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US sanctions not to hit India oil trade, says Russian minister

US sanctions not to hit India oil trade, says Russian minister

Tue, Feb 11, 2025

A new wave of US sanctions against the Russian oil sector is unlikely to impact the Kremlin's oil trade with India, Russia's First Deputy Energy Minister Pavel Sorokin said, terming the sanctions as "illegal".

India one of few countries in position to talk to Russia, Ukraine and Israel, Iran: S Jaishankar

India one of few countries in position to talk to Russia, Ukraine and Israel, Iran: S Jaishankar

Tue, Jan 14, 2025

External Affairs Minister S Jaishankar has underlined India's potential role in ending global conflicts, saying that it is one of the few countries that is in a position to hold talks with both Russia and Ukraine, and with Israel and Iran.

Urgent measures needed to reduce trade imbalances with Russia: S Jaishankar

Urgent measures needed to reduce trade imbalances with Russia: S Jaishankar

Mon, Nov 11, 2024

External Affairs Minister S Jaishankar on Monday called for "urgent" measures to address the issue of widening trade deficit between India and Russia.

TRENDING NOW

OPEC, allies set to agree oil cut extension to end of 2018

OPEC, allies set to agree oil cut extension to end of 2018

Thu, Nov 30, 2017

As the 14-country OPEC`s meeting started in Vienna, Saudi Energy Minister Khalid al-Falih said he favoured extending cuts by nine months until the end of 2018. He said it was premature to talk about exiting the cuts at least for couple of quarters and added that OPEC would examine progress at its next meeting in June.

Oil falls on doubts over extending output cuts, surprise rise in US crude stocks

Oil falls on doubts over extending output cuts, surprise rise in US crude stocks

Wed, Nov 29, 2017

Oil prices fell on Wednesday on doubts OPEC and Russia will agree on extending a crude production cut that the market has already priced in, and after a report of an unexpected rise in U.S. crude oil inventories.

US oil dips on increased drilling, but OPEC cuts support global markets

US oil dips on increased drilling, but OPEC cuts support global markets

Mon, Nov 27, 2017

US oil prices dipped on Monday, easing from two-year highs on the prospect of increased U.S. output, although global markets were slightly better supported by expectations an OPEC-led supply cut will be extended.

Oil prices dips on record US exports, but OPEC-led supply cuts lend support

Oil prices dips on record US exports, but OPEC-led supply cuts lend support

Thu, Oct 05, 2017

The declines came after the Energy Information Administration (EIA) said late on Wednesday that US crude oil exports jumped to 1.98 million barrels per day (bpd) last week.

Despite high fuel costs, car sales in India top emerging markets charts

Despite high fuel costs, car sales in India top emerging markets charts

Wed, Sep 20, 2017

Going ahead Moody's expects India’s automobile sales in 2017 to touch the 3.6 million units mark.

All eyes on Trump-Putin dynamics as they meet for first time at G20

All eyes on Trump-Putin dynamics as they meet for first time at G20

Fri, Jul 07, 2017

U.S. President Donald Trump and Russian President Vladimir Putin are set to size each other up in person for the first time on Friday in what promises to be the most highly anticipated meeting on the sidelines of the G20 summit.

Companies hit by global ransomware attack on June 27

Companies hit by global ransomware attack on June 27

Wed, Jun 28, 2017

A global ransomware attack on Tuesday hit computers at Russia`s biggest oil company, Ukraine`s international airport, global shipping firm A.P. Moller-Maersk and the world`s biggest advertising agency WPP .

Russia's Rosoboronexport to sign contract with India for delivery of S-400 Triumf air defence missile systems

Russia's Rosoboronexport to sign contract with India for delivery of S-400 Triumf air defence missile systems

Wed, Jun 21, 2017

Russia will soon sign contract with India for delivery of S-400 Triumf air defence missile systems, which is the most advanced long-range antiaircraft missile system that went into service in Russia in 2007.

Here's list of deals India signed during PM Narendra Modi's latest foreign tour

Here's list of deals India signed during PM Narendra Modi's latest foreign tour

Tue, Jun 06, 2017

PM Narendra Modi during his four-nation visit last week signed numerous MOUs or agreements with Germany, France and Russia right from digitalisation to co-operation on cyber policy to agreement on visa waiver for holders of diplomatic passports, among others.

PM Modi leaves for Germany, followed by Spain, Russia and France; this is what he will do

PM Modi leaves for Germany, followed by Spain, Russia and France; this is what he will do

Mon, May 29, 2017

Prime minister Narendra Modi will begin his six-days visit to four countries-Germany, Spain, Russian and France- from May 29 and will end his journey on June 3.

Natural gas production no longer profitable business, says ONGC chairman & MD Dinesh K Sarraf

Natural gas production no longer profitable business, says ONGC chairman & MD Dinesh K Sarraf

Sat, May 27, 2017

ONGC's head Dinesh K Sarraf has said that producing natural gas is no longer a profitable business for the company as the government-mandated gas price is significantly below the cost of production.

Gitanjali Gems among 3 Indian brands in world's top 50 luxury goods cos list

Gitanjali Gems among 3 Indian brands in world's top 50 luxury goods cos list

Sun, May 21, 2017

Three Indian brands namely Gitanjali Gems, Titan and PC Jeweller have been named in the list of top 50 luxury goods firms globally that was topped by Louis Vuitton.

Russia blocks China's social media app WeChat: Report

Russia blocks China's social media app WeChat: Report

Sat, May 06, 2017

Russia's regulator Roskomnadzor has blocked China's social media app WeChat developed by Tencent Holdings.

Global shipments of personal computers fall 2.4% in first quarter of 2017: Gartner

Global shipments of personal computers fall 2.4% in first quarter of 2017: Gartner

Wed, Apr 12, 2017

Gartner on Wednesday said the worldwide PC shipments for the first time in a decade fell 2.4% to 62.2 million units in Q1 of 2017 on account of decline in consumer demand.

Gold hits five-month high, geopolitical worries drive flight to safety

Gold hits five-month high, geopolitical worries drive flight to safety

Wed, Apr 12, 2017

Gold hit a 5-month high on Wednesday after rising nearly 2 percent in the previous session, with investors seeking refuge in safe-haven assets due to rising tensions over U.S. relations with Russia and North Korea.

BRICS bank to issue up to $500 million in masala bonds

BRICS bank to issue up to $500 million in masala bonds

Thu, Mar 30, 2017

The offering comes after the bank sold three billion in yuan-denominated green bonds ($435.5 million) on China's interbank market last year aiming to support clean and renewable energy use to reduce carbon emissions.

Engineering exports likely to reach over $60 billion this fiscal: Nirmala Sitharaman

Engineering exports likely to reach over $60 billion this fiscal: Nirmala Sitharaman

Thu, Mar 16, 2017

During Sitharaman's meeting with Russian Industry and Trade Minister Denis Manturov, both the sides deliberated upon ways to further boost the two-way commerce which stands at $6.62 billion currently.

US oil rises after dropping below $50 for first time since December

US oil rises after dropping below $50 for first time since December

Fri, Mar 10, 2017

US crude oil prices edged up on Friday for the first time after dropping below $50 per barrel since December in the previous session.

Britannia signs MoU with Greek bakery company Chipita; in talks to form joint venture

Britannia signs MoU with Greek bakery company Chipita; in talks to form joint venture

Tue, Feb 21, 2017

Britannia on Tuesday said it has signed an memorandum of understanding (MoU) with Greece's cakes and confectionery major Chipita and it is in talks with the company to finalise joint venture.

OPEC could extend or deepen supply cut if oil glut persists: Sources

OPEC could extend or deepen supply cut if oil glut persists: Sources

Fri, Feb 17, 2017

The organisation of petroleum exporting countries (OPEC) could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to a targeted level.

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