Following claims made by the White House that India has "committed to stop directly or indirectly importing" oil from Russia, as per the interim framework between the US and India trade agreement, the Ministry of External Affairs on Saturday reiterated its stance on the issue, noting that
Speaking to reporters, Chaturvedi said the deal appeared uneven, noting differences in tariffs: the US will cut tariffs on Indian goods to 18%, while India will eliminate or reduce tariffs on US industrial and agricultural products.
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.
Chairman of Congress' Media and Publicity Department, Pawan Khera, on Saturday called the framework of the India-US trade deal a "humiliating failure", alleging that under pressure, India has decided to open up the agricultural market and halt the import of Russian oil.
Congress MP Jairam Ramesh on Saturday said that the Opposition parties will discuss the India-US trade deal framework in the Parliament during the ongoing Budget Session.
According to an official release, the vessels involved devised a method to smuggle large volumes of cheap oil and oil-based cargo from conflict-ridden countries and profit by mid-sea transfer to motor tankers in International waters.
Congress MP Jairam Ramesh on Saturday criticised the announced framework for the India-US trade deal, raising concerns over India's purchase of oil from Russia as the White House confirmed that India had agreed to stop importing Russian oil.
Announcing the elimination of the additional tariffs imposed on India for purchase of Russian Oil the White House confirmed that India had agreed to stop importing Russian Oil
In an executive order issued by President Donald J. Trump, the United States announced the termination of the additional tariff imposed in August 2025 on Indian imports, citing concerns about Russia's actions against Ukraine and India's then-imports of Russian oil.
Crisil expected CPI inflation (for the 2011-12 series) to rise to 5% in the next fiscal, driven by the normalisation of food inflation from deflationary levels in the current fiscal. However, non-food inflation is expected to remain benign, supported by lower crude oil prices and the continu