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Tag Archives: India

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Russia and India no longer need US dollar – BRICS president

Russia and India don’t need the US dollar in trade, having turned to national currencies to conduct mutual settlements, BRICS International Forum President Purnima Anand told reporters on Wednesday. “We have implemented the mechanism of mutual settlements in rubles and rupees, and there is no need for our countries to …

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ISIS suicide bomber en route to India intercepted – Russia

A person who allegedly plotted to blow himself up to kill a senior Indian politician was intercepted during transit through Russia, the Federal Security Service (FSB) reported on Monday. The would-be suicide bomber was recruited in Turkey by the terrorist group Islamic State (IS, formerly ISIS), the statement said. The …

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India reports first case of monkeypox

India has reported its first monkeypox case as the World Health Organization (WHO) plans to convene an emergency meeting over the global outbreak next week. The patient is a 35-year-old man who had returned from the UAE to the southern Indian state of Kerala on July 12, Veena George, the …

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India may open retail chains in Russia

Talks are underway between Moscow and New Delhi regarding the launch of Indian retail store chains in Russia, Russian President Vladimir Putin said on Wednesday while addressing a BRICS business forum. “Contacts between Russian business circles and the business community of the BRICS countries are being activated. For example, negotiations …

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India’s purchases of Russian oil skyrocket – Reuters

India imported six times as much Russian coal in the 20 days leading up to Wednesday as it did in the same period last year, Reuters reported on Saturday. During that same timeframe, New Delhi’s imports of Russian oil increased by a factor of more than 31. This increase comes …

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India faces wave of widening protests

Angry crowds have taken to the streets of India over the past two days to protest the government’s proposed overhaul of the country’s military recruitment system, which critics say could lead to unemployment and compromised security. As reported by Reuters, protests first flared up in the eastern state of Bihar …

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India tests nuke-capable missile

India has successfully tested its nuclear-capable Agni-4 ballistic missile, with the country’s Defense Ministry calling the trial a “routine” launch. The locally-developed munition is said to be capable of striking targets thousands of miles away.  Carried out from Abdul Kalam Island in the state of Odisha on Monday, the missile …

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India wants more Russian oil – media

India is negotiating with Russian state oil major Rosneft to increase oil supply to the country, Bloomberg reported on Monday citing sources. According to the article, Indian state oil companies and Rosneft are “collectively working on finalizing and securing new six-month supply contracts for Russian crude to India.” The companies …

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Ukraine expects India to lend helping hand – media

Ukraine expects India to provide it with more humanitarian aid, as well as participating in the country’s reconstruction once the fighting is over, Indian newspaper The Hindu reported on Friday, citing diplomatic sources. The article quoted an unnamed – apparently Ukrainian – official as saying that on top of becoming …

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Russian oil exports to India jump 25x

India has received 34 million barrels of discounted Russian oil since February, more than 10 times the value of the total imports from the country year-on-year, Reuters reported on Monday, citing Refinitiv Eikon data. According to the report, more than 24 million barrels of Russian crude were supplied this month, …

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