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Urgent measures needed to reduce trade imbalances with Russia: S Jaishankar

Urgent measures needed to reduce trade imbalances with Russia: S Jaishankar

Mon, Nov 11, 2024

External Affairs Minister S Jaishankar on Monday called for "urgent" measures to address the issue of widening trade deficit between India and Russia.

US Requests India to Leverage Russia Ties to Urge Putin to End Ukraine War

US Requests India to Leverage Russia Ties to Urge Putin to End Ukraine War

Tue, Jul 16, 2024

The United States has called on India to use its diplomatic relationship with Russia to persuade President Vladimir Putin to cease the ongoing conflict in Ukraine. This move underscores the importance of international efforts to bring about a resolution to the war.

India, Russia eye $100 billion trade by 2030, cooperation in energy, agriculture

India, Russia eye $100 billion trade by 2030, cooperation in energy, agriculture

Wed, Jul 10, 2024

This to achieve mutually agreed trade volume of more than USD 100 billion by 2030, including increased supplies of goods from India to achieve balanced bilateral trade. Also, reinvigoration of investment activities within the framework of the special investment regimes was agreed.

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Thai Airways to probe jet engine maker Rolls-Royce corruption

Thai Airways to probe jet engine maker Rolls-Royce corruption

Thu, Jan 19, 2017

Thailand`s flagship airline on Thursday said it had launched a probe into revelations that Rolls-Royce paid millions of dollars in bribes to win contracts, including to airline employees and government officials.

OPEC oil output inches down after November deal

OPEC oil output inches down after November deal

Wed, Jan 18, 2017

OPEC oil production fell in December but remains well above levels envisaged under a recent deal due to take effect from January, the cartel`s new monthly report showed on Wednesday.

OPEC chief confident in commitment, enthusiasm for output cut deal

OPEC chief confident in commitment, enthusiasm for output cut deal

Sat, Jan 14, 2017

"I remain confident... with the level of commitment and enthusiasm that I have seen among the 24 participating countries whom I am in regular contact with that this historic and landmark decision will be implemented fully," Mohammed Barkindo told Reuters in an interview in Abu Dhabi.

Know everything about Agni-V missile that India test-fired today

Know everything about Agni-V missile that India test-fired today

Mon, Dec 26, 2016

India on Monday has successfully test-fired intercontinental surface-to-surface nuclear capable ballistic missile Agni-V from the Abdul Kalam Island in the Odisha state.

Oil prices rise in anticipation of tighter 2017 market

Oil prices rise in anticipation of tighter 2017 market

Mon, Dec 19, 2016

Oil prices inched up on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices.

FPI bearish stance continues; net outflow at Rs 19,500 crore

FPI bearish stance continues; net outflow at Rs 19,500 crore

Sun, Dec 18, 2016

Foreign investors have pulled out more than Rs 19,500 crore from the capital market this month so far amid rate hike by the US Federal Reserve and higher oil prices.

Donald Trump likely to name Exxon Mobil's CEO Rex Tillerson as secretary of state

Donald Trump likely to name Exxon Mobil's CEO Rex Tillerson as secretary of state

Sun, Dec 11, 2016

US President-elect Donald Trump is expected to name the chief executive of Exxon Mobil Corporation as the country`s top diplomat, a source familiar with the situation said on Saturday, an appointment that would put in place an official with close ties to the Russian government.

OPEC, non-OPEC agree first global oil pact since 2001

OPEC, non-OPEC agree first global oil pact since 2001

Sun, Dec 11, 2016

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.

Saudis order oil cuts to US, Europe before non-OPEC talks

Saudis order oil cuts to US, Europe before non-OPEC talks

Sat, Dec 10, 2016

Saudi Arabia has told its US and European customers it will reduce oil deliveries from January, as Russia said it was confident non-OPEC producers would fully join OPEC`s output limits on Saturday in the first such move since 2001.

OPEC to push for non-member oil cuts

OPEC to push for non-member oil cuts

Sat, Dec 10, 2016

OPEC will seek on Saturday to persuade other oil producers to lower production as part of a newly struck global pact to stem a crude glut and lift painfully low prices.

Putin, Iran's Rouhani back OPEC bid to stabilise oil prices

Putin, Iran's Rouhani back OPEC bid to stabilise oil prices

Tue, Nov 29, 2016

Russian President Vladimir Putin and his Iranian counterpart Hassan Rouhani on Monday expressed support for OPEC`s plans to limit the cartel`s output ahead of a crucial meeting this week.

Oil prices fall further in Asia, yen gains hit Tokyo

Oil prices fall further in Asia, yen gains hit Tokyo

Mon, Nov 28, 2016

Oil prices sank further in Asian trade on Monday on fears a planned cut in output will not be agreed by top producers this week, while the dollar retreated against most of its peers after its recent surge.

Russia bans LinkedIn after court finds it violating data storage law

Russia bans LinkedIn after court finds it violating data storage law

Thu, Nov 17, 2016

Russia's communication regulator has started blocking Linkedin after the court ruling found the US firm guilty of breaking the law.

Demonetisation decision will help fight economic terrorism:MEA

Demonetisation decision will help fight economic terrorism:MEA

Thu, Nov 10, 2016

Welcoming the decision to demonetise Rs 500 and Rs 1000, a top External Affairs Ministry official on Thursday said it will go a long way in fighting "economic terrorism" by checking use of black money for funding "subversive activities".

US presidential election offers little cause for alarm: JPMorgan AM's Michele

US presidential election offers little cause for alarm: JPMorgan AM's Michele

Thu, Nov 03, 2016

The US presidential election is unlikely to be a major risk for financial markets as Congress is likely to put a brake on many policies, whoever wins, the fixed income chief investment officer of JPMorgan Asset Management said on Wednesday.

Clinton, Trump spar over gun control, Russia, immigration in final debate

Clinton, Trump spar over gun control, Russia, immigration in final debate

Thu, Oct 20, 2016

Democratic nominee Hillary Clinton and her Republican rival Donald Trump went head-to-head in the final presidential debate on Wednesday sparring over various issues including gun control, immigration and Russia.

Oil rises on reported US crude inventory draw, expected OPEC cut

Oil rises on reported US crude inventory draw, expected OPEC cut

Wed, Oct 19, 2016

Oil prices rose over 1% on Wednesday, lifted by a report of falling US crude inventories and an OPEC statement saying a planned production cut was achievable, but analysts warned that Chinese economic data could erode bullish momentum.

India, Russia sign 16 agreements across multiple sectors

India, Russia sign 16 agreements across multiple sectors

Sat, Oct 15, 2016

India and Russia on Saturday signed 16 agreements across multiple sectors following delegation-level talks co-chaired by Prime Minister Narendra Modi and Russian President Vladimir Putin in Goa.

Russia's Rosneft, partners to invest nearly $13 billion in India's Essar Oil:CEO

Russia's Rosneft, partners to invest nearly $13 billion in India's Essar Oil:CEO

Sat, Oct 15, 2016

A group led by Russian oil major Rosneft will invest around $12.9 billion (nearly Rs 85,820.5 crore) in India's Essar Oil, Chief Executive Igor Sechin told reporters on Saturday.

India, Russia sign key defence, economic pacts

India, Russia sign key defence, economic pacts

Sat, Oct 15, 2016

India and Russia on Saturday signed 16 key agreements, including a pact on missile sales and a joint venture (JV) for manufacturing helicopters, as the two countries further boosted their military ties.

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