RUSSIA INDIA CRUDE SUPPLY
S Jaishankar reasserts defence cooperation with Russia: 'West preferred to supply Pakistan, not India'
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 G...
Brent crude crosses $90-mark for the first time in 2023 as Saudi, Russia extend production cut
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 the ent...
US on India buying Russian crude oil: 'Every sovereign nation has to make these decisions for themselves'
The White House official John Kirby, on Wednesday, said that every sovereign country, including India, has the right to buy oil or lubricants from any country.US on India buying Russian crude oil: 'Every sovereign nation has to make these decisi...
India might cut 40% import tax on wheat to boost supply
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 received from Russia to import wheat. India mi...
'In our national interest…': EAM Jaishankar explains India-Russia ties
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 favour. "Don't think we've faced...
FM Sitharaman on Russian crude oil imports: Respect PM Modi's courage for raising it by 10%
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 Minister said ...
Russia-Ukraine conflict: India mulls Russia's offer as EU not banned crude
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 Ukraine.Russia-Ukraine conflict:
EAM Jaishankar defends India's crude oil imports from Russia, says can't afford higher energy prices, duty to ensure best deal
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
Watch: How much does Russia crude at $35-discount for India actually cost?
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 $35-discount for India act
India imports 85% of its crude oil: Sources
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
S-400 missile system supply to India will not be impacted due to sanctions: Russian Envoy
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 foresee any o
Agri commodities are supercharged. Can India ride the boom?
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, but can it? What are the opportunities for
India always exploring possibilities in global energy markets: MEA on buying crude oil from Russia
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 all p
India only country to have helped, talks on with Russia for fuel supply: Sri Lankan Minister
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 help us,
Focus on supply of more medicines to Ukraine: EAM S Jaishankar in US
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 different countries doing, we spoke
Russia-Ukraine crisis: How India may help fill the global supply chain gap
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, amidst the negative clamour
Russia ready to supply goods that India wants to buy: Russian FM Sergey Lavrov
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 relationship. “We will be
'India’s troubles will further deepen, if Russia-Ukraine war continues': Rajnath Singh on crude oil prices
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 ca
Russia sends medical supplies to tackle COVID crisis; India-Russia to establish a '2+2 dialogue'
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 to the
3 million doses of Sputnik V vaccine will be supplied to india by May-end: Indian Ambassador to Russia
D Bala Venkatesh Varma, Indian Ambassador to Russia in St Petersburg on May 22 said that 3 million doses of Sputnik will be supplied to India in bulk by May end. Indian Envoy to Russia said, “For Sputnik, 150,000 doses plus 60,000 doses supplied to
India-China buyers club: How two biggest importers are manoeuvring to cut OPEC to size
The old power structure of world oil markets could be on the verge of a potentially far-reaching shift. India and China, the two biggest importers of crude oil, have neared a deal to set up a buyers' bloc that may tilt bargaining power in importers' favour. Ankit
Oil falls on China economic woes, rising OPEC supply
Oil prices fell for a second session in Asian trade as worries about top energy consumer China and rising oil supply weighed on markets, although possible talks between OPEC and Russia on output cuts offered some support.Oil falls on China economic woes, rising OPEC supply
'Market is neither bad nor good'
Kenichi Ayukawa, MD of Maruti Suzuki spoke on the company's outlook for FY16. He asserted that there are lot of possibility to supply to global market our product and component. Check out the video to know more on that.'Market is neither bad nor good'
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