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HomeIndia

India

BRICS
BRICS

Should Russia Reconsider Inviting Pakistan To Participate In “Outreach”/“BRICS Plus”?

March 13, 2024 Mariel Alumit

Cliched talking points aside about all countries being considered by the RIC core of BRICS as equals and third parties’ sensitivities not influencing any of their bilateral relations, the reality is altogether different in practice. […]

BRICS
Crypto

BRICS to create blockchain-based payment system – Putin aide

March 5, 2024 Mariel Alumit

The measure would be in line with the group’s plans to cut reliance on Western currencies and financial mechanisms The BRICS group of emerging economies plans to create a payment system based on digital technologies, […]

First crude oil offtake
Crude Oil News

First crude oil offtake from new FPSO represents ‘historic achievement in India’s energy sector’

March 4, 2024 Mariel Alumit

India’s government-owned energy giant Oil & Natural Gas Corporation (ONGC) has held a flag-off ceremony for the first crude oil offtake from a floating production, storage, and offloading (FPSO) vessel, which is working at what […]

India
BRICS

India ‘easily’ world’s fastest-growing economy – IMF

March 1, 2024 Mariel Alumit

India is the world’s fastest-growing economy and its expansion in the final quarter of last year exceeded expectations, according to International Monetary Fund (IMF) executive director Krishnamurthy Subramanian. Indian gross domestic product (GDP) grew 8.4% […]

US Sanctions
Finance

Thursday’s Energy Absurdity: New US Sanctions on Russia Harm India – is That Wise?

February 29, 2024 Mariel Alumit

“Delhi has had to weigh its geopolitical economic interests as a close ally of the U.S. in the Indo-Pacific region with its continued dependence on cheap Russian oil, coal, and fertilizers and armaments for meeting […]

BrahMos
Geopolitical

India orders BrahMos cruise missiles worth $2.3bn

February 23, 2024 Mariel Alumit

The government has approved the purchase of 200 of the supersonic weapons, which were co-developed with Russia New Delhi’s Cabinet Committee on Security cleared the acquisition of 200 BrahMos extended-range supersonic cruise missiles on Wednesday. […]

Crude Oil News

CNN’s Attempt To Smear India For Purchasing Russian Oil Fell Flat

February 22, 2024 Stu Turley

The Ukrainian Conflict is being decided on the battlefield, not on bank ledgers, which is why CNN’s innuendo about India financially fueling Russia’s participation in its proxy war with NATO in Ukraine falls flat. That […]

Crude Oil News

Daily Energy Standup Episode #313 – Wind Farms Paid to Stay Offline and China’s Real Estate Woes: Affecting Oil Demand Dynamics

February 21, 2024 Andy Del Prado

Daily Standup Top Stories Two Wind Farms Received Over $100 Million To Switch Off February 20, 2024 Mariel Alumit Regular readers will know that I have long been concerned over the extraordinary level of payments to […]

US
Crude Oil News

The Kremlin has never been richer – thanks to a US strategic partner

February 20, 2024 Mariel Alumit

CNN — Russia is entering its third year of war in Ukraine with an unprecedented amount of cash in government coffers, bolstered by a record $37 billion of crude oil sales to India last year, according to new analysis, which concludes that […]

vessels
Geopolitical

Russian warships train in India alongside vessels from US, Europe and Iran

February 20, 2024 Mariel Alumit

The South Asian nation is conducting the 50-nation MILAN 2024 exercises amid the Red Sea crisis Two Russian Navy vessels have arrived in India, where they will participate in the multinational MILAN 2024 drills. The […]

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