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[BENGALURU] Gold prices rose on Friday (Oct 24), supported by lingering geopolitical worries and US-China trade tensions, as investors awaited key US inflation data due later in the day for further cues on the interest rate path. Spot gold was up 0.3 per cent at US$4,138.52 per ounce, as at 9.20 am. However, bullion was on track for its worst week since May, down 2.7 per cent so far this week. US gold futures for December delivery rose 0.2 per cent to US$4,152.30 per ounce. US President Donal ...Read More >
The Indian side has also expressed interest in acquiring additional S-400 squadrons and has requested Russia to deliver the pending units. India is planning to buy a large number of missiles worth around Rs 10,000 crore from Russia to strengthen the capabilities of 'Sudarshan' S-400 air defence systems, according to a report by news agency ANI. The S-400 system, a critical component of the Indian Air Force's air defence network, was instrumental during a four-day conflict when it brought down ...Read More >
New Delhi: India is negotiating with Russia to buy missiles worth around Rs 10,000 crore for the S-400 air defence system. The Indian Air Force successfully used the system to shoot down six to seven Pakistani fighter jets and one spy plane over 300 km inside Pakistan during Operation Sindoor. The S-400 has been described by the Air Force as a game-changer. "The Indian Air Force is looking to buy the missiles in significant numbers to further bolster its air defence capabilities. The discussion ...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 >
Oil markets are trying to make sense of claims from Donald Trump about whether India and China will continue to purchase Russian oil, offering the latest example of how the president is willing to intertwine energy, trade, and geopolitics. This past week has seen Trump repeatedly claim that India is soon set to buy "no oil" from Russia, which, earlier in the week, Indian officials declined to confirm. Trump was unbowed, saying Friday at the White House, "They've already de-escalated." Equally ...Read More >
HYDERABAD: A 37-year-old man from Khairatabad, Hyderabad, Mohammed Ahmed, has allegedly been defrauded by a job agent and sent to Russia, where he has reportedly been drafted to fight in the war against Ukraine. "He has been given a weapon and asked to fight in the war against Ukraine. His last known location is near the Ukraine border. Our request to the government is that he should be helped and brought back to India," Firdous Begum, a close relative of Ahmed, told TOI on Thursday. Ahmed, who ...Read More >
Hyderabad: Mohammed Ahmed, the 38-year-old from Khairatabad, has sent distressing videos revealing that he is trapped in the Russian army, and forced to fight in the Russia-Ukraine war against his will. In the background of one video, the blast of rockets and the sound of gunfire can be heard, highlighting the imminent danger he faces.Indian govt officials said that at least 27 Indians are currently serving in the Russian army, and the govt is actively working on their repatriation. Ahmed record ...Read More >
US President Donald Trump stated on Wednesday (local time) that Indian Prime Minister Narendra Modi had assured him India would halt purchases of Russian oil, calling it "a big step" in efforts to pressure Moscow internationally. Trump made the remarks during a joint news conference with FBI Director Kash Patel at the Oval Office, where they also discussed steps to curb violent crime. Responding to a question from ANI about India as a reliable partner, Trump said, "Yeah, sure. He's [PM Narendra ...Read More >
WASHINGTON/NEW DELHI: US President Donald Trump on Wednesday claimed he was assured by PM Narendra Modi on Wednesday that New Delhi was tapering its purchase of Russian oil to help stop the Russia-Ukraine war, but the external affairs ministry in Delhi denied knowledge of any such conversation.In Washington, in his customary freewheeling banter with pool reporters in the White House, Trump indicated that India's pledge was conveyed through the new US ambassador to India, Sergio Gor, who was pres ...Read More >
He added: "Indian companies source energy supplies from around the world while taking overall market conditions into account. We would stress that there should be no double standards, especially when it comes to energy trade." Nayara Energy has come under the lens of Western governments given that 49.13 percent of the Indian company is owned by Russia's petroleum giant Rosneft. Nayara, formerly Essar Oil Ltd, operates a refinery at Vadinar in Gujarat, which was hit with sanctions by the Europea ...Read More >
NEW DELHI (Reuters) -Western powers have ramped up pressure on Russia's oil sales amid its war with Ukraine as U.S. President Donald Trump said India would stop buying and Britain imposed sanctions on top Russian oil firms. Ukrainian President Volodymyr Zelenskiy is schedule to meet Trump in Washington on Friday to push for military and energy support at a time when Kyiv and Moscow are escalating the war with attacks on energy infrastructure. Indian officials are also in Washington for trade t ...Read More >
New Delhi, Oct 16 (SocialNews.XYZ) India has made it clear that the country's import policy for oil and gas is guided entirely by the interests of the Indian consumers amid a volatile global energy market. The statement was issued hours after US President Donald Trump said that Prime Minister Narendra Modi has assured him that India will reduce purchases of Russian crude oil. "India is a significant importer of oil and gas. It has been our consistent priority to safeguard the interests of the ...Read More >
New Delhi, Oct 16 (PTI) Congress leader Rahul Gandhi on Thursday claimed that Prime Minister Narendra Modi is "frightened" of US President Donald Trump, saying that he allowed the American leader to "decide and announce" that India will not buy Russian oil and "keeps sending congratulatory messages despite repeated snubs". His assertion came after Trump claimed that his "friend" PM Modi has assured him that India would stop purchasing oil from Russia, a move he described as a big step toward in ...Read More >
Investing.com-- U.S. President Donald Trump said on Wednesday that Indian Prime Minister Narendra Modi told him that the country will wind down its buying of Russian oil amid pressure from Washington over Moscow's war with Ukraine. "I was not happy that India was buying oil, and he (Modi) assured me today that they will not be buying oil from Russia," Trump told reporters during an event at the White House, adding that India will gradually reduce its oil buying. Trump added that he would try t ...Read More >
Russian President Vladimir Putin is expected to visit India around December 5 for annual summit talks with PM Narendra Modi, aiming to solidify strategic ties in defense, trade, and energy. Preparations are underway, with India potentially procuring more S-400 missile systems. The leaders will also discuss the Ukraine conflict, reinforcing their "Special and Privileged Strategic Partnership." Russian President Vladimir Putin is expected to visit India around December 5 to hold annual summit tal ...Read More >
New Delhi [India], October 1 (ANI): India and Russia are finalising dates for Russian President Vladimir Putin's visit to India, which is expected to take place in early December, sources said. Russian Foreign Minister Sergey Lavrov is also expected to visit India before President Putin's visit, to prepare for the summit and discuss bilateral issues. At the 80th session of the United Nations General Assembly (UNGA) on September 27, Lavrov announced that a visit by the Russian President is plan ...Read More >
Moscow/New Delhi, October 1: New Delhi and Moscow are actively preparing for the Russian President Vladimir Putin's planned visit to India in December to attend the 23rd India-Russia Annual Summit, the Russian media quoted Deputy National Security Advisor Pawan Kapoor as saying. "We are currently preparing for President Vladimir Putin's visit to India in December. We meet regularly bilaterally and on the sidelines of international events," Kapoor was quoted as saying by Russia's state-owned news ...Read More >
Moscow/New Delhi, Oct 1 (SocialNews.XYZ) New Delhi and Moscow are actively preparing for the Russian President Vladimir Putin's planned visit to India in December to attend the 23rd India-Russia Annual Summit, the Russian media quoted Deputy National Security Advisor Pawan Kapoor as saying. "We are currently preparing for President Vladimir Putin's visit to India in December. We meet regularly bilaterally and on the sidelines of international events," Kapoor was quoted as saying by Russia's sta ...Read More >
NEW DELHI, Sept 26 (Reuters) - India said on Friday its officials held "constructive" talks with U.S. counterparts during a visit to Washington this week, and both sides agreed to continue discussions aimed at concluding a mutually beneficial trade deal soon. "Both sides exchanged views on possible contours of the deal," the commerce ministry said in a statement. A delegation led by Commerce and Industry Minister Piyush Goyal visited the U.S. from September 22 to 24 and met U.S. Trade Represen ...Read More >
Highlights: Two Indian nationals, Sadiq Abbas Habib Sayyed and... * NATO Secretary-General Mark Rutte says US tariffs on Indian goods are affecting Russia. * India reportedly seeking clarity from President Putin on Moscow's Ukraine strategy. * Trump has accused India of indirectly supporting Russia's war through oil purchases. * Prime Minister Modi and Putin last spoke on September 17, reaffirming support for a peaceful resolution. * India-US trade talks are ongoing, with both sides optimis ...Read More >
New Delhi: India said on Friday it has strongly urged Russian authorities to release and repatriate 27 more Indian nationals who were recently recruited into the Russian Army, even as it reiterated its warning that taking up such job offers poses a risk to life. External affairs ministry spokesperson Randhir Jaiswal said Indian authorities had recently found out that more Indian nationals had joined the Russian military, with the information coming from the families of the men who had been recr ...Read More >
Ukrainian President Zelenskyy expressed optimism about India's support for Ukraine in the conflict with Russia, despite ongoing concerns from the U.S. regarding India's energy trade with Moscow. While the U.S. considers tariffs to deter Russian oil purchases by India and China, Zelenskyy emphasized the importance of maintaining ties with New Delhi. Ukrainian President Volodymyr Zelenskyy on Tuesday (local time) said he believes India is "mostly" on Kyiv's side in the war with Russia, even as th ...Read More >
Ukrainian President Volodymyr Zelenskyy expressed cautious optimism in India's support for Ukraine in its ongoing conflict with Russia, stating that India is "mostly" aligned with Kyiv's position, while acknowledging New Delhi's position on energy-related complexities. IMAGE: Ukrainian President Volodymyr Zelenskyy with Prime Minister Narendra Modi. Photograph: @PMOIndia/X During an interview with Fox News, on the sidelines of the United Nations General Assembly in New York on Wednesday (local ...Read More >
Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat on Friday took an indirect jibe at the US over the high 50 per cent tariffs it imposed on India, and hinted that the move stemmed out of the Trump administration's desperation and frustration, saying those who are afraid of India's growth are resorting to such measures. Last month, US President Donald Trump first levied 25 per cent base tariffs on Indian goods and then announced another 25 per cent duties over New Delhi's continued purchase ...Read More >
Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni discussed the India-EU free trade agreement, with Modi thanking Meloni for her support. They also addressed the Ukraine conflict and the implementation of the India-Middle East-Europe Economic Corridor. Both leaders reaffirmed their commitment to strengthening the India-Italy Strategic Partnership. Prime Minister Narendra Modi on Wednesday discussed with his Italian counterpart Giorgia Meloni the proposed free trade agreemen ...Read More >
Nagpur, Sep 12 (SocialNews.XYZ) RSS chief Mohan Bhagwat on Friday said that tariffs on Indian goods have been imposed out of fear of a stronger India while giving a call for a shift from a self-centered approach to that of "belongingness" to solve global problems. Bhagwat also urged for compassion and understanding of one's true self, suggesting that overcoming fear would lead to a world without enemies. He asserted that nations could overcome fear through brotherhood and peace. In his speech ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
New Delhi, Sep 5 (UNI) India today rejected the statements made by White House Trade Advisor Peter Navarro as ''inaccurate and misleading'' and hoped that relations with US would continue to move forward based on mutual respect and shared interests. ''We have seen inaccurate and misleading statements by Mr Navarro and obviously we reject them,'' External Affairs Ministry spokesman Randhir Jaiswal said at a press conference here. Mr Navarro has in several statements criticised India for buying ...Read More >
NEW DELHI (AP) -- German Foreign Minister Johann Wadephul urged India to press its close ally Russia to return to peace talks over the war in Ukraine, days after Indian Prime Minister Narendra Modi met Russian President Vladimir Putin at a regional summit in China. Wadephul told a news conference Wednesday that despite enormous efforts by Europe and the United States, Russia hasn't been willing to enter negotiations, a challenge New Delhi could possibly address. "The only demand is that weapon ...Read More >
NEW DELHI: India and Russia have reaffirmed their long -standing strategic partnership in the context of American pressure on India to limit Russian energy purchases, Prime Minister Narendra Modi told President Vladimir Putin on Monday that the two countries were kept side by side in the most difficult times. While the two leaders met on the sidelines of the Shanghai Cooperation Organization (SCO) in Tianjin, Modi said that he was eager to welcome Putin in India in December for an annual summit ...Read More >
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