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NEW DELHI, Sept 1 (Reuters) - India is not "profiteering" from Russian oil imports and its purchases have stabilised markets while keeping prices from rising to as much as $200 a barrel, Hardeep Singh Puri, country's oil minister, said in the Hindu newspaper on Monday. The U.S. has targeted India for its Russian oil purchases, with President Donald Trump imposing tariffs on Indian exports to the U.S. to discourage the country's crude buying. Treasury Secretary Scott Bessent accused India of pr ...Read More >
New Delhi, Aug 21 (SocialNews.XYZ) Prominent US economist Jeffrey Sachs on Thursday strongly criticised President Donald Trump's decision to impose steep punitive tariffs on India, calling it one of the worst blunders in American foreign policy. In an interview on the Breaking Points show with Krystal Ball and Saagar Enjeti, Sachs said Trump's tariffs were "not a strategy, but sabotage." He warned that the move, instead of giving the US leverage, ended up pushing India closer to other emerging ...Read More >
India's external affairs ministry has firmly responded to NATO's threat of secondary sanctions, emphasizing the nation's priority in securing its energy needs amidst global market dynamics and cautioning against double standards. The external affairs ministry on Thursday cautioned against "double standards" while pushing back against the North Atlantic Treaty Organisation (NATO) secretary general Mark Rutte's threat of possible secondary sanctions on India for maintaining trade ties with Russia ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a m ...Read More >
Washington: India is engaging with American lawmakers over concerns surrounding a new Russia sanctions bill introduced in the US Congress, Foreign Minister S Jaishankar said on Wednesday. The bill, backed by Republican Senator Lindsey Graham, seeks to impose 500 per cent tariffs on countries-- including India and China-- that continue to trade with Moscow even after Russia's full-scale invasion of Ukraine three years ago. When asked about potential implications of the bill, Jaishankar said, In ...Read More >
NEW DELHI: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, ...Read More >
Chennai: The announcement on the US-Vietnam trade deal and plans to impose tariffs on Russian oil buyers have left the Indian industry worried about the US-India BTA. They want the government to wait and watch before finalising the deal. As per the announcement made by the US President Donald Trump, Vietnamese goods entering the country will face a 20 per cent import tariff against 46 per cent reciprocal tariffs announced earlier. The new tariff is triple the rates of 2-10 per cent offered unde ...Read More >
New Delhi, Jul 3 (PTI) A study conducted by the AIIMS-Delhi in collaboration with the Indian Council of Medical Research (ICMR) has claimed that there was no link between COVID-19 vaccination and sudden cardiac arrests among young individuals. A panel of doctors at a press conference in AIIMS said that the ongoing study has so far examined 300 cases of sudden death, particularly among people under the age of 40. Though all of them had received COVID-19 vaccine doses, preliminary findings sugges ...Read More >
Chennai, Jul 3 (PTI) Former AIADMK state Minister D Jayakumar on Thursday sought to know from Tamil Nadu Chief Minister M K Stalin if his "sorry" would resurrect security guard Ajith Kumar, who had died in police custody. Taking strong exception to the chief minister for conveying his apology to Kumar's family following his death in police custody on June 28 in Sivaganga district, Jayakumar asked, "Stalin said sorry. Will this bring Ajith Kumar back to life? This was the 25th custodial death th ...Read More >
Puri, Jul 3 (PTI) The 'Ratna Bhandar' (treasure chest) of Lord Jagannath Temple is safe, and the repair work of the chamber is almost complete, Puri's titular king, Gajapati Maharaja Dibyasingha Deb, said on Thursday. The Gajapati Maharaja inspected the Ratna Bhandar repair work being carried out by the Archaeological Survey of India, the custodian of the 12th-century shrine, for 11 months. Also Read | Starlink India Launch Likely in Coming Months As IN-SPACe Reviews Approval Process for Elon ...Read More >
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India's Foreign Minister S. Jaishankar responded coolly to U.S. threats of a 500% tariff over Russian oil imports, saying "we'll cross that bridge when we come to it," as Washington considers new trade penalties for countries dealing with Moscow. Amid fresh talks for a Tariff on India, External Affairs Minister S Jaishankar on Wednesday said that India remains unconcerned about the possibility of the US imposing a 500 per cent tariff and will deal with the issue only when it arrives. Republica ...Read More >
India is concerned with a U.S. Senator's proposal to slap a 500% tariff on goods imported in America from countries buying Russian oil, Indian External Affairs Minister S Jaishankar said, adding that the world's third-largest crude oil importer has conveyed these concerns to the U.S. lawmakers. Republican Senator Lindsey Graham has proposed a bill to impose a huge tariff on any country buying Russian oil. In an interview with ABC News this weekend, Senator Graham said that President Donald Tru ...Read More >
India's External Affairs Minister S. Jaishankar has said that New Delhi has raised concerns with U.S. Senator Lindsey Graham regarding a proposed bill that threatens to impose massive tariffs, up to 500%, on countries that continue importing oil from Russia. Speaking at a press conference in Washington, Jaishankar acknowledged the potential implications of the legislation, which primarily targets countries like India and China due to their ongoing energy ties with Moscow, News.Az reports, citin ...Read More >
New Delhi: U.S. President Donald Trump has backed a new plan to strike hard at countries helping Russia's economy. He gave his nod to a Senate bill that proposes 500% tariffs on nations buying oil and goods from Russia. Senator Lindsey Graham, a longtime Trump ally, confirmed the move during an interview with ABC News. The bill targets India and China - the two biggest importers of Russian crude. Graham said both are fuelling what he called "Putin's war machine" by continuing trade with Moscow. ...Read More >
New Delhi: In a major development that could reshape US trade relations with major global allies, US President Donald Trump has pushed for a Senate bill that would impose 500 percent tariffs on countries continuing economic ties with Russia -- including India and China. The latest development was confirmed by Republican Senator Lindsey Graham in an interview with ABC News. "Big breakthrough here. So what does this bill do? If you're buying products from Russia and you're not helping Ukraine, th ...Read More >
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