Page 8 - India Russia

What to know about India's rising oil imports from Russia amid US tariffs

President Trump accused India of aiding Moscow's war on Ukraine by purchasing Russian energy, derailing trade talks between India and the United States

Trump's 50% tariffs take effect today: Which sectors are in firing line?

The Donald Trump-led US administration links the 50% duty to India's Russian oil imports; sectors from textiles to seafood brace for impact

Oil prices dip after hitting three-week high on Russian supply concerns

Oil's rally on Monday was primarily driven by supply risks after Ukraine strikes on Russian energy infrastructure and the possibility of further US sanctions on Russian oil

Trump administration issues notice to India as 50% tariff deadline nears

The Trump administration has issued a 50% tariff notice to India over Russian oil imports, tying it to a broader diplomatic push for ending the war in Ukraine

Can Russia-India-China overcome history to form a credible alliance?

The gathering of three nations in Tianjin will offer the opportunity for the optics of warmer ties, but it will be more symbolism than substance

India will buy oil where it gets 'best deal': Indian envoy to Russia

Indian companies will continue buying oil from wherever they get the "best deal", India's envoy to Russia Vinay Kumar has said, asserting that New Delhi will continue taking measures which protect its "national interest". In an interview with Russia's state-run TASS news agency published Sunday, Kumar said that New Delhi's priority is ensuring energy security of the country's 1.4 billion people. His remarks come amid US criticism of India's purchase of discounted Russian crude, a criticism which India has strongly rejected. Stressing that trade takes place on a "commercial basis", Kumar said, "Indian companies will continue buying from wherever they get the best deal. So that's what the current situation is." "...We have clearly stated that our objective is energy security of 1.4 billion people of India and India's cooperation with Russia, as of several other countries, has helped to bring about stability in the oil market, global oil market," the report quoted him as saying. His

Secondary tariffs on India 'economic leverage' to end Russia war: Vance

Vice President J D Vance on Sunday said President Donald Trump has applied aggressive economic leverage such as secondary tariffs on India to force Russia to stop bombing Ukraine. Vance was speaking during an exclusive interview on NBC News' Meet the Press when he also said the step would make it harder for the Russians to get rich from their oil economy. The Trump administration has been highly critical of India for its procurement of discounted crude oil from Russia. Interestingly, Washington has not been criticising China, the largest importer of Russian crude oil. India has been maintaining that its energy procurement, including from Russia, is driven by national interest and market dynamics. Vance remained confident the US can broker an end to the war between Russia and Ukraine despite potential hang-ups that have emerged since President Trump's meeting this month with Russian President Vladimir Putin, NBC News said. We believe we've already seen some significant concessions

Nikki Haley urges India to take Trump's view on Russian oil seriously

India should take President Donald Trump's concerns over its procurement of Russian crude oil seriously and work with the White House to find a solution to the issue, Republican leader Nikki Haley has said. The Trump administration has been severely critical of India for its procurement of discounted crude oil from Russia. Interestingly, Washington has not been criticising China, the largest importer of Russian crude oil. Defending its purchase of Russian crude oil, India has been maintaining that its energy procurement is driven by national interest and market dynamics. Haley, the Indian-origin Republican leader, on Saturday posted on 'X' a portion of an opinion piece she wrote in the Newsweek four days back. The former South Carolina governor's social media post urging New Delhi to take President Trump's concerns over the Russian crude oil seriously came after she faced criticism within her party following the opinion piece. In the article, Haley argued that India must be treate

Jaishankar slams US tariffs, says India will protect farmers' interests

External Affairs Minister S Jaishankar criticised US tariffs on Indian goods, saying India will protect the interests of farmers and small producers while maintaining its national priorities

Refining profit sharing scheme: Navarro slams India over Russia oil buying

The fresh salvo is the latest from the trade hawk and comes after India has signalled it'll keep buying Russian oil, a step

Road to Russia-Ukraine peace goes through Delhi: US Trade Adviser Navarro

White House trade adviser Navarro also said that New Delhi is acting as a "laundromat for the Kremlin" by purchasing discounted Russian crude oil, refining it, and selling the products

Russia's Indian Ocean presence not significant, limited to exercises: MEA

MEA says US has significant presence in Indian Ocean via CMF, however Russia's role limited to joint exercises with partners

Jaishankar meets Putin, discusses ways to strengthen India-Russia ties

The meeting comes hours after Jaishankar held talks with Russian Foreign Minister Sergey Lavrov, which aimed at expanding trade relations between the two nations

India-Russia ties steadiest after World War II, says S Jaishankar

Jaishankar also underlined the importance of sustaining energy cooperation between the two nations through trade and investments

India, Russia seek to increase trade to $100 billion as US ties fray

Indian External Affairs Minister Subrahmanyam Jaishankar said Wednesday during a visit to Moscow that the two countries must remove trade bottlenecks and reduce non-tariff barriers

Russia keen to join Sudarshan Chakra project: Charge d'affaires Babushkin

Russia has a "special mechanism" to confront any challenge arising out of the US slapping punitive measures against India for its procurement of Russian crude oil, Russian charge d'affaires Roman Babushkin said on Wednesday. The relations between New Delhi and Washington are on a downturn after US President Donald Trump doubled tariffs on Indian goods to a whopping 50 per cent including a 25 per cent additional duties for India's purchase of Russian crude oil. At a media briefing, Babushkin projected the rapid upswing in his country's ties with New Delhi in several critical areas and said Russia has been a "partner of choice" for India's requirement of various military platforms and hardware. The senior Russian diplomat said Russia is expected to be part of New Delhi's plans to create a new air defence system called Sudarshan Chakra, which was unveiled by Prime Minister Narendra Modi during his Independence Day speech. "We proceed from the understanding that when it comes to the ..

Doing more and differently must be mantra of India-Russia ties: Jaishankar

India and Russia should come out with a creative and innovative approach to confront complex geopolitical challenges, External Affairs Minister S Jaishankar said on Wednesday amid increasing strains in New Delhi's ties with Washington over its purchase of Russian crude oil. Jaishankar made the remarks at a meeting with Russia's First Deputy Prime Minister Denis Manturov in Moscow. In his televised opening remarks, the external affairs minister said India and Russia should continuously diversify and expand their "agenda" of cooperation including by diversifying the bilateral trade basket and through more joint ventures. "Doing more and doing differently should be our mantras," he said. The comments came against the backdrop of a downturn in relations between India and the US after President Donald Trump doubled tariffs on Indian goods to a whopping 50 per cent including a 25 per cent additional duties for India's purchase of Russian crude oil. The external affairs minister arrived

Amid US tariffs, EAM urges Russian firms to deepen engagement with India

Jaishankar highlighted India and Russia's steady ties, urging more strenuous efforts to diversify and balance trade between the two nations

Russian crude oil continues to flow to India: First Deputy PM Manturo

Russian oil and energy resources continue to flow to India as Moscow sees potential for LNG exports, Russia's First Deputy Prime Minister Denis Manturo said on Wednesday. "We continue to ship fuel, including crude oil and oil products, thermal and coking coal. We see potential for exporting Russian LNG," Manturov said, co-chairing the 26th session of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific-Technological and Cultural Cooperation (IRIGC-TEC). From the Indian side, the commission was co-chaired by External Affairs Minister S Jaishankar, who arrived here on Tuesday on a three-day visit. "We expect to expand comprehensive cooperation in the peaceful nuclear sector, including on the basis of the successful experience of the Kudankulam NPP construction project," the Russian leader said. Manturov noted that trade between Russia and India in national currencies has exceeded 90 per cent. "An equally important task, especially in the current realities, i

Oil prices climb after US adviser warns India over Russian crude imports

White House trade adviser Peter Navarro's comments around India's purchases of Russian crude funding Moscow's war in Ukraine revived concerns about supply flows