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India.com
4 days ago
- Business
- India.com
BIG move by India amid Trump tariff war as NSA Doval meets Putin to discuss..., Russian President to visit India on...
NSA Ajit Doval met Russian President Vladimir Putin at the Kremlin in Moscow on Thursday, (Image/screengrab) Trump Tariffs on India: In a major move after US President Donald Trump unleashed an all-out tariff war against India for purchasing oil and military hardware from Russia, National Security Advisor (NSA) Ajit Doval Thursday met Russian President Vladimir Putin at the Kremlin during the former's visit to Moscow. What Doval and Putin discussed? A video shared by Moscow's Kremlin press service showed NSA Doval shaking hands with the Russian President before the two sat down to hold talks. While the details of the Doval-Putin meeting have not been made public, its believed that the Indian NSA was in Moscow to discuss measures to counter Trump's tariff war against India. 'We have got a very special relationship, long relationship and we highly value our strategic partnership. We have had high-level engagements and these have contributed very substantially,' Doval said after the meeting with Putin, according to Sputnik News. Earlier, Doval also held talks with Russian Security Council Secretary Sergey Shoigu. NSA Doval's visit commenced on day when Donald Trump signed an executive order slapping an additional 25 percent tariff on Indian goods as a penalty for buying Russian oil and weapons, doubling it to 50 per cent. Ajit Doval arrived in Moscow on Wednesday to hold crucial talks on bilateral energy and defence ties and to prepare the ground for President Putin's visit to India later this year, according to official sources. When is Putin visiting India? Meanwhile, NSA Doval refuted media reports that Russian President Vladimir Putin was set to visit at the end of August, stating that no specific date or time has been worked out yet, but noted that the dates are 'almost finalized'. 'We are very excited and delighted to learn about the visit of His Excellency, the President of Russia, President Putin, to India. I think that the dates are almost finalized now. The more important thing is that the summit meetings have always been a watershed point,' Doval was quoted as saying by Russian media outlets. Notably, Prime Minister Narendra Modi had visited Russia in July last year, where he met Russian President Vladimir Putin, and the two leaders had lauded the time-tested India-Russia relations, which is 'based on trust, mutual understanding and strategic convergence.' Trump tariffs on India On Wednesday, US President Donald Trump slapped an additional 25 percent tariff on Indian imports, taking the total tariffs imposed on Indian goods to 50 percent. Trump signed an executive order imposing the additional tariff less than 14 hours before his initial tariffs on India were set to come into effect. The US President called the additional tariffs on India as a 'punishment' for purchasing Russian oil. 'I find that the Government of India is currently directly or indirectly importing Russian Federation oil. Accordingly, and as consistent with applicable law, articles of India imported into the customs territory of the United States shall be subject to an additional ad valorem rate of duty of 25 percent,' the order read.
Hindustan Times
4 days ago
- Business
- Hindustan Times
NSA Ajit Doval meets Putin in Moscow day after Trump slaps tariffs
National Security Adviser Ajit Doval met Russian President Vladimir Putin at the Kremlin during his visit to Moscow for bilateral talks focused on security, economic, and energy cooperation. NSA Ajit Doval meets Russian President Vladimir Putin at the Kremlin.(Kremlin ) The meeting came a day after US President Donald Trump announced steep new tariffs on Indian imports in response to New Delhi's continued purchases of Russian crude oil. Trump, on Wednesday, signed an executive order imposing an additional 25 per cent tariff on Indian goods, effectively doubling the total tariff burden to 50 per cent. India has defended its energy trade with Russia, maintaining that its oil imports are 'driven by national interest and market dynamics.' In a video released by Russian state media outlet Sputnik News, Doval described India's relationship with Russia as 'very special,' underlining the depth of long-standing strategic ties between the two countries. 'We have got a very special relationship, long relationship and we highly value our strategic partnership. We have had high-level engagements and these have contributed very substantially,' Doval said. He also welcomed the announcement of an upcoming state visit by President Putin to India, saying summit meetings have historically marked key moments in bilateral ties. 'We are very excited and delighted to learn about the visit of His Excellency, the President of Russia, President Putin, to India. I think that the dates are almost finalized now. The more important thing is that the summit meetings have always been a watershed point,' Doval added. According to sources cited by news agency ANI, while Doval confirmed that plans for the Russian president's visit are underway, no specific dates were finalised during his engagements in Moscow. India and Russia continue to expand their defence cooperation. In 2018, India signed a $5.43 billion deal for five squadrons of the S-400 Triumf air defence missile system from Russia. So far, three squadrons have been delivered.
India.com
4 days ago
- Business
- India.com
Dates Of Russian Presidents Visit To India Being Worked Out, No Specific Date Indicated By NSA: Report
National Security Advisor (NSA) Ajit Doval, who is in Moscow, has said that the dates of Russian President Vladimir Putin's visit to India are being worked out, sources said on Thursday, noting that no specific date or time has been indicated by the NSA in his engagements. The sources said the time of the end of August being reported in a section of the media is incorrect. According to a video posted by Sputnik News, Doval said in his remarks that India and Russia have a very special relationship. "We have got a very special relationship, long relationship and we highly value our strategic partnership. We have had high-level engagements and these have contributed very substantially," he said. "We are very excited and delighted to learn about the visit of His Excellency, the President of Russia, President Putin, to India. I think that the dates are almost finalized now. The more important thing is that the summit meetings have always been a watershed point," he added. Prime Minister Narendra Modi had visited Russia in July last year, and he and President Vladimir Putin highly appreciated the special nature of this time-tested relationship, which is based on trust, mutual understanding and strategic convergence. According to a joint statement after a meeting between the two leaders, they positively assessed the multi-faceted, mutually beneficial India-Russia relations that span all possible areas of cooperation, including political and strategic, military and security, trade and investment, energy, science and technology, nuclear, space, cultural, education and humanitarian cooperation. It was noted with satisfaction that both Sides are actively exploring new avenues for cooperation while further strengthening cooperation in the traditional areas. The 11th Session of the India-Russia Working Group on Modernization and Industrial Cooperation was held in national capital on Wednesday under the framework of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation.
Saba Yemen
06-07-2025
- General
- Saba Yemen
Emergency Landing of AN-2 Aircraft in Russia's Chita Region
Moscow - Saba: A light AN-2 aircraft operated by DOSAAF made a hard emergency landing in the Chitinsky district of Russia's Zabaykalsky Krai, just 16 minutes after takeoff, according to the Russian Ministry of Emergency Situations. Sputnik News quoted the ministry stating the plane landed near the "Topograph" gardening association. It was carrying 10 parachutists and one crew member. Six people were injured, but no fatalities or fires occurred. Rescue operations are underway with 37 personnel and 12 vehicles involved. An investigation into the cause of the incident is ongoing. Whatsapp Telegram Email Print
NDTV
04-07-2025
- Business
- NDTV
BRICS+ Expansion: What It Means For India And The Global South
Prime Minister Narendra Modi's five-nation tour, which includes a key stop in Brazil for the upcoming BRICS Summit, comes at a pivotal moment for the grouping's evolving identity. With BRICS+ expansion high on the agenda, the summit is expected to delve into the inclusion of new member countries - a move that could reshape the global power balance. As the voice of the Global South grows louder, India's role within BRICS is poised to become even more influential. PM Modi's participation signals New Delhi's commitment to shaping the expanded framework and aligning its priorities toward development, equity, and a multipolar world order. The BRICS bloc, initially formed by Brazil, Russia, India, China, and South Africa, has now expanded to include Saudi Arabia, Egypt, the United Arab Emirates, Ethiopia, Indonesia, and Iran, bringing the total number of member nations to eleven. This expansion transforms BRICS into a more formidable coalition, representing nearly half of the world's population and around 37% of global GDP in purchasing power parity (PPP). The enlargement signals a strategic pivot towards greater cooperation among emerging economies, with a focus on financial sovereignty, sustainable development, and inclusive global governance. Strengthens Global South and Pushes De-Dollarisation According to a report by Sputnik News, the recent BRICS+ expansion reflects a strategic shift toward the Global South. With the inclusion of Saudi Arabia, Iran, and the UAE, the bloc now accounts for approximately 45% of the world's oil production, significantly boosting its energy influence on the global stage. This shift empowers the bloc to explore de-dollarisation-trading oil in local currencies like rupees or the yuan, potentially weakening western financial hegemony. The New Development Bank (NDB) also strengthens with new members, enhancing its ability to fund South-South infrastructure and sustainability projects outside Western-led institutions. (South-South cooperation (SSC) refers to the exchange of resources, technology, and knowledge between developing countries.) What It Means For India? According to United States Institute of Peace, India views BRICS as a platform to promote global leadership, strategic autonomy, and a multipolar world order. While its relationships with Russia and Iran within BRICS may complicate ties with the US, they haven't hindered India's growing security cooperation with the US. For India, the expanded group offers significant dividends. Incoming BRICS members like Egypt and Ethiopia are longstanding strategic partners, offering new avenues for trade, energy security, and geopolitical engagement. With major energy suppliers aboard, India gains leverage to diversify supply chains and secure imports at competitive terms. Increased intra-BRICS trade can boost Indian exports in textiles, machinery, and technology, bolstering its bid to become a South-South leader. Strategically, India's robust ties with both Western democracies and BRICS grant it a unique bridging role. It adeptly balances China-Russia ambitions with its own vision of multipolarity, reinforcing global governance reform without becoming a pawn in great-power rivalry. But challenges loom. Internal divisions, such as those between China's push for geopolitical dominance and India's insistence on defined membership criteria, could hamper cohesion. BRICS' diverse membership - from democracies to authoritarian states - creates coordination frictions, especially on contentious issues. Consensus-based decision-making may slow the group's ability to act decisively. According to Reuters, BRICS+ plans a new multilateral guarantee fund through the NDB to catalyse private sector investment in member economies, with pilot programmes expected in 2026. As Prime Minister Modi prepares to attend the July 2025 summit in Rio, India is positioning itself as the voice of a more inclusive Global South.
