Jaishankar’s upcoming Russia visit: What rupee-ruble trade means for India


Source: firstpost.com firstpost.com

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Uncharitable and heartless, it may sound. But the Ukraine War has not stopped helping India. After the war forced Russia to make a tactical move to sell oil to India, China and many other nations at lower than market prices at the time, India also earned profits by selling refined petroleum products to western Europe, after the latter had sanctioned Russia along with their US leader at a distance. Now comes the cherry on the top of the ice cream, if it could be called so when people are dying and suffering in Ukraine. India may be the unsolicited recipient...