Russian President Putin speaks to PM Modi; says perpetrators of Pahalgam attack must be....
'President Putin @KremlinRussia_E called PM @narendramodi and strongly condemned the terror attack in Pahalgam, India,' MEA spokesperson Randhir Jaiswal said in a social media post.
'He conveyed deepest condolences on the loss of innocent lives and expressed full support to India in the fight against terrorism,' Jaiswal added.
'He emphasised that the perpetrators of the heinous attack and their supporters must be brought to justice,' he said.
The MEA spokesperson said Modi and Putin reiterated their commitment to further deepen India-Russia Special and Privileged Strategic Partnership.
The prime minister conveyed his greetings to the Russian president on the celebration of the 80th anniversary of 'Victory Day'. Modi also invited Putin for the India-Russia annual summit to be held in India later in the year.
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Economic Times
24 minutes ago
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United News of India
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Time of India
26 minutes ago
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Tired of too many ads? Remove Ads , Founder & CEO,, says crude oil prices are declining. The market is seemingly unconcerned about Donald Trump's recent threat. India's continued oil purchases from Russia are a key factor. If India reduced its intake of 1.7-1.8 million barrels per day, it would create market instability. China might increase its intake, but not enough to offset India's current on the reaction we have seen so far from crude, which has been rolling downhill yesterday, and this morning as well, it tells me that the market is not taking Trump's threat seriously. Probably an input for the market is also the fact that India is standing its ground. Had India said that they are going to halt or reduce purchases of close to 1.7-1.8 million barrels per day, that would have been a major concern for the market as to where this 1.8 million barrels per day goes if India does not take it? Obviously, China could take a bit more. But I doubt it could take equal to what India has been absorbing from Russia or anytime soon and you would have seen prices spiking. So, the market does not seem to be taking it seriously and I am glad to note that India is standing its ground as well.: A major question is whether he will actually go ahead. What is the gap between his threats and his actually proceeding to impose such tariffs? First of all, there are double standards here. You alluded to him potentially doing the same for other buyers of Russian crude and mind you, there are refined products as well. So, there is China and Turkey aside from India when it comes to crude and the same countries as well as major importers like Brazil and South America when it comes to refined as far as optics goes, this is not looking good for Trump singling out India when there are all of these other countries which are importing crude as well. Now, if he does go ahead and impose 100% secondary tariffs on India which would mean that the US would charge 100% tariffs for goods exported by India, India has a few options. One is it can simply ignore and let things take their course that the trade supply chains and so on will reorganise and rearrange themselves around such could look to other markets too to place its goods or it could go into negotiations with the US. Now, of course, it is not for me to say which step India will take on this but from all the signs that we can read, as of now India is saying it is standing its ground and that it will probably take steps or respond as and when the next step from the US becomes clear. There is no point making major shifts in things like crude imports based on guesswork or speculation.
