US President Donald Trump said the US may not add extra tariffs on India for buying Russian oil, leaving room for change of plans after India faced 50 per cent tariffs
This pause in tariffs could offer India a short-term relief on crude prices and import costs despite higher duties
The visits signal renewed India-China-Russia dialogue amid rising US trade tensions; Modi, Xi, and Putin set to meet at SCO Summit in Tianjin
The country needs energy and Trump knew that when he announced a 25 per cent tariff on much of India's exports for sourcing discounted oil from Russia, which is India's oldest ally
National Security Advisor Ajit Doval held talks with Russia's First Deputy Prime Minister Denis Manturov here on bilateral military-technical ties and implementation of joint projects in strategic sectors. Doval is in Russia to hold crucial talks on bilateral energy and defence ties and to prepare the ground for President Putin's visit to India later this year. Doval and Manturov met on Friday, according to the Russian Embassy in India. The talks covered "topical issues of #RussiaIndia military-technical cooperation, as well as the implementation of joint projects in other strategic sectors, including civil aircraft manufacturing, metallurgy, and the chemical industry," the embassy said in an X post. On Thursday, Doval called on Russian President Vladimir Putin at the Kremlin to discuss bilateral cooperation between the two countries. During the meeting, he reiterated New Delhi's commitment to continue cooperation on all fronts with Russia in spite of outside pressure. The NSA's
Putin briefed PM Modi on Ukraine during their call, and both leaders reaffirmed their commitment to strengthening the India-Russia Special and Privileged Strategic Partnership
Modi and Putin reaffirm defence and trade cooperation; talks follow Ajit Doval's Moscow visit and rising global trade tensions involving the US, India, and Brazil
President Donald Trump announced higher tariffs on imports from India because of its purchases of Russian oil
India's oil trade with Russia faces its toughest test yet with spiking procurement costs, tightening sanctions, disappearing discounts and the looming threat of Trump's tariffs
'Unfair, unjustified, unreasonable', says MEA; new rates from August 28
US President Donald Trump has criticised India's Russian oil purchases, arguing they help fund Moscow's war in Ukraine
India and Russia are exploring opportunities in rare earth and critical minerals extraction, underground coal gasification, and creation of modern industrial infrastructure, an official statement said on Wednesday. The issue came up for discussions during the India-Russia Working Group on Modernization and Industrial Cooperation meeting, which was held here under the framework of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation. Critical minerals such as copper, lithium, nickel, cobalt and rare earth are essential raw materials required to fuel the growth of rapidly-growing clean energy technologies and their expanding uses ranging from wind turbines and electricity networks to electric vehicles and battery manufacturing. The commerce and industry ministry said the key focus areas included cooperation in aerospace science and technology, including the establishment of a modernized wind tunnel facility, production of
US President Donald Trump has imposed an additional 25% tariff on Indian goods, citing India's continued import of Russian oil, effective August 27
India's growing reliance on discounted Russian crude has reshaped its import basket, pushing out traditional West Asian suppliers and raising questions about how easily the country could pivot
Russia reaffirms defence ties with India, backs sovereign right to choose trade partners; statement comes after Trump's accusations of India's crude oil purchases funding Russia's conflict with Ukrain
Trump's statement comes after India said that the US continues to import uranium hexafluoride from Russia for its nuclear industry, fertilisers, as well as chemicals
Trump's change in stance comes hours after he suggested imposing increased tariffs on additional countries buying energy from Russia, including China
MEA defends India's oil purchase policy as US President Donald Trump accuses India of 'financing' Russia's war, escalates tariff threats and stalls trade talks
Jaishankar's remarks come amid rising global tensions, with Trump imposing tariffs on India and criticising its oil trade with Russia
As pressure mounts from the Trump administration, a top White House official has accused India of “financing” the Ukraine war through its continued oil imports from Russia. How's India navigating?