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INDIA OIL PURCHASE
Waiver 60-day pause; Europe refused to sanction China, India over Russia oil, says USThe US announced a 60-day pause on sanctions against Russia to analyze the effects on the global economy. Officials clarified that no sanct...- FMCG firms grapple with input cost inflation in Q2, brace for margin pressure in H2FMCG companies are experiencing increased margin pressure as input costs continue to rise. Rising inflation is affecting profitability, for...
- Indian refiners' fuel exports to the West jump 43% as they keep processing Russian crudeIn September, Indian and other refineries exported 1 billion euros' worth of oil products made from Russian crude. This marked a 43 percent...
- Trump looks to rein in fuel prices ahead of midterms; waives threat of 100% tariffs on India over Russian oil, citing ‘national interest’ as US inks diesel pact with MoscowUS President Donald Trump has waived fresh sanctions and duties on Russian energy exports under a new law, citing national interest and eas...
- India's Russian crude binge to continue after Trump waives new sanctions lawWith a fresh sanctions waiver from the US, India is poised to sustain its current levels of Russian crude imports, having now surpassed Chi...
- 500%, 100%, then a waiver: How India escaped Trump's Russia tariff threatIn the beginning it was 500%, then it came down to 100% and then, a waiver. This is how the tariff threat has evolved from an ambitious pro...
- Trump puts Russia sanctions bill on hold, cites US national interest; retains power to reinstate measuresUS President Donald Trump has waived the application of certain sanctions, restrictions and duties on Russia under the Lindsey O. Graham Sa...
- Trump’s 100% Russian oil tariff U-turn has a catch India can’t ignoreGTRI has warned that Donald Trump’s waiver of threatened 100% tariffs on Russian oil buyers offers India only temporary relief, as Washingt...
- MEA Jaishankar, US Secretary of State Marco Rubio to hold talks on October 20External Affairs Minister S Jaishankar will meet US Secretary of State Marco Rubio in Mumbai on October 20. They will discuss ways to enhan...
- 'Trump may Finalise Russia Sanctions Law in 10 Days': Sergio GorUS President Donald Trump will decide on the Sanctioning Russia and Iran Act affecting India's oil purchases. The US ambassador indicated t...
- Indian trade secretary Rajesh Agrawal says first phase of US trade deal finalisedIndia's trade secretary announced that the first phase of a trade deal with the United States is finalized. Legal drafting for the deal is ...
- Trump may decide India's fate over 100% tariff risk in 10 daysUS President Donald Trump is expected to decide within the next 10 days whether to invoke Russia sanctions provisions that could expose Ind...
- Marco Rubio's India visit begins from Sat as New Delhi awaits US decision on Russian oil import waiverUS Secretary of State Marco Rubio is scheduled to visit Mumbai and Jamnagar from October 17 to 22. He will engage with Indian officials on ...
- India continues to advocate for stability in global energy market as US announces diesel deal with RussiaIndia's Ministry of External Affairs has reiterated its call for stability in global energy markets. Concerns were communicated to the US r...
- RBI measures, intervention spark rupee's sharpest rally in six monthsOn Monday, the Indian rupee gained about 1% after the Reserve Bank of India announced measures to curb dollar demand. Oil companies' dollar...
- Trump has learnt his India lesson the hard way. Will he own up?Donald Trump, who imposed an additional 25% tariff on Indian imports to pressure New Delhi to stop buying Russian oil, has agreed to bring ...
- Rupee climbs 1% to 95.76 vs USD after RBI moves to curb dollar demandThe rupee surged 1% to 95.76 against the dollar at Monday’s open after the RBI introduced measures to curb dollar demand and speculative ac...
- India awaits how Trump will route diesel buy from RussiaIndia is carefully studying Trump's announcement and its implications for the country's energy purchases from Moscow, sources added. While ...
- RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
- MP & former FS Shringla highlights significance of Russian oil supplies in interests of India’s 1.4 billion people & keeping global energy prices under controlHarsh Vardhan Shringla has defended India’s Russian oil imports, warning that stopping purchases could push up global energy prices and und...
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