"If you put secondary sanctions on a country - let's say you were to go after the oil sales of Russian oil to China. Well, China just refines that oil. That oil is then sold into the global marketplace, and anyone who's buying that oil would be paying more for it or, if it doesn't exist, w
Renowned economist and Columbia University Professor Jeffrey Sachs has strongly criticised the United States administration's tariffs, terming them as pressure tactic on India.
"Munir ke nuclear threat se koi darne wala nahi hai (nobody is scared of Munir's nuclear threat). Prime Minister has given a proper reply to that. Nobody can scare India with nuclear blackmail. If it comes to that what to do? India also has its own sense," RSS leader Ram Madhav told ANI.<
Kant said that India should prioritise its national interests and not compromise on its energy security, especially considering that India's oil imports from Russia are significantly lower than those of China or Turkey. The US has imposed a 50% tariff on Indian goods, citing India's conti
If Russian oil exports were to be disrupted, it could create a major problem for the global economy, however, for India, the impact is expected to be limited, according to a report by Bank of Baroda
US President Donald Trump on Monday claimed that American tariffs on India over its purchase of Russian oil had delivered a "big blow" to Moscow, saying, "No one would have been so tough and I haven't stopped there."
The conversation comes after US Senator Lindsey Graham on Friday (local time) urged India to use its influence with Russia to help end the war in Ukraine, calling it one of the most significant steps to improve India-US relations.
In an interview with ANI, Kristensen said, "We are, of course, both critical and sceptical from a Danish perspective of the increased alignment between Russia and China."
India's crude oil import bill could increase by USD 9 billion to USD 12 billion, if the country stops buying Russian crude oil, according to a report by the State Bank of India (SBI).
"This will cause losses to our economy and industrialists because if a product costing Rs 1000 will cost Rs 1500, sales will decrease, and hence the industrialists will suffer. The GoI should think of a solid solution on this... If our foreign policy is strong, no nation will take such steps
Congress MP Rajeev Shukla on Thursday strongly criticised US President Donald Trump for imposing an additional 25 per cent tariff on India over its purchase of Russian oil. Calling the move "very wrong," Shukla urged the Indian government to issue a strong response, while accusing it of p