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India pivots away from Russian arms, but will retain strong ties

India pivots away from Russian arms, but will retain strong ties

Mon, Jan 29, 2024

That view comes despite Moscow's offers, described by four Indian government sources, among them a senior security official who recently retired, as including platforms such as the most advanced Kamov helicopters and Sukhoi and MiG fighter jets, with the added fillip of joint manufacturing in India.

India's goods & services exports marginally up in 2023

India's goods & services exports marginally up in 2023

Sun, Jan 21, 2024

According to international trade experts, if these challenges are prolonged, it will have major implications on global trade.

Russia Eyes Indian Tech Solutions: 'Best and Most Updated', Says Russian Minister

Russia Eyes Indian Tech Solutions: 'Best and Most Updated', Says Russian Minister

Fri, Jan 19, 2024

Russia's Moscow City Minister Sergey Cheremin, during talks with Indian officials, called for increased Russian involvement in India's infrastructure, software, and smart city projects. He praised India's "best and most updated solutions" based on global technology advancements, suggesting potential synergy for both nations.

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North Korea to welcome Russian tourists, the country's first since the pandemic, report says

North Korea to welcome Russian tourists, the country's first since the pandemic, report says

Fri, Jan 12, 2024

Russian tourists reportedly going on a ski trip to North Korea will be the first international travelers to visit the country since its borders closed in 2020 amid the global pandemic lockdown.

Citigroup profit to take $3.8 billion hit on charges, reserves

Citigroup profit to take $3.8 billion hit on charges, reserves

Thu, Jan 11, 2024

The company recorded a charge of about $1.7 billion to replenish a Federal Deposit Insurance Corp fund that was drained after the collapses of Silicon Valley Bank and Signature Bank.

Watch: Russian Indologist Wows S Jaishankar with Speech on Ramcharitmanas

Watch: Russian Indologist Wows S Jaishankar with Speech on Ramcharitmanas

Fri, Dec 29, 2023

During a roundtable event with Indologists in St Petersburg, India's External Affairs Minister S Jaishankar was treated to a unique experience - a speech in Hindi praising ancient Indian literature and poetry, delivered by a Russian Indologist. This unexpected display of language skills and cultural appreciation impressed the Minister.

Jaishankar Meets Putin: India-Russia Ties Strengthen, Trade and Nuclear Projects Advance

Jaishankar Meets Putin: India-Russia Ties Strengthen, Trade and Nuclear Projects Advance

Thu, Dec 28, 2023

External Affairs Minister S Jaishankar and Russian President Vladimir Putin discussed growing India-Russia ties during a meeting in Moscow. Jaishankar conveyed greetings from Prime Minister Modi and highlighted progress in areas like trade (reaching $50 billion) and nuclear energy (Kudanulam project advancements). The meeting builds on earlier discussions with Foreign Minister Lavrov on various global issues.

Yekaterina Duntsova barred from running against Putin in election

Yekaterina Duntsova barred from running against Putin in election

Sun, Dec 24, 2023

The Kremlin says Putin will win because he enjoys genuine support across society, with opinion poll ratings of around 80 per cent.

Hyundai Motor to sell Russia plant for token sum, taking $219 million hit

Hyundai Motor to sell Russia plant for token sum, taking $219 million hit

Tue, Dec 19, 2023

The automaker said in a statement that it is currently making final arrangements with Russia's Art-Finance to agree a deal.

Russian President Vladimir Putin says he will run for President again in 2024

Russian President Vladimir Putin says he will run for President again in 2024

Sun, Dec 10, 2023

Presidential elections in Russia on March 17, will Putin become the President of Russia again?

Currency clashes sour Russia's oil trade with Asia

Currency clashes sour Russia's oil trade with Asia

Mon, Nov 27, 2023

The problems flared when India - which has become Russia's biggest buyer of seaborne oil since European customers retreated - insisted in July on paying in rupees and the trading activity nearly fell apart, according to three sources familiar with the matter.

Russian consumers feel themselves in a tight spot as high inflation persists

Russian consumers feel themselves in a tight spot as high inflation persists

Fri, Nov 24, 2023

Russia's Central Bank has raised its key lending rate four times this year to try to get inflation under control and stabilize the ruble's exchange rate as the economy weathers the effects of Russia's military operation in Ukraine and the Western sanctions imposed as a consequence.

Japanese troops drill on island seen as vulnerable to China

Japanese troops drill on island seen as vulnerable to China

Sun, Nov 19, 2023

The 43.5 trillion yen ($290 billion) in planned spending will go to new weapons such as longer-range missiles as well as to increase stocks of spare parts and munitions to fight a sustained conflict.

In wartime Russia, soaring prices bite as election looms

In wartime Russia, soaring prices bite as election looms

Thu, Nov 16, 2023

The family did not want to discuss politics, Ukraine or who was to blame for the price rises so it is not immediately clear just what longer-term impact the tougher conditions will have on voting in Russia.

Google fined $164,000 for failing to store user data inside Russia

Google fined $164,000 for failing to store user data inside Russia

Tue, Nov 14, 2023

Google's Russian subsidiary has been under pressure in Russia for failing to delete content Moscow deems illegal and for restricting access to some Russian media on YouTube.

Russia's VTB in Europe changes name as it liquidates

Russia's VTB in Europe changes name as it liquidates

Thu, Nov 09, 2023

The Direktbank division that served retail savers has closed with its last customer - who used VTB for a deposit for a garden shed.

NATO allies condemn Russia's withdrawal from CFE treaty, will suspend its operation

NATO allies condemn Russia's withdrawal from CFE treaty, will suspend its operation

Wed, Nov 08, 2023

Sullivan said that despite Moscow's continued disregard for arms control, the United States and its allies will remain committed to effective conventional arms control.

World leaders seek pause to Israel-Hamas fighting to allow aid into Gaza

World leaders seek pause to Israel-Hamas fighting to allow aid into Gaza

Wed, Oct 25, 2023

United Nations Secretary-General Antonio Guterres last week called for an immediate humanitarian ceasefire in Gaza.

German wholesale prices fall sharpest in 3 years

German wholesale prices fall sharpest in 3 years

Tue, Oct 17, 2023

Wholesale prices for some foods, on the other hand, continued to rise sharply in September, up more than 10 per cent from a year earlier.

Putin to visit China to deepen 'no limits' partnership with Xi

Putin to visit China to deepen 'no limits' partnership with Xi

Sun, Oct 15, 2023

Putin and Xi share a broad worldview, which sees the West as decadent and in decline just as China challenges U.S. supremacy in everything from quantum computing and synthetic biology to espionage and hard military power.

China saves billions of dollars from record-sanctioned oil imports

China saves billions of dollars from record-sanctioned oil imports

Wed, Oct 11, 2023

China shipped in a record 2.765 million barrels per day (bpd) of crude by sea from Iran, Russia and Venezuela in the first nine months of 2023, according to an average of data provided by tanker trackers Vortexa and Kpler.

Indian-American lawmakers push for India to align with US in Ukraine War

Indian-American lawmakers push for India to align with US in Ukraine War

Sun, Oct 08, 2023

All five Indian-American lawmakers have condemned the Russian invasion of Ukraine and supported the military assistance to help Ukraine defend itself.

Russian rouble hovers close to 100 vs dollar

Russian rouble hovers close to 100 vs dollar

Thu, Oct 05, 2023

Energy revenues are likely to continue recovering in October due to tax changes and high commodity prices.

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