Page 6 - India Russia

Top headlines: China lockdown impacts TaMo; Revlon files for bankruptcy

Business Standard brings you the top headlines on Thursday

Delivery of S-400 missile systems to India proceeding well: Russian envoy

The comments of the envoy came amid concerns in New Delhi over possible delays in the supply of major military hardware to India by Russia in view of its military invasion of Ukraine

Iran starts transfer of Russian goods to India by using new trade corridor

Since Russia was sanctioned over its war on Ukraine, Iranian officials have been keen to revive a stalled project to develop North-South Transit Corridor that uses Iran to link Russia to Asian markets

'No political messaging' in India importing Russian oil: Jaishankar

If Europe manages to procure oil and gas from Russia in a way to ensure that the impact on its economy is not traumatic, that freedom should exist for others too, S Jaishankar said on Friday.

Explained: How Indian diaspora decided to say 'dasvidania' to Moscow

Employed in Russia, 'corporate refugees' with roots in India seek a haven in Dubai

India's Russian revolution in oil: Why refiners are buying more Urals crude

Refiners have jumped on to the bandwagon of opportunistic buying of heavily discounted Urals crude, which could, ironically, make the country Europe's refining hub

Pvt refiners profit from cheap Russian crude, state refiners suffer: Report

While many Western buyers are avoiding Russian crude in response to its invasion of Ukraine, Indian private refiners such as Reliance and Nayara have been among the biggest buyers this year

More Russian oil than ever before heading for China, India amid sanctions

Asia overtook Europe as the largest buyer for the first time last month, and that gap is set to widen in May

India to keep buying 'cheap' Russian oil, discount to be finalised: Report

The official also said India was increasing its dependence on coal due to surging power demand, adding that state-run Coal India will produce more coal in the coming months.

Putin seeks expert group on trade payments with allies, 'unfriendly' states

The group will look into payment terms in roubles and other national currencies with India and other Russian partners, although countries were not named.

Controversy over India's decision to buy Russian crude is overblown

Because the economics and logistics don't work out for Indian refiners to accept larger volumes

India says sudden halt to Russian oil imports would hurt citizens

The European Union, the biggest buyer of Russian energy, on Wednesday proposed phasing out imports of Russian crude within six months and refined products by end-2022

India wants Russia to discount its oil to below $70 a barrel amid war

India is trying to get deeper discounts on Russian oil to compensate for the risk of dealing with the OPEC+ producer as other buyers turn away, according to people with knowledge of the matter

How much value Russia is adding to ONGC subsidiary OVL's product basket

ONGC subsidiary OVL derives significant value from its oilfields in that country

India believes there will be no winner in Russia-Ukraine conflict: PM Modi

He also said India is also concerned about the humanitarian consequences of the conflict

West notwithstanding, imports from Russia jump 33% to $1.1 bn in March

India's exports to Moscow fall 75% in March over Feb

ONGC struggling to move Russian oil to Asia as sanctions bite: Report

Several Indian companies including ONGC have stakes in Russian oil and gas assets, and India has been buying more Russian crude since Moscow invaded Ukraine

Russia and India in talks to restart coking coal supplies: Report

Imports make up around 85% of India's overall coking coal needs, which total 50-55 million tonnes a year, and New Delhi last year signed a deal to import from Russia.

US discourages India's reliance on Russia for defence needs: Pentagon

We've been very clear with India as well as other nations that we don't want to see them rely on Russia for defence needs. We've been nothing but honest about that and discouraging that: Pentagon

US slams China's support for Russia, pledges to help India with weapons

China said this week it plans to continue strengthening strategic ties with Russia, showing the relationship remains solid despite growing concerns over war crimes committed by Putin's forces