ONGC group refineries will continue purchasing Russian oil as long as it is financially viable, chairman Arun Kumar Singh said on Friday. “As long as it’s economical, we will keep buying every drop (of Russian oil) that comes to the market,” Singh told reporters, as quoted by Economic Times. Its subsidiaries Mangalore Refinery and Petrochemicals Ltd (MRPL) and Hindustan Petroleum …
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‘Trump’s way of dealing with world a departure’: Jaishankar says recent experience taught India to not rely on a single market; asserts strategic autonomy – Times of India
Jaishankar highlighted how Trump’s methods represent a significant shift, particularly in the use of tariffs for both trade and non-trade purposes. External Affairs Minister S Jaishankar has highlighted that India’s recent experience taught the country the importance of avoiding reliance on a single supply chain or market. He advised industries to adopt diversification as a strategic approach.Speaking at the ET …
Read More »‘We have red lines…’: Jaishankar’s clear message on India-US trade deal; slams ‘sanctions’ on Russia oil, says ‘if you don’t like it, don’t buy it’ – Times of India
Acknowledging issues in trade deal talks with the Donald Trump administration, Jaishankar said that India has its ‘red lines’. Amidst ongoing tensions between India and the US on trade deal stalemate and the former’s continued Russia crude oil purchases, external affairs minister S Jaishankar has made it cleat that India’s policies will be in its national interest.At the Economic Times …
Read More »‘Tariffing India won’t stop Putin’: Democrats rip into Trump’s tariff move; urge military aid for Ukraine – Times of India
Democrats rip into Trump’s tariff move (Picture credit: AP) Democrats on the US House Foreign Affairs Committee have sharply criticised the Trump administration’s warning of higher tariffs on India if talks with Russian President Vladimir Putin fail to produce results.Responding on social media platform X to comments by US treasury secretary Scott Bessent, the Committee wrote: “Tariffing India won’t stop …
Read More »‘Oil prices would have hit $120-130’: India says its oil imports from Russia helped global markets; Hardeep Puri hits out at critics – Times of India
Addressing critics of India’s Russian oil imports, Puri noted that certain commentators make unwarranted criticisms of Indian policies. (AI image) India’s ongoing crude oil imports from Russia have contributed to global energy price stability, according to Petroleum and Natural Gas Minister Hardeep Puri. He has said that discontinuing Russian oil trade would have caused crude prices to surge beyond $120-130 …
Read More »UK boosts weapons production capacity in new defence strategy | Business – Times of India
LONDON: Britain will invest £1.5 billion ($2 billion) in new weapons factories to ramp up defence production capacity, the government said on Saturday, ahead of a major review of its armed forces and military strategy.The Strategic Defence Review, due to be published Monday, will assess the threats facing the UK amid Russia’s ongoing war in Ukraine and pressure from US …
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