"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 ...
India celebrated the dawn of 2024 with a groundbreaking achievement in space exploration. The X-ray Polarimeter Satellite (XPoSAT) successfully lifted off at 9:10 am on Monday, marking a significant leap in advanced astronomy. This mission, led by the Indian Space Research Organisation (ISRO), is poised to delve into the enigmatic realm of black holes and neutron stars.Mission Objectives:The primary goal of XPoSAT is to unravel the secrets of black holes, remnants of stellar deaths, and neutron stars. Dr. Varun Bhalerao, an astrophysicist at IIT-Bombay, highlights the mission's aim to understand the fundamental functioning of the universe.Scientific Significance:In an exclusive interview with NDTV's Science Editor Pallava Bagla, Dr. Bhalerao explained the intricate nature of this scientific endeavor. Unlike conventional experiments, studying objects light-years away demands sophisticated observatories. The key lies in analyzing the spectrum and understanding how brightness chan...