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EUROPEAN GAS IMPORTS LOOPHOLE
100% tariff threat over Russian oil could roil India-US tiesA US bill proposes tariffs on countries buying Russian oil, potentially impacting India. This move could damage India-US relations, especia...- US Russia sanctions bill cuts India, China tariff threat from 500% to 100%US Senate unveiled a revised Russia sanctions bill with softened oil tariff penalties. Major buyers like India and China will face up to 10...
- Russian oil still India's key energy bet despite looming US tariff risksProposed US tariffs on Russian crude imports could inject fresh market volatility. Replacing Russian supply would be difficult due to limit...
- Forced labour explained: Why India changed its import policyIndia has amended its Foreign Trade Policy to prohibit imports of goods made using forced labour. This move creates a legal framework for b...
- Jaishankar meets EU leaders, discusses trade, technology and maritime securityExternal Affairs Minister S Jaishankar met with European Council President Antonio Costa. He valued guidance for advancing trade and techno...
- US official says Nvidia has begun shipping powerful H200 AI chips to ChinaIn May, Reuters reported the Commerce Department had cleared around 10 Chinese firms to buy the H200, but no deliveries had been made at ...
- US Senators unveil sweeping Russia sanctions bill; name India among nations facing possible tariffsA bipartisan US Senate bill proposes sweeping sanctions against Russia's economy. This legislation could impose tariffs on countries buying...
- India's June vegetable oil imports fall 29% on shrinking palm oil discount: SEAIndia's vegetable oil imports dropped significantly in June, reaching the lowest point this oil year. This decline was primarily driven by ...
- China's exports ride AI boom as domestic economy strugglesChina's exports saw a significant surge in June, driven by global AI demand and auto sales. Imports also jumped considerably, reaching a fi...
- Global Market: EU opens talks on digital euro rules, eyes 2029 launchThe European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by ...
- China's June oil imports hit near 10-year low amid Iran warChina's crude oil imports significantly dropped in June to a ten-year low. This decline occurred as refinery operations reached their lowes...
- Europe's 'Schengen Shuffle' explained: Can it help you stay beyond 90 days?The Schengen Shuffle allows longer European stays by alternating between Schengen and non-Schengen nations. This unofficial strategy adhere...
- How Europe is keeping planes flying despite jet fuel risksEurope faces significant jet fuel supply risks due to Middle East tensions. The region imports heavily and has limited reserves for disrupt...
- EU ministers to debate curbing trade with Israeli settlementsEuropean Union foreign ministers will discuss new measures against Israeli settlements. The European Commission paper suggests three option...
- Best Italian proverb of the day: "Once the law is made, a loophole is found." A timeless lesson on ethics and responsibilityBest Italian Proverb of the Day: "Once the Law Is Made, a Loophole Is Found" explores the timeless idea that whenever rules are created, so...
- India's Russian crude imports hit record in Jun even as Moscow's oil revenues slipIndia's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons glo...
- Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPOFast-fashion titan Shein has gained approval for its Hong Kong IPO after previous attempts were blocked. Although the company has faced str...
- India’s wartime buying spree leaves behind a cooking gas surplusIndia's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian G...
- Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: ExpertsMarket experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion...
- European shares flat as AI caution prevails; focus on defence stocksEuropean shares remained flat as elevated AI stock valuations prompted caution. Technology stocks led declines, tracking a glum mood in glo...
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