A senior Russian diplomat has called the US pressure on India for its procurement of Russian crude oil "unjustified," expressing confidence in continued energy cooperation between India and Russia despite external pressures.
The National Investigation Agency (NIA) arrested Anmol Bishnoi, brother of gangster Lawrence Bishnoi, after his deportation from the US. He is wanted in connection with several high-profile crimes.
'Trump does have a master plan in mind to put pressure on India with the additional tariff of 25 per cent to get Modi to persuade Russian President Vladimir Putin to freeze the Ukraine war.' 'It has not worked so far. By end-September only we'll know for sure the future trajectory of India's oil purchases from Russia,' observes Ambassador M K Bhadrakumar.
'Trade deal will act as a strong trigger for market sentiment, not just for domestic investors but also for FIIs.'
Former White House trade advisor Peter Navarro accuses India of being an 'oil money laundromat' for Russia, alleging that India's oil purchases are funding Putin's war in Ukraine. The accusations come amid existing trade tensions and tariffs imposed by the US.
'India is cosying up to Xi Jinping. They don't need the Russian oil. It's a refining profiteering scheme.'
United States President Donald Trump said he could travel to India next year, emphasising that Indian Prime Minister Narendra Modi 'wants' him to visit while calling him a 'great man' and a friend.
"So I think what happens is it's all bravado, because you think it feels good to fight with the biggest client in the world, but eventually your businesses are going to say you've got to stop this and go make a deal with America."
Arjun Erigaisi will start as the favourite against veteran Hungarian Peter Leko, while R Praggnanandhaa faces the inventive Daniil Dubov.
According to an international media report, the jet crashed in the afternoon local time while flying a demonstration flight at the prestigious air show.
Grandmasters Arjun Erigaisi and P Harikrishna had another good day as they sent veteran Peter Leko of Hungary and Swede Nils Grandelius packing in the fourth-round tiebreaker at the Chess World Cup, in Panaji on Thursday.
'Trump is not shy when he is frustrated with countries'
India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.
The BRICS nations have expressed concern over the proliferation of trade-restrictive actions in the form of 'indiscriminate rising' of tariffs, particularly measures used as a means of 'coercion', cautioning that such practices risk marginalising the Global South countries.
The White House trade advisor's remarks came on a day US President Donald Trump announced that India and the US are continuing negotiations to address the trade barriers.
The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available for March.
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.
Since June, India's ministry of external affairs has intensified its diplomatic calendar, hosting several heads of state and government, foreign ministers, and key trade delegations.
Russian President Vladimir Putin will travel to India in December, Kremlin foreign policy aide Yuri Ushakov said. Putin will meet Prime Minister Narendra Modi on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit in China's Tianjin city to discuss the preparations for his visit to India.
'Can a nuclear-armed nation sustain itself indefinitely under overt military rule without catastrophic consequences for itself and the region? History suggests otherwise.'
The Indian government has informed the Lok Sabha that only 19 Indian nationals are currently serving in the Russian armed forces, after most were discharged and repatriated. The government is working with Russian authorities to ensure the safety and early discharge of the remaining 19.
The new supplies of the Igla-S air defence missiles have been received by the Indian Army a couple of weeks ago and are being provided to the forward formations for taking care of the threat from enemy fighter aircraft, choppers and drones on the borders.
Putin further described the Ukraine conflict as a mere "pretext" by Western powers to take these broader punitive measures against countries maintaining strong economic ties with Russia.
New Delhi, while opting not to retaliate yet to the American tariffs, has in recent weeks sought to reinforce its friendship with Moscow, and recalibrate its ties with Beijing rather than surrender to Washington's diktats.
From the Sensex firms, Infosys climbed 3.86 per cent. HCL Tech, Tata Consultancy Services, Axis Bank, Kotak Mahindra Bank, Titan and Tech Mahindra were also among the gainers. However, Eternal, UltraTech Cement, Bharti Airtel and Adani Ports were among the laggards.
As Russia continues to escalate its strikes on Ukraine, United States President Donald Trump on Sunday (local time) said that he has plans to speak with his Russian counterpart Vladimir Putin in the coming days, as several European leaders are expected to visit the United States for what he described as 'very interesting discussions' aimed at resolving the ongoing Russia-Ukraine conflict.
India, the world's third largest oil consuming and importing nation, bought crude oil worth 49 billion euros from Russia in the third year of Moscow's invasion of Ukraine, a global think tank said. India, which has traditionally sourced its oil from the Middle East, began importing a large volume of oil from Russia soon after the invasion of Ukraine in February 2022.
The relations between New Delhi and Washington are on a downturn after Trump doubled tariffs on Indian goods to a whopping 50 per cent, including a 25 per cent additional duties for India's purchase of Russian crude oil.
India and Russia always stood "shoulder-to-shoulder" even in the most difficult situations, Prime Minister Narendra Modi told Russian President Vladimir Putin on Monday, against the backdrop of possibly the worst phase in New Delhi's ties with the US in over two decades.
US Secretary of State Marco Rubio claims President Donald Trump was instrumental in bringing about the cessation of hostilities between India and Pakistan, a claim India has consistently denied.
Russian Foreign Minister Sergei Lavrov on Thursday said the US threats of tariffs against India and China are failing and there is a growing understanding in Washington of the futility of talking in such language with two ancient civilisations.
Pakistan and China are among the countries which are testing nuclear weapons, United States President Donald Trump has said to justify his administration's plans to resume testing of the US's own nuclear assets after a gap of over three decades.
Vance also hinted that the US may drop additional tariffs on countries if the US make a deal with Russia, and also apply more tariffs on the countries to bring this war to a close.
The Indian and Chinese militaries held a fresh round of high-level military talks focusing on maintaining peace and security along the Line of Actual Control (LAC) in eastern Ladakh.
Medvedev in Shanghai semis as Rinderknech joins cousin Vacherot in last four
Lutnick said that these countries have to understand that if "you want to sell to the US consumers, you've got to play ball with the President of the United States."
Check out these images from the Shanghai Cooperation Organisation summit in Tianjin, China, on Monday morning featuring Prime Minister Narendra Modi, Chinese President Xi Jinping and Russian President Vladimir Putin, taking bon homie to a new level.
Among Sensex firms, Hindustan Unilever dropped the most by 3.20 per cent. UltraTech Cement, Kotak Mahindra Bank, Adani Ports, Titan, HDFC Bank and Axis Bank were also among the laggards. However, Bharti Airtel, ICICI Bank, Bharat Electronics and Sun Pharma were among the gainers.
Trump also said he is "very disappointed" that India would be buying "so much oil" from Russia.
The unusual security measure was said to be aimed at preventing foreign powers from obtaining information about the Russian leader's health.
