"India's Efforts to Secure Affordable Russian Oil Amid Tightening Sanctions" India’s state-owned refiners are expediting payments for Russian crude oil to complete transactions before expanded US sanctions take effect. These refiners now settle payments within two days instead of the usual five, aiming to secure discounted Russian oil while navigating an increasingly restricted global trade environment. The urgency stems from Washington's announcement of stricter sanctions targeting Russia’s oil industry, which are set to take effect next month. Refiners are keen to ensure transactions are completed during the “wind-down” period allowed for pre-sanctioned cargoes. At least 4.4 million barrels of Russian oil are en route to Indian ports like Jamnagar, Chennai, Paradip, and Visakhapatnam. Among these shipments is the tanker Mercury , carrying over 1 million barrels of Russian Urals crude, expected to arrive in Paradip soon. This vessel loaded its cargo in mid-December ...
Introduction : The recent developments in Ayodhya, particularly the construction of the Ram Mandir and the upcoming Masjid Muhammed bin Abdullah, mark a significant chapter in India's history. After the decades-long dispute over the Babri Mosque, the region is now poised for a fresh start towards harmony and coexistence. 1. Historical Context: The demolition of the Babri Mosque in 1992 triggered communal riots, leading to widespread violence and significant loss of life. In 2019, the Supreme Court declared the mosque's demolition unlawful and awarded the disputed land to Ram Lalla Virajman, paving the way for the construction of the Ram Mandir. 2. Ram Mandir Inauguration: Scheduled for January 22, 2024, the inauguration of the Ram Mandir is a momentous occasion for millions of Hindus. The construction, sanctioned by the Supreme Court, signifies a legal resolution to a longstanding religious dispute. 3. Masjid Muhammed bin Abdullah: In a parallel development, Muslim groups plan ...