Page 21 - India Russia

India pushes back against Russia's demands to pay for oil imports in yuan

Indian Oil Corp., the biggest state refiner, had made a yuan payment for Russian crude in the past, although the government has since clamped down on that

IAF to equip Russian-origin Su-30MKIs with indigenous 'Virupaaksha' radar

Virupaaksha is one of the names of god Mahadev worshipped by Hindus living across the world

Amid declining Indian imports, shipments from Russia, Hong Kong see growth

In the realm of exports, India saw diverging trends among its top 10 markets

Russia surpasses UAE as India's top naphtha supplier amid discounts

The LSEG showed India imported about 670,000 tonnes of naphtha from the UAE in January to September, down from around 726,000 tonnes in the same period last year

Indian Air Force to procure weapons worth Rs 2.5-3 trn in next 7-8 years

Chaudhari said the IAF was constantly monitoring the situation along the Line of Actual Control (LAC), especially in eastern Ladakh

India participates in 5th Moscow Format Consultation meeting on Afghanistan

Taliban-appointed acting minister for Foreign Affairs in Afghanistan, representatives of Saudi Arabia, Qatar, United Arab Emirates and Turkey also attended the meeting

India-Russia relations "very, very steady", says EAM S Jaishankar

India-Russia relations have held very, very steady and we take great care to make sure that the relationship is working, External Affairs Minister S Jaishankar has said. During a conversation at the Council on Foreign Relations here on Tuesday, Jaishankar said that Russia's relationship with Europe and the West has been so severely disrupted in the wake of the February 2022 Ukraine war that Moscow is actually turning to Asia and other parts of the world. The India-Russia relationship has actually held very, very steady, he said, adding that there has been the Soviet period and post-Soviet period. Part of it is that I think there is an understanding in both countries that as big powers in the Asian continent, there is a kind of structural basis for having to get along, wanting to get along. And so we take great care to make sure the relationship is working, Jaishankar said hours after addressing the 78th UN General Assembly session. Jaishankar said that Russia has historically seen

India-Russia Chennai-Vladivostok Eastern Maritime Corridor talks gain pace

Both countries seek Swift operationalisation of trade route

India-Middle East-Europe Economic Corridor will benefit Russia: Putin

Russian President Vladimir Putin on Tuesday said he sees nothing in the India-Middle East-Europe Economic Corridor (IMEC) that can hinder Russia

Balancing the redlines: How G20 New Delhi Leaders' Declaration came about

The G7 grouping led by the US wanted stronger condemnation of Russia for its aggression against Ukraine

Oil goes past $90 a barrel after Saudi Arabia, Russia prolong cuts

The dual announcements from Riyadh and Moscow pushed benchmark Brent crude above $90 a barrel in trading

G20 Summit: Russia aims to become 'reliable' supplier of energy resources

Russia will seek to confirm its status as a "reliable and guaranteed supplier" of energy resources and export products to the world at the G20 Summit, the foreign ministry here has said as it confirmed the attendance of foreign minister Sergey Lavrov in New Delhi for the key meeting. Lavrov will attend the meeting instead of President Vladimir Putin, the ministry said, indicating that the Russian foreign minister could also discuss the issue of the grain deal during his bilateral meetings on the sidelines of the G20 summit to be held on September 9 and 10. Since Russia's invasion of Ukraine in February last year, the US-led Western countries have imposed crippling sanctions on Moscow, including a price cap on Russian oil by G7-plus nations, in order to reduce its ability to finance the war on Ukraine. The West has also criticised Russia for violating the Black Sea grain deal with Kyiv which would prevent crucial grain exports from Ukraine from reaching the world markets. At the G20

India's Russian crude imports decline sharply in Aug to lowest in 7 months

Shipments of Russian oil to India dropped to 1.6 million barrels per day (bpd) in August from 2.1 million bpd in July, the steepest month-on-month drop

Prigozhin's death removes one problem, may create new ones for Putin

The United States is looking at a number of theories over what brought down the plane, including a surface-to-air missile hitting it, U.S. officials told Reuters

EAM Jaishankar, Lavrov exchange views on bilateral, international issues

External Affairs Minister (EAM) S Jaishankar, his Russian counterpart Sergey Lavrov on Wednesday exchanged views on bilateral, international issues.The two ministers met during the BRICS summit in Johannesburg, South Africa.The two exchanged views on a wide range of bilateral and international issues, interaction within the UN, G20 and BRICS, as well as discussed practical steps to further develop trade and economic cooperation, logistics and financial interaction, as per the Russian Foreign Ministry.EAM Jaishankar on Wednesday tweeted: "Pleased to meet FM Sergey Lavrov of Russia on the sidelines of the BRICS summit. A useful discussion on recent global developments."Lavrov congratulated Jaishankar on the successful landing of Chandrayaan-3 on the Moon. The Foreign Ministers agreed to remain in contact.Meanwhile, Russian President Vladimir Putin on Wednesday told a summit of the BRICS grouping that Moscow wants to put an end to the "war unleashed by the West".He said, "The desire of a

India mulls wheat imports from Russia at discount to calm prices: Reports

The imports would allow New Delhi to intervene more effectively in the market to drive down wheat prices that stoked inflation to a 15-month high in July

India's imports from Russia doubled to $20.45 bn in April-July period

India's imports from Russia doubled to USD 20.45 billion during the April-July period of this fiscal due to increasing inbound shipments of crude oil and fertiliser from that country, according to the commerce ministry data. With this, Russia has become India's second largest import source during the first four months of this fiscal. The imports were USD 10.42 billion during April-July 2022. From a market share of less than 1 per cent in India's import basket before the start of the Russia-Ukraine conflict, Russia's share of India's oil imports rose to over 40 per cent. India, the world's third-largest crude importer after China and the United States, has been buying Russian oil that was available at a discount after some in the West shunned it as a means of punishing Moscow for the invasion of Ukraine. The ministry's data showed that imports from China dipped to USD 32.7 billion during the April-July period as against USD 34.55 billion in the same period last year. Similarly, im

World leaders underline privileged, strategic partnership with India @77

Russian President Vladimir Putin, his French counterpart Emmanuel Macron, Australian Prime Minister Anthony Albanese and the US Secretary of State Antony Blinken underlined their "special", "privileged" and "strategic" partnership with New Delhi as they wished India on its 77th Independence Day on Tuesday. In a message of greetings to President Droupadi Murmu and Prime Minister Narendra Modi on the occasion of Independence Day, President Putin said he is confident that the two nations will continue to boost fruitful bilateral cooperation in all areas through joint efforts, as well as constructive partnership in resolving pressing issues on the regional and global agenda. We attach great importance to our relations of special and privileged strategic partnership with New Delhi," he said. Putin emphasised that the achievements that India has made in the economic, scientific, technological and social fields are universally recognised. "India enjoys well-deserved authority on the ...

Russia intercepts drones heading for Moscow; no casualties, damage reported

Russian air defence systems on Thursday shot down two drones heading toward Moscow for the second straight day, officials said, with the attack disrupting flights at two international airports as Ukraine appeared to step up its assault on Russian soil. One drone was downed in the Kaluga region southwest of Moscow and another near a major Moscow ring road, according to Moscow Mayor Sergey Sobyanin and the Russian Defence Ministry, which blamed the attack on Ukraine. No casualties or damage were immediately reported. Domodedovo airport, south of the city, halted flights for more than two hours and Vnukovo airport, southwest of the city, stopped flights for more than two and a half hours and redirected some incoming aircraft to other airports, according to Russian news agencies. It wasn't clear where the drones were launched, and Ukrainian officials made no immediate comment. Ukraine usually neither confirms nor denies such attacks. Firing drones at Moscow after more than 17 months o

India faces complex payment situation as Russian oil tops $60/barrel cap

India used to pay in dollars, however, this is no longer possible as the price exceeds G7 nations' fixed cap, and Russia is not keen on accepting the Indian rupee