#india&russia

International North-South Transport Corridor: Russia sends test consignment to India through Caspian Sea – Iran route avoiding Suez Canal

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Russia has started using an alternate route to ship goods to India, through Caspian Sea and Iran, bypassing the Mediterranean Sea – Suez Canal route. Russia dispatched a test cargo to India from St. Petersburg via Iran o Saturday, operationalising the International North-South Transport Corridor (INSTC). According to Russia Briefing, Iran’s state-owned shipping firm has announced the … Read more

India and Russia explore the possibility of transactions using RuPay and Mir cards between the two countries

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India and Russia will explore the potential of accepting RuPay and Mir cards in each other’s countries to facilitate payments in the midst of Western sanctions on Moscow. During the high-level Internal Governmental Commission meeting on Trade, Economic, Scientific, Technological, and Cultural Cooperation (IRIGC-TEC), both countries talked about and decided to investigate the possibility of accepting these … Read more

The US has not asked India to reduce its purchase of Russian oil, says American treasury official

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The United States has not asked India to stop or reduce its oil imports from Russia and nor has it sanctioned any Indian entity for buying and refining crude oil purchased from Russia since the beginning of its war with Ukraine, according senior American officials from the United States Treasury Department. “There is no restriction, … Read more

 CNN claims India is hurting US by helping Putin get richer

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The Russian oil industry is “booming despite war, sanctions” and CNN is livid with disbelief, to put it mildly. So CNN has decided to train guns on India. A news report filed by CNN journalist Nick Paton Walsh broadcast on the 19th of February has held India responsible for the United States’ failure to have the desired … Read more