International
External Affairs Minister S. Jaishankar has raised concern over India’s widening trade deficit with Russia during his visit to Moscow. Speaking at the 26th India–Russia Intergovernmental Commission meeting, he said that while bilateral trade has expanded rapidly, the imbalance has become unsustainable. Trade Growth and Deficit Figures Bilateral trade has grown from $13
Expert Opinions Opinion
Russia’s five percent oil discount looks tempting on paper, but the numbers show why it cannot outweigh Donald Trump’s tariff barrage. Russia supplies about 1.5 million barrels per day to India — roughly 35 percent of our crude basket. At Brent levels of 66–70 dollars, the discount works out to 2.7–3.3 dollars per barrel. Multiply […]
International
French President Emmanuel Macron on August 19 issued a strong caution to European allies regarding Russian President Vladimir Putin. Macron described him as “a predator, an ogre at our gates,” stressing that Europe must remain realistic and not fall into the trap of misplaced trust. Concerns Over Russia’s Ambitions Macron underlined Russia’s track record of […]