Latest news with #VikramDoraiswami
Time of India
2 days ago
- Business
- Time of India
India cannot ‘switch off its economy', says envoy to UK on Russian oil imports
India's high commissioner to the UK Vikram Doraiswami has dismissed the western criticism of New Delhi's oil imports from Russia and said a country can't "switch off its economy". Doraiswami said many of India's European partners are also continuing to buy rare earth and other energy products from the same countries that they're "refusing to let us buy from". He was speaking to British radio station, Times Radio, last week after the PM's visit to London. "Don't you think that that seems a little odd?" Doraiswami said. When asked about India's "closeness" with Russia and President Vladimir Putin, he said New Delhi's relationship is based on a number of metrics. "One of these is our long-standing security relationship that goes back to an era in which some of our western partners would not sell us weapons but would sell them to countries in our neighbourhood that use them only to attack us," the high commissioner said in an indirect reference to US-Pakistan military ties from the Cold War era. He said India has an "energy relationship" with Russia, which is the result of "everybody else buying energy from sources that we used to buy from earlier". "So we've been displaced out of the energy market largely, and the costs have gone up. We are the third-largest consumer of energy in the world. We import over 80% of our product. What would you have us do? Switch off our economy," Doraiswami said. "We also see around us relationships that other countries maintain for their own convenience with countries that are a source of difficulty for us. Do we ask you to come up with a little test of loyalty?" he said. India has called EU sanctions on Rosneft refinery in India as unilateral to which it does not subscribe. On the Russia-Ukraine conflict, he said Prime Minister Narendra Modi has repeatedly said that "this isn't an era of war". "He's made that point repeatedly, including with the president of Russia and with the president of Ukraine," he said. "We are very keen for this terrible conflict to stop, as we are keen for conflicts across the world to stop," Doraiswami added.
Time of India
3 days ago
- Business
- Time of India
India cannot ‘switch off its economy', says envoy to UK on Russian oil imports
India's high commissioner to the UK Vikram Doraiswami has dismissed the western criticism of New Delhi's oil imports from Russia and said a country can't "switch off its economy". Doraiswami said many of India's European partners are also continuing to buy rare earth and other energy products from the same countries that they're "refusing to let us buy from". He was speaking to British radio station, Times Radio, last week after the PM's visit to London. "Don't you think that that seems a little odd?" Doraiswami said. When asked about India's "closeness" with Russia and President Vladimir Putin, he said New Delhi's relationship is based on a number of metrics. "One of these is our long-standing security relationship that goes back to an era in which some of our western partners would not sell us weapons but would sell them to countries in our neighbourhood that use them only to attack us," the high commissioner said in an indirect reference to US-Pakistan military ties from the Cold War era. He said India has an "energy relationship" with Russia, which is the result of "everybody else buying energy from sources that we used to buy from earlier". "So we've been displaced out of the energy market largely, and the costs have gone up. We are the third-largest consumer of energy in the world. We import over 80% of our product. What would you have us do? Switch off our economy," Doraiswami said. "We also see around us relationships that other countries maintain for their own convenience with countries that are a source of difficulty for us. Do we ask you to come up with a little test of loyalty?" he said. India has called EU sanctions on Rosneft refinery in India as unilateral to which it does not subscribe. On the Russia-Ukraine conflict, he said Prime Minister Narendra Modi has repeatedly said that "this isn't an era of war". "He's made that point repeatedly, including with the president of Russia and with the president of Ukraine," he said. "We are very keen for this terrible conflict to stop, as we are keen for conflicts across the world to stop," Doraiswami added.
Time of India
3 days ago
- Business
- Time of India
India cannot ‘switch off its economy', says envoy to UK on Russian oil imports
India's high commissioner to the UK Vikram Doraiswami has dismissed the western criticism of New Delhi's oil imports from Russia and said a country can't "switch off its economy". Doraiswami said many of India's European partners are also continuing to buy rare earth and other energy products from the same countries that they're "refusing to let us buy from". He was speaking to British radio station, Times Radio, last week after the PM's visit to London. Explore courses from Top Institutes in Please select course: Select a Course Category CXO Product Management Healthcare Management Data Science Technology Data Analytics Degree Artificial Intelligence Digital Marketing Finance healthcare Operations Management Data Science others PGDM Public Policy Design Thinking Cybersecurity Others MBA Project Management Leadership MCA Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details "Don't you think that that seems a little odd?" Doraiswami said. When asked about India's "closeness" with Russia and President Vladimir Putin, he said New Delhi's relationship is based on a number of metrics. "One of these is our long-standing security relationship that goes back to an era in which some of our western partners would not sell us weapons but would sell them to countries in our neighbourhood that use them only to attack us," the high commissioner said in an indirect reference to US-Pakistan military ties from the Cold War era. He said India has an "energy relationship" with Russia, which is the result of "everybody else buying energy from sources that we used to buy from earlier". "So we've been displaced out of the energy market largely, and the costs have gone up. We are the third-largest consumer of energy in the world. We import over 80% of our product. What would you have us do? Switch off our economy," Doraiswami said. "We also see around us relationships that other countries maintain for their own convenience with countries that are a source of difficulty for us. Do we ask you to come up with a little test of loyalty?" he said. India has called EU sanctions on Rosneft refinery in India as unilateral to which it does not subscribe. On the Russia-Ukraine conflict, he said Prime Minister Narendra Modi has repeatedly said that "this isn't an era of war". "He's made that point repeatedly, including with the president of Russia and with the president of Ukraine," he said. "We are very keen for this terrible conflict to stop, as we are keen for conflicts across the world to stop," Doraiswami added. Economic Times WhatsApp channel )
New Indian Express
3 days ago
- Sport
- New Indian Express
Kind of cricket on display during England series made every cricket lover proud: coach Gambhir
The Indian cricket team received a rousing welcome from community leaders, parliamentarians, and sports fans at a diaspora reception hosted by the High Commission of India in London, where the squad is set for the fifth and final Test against England at The Oval from Thursday. He went on to highlight the importance of the fifth and final Test, which India needed to win to level the series that now stands 2-1 in favour of England. Both the teams have thrown a lot of punches and have fought for every inch. We have got one more week to go, one final push to make and one more opportunity to make our country and people out here proud, said Gambhir. The players were cheered enthusiastically by the crowd as some of the highlights from their recent games were played out on screen. Vikram Doraiswami, India's High Commissioner to the UK, said the fighting spirit the team showed during the series was a just reflection of the country's will to fight the odds. It's been a great series, played in the best of spirit. But the best bit of it all is the fact that we have a chance to see Test cricket played the way it is intended to be contests for full five days, contests that have gone to the wire, contests in which the great sense of cricket as a game that is played with intensity for five days. And to have our team here display what is truly the range of skills but also the fighting spirit that is now associated with Team India is also a great reflection of the fighting spirit that now stands for the new India that we are all privileged to represent here, said Doraiswami. No matter what happens (in the final Test), we couldn't be more proud of who you (Team India) are, what you represent, where you came from and what you mean to all of us, he said. Richard Gould, chief executive of the England and Wales Cricket Board (ECB), referenced the India-UK Free Trade Agreement (FTA) signed off during Prime Minister Narendra Modi's UK visit last week, as a sign of the immense scope of collaboration between the two nations, including sports. In four Test matches so far, every one of them has gone deep into the fifth day It's difficult to remember a Test series that has really resounded as deeply as this one has, both in England and back in India, and we are all really looking forward to seeing the battle recommence at The Oval on Thursday, said Gould. The diaspora gathering concluded with a brief in-conversation session moderated by commentator and former head coach Ravi Shastri with a few players including captain Shubman Gill. Before the start of the series, I felt I haven't really shown my best and I was working quite hard on my game before the series as I wanted to prove myself, said Gill, with reference to his over 700 runs notched up during the series so far. It was a very hard-fought game of cricket over the past four days, he added.
Mint
4 days ago
- Business
- Mint
‘Switch off our economy?': Indian Envoy Vikram Doraiswami schools Western media on Russian oil question
Indian High Commissioner to the United Kingdom Vikram Doraiswami delivered a rather fierce and a blunt reply to a journalist criticising India's oil imports from Russia. Doraiswami, who was talking to British radio station Times Radio last week, asked 'What would have us do? Switch off our economy?', adding that India is the third largest consumer of energy in the world and imports over 80 per cent of its products. According to a TOI report, the High Commissioner pointed out the irony and said that many of European countries are continuing to buy rare earth and other energy products, not oil, perhaps, but from the same countries that they're refusing to let India purchase from. When asked about India's 'closeness' with Russia and its president Vladimir Putin, Doraiswami said, 'We have a relationship that is based on a number of metrics. One of these is our long-standing security relationship that goes back to an era in which some of our Western partners wouldn't sell us weapons, but would sell it to countries in our neighbourhood that use them only to attack us.' 'Second, we have an energy relationship today which is a result of everybody else buying energy from sources that we used to earlier buy from. So we've been displaced out of the energy market largely and the cost have gone up. We are the third largest consumer of energy in the world and we import over 80 per cent of our product. What would you have us to do? Switch off our energy?' Doraiswami asked. "Third, we also see around us relationships that other countries maintain for their own convenience with countries that are a source of difficulty for us. Do we ask you to come up with a little test of loyalty?" he further asked. A Reuters report on Monday said that the European Parliament is considering proposals to speed up the EU's phase out Russian gas by one year, to January 2027, as officials in Brussels prepare to negotiate the legally-binding ban. European Union countries and lawmakers are preparing to negotiate the EU's plan to ban imports of Russian gas – with the starting point a legal proposal the European Commission made last month to phase out all Russian gas imports by January 1, 2028. The Parliament's lead lawmakers on the Russian gas ban have each proposed that this deadline is moved forward to January 1, 2027, documents detailing their amendments to the Commission proposal showed, the report added.
