RUSSIA INDIA CRUDE SUPPLY

New Delhi: India’s External Affairs Minister attended the Munich Security Conference from Feb 16-18 in Germany. During his visit, in a straight talk, EAM Jaishankar defended India’s ‘long’ standing ties with Russia. In an interview with a leading Ge...

Oil traded near nine-month highs as investors digested a decision by OPEC+ leaders Saudi Arabia and Russia to extend supply curbs through the end of the year. The strategy from Riyadh and Moscow aims to drain inventories further and was felt across ...

India's Food Secretary Sanjeev Chopra on Friday said that the nation is considering to cut or abolish import tax on wheat. He said that the government is committed to control inflation in India. The official further stated that no proposal has been ...

Answering questions on India's plan to acquire military hardware from Russia following the sanctions imposed on the vast country by numerous nations, External Affairs Minister S Jaishankar said that India would continue to make choices in national f...

Speaking at a function, Finance Minister Nirmala Sitharaman said that it was due to the "statesmanship of Prime Minister Narendra Modi" that, while keeping up the relations with all countries, India managed to get the Russian crude. The Finance Mini...

India is considering taking up a Russian offer to buy its crude oil and other commodities at discounted prices with payment via a rupee-rouble transaction, two Indian officials said, amid tough Western sanctions on Russia over its invasion of Ukrain...

External Affairs Minister S Jaishankar who is in Thailand to attend the 9th India-Thailand Joint Commission Meeting defended India's crude oil imports from Russia by terming it the "best deal" for the country. Addressing the Indian community in Bang...

Russia has offered to sell crude to India at $35-discount to pre-war pricing levels. What does it mean for India which is a major oil importer and how it will impact our finances? Soumeet Sarkar gives the details.Watch: How much does Russia crude at...

Sources suggest that India is highly dependent on imports for meeting its energy requirements. Nearly 85% of our crude oil requirement (5 million barrels a day) has to be imported. Srinjoy with the details.India imports 85% of its crude oil: Sources

Amid Ukraine crisis, Russian Ambassador to India Denis Alipov on March 02, while addressing a press conference said despite the sanctions imposed on Russia by western countries, supply of S-400 defence systems to India will not be affected. “Don't f...

The impact of Russia’s invasion of Ukraine reverberated across the world with everything from food to metal to oil soaring to unprecedented levels. As the world looks for stable food supplies, India is in a unique position to benefit from the boom, ...

India always exploring possibilities in global energy markets, said Ministry of External Affairs Spokesperson Arindam Bagchi on March 17 on buying crude oil from Russia. “India does import most of its oil requirements. So, we are always exploring al...

The economic crisis has spiralled in Sri Lanka. The nation is in talks with other nations for help. Nation’s Power and Energy Minister Kanchana Wijesekera said, “We have made requests (for fuel) to different countries. So, any country that comes to ...

External Affairs Minister of India Dr S Jaishankar on April 13 said that right now the focus is more on supply of medicines to Ukraine. While addressing a Press Conference in Washington DC, he said, “Humanitarian situation (in Ukraine) - what are di...

A report by State Bank of India (SBI) economists showed that the ongoing conflict between Russia and Ukraine might impact certain high-frequency indicators like financial markets, exchange rate and crude prices in the short term for India. However, ...

Russian Foreign Minister Sergey Lavrov, while addressing the Press Conference on April 01 in Delhi, said that Russia is ready to supply any goods to India that it wants to buy from us and is even ready to discuss as the country shares a very good re...

Union Defence Minister Rajnath Singh on March 04 while addressing a public rally in Chandauli, said that India’s trouble will further deepen if the war between Russia and Ukraine continues. “If war between Russia and Ukraine continues, it'll cause m...

PM Modi on Wednesday thanked President Vladimir Putin for Russia's help and support in India's fight against COVID-19 as the two leaders agreed to establish a "2+2 ministerial dialogue" between foreign and defence ministers to add further momentum t...