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NEW DELHI: The United States has reiterated its claim, projecting India’s commitment regarding oil purchases from its long-time trade partner Russia as part of the much-awaited trade deal finalised between New Delhi and Washington recently. US envoy Sergio Gor on Friday expressed confidence, saying the US had “seen India diversify the sourcing of oil.” He…
NEW DELHI: The ministry of external affairs on Saturday reiterated it stance on the import of Russian oil and said that India’s energy security remains the government’s top priority.In a statement, MEA said that diversifying India’s energy sourcing lies at the heart of our strategy.“Insofar as India’s energy sourcing is concerned, the government has stated…
Ashwini Vaishnaw (ANI image) India on Monday participated in the Finance Ministerial on Securing Critical Minerals Supply Chains hosted by US Treasury Secretary Scott Bessent in Washington. Union Minister for Railways, Information & Broadcasting and Electronics & IT Ashwini Vaishnaw represented the country in the high-level meeting. New Delhi underlined its strong commitment in building…
As global sanctions, including the latest ones from the Trump administration against Moscow intensify, many Indian refiners are evaluating their Russian oil trade documents.Reliance Industries Ltd, top Indian buyer of Russian crude, is also in the process of “recalibrating” imports from Russia to remain consistent with government guidance.“Recalibration of Russian oil imports is ongoing and…
CHENNAI: French aerospace and defence major Safran is planning a rapid expansion of its operations in India, aiming to double its workforce and significantly increase sourcing from Indian suppliers every two years. The company is gradually broadening its sourcing from civil aviation components to dual-use and defence applications.Safran has recently established a small sourcing team…
