukraine that highlighted the three-day summit hosted by Japan in this hot springs resort town. There can be no impunity for war crimes and other atrocities such as Russia's attacks against civilians and critical civilian infrastructure, the ministers said. We remain committed to intensifying sanctions against Russia, coordinating and fully enforcing them, the communique said, and would support for as long as it takes" Ukraine as it defends itself. The foreign ministers' communique was prepared as a

India, Russia working on investment protection pact: Russian Dy PM

India and Russia are working on firming up a bilateral agreement for the promotion and protection of investments and Moscow is looking at expanding trade ties with New Delhi, Russian Deputy Prime Minister Denis Manturov said on Monday. Addressing an event, Manturov also said that Russia, along with the Eurasian Economic Commission, is looking forward to intensifying negotiations on a free trade agreement with India. Manturov, who is also Russia's minister for trade and industry, is on a two-day visit to India primarily to attend an inter-governmental meeting on trade, culture and science and technology. In his remarks at the India-Russia Business Dialogue, he also said that Moscow is keen to import manufacturing equipment and products relating to chemical and pharmaceutical industries from India. "We pay special attention to the issues of mutual access of production to the markets of our countries. Together with the Eurasian Economic Commission, we are looking forward to intensifyi

India-Russia relationship among 'steadiest' of major global relations: EAM

Noting that the India-Russia relationship is among the "steadiest" of major global relations, External Affairs Minister S Jaishankar on Monday batted for addressing the issue of trade imbalance while enhancing bilateral economic cooperation. Addressing an event attended by Russian Deputy Prime Minister Denis Manturov, Jaishankar said Russia's resources and technology can make a powerful contribution to India's growth as Moscow is looking more towards Asia and stressed that there is scope to expand the bilateral engagement in diverse areas. At the same time, Jaishankar referred to "understandable concern" about the "trade imbalance" in the economic engagement between India and Russia, noting that it needs to be addressed on an urgent basis. And addressing the imbalance means addressing the impediments, whether they are market access, non-tariff barriers, issues related to payments or logistics, he said. Trade ties between India and Russia are on an upswing notwithstanding the ...

US lawmaker calls for India to join 'team America', abandon China-Russia

A US lawmaker of a key Congressional committee on the increasingly contentious relationship with China, called on India to choose "team America" over Russia and China.

Ukraine's first deputy foreign minister to arrive in India for 4-day visit

Ukraine's First Deputy Foreign Minister Emine Dzhaparova will begin a four-day visit to India on Sunday, the first official visit from the East European country since the Russian invasion began last year. Dzhaparova will hold talks with Sanjay Verma, Secretary (West) in the Ministry of External Affairs (MEA). It is expected that the Ukrainian deputy foreign minister may extend an invitation for Prime Minister Narendra Modi to visit Ukraine. The MEA announced Dzhaparova's visit to India in a statement on Saturday. The First Deputy Minister of Foreign Affairs of Ukraine Emine Dzhaparova will be on an official visit to India from April 9 to 12," it said. It said Dzhaparova will hold talks with Verma, during which both sides are expected to discuss bilateral relations, exchange views on the current situation in Ukraine and global issues of mutual interest. Dzhaparova will also call on Minister of State for External Affairs and Culture Meenakshi Lekhi and meet Deputy National Security

Russia and US relations are going through a deep crisis: Vladimir Putin

Russian President Vladimir Putin has said that relations between his country and the US are experiencing "a deep crisis"

India, Russia to work on developing hypersonic version of BrahMos: Report

Hypersonic weapon systems are advanced military technologies that can travel at speeds of Mach 5 or higher. Mach 1 defines the speed of sound

Russia in talks with India to develop Northern Sea shipping route: Interfax

Russia and India are looking at expanding the use of the Northern Sea shipping route that passes through the Artic and which could include the building of processing facilities