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The sources said they understand that the new US sanctions would target more than 180 tankers shipping Russian oil and Russia-based maritime insurance service providers Ingosstrakh Insurance Company
After successfully exporting trial shipments of fresh bananas to countries like the Netherlands through sea route, India is now targeting to increase exports of the fruit to Russia, an official said on Monday. India has set a target of USD 1 billion banana exports in the coming years. At present, exports of most of the fruits, including banana, from India are happening by air route because of lower volumes and different ripening periods. To increase vo?lumes, India is developing sea protocols for fresh fruits and vegetables like bananas, mangoes, pomegranates, and jackfruit to promote their exports through ocean routes. The Agricultural and Processed Food Products Export Development Authority (APEDA), along with other stakeholders, has developed these protocols for bananas. APEDA is an arm of the commerce ministry. "We are targeting Russia to increase banana exports. We are going to participate in buyer-seller meets in Russia," APEDA Chairman Abhishek Dev said. He said India expor
Russian President Vladimir Putin on Friday described former prime minister Manmohan Singh as an outstanding statesman and recalled his contribution in elevating India-Russia ties to a 'special and privileged strategic' partnership. In a condolence message, Putin said Singh accomplished a lot in promoting India's economic development and asserting its interests on the world stage. The strategic partnership between India and Russia was elevated to the level of 'special and privileged strategic partnership during the visit of the Russian president to India in December 2010. Singh, who served as the prime minister from 2004 to 2014 and widely known as the architect of India's economic reforms, died on Thursday night. He was 92. "As prime minister and when serving in other high-ranking positions, he accomplished a lot in promoting India's economic development and asserting its interests on the world stage," Putin said. "He also made a major personal contribution to strengthening friend
Kanhaiya Yadav, a resident of Bankata village here, left for Russia in January to work as a cook. Almost a year later, he returned home in a casket. Soon after arriving there, Yadav, 41, was enlisted in the Russian army and sent to the front lines of the Russia-Ukraine war where he was injured. Days after fighting for his life in a hospital, Yadav died on June 17, according to his family. His mortal remains were finally brought home on Monday. Yadav left for St. Peter's Square, Russia on January 16 after securing a work visa through an agent. He underwent training as a cook and was subsequently enlisted in the Russian army, said his wife Geeta. "On May 9, Yadav informed us that he was injured in the fighting. He was in touch with us till May 25, but there was no communication after that," she said. On December 6, the Indian embassy in Moscow informed the family that Yadav died on June 17 while undergoing treatment at a hospital, she added. Yadav's body was brought back on ...
Oil executives from three of the nation's government-owned processors said they haven't been able to obtain enough Russian crude for January loading in the so-called spot market
The forum also focused on increasing bilateral trade and fostering cultural exchanges
Falling crude prices, shrinking global demand growth, and Rosneft's focus on India, make the timing right
India's import of Russian crude oil dropped in November to its lowest level since June 2022 but the Kremlin continues to be the biggest source of oil for India, according to a monthly tracker report of a European think tank. India became the second biggest buyer of Russian crude oil since Moscow invaded Ukraine in February 2022, with purchases rising from less than one per cent of the total oil imported to almost 40 per cent of the country's total oil purchases. The rise was primarily because the Russian crude oil was available at a discount to other internationally traded oil due to the price cap and the European nations shunning purchases from Moscow. "India's imports of Russian crude oil dropped by a massive 55 per cent in November - the lowest figure since June 2022," the Centre for Research on Energy and Clean Air (CREA) said its latest report. Russia remained India's top oil supplier, followed by Iraq and Saudi Arabia. "China has bought 47 per cent of Russia's crude exports,
The 10-year agreement amounts to 0.5 per cent of global supply and is worth roughly $13 billion a year at today's prices
Defence Minister Rajnath Singh met Russian President Vladimir Putin in Moscow on Tuesday and the two leaders noted that the India-Russia partnership holds immense potential and combined efforts will pave the way for "remarkable outcomes". According to the defence ministry, Singh, in the meeting, said, "Friendship between our countries is higher than the highest mountain and deeper than the deepest ocean." The defence minister conveyed to Putin that India has always stood by its Russian friends and will continue to do so in future. Singh also conveyed warm greetings of Prime Minister Narendra Modi to President Putin. "Rajnath Singh discussed various issues of bilateral defence cooperation," the defence ministry said in a statement. "Both leaders expressed that partnership between both countries holds immense potential and combined efforts will pave the way for remarkable outcomes," it said. Singh called on Putin after co-chairing the 21st session of the India-Russia Inter-Governme
The European Union has provided India with inputs on the alleged involvement of certain Indian entities in supplying "high priority" goods with possible military application to Russia in violation of Western sanctions, people familiar with the development said. EU Sanctions Envoy David O Sullivan said he visited India in October to discuss with Indian authorities "systemic solutions" to stop the "illicit flow" of the common high priority items to Russia. There was no immediate comment from the Indian side on the matter. India has been maintaining that as a matter of policy, it only recognises UN sanctions. "I travelled to India in October 2024 for the second time to discuss with Indian authorities systemic solutions to stop the illicit flow of common high priority items to Russia," Sullivan said in response to a query. It is learnt that he provided certain details to the Indian authorities about the Indian firms allegedly supplying products to Russia circumventing the sanctions ...
Russia has diplomatically shielded its ally Assad during the war, casting more than a dozen vetoes at the Security Council, on many occasions backed by China
President Volodymyr Zelenskyy highlighted that Ukraine's focus should be on reducing Russia's military capabilities and preserving lives
The ships construction was closely monitored by an Indian team of specialists from the Warship Overseeing Team stationed at Kaliningrad, under the aegis of the Indian Embassy in Moscow
Defence Minister Rajnath Singh is on an official visit to Russia, where he will be the chief guest for the commissioning of the Indian Navy's INS Tushil stealth frigate on Monday
Defence Minister Rajnath Singh arrived in Moscow on an official visit during which he will witness the commissioning of a stealth warship into the Indian Navy and attend the 21st meeting of India-Russia Inter-Governmental Commission on Military & Military Technical Cooperation.Singh received a warm welcome on late Sunday night by Indian Ambassador to Russia, Venkatesh Kumar, and Russian Deputy Minister of Defence, Alexander Fomin.During his visit, Singh will also pay tributes at 'The Tomb of the Unknown Soldier' in Moscow to honour the Soviet soldiers killed during the Second World War. He will also interact with the members of the Indian community, a release said.During his visit, Singh is set to hold crucial discussions with Russian President Vladimir Putin and co-chair the India-Russia Inter-Governmental Commission on Military-Technical Cooperation (IRIGC M & MTC) alongside Russian Defence Minister Andrei Belousov.Sharing a post on X, the Embassy of India in Russia wrote,
The 3-day visit also involves handing over of Russian-built Krivak-III-class frigate to India and Rajnath Singh's deliberations with Russian counterpart Andrey Belousov on a range of issues
Defence Minister Rajnath Singh is scheduled to visit the Russian Federation from December 8-10.During the visit, Rajnath Singh and the Defence Minister of Russia Andrey Belousov will co-chair the 21st meeting of the India-Russia Inter-Governmental Commission on Military and Military Technical Cooperation (IRIGC-M & MTC) in Moscow on December 10, a Defence Ministry release said.The two leaders will review the entire range of multi-faceted relations between the two countries in the field of defence, including military-to-military and industrial cooperation. They will also exchange views on contemporary regional and global issues of mutual interest.As part of the visit, Union Defence Minister Rajnath Singh will also commission the Indian Navy's latest multi-role stealth-guided missile frigate 'INS Tushil' at Yantra Shipyard, Kaliningrad on December 09, 2024. Chief of the Naval Staff Admiral Dinesh K Tripathi will accompany Rajnath Singh for the commissioning ceremony, the release ...
Russian President Vladimir Putin expresses Russia's readiness to establish manufacturing operations in India, describing investments in the country as profitable
Rosneft gained access to India's fuel retail market when it completed a $12.9 billion deal to acquire Indian private refiner Essar Oil in 2017