Reliance Industries Ltd, India's largest buyer of Russian oil and most impacted by the latest US sanctions, on Friday said it will comply with all applicable restrictions and will adjust its refinery operations to meet compliance requirements.
Indian and Russian officials have discussed Indian-Russian cargo transit along the Northern Sea route, joint projects in Arctic shipbuilding and possible training of Indian sailors for polar navigation.
The United States action of levying 25 per cent additional tariff on Indian goods is 'unfair, unjustified and unreasonable', India said on Wednesday in a firm reaction, signalling increasing tensions between the two strategic partners over New Delhi's energy ties with Moscow.
Miller said that US President Donald Trump has a 'tremendous' relationship with Prime Minister Narendra Modi, and that the peace options for the region are on the table.
India's External Affairs Minister S Jaishankar has called on Europe to display sensitivity and mutuality of interest for deeper ties with India, stating that New Delhi seeks partners, not "preachers." Jaishankar emphasized the importance of "Russia realism" in India's foreign policy, highlighting the natural complementarity between India and Russia as a resource provider and consumer. He criticized attempts by the West to address the Russia-Ukraine conflict without Russia's involvement, arguing it "challenged the basics of realism." Jaishankar also stressed the importance of finding common ground with the US, suggesting that focusing on mutuality of interest rather than ideological differences is key to successful engagement.
'Indian refiners can operate without Russian crude from a technical standpoint, but the shift would involve major economic and strategic trade-offs'
Jaishankar said that India and Russia have a long-standing relationship that has certainly served New Delhi's interests well.
The United States announced a 25 per cent tariff on India as the White House released an expansive list of duties that Washington, DC will impose on exports from countries around the world.
'It is time India calibrated a policy of what Indira Gandhi called equi-proximity rather than equi-distance between the US and Russia.'
Fuel loading at India's first prototype fast-breeder reactor in Kalpakkam is expected to start next week, marking a significant step in the country's nuclear program.
India and the US have collaborated through the past one month on launching a powerful satellite; are commencing joint production of GE Aerospace's F414 jet engines in India; India is participating in a massive three week-long military exercise in the Western Pacific, observes Ambassador M K Bhadrakumar.
'Things may get much worse before they get better,' predicts Ajay Chhibber.
India will continue to be a strategic partner for the United States despite concerns over its ties with Russia, the Biden Administration has said.
The annual meeting of the defence ministers of India and Russia, slated for Thursday, has been deferred till October 10 due to inability of the visiting minister to reach New Delhi.
United States President Donald Trump has said India is 'very close' to China in terms of its purchases of Russian oil and will pay tariffs of 50 per cent as he indicated that 'you are going to see so much secondary sanctions'.
India welcomes the summit talks between US President Donald Trump and his Russian counterpart, Vladimir Putin, in Alaska and hopes for an early end to the conflict in Ukraine.
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.
The PM emphasised that he has himself met leaders of both Russia and Ukraine and also pointed to his 'this is not an era of war' remark that he made in the presence of Russian President Putin.
Russia has invited Prime Minister Narendra Modi to attend the May 9 celebrations marking the 80th anniversary of victory over Germany in World War II, Deputy Foreign Minister Andrey Rudenko has said.
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US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.
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Finance Minister Nirmala Sitharaman on Friday said the world is facing "profound imbalances" in trade and energy security, and is undergoing a structural transformation, with India standing out as a 'stabilising force' that can withstand external shocks.
India and China will resume direct flight services by the end of this month after a five-year gap, signaling an effort to rebuild ties strained by the border standoff in eastern Ladakh.
'America is adopting the typical 'my way or the highway'/'Either you are with us or against us' stance.' 'This is a policy India is not going to accept.'
The Trump administration has told the US Supreme Court that it imposed tariffs against India for purchasing Russian energy products as part of its strategy to address the war in Ukraine.
India has rejected White House Trade advisor Peter Navarro's comments on New Delhi for its procurement of Russian crude oil, calling them 'inaccurate and misleading'. The relations between New Delhi and Washington are on a downturn after President Donald Trump doubled tariffs on Indian goods.
India said it is broad-basing and diversifying sourcing of petroleum product to meet market conditions.
The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.
'Geopolitically and diplomatically it's a very difficult situation for India.'
'I look forward to speaking with my very good friend, Prime Minister Modi, in the upcoming weeks.'
White House press secretary Karoline Leavitt on Tuesday once again claimed that United States President Donald Trump has ended the military conflict between India and Pakistan.
India seeks to play a supportive role for a peaceful and stable region, Prime Minister Narendra Modi said on Monday as he embarked on a high-profile visit to Russia to hold summit talks with President Vladimir Putin amid the conflict in Ukraine.
This was announced by Commerce and Industry Minister Kamal Nath at the conclusion of the 2nd meeting of India-Russia Forum on Trade and Investment, coinciding with the visit of Russian Prime Minister Victor A Zubkov in New Delhi on Wednesday.
The Indian community in Russia are eagerly waiting for Prime Minister Narendra Modi's visit to Moscow and will be seeking his support to build a Hindu temple in the country, a new Indian school building and the availability of more direct flights to India.
When the technology gap between China and India will remain large, cost-effective hardware of the kind that proved their worth in Operation Sindoor should be our priority, points out R Jagannathan.
Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.
He added that India sells to the US, its biggest "client", "massive" amounts of goods, "but we sell them very little - Until now a totally one sided relationship, and it has been for many decades."
Former World Bank Chief Economist Kaushik Basu on Thursday said the US economic policy towards India has taken an unfortunate turn, noting that President Donald Trump's harsh stance against New Delhi appears baffling. US President Donald Trump on Wednesday announced a 25 per cent tariff on Indian goods from August 1, amid signs of a stalemate in the ongoing bilateral trade negotiations between the two countries.
