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New Delhi (PTI): India and Russia on Friday firmed up a five-year plan to bolster economic and trade partnership in the face of Washington's punitive tariff and sanctions regime even as Prime Minister Narendra Modi conveyed to President Vladimir Putin that the war in Ukraine must be brought to an end through dialogue. Following their summit talks, Modi and Putin unitedly demonstrated their keenness to impart a fresh momentum to the trajectory of the over eight-decades-old partnership between th ...Read More >
New Delhi- YouTube has secretly deleted more than 700 videos documenting Israeli violations in Gaza and the West Bank after removing the accounts of three major Palestinian human rights organizations, a move widely condemned as an assault on free expression and accountability. The accounts belonged to three prominent Palestinian human rights groups: Al-Haq, Al Mezan Center for Human Rights and the Palestinian Centre for Human Rights. The deleted content included a documentary featuring mothers ...Read More >
New Delhi: India's energy security could face serious disruption as US President Donald Trump's administration moves to widen secondary sanctions targeting major Russian oil companies, former Foreign Secretary Shyam Saran has warned. He said Washington's latest pressure directly affects India's biggest importers, including Reliance Industries, which remain tied to the US financial system. In an interview with The Wire, he said Trump's geopolitical priorities have shifted away from the earlier I ...Read More >
India's state-owned Hindustan Aeronautics Ltd (HAL) has signed a memorandum of understanding with Russia's United Aircraft Corporation (UAC) to co-produce civil commuter aircraft a landmark step toward manufacturing India's first passenger jet. The deal, signed in Moscow, focuses on producing the SJ-100 twin-engine, 100-seater aircraft for India's domestic market. HAL and UAC already share a long-standing defense partnership, having collaborated on India's Sukhoi Su-30MKI fighter jets. Why It ...Read More >
NEW DELHI: India's state-owned aeronautics firm has signed a deal with a Russian aircraft manufacturer currently under United States and European sanctions. Hindustan Aeronautics Limited announced the agreement with United Aircraft Corporation to manufacture civil passenger aircraft in India for the first time. Defence Minister Rajnath Singh hailed this development as a landmark step for the Indian civil aviation sector. He stated the partnership would create jobs and boost national self-reli ...Read More >
The Indian Rupee weakened against the US Dollar today. Month-end import demand and higher global crude oil prices are impacting the currency. Investors are awaiting the Federal Reserve's policy decision for further direction. Meanwhile, Indian equity markets showed gains in early trade. Crude oil imports from the United States have seen a significant increase. The rupee depreciated 21 paise to 88.40 against the US dollar in early trade on Tuesday, weighed down by month-end dollar demand from im ...Read More >
India faces a dilemma: Should it continue buying Russian oil one way or another, or cease its imports altogether? For sure, the US has no right to dictate how two sovereign nations conduct their bilateral trade. While Russian companies have been sanctioned by the US, Moscow has no intention of stopping its oil exports. It is for the importing countries, such as India and China, to decide whether they are willing to risk potential secondary sanctions from the US for doing business with the sancti ...Read More >
Indian Oil Corporation (IOC), India's biggest oil company, said on Monday that it will comply with all applicable sanctions regarding purchases from Russia. "We will abide by all sanctions imposed by the international community," said IOC Chairman Arvinder Singh Sahney. He, however, refused to comment on the IOC's purchases of Russian oil. Data shows that Russian oil made up 21% of the crude oil IOC imported during April-September. Indian refiners are likely to cut down or pause the import of ...Read More >
United States Secretary of State Marco Rubio met with India's Foreign Minister Subrahmanyam Jaishankar in Malaysia on Monday, as the two countries push trade talks and ease tensions over Washington's punishing tariffs. Few details were released, but Rubio's meeting with Jaishankar is the highest-level contact since the US imposed sanctions last week on Russian oil companies, a key source of India's crude supplies. Jaishankar posted a photograph on social media showing him smiling and shaking h ...Read More >
(RTTNews) - Indian shares are likely to open higher on Monday as global trade tensions eased, and soft U.S. inflation data fueled rate cut hopes. U.S. Treasury Secretary Scott Bessent said President Trump's threat of 100 percent tariffs on Chinese goods "is effectively off the table" and that he expects the Asian nation to make "substantial" soybean purchases as well as offer a deferral on sweeping rare earth controls. After two days of talks in Malaysia, a Chinese official said the two sides ...Read More >
In return, India may reduce imports of Russian oil and open its market to non-genetically modified American corn and soymeal products. The U.S. and India are close to a possible trade deal that would reduce tariffs on Indian exports to about 15% to 16% from the current 50%, according to the Mint. In return, India may reduce imports of Russian oil and open its market to non-genetically modified American corn and soymeal products. The bilateral trade agreement could be announced when President D ...Read More >
Indian rupee (left) and US dollar currency notes are held by a foreign exchange employee. File/AFP India will not accept limits on its trading choices or rush to sign agreements, Trade Minister Piyush Goyal said on Friday, even as a senior government official said a bilateral trade deal with Washington was "very near." "India will not sign any trade deal in a hurry," Goyal said during a speech at the Berlin Global Dialogue, referring to European Union and the US concerns over India's continued ...Read More >
Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Saturday, with ten grams of the precious metal trading at ₹1,24,360, according to the GoodReturns website. The price of silver stumbled ₹100, with one kilogram of the precious metal selling at ₹1,54,900. The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,13,990. The price of ten grams of 24-carat gold stood at ₹1,24,360 in Mumbai, Kolkata, and Chennai. In Delhi, the ...Read More >
Mumbai, Oct 25 (SocialNews.XYZ) The holiday-truncated week saw festive-driven optimism and upbeat consumer sentiment as it welcomed the Samvat 2082. However, the momentum gradually lost its steam, as geopolitical tensions and profit-taking weighed on investors' confidence. Record festive sales underscored India's surge in consumer demand this season, powered by resilient household spending and GST-driven affordability. PSU banking stocks led the rally, buoyed by news of potential consolidation ...Read More >
NEW DELHI -- Indian oil refiners can shift away from Russian crude after United States President Donald Trump imposed sanctions on Moscow's two largest oil companies, but the move will come at a cost, analysts said on Friday. Trump has claimed that Indian Prime Minister Narendra Modi has agreed to cut its Russian oil imports as part of a prospective US trade deal -- something New Delhi has not confirmed. Relations between the two countries plummeted in August after Trump raised tariffs on Indi ...Read More >
New Delhi, Oct 24 (PTI) Gold prices tanked to Rs 1,25,600 per 10 grams in the national capital on Friday amid weak trends in the international markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,32,400 per 10 grams on October 18. Gold of 99.5 per cent purity slumped to Rs 1,25,000 per 10 grams (inclusive of all taxes). It had settled at Rs 1,31,800 per 10 grams on Saturday. In the local bullion market, silver prices also tumble ...Read More >
NEW DELHI: Indian oil refiners can shift away from Russian crude after US President Donald Trump imposed sanctions on Moscow's two largest oil companies - but the move will come at a cost, analysts said Friday. Trump has claimed that Indian Prime Minister Narendra Modi has agreed to cut its Russian oil imports as part of a prospective US trade deal - something New Delhi has not confirmed. Relations between the countries plummeted in August after Trump raised tariffs on Indian exports to the US ...Read More >
New Delhi: Reliance Industries Ltd, India's largest buyer of discounted Russian oil, plans to scale back imports following fresh US sanctions on Moscow-linked firms, dealing a significant blow to billionaire Mukesh Ambani's conglomerate. State-run refiners, however, may continue purchases through intermediary traders for now, industry officials said. Reliance, which operates the world's largest single-site oil refining complex at Jamnagar in Gujarat, purchased about half of the 1.7-1.8 million ...Read More >
NEW DELHI: Indian refiners are poised to sharply curtail imports of Russian oil to comply with new U.S. sanctions on two top Russian producers, industry sources said on Thursday, potentially removing a major hurdle to a trade deal with the United States. The change comes as India faces punishing 50% tariffs on its exports to the U.S. - with half of those duties in retaliation for Russian oil purchases - and negotiates a potential trade deal that could bring those tariffs in line with Asian peer ...Read More >
New Delhi, Oct 23 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd, India's biggest buyer of discounted Russian oil, plans to scale back imports of Russian crude oil following fresh US sanctions on Moscow-linked firms, sources said. State-run refiners, however, may continue purchases through intermediary traders for now, industry officials said. Reliance, which operates the world's largest single-site oil refining complex at Jamnagar in Gujarat, purchased about half of the 1.7-1.8 mil ...Read More >
Mumbai, Oct 23 (PTI) Equity benchmark indices Sensex and Nifty ended marginally higher on Thursday, helped by robust buying in IT and tech stocks amid growing optimism on the US-India trade deal front. After hitting a 52-week high, indices reversed most of their intra-day gains on fag-end profit-taking after sentiment turned cautious amid concerns over US sanctions against Russia's two largest oil companies. Besides, an over one per cent decline in heavyweight Reliance Industries also pulled t ...Read More >
New Delhi [India], October 23 (ANI): Indian stock indices surrendered most of their gains from Thursday as the session progressed, mainly due to US sanctions on key Russian crude majors and indications that the US deal may not be finalised soon, analysts said. Profit booking by investors also likely weighed on the stock indices. "The US sanctions on Russian oil majors also raised concerns that India may have to curtail purchases of discounted Russian crude and turn to costlier alternatives, pot ...Read More >
New Delhi, Oct 23 (PTI) US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through intermediary traders for now. Industry sources said public-sector units are assessing compliance risks but are unlikely to halt Russian crude flows immediately as they buy almost all of their needs from traders, mostly European (who are out of the sanctions net). Billionaire Mukesh Amban ...Read More >
New Delhi [India], October 23 (ANI): India's average crude import cost has increased sharply versus the Dubai benchmark, in FY2026 so far, even as the share of Russian crude in the country's oil basket has declined, said Kotak Institutional Equities in its latest report. The brokerage noted that with alternate crudes likely to be more expensive, premiums could also remain elevated and impact GRMs for refiners. Also Read | India Women vs New Zealand Women Free Live Streaming Online of ICC Women ...Read More >
New Delhi: Trinamool and other opposition parties criticised anti-corruption ombudsman Lokpal on Wednesday after it floated a tender to procure seven 'luxury' BMW cars.In a post on X, Trinamool Congress MP Saket Gokhale said, "Lokpal's luxury. Annual budget of India's Lokpal is Rs 44.32 crore. Now, Lokpal is purchasing 7 luxury BMW cars at approx Rs 5 crore for all members. This equals a mere 10%.""Lokpal is supposedly an anti-corruption body. So who will probe the corrupt Lokpal?" Gokhale added ...Read More >
President Trump stated he discussed trade and energy with Indian Prime Minister Modi, who assured him India would limit oil purchases from Russia. This comes as Trump pressures Moscow to end the Ukraine war, with India being a major buyer of Russian crude. United States President Donald Trump said he held talks with Prime Minister Narendra Modi on Tuesday, with their conversation focused largely on trade. "Let me extend our warmest wishes to the people of India. I just spoke to your Prime Mini ...Read More >
New Delhi, Oct 22 (PTI) The opposition on Wednesday hit out at anti-graft ombudsman Lokpal after it floated a tender to procure seven luxurious BMW cars, saying the guardians of integrity are chasing luxury over legitimacy. The Congress took a dig at Lokpal over the tender, saying it is not Lokpal any longer and is more of a "shock pal" and "shauq pal". Speaking with PTI, Congress general secretary in-charge communications Jairam Ramesh said there was a false narrative created against the Manm ...Read More >
Russian Deputy Foreign Minister Andrey Rudenko said Russian oil shipments to India are continuing, state news agency TASS reported. "Everything continues," he told reporters when asked about ongoing supplies. Russian Deputy Foreign Minister Andrey Rudenko said that Russian oil companies continue to ship oil to India, Russian state news agency TASS reported on Monday. "Everything continues," he said when asked whether Russian oil supplies to India continue. In October, the Press Trust of India ...Read More >
LONDON, Oct 20 (Reuters) - Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just push more Russian oil into an increasingly large shadow market. The U.S. president said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, an agreement India has yet to confirm. India has become a major trade buyer of Russian oil since Moscow's invasion of Ukraine in 2022. ...Read More >
ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump reiterated on Sunday that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying "massive" tariffs if it did not do so. "I spoke with Prime Minister Modi of India, and he said he's not going to be doing the Russian oil thing," Trump told reporters aboard Air Force One. Asked about India's assertion that it was not aware of any conversation between Modi and Tr ...Read More >
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