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The temporary easing of U.S. sanctions on Russian crude has rapidly redrawn global oil flows, with India stepping back in as the dominant buyer of previously distressed barrels. Even as overall imports are about to ease seasonally, Russian volumes into Asia are surging -- tightening the market and pushing Urals to a rare $8/bbl premium over Brent. Washington's March 12 decision to allow sales of oil already loaded onto tankers had an immediate impact. Almost all of Russia's floating storage was ...Read More >
Mumbai (Maharashtra) [India], October 24 (ANI): Reliance Industries said on Friday that it is assessing the implications, including the new compliance requirements, of the recent restrictions announced by the European Union, United Kingdom and the United States on crude oil imports from Russia and export of refined products to Europe and will comply with the EU's guidelines on the import of refined products into Europe. A Reliance Spokesperson said in a statement that whenever there is any guid ...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 >
US President Donald Trump on Sunday (local time) reiterated his claim that he had spoken to Prime Minister Narendra Modi, who told him India would cease buying Russian oil. Speaking to reporters aboard Air Force One, Trump warned that India would continue to face "massive" tariffs if it did not comply. This marks the third time the US President has repeated his claim, first made on October 15, regarding India halting Russian oil purchases and him speaking to PM Modi. "I spoke with Prime Minist ...Read More >
Pune (Maharashtra) [India], October 18 (ANI): The Additional Sessions Court in Pune has discharged Nationalist Congress Party (NCP) MLA Jitendra Awhad of all charges related to the 2016 Fergusson College violence case, citing a lack of evidence. The order, passed by Additional Sessions Judge Aniruddha Subhash Gandhi on October 13, stated that there was "insufficient evidence to frame charges" against the legislator. The court also held that the earlier order of the Judicial Magistrate First Cla ...Read More >
New Delhi [India], October 18 (ANI): The President of India, Droupadi Murmu, addressed the national conclave on the 'Adi Karmayogi Abhiyan' and presented awards to the best-performing states, districts, blocks, and Integrated Tribal Development Agencies at a function held in New Delhi on Friday. Speaking on the occasion, the President said that this conclave reflects our national resolve to make governance truly participatory, inclusive, and based on people's participation. Also Read | Donald ...Read More >
WASHINGTON (TNND) -- President Donald Trump said on Wednesday that during a phone call with Indian Prime Minister Narendra Modi, the prime minister assured Trump that India would cease buying oil from Russia. "There will be no oil. He's not buying oil," Trump said. The change won't take immediately, he said, but "within a short period of time." India's foreign ministry said it was "not aware" of the phone call. India is the second-largest buyer of Russian oil. It said the government's consist ...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 (AP) -- India says it is looking to step up purchases of crude oil and natural gas from the U.S. as it diversifies its energy supplies and confronts criticism by U.S. President Donald Trump over its imports of discounted Russian oil. Trump said Wednesday that Indian Prime Minister Narendra Modi had personally assured him his country would stop buying Russian oil, in a move that might add to pressure on Moscow to negotiate an end to the war in Ukraine. "There will be no oil. He's not ...Read More >
NEW DELHI - India says it is looking to step up purchases of crude oil and natural gas from the U.S. as it diversifies its energy supplies and confronts criticism by U.S. President Donald Trump over its imports of discounted Russian oil. Trump said Wednesday that Indian Prime Minister Narendra Modi had personally assured him his country would stop buying Russian oil, in a move that might add to pressure on Moscow to negotiate an end to the war in Ukraine. Recommended Videos "There will be no ...Read More >
Mysuru/Bengaluru: Hours after IT-BT minister Priyank Kharge Wednesday shared a video of a phone call in which an unidentified man, claiming affiliation with RSS, allegedly abused him in Hindi, home minister G Parameshwara said the govt has ordered an investigation. "We will find out who threatened the minister. We will identify the source," Parameshwara said. "A minister has the right to share his opinions. Threatening him for this is unacceptable. Action will be taken. Though tracking callers i ...Read More >
WASHINGTON (AP) -- President Donald Trump said Wednesday that Indian Prime Minister Narendra Modi personally assured him that his country would stop buying Russian oil. The change, which has not been confirmed by the Indian government, would boost Trump's efforts to pressure Moscow to negotiate an end to the war in Ukraine. "There will be no oil. He's not buying oil," Trump said. The change won't take immediately, he said, but "within a short period of time." The Indian embassy in Washington ...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 >
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 >
Prime Minister Modi spoke with Ukrainian President Zelenskyy, discussing the ongoing conflict and potential paths to peace. Modi emphasized India's consistent stance that dialogue and diplomacy are the only solutions. He reiterated India's commitment to providing all possible support for a peaceful resolution and reaffirmed the nation's dedication to restoring peace. PM Modi on Saturday held a telephone conversation with Ukrainian President Volodymyr Zelenskyy, during which the two leaders disc ...Read More >
(Reuters) -U.S. stock index futures slipped on Thursday, as investors stepped to the sidelines and awaited an earnings report from big-box retailer Walmart and clues on the Federal Reserve's next policy move from a three-day conference in Jackson Hole. A sharp decline in technology stocks such as Nvidia, AMD, Palantir and Meta earlier this week signaled investor fears that the stocks, which have soared since April lows, are now overvalued, while Washington's growing interference in the sector h ...Read More >
New Delhi, Aug 21 (PTI) Prime Minister Narendra Modi on Thursday held a phone conversation with French President Emmanuel Macron focusing on resolution of the conflicts in Ukraine and West Asia. Modi described the conversation as "very good". Macron was among the European leaders who accompanied Ukrainian President Volodymyr Zelenskyy during his talks with US President Donald Trump this week. "Had a very good conversation with my friend President Macron. Exchanged views on efforts for peacefu ...Read More >
New Delhi [India], August 14 (ANI): External Affairs Minister S Jaishankar is expected to visit Moscow later this month for the 26th session of the India-Russia intergovernmental commission Addressing a media briefing on Thursday in the national capital, Ministry of External Affairs Spokesperson Randhir Jaiswal said, EAM Dr S Jaishankar is expected to visit Moscow for the 26th session of the India-Russia intergovernmental commission on trade, economic, technological and cultural cooperation. Th ...Read More >
Aug 14 (Reuters) - Gold extended gains to a third straight session on Thursday, supported by rising expectations of an interest rate cut by the U.S. Federal Reserve in September following tame inflation data, which also weighed on the dollar. Spot gold rose 0.4% to $3,367.53 per ounce as of 0156 GMT. U.S. gold futures for December delivery added 0.3% to $3,416.70. "Markets are pricing in the chance that the Fed cuts 50 basis points in September. So the dollar's weakening, gold's going up as a ...Read More >
Donald Trump stated that US tariffs on India's Russian oil purchases have significantly impacted Russia's economy. He mentioned India as a major oil buyer from Russia. Trump claimed Russia's economy is struggling due to global pressures and US tariffs. He suggested that imposing tariffs on India, for buying Russian oil, was a major setback for Russia. President Donald Trump on Monday said American tariffs imposed on India for purchasing Russian oil have dealt a "big blow" to Moscow's economy, w ...Read More >
External Affairs Minister S Jaishankar is set to visit Moscow for talks with Sergey Lavrov, addressing trade, energy, and cooperation. Discussions will likely cover India's energy procurement from Russia, amid US tariff concerns, and preparations for President Putin's visit. The Ukraine conflict and the need for dialogue will also be on the agenda. External Affairs Minister S Jaishankar will travel to Moscow next week to hold crucial talks with his Russian counterpart Sergey Lavrov, amid some s ...Read More >
Delhi news: Woman alleged she was raped by four men at a party after consuming alcohol. Four men allegedly gangraped a 24-year-old woman at a party in north Delhi's Civil Lines on Sunday night, police said on Tuesday. According to the Hindustan Times, a police officer said on Monday that the woman alleged she was raped by four men at a party after consuming alcohol. She's reportedly employed with a Gurugram-based firm. "In her complaint, she said she received a call from a male friend on Sund ...Read More >
MUMBAI -- Indian exporters are scrambling for options to mitigate the fallout of the United States' threatened tariff salvo against the world's most populous country. Many warn of dire job losses after US President Donald Trump said he would double new import tariffs from 25 percent to 50 percent if India continues to buy Russian oil. "At 50 percent tariff, no product from India can stand any competitive edge," said economist Garima Kapoor from Elara Securities. India, one of the world's larg ...Read More >
Narendra Modi may speak at the UNGA in September. The 80th session starts on September 9. Donald Trump will address the session on September 23. Modi is scheduled to speak on September 26. Trade talks between India and the US continue. Trump imposed tariffs on India. India says the tariffs are unjustified. The UNGA session will address global conflicts. Prime Minister Narendra Modi is likely to address the annual high-level session of the United Nations General Assembly (UNGA) in September, acc ...Read More >
Hyderabad: North Telangana districts bore the brunt of heavy rains that disrupted normal life in many parts of the state on Wednesday. People in the northern districts were subject to harrowing times to reach their destinations due to the extensive damage to roads that was made worse by breaches across culverts and bridges on overflowing canals and water bodies. Meanwhile, flights were diverted at Shamshabad airport due to the heavy downpour in Greater Hyderabad limits. Hyderabad-bound flights ...Read More >
New Delhi: US President Donald Trump warned on Wednesday that there would be "very severe consequences" if Russian President Vladimir Putin does not agree to end the war in Ukraine during their upcoming summit on Friday. As per the media reports, according to French President Emmanuel Macron, Trump was "very clear" during a virtual meeting with European leaders that the US is aiming for a ceasefire at the forthcoming US-Russia summit, set to take place in Alaska. During the same meeting, Ukrai ...Read More >
Chennai (Tamil Nadu) [India], July 4: India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for reliable, high- ...Read More >
New Delhi [India], January 2 (ANI): Prime Minister Narendra Modi on Thursday strongly condemned the "cowardly terrorist attack" in New Orleans, which claimed at least 15 lives and expressed solidarity with the victims and their families. In a post on X, PM Modi wrote, "We strongly condemn the cowardly terrorist attack in New Orleans. Our thoughts and prayers are with the victims and their families. May they find strength and solace as they heal from this tragedy." Earlier, Messages of condolen ...Read More >
The incoming US president has vowed to press for a quick deal to end Russia's war - leaving Kyiv scrambling to position itself ahead of his January inauguration Nato foreign ministers looked set to rebuff Tuesday a push from Ukraine for progress on joining their alliance ahead of Donald Trump taking power in the United States. The incoming US president has vowed to press for a quick deal to end Russia's war - leaving Kyiv scrambling to position itself ahead of his January inauguration. Ukrain ...Read More >
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