State owned india refiners start yuan payments for Russian oil imports

[veerigadu]

4 minutes ago, Android_Halwa said:

At the same time, India has a very successful history of dodging sanctions and every-time there was a sanction, it only helped India to be self reliant and look for alternatives. 

America sanctions ane concept start pettinde India tho in the 70’s…

CAATSA ani oka law teesukochinaru, India dodged it. Nuclear sanctions and India is the only country to overcome sanctions without committing to CTBT and not a member of NSG. Iran oil sanctions and US sold oil to India.

America will be an economic super power for decades to come but what has changed is that it’s not a unipolar world anymore. 

 

India has not maintained quote and quote “neutrality” in this Russia Ukraine war situation. There are logical fallacies in our approach. Vomerica is being nice to India to counteract China. Period.
 

But seems like they will not trust India either. Let’s see 

[Android_Halwa]

1 hour ago, veerigadu said:

India has not maintained quote and quote “neutrality” in this Russia Ukraine war situation. There are logical fallacies in our approach. Vomerica is being nice to India to counteract China. Period.
 

But seems like they will not trust India either. Let’s see 

India is maintaining its non aligned status, not neutrality. Like it did when US invaded Iraq. Or when India rejected the use of Indian airspace for strikes in Afghan. 

The hard fact is that both the nations, India and US do not trust each other like they did through out the history. India will not trust US even if trade blossoms between the countries. The only sanctions India will adhere to are the one set by UN but not anyone else and they follows the same everytime .

[pakeer_saab]

8 hours ago, JackSeal said:

cc: @Telugodura456

India nor Modi control the world, it a cheap mindset to blame everything on Modi even forgetting the fact that he is doing it for India not himself.

what matters is Modi can do anything for national interest, which is continue to get cheap oil for India.

right now china has been given ultimatum to not export to russia, this is going to be an interim setup as win-win for both india and russia

 

 

 

[pakeer_saab]

8 hours ago, veerigadu said:

Sinki galla M kudusthunnaraaa ayutheee. In the process of helping Russia. Lol 

Indian foreign policy ni M kudupthunnar gaaa

Indian foreign policy ela M kudustundo jara cheppu, you dont get common sense from reading books, which is the only source of your newfound intelligence.

books dont give real world common sense and judgement, which is clearly shown your views.

becoming unpredictable to achieve national interest is the game of the day and Modi does it really well

 

[pakeer_saab]

25 minutes ago, Android_Halwa said:

India is maintaining its non aligned status, not neutrality. Like it did when US invaded Iraq. Or when India rejected the use of Indian airspace for strikes in Afghan. 

The hard fact is that both the nations, India and US do not trust each other like they did through out the history. India will not trust US even if trade blossoms between the countries. The only sanctions India will adhere to are the one set by UN but not anyone else and they follows the same everytime .

correct, India realized that there are no friends no enemies in this complex world, what matters is pure self interest

[pakeer_saab]

2 hours ago, veerigadu said:

India has not maintained quote and quote “neutrality” in this Russia Ukraine war situation. There are logical fallacies in our approach. Vomerica is being nice to India to counteract China. Period.
 

But seems like they will not trust India either. Let’s see 

how should our approach be, can you explain more to show your views or you are just blabbering.

 

[pakeer_saab]

2 hours ago, veerigadu said:

India has not maintained quote and quote “neutrality” in this Russia Ukraine war situation. There are logical fallacies in our approach. Vomerica is being nice to India to counteract China. Period.
 

But seems like they will not trust India either. Let’s see 

India is being nice to partner with US but not acting as US vassal.

India is carefully using its leverage to play with all players, we are a new player in this game

NAM/bokka didnt get us anywhere, India should use the chinese threat to get the best tech from US but stay away from war rhetoric with china

India should not get involved in any war even with screwed up pakistan for the next 5 yrs atleast, pakistan is busy destroying itself anyway.

 

 

[Thokkalee]

9 hours ago, veerigadu said:

I disagree. Remittances can be done in gold or euros. Even riyal or Dinar for that matter. 
 

I think China is controlling Russia. And India is falling in that trap too. 

Euro, all Arab currencies are dollar linked (pegged).. with the sanctions, why will India be allowed to trade in euros and other currencies with Russia? Where will india get enough euros to trade with Russia? Russia is not allowed to trade in any of the global currencies as they are banned from the exchanges…

Gold is a good option but where will India get billions of dollars worth of gold every year from? People of India have lot of good but not the govt.. even if they have it, they keep the gold for difficult times.. 

[pakeer_saab]

3 minutes ago, Thokkalee said:

Euro, all Arab currencies are dollar linked (pegged).. with the sanctions, why will India be allowed to trade in euros and other currencies with Russia? Where will india get enough euros to trade with Russia? Russia is not allowed to trade in any of the global currencies as they are banned from the exchanges…

Gold is a good option but where will India get billions of dollars worth of gold every year from? People of India have lot of good but not the govt.. even if they have it, they keep the gold for difficult times.. 

India not being an export economy has limited options dealing with Russia

Russia needs to import lot of stuff from China and hence needs Yuan than rupees, Russia no choice neither India (for importing cheap oil)

for those saying cheap oil does not translate to consumers, they need to looks at Indias deficit reduction and then complain. it has been going down which is good to absorb future shocks in spending when indian needs to spend on welfare. 

Russia does not need much of agricultural exports from India as they are net producers as well, so their Rupee holdings are pretty much useless for now.

US is putting extreme pressure on China to stop exports to Russia, i would say China is under more pressure from US than the pressure India has importing cheaper oil 

India needs to collaborate even with enemies for national interest, India needs a lot of intermediates from china before we develop capacity for entire supply chain, which will take years

paying in Yuan as stop gap does not amount to honoring yuan as basket currencies india holds as its reserves in long term. not does it empower them to attack india. it will infact make them depend on india more for their trade and global ambitions.

[JackSeal]

3 hours ago, pakeer_saab said:

India nor Modi control the world, it a cheap mindset to blame everything on Modi even forgetting the fact that he is doing it for India not himself.

what matters is Modi can do anything for national interest, which is continue to get cheap oil for India.

right now china has been given ultimatum to not export to russia, this is going to be an interim setup as win-win for both india and russia

 

 

 

Bathai cover drive ... Since India has a huge trade deficit with China, it doesn’t have a hoard of Yuan to pay the Russians. It simply means India buys yuan’s with dollars and then pays Russian suppliers with it. The deal would have been extremely profitable for India if it continued on a ripped/rouble basis as envisaged originally. That way the Russians would have been required to buy Indian goods with the INR to balance the trade. Meanwhile China 

[8pm]

10 hours ago, ZoomNaidu said:

Maa thinudiki Mee thinudiki theda vundhi ga 😂😂

Pissfuls ni antey nuvvu yetta react avuthaavo Nenu kuda Anthey. 

ok AndhBhakt

[pakeer_saab]

56 minutes ago, JackSeal said:

Bathai cover drive ... Since India has a huge trade deficit with China, it doesn’t have a hoard of Yuan to pay the Russians. It simply means India buys yuan’s with dollars and then pays Russian suppliers with it. The deal would have been extremely profitable for India if it continued on a ripped/rouble basis as envisaged originally. That way the Russians would have been required to buy Indian goods with the INR to balance the trade. Meanwhile China 

if the other side is not selling on your terms, what else can you do?

have some basic IQ, India has to buy yuans anyways to pay for trade deficit we already have with china

the amount we spend on buying yuans is meagre compared to savings we get from Russian oil

basic math sarigga study chesi unte you would not ended up like a moron

does india have a choice here, can you suggest what option india has??

people filled with hatred can never see merits of a policy decision, end result is you have to cry and you will keep crying no matter what, so geopolitics should be left to nationalists and low iq morons can create modi memes and satisfy their soul.

now dont fakking come back saying Modi is Viswaguru and hence should deal a geopolitical situation as you expect it to happen, even BJP voters dont question such illogical things from Modi, other morons can chill and suck to Raul Vinci

[anna_gari_maata]

13 hours ago, veerigadu said:

Sinki galla M kudusthunnaraaa ayutheee. In the process of helping Russia. Lol 

Indian foreign policy ni M kudupthunnar gaaa

That's how you balance the world 

[Telugodura456]

13 hours ago, JackSeal said:

cc: @Telugodura456

paisal modi aligned gujjus ki, desh bhakthi for @ZoomNaidu gadiki.

[Thokkalee]

Whether India or bjp likes it or not, China is a big economy and yuan is becoming strong.. almost all the countries have direct trade with China and most of them trade with China way more than they do with US.. and they export a lot than import… if China asks everyone to pay in yuan slowly, then dollar dependency will become less and less and we might even have two global currencies using which all the countries can trade..