Indian Prime Minister Narendra Modi and Kremlin head Vladimir Putin met in New Delhi, discussing peace efforts regarding Russia's war against Ukraine and expanding economic cooperation. Agreements on mobility, supplies of Indian products, and the leasing of a submarine are expected.
Putin will pay a state visit to India on December 4-5 for talks with Prime Minister Narendra Modi. The meeting takes place against the backdrop of India continuing to massively buy discounted Russian oil, despite warnings from Washington.
Indian state-owned refineries Indian Oil and Bharat Petroleum are resuming purchases of discounted Russian crude oil at around $5 a barrel. India's total purchases are unlikely to exceed 600,000 barrels per day, with payments made in UAE dirhams and US dollars.
Tokyo has dropped to third place in the ranking of the world's most populous metropolises, ceding to Jakarta, which topped the list. According to a UN report, the number of metropolises has quadrupled since 1975, mainly in Asia.
Oil prices took a breather after last week's decline as investors weigh the chances of a US rate cut and a possible peace deal between Russia and Ukraine. Brent and WTI crude futures hit their lowest levels since October 21.
Air India will resume direct flights between New Delhi and Shanghai from February 1, 2026, returning to mainland China after nearly six years. This comes amid a de-escalation of ties between New Delhi and Beijing.
Trump announced successful talks with Indian Prime Minister Narendra Modi and confirmed his intention to visit India in the near future. The visit is expected to strengthen the strategic partnership between the countries, especially against the backdrop of shared economic and security interests.
Brent and WTI crude futures jumped 3% after the US imposed sanctions on Rosneft and Lukoil, forcing Indian buyers to reconsider purchases. This caused oil prices to rise, but experts doubt a long-term structural shift in the market.
The US is trying to include India's purchases of Russian oil in trade talks, despite growing demand in India. India is pushing for the removal of additional duties on Russian energy, citing energy security.
Chinese leader Xi Jinping and Russian dictator Vladimir Putin will join the virtual BRICS summit organized by Brazil. Indian Prime Minister Narendra Modi will send the foreign minister.
Russia is exploring the possibility of investing in the production of Su-57 fighters in India. New Delhi needs a squadron of fifth-generation aircraft, considering the Su-57 and F-35.
ChatGPT developer, OpenAI, plans to create one of the largest data centers in India. This facility will be part of the global Stargate initiative and the state program IndiaAI.
Chinese leader Xi Jinping hosts Indian Prime Minister Narendra Modi and Russian dictator Vladimir Putin at a security summit. This shows how Xi is trying to turn history, diplomacy, and military might into tools for transforming the world order.
Russian dictator Vladimir Putin began a four-day visit to China, where he will take part in the SCO summit. The Kremlin views the trip as an opportunity to strengthen cooperation with Beijing.
Indian Prime Minister Narendra Modi is visiting China for the first time in seven years, meeting with Xi Jinping and Putin. This visit is a signal to the US amid deteriorating relations over tariffs.
Ukraine has intensified attacks on Russian oil infrastructure, hitting key facilities. This has led to a reduction in Russian oil exports to key partners and a fuel shortage in the Russian Federation.
The 50% tariffs on Indian goods introduced by Donald Trump could reduce India's exports by $37 billion, nullifying billions of dollars saved on Russian oil. This decision will have long-term consequences for India's economy and Prime Minister Modi's political standing.
Brent and WTI oil prices fell after a rise caused by fears of fuel supply disruptions. Traders expect stronger US sanctions against Russian oil and are monitoring the consequences of tariffs imposed against India.
Chinese Ambassador to India Xu Feihong expressed solidarity with India, opposing American tariffs on Indian exports. This move is a sign of warming relations between the two Asian rivals.
Russia expects to retain India as a stable oil client, offering discounts of about 5% off the market price. The US is increasing pressure on India over its purchases of Russian oil, imposing duties and accusing it of supporting "Putin's war."
Chinese refineries increased purchases of Russian Urals oil, taking advantage of India's refusal of preferential batches due to Washington's increased trade tariffs. Urals exports to China almost doubled in August, while they significantly decreased to India.
The visit of US negotiators to India, scheduled for August 25-29, has been canceled. This casts doubt on the autumn deadline for agreeing on a bilateral trade deal.
India supports the upcoming meeting between Donald Trump and Vladimir Putin in Alaska. New Delhi considers the summit a promising step towards ending the war in Ukraine.
The US is doubling tariffs on Indian goods as punishment for purchases of Russian oil. This creates a dilemma for India, which has long-standing relations with Moscow.
Brent and WTI crude futures rose 0. 6% after falling to a five-week low. This happened amid fears of supply disruptions due to US threats to impose tariffs on India for buying Russian oil.
Oil prices surged after US strikes on Iranian nuclear facilities, fueling fears of fuel supply disruptions. Experts predict further price increases if the Strait of Hormuz, a vital shipping lane, is closed.
Pakistan's government has nominated Donald Trump for the 2026 Nobel Peace Prize for his "crucial leadership" in de-escalating the conflict between India and Pakistan. However, India denies US mediation, claiming the ceasefire was achieved through direct talks.
Indian billionaire Sanjay Kapoor dies in Britain after swallowing a bee while playing polo. The likely cause of death is anaphylactic shock, which led to a heart attack.
Iran Air is preparing for the lifting of US sanctions, looking for planes and partners for expansion. The company has contacted various airlines, seeking to conclude code-sharing agreements.
Pakistan is moving troops to the border, indicating plans for escalation. The Indian army declares readiness but advocates for de-escalation.
