Reliance Industries' refining earnings will remain steady, supported by its position as India's largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Reliance imported more Russian barrels than any other Indian refiner in the past eight months, according to data from Bloomberg/Kpler.
"India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," Trump said in a social media post on Monday.
During a visit to the UK, former US President Donald Trump reiterated his claim of intervening to resolve a conflict between India and Pakistan, linking it to trade negotiations. He also discussed tariffs on India for buying Russian oil and the Russia-Ukraine conflict.
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.
France today increasingly resembles the Italy of the past, when governments fell with bewildering regularity, prime ministers came and went in rapid succession, and political instability became the norm rather than the exception, point out Krishnan Srinivasan and Manoj Mohanka.
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.
One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.
The collective West has always opposed strong leaders and economic development in India, asserts Colonel Anil A Athale (retd).
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.
Mixing strong defence with measured attack, young wrestler Antim Panghal won her second World Championship medal with a dominating 9-1 victory over U-23 World Champion Emma Jonna Denise Malmgren in the bronze play-off in Zagreb on Thursday, ensuring that the Indian contingent won't return empty-handed from the Croatian capital.
Glimpses from India and around the world that will make you smile and cry.
'We need to be very vigilant as we are passing through some fraught times.'
There were apprehensions that additional secondary tariffs would have hit India in case the US decided to enforce them.
Rubio voiced "appreciation" for New Delhi's continued engagement on bilateral issues, including trade, defence and energy.
United States President Donald Trump has said there will be no trade negotiations with India until a dispute over tariffs is resolved, following his administration's decision to double tariffs on Indian imports.
'Russia is aiming at demoralising Ukraine as a nation.' 'They want to bomb the infrastructure, the electric stations so that regular citizens will not to be able to live, to cook, to give comfort to their kids.'
India-US relations, like Rome, were not built in a day, nor can they be demolished in a day.
All said and done, when the new global order emerges, India can only remain with the democracies, asserts Ambassador T P Sreenivasan.
Grandmaster Nihal Sarin played out a quick and effortless draw with Matthias Bluebaum of Germany to share the lead with the German on six points after the end of the eighth round of FIDE Grand Swiss in Samarkand, Uzbekistan, on Friday.
Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.
Calling the community note on X "crap", Navarro alleged that Elon Musk is allowing "propaganda" and reiterated his accusations of India purchasing Russian oil only to make profits.
President Trump addresses questions about US imports from Russia and India's stance on purchasing Russian oil, hinting at potential tariffs.
'Pakistan is an ally who gives the US access.' 'If we have a presence there, it puts us that much closer to China and puts our assets closer to China and Iran.'
Gold prices on Tuesday surged Rs 723 to touch an all-time high of Rs 110,312 per 10 grams in the domestic futures market, tracking strong global cues amid growing expectations of a US Federal Reserve interest rate cut next week. Traders said weak US labour market data has strengthened the case for monetary policy easing, putting pressure on the dollar and boosting demand for the safe-haven asset.
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.
'Trump is not shy when he is frustrated with countries'
The Border Security Force (BSF) is training specialized 'drone commandos' and 'drone warriors' for modern warfare, with plans to deploy them in missions like Operation Sindoor. A 'School of Drone Warfare' has been inaugurated to provide training in UAV operations, anti-drone warfare, and surveillance.
The steep 50 per cent tariffs imposed by the United States on Indian goods are largely a result of President Donald Trump's 'personal pique' at not being allowed to mediate in the India-Pakistan conflict, according to a recent report by American multinational investment bank and financial services company Jefferies.
Svitolina wants to give Ukraine a 'little light' after reaching quarter-finals
Echoing United States President Donald Trump's stance on imposing economic sanctions against countries maintaining trade ties with Russia if Moscow doesn't put an end to the conflict in Ukraine, North Atlantic Treaty Organisaiton (NATO) Secretary General Mark Rutte on Tuesday (local time) urged India, China, and Brazil to reconsider their economic relations with Russia, warning of potential secondary sanctions, reported Reuters.
The White House trade adviser, Peter Navarro, on Sunday (local time) again added to his previous meltdown, after being corrected over spreading misinformation pertaining to India's purchase of Russian oil, by dismissing the community notes on X and accusing it of serving 'foreign interests' that meddle in domestic US economics and politics.
External Affairs Minister S Jaishankar met Russian President Vladimir Putin to discuss ways to further expand India-Russia ties, following talks with Foreign Minister Sergey Lavrov focusing on trade.
India, the world's third largest oil consuming and importing nation, spent 112.5 billion euro (about Rs 1.5 lakh crore) on buying crude oil from Russia since the start of the Ukraine war, a European think tank said on Thursday. The Centre for Research on Energy and Clean Air (CREA) released a report on payments to Russia for fossil fuels since February 24, 2022. "According to our estimates, since the beginning of the war, Russia earned EUR 835 billion in revenue from fossil fuel exports," it said.
Pakistan Prime Minister Shehbaz Sharif said on Tuesday that his country respects Russia's relations with India, as he called for strengthening Islamabad's ties with Moscow during his talks with Russian President Vladimir Putin in Beijing.
Prime Minister Narendra Modi on Friday said it is important for India and China to work together to bring stability to the world economic order as he asserted that New Delhi is ready to advance bilateral ties from a strategic and long-term perspective based on mutual respect, mutual interest and mutual sensitivity.
Looking to assert his supremacy across formats, reigning world champion D Gukesh of India began his campaign in the FIDE Grand Swiss in Samarkand, Uzbekistan, with a crushing victory over France's Etienne Bacrot in the first round.
External Affairs Minister S Jaishankar will address the session on September 27
Kremlin spokesman Dmitry Peskov said the two leaders had a tete-a-tete in the car for about an hour.
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.
Glimpses from around the world that will make you smile and cry.
Prime Minister Narendra Modi was offered a lift by Russian President Vladimir Putin in his AURUS limousine to reach the venue of their bilateral talks on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Tianjin on Monday.
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