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INDIA RUSSIA OIL IMPORTS SURGE
India must not let energy security become a US trade ‘weapon’, warns GTRIAccording to a warning from a US think tank, Indian goods could face tariffs as high as 100%. This move may compel India to significantly l...- 100% tariffs on India? US House passes bill authorising new duties on Russia oil buyersThe US House of Representatives has passed legislation authorising President Donald Trump to impose tariffs of up to 100% on India, China a...
- India vows to protect energy security as US Russia bill opens door to 100% tariffsIndia is closely watching a US bill that could allow tariffs of up to 100% on countries buying Russian energy. With Russia accounting for 3...
- Russian oil uncertainty hangs over India’s largest buyersIndian state-owned refiners are facing growing crude supply uncertainty as Middle East disruptions coincide with the risk of tougher US res...
- Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
- India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
- India's $40.8 billion Russian crude imports put it in Trump's 100% tariff line of fireThe US is considering imposing tariffs on significant purchasers of Russian energy, which puts India's considerable imports of Russian crud...
- 100% tariff danger for India nears as Russia Sanctions Bill advances in US House amid surprise vote twistThe US House of Representatives advanced a bill authorising President Donald Trump to impose 100% tariffs on India and other countries buyi...
- US Congressman names India, China in Russia Sanctions BillUS lawmakers are considering tariffs on Russia's oil trading partners, including India. One amendment proposes 100% tariffs on countries li...
- Oil jumps over $3 as Saudi export halt, Libya outages stoke supply fearsOil prices jump more than $3 as Saudi Arabia suspends oil loadings at Yanbu and Libya halts output at three oil fields. Supply concerns dee...
- Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...
- India’s exports surge to key markets: US shipments rise 21.83%, China 52.35% & Singapore 161% in August; check the latest trade dataTrade data: August saw a notable rise in India’s merchandise exports to both the US and China, with shipments recording strong year-on-year...
- US lawmaker submits amendment naming India in Russia sanctions actUS lawmakers have proposed competing amendments to a Russia sanctions bill that could impose 100% tariffs on major oil-trading partners, in...
- Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
- More than 500,000 Russian troops killed in Ukraine, UK defense chief saysBritish officials report over half a million Russian troops killed and significant military equipment losses. Russian drones targeted civil...
- India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
- Piyush Goyal to meet Russian ministers to advance EAEU trade deal talksIndia's minister will meet Russian and EAEU counterparts to advance trade deal talks. Negotiations for a trade pact with the Eurasian Econo...
- State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
- India's vegetable oil imports strain port storage, delaying unloadingIndia’s aggressive edible-oil imports have clogged major ports, delaying vessel unloading by up to 10 days as storage tanks fill. At least ...
- Roubles and rupees: Russia says no more hurdles in payments with IndiaRussia and India have built a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six percent...
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