India

India

Russian Exports Of Crude Oil To India Increase To An Estimated 1.8 Million Barrels A Day In May

Energy, Exports, India

India’s imports of Russian crude oil are expected to reach around 1.8 million barrels per day in May, the highest level in 10 months, according to ship-tracking data from Kpler. The surge is attributed to refiners purchasing more light grades, such as Russia’s ESPO Blend from the Eastern Siberian-Pacific Ocean pipeline. Traders predict that the

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India-Pak-Rus

Russia, Pakistan, Discuss Kashmir & Trade Relations

Asia, India, Security, Trade

The Russian Foreign Minister, Sergey Lavrov has held telephone discussions with Pakistan’s Deputy Prime Minister and Foreign Minister, Ishaq Dar, at the initiative of the Pakistan government, on May 4th. The parties specifically discussed the dangerously growing tensions between New Delhi and Islamabad. The Russian side stressed its readiness to contribute to a political settlement

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India Pak Rus image

Russia, India Bilateral Relations: Pakistan Issue Discussed

Asia, India, Security, Shanghai Cooperation Organisation

Russia’s Foreign Minister Sergey Lavrov has held a telephone conversation with Indian Foreign Minister Subrahmanyam Jaishankar on May 2. They discussed topical issues of Russian-Indian interaction as well as Indian-Pakistani relations following the terrorist attacks in Kashmir. Russia has called for the two parties to settle the differences between New Delhi and Islamabad by political

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India

Russia Can Assist India With Developing Its Space Station

BRICS, Exports, India, Infrastructure, Investment

Russia’s Roscosmos space agency head, Dmitry Bakanov has said that Russian technologies can be applied in building India’s national space station, and negotiations on this matter are underway. Bakanov said that “We are in talks, including with Indian partners, to help them with their space station using our technologies.” The Indian Space Research Organisation has

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INSTC

INSTC Freight Capacity To Increase By 8.3 Million Vehicles Per Annum

Commonwealth of Independent States, India, Infrastructure, Investment, Logistics & Transport, Middle East, Russian Market

The International North-South Transportation Corridor (INSTC), which links Russia to the Middle East, East Africa and South Asia, is set to increase its carrying capacity by 8.3 million vehicles per year, according to the Russia Federal State Budgetary Institution, Rosgranstroy. All major construction and reconstruction works are expected to be completed by 2030, which includes

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Cosmetics

Russia Imposes 35% Import Tariffs On Cosmetics & Perfumes From Unfriendly Countries

China, Imports, India, Russian Market, Trade

Russia’s Trade & Industry Ministry has stated that Russia will impose increased customs duty of 35% on perfume, eau de toilette, powder, hair and lip makeup products, as well as skin care products imported from unfriendly countries. The tariffs are immediately effective. The Ministry notes said that the updated list of goods subject to duty

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India

Russia-Indian Mutual Tourist Flows Could Hit 450,000 In 2025

BRICS, India, Infrastructure, Trade

The Indian Embassy in Moscow has stated that during 2024, the number of Indian tourists visiting Russia exceeded 120,000 people, and added that “If this trend continues, the mutual tourist flow can potentially surpass 450,000 for 2025.” In 2023, around 60,000 Indians visited Russia, while an estimated 160,000 Russians travelled to India – more than

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India

India, Russia Working Group Discusses LNG Cooperation & Bilateral Investment

BRICS, Energy, Finance, India, Investment, Trade

The 8th Session of the India-Russia Working Group on Priority Investment Projects has been taking place in Delhi, co-chaired by Amardeep Singh Bhatia, Secretary of the Indian Department for Promotion of Industry and Internal Trade, and Vladimir Ilichev, Russia’s Deputy Economic Development Minister. The session took place in the framework of the India-Russia Intergovernmental Commission

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