Page 10 - India Russia

Russia keen to join Sudarshan Chakra project: Charge d'affaires Babushkin

Russia has a "special mechanism" to confront any challenge arising out of the US slapping punitive measures against India for its procurement of Russian crude oil, Russian charge d'affaires Roman Babushkin said on Wednesday. The relations between New Delhi and Washington are on a downturn after US President Donald Trump doubled tariffs on Indian goods to a whopping 50 per cent including a 25 per cent additional duties for India's purchase of Russian crude oil. At a media briefing, Babushkin projected the rapid upswing in his country's ties with New Delhi in several critical areas and said Russia has been a "partner of choice" for India's requirement of various military platforms and hardware. The senior Russian diplomat said Russia is expected to be part of New Delhi's plans to create a new air defence system called Sudarshan Chakra, which was unveiled by Prime Minister Narendra Modi during his Independence Day speech. "We proceed from the understanding that when it comes to the ..

Doing more and differently must be mantra of India-Russia ties: Jaishankar

India and Russia should come out with a creative and innovative approach to confront complex geopolitical challenges, External Affairs Minister S Jaishankar said on Wednesday amid increasing strains in New Delhi's ties with Washington over its purchase of Russian crude oil. Jaishankar made the remarks at a meeting with Russia's First Deputy Prime Minister Denis Manturov in Moscow. In his televised opening remarks, the external affairs minister said India and Russia should continuously diversify and expand their "agenda" of cooperation including by diversifying the bilateral trade basket and through more joint ventures. "Doing more and doing differently should be our mantras," he said. The comments came against the backdrop of a downturn in relations between India and the US after President Donald Trump doubled tariffs on Indian goods to a whopping 50 per cent including a 25 per cent additional duties for India's purchase of Russian crude oil. The external affairs minister arrived

Amid US tariffs, EAM urges Russian firms to deepen engagement with India

Jaishankar highlighted India and Russia's steady ties, urging more strenuous efforts to diversify and balance trade between the two nations

Russian crude oil continues to flow to India: First Deputy PM Manturo

Russian oil and energy resources continue to flow to India as Moscow sees potential for LNG exports, Russia's First Deputy Prime Minister Denis Manturo said on Wednesday. "We continue to ship fuel, including crude oil and oil products, thermal and coking coal. We see potential for exporting Russian LNG," Manturov said, co-chairing the 26th session of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific-Technological and Cultural Cooperation (IRIGC-TEC). From the Indian side, the commission was co-chaired by External Affairs Minister S Jaishankar, who arrived here on Tuesday on a three-day visit. "We expect to expand comprehensive cooperation in the peaceful nuclear sector, including on the basis of the successful experience of the Kudankulam NPP construction project," the Russian leader said. Manturov noted that trade between Russia and India in national currencies has exceeded 90 per cent. "An equally important task, especially in the current realities, i

Oil prices climb after US adviser warns India over Russian crude imports

White House trade adviser Peter Navarro's comments around India's purchases of Russian crude funding Moscow's war in Ukraine revived concerns about supply flows

Trump hints US could hold back secondary tariffs on India over Russian oil

US President Donald Trump said the US may not add extra tariffs on India for buying Russian oil, leaving room for change of plans after India faced 50 per cent tariffs

Trump delays tariffs on China over Russian oil, says 'may revisit in weeks'

This pause in tariffs could offer India a short-term relief on crude prices and import costs despite higher duties

Brics diplomacy gathers pace as Jaishankar, Wang Yi plan key visits

The visits signal renewed India-China-Russia dialogue amid rising US trade tensions; Modi, Xi, and Putin set to meet at SCO Summit in Tianjin

Picking on India: How US tariff move targets Russian oil-linked exports

The country needs energy and Trump knew that when he announced a 25 per cent tariff on much of India's exports for sourcing discounted oil from Russia, which is India's oldest ally

NSA Doval meets Russia's first deputy PM, discusses military-technical ties

National Security Advisor Ajit Doval held talks with Russia's First Deputy Prime Minister Denis Manturov here on bilateral military-technical ties and implementation of joint projects in strategic sectors. Doval is in Russia to hold crucial talks on bilateral energy and defence ties and to prepare the ground for President Putin's visit to India later this year. Doval and Manturov met on Friday, according to the Russian Embassy in India. The talks covered "topical issues of #RussiaIndia military-technical cooperation, as well as the implementation of joint projects in other strategic sectors, including civil aircraft manufacturing, metallurgy, and the chemical industry," the embassy said in an X post. On Thursday, Doval called on Russian President Vladimir Putin at the Kremlin to discuss bilateral cooperation between the two countries. During the meeting, he reiterated New Delhi's commitment to continue cooperation on all fronts with Russia in spite of outside pressure. The NSA's

'New world order taking shape', says expert on PM Modi's call with Putin

Putin briefed PM Modi on Ukraine during their call, and both leaders reaffirmed their commitment to strengthening the India-Russia Special and Privileged Strategic Partnership

PM Modi talks to Putin, reiterates partnership as Trump tariffs loom

Modi and Putin reaffirm defence and trade cooperation; talks follow Ajit Doval's Moscow visit and rising global trade tensions involving the US, India, and Brazil

Russia, India talk up 'strategic partnership' after Trump tariff hike

President Donald Trump announced higher tariffs on imports from India because of its purchases of Russian oil

India's Russian oil puzzle: Higher cost, drying offers, and tariff pressure

India's oil trade with Russia faces its toughest test yet with spiking procurement costs, tightening sanctions, disappearing discounts and the looming threat of Trump's tariffs

US doubles tariff on India to 50% over Russian crude oil purchases

'Unfair, unjustified, unreasonable', says MEA; new rates from August 28

India refiners wait for govt order on Russian oil purchases: Report

US President Donald Trump has criticised India's Russian oil purchases, arguing they help fund Moscow's war in Ukraine

India, Russia to collaborate on rare earths, critical minerals mining

India and Russia are exploring opportunities in rare earth and critical minerals extraction, underground coal gasification, and creation of modern industrial infrastructure, an official statement said on Wednesday. The issue came up for discussions during the India-Russia Working Group on Modernization and Industrial Cooperation meeting, which was held here under the framework of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation. Critical minerals such as copper, lithium, nickel, cobalt and rare earth are essential raw materials required to fuel the growth of rapidly-growing clean energy technologies and their expanding uses ranging from wind turbines and electricity networks to electric vehicles and battery manufacturing. The commerce and industry ministry said the key focus areas included cooperation in aerospace science and technology, including the establishment of a modernized wind tunnel facility, production of

Trump imposes additional 25% tariff on India for purchasing Russian oil

US President Donald Trump has imposed an additional 25% tariff on Indian goods, citing India's continued import of Russian oil, effective August 27

Oil and pressure: How India became Russia's oil lifeline after Ukraine war

India's growing reliance on discounted Russian crude has reshaped its import basket, pushing out traditional West Asian suppliers and raising questions about how easily the country could pivot

Russia backs India's right to choose trade partners, commits to partnership

Russia reaffirms defence ties with India, backs sovereign right to choose trade partners; statement comes after Trump's accusations of India's crude oil purchases funding Russia's conflict with Ukrain