Hurting from sanctions on Russia, India is losing faith in the West
By Mihir Sharma | NEW DELHI: On Wednesday, Indian government officials said that state-controlled Indian Oil Corp. had reached a deal to buy 3 million barrels of oil from Russia’s Rosneft Oil Co. at a 20% discount to global prices. This is a drop in the ocean of India’s oil needs, which stood at 4.5 […]
Defence deal: Russia sanctions not at the expense of damaging allies says USA
NEW DELHI: In a guarded reaction, the United States of America (USA) on Friday said its intent to slap sanctions against Russia was not aimed at imposing damage to the military capabilities of its “allies or partners,” shortly after India concluded a deal for purchase of S-400 missile defence system from Russia. Stating that the […]