India's November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its smallest share in three quarters, ship tracking data obtained from sources showed.Refiners in India have been gorging on cheaper Russian oil despite problems posed by sanctions aimed at reducing Moscow's oil revenue to fund its war in Ukraine.
Russia's friends — or frenemies — aren't all pariah states. Some of them enjoy good relations with the West, too.
India’s state oil refiners are finding it hard to buy the volume of Russian crude they need, according to people familiar with the matter.
Three BRICS countries including Russia are reportedly now one in sending a message to US President-elect Donald Trump about the economic bloc's alleged de-dollarization efforts.
Russia is increasingly adopting cryptocurrencies for international payments to counter Western sanctions and reduce dependence on the US dollar. Recent legislative changes have legalized the use of digital currencies in foreign trade.
Indian Prime Minister Narendra Modi has sought to maintain close relationships with several global poles of influence, including Russia and Washington.
MOSCOW. Dec 24 (Interfax) - Russia doubled exports of agricultural products to India year-on-year to over $2.3 billion in January-November 2024, the Agriculture Ministry's Agroexport center said, citing analysts.
India’s foreign policy, among other factors, in the last three decades has brought us economic growth and resilience, making it the fifth largest economy in the world. There is no need to put all
Analysts suggest New Delhi wants to avoid being eclipsed by Beijing as Russia increasingly relies on China amid a changing world order.
Moscow recently hosted the XV India-Russia Business Dialogue, an event aimed at strengthening the strategic partnership between India and Russia. Over 700 business representatives attended the event to discuss new opportunities for collaboration in trade,
Russia's natural-gas transit deal with Ukraine is set to expire soon, which would cut billions in revenue.
India's November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its smallest share in three quarters, ship tracking data obtained from sources showed.