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India

India to Purchase 21 Russian MiG-29 Jets to Improve Air Combat Strength – Report

A top-level Indian Air Force (IAF) team visited a Russian facility to check the MiG-29 fighter jets; later, it submitted a favourable report to IAF Headquarters, according to the news portal Print.

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India has vast arsenal of Russian-made weapons & seeks to expand it (PHOTOS)

Even as Washington is wooing New Delhi, India is seeking to buy Russian-made military hardware. The most recent deal would see the purchase of more than 450 tanks from Moscow for $1.93 billion, and it’s not even the biggest one.

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4 ways India is putting its own interests before Washington’s

India appears to be defying every foreign policy goal relentlessly pursued by the US, stubbornly striking deals with nations Washington is trying to isolate from global trade. Russia, Iran and now Venezuela – all among the top targets of Washington’s aggressive rhetoric and sanctions – are also among the nations India has been refusing to […]

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Magnificent seven: Top-notch Russian aircraft that may land in India’s shopping cart soon

From the newest Su-35 fighter jet to the promising MS-21 airliner, Russia has much to offer New Delhi at India’s largest airshow where the sky’s the limit for firms plying their wares.

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Are Russia, China & Turkey bringing back the gold standard? RT’s Keiser Report finds out

Global central banks bought more bullion last year than at any time since 1971, when the US ended the gold standard. Governments added 651.5 tons of gold to their coffers in 2018, according to the World Gold Council. It said that Russia, China and Turkey are leading the gold-buying spree.

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Bye-bye dollar: India & UAE agree to trade in local currencies

New Delhi and Abu Dhabi have inked a currency swap agreement to boost trade and investment without involvement of a third currency like the US dollar. The swap is for an amount of two billion UAE dirham or 35 billion Indian rupees (US$495 million), according to the Indian Embassy in Abu Dhabi.

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Hitting Where It Hurts: Why Russia, India and China Are Growing Non-Dollar Trade

Much has been made of the possible geopolitical motivations behind the decision to price the $5 billion Russian-Indian S-400 deal in roubles, and Moscow and Beijing are eyeing another rouble/yuan-based trade compact. However, Sputnik has discovered that there’s also a purely economic reason for the three countries to move away from the dollar.

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Double Trouble: Why Ruble-Priced S-400s for India are Big Problem for Washington

The $5 billion+ deal between Moscow and New Delhi for five regiments of Russia’s cutting-edge air defense system got an added bonus this week after it was revealed that the contract will be paid for in rubles. Taking a look at the deal’s details, Sputnik discovered that it’s really a double blow to the US […]

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Hitting Where It Hurts: Why Russia, India and China Are Growing Non-Dollar Trade

Much has been made of the possible geopolitical motivations behind the decision to price the $5 billion Russian-Indian S-400 deal in roubles, and Moscow and Beijing are eyeing another rouble/yuan-based trade compact. However, Sputnik has discovered that there’s also a purely economic reason for the three countries to move away from the dollar.

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India Sells Off Over 15 Bln in US Dollar Bonds, Following in China’s Footsteps

The developments came after China sold $3 billion in US Treasury bonds amid the ongoing trade row with the US, making it the third such sale in the last 14 years.

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India offloading US Treasuries to support national currency & buy gold

The Reserve Bank of India (RBI) is cutting down on its holding of US Treasuries, joining many other emerging economies which have been off loading their stock of US debt amid rising rates. The country’s share of US sovereign debt saw a gradual decline from $157 billion in March to $140 billion as of the […]

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‘It’s Not Helpful’: US Warns India Against Buying Iran Oil, Russian S-400s

On Thursday, US President Donald Trump promised that India will soon see his decision on punitive measures after New Delhi moved to purchase advanced S-400 air defense systems from Russia.

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Pakistan tests nuclear-capable missile after India cancels talks & signs S-400 deal with Russia

Pakistan has successfully test-launched its nuclear-capable missile system just after its archenemy India refused peace talks with Islamabad and bought billions-worth of weapons from Russia. The missile system, which can fire both nuclear and conventional projectiles to a distance of 1,300km, was tested on Monday by the Army Strategic Forces Command (ASFC).

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India Mulls Ditching Dollar in Oil Trade With Russia, Iran, Venezuela – Reports

This week, Russian President Vladimir Putin called Washington’s sanctions policy a “colossal strategic mistake” which has only served to undermine the dollar’s credibility as a global reserve currency. India’s Central Bank and Ministry of Finance have been tasked with exploring the feasibility of rupee and barter-based trade agreements with crude oil producing nations such as Russia, Iran and Venezuela, the […]

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Signing S-400 deal & defying US: Putin heads to New Delhi to meet Indian PM

Vladimir Putin heads to India for a two-day visit, during which he will meet PM Narendra Modi. All eyes will be on the $5-billion deal to purchase S-400s from Russia, which Delhi approved in defiance of a US threat of sanctions. The Russian leader is due to arrive in India on Thursday.

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