India

India to Continue Purchasing Russian Oil Despite Trump’s Threats, Officials Say

India to Continue Purchasing Russian Oil Despite Trump’s Threats, Officials Say

New Delhi (Rajeev Sharma): Senior Indian officials have reaffirmed the country’s commitment to importing affordable crude oil from Russia, notwithstanding former U.S. President Donald Trump’s threats of penalties. This resolute stance underscores New Delhi’s growing disillusionment with Washington’s increasingly unpredictable foreign policy, signaling a significant shift in India’s approach to safeguarding its national interests. President Trump recently cautioned that a 25 percent tariff on India, along with unspecified penalties, would be imposed should the country fail to terminate its oil trade with Russia. “I understand that India is no longer going to be buying oil from Russia,” Trump informed reporters…
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India Receives Final C-295 Aircraft from Spain, Boosting Defence Modernisation Drive

India Receives Final C-295 Aircraft from Spain, Boosting Defence Modernisation Drive

National Times Bureau, Aug 2 , 2025: India received the last of the 16 Airbus C-295 military transport aircraft from Spain on Saturday, marking a key milestone in its ongoing military modernisation programme. The aircraft, known for its 5-10 tonne capacity and modern capabilities, is set to replace the ageing Avro fleet currently used by the Indian Air Force.The final aircraft was handed over at the Airbus Defence and Space assembly line in Seville. Indian Ambassador to Spain Dinesh K Patnaik and senior IAF officials were present to receive the delivery. The Indian Embassy in Spain highlighted that the delivery…
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Government Appoints Bankers and Legal Advisors for LIC Stake Sale; IDBI Bidder Likely by March

Government Appoints Bankers and Legal Advisors for LIC Stake Sale; IDBI Bidder Likely by March

New Delhi, Aug 2, 2025: The Department of Investment and Public Asset Management (DIPAM) has completed the process of appointing merchant bankers and legal advisors to assist with the proposed stake sale in Life Insurance Corporation of India (LIC), according to DIPAM Secretary Arunish Chawla. The announcement marks a significant step in the government’s broader divestment strategy for key financial institutions.Chawla also stated that the government expects to finalise the selection of a winning bidder for IDBI Bank by March. Financial bids for IDBI will be invited after October, with the government aiming to receive them by December. The central…
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PM Modi Reaffirms India’s Growth Path Amid Trump’s ‘Dead Economy’ Jibe and US Tariffs

PM Modi Reaffirms India’s Growth Path Amid Trump’s ‘Dead Economy’ Jibe and US Tariffs

Varanasi, Aug 2, 2025: Prime Minister Narendra Modi reaffirmed India’s economic resilience on Saturday, asserting that the nation is steadily moving towards becoming the world’s third-largest economy. Speaking at a public gathering in Banauli village in his parliamentary constituency Varanasi, Modi emphasized that amid global instability and uncertainty, India must focus sharply on its own economic priorities.His remarks come just days after US President Donald Trump described India as a “dead economy” and imposed a 25 per cent tariff on Indian imports, alongside threats of a penalty over India’s continued trade ties with Russia, particularly in the military and energy…
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India Defends Russian Oil Purchases Amid Tariff Threats and Global Scrutiny

India Defends Russian Oil Purchases Amid Tariff Threats and Global Scrutiny

New Delhi, Aug 2, 2025: India has reaffirmed its commitment to sourcing crude oil from Russia despite growing international scrutiny and recent comments from U.S. President Donald Trump suggesting a potential halt. Speaking to ANI, government sources emphasized that Indian oil refiners make procurement decisions based on pragmatic considerations such as pricing, crude grade, inventory levels, and logistical viability.Russia, the world’s second-largest crude oil producer and exporter, continues to play a key role in the global energy landscape, with an output of 9.5 million barrels per day (mb/d) and exports amounting to nearly 7 mb/d. Indian officials underscored that fears…
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Former CJI D.Y. Chandrachud Vacates Official Bungalow After Controversy Over Extended Stay

Former CJI D.Y. Chandrachud Vacates Official Bungalow After Controversy Over Extended Stay

National Times Bureau:- Former Chief Justice of India D Y Chandrachud has vacated the official residence of the head of the judiciary in the national capital. Justice Chandrachud, who was the 50th Chief Justice of India, had superannuated from the office on November 8, 2024. Recently, a controversy had arisen over his stay at the official residence of CJI at 5, Krishna Menon Marg, New Delhi, beyond permissible time.Talking to the PTI on July 7, Justice Chandrachud had cleared the air saying that his luggage was packed and he, along with his wife and children, would soon move to a…
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Punjab Vigilance Conducts Raid at Ranjit Singh Gill’s Home After BJP Switch

Punjab Vigilance Conducts Raid at Ranjit Singh Gill’s Home After BJP Switch

National times bureau:- The Punjab Vigilance Bureau (VB) on Saturday (August 2, 2025) raided the premises of former Akali leader and prominent realtor Ranjit Singh Gill in Chandigarh, sources said. The action came just a day after Mr. Gill joined the BJP. Mr. Gill was inducted into the BJP by Haryana Chief Minister Nayab Singh Saini at his official residence here on Friday evening. VB sleuths raided Mr. Gill's residence in Chandigarh. However, there is no official word on the raid operation yet.Mr. Gill had recently resigned from the primary membership of the Shiromani Akali Dal (SAD). He was once…
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CM Pushkar Dhami, Lt Gen Anindya Sengupta Discuss Military-Civil Coordination in Border Areas of Uttarakhand

CM Pushkar Dhami, Lt Gen Anindya Sengupta Discuss Military-Civil Coordination in Border Areas of Uttarakhand

Dehradun (Rajeev Sharma): Uttarakhand Chief Minister Pushkar Singh Dhami on Friday met Lieutenant General Anindya Sengupta (UYSM, AVSM, YSM), General Officer Commanding-in-Chief of the Central Command of the Indian Army, at the Chief Minister’s Camp Office to discuss strengthening coordination between the military and civil administration in the state’s border regions. During the meeting, CM Dhami lauded the Indian Army’s role in safeguarding the nation’s unity, sovereignty, and integrity, while also highlighting its active involvement in development activities and close collaboration with civil society. “In our border state of Uttarakhand, the Army has been playing a crucial role not only…
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India Defends Russian Oil Purchases, Cites Role in Stabilising Global Energy Markets

India Defends Russian Oil Purchases, Cites Role in Stabilising Global Energy Markets

New Delhi (Rajeev Sharma): Indian oil refiners will continue to source crude oil from Russian suppliers, with procurement decisions guided by factors such as price, crude grade, inventories, logistics, and other economic considerations, sources told ANI on Saturday. Russia, the world’s second-largest crude oil producer, pumps around 9.5 million barrels per day (mb/d), almost 10% of global demand, and exports nearly 4.5 mb/d of crude oil along with 2.3 mb/d of refined products. Sources noted that fears of Russian oil being excluded from the market in 2022 drove Brent crude prices to a record US$137 per barrel in March 2022.…
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Vice Presidential Election Announced: Polling Scheduled for September 9

Vice Presidential Election Announced: Polling Scheduled for September 9

New Delhi, Aug 1, 2025 — The Election Commission on Friday announced the schedule for the election to the post of Vice President of India, marking the beginning of the race for the nation’s second-highest constitutional office. The process formally begins with the notification of the election on August 7.According to the schedule, nomination papers can be filed until August 21, with scrutiny taking place on August 22. Candidates will be allowed to withdraw nominations by August 25. If the contest sees more than one candidate, polling will be conducted on September 9, with the results declared the same day.The…
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