Indian oil refiners are restructuring supply chains, creating new entities, and exploring alternative payment methods to maintain Russian crude imports amid tightening international sanctions.
The U.S. Semiconductor Industry Association emphasizes that eliminating tariffs on semiconductor components and equipment is essential for India to enhance its global competitiveness in chip manufacturing.
India’s crude oil imports from Russia surged by 13% in January, even as the United States imposed fresh sanctions aimed at restricting Russia’s energy exports. The increase highlights India’s continued focus on securing cost-effective energy supplies amid shifting global trade dynamics. India’s Energy Strategy and Russian Oil Imports India has consistently
In a strategic move to bolster its naval defense, India has entered into a contract with Russia for the acquisition of anti-ship cruise missiles. This procurement aims to significantly enhance the combat capabilities of the Indian Navy’s submarine fleet. Contract Details The agreement was formalized in the presence of Defence Secretary Rajesh Kumar Singh. The […]
A recent Canadian report has concluded that there is “no definitive link” between the Indian government and the assassination of Hardeep Singh Nijjar, a prominent Khalistani separatist leader, in June 2023. This finding comes amid ongoing diplomatic tensions between Canada and India, following Prime Minister Justin Trudeau’s September 2023 assertion of
Elon Musk’s Starlink is on the verge of receiving authorization to provide satellite internet services in India, having agreed to comply with the government’s stringent security and regulatory requirements. Union Minister Jyotiraditya Scindia confirmed that the government is prepared to grant the necessary license once Starlink addresses all specified concerns.
In 2023, OpenAI founder Sam Altman remarked during his visit to India that it would be “hopeless to compete with us on training foundation models,” suggesting that India’s efforts to develop AI models akin to ChatGPT would likely not succeed. These comments have recently resurfaced and are drawing significant attention, especially in light of the […]
On January 28, 2025, India firmly dismissed a Canadian commission’s report alleging that New Delhi attempted to interfere in Canada’s electoral processes. The Ministry of External Affairs (MEA) labeled the accusations as baseless and countered by accusing Canada of consistently meddling in India’s internal affairs. The MEA’s statement emphasized
Since its inception in 2016, the Unified Payments Interface (UPI) has revolutionized India’s digital payment ecosystem, experiencing exponential growth over the past five years. In 2019, UPI accounted for 34% of the country’s digital transactions; by 2024, this figure had surged to an impressive 83%. In 2024 alone, India recorded 208.5 billion digital payment
India lodges a strong protest after the Sri Lankan Navy fires upon and apprehends 13 Indian fishermen near Delft Island, emphasizing the need for humane treatment and adherence to bilateral agreements.
