logo
NATO chief warns India, China & Brazil could be hit ‘very hard' by sanctions if they continue to do business with Russia

NATO chief warns India, China & Brazil could be hit ‘very hard' by sanctions if they continue to do business with Russia

Time of India15-07-2025
NATO Secretary General
Mark Rutte
on Tuesday warned that
secondary sanctions
targeting Russia could severely impact India, China, and Brazil, if they continued to do business with Moscow.
'Secondary sanctions on Russia over Ukraine could hit countries like China, India and Brazil very hard,' Rutte was quoted as saying by Reuters.
The NATO chief made the remarks while meeting with American senators in Congress, a day after US President Donald Trump announced a fresh package of
weapons for Ukraine
and threatened "biting" secondary tariffs of up to 100% on buyers of Russian exports — unless a peace deal is reached within 50 days.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Dukung Orang Terkasih Menghadapi Limfoma: Mulai Di Sini
Limfoma
Baca
Undo
US Senators push tougher sanctions on Moscow
Amid Trump's call for imposing 100 per cent "secondary tariffs" on Moscow if Russian President Vladimir Putin fails to end the conflict in Ukraine within 50 days, Senators Lindsey Graham and Richard Blumenthal have warned countries, including India, of economic sanctions if they continue business with Russia.
South Carolina Republican Senator Graham and Democratic Senator Blumenthal are leading 85 cosponsors on a bipartisan bill introduced earlier this year, calling for sanctions on Moscow which they say could be a "sledgehammer" Trump needs to end the conflict.
Live Events
"We'll continue to push for Senator Graham & my Russia Sanctions bill with even tougher penalties to deter India, China, Brazil & others from fueling Putin's war machine. Congressional action sends a powerful message of support," Richard Blumenthal said in a post on his social media handle X.
Their joint statement noted China, India, and Brazil as nations "that prop up Putin's war machine" by purchasing "cheap Russian oil and gas", fueling the conflict. They called for tariffs as high as 500 per cent on any country that helps Russia.
Trump announced these "secondary tariffs" on Russia during his meeting with NATO General Secretary Mark Rutte on Monday.
US aims to pressure Putin through tariffs on allies
Graham and Blumenthal's statement also stressed that Trump's move was intended as a strong executive measure to push all parties toward negotiations, aiming to compel Putin to the peace table.
"The ultimate hammer to bring about the end of this war will be tariffs against countries, like China, India and Brazil, that prop up Putin's war machine by purchasing cheap Russian oil and gas. President Trump's decision to announce the implementation of 100 percent secondary tariffs on countries that buy Russian oil and gas if a peace agreement is not reached in the next 50 days is a real executive hammer to drive the parties to the negotiating table. The goal is not more tariffs and sanctions - the goal is to entice Putin to come to the peace table," the statement read.
"Finally, as President Trump indicated, we will join our colleagues in continuing to work with the White House on our bipartisan Russia sanctions legislation that would implement up to 500 percent tariffs on countries that buy Russian oil and gas and do not help Ukraine," it added.
During the meeting with NATO's chief, Trump said, "One of the reasons that you're here today is to hear that we are very unhappy - I am - with Russia. But we will discuss that maybe another day. But we're very, very unhappy with them, and we're going to be doing very severe tariffs if we don't have a deal in 50 days. Tariffs at about 100 percent. You'd call them secondary tariffs. But today, we're going to talk about something else."
India engages with US lawmakers amid sanctions debate
Earlier this month, External Affairs Minister S Jaishankar said the Indian embassy and ambassador have been in touch with Senator Graham regarding the sanctions bill, and that "India will have to cross that bridge if it comes to it."
Speaking at a press conference, Jaishankar stated that India has conveyed its concerns and interests related to energy and security to Senator Graham.
Regarding the proposed 500 per cent tariffs on Russian oil imports, Jaishankar said, "Regarding Senator Lindsey Graham's bill, any development which is happening in the US Congress is of interest to us if it impacts our interest or could impact our interest. So we have been in touch with Senator Lindsey Graham. The embassy, ambassador have been in touch. Our concerns and our interests on energy, security have been made conversant to him. So we'll then have to cross that bridge when we come to it. If we come to it."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Lenskart's files Rs 7,500-8,000 cr IPO papers with Sebi
Lenskart's files Rs 7,500-8,000 cr IPO papers with Sebi

Time of India

time14 minutes ago

  • Time of India

Lenskart's files Rs 7,500-8,000 cr IPO papers with Sebi

BENGALURU: Lenskart Solutions is gearing up for one of the largest consumer-tech listings of the year, with its initial public offering (IPO) expected to raise between Rs 7,500 crore and Rs 8,000 crore, people aware of the matter said. The final size will depend on valuations at the time of listing. The company filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) on Tuesday. The IPO consists of a fresh issue of shares worth Rs 2,150 crore and an offer for sale (OFS) of up to 13.23 crore shares by existing investors and promoters. A pre-IPO placement of up to Rs 430 crore has also been proposed, which could reduce the fresh issue size. Proceeds from the fresh issue will be used for the expansion of company-owned (CoCo) stores in India (Rs 272.62 crore), lease-related payments (Rs 591.44 crore), technology and cloud infrastructure (Rs 213.38 crore), and brand marketing (Rs 320.06 crore). The remainder will be allocated for inorganic acquisitions and general corporate purposes. As of March 31, 2025, Lenskart operated 2,723 stores globally, including 2,067 in India and 656 overseas. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Remember Him? Take A Deep Breath Before You See Him Now The Noodle Box Undo by Taboola by Taboola The company sold 27.2 million eyewear units in FY25, up from 21.2 million in FY24 and 15.9 million in FY23. Annual transacting customer accounts rose from 7.7 million in FY23 to 12.4 million in FY25, while its paid membership program, Lenskart Gold, reached 6.77 million members in India. Financially, the company swung from losses to profitability in FY24. In FY25, Lenskart reported revenue of Rs 6,653 crore, up from Rs 5,428 crore a year ago. Net profit rose more than fivefold during the same period, from Rs 59 crore to Rs 297 crore, driven by operating leverage and higher repeat purchases. Lenskart's apps have seen more than 100 million cumulative downloads, while its websites drew 105 million visitors in FY25. New customers, on average, purchased 3.62 pairs of glasses within two years, the filing revealed. The case of the missing degree Buried in Lenskart's DRHP is an oddly specific risk: one of its promoters, Sumeet Kapahi, who also heads global sourcing at the company, can't find his (Hons) degree or marksheets from the University of Delhi. He has emailed, written letters, and even applied through the university's online portal, but is still waiting for a response. Until then, Lenskart and its bankers have relied on the certificates he submitted for the IPO filing. The company admits there's no guarantee the university will ever send the documents, making this one of the more unusual disclosures in a multi‑thousand‑crore IPO draft. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025

Operation Sindoor debate: 'Why is he scared?' Congress revives Trump charge moments after PM Modi junks it
Operation Sindoor debate: 'Why is he scared?' Congress revives Trump charge moments after PM Modi junks it

Time of India

time14 minutes ago

  • Time of India

Operation Sindoor debate: 'Why is he scared?' Congress revives Trump charge moments after PM Modi junks it

NEW DELHI: Less than half an hour after Prime Minister Narendra Modi declared that "no global leader interfered in Operation Sindoor ," the Congress launched a fresh attack, accusing him of being afraid to confront US President Donald Trump . Congress MP KC Venugopal asked bluntly, 'We are asking very clearly whether Trump's claim is bogus or not, whether he is telling truth or not. No answer... Why is he scared about talking about Trump?' He accused the Prime Minister of hiding behind Pakistan rhetoric instead of addressing serious questions about India's sovereignty and military decision-making. 'When genuine questions are asked by the opposition, he hides behind the Pakistan story,' Venugopal said. Leader of opposition Rahul Gandhi echoed this line, claiming the Prime Minister 'never said it clearly that Trump was lying' and accused him of failing to name China despite its alleged support to Pakistan. 'The whole nation knows that China helped Pakistan in every way, but the Prime Minister and Defence Minister never named China anywhere in their speeches,' Gandhi said. Congress spokesperson Pawan Khera added a poetic jab: 'Trump slapped (him), but he's upset with Nehru. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo by Taboola by Taboola Hope he realises in time, that Donald is no friend, but unfaithful.' Earlier, Gandhi had demanded a clear rebuttal to Trump's repeated assertion that he mediated a ceasefire between India and Pakistan. 'If Modi ji has even 50 per cent of the courage that Indira Gandhi had, then clearly he must say in Parliament Donald Trump is lying,' Gandhi said. Also read: 'Exercise to protect PM's image': Rahul Gandhi on Op Sindoor; dares Modi to call Trump 'liar' He criticised the government for informing Pakistan mid-operation that India had only hit non-military targets and didn't seek escalation. 'That's surrender. Immediate surrender in 30 minutes,' he said, citing Defence Minister Rajnath Singh's own words in the House. PM Modi lashes out at Congress During his address in the Lok Sabha, PM Modi on Tuesday told the Lok Sabha that "no global leader had asked India to halt Operation Sindoor" "India received global support, but the Congress could not support our soldiers' valour," he said, criticising the opposition during the debate on the Pahalgam attack and Operation Sindoor. "No country stopped India from defending itself against terrorism—only three countries backed Pakistan at the UN." PM Modi also dismissed questions raised over US President Donald Trump's announcement of a ceasefire. He clarified that on the night of May 9, 'US Vice President (JD Vance) tried to reach out to me 3–4 times, but I was busy with meetings with the armed forces.' When he finally returned the call, Vance warned of a possible Pakistani attack. 'I told him that if Pakistan attacks India, our response would be much bigger—we will respond to bullets with cannons. ' He declared that Pakistani airbases hit during the operation were "still in ICU" and said the masterminds of the April 22 attack had 'sleepless nights.' Emphasising India's strength, Modi said, 'We destroyed terror sites deep inside Pakistan within 22 minutes… drones and missiles made in India exposed Pakistani arms.' He accused Congress of echoing Pakistani propaganda and giving the enemy a 'clean chit.'

BJP Kerala secy meets Chhattisgarh CM Sai, dy CM Sharma over nuns' arrest
BJP Kerala secy meets Chhattisgarh CM Sai, dy CM Sharma over nuns' arrest

Time of India

time14 minutes ago

  • Time of India

BJP Kerala secy meets Chhattisgarh CM Sai, dy CM Sharma over nuns' arrest

1 2 Raipur: Four days after arrest of two Catholic nuns in Chhattisgarh on charges of human trafficking and attempted religious conversion of three tribal girls, Kerala BJP general secretary Anoop Antony Joseph on Tuesday held a closed-door meeting with CM Vishnu Deo Sai and deputy CM, who is also the home minister, Vijay Sharma, on the issue. He also met the nuns, who are now in judicial custody. Both the arrested nuns hail from Kerala. Nuns Preethi Merry and Vandana Francis, along with Sukaman Mandavi – the person who got the girls to Durg railway station -- were arrested from the station on July 25 on a complaint filed by a local Bajrang Dal worker who accused them of trafficking the girls to another state and indulging in forced religious conversion. Later, a delegation including Congress MPs Benny Behanan from Chalakudy and K Francis George from Kottayam, RSP MP NK Premachandran from Kollam and Kerala legislative assembly member Roshi M John met the CM and deputy CM. Congress MP from Koraput constituency in Odisha, Saptagiri Ulaka, was also a part of the delegation. After meeting the delegation, Sai said Chhattisgarh is a peace-loving state that believes in harmony and coexistence. "People of all religions live here with mutual respect and brotherhood," he said. Reassuring the delegation, CM stated that the matter is being investigated as per due judicial process. "Law is taking its course, there is no interference," he added, underlining the "safety and dignity of the state's daughters and citizens." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Discover how to go from draft to done in a few clicks—not a few hours. Grammarly Install Now Undo Talking to media persons, deputy CM Vijay Sharma said that based on statements recorded by GRP, an FIR was lodged in the case, that happened in Narayanpur district. "I met Anoop Antony Joseph and he briefed me with the information that he had. Everything is being done legally, and the case is in court. There have been instances in the past where women from Narayanpur have been trafficked in a similar manner. The matter is under investigation," Sharma said. There was drama at the jail as the Congress MPs were asked to wait and were allowed to meet the nuns only after Joesph, along with state BJP leaders, met them. They were asked to wait by the jail authorities for almost one and half hours to meet the nuns. The meeting took place only after the intervention of Congress leader and former Chhattisgarh CM Bhupesh Baghel. Talking to reporters outside the jail premises, Premchandran claimed that the nuns were innocent, and it was a deliberate attack on them. "We were allotted time to meet the nuns at 12.30pm, but we were asked to wait, and the meeting took place only after the BJP delegation met them. We staged a demonstration outside the jail," Premchandran said. He said that he couldn't disclose the details of the meeting with nuns. The three young girls were being taken for jobs and the nuns had come to receive them at the railway station. Then some Bajrang Dal people arrived and assaulted them, he alleged.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store