First, the good news: Russia doubled its diamond exports to India year on year in August, according to data from India’s Ministry of Commerce and Industry. They surged to a value of US$31.3 million in August 2025, more than double the US$13.4 million recorded in August 2024. Russia is the world’s largest producer of rough […]
India’s crude oil imports from Russia rose in October, despite the US sanctions on Rosneft and Lukoil. India’s October imports of Russian oil reached 1.48 million barrels per day, according to data from oil tracking companies Kpler and OilX. Kpler estimated India’s Russian crude imports at about 1.48 million barrels per day (bpd) in October,
India’s Oil Imports From Russia Increased During October Despite US Sanctions Read More »
Over the past few weeks, grumbles of discontent have begun emerging from the European population, about what appears to economic issues directly created by sanctions imposed upon Russia. These range from Finnish resorts bemoaning the lack of Russian tourists, Italian resorts closing, and Lithuanian cigarette smugglers causing chaos over ballooning in cheap products from Belarus.
Russian Railways Logistics has sent a full container train along the INSTC route from Chelyabinsk, in the Russian Urals region, to Mundra Port, in Gujarat, India. The train, consisting of 62 twenty-foot containers with oats, followed the eastern rail route of the INSTC North–South to Iran’s Bandar Abbas Port and was then shipped to Mundra.
The government’s interdepartmental working group on the creation and development of Russian Special Economic Zones (SEZ) has approved expanding the Kulibin SEZ in the Nizhny Novgorod Region, with a river port and new production facilities being planned, according to the regional government. The Kulibin SEZ currently has a site in Dzerzhinsk, while the additional 117.7-hectare
Russia’s Tatneft has registered a project to generate solar power in Uzbekistan on India’s Universal Carbon Registry platform, the company has stated, saying, “We have installed solar power plants with an overall capacity of 0.33 MW on the roofs of a tire manufacturing plant in Uzbekistan. Clean solar energy is now used for production needs,
Russia Gaining Indian Carbon Credits From Investments In Uzbekistan Solar Power Read More »
India and Russia have committed to a new aircraft production partnership, with India’s state-backed Hindustan Aeronautics Limited (HAL) signing a memorandum of understanding with Russia’s PJSC United Aircraft Corporation (UAC) to produce civil commuter SJ-100 aircraft, the companies have announced. The Superjet SJ-100 is a twin-engine, narrow-body Russian regional passenger aircraft already in commercial service,
Indian Oil Corporation (IOC), a state-owned oil and gas company, has stated it will continue to buy Russian crude as long as it does not violate US sanctions, the companies Finance Director, Anuj Jain, has stated. He added that the company maintains a database of sanctioned entities and will continue to source oil from non-sanctioned
The US administration has placed full sanctions on Russia’s Rosneft and Lukoil, and threatened secondary sanctions on companies that service them. These companies handle about 50% of all Russia oil production and exports. We look at the likely impact of these moves. Freezing of all Rosneft and Lukoil assets in the United States Neither have
US Sanctions On Rosneft & Lukoil: Economic Impact Analysis Read More »
The Russian‑Indian joint venture company Kinet has showcased the first design of a new high‑speed sleeper coach at the International Railway Equipment Exhibition in New Delhi. Kinet is a joint venture between Russian rolling stock companies and Indian government-owned Rail Vikas Nigam Limited (RVNL) for the manufacturing and maintenance of 120 Indian ‘Vande Bharat’ high-speed
India-Russia Railway Joint Venture Unveils New Sleeper-Class Luxury Coach Read More »
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