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DIVERSIFYING OIL PURCHASES INDIA
Rubio calls India a refining superpower, says US to discuss Venezuela oil with RelianceDuring his visit to India, Marco Rubio emphasized the country's refining capabilities for heavy crude oil. He noted that Indian companies h...- India has made substantial progress in diversifying oil imports, Rubio saysMarco Rubio highlighted India's advancements in energy diversification, particularly reducing dependence on Russian oil. During his Mumbai ...
- Rubio says India-US trade deal is ‘very, very close’ after Jaishankar meetingUS Secretary of State Marco Rubio stated that negotiations for a trade deal with India are approaching completion. He highlighted discussio...
- US blinks on Russia, India less flutteredTrump's decision to waive tougher sanctions against Russia aims to ensure US diesel supply until the midterm elections. The waiver, however...
- 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...
- 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...
- 'India an important ally': Rubio says Trump weighing impact of Russia-related tariffsUS Secretary of State Marco Rubio stated that India's energy requirements will be considered before possible sanctions on Russian oil. Pres...
- 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...
- 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...
- Beyond Oil: How bioenergy investments can rebalance India-Russia tradeRussia now exports more than $60 billion worth of goods annually to India, primarily crude oil, petroleum products, coal, and fertilisers.
- '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...
- India's trade deficit widens to $30.21 billion in September despite 23% jump in exportsIn September, India's merchandise trade deficit expanded to $30.21 billion from $26.86 billion in August. Exports experienced a notable boo...
- Ace investor Sunil Singhania adds 6 new stocks in Q2; likely exits two companies after 150% rallySunil Singhania’s Abakkus funds added six stocks, including Aether Industries, BEML and Paramount Communications, amid market volatility an...
- Gold prices are sliding but China goes on a relentless buying spreeChina's People’s Bank has significantly increased gold reserves in September, marking its highest growth rate in three years. As demand for...
- 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 ...
- 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...
- India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
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