The Centre said last week that several Indians hired as support staff to the Russian army were discharged following India's demand
India's refiners are keen to take more Russian oil, but there would need to be US approval for buying to ramp up again, the executives said, asking not to be identified because the information is priv
Traditional management contracts and franchising agreements are among the potential collaboration models being explored
Washington is chipping away at the so-called shadow fleet that transports oil to China, India and Turkiye among others
Russian barrels are not sanctioned for countries like India, but if the ships they are delivered on come under sanctions then India cannot buy such shipments
In an interview with the German economic daily, Handelsblatt, Jaishankar stated that Europe should understand that India cannot have a view of Russia that is identical to the European one
Houthi attacks on Russian crude deliveries coincide with escalating US actions on ships carrying such crude, leading to double trouble for India
Reacting to the reported death of Russian opposition leader Alexei Navalny, French President Emmanuel Macron said that free spirits are sent to the Gulag and condemned to death in today's Russia
India did not receive Sokol oil in December and January, data from trade sources and the ship tracking data shows
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year
Russia accused the West on Monday of sabotaging agreements that would have prevented the war in Ukraine -- but the US and its allies put the blame squarely on Moscow, saying there is no escaping that President Vladimir Putin ordered the invasion of its smaller neighbour. Days before the second anniversary of Russia's invasion on February 24, 2022, Russia's UN Ambassador Vassily Nebenzia again put the cause of the war down to the failure to implement the 2015 Minsk agreements, which he blamed on "Kyiv's sabotage" supported by the West. The agreements aimed to resolve the conflict between Ukraine and Russia-backed separatists that flared in April 2014 after Russia's annexation of Crimea and its support for the separatists in the mostly Russian-speaking industrial east called Donbas. At Monday's Security Council meeting that Russia called on the seventh anniversary of the signing of the Minsk peace plan brokered by France and Germany, Nebenzia called claims by Ukraine and Western natio
India and Russia have maintained a robust strategic partnership, rooted in historical ties and shared interests, over decades
India's crude oil imports from Russia fell for a second straight month in January to its lowest in 12 months but the nation's insatiable appetite for Russian crude remains for the long term, according to data from energy cargo tracker and industry officials. Russia supplied 1.2 million barrels per day of crude oil to India in January, down from 1.32 million barrels in December and 1.62 million barrels in November 2023, according to data from energy cargo tracker Vortexa. Russia however continues to remain India's top oil supplier, accounting for a little less than a quarter of 4.91 million barrels a day of oil that the world's third largest energy consumer imported in January. The decline in cargoes from Russia was made up by increased sourcing from Iraq, which supplied 1.1 million barrels per day (bpd) in January, up from 985,000 bpd in the previous month. Supplies from Saudi Arabia declined to 659,000 bpd from 668,000 bpd in December. India is more than 85 per cent dependent on .
Oil imports from Russia, negligible before Moscow's invasion of Ukraine, climbed steadily through 2022 and the first half of last year as India saw an opportunity to procure discounted barrels
The International Court of Justice is ruling Friday on whether it has jurisdiction to hear a case filed by Ukraine in the days after Russia's invasion accusing Moscow of breaching the genocide convention. In the highly-charged case, Kyiv claims that Russia breached the landmark 1948 convention by using trumped-up claims of genocide in the eastern regions of Luhansk and Donetsk as a pretext for attacking Ukraine nearly two years ago. Ukraine also accuses Moscow of planning acts of genocide. Moscow rejects the allegations and argued last year that the court should throw out the case before even considering the merits of Kyiv's claims. At hearings in September, the leader of Moscow's legal team, Gennady Kuzmin, called Ukraine's case hopelessly flawed and at odds with the longstanding jurisprudence of this court. In order for the court to have jurisdiction, Ukraine has to establish that it has a dispute with Russia over the genocide convention. A member of Moscow's legal team, Sienho
Rajnath Singh was addressing the Special Session of the Indo-American Chamber of Commerce in New Delhi
Enhanced enforcement of sanctions by Western powers may increase procurement costs and reduce the appeal of discounted Russian crude
On the occasion of 75th Republic Day, the envoys of various countries, ranging from the United States, Israel and Russia wished India and called for further prospering ties with New Delhi
A combination of high inflation and sanctions imposed by the West has led to the egg crisis in Russia
Russian President Vladimir Putin has said that the country has become Europe's first economy and stands at number fifth in the world in terms of purchasing power parity