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Russia is looking for Indian investment in the oil and gas sector

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Deputy Prime Minister Alexander Novak said on Friday that Russia’s oil and petroleum exports to India have reached $1 billion, with room to grow. With the United States targeting Russia’s economy’s “main artery” and prohibiting oil imports, the country has turned to India, showing interest in recruiting Indian investment.

On March 11, Russian Deputy Prime Minister Alexander Novak met with Union Petroleum and Natural Gas Minister Hardeep Singh Puri, inviting Indian investment in Russia’s oil and gas industry. According to sources, Novak noted that Russia’s oil and petroleum exports had surpassed a billion dollars and that there was a clear chance to enhance this amount.

According to a statement released late Friday by Russia’s embassy in India, “Russia’s oil and petroleum product exports to India have surpassed $1 billion, and there are strong prospects to enhance this amount.”

“We want to encourage more Indian investment in the Russian oil and gas sector, as well as increase Russian companies’ sales networks in India,” Novak said Puri.

India currently contributes approximately 0.2 percent of Russia’s natural gas exports. It also has a 20-year agreement with Gazprom to purchase 2.5 million tonnes of LNG per year, which was signed in 2018. Apart from oil, UE embargoes have harmed Russian coal imports. In this area, Russia accounts for 1.3 percent of India’s thermal coal imports. In 2021, India purchased 1.8 million tonnes of Russian thermal coal.

Saudi Arabia is contacted by the United States for its energy demands.

The US has been scrambling to fix its coming oil issue after sanctioning Russian oil over its invasion of Ukraine. Saudi Arabia’s Crown Prince Mohammed bin Salman Al Saud and Abu Dhabi’s Crown Prince Sheikh Mohammed bin Zayed al Nahyan, according to reports, have both declined Biden’s offer to speak over the phone.

“There was some hope for a phone call, but it never came. According to the Wall Street Journal, “that was part of turning on the faucet [of Saudi oil].”

The tense relationship has been blamed on the Biden administration’s foreign policies in the Middle East, according to experts. US Secretary of State Antony Blinken, on the other hand, has discounted the reports.

Stocks on Wall Street have dropped due to inflationary concerns. Oil prices have also risen sharply, with the price of a barrel of US oil rising by as much as 5.7 percent.

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Navi Mumbai Police Arrest African National With Rs 1 Crore Worth Of Cocaine In Ulwe

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The Anti-Human Trafficking Unit (AHTU) of Navi Mumbai Police arrested Jeorge Ocante DaSilva, a 35-year-old native of Guinea, on Monday for possessing 410 grams of cocaine, allegedly intended for illegal sale. Acting on a tip-off, API Alka Patil of the AHTU led a raid at RM Heights Building in Ulwe, where DaSilva was found in possession of the narcotics.

Around 2:30 p.m. on October 28, officers discovered 410 grams of cocaine, valued at approximately Rs 1,02,50,000, hidden in DaSilva’s bedroom. Authorities also seized a mobile phone, a black Tabata weighing scale, scissors, plastic packaging bags, and a sky bag, bringing the total seizure value to Rs 1,02,55,610.

An FIR was filed at Panvel City Police Station under Sections 8(a) and 21(a) of the Narcotic Drugs and Psychotropic Substances (NDPS) Act. Dasilva was presented in court and remanded to police custody until October 31, 2024. Investigations are ongoing, with the Crime Branch seeking potential accomplices and sources of the narcotics. Notably, Dasilva has a prior NDPS case registered at Nahar Police Station in Mumbai.

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Taloja Society Chairman Detained For Allegedly Abusing Residents And Objecting To Diwali Decorations

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The chairman of a housing society in Taloja Phase One has been detained by Taloja police following allegations of verbal abuse toward residents, including women, and objections to Diwali lighting in the complex. The incident occurred on Tuesday night, sparking outrage among residents.

According to the police, the chairman is accused of abusing a woman with intent to insult her modesty, provoking a breach of peace, and engaging in criminal intimidation. A formal complaint was filed, and the chairman was promptly taken into custody.

The situation intensified after a video of the incident went viral on social media platform X (formerly Twitter), showing a group of men, allegedly from the housing society, verbally abusing residents and threatening to halt Diwali decorations. The video received widespread attention, with users expressing shock over the treatment of residents.

Police officials confirmed that the chairman’s detention is part of an ongoing investigation into the incident. Residents are awaiting further action as authorities work to address the disturbance and ensure the safety of the community amid Diwali festivities.

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Thane Sees Surge of Nomination Filings for 2024 Vidhan Sabha Election

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The final day for filing nominations for the 2024 Vidhan Sabha General Election witnessed a surge of candidates in Thane district, with a total of 281 applications submitted across 18 assembly constituencies. This high turnout signals a competitive race for seats in the upcoming election.

Among the nominees, 114 candidates represent various political parties, while 167 have filed as independents, reflecting a diverse array of participants aiming to represent Thane’s voters. Nominations were filed throughout the day with election decision officers at each constituency, marking an essential step in the electoral process.

Collector and District Election Decision Officer Ashok Shingare announced that the scrutiny of these nomination forms is scheduled for October 30, 2024. Following this verification process, candidates who wish to withdraw their names from the race may do so until November 4, 2024.

As the election date approaches, Thane’s political landscape appears more dynamic than ever, with a record number of candidates ready to contest the assembly seats, making for an engaging electoral season for voters and candidates alike.

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