Russian Foreign Minister Sergey Lavrov on Thursday lauded India for adopting a balanced approach to the Ukraine crisis and advocating for resolving the issue through dialogue. In a video address to a conference titled 'Russia and India: Toward a New Bilateral Agenda' hosted by the Russian International Affairs Council (RIAC), Lavrov reiterated that Russia views strengthening its privileged strategic partnership with India as a foreign policy priority. Lavrov also said that President Vladimir Putin has accepted Prime Minister Narendra Modi's invitation to visit India and preparations are underway for it. "I would like to extend our gratitude on behalf of Russia for the fact that India, including its Prime Minister Narendra Modi, has been following a balanced approach to the Ukraine crisis at all times and called for settling it through dialogue and by addressing its root causes," Lavrov said. He said that Russia fully shares this approach and has been expressing its readiness to hol
This would be Putin's first visit to India after the Russia-Ukraine broke out in 2022
(Corrects designation of HMEL's Das to managing director & CEO, not chairman, in paragraph 5)
India, the No 2 importer of crude from Russia, has said it would buy Russian oil only if it is supplied by companies and ships that have not been sanctioned by the United States
India became the top buyer of Russian sea-borne oil sold at a discount after Western nations imposed sanctions on Moscow and curtailed energy purchases in response to Russia's invasion of Ukraine
Union Oil Minister Hardeep Singh Puri on Monday said that India is open to energy imports from all sources at the lowest rates and domestic oil marketing firms are looking for more gas which is expected to cost less in 2026. Addressing a presser on Indian Energy Week 2025 beginning on Tuesday, Puri allayed fears of impact on energy supplies to India from Russia after US sanctions. Today we have a situation that we have (increased) from 27 suppliers to 39 suppliers. We added Argentina among others. We are open to import from all sources." "We issued tenders at the importation. Those tenders are open to any supplier. We buy from the cheapest source possible." He also informed that domestic (oil marketing firms) companies are looking for more gas. "We also expect the prices of gas (natural gas) to come down. My reading of the international market is that in 2026 you will begin to see a major increase in the availability of natural gas. We may get more gas from Qatar. Our companies ar
The Chairman of the Russian parliament's lower house, Vyacheslav Volodin, arrived in India on Monday for an official visit.His discussions with Indian leaders will focus on improving cooperation in economic, cultural, educational, and technological fields, alongside strengthening inter-parliamentary dialogue between the two nations.Sharing the pictures of his arrival on X, the Russian Embassy in India wrote, "Chairman of the State Duma Vyacheslav Volodin arrived on an official visit to #India. In #NewDelhi, issues of #RussiaIndia cooperation in economic, cultural, educational & technological spheres, as well as the development of interparliamentary dialogue will be discussed."In another post, the embassy added, "Meetings of the Chairman with the Indian leadership and a visit to both houses of the Parliament of #India are planned."Meanwhile, Russian President Vladimir Putin is also expected to visit India for the annual summit this year. The dates for the visit will be worked ...
The Moscow City Tourism Committee is in discussions with the Indian government for a 'group-free visa regime,' allowing a specified number of tourists travelling together in a group to enter Russia without a visa. "When there is a group of tourists travelling together to Russia, the particular number should be mentioned in the document for the visit to become visa free. For example, in the Chinese document, the group should be 10-20 people. We are in talks with the Indian External Affairs Ministry for a final agreement on the number of people comprising a group from India to avail this facility," Moscow City Tourism Committee Chairman Evgeny Kozlov told PTI on the sidelines of an event on Wednesday evening. Kozlov further said India is an important country and ranks second in terms of source market among far abroad countries after China. "India is a priority market for us. For us among the far abroad countries, China ranks at the number one position, followed by India. Indians are .
Union Minister Hardeep Singh Puri on Friday said that India would continue buying crude oil from Russia if it is available at a discount emphasising that the government is "committed" to buying the most economically-priced crude oil. "We used to buy less than 0.2 per cent from Russia in February 2022. Now, we are buying 30 per cent. If it's available at good discounts, we will buy it. If it (crude oil) is available elsewhere (at a discounted price), we will buy (from that market)," Puri, who is Minister for Petroleum and Natural Gas, said during a media interaction here. Prime Minister Narendra Modi's "commitment is to make energy available round the clock in the most affordable manner, along with the transition to green energy", the minister said. "We are not committed to buying any quantity from anyone. We are committed to buying the most economically priced energy of a grade of crude that you (refineries) want." He said that the government was open to entering both long terms as
India became the top buyer of Russian sea-borne oil sold at a discount after Western nations imposed sanctions on Moscow
The refiner on average gets 16-17 cargoes of Russian oil in a month, which cover about 35% of its needs
Pressure to stay clear of sweeping US sanctions means the refiners are now aiming to settle payments for the discounted barrels in just two days instead of the previous five
Processors are hopeful that the new US government may help to blunt the impact of the far-reaching curbs announced last week
Washington also sanctioned 183 vessels used for transporting Russian oil while allowing a winding down of some energy related transactions by March 12
Global Brent crude futures extended gains to climb above $81 a barrel on Monday, their highest since August, on expected disruption of Russian oil supply to China and India
The sources said they understand that the new US sanctions would target more than 180 tankers shipping Russian oil and Russia-based maritime insurance service providers Ingosstrakh Insurance Company
After successfully exporting trial shipments of fresh bananas to countries like the Netherlands through sea route, India is now targeting to increase exports of the fruit to Russia, an official said on Monday. India has set a target of USD 1 billion banana exports in the coming years. At present, exports of most of the fruits, including banana, from India are happening by air route because of lower volumes and different ripening periods. To increase vo?lumes, India is developing sea protocols for fresh fruits and vegetables like bananas, mangoes, pomegranates, and jackfruit to promote their exports through ocean routes. The Agricultural and Processed Food Products Export Development Authority (APEDA), along with other stakeholders, has developed these protocols for bananas. APEDA is an arm of the commerce ministry. "We are targeting Russia to increase banana exports. We are going to participate in buyer-seller meets in Russia," APEDA Chairman Abhishek Dev said. He said India expor
Russian President Vladimir Putin on Friday described former prime minister Manmohan Singh as an outstanding statesman and recalled his contribution in elevating India-Russia ties to a 'special and privileged strategic' partnership. In a condolence message, Putin said Singh accomplished a lot in promoting India's economic development and asserting its interests on the world stage. The strategic partnership between India and Russia was elevated to the level of 'special and privileged strategic partnership during the visit of the Russian president to India in December 2010. Singh, who served as the prime minister from 2004 to 2014 and widely known as the architect of India's economic reforms, died on Thursday night. He was 92. "As prime minister and when serving in other high-ranking positions, he accomplished a lot in promoting India's economic development and asserting its interests on the world stage," Putin said. "He also made a major personal contribution to strengthening friend
Kanhaiya Yadav, a resident of Bankata village here, left for Russia in January to work as a cook. Almost a year later, he returned home in a casket. Soon after arriving there, Yadav, 41, was enlisted in the Russian army and sent to the front lines of the Russia-Ukraine war where he was injured. Days after fighting for his life in a hospital, Yadav died on June 17, according to his family. His mortal remains were finally brought home on Monday. Yadav left for St. Peter's Square, Russia on January 16 after securing a work visa through an agent. He underwent training as a cook and was subsequently enlisted in the Russian army, said his wife Geeta. "On May 9, Yadav informed us that he was injured in the fighting. He was in touch with us till May 25, but there was no communication after that," she said. On December 6, the Indian embassy in Moscow informed the family that Yadav died on June 17 while undergoing treatment at a hospital, she added. Yadav's body was brought back on ...
Oil executives from three of the nation's government-owned processors said they haven't been able to obtain enough Russian crude for January loading in the so-called spot market