Congress MP Karti Chidambaram on Monday took a dig at the Centre after Union Commerce Minister Piyush Goyal said the External Affairs Ministry would provide information on India's purchase of Russian oil, amid the announcement of the framework for the Bilateral Trade Agreement (BTA) betwe
Congress General Secretary Jairam Ramesh on Saturday slammed the Prime Minister Narendra Modi-led NDA government, alleging that the Centre has agreed to US monitoring of India's import of Russian oil as part of the interim framework agreement of the deal.
White House Press Secretary Karoline Leavitt on Tuesday (local time) claimed that India has committed to ending its purchases of Russian oil and will instead source crude from the United States, potentially from Venezuela under the newly announced trade agreement between the two countries
Congress MP Manish Tiwari on Tuesday questioned whether New Delhi has sacrificed its strategic autonomy to seal the trade deal with Washington, which would require India to divert its oil purchases from Russia to the US and "potentially" to Venezuela.
US Senator Lindsey Graham on Monday (local time) claimed that India has "earned" the reduction in tariffs under the newly announced India-US trade deal, linking the move to the decrease in Russian oil purchases by New Delhi amid the ongoing war in Ukraine.
Following the announcement of the India-US trade deal, where the US reduced the tariffs on India to 18 per cent, a White House official on Monday (local time) confirmed to ANI that Washington will also drop the additional 25 per cent tariff on Indian imports imposed due to New Delhi's pur
US President Donald Trump on Monday said he and Prime Minister Narendra Modi "have agreed to a Trade Deal" between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%.
"I don't know the implications. I don't know what understanding has arrived at between India and the United States. We should buy oil wherever it's available, whether it's Russia, Venezuela, or whatever," Chidambaram told ANI.
Bessent told Politico that Indian refinery purchases of Russian oil have "collapsed" due to US tariffs, hinting that, while tariffs remain in place, a diplomatic "path" exists to remove them, provided India shifts its energy sourcing and asserted that these trade measures provide tangible
US President Donald Trump on Tuesday (local time) reiterated his good relationship with Prime Minister Narendra Modi; however, he underscored PM Modi's unhappiness over the high tariffs imposed on India for purchasing Russian oil.