‘They are just profiteering…’: Trump administration fires fresh salvo on India for Russia crude trade; ‘…made $16 billion in excess profits’

India’s procurement of Russian oil has increased significantly following Russia-Ukraine war that began in early 2022. (AI image)

The Donald Trump administration is continuing with its criticism of India’s crude oil trade with Russia, accusing the former of indirectly financing the Russia-Ukraine war and making profits. US President Donald Trump has announced 25% additional tariffs on India for its purchase of Russian crude oil – these tariffs are effective Augsut 27.US Treasury Secretary Scott Bessent criticised India on Tuesday regarding its Russian oil purchases during the Ukraine conflict, labelling the trade strategy as “arbitrage” and expressing disapproval.“They are just profiteering. They are reselling,” Bessent told CNBC in an interview. “This is what I would call the Indian arbitrage — buying cheap Russian oil, reselling it as product,” Bessent said.“They’ve made $16 billion in excess profits — some of the richest families in India,” he added.Also Read | Trump’s 25% additional tariffs loom: Indian refiners delay orders for Russian crude oil; take cautious approach

India’s crude oil trade with Russia

India’s procurement of Russian oil has increased dramatically following Russia-Ukraine war that began in early 2022. Before this conflict, India’s Russian crude purchases were negligible.According to Matt Smith, an oil market analyst at Kpler quoted in the CNBC report, India purchases discounted Russian oil because of sanctions, processes it into petrol and diesel, and subsequently exports these refined products to regions that have imposed sanctions on Moscow, including Europe.

Who bought Russia’s fossil fuels after EU bans

Trump is proposing what he terms as “secondary tariffs” against nations like India that purchase Russian oil, aiming to compel the Russia towards a diplomatic resolution with Ukraine. However, the United States has thus far refrained from applying these secondary tariffs on China despite its continued Russian oil imports.Regarding Chinese oil purchases, Bessent noted that the Trump administration viewed Beijing’s imports more favourably since China was already a significant customer before the Russia-Ukraine war.However, Bob McNally, who heads Rapidan Energy and previously advised President George W. Bush, explained that India’s substantial Russian oil purchases were actually initiated at US’s request.Also Read | Trump sees a ‘dead economy’ – but US-based S&P Global upgrades India’s credit rating – here’s whyMcNally told CNBC that the Biden administration specifically encouraged India to accept Russian oil whilst other nations implemented bans. This strategy aimed to prevent substantial oil price increases following the Ukraine invasion, which could have led to elevated petrol prices in the US.In August, India’s Russian oil imports surged to 2 million barrels per day, with refiners maintaining their focus on cost-effective procurement strategies.According to Kpler, a global real-time data and analytics provider, Russian imports constituted 38% of India’s total crude oil purchases, estimated at 5.2 million barrels per day during the initial two weeks of August.Russian supplies increased from 1.6 million bpd in July to 2 million bpd in August. This rise coincided with reduced purchases from Iraq, which dropped to 730,000 bpd from 907 bpd in July, and Saudi Arabia, which decreased to 526,000 bpd from 700,000 bpd in the previous month.Kpler’s data indicated that the United States ranked as the fifth largest supplier, contributing 264,000 bpd to India’s oil imports.Also Read | ‘Russia lost an oil client, which is India’: What Donald Trump said before meet with Putin; ‘secondary sanctions would be devastating…’

India’s strong stance

India has reacted stroingly to Trump levying the additional tariffs. Earlier this month, the ministry of external affairs released a statement saying, “The United States has in recent days targeted India’s oil imports from Russia. We have already made clear our position on these issues, including the fact that our imports are based on market factors and done with the overall objective of ensuring the energy security of 1.4 billion people of India.”“It is therefore extremely unfortunate that the US should choose to impose additional tariffs on India for actions that several other countries are also taking in their own national interest.” the statement said.“We reiterate that these actions are unfair, unjustified and unreasonable. India will take all actions necessary to protect its national interests,” it concluded.

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Web series saw before husband's murder, searched on Google, the trick to escape after murder, wife hatched a conspiracy with a friend!

In Jaipur, a woman, fed up with physical harassment and doubt, along with her friends, killed her husband on Saturday. During the investigation, it was found that the accused searched the Internet to plan the killing of e-rickshaw driver Manoj and also saw the web series. The woman Santosh Devi was friends with the cum-accused Rishi Srivastava in a sheet factory, where they both worked together.

As their relationship deepened, he conspired to kill Manoj. Rishi’s friend Mohit Sharma also joined the scheme and the three found ways of not getting caught by killing someone on Google. He also saw many big crime and web series on the murder to finalize his plan.

The three accused bought new SIM cards and Reiki of places where their plan could be carried out. On Saturday, Mohit rented Manoj’s e-rickshaw to visit the ISKCON temple.

After walking in it for about 10 minutes, the sage met Mohit and the e-rickshaw was taken to a deserted farmhouse, where Manoj’s throat was cut with a sharp sheet cutter. After this, both of them changed their clothes and hulia and closed their SIM cards.

Due to lack of CCTV at the murder site, the police searched the footage of the cameras around that area to reach the accused. During interrogation, the three accused said that the murder plan was made about a month ago.

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When one MiG beat four US fighter jets: After 6 decades of service, IAF’s icon prepares for final touchdown in Chandigarh | Chandigarh News

In exactly a month, the MiG-21 will make its final touchdown in Chandigarh after six decades of service in IAF. The pilots who’ve flown it and known it inside out say this legend will forever stay in their heartsCHANDIGARH: Dec 1971. An Indian fighter pilot has just dropped two 500kg bombs on Pakistan’s Rafiqul air base and is peeling away for home when he realises there are four ‘bandits’ on his tail — US-made F-86 Sabres.“The odds weren’t good,” Air Marshal (retd) Prithvi Singh Brar chuckles. “I thought I was seconds away from death,” he says, sitting in his Chandigarh home. But then, his instincts kicked in, years and years of pushing himself and his warbird beyond the limit. He gunned his jet and tore through the sky, putting every sinew, nerve and blood vessel, and every rivet, bolt and plate past breaking point.Fighting incredible g-forces, man and machine became one. “The Pak jets dropped out. They couldn’t keep up,” Brar says with pride undimmed by 54 years. His jet brought him home. That was the MiG-21.As the sun sets on MiG-21’s service in Indian Air Force (IAF), the voices of those who trusted their lives to its cockpit offer a heartfelt narrative — not of a machine that inspired misigivings, but one that is remembered with gratitude and pride. Brar, one of India’s seniormost pilots and former Vice-Chief of Air Staff, says the MiG-21 was not just a weapon of war but a buddy and a trusted companion — the proving ground for generations of fighter pilots.“I love the MiG-21, it never let us down in operations,” says Brar. “When you fly an aircraft, you fly because you love it. It’s like a sport.” Now 86, he was one of the first pilots to be trained on the MiG-21. “We learned to explore its best. We became a group of people who knew how to make the most of it. It never let us down,” he says.The IAF veteran’s enduring bond with the MiG21 can be gauged from the fact that he first flew it over the skies of Chandigarh in 1966 and, for the last time, in 2000, just two days before his retirement.“The term ‘flying coffin’ was coined by the media — to convey the grief of a pilot’s mother or wife — while covering an unfortunate incident. It was never how we, the pilots, saw the aircraft,” he points out. As a young pilot in the 1971 Indo-Pak War, Brar flew his MiG-21 from Amritsar into Pakistan territory, trusting his life and mission to the delta wings.Brar remembers when Pakistan bought its first supersonic Americanmade Starfighter. “The fact that our neighbour had supersonic aircraft was an explosive situation. India approached Russia, and the MiG-21 arrived in the early sixties.”He was part of the No.1 Squadron in Adampur that shaped the MiG-21 in accordance with the needs of the IAF and Indian conditions.“In July 1966, I, along with some selected pilots, was assigned to be trained on the MiG-21 at Chandigarh, where it was initially inducted with 28 Squadron in 1963,” he says.“We were trained by 45-Squadron, which went to Russia for the initial induction. It was a supersonic delta-wing aircraft, which used to land at speeds of 330kmph. After initial training, we were moved to No.1 Squadron in Adampur with brand new MiG-21 aircraft. In those days, flying suits also came from Russia. After the Russian training, the No.1 Squadron became the first to train itself to become operational per their needs and conditions,” he explains.The pilots learned bombing and rocketing at Adampur. MiG-21 was designed for high speed, high altitudes, and to shoot down enemy aircraft with missiles, he says. At Adampur, one of the pilots suffered an engine failure during a training sortie but the MiG-21 was so good that it still landed safely, he recalls. A Tactic and Combat Development Squadron was established in Adampur in 1970.In April 1971, when war clouds started gathering, they were told to intensify training. “It was the first time a single engine, single-pilot aircraft was used for night flying. We used to conduct sorties from Hindon to Amritsar. For almost six months, we did a lot of flying exercises before going to war in Dec 1971,” he said. “It was because of our training and reliability and the speed of MiG-21 that we could bomb several airbases of Pakistan. We surprised everybody with the MiG-21,” Brar adds.Brar also trained Iraqi pilots on the MiG-21 when he was deployed in Iraq on a special assignment.Asked about its phasing out, Brar says every aircraft is designed for a certain number of years, service, and hours. “An aircraft is made of certain material, which has a life. So, the aircraft was overdue for replacement. Jaguar should also be rejected now,” he says. As for the ‘flying coffin’ tag, nobody talks about its flying hours, he points out. “IAF’s accident rate has never been worse than that of the US and European air forces,” Brar adds.

The workhorseIntroduced in 1963, the MiG-21 — IAF’s first supersonic jet fighter that’s set to fly into the sunset on Sept 19 at Chandigarh airbase — combined speed, agility and lethal precision. Designed by the Soviet aircraft manufacturer Mikoyan-Gurevich, MiG-21 began production in 1959 and entered service the same year, going on to feature in the air forces of around 60 countries. In India, the jet was assembled by Hindustan Aeronautics Limited (HAL) with more than 1,200 MiG-21s having worn IAF roundels.The IAF operated several variants, including the MiG-21FL (Type 77), MiG-21M/MF (Type 96), and the MiG-21bis (Type 75). Over 100 MiG-21s were modernised to the ‘Bison’ standard with advanced avionics, multi-function displays, and an electronic warfare suite.The MiG-21 served in the 1965 and 1971 Indo-Pak wars and the 1999 Kargil War. During the 2019 border skirmish with Pakistan, Wing Commander Abhinandan’s MiG-21 Bison shot down a Pakistani F-16, a claim Pakistan disputes.Yet, alongside its victories, the jet also picked up monikers like the ‘Flying Coffin’ and ‘Widow Maker’ owing to a string of fatal accidents. Over 200 IAF pilots are reported to have lost their lives in crashes of different MiG variants.At its peak, the IAF operated 400 MiG-21s in 19 squadrons. Between 2017 and 2024, at least four MiG21 squadrons were phased out. Although originally scheduled for retirement by 2022, the phasing out was delayed due to the slow induction of indigenous Light Combat Aircraft (LCA) Tejas, which is set to replace the MiG-21 squadrons.

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After 'this country will lose 1 million people by 2025', Elon Musk says he has been warning about this since the turn of the century

Tesla CEO Elon Musk has once again started a global debate over the declining population. Recently, Elon Musk warned people Japan will lose nearly 1 million people by the end of 2025. Now once again the tech billionaire has shared another warning on the collapsing population. Resharing a post on social media platform X (formerly known as Twitter) Musk has once again raised the alarm about population collapse saying ‘since the turn of the century, and emphasised that artificial intelligence may be the only viable tool to help reverse the trend.

Elon Musk says he has been warning about this since the turn of the century

The SpaceX CEO recently shared a post on X about population collapse. An X user called Tim Pool shared a post on X which reads, “The population isnt “collapsing” It has collapsed. The shoreline is receding and no one understands the tsunami about to hit us. As US population goes it will be impossible to redevelop. Automation won’t replace your customers.”Elon Musk reshared this post along with a caption which reads, “I’ve been warning about this since the turn of the century.”

Elon Musk’s longstanding concern

Elon Musk has repeatedly warned about population collapse— not overpopulation—is the real existential threat to civilization. Musk earlier argued that declining birth rates could lead to economic stagnation, labour shortages, and even civilizational decline if not addressed. “Most people still think the world is overpopulated,” Musk said in earlier interviews. “It’s actually the opposite.”Japan has been the focal point for population collapse, but Musk’s warning also applies to other nations such as South Korea, Italy and parts of Eastern Europe as they are also facing similar trends. This issue of population collapse has also sparked the interests of pro-natalist policies, immigration reform, and even the role of AI and robotics in offsetting labor gaps.

A global warning by Elon Musk

Recently, Elon Musk ssued a stark warning about Japan. In a post on microblogging platform X (formerly known as Twitter), the tech billionaire wrote: “Japan will lose almost a million people this year.” In the post, Musk said that this demographic was set in motion half a century ago adding that the population decline in the country “has nothing to do with AI.” “AI is the only hope for turning this around,” the tech CEO further stated.Elon Musk was responding to an X post that said: “Japan’s population falling with 900,000 more deaths than births in 2024”.

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ये 5 शेयर एक महीने में दे सकते हैं 20% रिटर्न! - which 5 stocks can give you returns up to 20 percent in next 3 to 4 weeks watch video to know what target price has the brokerage firm mirae asset sharekhan has given for each stock

Markets

Renowned brokerage firm Mirae Asset Sharekhan has bet on five shares that can see up to 20% in the coming 3-4 weeks. These include Bajaj Auto, Nayaka, Bajaj Finserv, Titan and PB Fintech. The brokerage firm says that the technical chart setup of these shares is currently looking strong and short-term investors can make good profit from them. So let’s know about all these five stocks without delay.

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Google Pixel 10 series launch: How to watch ‘Made by Google’ event livestream, launch timings in India and more

Google is set to host its Made by Google event on August 20, where it will launch its next-generation smartphone lineup: the Pixel 10 series. This year’s event is rumoured to be particularly significant, with the unveiling of four new smartphones: the Google Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10 Pro Fold – all powered by the Tensor G5 which is manufactured by Taiwan Semiconductor Manufacturing Company, TSMC.

Where to watch Google Pixel 10 launch event

The Google Pixel 10 launch event will be livestreamed globally on YouTube. The event is happening in New York City. In India, the livestream will start at 10:30 pm on August 20. Adding to the excitement, Google has also confirmed a special launch event for the Pixel 10 series in India on August 21, indicating a focused rollout strategy for one of its key markets.

What to expect from Google Pixel 10 launch event

While specific details regarding features and full specifications remain officially under wraps, the event’s promoted tagline, “Ask more of your phone,” strongly suggests a renewed emphasis on artificial intelligence (AI) and enhanced user capabilities. This tagline hints at a push towards more intuitive and powerful on-device AI experiences, urging users to explore the full potential of their smartphones.Google has been teasing the products for some time now, including the Pixel 10 Pro and Pixel 10 Pro Fold. Reports and leaks have suggested that the company may launch four models, a smartwatch and a pair of earphones.Recently, in an unexpected pre-launch reveal, an advertisement for the Pixel 10 series reportedly appeared on the Google Play Store. This leak provided an early glimpse of the new lineup, corroborating previous reports of four distinct models. The Play Store ad, shared via an image by Android Authority, showcased all four smartphones, with three “Pro” models depicted in various shades of gray and one standard model appearing in a distinct Indigo Blue.The banner’s accompanying text, “Now available,” alongside a promotional offer valid until October 13, suggests that this advertisement is intended for post-launch display, likely to be featured prominently throughout September following the main event.While official details remain scarce, leaks have provided some insights into the expected specifications. The Pixel 10 series is anticipated to feature minor design changes, suggesting an evolution rather than a radical overhaul. A significant internal upgrade is expected to be the new Tensor G5 SoC, manufactured by TSMC, promising enhanced performance and AI capabilities.Furthermore, reports suggest that the Made by Google event won’t be limited to just smartphones. It’s widely speculated that Google will also unveil the Pixel Watch 4 and a potential new iteration of its Pixel Buds earbuds, rounding out its ecosystem of hardware designed to seamlessly integrate with the new Pixel 10 lineup and its advanced AI features.

Google Pixel 10 series: Specs, Design & Features That We Know!

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'Khada Hoon Aaj Bhi Wahin': JP Nadda Mocks Rahul Gandhi's 'Vote Chori' Claim; Shares Video | India news

NEW DELHI: Bharatiya Janata Party national president JP Nadda on Tuesday mocked leader of opposition Rahul Gandhi’s “vote chori” claim as he reposted a video on X that termed it a “scripted PR”.The video showed a snippet from Rahul’s ongoing ‘Voter Adhikar Yatra’ where a woman complaints about names of six of her family members being deleted from the EC’s special intensive revision (SIR) draft roll. Later in the video, the woman claims that she was asked to make those claims at the yatra.“Rahul Gandhi’s Vote Chori is turning into a PR Disaster. First, EC gave him a 7-day ultimatum with all facts. Now, people are exposing him left & right: “It was scripted PR, we said it but our names are in the voters list” Another apology from Rahul is loading,” the video caption said.Earlier in the day, BJP IT cell chief Amit Malviya targeted Rahul after psephologist Sanjay Kumar apologised for sharing incorrect voter data related to the Maharashtra elections.“The very institution whose data Rahul Gandhi leaned on to defame the voters of Maharashtra has now admitted that its figures were wrong — not just on Maharashtra, but even on SIR. Where does this leave Rahul Gandhi and the Congress, which brazenly targeted the Election Commission and went so far as to brand genuine voters as fake? Shameful,” he said.“Rahul Gandhi Must Immediately Abandon His “घुसपठिया” in Bihar and tender an unconditional apology to the people of India for his calls and regressive politics,” he added.The ‘Voter Adhikar Yatra’ set off from Sasaram on Sunday, marking the start of a 16-day campaign against the Election Commission’s Special Intensive Revision (SIR) of the voter list in Bihar and allegations of “vote theft.” Traversing over 1,300 km across more than 20 districts, the march will culminate in Patna on September 1.

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Asia Cup 2025: 'Shubman Gill's form in England exceeded expectations' - Ajit Agarkar on Team India's vice-captaincy | Cricket News

India’s captain Shubman Gill (AP Photo/Scott Heppell)

India’s chief selector Ajit agarkar has clarified some key decisions made during the announcement of the Asia Cup 2025 T20 squad, particularly the omission of Shreyas Iyer and the appointment of Shubman Gill as vice-captain. Despite Iyer’s strong showing, including a half-century against Australia in December 2023, Agarkar explained that the final squad composition left little room for him. “With regards to Shreyas, I mean, you need to tell him who he can replace. No fault of his, nor is it ours. It is just that we have to pick 15 at the moment, he will have to wait for his chance,” Agarkar said. One of the major talking points was Gill’s promotion as vice-captain under Suryakumar Yadavreplacing Axar Patel. Agarkar praised Gill’s recent performances, particularly during the England series, where he exceeded expectations. “Gill’s form in England was something we expected but he exceeded it all. There are more options for the top order now and Shubman has been in great form anyway. When they get to Dubai, they can decide on the playing XI according to the opposition and the conditions,” he noted.

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Do you agree with Shreyas Iyer’s omission from the Asia Cup 2025 squad?

Agarkar also reminded that Gill had previously served as vice-captain after the last T20 World Cup, suggesting the move had been in the works for some time. “Now that he is available, at least Suryakumar has two options. It is their headache to pick the batting lineup. Ours was to pick the 15 and we have got real depth in T20 cricket,” he added. On the absence of Yashasvi Jaiswal, Agarkar said it was an unfortunate call but highlighted that Abhishek Sharma’s inclusion was influenced by his ability to contribute with the ball. The Asia Cup 2025 begins on September 9 in the UAE, with India entering the tournament under Suryakumar’s leadership and Gill as his deputy.

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No American boots on Ukraine: Trump says he won't deploy soldiers, but air support possible

Trump assures there will be no US soldiers in Ukraine as part of any peace deal.

US President Donald Trump Tuesday said there will be no US troops deployed in Ukraine as part of any potential peace deal between Russia and Ukraine. “You have my assurance, and I’m president,” Trump said in an interview with Fox News, hours after his meeting with Ukrainian president Volodymyr Zelenskyy and European leaders. Trump said European allies wre willing to put boots on the ground in Ukraine as part of a security guarantee and the US is willing to help them with things but there will be no boots on the ground. “There’ll be some kind of security,” Trump said, though emphasizing that it “can’t be Nato”.

What are Ukraine security guarantees?

After Monday’s meeting, President Trump said Security Guarantees for Ukraine were discussed in the meeting. These guarantees would be provided by the European countries in coordination with the US. “Everyone is very happy about the possibility of PEACE for Russia/Ukraine. At the conclusion of the meetings, I called President Putin, and began the arrangements for a meeting, at a location to be determined, between President Putin and President Zelenskyy. After that meeting takes place, we will have a Trilat, which would be the two Presidents, plus myself. Again, this was a very good, early step for a War that has been going on for almost four years,” Trump posted on Truth Social earlier.Security guarantees likely mean that Europe, and the so-called “Coalition of the Willing” of countries offering to oversee a peace deal, is on the hook to fulfill what they’ve previously promised. Zelenskyy said peace negotiations could be finalized with security guarantees in the next 10 days following his meeting Monday with President Trump at the White House.“Security guarantees will probably be ‘unpacked’ by our partners, and more and more details will emerge,” Zelensky told reporters after his conversation with Trump in the Oval, according to Reuters. “All of this will somehow be formalized on paper within the next week to 10 days.”

On not calling Putin in front of European leaders

Trump told Fox he did not call Putin in front of the European leaders so that it does not become disrespectful to Putin. “I didn’t do it in front of them, I thought that would be disrespectful to President Putin. I wouldn’t do that because they have not had the warmest relations,” Trump told Fox News’ “Fox & Friends.”He added, “And actually, President Putin wouldn’t talk to the people from Europe, I mean that was part of the problem.”

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Share Market: Stock market climbed for these 7 reasons! - Share Market up due to these 7 Reasons on 19 August 2025 Stock Market BSE Nse

Markets

Share Market: Indian stock markets saw a boom on August 19 for the fourth consecutive day. A sharp rise in shares of auto companies and strong indications from the global market strengthened the senses of investors. Due to these 7 reasons, the stock market jumped, watch this full video

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'Next 48 hours crucial': Maharashtra CM sounds alert; rescue personnel gear up as toll rises to 8 | India News

NEW DELHI: Mumbai came to a halt on Tuesday after heavy rain lashed the city, paralysing transport, triggering flooding, and claiming lives across Maharashtra. Chief minister Devendra Fadnavis said the next 48 hours would be crucial, as the weather office issued a red alert for several districts including Mumbai, Thane, Raigad, Ratnagiri and Sindhudurg.Record rainfall, disrupted lifeThe city received nearly 300 mm of rain in 24 hours, with the downpour accounting for 37 per cent of Mumbai’s monthly average. Low-lying areas were submerged, railway tracks flooded, and flights delayed or cancelled. Local trains, considered the city’s lifeline, were badly hit as waterlogged tracks brought services to a crawl.In several suburbs, roads turned into rivers. Cars were stranded, buses rerouted, and thousands waded through waist-deep water to reach home. Schools and colleges were shut on Wednesday, with the administration urging people to step out only if necessary.Rising toll and evacuationsOfficials confirmed that at least eight people lost their lives in rain-related incidents, including house collapses and electrocutions. Teams from the National Disaster Response Force (NDRF) and State Disaster Response Force (SDRF) were deployed to carry out rescue operations. Around 2,500 people were evacuated from flood-prone parts of Thane and Raigad.In Raigad, swelling rivers forced authorities to shift families to relief camps. In Ratnagiri, the district administration opened shelter homes for stranded passengers. Rescue boats and helicopters were kept ready as precautionary measures.CM’s appeal and preparationsCM Fadnavis reviewed the situation with disaster management officials and said all agencies were on high alert. “The next 48 hours are crucial. I appeal to people to remain indoors as far as possible. The administration is working round the clock,” he said.The Brihanmumbai Municipal Corporation (BMC) activated control rooms across the city and kept pumps running to drain water from flooded areas. More than 200 emergency workers were deployed to clear fallen trees and restore blocked roads.Airlines and travel hitAir travel was badly affected, with major carriers like IndiGo, Air India and Vistara reporting delays and cancellations. Passengers were advised to check flight status before heading to the airport. The Mumbai-Goa highway also witnessed traffic snarls due to waterlogging and landslides.IMD warningThe IMD said the intense rain was caused by a low-pressure area over the Arabian Sea, which had strengthened into a depression. “Very heavy to extremely heavy rainfall is expected over Konkan, Goa and parts of central Maharashtra in the next two days,” the bulletin said.Authorities said water levels in major dams were rising rapidly and were being closely monitored. Citizens were urged not to spread rumours and rely only on official advisories.

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