If the conflict continues for a prolonged period, State-run oil companies may have to review retail fuel prices accordingly.
Speaking at a joint press conference with Belarus President Alexander Lukashenko on Thursday, Putin said that Russia agrees with the proposals to cease hostilities but "proceeds from the assumption that this cessation should lead to long-term peace and eliminate the root causes of the crisis."
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.
Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.
The trade relationship between India and the United States has been strained by the imposition of 25% tariff by the US on Indian goods.
India abstained from a UN General Assembly resolution demanding Russia ensure the return of Ukrainian children. The resolution passed with 91 votes in favor.
Russian President Vladimir Putin expressed optimism about Russia-US relations, citing potential cooperation in the Arctic and Alaska. He acknowledged the current low level of relations but sees improvement with President Trump's administration. Putin also emphasized the importance of Russia's sovereignty and the role of its nuclear industry.
The 98th Academy Awards was a mix of high fashion, subdued politics, flashes of humour and emotions running high.
OOn Sunday, September 1, 2024, for the first time since the Russian invasion took place over two years ago, Ukraine Fashion Week returned to Kyiv.
Private equity investments in Indian real estate dropped 15 per cent in July-September to USD 819 million amid global uncertainties, according to property consultant Anarock.
US Energy Secretary Chris Wright said that long-term oil supplies are 'abundant' and there are no worries regarding that, but in the short term, there is a need to get oil on the market.
Reliance Industries Ltd on Thursday said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions. Reliance is India's largest buyer of Russian oil, which it processes and turns into fuel, such as petrol and diesel, at its giant oil refining complex at Jamnagar.
Union Minister Pralhad Joshi assures that the Indian government is prepared to bring back Indians stranded in the Gulf region due to the Iran-Israel conflict and disruptions in Dubai, emphasizing citizen safety as the top priority.
'While I would never wish for anyone to go through what we are, it has brought out the best in us by making each one of us a better version of ourselves.' 'Being courageous, fighting for freedom, taking the burden of responsibility to help each other...' 'I know hundreds and hundreds of examples where Ukrainians are risking their lives for complete strangers and it is only in moments like this that we truly understand what it means to be human.'
Tharoor had earlier criticised India's stance when Russia attacked Ukraine and called for condemnation of the aggression.
'We were in a heavily nuclearised environment. China had tested for Pakistan in the 1980s and helped their missile programme stay just one step behind us.'
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.
As the world continues to rage under the ongoing conflicts in Europe and the Middle East, the two presidential candidates in the United States, Vice President Kamala Harris and former President Donald Trump during the presidential debate hosted by ABC News on Tuesday (local time), presented their views on ending the conflict and Washington, DC's role in it.
Singh and Shoigu held extensive talks, covering the regional security situation and key aspects of bilateral defence relations, including industrial partnership, at a meeting on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) in New Delhi.
Games open in Verona with calls for unity amid wars and athlete absences
With these propositions in mind, India started "some exploratory discussions" he said, adding that it started during Prime Minister Narendra Modi's visit to Italy during G-7, and then during his visit to Moscow.
'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.
"Why do we have to bother ourselves and correct somebody else's mistakes?" Putin asked during an interview.
"... It's time to stop this madness. It's time to halt the killing. It's time to end the senseless war. If you want to end wars, you have to talk to both sides," Trump said.
Trump said the prime minister of Pakistan, who visited him in Washington last year, said that "'President Trump saved 10 million people, and maybe much more than that'. They're both nuclear countries."
In the wake of the FTA between India and the European Union, the United States has described the Europeans as 'very disappointing', saying they were unwilling to join Washington, DC in putting tariffs on New Delhi for its purchases of Russian oil because of this trade deal.
Since May 10, when Trump announced on social media that India and Pakistan had agreed to a "full and immediate" ceasefire after a "long night" of talks mediated by Washington, he has repeated his claim over 60 times that he "helped settle" the tensions between the two neighbours.
Lavrov said that the US has set itself the objective of 'achieving economic domination', adding further to it that Americans want to control the routes to leading countries to provide its energy sources to them.
The US has granted India permission to buy Russian oil already in transit to ease global supply pressures amidst the West Asia conflict. This decision comes after India agreed to halt sanctioned Russian oil purchases and substitute them with US oil.
We have already suffered considerable collateral damage as a result of the war, and its continuance will continue to dampen our prospects for faster economic growth. We have a direct and legitimate interest in its early cessation, counsels former foreign secretary Shyam Saran.
External Affairs Minister S Jaishankar conveyed a strong message to his Polish counterpart Radoslaw Sikorski regarding terrorism and the Ukraine conflict, emphasizing the need for zero-tolerance towards terrorism and criticizing the selective targeting of India.
Trump knows by now that the western narrative of Biden's war is a load of bullshit peppered with falsehoods and outright lies, and that the war erupted only out of the diabolic western plot to poke the bear, which got provoked finally and hit out, explains Ambassador M K Bhadrakumar.
There were apprehensions that additional secondary tariffs would have hit India in case the US decided to enforce them.
Reliance Industries Ltd has consistently remained compliant with international sanctions and is expected to adhere to upcoming measures on Russian oil, analysts said, estimating that oil sourced from Russia contributes just 2.1 per cent to its consolidated EBITDA. Reliance operates the world's largest single location refining complex, with more than half of the capacity exclusively dedicated for exports.
Prime Minister Narendra Modi strongly supported efforts to end the war in Ukraine and conveyed to Russian President Vladimir Putin that India will stand shoulder-to-shoulder in all peace efforts to find an amicable solution to the conflict.
Jubilant Ukraine reach Euro 2024 finals with Iceland win
Zelenskyy confirmed that the soldiers, despite being wounded, have been transported to Kyiv and are now in communication with the Security Service of Ukraine.
While Russia focuses its attack on the east and south of the country, the threat of Russian missile strikes on Kyiv remains.
"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.
'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.'
