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INDIA DIVERSIFIED OIL SOURCING
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...- 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...
- Need practical, tech-neutral approach to global energy transition: India at G20 Energy MinisterialIndia's Power Minister Manohar Lal stressed on the need for diverse energy paths at the G20 meeting. He highlighted India's success in bala...
- Oil falls as US crude inventories rise despite Saudi supply concernsOil prices fell sharply on Wednesday after a surprising increase in U.S. crude inventories. Compounding the situation, Saudi Arabia decided...
- 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 ...
- Samsung's India public policy chief resigns, sources saySamsung India’s head of public affairs and ESG, Rajiv Aggarwal, has resigned after nearly four years at the company, with his last week cur...
- Bond market shock: 10-year US Treasury yield tops 5% as oil spike puts Federal Reserve on rate-hike pathUS bond yields climbed significantly on Monday, surpassing 5%. Crude oil prices jumped, reviving inflation concerns among investors. This s...
- From India to Vietnam: Why some firms are rethinking the China-plus-one strategyCompanies are bringing manufacturing back to China after facing difficulties abroad. Replicating China's factory ecosystem and skilled labo...
- From Uzbekistan to Canada: A look at India’s global uranium huntIndia is accelerating its nuclear power expansion to reach 100 GW by 2047. This ambitious goal necessitates securing substantial uranium su...
- Commodity Talk| “The conversation is shifting from ‘Can I trade commodities?’ to ‘What role should commodities play?’: Sunil KatkeGold has already established itself as a strategic asset for Indian investors, but the opportunity is increasingly extending to silver, cop...
- Saudi pipeline outage threatens loss of 4% of global oil supplySaudi Arabia's oil exports face a significant threat from pipeline damage. The kingdom has only a few days of oil stocks remaining for expo...
- BRICS backs diversified energy mix, says fossil fuels remain important for EMDEsBRICS nations advocate for stronger energy security through diverse sources and stable markets. They acknowledge fossil fuels' continued im...
- De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currencyThere is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more ...
- BRICS Summit: Modi’s Ethiopia, Malaysia talks open new avenues for defence, investment and strategic cooperationPrime Minister Modi's meetings with Ethiopia and Malaysia advanced India's strategic and economic ties. Discussions covered defense coopera...
- De-dollarisation and its impact on commodities and global tradeFor decades, the US dollar has dominated global trade and commodity markets. Most commodities, including crude oil, natural gas, gold, indu...
- 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...
- India, Kazakhstan to firm up practical areas of economic cooperation during President Tokayev’s visit for BRICS SummitAs part of the visit for the Summit, President of Kazakhstan Kassym-Jomart Tokayev is scheduled to hold a bilateral meeting with Prime Mini...
- Commodity Talk| Equities, bonds... and commodities? Why investors may need a third pillar for diversification, Navneet Damani decodesOnce seen largely as a cyclical trading opportunity or an inflation hedge, commodities are increasingly finding a place in long-term portfo...
- Brookfield's ₹2500 crore Bikaner renewable energy portfolio acquisition: Inox Clean Energy, Purvah Green Power lead raceInox Clean Energy and Purvah Green Power are leading contenders for Brookfield's Bikaner renewable energy portfolio. This 550 MW asset, sup...
- Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
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