India's appetite for Russian oil revives as cheaper Venezuelan supplies dry up after the US again imposes sanctions on Latin American nation
India is the largest consumer of Russian seaborne oil, sold at a discount after Western nations shunned purchases from Moscow for its invasion of Ukraine
Russian President Vladimir Putin said on Thursday he plans to visit China in May, in what could become the first foreign trip for the Russian leader after he extended his rule by six more years in an election that offered voters little real choice. Putin announced the plans for the visit at a congress of the Russian Union of Industrialists and Entrepreneurs in Moscow. He didn't say when exactly it would take place and didn't offer any other details. Putin's inauguration is scheduled for May 7, Russian lawmakers said earlier this week. Last month, the 71-year-old Russian leader secured his fifth term in office in a vote with no real opposition, extending his 24-year rule. Russia's growing economic and diplomatic isolation because of its war against Ukraine has made it increasingly reliant on China, its former rival for leadership of the Communist bloc during the Cold War. According to a recent US assessment, China has surged sales to Russia of machine tools, microelectronics and oth
During the meeting, he called for closer cooperation in the fight against terrorism and concrete actions to prevent transborder planning, funding and execution of terrorist acts
Russia currently does not feature in the top five countries that import medical devices from India
Import volumes remained stable at 232 mmt in FY24 as dependency increase
According to estimates by the London-based commodity data analytics provider Vortexa, which tracks ship movements to gauge imports
External Affairs Minister S Jaishankar in February this year reaffirmed India's stance on buying Russian oil despite sanctions on Moscow amid military conflict with Ukraine
Two senior US treasury officials are in India to urge New Delhi to maintain the implementation of the oil price cap aimed at limiting profits to Russia, while also promoting stable global energy markets, according to an official announcement. Acting Assistant Secretary for Terrorist Financing Anna Morris and PDO Assistant Secretary for Economic Policy Eric Van Nostrand are travelling to New Delhi and Mumbai from April 2-5 to meet with government and private sector counterparts, the Treasury said in a statement on Wednesday. They will discuss key bilateral issues, including cooperation on anti-money laundering and countering the financing of terrorism, other illicit finance issues, and continued implementation of the price cap, which seeks to further limit the profits Russia receives to fund its illegal invasion while promoting stable global energy markets, it said. Following Russia's February 2022 invasion of Ukraine, the G7 nations, the European Union, and Australia jointly ...
Since October, the US has enforced the price cap with sanctions including designating in February Sovcomflot (SCF), Russia's state-owned shipping company
India, with deep economic and political ties with Russia, has consistently pushed for dialog and diplomacy to end the conflict. It has not publicly criticized or voted against Russia at the UN
External Affairs Minister S Jaishankar met Ukraine's Minister of Foreign Affairs Dmytro Kuleba in New Delhi on Friday as part of a bilateral engagement. Kuleba, who arrived here on Thursday, is on a two-day visit to India. "Welcome FM @DmytroKuleba of Ukraine to Hyderabad House. Look forward to our discussions today," Jaishankar posted on X ahead of their talks. The external affairs minister also shared a photograph of him shaking hands with his Ukranian counterpart at the Hyderabad House. Kuleba's visit comes amid efforts to seek a peaceful resolution to the over two-year-old Russia-Ukraine conflict. On Thursday, Kuleba had posted on X, "I began my visit to New Delhi upon @DrSJaishankar's invitation. The Ukrainian-Indian cooperation is important and we will be reinvigorating ties. Building on the dialogue between @ZelenskyyUa and @NarendraModi, we will pay specific attention to the Peace Formula." During his weekly press briefing, Ministry of External Affairs (MEA) spokesperson
Ukrainian foreign minister has urged India to support it in its war against Russia. India-Russia ties are based on Soviet legacy that is evaporating, he said
State-run Sovcomflot transported about a fifth of all Russia's crude deliveries to India last year
Prime Minister Narendra Modi on Saturday said India strongly condemns the heinous terror attack in Moscow and stands in solidarity with the government and the people of Russia in this hour of grief. Assailants burst into a large concert hall in Moscow on Friday and sprayed the crowd with gunfire, killing more than 60 people, injuring over 100 and setting fire to the venue in a brazen attack, according to media reports. "We strongly condemn the heinous terrorist attack in Moscow. Our thoughts and prayers are with the families of the victims," Modi said in a post on X. "India stands in solidarity with the government and the people of the Russian Federation in this hour of grief," he said. Media reports said the Islamic State group claimed responsibility for the attack in a statement posted on its affiliated channels on social media.
Russia's share of Indian crude imports rose to 32 percent in February after recent dips
Ukrainian and allied officials Sunday criticised Pope Francis for saying that Kyiv should have the courage to negotiate an end to the war with Russia, a statement many interpreted as a call for Ukraine to surrender. The foreign ministers of Ukraine and Poland, a vocal ally of Kyiv, condemned the pope's remarks. And a leader of one of Ukraine's Christian churches on Sunday said that only the country's determined resistance to Moscow's full-scale invasion, launched by Russian President Vladimir Putin on Feb 24, 2022, had prevented a mass slaughter of civilians. In an interview recorded last month with Swiss broadcaster RSI and partially released on Saturday, Francis used the phrase the courage of the white flag as he argued that Ukraine, facing a possible defeat, should be open to peace talks brokered by international powers. Our flag is blue and yellow. We live, die and win under it. We will not raise other flags, Ukrainian Foreign Minister Dmytro Kuleba posted on Sunday on X, former
Several Indian nationals have been duped to work with the Russian Army and India has strongly taken up the matter with the Russian government for their early discharge, the Ministry of External Affairs (MEA) said on Friday. MEA spokesperson Randhir Jaiswal said strong action has been initiated against agents and unscrupulous elements who recruited the Indians on false pretexts and promises. "The CBI yesterday busted a major human trafficking network conducting searches in several cities and collecting incriminating evidence. A case of human trafficking has been registered against several agents," Jaiswal said at his weekly media briefing. "We once again appeal to Indian nationals to not be swayed by offers made by agents for support jobs with the Russian Army. This is fraught with danger and risk to life," he said. Jaiswal said India remains committed to ensure early release of the Indian nationals serving as support staff to the Russian Army. "We remain committed to the early rel
The traffickers, operating across several Indian states, targeted people using social media platforms and through local agents, the CBI said in a statement
A group of Indians alleged that they got tricked into joining the Russian military and were sent to fight in the war against Ukraine