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.
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).
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 […]
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.
MOSCOW/KUNMING China National Gold will invest about $420 million in the development of the Klyuchevskoye gold deposit in Russia; another $65 million will be invested by India’s SUN Gold, the annual production volume is expected at about 6.5 metric tons of gold per year, the Russian Industry and Trade Ministry said.
New Delhi wants to encourage Russian investments and has invited the country’s companies to explore business opportunities and strengthen bilateral economic ties, Commerce and Industry Minister Suresh Prabhu has said.
India has cleared the way for its biggest deal yet with Russia, with Delhi reportedly set to sign a deal to purchase $2.2 billion worth of Russian ships. It comes despite US sanctions aimed at deterring business with Moscow. After revitalizing defense ties with the US earlier this month, India has now turned to Russia […]
New Delhi is maintaining an independent foreign policy course with regard to Latin American countries, Indian political analysts told Sputnik. They stressed that Donald Trump’s pressure on Cuba and Venezuela would unlikely affect India’s ties with these countries and explained how New Delhi avoids a clash of interests with China in the region.
While the US is openly wooing India, there are no signs that New Delhi is going to give up its longstanding defense collaboration with Russia. Speaking to Sputnik, Indian analysts emphasized the country’s “strategic autonomy” as New Delhi’s major priority and presumed that the US’s apparent plan to bring India into NATO’s fold would fail.
India has made it clear that it is going ahead with its plan to purchase the S-400 Triumph air defense missile systems from Russia and that it will not be deterred by the US’ unilateral sanctions. India has also expressed itself similarly over the US sanctions on Iran by continuing to buy oil from the […]
Russia hopes to finalize two major defense deals with India by year’s end, with first deliveries of the S-400 air defense system potentially taking place in 2020, a Russian defense official has said. India defied US demands to drop the S-400 deal in favor of US weaponry, selecting the defense system to protect its skies […]
Moscow and Delhi are seeking to bypass US sanctions by using the rupee and the ruble in facilitating military deals, according to Indian daily, the Economic Times. The paper reports that US sanctions are hampering $2 billion in defense deals between Russia and India, as payments are getting stuck.
Washington has warned New Delhi that procurement of Russian advanced military systems may jeopardize defense cooperation and technology sharing between the US and India, as well as “interoperability” between their armed forces. “There is a lot of concern in the US administration and Congress with the S-400,” House Armed Services Committee chairman Mac Thornberry told […]
India will reportedly pay for Iranian oil in rupees as the two countries seek to bypass US sanctions against Tehran, industry officials have told the Sputnik news agency. Under the deal, the payments for oil will be made through India’s state-run UCO Bank, which has no US exposure. The countries are also discussing the barter-like […]
DAVOS (Sputnik) – Reports on disagreements between Russia and India in the area of defense industry cooperation are based on speculation and the two states maintain strong ties in defense cooperation and are developing a partnership on transfers of technology, Mobashar Jawed Akbar, Indian minister of state for external affairs, told Sputnik.