Live updates: follow the latest news on Russia-Ukraine
India’s diplomatic position on the Russia-Ukraine war may upset the West, but the South Asian nation will stick to its independent stance to safeguard its geopolitical interests, political analysts have said.
“India has been trying to do this balancing act," Sanjay Kumar Pandey, a professor at Jawaharlal Nehru University’s Centre for Russian and Central Studies, told The National. "First and foremost, because Russia has been a reliable partner and a dependable ally.”
New Delhi has abstained on all the five West-sponsored resolutions against Russia on Ukraine in the UN that condemned Moscow’s military offensive on the East European neighbour since February 24.
India, despite having strong ties with the US and the EU to counter China in the Asia-Pacific region, has refused to denounce actions by Russia.
Instead, it made customary statements and called for countries to respect “commitment to the principles of the UN Charter, to international law and respect for sovereignty and territorial integrity of all states”.
“Keeping in view the totality of the evolving situation, India decided to abstain,” T S Tirumurti, India's permanent representative to the UN, said last week ahead of the UN General Assembly vote.
Russia and India share historical ties and have been time-tested friends.
New Delhi’s focus has mainly remained on evacuating its nationals – at least 20,000 Indians, mostly medical students – from Ukraine as it tries to sidestep the global pressure.
Over the past two weeks, Prime Minister Narendra Modi spoke with both Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin and called for “cessation of violence”, while urging them to use diplomacy and dialogue to resolve the conflict.
But as the US and Europe move beyond the diplomatic bluster, a global alliance is forming to turn Russia into a pariah state, with a slew of crippling sanctions being imposed on Moscow.
India’s continued neutral stand on the conflict has put it and its western allies in a fix.
Its stand on Russian actions has already ruffled feathers in the West, particularly in the US power corridors, as several Congressmen have demanded New Delhi clear its stand on its relationship with Russia.
There were murmurs of India finding itself on the list of countries sanctioned by the US Administration under Countering America’s Adversaries through Sanctions Act, or CAATSA, for buying military equipment from Moscow.
The move could be a jolt to the growing bonhomie between Washington and New Delhi.
Still, experts say New Delhi will continue to follow its independent diplomacy, despite pitfalls to protect its geopolitical interests.
Russia remains a critical source of weapons and military technology for India from where it sources around 85 per cent of the country’s military equipment.
Military hardware ranging from missiles, guns to nuclear submarines, India has major defence deals with Russia.
The two countries recently inked deals on supplying 750,000 AK-203 assault rifles and a $5.43 billion worth deal for S-400 ‘Trimuf’ missile systems.
“We majorly depend on Russia for our military supplies and inputs for sophisticated weapon systems, including technology,” Mr Pandey said.
New Delhi was a close ally of the Soviet Union during the Cold War era and over the years has further strengthened its ties with Moscow to blunt China’s influence in the region.
“So far, India's careful and pragmatic diplomacy has been low key, not condemnatory, but supportive of dialogue,” Jitendra Nath Misra, a former Indian diplomat, told The National.
The concern is that should New Delhi tilt towards the West, it would run the risk of alienating Russia and lead Moscow to move towards Beijing, a strategic nightmare for India.
“India is taking such a stand on Russia because we really can't afford to antagonize Russia, owing to the real and continuing and escalatory threat from China,” Mr Misra said.
China has massively increased its economic and military footprints in the Asian region, particularly with Pakistan. India’s archrival shared a frosty relation with Moscow over its close ties with Washington during the Cold War.
Tensions have remained high between New Delhi and Beijing, particularly since 2020 when a deadly clash erupted between the rival militaries along the disputed Himalayan border region.
Russia tried to play peace-maker and de-escalate tensions between the regional powers and helped facilitate a meeting between the Indian and Chinese foreign ministers in Moscow in 2020.
But hostilities remain.
Last December, China renamed 15 places in remote Arunachal Pradesh in India’s north-east along the Line of Actual Control that it also claims as its territory.
“India needs to protect its important relationship with Russia, primarily because China is continuing to put pressure on India,” Mr Misra said.
India's move to abstain from voting against Moscow is also seen as a payback time for New Delhi.
Russia over the decades has vetoed several resolutions seeking UN interventions in Kashmir—the Himalayan disputed territory claimed by both India and Pakistan.
China also rules a portion of the erstwhile Himalayan Kingdom known as Aksai Chin, which is now part of the Chinese Xinjiang and Tibet region.
New Delhi is engaged in a tense border dispute with both Islamabad and Beijing, with a decades-long armed insurgency raging in the part of Kashmir ruled by India.
New Delhi was duty-bound to side with Russia at global forums, including the UNSC, Mr Pandey said.
“Russia has bailed out India on so many occasions at the UN Security Council, mainly on Kashmir,” he said. "India cannot forget that."
SERIE A FIXTURES
Friday (UAE kick-off times)
Sassuolo v Bologna (11.45pm)
Saturday
Brescia v Torino (6pm)
Inter Milan v Verona (9pm)
Napoli v Genoa (11.45pm)
Sunday
Cagliari v Verona (3.30pm)
Udinese v SPAL (6pm)
Sampdoria v Atalanta (6pm)
Lazio v Lecce (6pm)
Parma v Roma (9pm)
Juventus v Milan (11.45pm)
The specs: 2018 Audi RS5
Price, base: Dh359,200
Engine: 2.9L twin-turbo V6
Transmission: Eight-speed automatic
Power: 450hp at 5,700rpm
Torque: 600Nm at 1,900rpm
Fuel economy, combined: 8.7L / 100km
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UAE currency: the story behind the money in your pockets
Racecard:
6.30pm: Mazrat Al Ruwayah (PA) | Group 2 | US$55,000 (Dirt) | 1,600 metres
7.05pm: Meydan Sprint (TB) | Group 2 | $250,000 (Turf) | 1,000m
7.40pm: Firebreak Stakes | Group 3 | $200,000 (D) | 1,600m
8.15pm: Meydan Trophy | Conditions (TB) | $100,000 (T) | 1,900m
8.50pm: Balanchine | Group 2 (TB) | $250,000 (T) | 1,800m
9.25pm: Handicap (TB) | $135,000 (D) | 1,200m
10pm: Handicap (TB) | $175,000 (T) | 2,410m.
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Indoor cricket World Cup:
Insportz, Dubai, September 16-23
UAE fixtures:
Men
Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final
Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final
UAE squad
Esha Oza (captain), Al Maseera Jahangir, Emily Thomas, Heena Hotchandani, Indhuja Nandakumar, Katie Thompson, Lavanya Keny, Mehak Thakur, Michelle Botha, Rinitha Rajith, Samaira Dharnidharka, Siya Gokhale, Sashikala Silva, Suraksha Kotte, Theertha Satish (wicketkeeper) Udeni Kuruppuarachchige, Vaishnave Mahesh.
UAE tour of Zimbabwe
All matches in Bulawayo
Friday, Sept 26 – First ODI
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I
Killing of Qassem Suleimani
SANCTIONED
- Kirill Shamalov, Russia's youngest billionaire and previously married to Putin's daughter Katarina
- Petr Fradkov, head of recently sanctioned Promsvyazbank and son of former head of Russian Foreign Intelligence, the FSB.
- Denis Bortnikov, Deputy President of Russia's largest bank VTB. He is the son of Alexander Bortnikov, head of the FSB which was responsible for the poisoning of political activist Alexey Navalny in August 2020 with banned chemical agent novichok.
- Yury Slyusar, director of United Aircraft Corporation, a major aircraft manufacturer for the Russian military.
- Elena Aleksandrovna Georgieva, chair of the board of Novikombank, a state-owned defence conglomerate.
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
UAE currency: the story behind the money in your pockets