Page 5 - India-russia Ties

$300 mn dividend from Russian assets stuck in banks: Oil India chairman

The Indian state-run explorer, along with Indian Oil Corp and Bharat PetroResources, holds a 23.9% participating interest in JSC Vankorneft and a 29.9% stake in Tass Yuryakh Neftegazodobycha

Will comply with all international sanctions: IOC Chairman A S Sahney

India's state-run oil refiners procure crude oil from Russia from the spot market through traders, shielding the companies from direct impact of the US sanctions

RIL buys West Asian crude amid Western pressure against Russian flows

While Reliance's typical diet does include crude from the region, the recent spurt of buying was more active than usual

'India won't buy Russian oil': Trump repeats claims of speaking to PM Modi

Trump reiterated that PM Modi assured India would not buy Russian oil now, despite New Delhi dismissing his claims; Trump added New Delhi would continue paying 'massive' tariffs otherwise

'India won't be buying Russian oil anymore': Trump reiterates claim

Earlier this week, Trump claimed that PM Modi assured him that India would stop buying oil from Russia, a move he described as "a big step" in Washington's efforts to isolate Moscow

Our cooperation in line with India's national interest, says Russian envoy

Alipov's comments came shortly after the remarks by MEA spokesperson Randhir Jaiswal, who emphasised that India's energy policies are shaped entirely by the need to protect consumer interests

'Consumer interest priority': Govt on Trump's claim on Russian oil purchase

The MEA's comment came after US President Donald Trump claimed that Prime Minister Narendra Modi has assured him that India will stop buying oil from Russia

Sanction-hit Nayara scrambles to sustain operations with support from India

Blocked from international markets by EU sanctions, the Russian-owned refinery has diverted more fuel to India and sought new export customers through various workarounds

Indian refiners likely to import more Russian oil as discounts deepen

Discounts on Urals crude loading in November are $2-to-$2.50 a barrel to Dated Brent, making it attractive

Russian oil traders ask Indian buyers to pay in yuan amid strong China ties

In 2023, Indian state refiners made some payments for Russian oil in yuan, but they stopped due to displeasure from the Indian government during a period of heightened tensions with Beijing

Europe wants a reliable partner; India needs to act cautiously and step up

The European Union seeks concessions from India, tolerating ties with Russia and oil export; now India must reciprocate, avoiding unnecessary moves that would further strain EU's trust

Russia-Pak JF-17 deal: What it means for Moscow-New Delhi relations

Several reports claimed that Russia had decided to supply Pakistan with RD-93MA engines for its JF-17 Thunder fighter jets, reportedly moving ahead despite India's objections

Datanomics: Amid geopolitical uncertainty, a look at Russia's energy trade

US pushes India and EU to cut Russian energy imports, linking deals to compliance

Putin orders his govt to address India's trade imbalance concerns

Ahead of the India-Russia summit, President Putin directs ministers to resolve trade imbalance, ease barriers for Indian exports and strengthen private sector ties

Putin orders steps to ease India-Russia trade imbalance amid Trump tariffs

Criticising US pressure on India and China to cut energy ties with Moscow, Putin said Trump's tariffs could backfire and pledged to reduce trade imbalance with New Delhi

Russian Deputy PM meets PM Modi, discusses agriculture and food sector ties

PM Modi conveyed his warm greetings to President Vladimir Putin and said that he looked forward to welcoming him to India for the 23rd India-Russia Annual Summit

EU unveils new agenda for India, but energy ties with Russia cast shadow

The European Union on Wednesday unveiled a new strategic agenda to ramp up its engagement with New Delhi in several key sectors such as defence, trade and technology even as the 27-nation bloc's foreign and security policy chief Kaja Kallas said India's military exercises and its purchase of Russian oil "stand in the way of closer ties". The EU said its closer partnership with India is increasingly becoming vital in the wake of shifting geopolitical realities and that it is imperative for the two sides to strengthen economic growth and security. Hours after the 'New Strategic EU-India Agenda' was unveiled, Prime Minister Narendra Modi and European Commission President Ursula von der Leyen reaffirmed their commitment to finalise the much-awaited India-EU free trade deal by the year-end. The top EU leader dialled Modi to greet him on his birthday. "Now is the time to double down on partnerships rooted in shared interests and guided by common values. With our new EU-?India strategy, w

US plan to slap tariffs on India and China risks global trade backlash

Since India has none of China's bargaining chips, Trump has found it easy to target it for buying discounted Russian oil, a threat of further punishment, however, could backfire

Adani Group ports to bar vessels facing sanctions from the US, UK, and EU

The move to block sanctioned vessels comes amid heightened scrutiny of global shipping, driven by US tariffs on Russian crude and the ongoing Russia-Ukraine war

Trump urges EU to impose 100% tariffs on India, China to pressure Russia

If adopted, Trump's proposal would mark a significant shift for the EU, which has so far relied on sanctions rather than tariffs to isolate Russia