India’s imports of cheaper crude oil from Russia now account for 40% of its total oil imports. In fact, Russia has replaced Saudi Arabia and Iraq as the primary source of crude oil imports. All of this while Russia continues to face sanctions imposed by block of Western nations. Even better, India is importing crude […]Read More
NEW DELHI: Sri Lanka, India, and Japan: Until recently, a partnership involving these three countries may have merited little consideration. But Sri Lanka’s economic collapse last year, China’s refusal to help, and India’s rescue act have brought this issue to the fore India lacks the deep pockets and technological heft that can help its small […]Read More
NEW DELHI: The BRICS (Brazil, Russia, India, China South Africa) will likely focus on the expansion of the group at the summit slated in the second half of August in South Africa. The creation of a common currency as an alternative to the dollar, however, is not on the agenda. ‘There is no idea of […]Read More
NEW DELHI: On this International Yoga Day (June 21), the Indian Navy deployed 19 of its ships across ports in the Indian Ocean, spanning from Africa, West Asia up to the Malacca Straits. As sailors on board these ships performed yoga, the overarching message was actually a projection of the Indian Navy’s reach, capability and […]Read More
NEW DELHI: Quad seems to have become the strategic need of the times, and a new one is taking shape. The new grouping, unlike the original Quad involving U.S., Australia, Japan and India, has a pronounced military dimension to it. The New QUAD will be one irritant more for China.Read More
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