Moscow: Russia has formed a new Quad like the US. It has been named the Afghanistan Quad. Its aim is to work with the powerful countries of the region on the future of Afghanistan. Now Russia wants India to join this Afghanistan Quad.
India's efforts to pare back a longstanding reliance on Russian military hardware is bearing fruit after the courting of new Western allies and a rapidly growing domestic arms industry, analysts say.
India will be hit the hardest by the sanctions, more so than China which has also been snapping up Moscow's cheap oil, said analysts. The South Asian nation imports a significant 88% of its oil needs, with around 40% of that figure coming from Moscow.
India’s state refiners are rushing to speed up payments for Russian crude, hoping to complete their trades before a dramatic expansion of Washington’s curbs on Moscow’s oil industry effectively comes into force next month, people familiar with the ...
The Indian government has taken up the issue with Russian authorities regarding the death of an Indian from Kerala serving in the Russian military and
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by the West. That may be about to change.
India has allowed Russian insurer Soglasie Insurance Company to provide marine cover to tankers entering Indian ports, according to Indian ship regulator's website, as New Delhi wants steady supply of cheaper Russian oil despite latest U.
India and Afghanistan have taken a significant step in securing their first high-level bilateral engagement. No foreign government, including India, officially recognizes the Taliban regime.
Petroleum Minister Hardeep Singh Puri said India’s oil supply chain is secure despite US sanctions on Russian oil, adding that discounted supplies may reduce but ample global oil ensures stability.
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Oil refiners in India are reaching for all available options in the rush to make up for Russian flows hit by Washington’s latest round of sanctions,
Last year, the central banks of India and Indonesia signed a memorandum of understanding on using local currencies for trade.