Indian Oil Chairman Arvinder Singh Sahney affirmed that American sanctions on Russia will have a limited impact on India's energy needs, citing multiple sources of crude supply. He projected crude prices to remain between USD 75-80 per barrel.

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.India is considering a $450 million deal to sell Russian-backed supersonic cruise missiles to Indonesia as the Southeast Asian country looks to bolster defenses,

Russia also accounts for about 65% of India’s arms imports over the past 20-odd years. Besides, they argued, India needs to nurture the relationship to offset warming ties between Russia and China, India’s chief rival.

Trump’s sharp stance aims to counteract the bloc’s de-dollarisation agenda, which he sees as a direct challenge to US economic hegemony.

The US president called out Russian counterpart Putin by name in a social media post, arguing that it was time to settle

Following Russia's invasion of Ukraine in 2022, India emerged as a major buyer of Russian oil that was widely and rapidly sanctioned by the West. However, all that may be about to change ...

India on Thursday became the fourth country to successfully achieve an unmanned docking in space, a feat seen as pivotal for future missions as New Delhi cements its place as a global space power.

OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier Russia's share remained steady, data obtained from trade sources showed.

In 2023, Russian President Vladimir Putin revealed that the ruble and Chinese yuan already made up 80 percent of Moscow’s transactions with China. The Kremlin also claimed that about 90 percent of India-Russia trade already took place using local or alternate currencies.

After a five-year hiatus, the Indian Prime Minister, Narendra Modi, visited Russia twice in 2024, reaffirming that both countries see their relationship as important. President Vladimir Putin’s imminent visit to New Delhi,

US President Donald Trump suggests more sanctions on Russia if President Vladimir Putin does not engage in negotiating an end to the Ukraine war. Trum