India

India in talks to increase Russian oil imports

As international players refuse to engage with Moscow over its invasion of Ukraine, India is aiming to increase its Russian oil imports, with state-owned refiners willing to absorb more steeply discounted supplies from Rosneft PJSC. According to persons familiar with the firms’ procurement intentions, state processors are working together to finalise and secure fresh six-month […]

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India

India to have its own SpaceX in the next 2 years- says Principal Scientific Advisor

The government will soon publish a new space strategy aimed at increasing private engagement, according to Principal Scientific Advisor Ajay Kumar Sood, which might lead to the creation of own “SpaceX-like companies” for India. The government’s chief scientific advisor stated in an interview that consultations had taken place and that the final text of the […]

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India

India has no immediate plan to lift the wheat export ban- Union Minister of Commerce and Industry Piyush Goyal

India has no imminent intentions to remove its wheat export ban but will continue to do business directly with other nations, according to Commerce Minister Piyush Goyal. After a blistering heatwave hampered output and local prices reached a record high, the world’s second-largest producer of wheat banned private international sales of the crop on May […]

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India's own 5G stack

India’s own 5G stack will be ready around September-October, says Communications Minister Ashwini Vaishnaw

India’s own 5G stack would be available in September or October, according to Communications Minister Ashwini Vaishnaw, who also advised countries to look into these national telecom stacks for cost and quality advantages. The minister claimed India’s indigenous telecom stacks represent “huge fundamental technological achievements” during an event hosted by the Telecom Regulatory Authority of […]

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External Affairs Minister S Jaishanka

External Affairs Minister S Jaishanka stated: “Our total purchases for the month would be less than what Europe does in an afternoon”

During a news conference for the India-US 2+2 Ministerial Dialogue, External Affairs Minister S Jaishanka claimed that India’s monthly imports of Russian oil are less than what Europe buys in an afternoon. The US Secretary of State Antony Blinken, Secretary of Defense Lloyd Austin, India’s External Affairs Minister S Jaishanka and Minister of Defense Rajnath […]

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