India has allowed Russian insurer Soglasie Insurance Company to provide marine cover to tankers entering Indian ports, according to Indian ship regulator's website, as New Delhi wants steady supply of cheaper Russian oil despite latest U.

Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum.

Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the South Asian country’s biggest refiner to seek alternatives.

By Shivam Patel NEW DELHI (Reuters) -Indian and U.S. diplomats are trying to arrange a February meeting between Indian Prime Minister Narendra Modi and U.S. President Donald Trump in Washington, two Indian sources familiar with the discussions told Reuters.

India’s government is prepared to work with Donald Trump’s administration to identify and take back all its citizens residing illegally in the US, an early signal from New Delhi that it’s willing to comply with the incoming American president and avoid a trade war.

Indian and US diplomats are trying to arrange a meeting in February between PM Narendra Modi and President Donald Trump in Washington as worries rise over tariffs