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Indian pharma eyes Russian market; Firms explore localised production; target to build largest API hub

Indian pharmaceutical companies are increasingly setting their sights on the Russian market, exploring opportunities to establish production facilities across various regions there. This development was highlighted by Sergey Cheremin, Moscow Government Minister and Head of the Department for External Economic and International Relations, during the “TIME: Russia-India. Mutual Efficiency” forum.Cheremin revealed that productive negotiations are…

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India cutting Russian oil imports by 50%? After Donald Trump, White House makes big claim; refiners await clarity

US official claims India cut Russia oil imports by 50% (AI image) The United States and India recently engaged in fruitful trade discussions, during which it was revealed that Indian refiners are set to reduce their imports of Russian oil by 50%, according to a White House official speaking to Reuters on Thursday. However, Indian…

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‘Will meet Putin in Hungary soon’: Trump hails ‘productive’ call with Russian president; calls for end to ‘inglorious’ Ukraine war

Trump had met Putin in Alaska on August 15 US President Donald Trump said he had a “very productive” phone conversation with Russian President Vladimir Putin, describing it as a step towards ending the war in Ukraine.The two leaders agreed to hold a meeting of senior advisers next week, led by Secretary of State Marco…

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Donald Trump’s claim on Russian crude oil: Will India stop buying it? Here’s what’s happening

Russia maintains its position as India’s primary oil supplier, contributing 34% of incoming deliveries in September. (AI image) Will India stop buying oil from Russia? US President Donald Trump has claimed that PM Narendra Modi has assured him that India will stop Russian crude. The Ministry of External Affairs has denied being aware of any…

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‘No call between them’: India rejects Trump’s claim of speaking to PM Modi about purchase of Russian oil | India News

NEW DELHI: The ministry of external affairs on Thursday clarified that there was no telephonic conversation between Prime Minister Narendra Modi and US President Donald Trump yesterday.“On the question of whether there was a conversation or a telephone call between Prime Minister Modi and President Trump, I am not aware of any conversation yesterday between…

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‘Typical example of unilateral bullying’: China defends Russian oil purchases; slams Trump for pushing countries to end buying Moscow energy

China on Thursday defended its ongoing purchases of Russian oil, calling them “legitimate” and criticising what it described as “unilateral bullying” by the United States. The remarks come after US President Donald Trump on Wednesday said that PM Modi had assured him New Delhi would stop buying Russian oil and signalled intentions to pressure China…

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50% US tariffs: Indian refiners look to cut back on Russian crude imports; Trump claims India to stop buying oil from Moscow

US President Donald Trump claimed that Prime Minister Narendra Modi had given assurance that India would discontinue purchasing oil from Russia. (AI image) India is looking to reduce its Russian oil imports with refiners planning a gradual reduction, according to a Reuters report quoting sources. Russia continues to be India’s largest crude oil supplier. The…

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‘We do not interfere in…’: Moscow reacts to Trump’s claim on PM Modi stopping Russian oil trade; says ‘our supplies very beneficial for Indian economy’

While reacting to US President Donald Trump’s remark, Russian ambassador Denis Alipov said that India’s decisions on oil imports are guided by its “national interests.” Earlier on Wednesday, Trump had said that PM Modi assured him that New Delhi will stop buying oil from Moscow. When asked whether India will continue importing Russian oil, Alipov…

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500% tariffs on China? US warns Beijing over Russian oil; calls it ‘unreliable partner to the world’

The United States has escalated its rhetoric against China on Wednesday, with treasury secretary Scott Bessent claiming that American Senators may back a staggering 500% tariff on Chinese imports over trade with Russia. Speaking at a press conference, Bessent said 85 US senators were ready to give US President Donald Trump the authority to impose…

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