Putin Visits India, Russia-India Signed 16 Agreements
India and Russia signed 16 agreements covering defence, trade, economy, healthcare, academia, culture, and media. Prime Minister Narendra Modi held a joint press conference with Russian President Vladimir Putin at the 23rd India-Russia Annual Summit in New Delhi. During this meeting, Narendra Modi said that the India-Russia friendship will give the courage to overcome challenges,…
The Triad of India, Russia and China Building Financial Independence in a Multipolar World
On August 31, 2025, SCO leaders convened in Tianjin, highlighting their multipolar ambitions. China’s President Xi Jinping greeted Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, and officials from Central Asia, Iran, and Belarus. The widely circulated images showed more than mere handshakes; they symbolized a changing global landscape where Western influence is waning….
The Business Cost of Global Tensions and What Leaders Must DoÂ
Boardrooms today face a new reality where geopolitics has become a daily business challenge, as companies quietly shift supply chains and reroute shipments to adapt. It’s no longer enough for CEOs to react; they must proactively reimagine business models in an era defined by uncertainty. US-China Decoupling Over the past two years, US-China decoupling has…
India’s New Crude Oil Strategy: Middle East on Focus
Recently, the Biden administration forced a few new sanctions on the Russian oil producers Gazprom Neft and Surgutneftegas, along with 180 tankers shipping Russian oil. The Biden administration did this to suppress Moscow’s revenue, which was used to finance the Ukraine war. These new sanctions also disrupted the Russian shadow fleet. After this move from…
How Will The Oil Price Surge Impact The Indian Economy?
Russia and Ukraine’s missile exchange caused International crude oil prices to spike 2% on Thursday, November 21. The last time Brent crude prices rose from $1.04 (1.4%) to $73.85. The WTI (West Texas Intermediate) recovered $1.46 (2.1%) to $70.22. This week, WTI gained 4.8%, while Brent Crude went up 1.8%. Crude oil traded 1.49% higher…
Russian Oil Impact: India Saves $7.9 Bn On Oil Imports
Lately, the conflict in some parts of the world has increased the price of crude oil, threatening developing economies like India. However, India’s friendship with Russia has paid off again. According to ICRA, India saved more than $7.9 billion on oil imports in FY 23-24 by buying discounted crude oil from Russia. This is a…
India Smashes Export Record: Hits $776 Billion Milestone
India has reached a historic milestone in their exporting journey. The nation has crossed the $776 billion mark in overall exports, according to the provisional data released by the commerce ministry on Monday. Although the increases compared to the previous year are barely marginal, they were enough to set a new record. The increase was…
Crude Oil Slips Continuously Amid Raging West Asian War
It has been almost 2 weeks since Israeli forces entered the Gaza Strip. With the war raging between Israel and Hamas, many experts expected oil prices to surge, but contrary to popular belief, the oil prices are slipping continuously. On Wednesday, oil prices fell almost 4% to a 3-month low with Brent crude oil selling…
Indonesia’s Economy Expected To Surpass Russia’s By 2026
The landscape of the global economy is changing every so often. Recently India surpassed the UK to become the 5th largest Nominal economy in the world. Now, according to the data from the IMF (International Monetary Fund) Indonesia is all set to surpass Russia to become the 6th largest economy in terms of PPP (Purchase…
Oil Minister Urges OPEC To Have A Sense Of Pragmatism
Oil prices have risen a lot in the last few months, since August 2022 the OPEC and OPEC+ group of oil exporters have decreased their oil production by 5% which resulted in a 34% hike in oil prices around the world. The price of a single barrel of oil in August 2022 was $72/bbl while…
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