Page 10 - India Russia

India's Russian oil buys 'a point of irritation', says US Secretary Rubio

US Secretary of State Marco Rubio says India's Russian oil imports are 'a point of irritation' in ties with Washington, a day after Trump announced 25 per cent tariffs on all Indian exports

Rahul Gandhi agrees with Trump calling India 'dead economy'; allies differ

Rahul Gandhi echoes Donald Trump's 'dead economy' remark for India, but Congress leaders and INDIA bloc allies reject the claim, citing strong economic data

India, Russia can take their dead economies down together: Donald Trump

Donald Trump lashes out at India's ties with Russia, calls both economies 'dead', warns Russia's Medvedev and announces a 25% US tariff on Indian exports

India's imports of Russian oil under spotlight after Trump tariffs

From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US. India historically bought most of its oil from the Middle East, including Iraq and Saudi Arabia. However, things changed when Russia invaded Ukraine in February 2022. India, the world's third-largest crude importer after China and the US, began snapping up Russian oil that was available at a discount after some in the West shunned it as a means to punish Moscow for its invasion of Ukraine. From a market share of just 0.2 per cent in India's import basket before the start of the Russia-Ukraine conflict, Russia overtook Iraq and Saudi Arabia to become India's No.1 supplier, with a share as high as 40 per cent at one point of time. This month, Russia supplied 36 per cent of all crude o

India's refiners seek clarity on Russian oil buys after Trump post

On Wednesday, the US President said that he would impose a tariff rate of 25 per cent on India's exports to the US starting on Aug 1

India to pay 25% tariff plus penalty for Russian oil, defence buys: Trump

US President Donald Trump described India's trade policies as the 'most strenuous and obnoxious non-monetary trade barriers of any country'

Russia-linked refinery tightens sale terms, seeks early payment after curbs

Nayara Energy Ltd., part-owned by Rosneft PJSC, said it was seeking advance payment or a documentary letter of credit, before loading a shipment of naphtha next month

Energy needs our priority, no double standards please: India to Nato

MEA says securing India's energy needs is a top priority and cautions against double standards amid NATO threat of secondary sanctions over Russian oil imports

EAM Jaishankar meets Russian counterpart at sidelines of Brics summit

The two leaders had earlier met in Johannesburg in February this year, where they had discussed the ongoing progress of bilateral cooperation between India and Russia

India, China to face 500% US tariff? Trump backs Russia sanctions bill

The Senate bill, backed by Trump, seeks to penalise nations buying Russian oil; it could reshape US trade ties with India and China amid Ukraine conflict

Indian Army, Russia boost defence ties at 4th IRIGC meet in St Petersburg

The interaction between the Two Armies focused on enhancing bilateral Defence Cooperation, including exchanges in niche technologies such as Drones, C-UAS, Electronic Warfare

Indian coal imports from Russia highest in two years in May: Report

India, one of the key buyers of Russian thermal coal, increased its imports from Russia in May to the highest level in two years, business daily Kommersant reported on Friday. The Russian thermal coal deliveries to India rose by 52 per cent in May 2025 compared to April, reaching a two-year high of 1.3 million metric tons, reported Kommersant quoting a business review by the Russian Centre for Price Indices (CCI). Records reveal since June 2023, monthly exports from Russia have not exceeded 1 million tons. Analysts interviewed by the Daily attribute this trend to the flexible pricing strategies adopted by Russian coal exporters, as well as the quality of the fuel itself. While a significant increase in Russia's market share in India is unlikely due to rising domestic production and the high cost of logistics. However, maintaining current shipment levels is entirely feasible, it said, voicing the opinion of experts. India's total thermal coal imports in May increased seasonally by

Rajnath Singh holds talks with Russian counterpart in China's Qingdao

Defence Minister Rajnath Singh on Thursday held talks with his Russian counterpart Andrey Belousov, focusing on the evolving regional security scenario and bilateral defence and strategic ties. The meeting took place on the sidelines of a defence ministerial conclave of the Shanghai Cooperation Organisation (SCO). In a social media post, Singh described the talks as "insightful". "Happy to have met the Defence Minister of Russia, Andrey Belousov, on the sidelines of the SCO Defence Ministers' Meeting in Qingdao. We had insightful deliberations on boosting India-Russia defence ties," he said. It is understood that Singh highlighted India's challenge of cross-border terrorism emanating from Pakistan. The two ministers are also believed to have discussed the upcoming commissioning of the Indian Navy's Russian-manufactured guided missile frigate INS Tamal at Russia's coastal city of Kaliningrad on July 1. The commissioning ceremony will be presided over by Vice Admiral Sanjay J Singh

Russia advancing long-term economic cooperation plans with India: Putin

Russian President Vladimir Putin on Friday said Moscow's action plan for long-term cooperation till 2030 with India should be finalised shortly. Speaking at the St Petersburg International Economic Forum's plenary session, Putin announced that Moscow is advancing long-term economic cooperation plans with its key partners, including India. Let me remind you that we agreed to prepare long-term cooperation plans with key partners," Putin said while emphasising that "action plans, including those with countries like India, should be completed shortly." We have already set a goal to boost oil and gas exports. To achieve this, we will develop relations with partners, remove trade barriers, explore new market niches, build infrastructure, and deepen investment cooperation, he said. The St Petersburg International Economic Forum (SPIEF) 2025 often dubbed as 'Russian Davos' this year has the theme Shared Values: The Foundation of Growth in a Multipolar World. Putin denied that China and

Russia backs RIC revival, Lavrov says India-China ties show improvement

Sergey Lavrov confirms Russia's support for RIC's revival, says India and China have reached an understanding on border issues and criticises Nato's provocative tactics

Russia reaffirms unwavering support to India in joint fight on terror

Moscow on Friday reiterated its decisive commitment to an uncompromising joint fight with New Delhi against all forms of terrorism as an Indian multi-party Parliamentary delegation held wide-ranging discussion on counter-terrorism combat and briefed the Russian side on Operation Sindoor. A Foreign Ministry statement issued after Deputy Foreign Minister Andrey Rudenko met with the visiting parliamentary delegation expressing readiness to increase close cooperation on the issue at regional and global venues. The delegation led by DMK MP Kanimozhi Karunanidhi is in Russia to sensitise the diplomatic leadership about terror emanating from Pakistan, a month after the Pahalgam attack that left 26 people dead. A decisive commitment to an uncompromising joint fight against all forms of terrorism was confirmed. Readiness was expressed to increase close cooperation on these issues at regional and global venues, primarily in the UN, BRICS and SCO, the Foreign Ministry statement said. Rudenko

Russia's support crucial for global anti-terrorism efforts: MP Kanimozhi

Kanimozhi said it is important to reach out to Russia at a time when India has been facing terror attacks repeatedly.

India's Russian oil imports hit 10-month high on strong ESPO demand

More ESPO was offered to India as Chinese state-owned companies continue shunning sanctioned crudes and crude quotas are running tight for Chinese independent refiners, analysts said

Russia's Victory Day Parade: MEA backs multilateralism, flags terrorism

MoS Defence Sanjay Seth represented Russia's Victory Day in Moscow. The MEA statement highlighted India's WWII contributions, backed multilateralism, and flagged terrorism as a shared global threat

Putin dials PM Modi, says Pahalgam attack culprits must face justice

Russian President Vladimir Putin conveyed his condolences to the families of the Pahalgam terror attack victims and extended full support to India in its fight against terrorism