Page 17 - India-russia Ties

India-Russia trade exceeds $50 bn: EAM highlights progress in key sectors

During the meeting, Jaishankar conveyed Prime Minister Narendra Modi's personal greetings to President Putin

Will be glad to see our friend: Putin invites PM Modi to visit Russia

President Vladimir Putin on Wednesday invited Prime Minister Narendra Modi to visit Russia next year as External Affairs Minister S Jaishankar called on the Russian leader at the Kremlin. "We will be glad to see our friend, Mr. Prime Minister Modi in Russia," Putin told Jaishankar. Jaishankar, who is here on a five-day official visit to Russia, earlier met with his Russian counterpart Sergey Lavrov. During a joint media appearance along with Lavrov after their talks, Jaishankar said he was confident that Prime Minister Modi and President Putin will meet for an annual summit next year. In his opening remarks earlier, Jaishankar said that the two leaders have been in frequent contact. The summit between the prime minister of India and the Russian president is the highest institutional dialogue mechanism in the strategic partnership between the two sides. So far, 21 annual summits have taken place alternatively in India and Russia. The last summit took place in New Delhi in December

Russia backs India's UNSC, 'Make in India' bid amid Jaishankar's trip

Russia on Wednesday said it supports India's aspirations to become a permanent member of the United Nations Security Council and also praised New Delhi's deft handling of the contentious issues at the G20 Summit as a "true triumph" of its foreign policy. The Security Council has 5 permanent and 10 non-permanent members. India has long been seeking a permanent membership at the UNSC, strongly calling for reform of the United Nations in line with the changing realities of the world. The five permanent members are the UK, China, Russia, the US and France. "We support India's candidacy for joining" the UN Security Council as a permanent member, Lavrov said after holding talks with his Indian counterpart S Jaishankar here. Jaishankar is on a five-day visit to Russia. Lavrov said the G20 Summit that took place in New Delhi earlier this year was a "true triumph of India's foreign policy; it was a triumph of multilateral diplomacy, which has become possible, to a decisive degree, because t

Jaishankar-Lavrov talks to focus on trade in national currencies, banking

Hydrocarbon development in the Arctic Shelf and Russian Far East to be discussed, Russian Foreign Ministry has said

Russia asks India to keep in mind old ties, help from Soviets in 1971

A high-ranking Russian official on Wednesday said India must keep in mind the old ties and the help Russia has rendered in the past. The comments have come against the backdrop of a senior US official visiting the country to discuss various issues. Maintaining that India has the right to pursue its own interests, Russia's Consul General in the financial capital Aleksei Surovtsev said Moscow will "appreciate" if India keeps certain facets of the Indo-Russian ties in mind. India should keep in mind the "great long-term friendly relationship" that dates back to even before the country's independence in 1947, Surovtsev told PTI on the sidelines of an event here. "Apart from that we definitely know great examples of this friendship such as 1971 when Soviet vessels were kind of behind backs of Indian army and fleet in the Bay of Bengal. So, this is definitely what we are hugely appreciating right now that India keeps this in mind," he added. Surovtsev was replying to a specific question

India-Russia discuss joint production of aircraft weapons for IAF: Report

Russia continues to be India's largest arms supplier with its share of Indian defence imports at 45% in 2022, according to this year's report from the SIPRI.

US commitment to Ukraine a key issue as President Biden meets EU leaders

Saddled with a dysfunctional Congress, President Joe Biden has the task of assuring European Union leaders on Friday that the United States can nonetheless deliver on promises to send tens of billions of dollars' worth of aid to wartime Ukraine and Israel. The Oval Office sit-down comes at a moment when domestic U.S. political chaos could further destabilize an increasingly chaotic world. Many of Biden's shared priorities with the EU depend on getting a budget through Congress a tough task given that the House lacks an elected speaker and differences with some Republican lawmakers over aid for Ukraine could force a federal government shutdown in November. Along with addressing Ukraine's efforts to repel Russia and the fallout from Hamas' attack on Israel, the U.S. and EU leaders are also figuring out how to manage climate change, economic competition with China and trade and tax issues. One day ahead of his meeting with Biden, European Council President Charles Michel expressed ...

Imports from Russia up 67% in Apr-Sep on higher shipments of oil: Govt data

India's imports from Russia rose by about 67 per cent to USD 30.42 billion during the April-September period this fiscal on higher shipments of crude oil and fertiliser, according to the commerce ministry data. With this, Russia has become India's second-largest import source during the first half of this fiscal. The imports were USD 18.24 billion during April-September 2022. From a market share of less than 1 per cent in India's import basket before the start of the Russia-Ukraine conflict, Russia's share of India's oil imports rose to over 40 per cent. India, the world's third-largest crude importer after China and the United States, has been buying Russian oil that was available at a discount after some countries in the West shunned it as a means of punishing Moscow for the invasion of Ukraine. The ministry's data showed that imports from China dipped to USD 50.47 billion during the period against USD 52.42 billion in the same period last year. Similarly, imports from the US .

PM Modi, Russian President Putin may hold summit this year: Indian envoy

"This is being discussed. Discussions are ongoing at a high level," India's ambassador to Moscow Pawan Kapoor said

Moscow ready to welcome Indian travellers with improved infrastructure

Russia is making an active bid to attract Indian travellers to visit Moscow -- a huge megalopolis and the historical, political and spiritual heart of the Russian Federation. The Moscow City Tourism Committee is promoting the city not only as a cultural capital but also as a business hub as it plans to onboard trade partners, tourists and vacationers. Moscow has also strengthened cooperation with the tourism sectors of allied nations, hosting familiarization tours for delegates and arranging business trips to showcase the city's tourism potential. To accommodate visitors, Moscow is improving its infrastructure: signs are now available in English and Chinese, all announcements on public transport are repeated in English, and hotels are also adapting to cater to the needs of guests from various countries and ensure a comfortable stay. "We are still on our way to restore the flow of Indian tourists in Moscow like it used to be before the pandemic," said Bulat Nurmukhanov, Head of ...

India to offer Russia to invest trapped rupees, says Sergei Lavrov

Lavrov also said Russian arms contracts with India remain in force, despite difficulties with payments caused by sanctions imposed by the US and its allies over Russia's invasion of Ukraine

'Every country has right to...': WH official on India buying Russian oil

This remark came upon the query being asked about India buying oil from Russia could be one of the agenda of US President Joe Biden's discussion with Prime Minister Narendra Modi

Putin will not personally attend G20 summit in India: Kremlin spokesman

Russian President Vladimir Putin will not personally attend the G20 summit to be held in New Delhi on September 9-10, Kremlin Spokesman Dmitry Peskov announced here on Friday. "No, the president has no such plans, the official Tass news agency quoted the Kremlin spokesman as saying. The format of Putin's participation would be determined later, Peskov said. Putin did not personally attend the just-concluded BRICS Summit in Johannesburg. He was represented by Russian Foreign Minister Sergey Lavrov. President Putin decided against attending the first in-person BRICS summit after Covid-19 as the International Criminal Court (ICC) issued an arrest warrant for him in March over an alleged scheme to deport Ukrainian children to Russia. South Africa is an ICC signatory and was expected to help in Putin's arrest if he was present in the country.

Japan is next country to shoot for Moon after India and Russia missions

As Japanese entrepreneurs try to build their space startups, they're getting some support from JAXA

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