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India’s crude oil imports from Russia between April and September 2025 fell 8.4% year-on-year, driven by narrower price discounts and tighter supply availability from Russian producers. Industry and shipping data indicated that refiners sought alternative supply sources, with a notable shift towards Middle Eastern and U.S. crude.The reduction is also influenced by intensifying pressure from
China has imposed sweeping export restrictions on rare earth elements (REEs), key materials critical to producing advanced semiconductors, microchips, and defence technologies. The policy grants Beijing direct control over global REE supply, reflecting its dominance—accounting for 68.6% of world production and 90% of global processing. For heavy rare earths, that figure reaches 99%. This abrupt
China has officially begun imposing special port fees on U.S.-owned, operated, constructed, or registered vessels arriving at Chinese ports starting October 14, 2025, as a direct response to similar fees imposed by the U.S. on Chinese-linked ships.The initial port fees are set at 400 yuan ($56) per net ton and will escalate annually on April 17 for the next three years. Notably, vessels built in
US Ambassador-designate Sergio Gor had met with Commerce Secretary Rajesh AgrawalA senior team of Indian officials is set to visit Washington, D.C., from October 15 to 17 to continue negotiations on the proposed Bilateral Trade Agreement (BTA) with the United States. The talks come at a critical moment, as both sides aim to finalize the first tranche of the pact by fall 2025. Commerce Secretary
Prime Minister Narendra Modi met with Canadian Foreign Minister Anita Anand in New Delhi on October 13, 2025, highlighting that her visit would help impart new momentum to the bilateral partnership between India and Canada. Modi recalled his visit to Canada in June for the G7 Summit, where he had an extremely productive meeting with Canadian Prime Minister Mark Carney.The Prime Minister
Afghanistan’s Foreign Minister, Amir Khan Muttaqi, recently addressed a press conference in New Delhi during his visit to India, where he extended a formal invitation to India to invest in key sectors of Afghanistan’s economy.He emphasised minerals, agriculture, and sports as prime areas for potential Indian investment, highlighting Afghanistan’s rich natural resources and growth
US Ambassador-designate Sergio Gor’s recent visit to New Delhi marked a significant step in advancing the multifaceted relationship between India and the United States.On Sunday, Gor met with Commerce Secretary Rajesh Agarwal to discuss strengthening bilateral economic ties, focusing particularly on enhancing investment flows into the United States. This meeting is a crucial element of ongoing
In a fresh reiteration of his foreign policy approach, U.S. President Donald Trump claimed that his use of economic leverage and tariff threats helped prevent several international conflicts, including tensions between India and Pakistan. Speaking to reporters aboard Air Force One on October 13, 2025, Trump asserted that he had “settled a few wars just based on tariffs.”According to Trump, his
Canadian Foreign Minister Anita Anand has arrived in New Delhi on October 12, 2025, as part of her official Indo-Pacific diplomatic tour covering India, Singapore, and China.The week-long visit, scheduled from October 12 to October 17, aims to strengthen bilateral relations and enhance strategic cooperation under Canada’s Indo-Pacific Strategy.In New Delhi, Anand is set to hold high-level talks
India and Canada have renewed diplomatic and economic engagement with a view to revitalising bilateral trade relations after a period of strain. On Saturday, India’s Commerce and Industry Minister Piyush Goyal met with Canada’s Minister of International Trade, Maninder Sidhu, in New Delhi to discuss strategies to strengthen economic cooperation and restore momentum to trade talks.The meeting