Low discounts fail to impact pecking order; continuing reliance on Russian supplies helps prop up GRMs of refiners
External Affairs Minister S Jaishankar on Sunday held "wide-ranging" talks with his American counterpart Antony Blinken against the backdrop of an unease in India-US ties following Prime Minister Narendra Modi's visit to Russia three weeks back. Both Jaishankar and Blinken are in Tokyo to attend a meeting of foreign ministers of four-nation grouping Quad or Quadrilateral coalition. The talks between the external affairs minister and the US secretary of state also came amid Washington consistently seeking accountability from New Delhi in the case relating to the alleged foiled plot to kill Sikh extremist Gurupatwant Singh Pannun in New York. It is not immediately clear whether Prime Minister Modi's visit to Russia and the murder-for-hire plot figured in the Jaishankar-Blinken talks. In a post on 'X', Jaishankar said he and Blinken had a wide-ranging discussion on regional and global issues. "Great to catch up with @SecBlinken in Tokyo today," he said. "Our bilateral agenda progres
The tradition to hold the Main Naval Parade in St Petersburg is "to honour glorious victories of the Navy that made a substantial contribution to defending the Fatherland" emerged in 2017
India and Ukraine are looking at the possibility of a visit by Prime Minister Narendra Modi to Kyiv next month amid renewed global efforts to bring peace to the eastern European nation, multiple diplomatic sources said on Saturday. Modi might visit Kyiv around the Ukrainian National Day on August 24 and is expected to travel to Poland after concluding the trip to Ukraine, the sources said. The prime minister held talks with Ukrainian President Volodymyr Zelenskyy last month on the sidelines of the G7 Summit in Italy's Apulia. If Modi travels to Poland, it would be the first by an Indian prime minister to that country in more than four decades. India and Ukraine are looking at Modi's visit to Kyiv in the later half of August, the sources said, adding that there is no finality on the trip yet as massive preparations would be required in terms of logistics and related issues. The prime minister's two-nation visit might begin around August 23-24, the sources said. There is no officia
The statement said that the Indian officials will stay on the ground till the replacement plane arrives and takes all the passengers
Steps such as increasing exports, making local currency trading workable and a free trade agreement with the Eurasian Economic Union will help boost trade between India and Russia, think tank GTRI said on Thursday. India should not worry over the trade deficit, as it is getting crude petroleum oil at cheaper than market rates from Russia and it is also cutting India's overall oil import bill, the Global Trade Research Initiative (GTRI) said. Since the Ukraine war began in February 2022 and the US imposed sanctions on Russia, the trade relationship between India and Russia has shifted significantly. There has been a sharp increase in imports from Russia, resulting in a notable trade imbalance. Exports during the financial year 2020-21 and 2023-24 grew by 59 per cent, while imports surged by about 8,300 per cent, the report said, adding the trade deficit rose from USD 2.8 billion before the war in 2020-21 to USD 57.2 billion at present. It said that the import surge is solely due to
The trade between both countries expanded rapidly over the last two financial years
Surging Russian exports to India accounted for $61.43 billion of the $65.7 billion in trade between the two countries in the last fiscal year that ended in March
Away from Washington, Ukrainian President Volodymyr Zelenskyy sought to broaden support for US military aid by telling state governors Friday the world's leaders should see for themselves the carnage wrought since Russia invaded his country more than two years ago. Zelenskyy's plea at the National Governors Association summer meeting in Salt Lake City came days after NATO leaders met in the US capital and pledged more help for Ukraine. The only thing we ask for is sufficient support air defence systems for our cities, weapons for our men and women on the frontline, support in protecting normal life and rebuilding, Zelenskyy told the governors. This is all we need to withstand and drive Russia from our land and to send a strong signal to all other potential aggressors which are watching. NATO members this week agreed to a new programme to provide reliable military aid to Ukraine and prepare for its eventual membership in the alliance. They declared Ukraine was on an irreversible .
Two countries commit to raise bilateral trade to $100 bn by 2030 as war in Ukraine continues
New trade target of $100 billion
Russia started offering its crude at discounted prices after the Western nations imposed cuts on their oil imports from Moscow in a bid to put pressure on the Russian economy over the Ukraine war
Peace talks do not succeed in the midst of bombs, guns, and bullets: PM Narendra Modi
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PM Modi's remarks came a day after a children's hospital in Kyiv was struck amidst a wave of Russian attacks
PM Modi stated that people feel India is changing when they come from abroad to the country. He said that people from abroad can clearly witness transformation in India
Prime Minister Modi and Russian President Putin are set to hold key bilateral talks in Moscow today to discuss a wide range of issues as part of the 22nd India-Russia annual summit
Prime Minister Narendra Modi on Tuesday described Russia as India's "all-weather friend" and hailed President Vladimir Putin's leadership in strengthening the bilateral relationship over the past two decades. The Prime Minister's praise of Putin, during an address to the Indian diaspora here, came amid attempts by Western powers to isolate the Russian leader over the war in Ukraine. "On hearing the word Russia, the first word that comes to mind of every Indian is India's all-weather friend (sukh-dukh ka saathi) and a trusted ally, Modi said. No matter how low the temperature dips below minus during Russian winter, India-Russia friendship has always remained in 'plus', it is full of warmth. This relationship is built on the strong foundation of mutual trust and mutual respect, the Prime Minister said. Modi said he had a special appreciation for his friend President Putin for steering India-Russia friendship to greater heights over the last two decades. The Prime Minister said for a
The Indian side's remarks came shortly after the United States expressed concerns about the conflict in Ukraine, as Modi began his trip to Russia on Monday to meet President Vladimir Putin
Modi could even - and probably should - push his Russian interlocutors to make serious efforts to end the war