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By Rhod Mackenzie

India believes that the world should appreciate its decision to purchase Russian oil instead of criticizing it. Previously, there were calls in the EU to ban India from supplying gasoline and diesel made from Russian oil.
India believes that it is contributing to stabilizing the...

By Rhod Mackenzie

The Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation, India's state-owned oil refineries, are in talks with Rosneft about long-term supplies of its oil, Bloomberg reported, citing sources .
"All three of India's state-owned refiners are in...

By Rhod Mackenzie

Two years after the introduction of Western sanctions against Russia, it can be concluded that they did not achieve their intended goals, as indicated in the study 'Why did the sanctions not work?' conducted by the Center for Financial Analytics of Sberbank. RBC reported this wit...

Iran's Ambassador to India Iraj Elahi, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal discussed the development of cooperation between India, Iran.

"H.E. Iraj Elahi ambassador of the Islamic Republic of Iran in New Delhi, met with H.E. Sarbananda Sonowal, Minister of Ports, Shi...

Following South Africa's decision to trigger preferential trade as part of the free trade agreement with Egypt, sources from the latter country have highlighted the initial benefits of the nation's BRICS group membership.

This move signifies a fresh era of economic collaboration and paves the way...

By Rhod Mackenzie

On February 6, the CSI 300, China's main index, rose by 3.5%. The following day, the rally continued, albeit with more modest growth of only 0.5%. Bloomberg reports that investors are hopeful that the Chinese government's support will stabilize the situation in the stock markets,...