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India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
US plans additional 12.5% tariff; India says talks on Section 301 probes ongoingThe US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict import...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
China tightens border inspections for fertilizer exports, sources sayChina is intensifying customs inspections on fertilizer exports, particularly ammonium sulphate, to prevent circumvention of new restrictio...
India's Russian oil imports more than triple to 5.3 billion euro in MarchIndia’s crude oil imports from Russia surged in March, with purchases tripling to €5.3 billion as volumes doubled and prices rose, accordin...
Beijing won its war for blue skies, but villagers are paying the priceChina air quality: Reports of villagers huddling under multiple blankets or secretly burning firewood for warmth -- firewood is banned, too...
US coal exports to India expected to rise due to China tariffsThe US is likely to increase coal exports to India after China imposed new tariffs on American energy imports. This shift may affect the ma...
India becomes 2nd-largest importer of Russian fuelsIndia purchased 32% of Russia's crude oil exports while the EU (8%) and Turkey (4%) were the third- and fourth-largest buyers. Crude import...
Global steel prices set to stabilise in 2023, says CRISIL RatingsFollowing the global trend, domestic steel prices are expected to soften only a minimal 2-4% on-year (for flat steel) in fiscal 2024, after...
Russia's €158 billion in fossil fuel revenues outstrip cost of Ukraine invasion: CREAThe largest Russian fossil fuel importer was the European Union (EUR 85 bln), followed by China (EUR 35 bln), Turkey (EUR 11 bln), India (E...
China and India funnel $24 billion to Putin in energy spreeIndia’s increase in spending after the war has been far more dramatic, as it doesn’t share a land border with Russia and its ports are norm...
China's coking coal imports from Russia touch record high in AprilThe world's biggest coal consumer brought in 1.71 million tonnes of the metallurgical coal from Russia last month, more than double the 761...
China stocks end 1% lower as coal miners slumpThe blue-chip CSI300 index ended down 1.3 per cent to 4,898.16, while the Shanghai Composite Index lost 1 per cent to 3,562.31 points.
China’s boycott of Australian coals helps IndiaAustralia is the worlds largest exporter of coming coal, which is used in making steel. It is also the worlds second latest exporter of The...
Ban on Australian coal imports: Southern China suffers power outagesIn 2019, about 60 per cent of China’s coal used in electricity generation came from Australia. China reportedly uses coal to meet 70 per ce...
Trade ban against Australia is a double-edged sword for ChinaChina is more than ever dependent on Australian iron ore to feed its steel furnaces, and on Australian coal to generate power to keep its e...
Australian PM says China coal ban would breach WTO rulesCoal and iron ore are Australia's most lucrative exports. But Australian exports appear to have suffered due to deteriorating bilateral rel...
Global thermal coal prices to fall following coronavirus outburst in ChinaThermal coal imports into China are also likely to slow for a time. Already there are reports of Indonesian coal producers being asked to d...
Dollar holds modest gains, Aussie finds footing after plungeThe euro was 0.05% higher at $1.1340 and on track to gain 0.4% on the week.
China unveils $284 billion plan to curb pollutionChina today unveiled a multi-billion dollar plan to tackle air pollution in the country with a multi pronged strategy.