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.
Trump reiterated that he is not negotiating on behalf of Ukraine, but rather aiming to bring the parties to the negotiating table.
Glimpses from India and around the world that will make you smile and cry.
Rubio mentioned the recent conflict between India and Pakistan that President Donald Trump has repeatedly claimed he solved.
The US State Department has expressed concerns over India's trade imbalance with Washington and its purchase of Russian oil, emphasizing that President Trump has been clear with New Delhi on these issues.
The ministry of external affairs spokesperson said that the meeting holds the promise of bringing to an end the ongoing conflict in Ukraine and opening up the prospects for peace.
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.
'I look forward to speaking with my very good friend, Prime Minister Modi, in the upcoming weeks.'
United States President Donald Trump on Tuesday said India has not been a good trading partner and announced that he will raise the tariffs on New Delhi 'very substantially' over the next 24 hours because it is buying Russian oil.
Taking to social media platform X, Dmitriev said, "Russia confirms Putin-Trump summit may happen next week and summit preparations are ongoing. This can be a historic meeting. Dialogue will prevail."
Ratings firm Crisil said on Wednesday that the uncertainties surrounding the US tariffs might be a new hindrance to capital expenditure decisions in the current financial year. The additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 per cent.
Officials said the government-to-government engagement between the two countries on all other issues remains normal, but conceded rough spots over trade that need ironing out.
'Things may get much worse before they get better,' predicts Ajay Chhibber.
'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.'
Speaking shortly after, Trump stated he had yet to speak with Ukrainian President Volodymyr Zelenskyy but would do so imminently, along with other European leaders. He suggested a formal deal was not yet in place.
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.
Former champion Daniil Medvedev was fined a total of $42,500 by the US Open on Wednesday for his spectacular meltdown during a loss to Benjamin Bonzi at the start of the week.
Russian teenager Mirra Andreeva overcame world No 1 Aryna Sabalenka in the Indian Wells final on Sunday, to win a second WTA 1000-level event in a row.
Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.
Former US National Security Advisor John Bolton says President Trump's personal relationship with Prime Minister Modi has deteriorated, potentially pushing India closer to Russia and China.
Ahead of Prime Minister Narendra D Modi's meeting United States President Donald J Trump, Russia's ambassador to India and the US charge d'affaires met Indian Space Research Organisation Chairman Dr V Narayanan.
Prime Minister Narendra Modi says India-China relations have made steady progress in the last 10 months, guided by respect for each other's interests and sensitivities. He made the remarks after meeting with Chinese Foreign Minister Wang Yi.
The point to note for India is that we must not panic. The United States may be our largest export destination, but high tariffs will not exactly mean gloom and doom. Sure, we can throw some morsels as we continue negotiating, but we must be firm that some red lines cannot be crossed, no matter what, asserts Shreekant Sambrani.
While only one place seems assured for the Indians in the men's section, there are already three in the women's category who have made it to the Candidates.
Despite the lack of a formal agreement, Trump described the summit as a success
Plans for big bang reforms in the GST regime by Diwali, the Putin-Trump summit and S&P upgrading India's sovereign credit rating are likely to instil optimism in the domestic equity market in the week ahead, analysts said. Besides, trends in global markets and the trading activity of foreign investors would also impact domestic investors' sentiment.
'If 138 soldiers have been given a gallantry award as 'shaheed' (by Pakistan) for Operation Sindoor, how many would have been the actual casualties. This decides who won.
Russian Diana Shnaider continued her impressive winning streak in tour-level finals at the Monterrey Open on Saturday, beating compatriot Ekaterina Alexandrova 6-4, 4-6, 6-4 in the WTA 500 event's final.
World number two Gauff clawed her way back from a set down to defeat Russian Veronika Kudermetova 4-6, 7-5, 6-2 in a match that stretched over two and a half hours.
China on Friday said the Shanghai Cooperation Organisation (SCO) summit to be held in Tianjin later this month will be the largest in the bloc's history, with 20 world leaders, including Prime Minister Narendra Modi, attending it.
Elena Rybakina powered into her first Cincinnati Open semi-final after stunning defending champion Aryna Sabalenka 6-1, 6-4 on Friday, while five-times Grand Slam champion Carlos Alcaraz recovered from a second-set blip to beat Andrey Rublev.
Following the preliminary investigations into the crash of Azerbaijan Airlines Flight 8432 in which 38 passengers were killed near Aktau in Kazakhstan, it was revealed that a Russian missile was responsible for the crash, Euronews reported on Thursday, citing sources from the Azerbaijani government.
The additional 25 per cent tariff imposed by US President Donald Trump on India is set to deliver a major blow to West Bengal's export-driven economy, with the state's labour-intensive leather, engineering and marine sectors expecting losses ahead of the festive season, stakeholders said. The increased levies on Indian products for the country's purchases of Russian oil came into effect on Wednesday, bringing the total amount of tariff imposed on New Delhi to 50 per cent.
From the Sensex firms, HCL Tech, Infosys, Power Grid, Tata Consultancy Services, HDFC Bank, Hindustan Unilever, Bharti Airtel and ICICI Bank were among the major laggards. However, Titan, Larsen & Toubro, Maruti and Axis Bank were among the gainers.
The Shanghai Cooperation Organisation (SCO) strongly condemned the Pahalgam terror attack and concurred with India's position that 'double standards' in the fight against terrorism are unacceptable.
The Navy would be using the missiles for equipping its Veer-class warships while the Indian Air Force would be using them to equip its Russian-origin Su-30 MKI fighter jet fleet, the sources said.
'If I have to go back, I would rather go back now because I don't want to face that situation when I'm in my 40s.' A young couple's journey through immigration uncertainty reveals not just the human cost of policy announcements, but a surprising rekindling of love for the homeland left behind.
India has strongly criticized the US and EU for their 'unjustified and unreasonable' targeting of New Delhi for its procurement of Russian crude oil, pointing out their own continued trade relations with Russia.
Prime Minister Narendra Modi and French President Emmanuel Macron discussed the Ukraine conflict and bilateral relations, reaffirming their commitment to global peace and stability.
President Putin and Prime Minister Modi greeted each other with a warm hug, after which they walked towards the stage for a family photo of the SCO members.
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