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INDIA CRUDE IMPORTS
Here’s why Marco Rubio is visiting Jamnagar, the small Indian city with world’s largest oil-refining complexU.S. Secretary of State Marco Rubio is visiting Jamnagar, India, to discuss energy cooperation with Reliance Industries. His discussions wi...
Why the rupee remains under pressure despite lower CAD?The Indian rupee has depreciated significantly this year and is expected to weaken further due to global conditions. Despite improvements i...
Russia ships the least crude oil in a month as major Baltic port haltsRussian crude shipments have dropped to a month low due to maintenance work disrupting operations at the Primorsk port. Despite a reduction...
Tread carefully on trade: India must hold its ground as Trump’s tariff stick loses its biteIndia is navigating complex trade negotiations with the United States, focusing on tariffs and energy imports. Though a trade deal is pendi...
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...
Rupee ends flat as stock slump, importer hedging erodes bounceThe Indian rupee held steady even as it initially surged, influenced by rising dollar demand from importers. However, the local stock marke...
US very close to finalising trade deal with India, says Marco RubioUS Secretary of State Marco Rubio said on Monday that Washington is close to finalising a trade deal with India. He said the US considers v...
'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...
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...
US tariff waiver on Russian crude a comforting relief, but trade uncertainties persist: CareEdge Chief Economist Rajani SinhaCareEdge Chief Economist Raj Sinha said the US decision to waive sanctions provisions that could have led to tariffs of up to 100% on India...
Trump's waiver of Graham law curbs comes as a relief to India, other Russian energy buyersTrump’s waiver of Graham bill provisions could leave US navigating competing priorities: sustaining pressure on Moscow, containing domestic...
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.
India's edible oil imports dip 7 pc to 15.44 lakh ton in Sep: SEAIndia's edible oil imports fell by 7 percent in September, totaling 15.44 lakh tonnes. The decline was attributed to a sharp decrease in cr...
Edible oil refiners set to clock 10-12% revenue growth in FY27 despite duty cut: ReportEdible oil refiners are projected to achieve a revenue growth of 10-12% this financial year. The recent cut in import duties on crude edibl...
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...