Russia backs India, Brazil for permanent membership in UN Security Council
UNITED NATIONS: Russia has voiced its support for India and Brazil as worthy candidates for permanent membership in the UN Security Council, calling them key international actors. During the 77th Session of the UN General Assembly, Russian Foreign Minister Sergey Lavrov on Saturday expressed his support for India, becoming a permanent member of the Security […]
Many countries interested in bilateral rupee trade: India
NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday said many countries have evinced interest for bilateral trade in the rupee after the RBI announced a mechanism recently. Speaking at Hero Mindmine Summit, she said this along with other steps taken by the government is towards full capital account convertibility. “It isn’t the ruble-rupee which was […]
India probably buys less oil from Russia in a month that what Europe does in an afternoon: Jaishankar
NEW DELHI: India’s total purchase of oil from Russia in a month is probably less than what Europe does in an afternoon, External Affairs Minister S Jaishankar has said. “I noticed you refer to oil purchases. If you are looking at energy purchases from Russia, I would suggest that your attention should be focused on […]
USA says India is a bit shaky in terms of dealing with aggression of Russia
WASHINGTON: India is a bit shaky in terms of showing support against the Russian invasion of Ukraine, US President Joe Biden has said asserting that most American friends and allies have presented a united front in terms of dealing with Vladimir Putin’s “aggression”. On February 24, Russian forces launched military operations in Ukraine, three days […]
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 […]
Sanctions on Russia unlikely to trouble Indian defence sector: Niti Aayog member
NEW DELHI: India’s defence sector will not face any problems because of the western sanctions on Russia as Moscow has an inherent military strength and is self-sufficient in its production capabilities, Niti Aayog member V K Saraswat said on Wednesday. Russia is one of biggest suppliers of defence products and equipment to India mostly under […]
Elon Musk activates Starlink internet service in Ukraine
Elon Musk said Saturday his company SpaceX’s Starlink satellite broadband service had been activated in Ukraine, after a Kyiv official urged the tech titan to provide his embattled country with stations. “Starlink service is now active in Ukraine,” Musk tweeted, adding “more terminals en route.” The tweet came some 10 hours after Ukrainian Minister of […]
Daleep Singh, a Indian-American economic advisor who is leading Joe Biden’s administration in executing sanctions on Russia
NEW DELHI: Indian-American economic advisor Daleep Singh is leading the efforts of the Biden administration to impose punitive sanctions on Russia over its actions against Ukraine. Russian President Vladimir Putin on Monday signed decrees to recognise Ukraine’s regions of Donetsk and Luhansk People’s Republics as independent, escalating the tension in the region and increasing fears […]
India receives 1st consignment of 1.5 lakh Sputnik V Covid-19 vaccine doses from Russia
NEW DELHI: India on Saturday received the first consignment of 1.5 lakh doses of Sputnik V COVID-19 vaccine from Russia as the country embarked on the third phase of the vaccination drive against the infection. The Central Board of Indirect Taxes and Customs (CBIC) in a tweet said that the customs department cleared expeditiously the […]
Imposing sanctions on India would be victory for Russia: Republican Senator
WASHINGTON: A top Republican Senator has said that imposing CAATSA sanctions on India for buying the multi-billion-dollar S-400 missile system from Russia would be a geostrategic victory for Moscow. Senator Todd Young, a member of the Senate Foreign Relations Committee, wrote in the Foreign Policy magazine that if the Joe Biden administration imposes sanctions on […]
Russia to jointly produce Sputnik V vaccine for Covid-19 with India
NEW DELHI: Russian envoy to India Nikolay Kudashev on Monday said Moscow will jointly produce the Sputnik V vaccinefor COVID-19 along with New Delhi and it will be manufactured by Indian pharma major Dr Reddy’s Laboratories. “We are working very hard to fight COVID-19 together with India, and are now advancing to jointly produce Sputnik […]
Donald Trump downplays Russia in first comments on hacking campaign
By JILL COLVIN and MATTHEW LEE WASHINGTON:Contradicting his secretary of state and other top officials, President Donald Trump on Saturday suggested without evidence that China — not Russia — may be behind the cyber espionage operation against the United States and tried to minimize its impact. In his first comments on the breach, Trump scoffed […]
Turning the page? Republicans acknowledge Joe Biden’s victory
By WILL WEISSERT WASHINGTON:More than a month after the election, top Republicans finally acknowledged Joe Biden as the next U.S. president on Tuesday, a collapse in GOP resistance to the millions of voters who decisively chose the Democrat. Foreign leaders joined the parade, too, including Russia’s Vladimir Putin. Speaking from the floor of the U.S. […]
Finally,Russia and Mexico congratulate Joe Biden after long silence
Russian President Vladimir Putin sent Joe Biden a congratulatory telegram after the Electoral College formalized his victory in the November 3 election, making him among the last world leaders to recognize the US president-elect. Beside Russian President, Mexico’s President Andres Manuel Lopez Obrador on Tuesday said he had congratulated Joe Biden on his U.S. presidential […]
Dr Reddy’s to acquire select brands from Glenmark in Russia, Ukraine
NEW DELHI: Dr Reddy’s Laboratories on Saturday said it has inked a pact with Glenmark Pharmaceuticals to acquire its select anti-allergy brands in Russia, Ukraine, Kazakhstan and Uzbekistan. The Hyderabad-based company has entered into a definitive agreement with Glenmark to acquire brands Momat Rino (for Russia, Kazakhstan and Uzbekistan), Momat Rino Advance (for Russia), Momat […]
Pharma firm in India to make Russia’s Sputnik V COVID-19 vaccine
MOSCOW:Indian pharmaceutical company Hetero will manufacture over 100 million doses of the Russian Sputnik V COVID-19 vaccine per year under the terms of a deal unveiled on Friday between it and Russia’s RDIF sovereign wealth fund. The move, which RDIF cast as another step in its efforts to scale up international manufacturing of its flagship […]