Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año
The Perfect Holiday Gift Gift Now

India not going to buy much oil from Russia, says Trump

Business Standard

|

October 23, 2025

Phone call ahead of Malaysia summit to which both leaders are invited

- ARCHIS MOHAN

India not going to buy much oil from Russia, says Trump

US President Donald Trump dialled Prime Minister Narendra Modi on Wednesday morning to extend his Diwali greetings, and later told reporters at the White House that the two discussed trade issues, and India’s conflict with Pakistan.

Unlike last week, when Trump had claimed that India would stop all its purchases of Russian crude oil, the US President suggested that New Delhi would curb its procurement of Russian energy rather than completely halting it. He said India will not buy “much oil from Russia”.

In his comments at the White House, Trump said that Modi and him “talked about trade, we talked about a lot of things, but mostly the world of trade. He’s very interested in that. Although we did talk a little while ago about “let’s have no wars with Pakistan”.

“I think the fact that trade was involved, I was able to talk about it then, and we have no war with Pakistan and India and that was a very, very good thing, but he’s a great person and he’s become a great friend of mine over the years,” the US President said.

MÁS HISTORIAS DE Business Standard

Business Standard

Avoid over-allocation and chasing recent performance

In calendar year (CY) 2025, sectoral funds tracking the Nifty PSU Bank (26 per cent), Nifty Auto (20 per cent) and Nifty Metal (24 per cent) emerged as top performers.

time to read

2 mins

January 02, 2026

Business Standard

Business Standard

Moving with the times and tides

From open outcry trading and paper share certificates to demat accounts, the BSE has come a long way

time to read

1 min

January 02, 2026

Business Standard

From herstoric win to space glory, all that shaped the India story

Rediffusion's 'Hits & Misses' survey on what dominated the country's landscape

time to read

2 mins

January 02, 2026

Business Standard

The secret sauce to superior equity returns

Driven by disciplined capital management and macro stability efforts, the Indian stock market has delivered stellar long-term returns, consistently ranking among the best global performers for 40 years

time to read

3 mins

January 02, 2026

Business Standard

Business Standard

'India is still at an early stage in passive investing compared with US'

The Sensex’s 40-year milestone comes at a time when passive investing is reshaping India’s capital markets, with indices increasingly forming the backbone of investment products.

time to read

2 mins

January 02, 2026

Business Standard

Business Standard

The changing script of India’s most honest storyteller

When the Sensex was first published in 1986, India was still a closed, slow-moving economy trying to find its footing.

time to read

3 mins

January 02, 2026

Business Standard

Business Standard

Excise duty on tobacco, health cess on pan masala from Feb 1

Tobacco products and pan masala will attract additional central excise duty and Health Security se National Security Cess, respectively, with effect from February 1, the Ministry of Finance said in a series of notifications issued late on Wednesday.

time to read

3 mins

January 02, 2026

Business Standard

Risk-weight rules for NBFC infra loans relaxed

The Reserve Bank of India (RBI) on Thursday eased its proposed risk-weight framework for infrastructure lending by non-banking financial companies (NBFCs) following industry feedback, as it retained key lender protection norms.

time to read

1 min

January 02, 2026

Business Standard

Business Standard

BSE Sensex tops other asset classes by a hefty margin in 40 years

It has beaten gold and traditional savings, delivering a consistent winning streak while creating significant wealth for ordinary people who held their investments through decades of economic growth

time to read

4 mins

January 02, 2026

Business Standard

Legacy companies make way for modern businesses on the index

Family-owned firms’ predominance in the Sensex is in relative decline over the life of the index.

time to read

5 mins

January 02, 2026

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back