Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up  here .Russia is sending cargoes of sanctioned oil to India on tankers that have been blacklisted by the US Treasury — setting up an acid test of Moscow's ability to get around aggressive measures imposed by Washington earlier this month.

Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil. Oil and gas revenues are vital sources of revenue, accounting for between a third and half of Russia 's federal budget over the last decade. In particular, these revenues play a key role in helping Putin to finance his war in Ukraine.

Moscow: Russia has formed a new Quad like the US. It has been named the Afghanistan Quad. Its aim is to work with the powerful countries of the region on the future of Afghanistan. Now Russia wants India to join this Afghanistan Quad.

The Moscow City Tourism Committee is currently in talks with the Indian government to establish a ‘group-free visa regime’

The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating both short- and medium-term winners and losers.

Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped,

The latest U.S. sanctions on Russia’s oil and gas sector have raised the cost of chartering tankers not under restrictions so significantly that trade with China and India for delivery in March has stalled,

Indonesian President Prabowo Subianto Djojohadikusumo was the chief guest at India’s Republic Day celebrations on January 26. He also met Prime Minister Narendra Modi. This is an opportunity for Asia’s two giant democracies to start working together to promote shared values on human rights.

It was the latest thaw in relations between the two countries, whose troops were involved in deadly skirmishes high in the Himalayas in 2020.

The Russian Su-57 stealth fighter will make its debut at Aero India 2025, signaling a shift in India’s defense strategy. With the F-35’s absence, could this mark a new era in India’s fighter jet selection?

Aero India 2025 is set to be a landmark event in the aerospace and defence industry, drawing attention from global players. One of the major highlights will be Russia’s announcement to showcase its ad

According to Vinay Kumar, Indian diplomatic and commercial missions are facilitating negotiations between India and Russia on mutual acceptance of payments from Mir payment systems and Indian RuPay