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OIL IMPORT TRENDS INDIA
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 ...- India sets import quotas for New Zealand apples, kiwifruit under FTAIndia will implement a quota system for importing apples, kiwifruit, Manuka honey, and albumins from New Zealand. The quotas will gradually...
- Indian Oil to trim Middle East oil imports under annual deals amid Iran warIndian Oil Corporation plans to reduce its crude oil imports from Middle Eastern sources in the next fiscal year due to the ongoing war in ...
- Banking stocks, high oil prices drag Indian markets lowerAcross Asia, markets were mixed, with South Korea rebounding 1.8% from last week's losses amid simmering concerns over excessive investment...
- Tariff quota notified for New Zealand fruits, honeyKiwifruit imports will qualify for zero customs duty under the tariff rate quota (TRQ), subject to a minimum CIF value of $1.80 per kg whil...
- Trump waives Russia sanctions, easing India’s energy concerns as US trade deal nearsUS President Donald Trump waived key Russian sanctions which may enhance trade relations with India. This decision is expected to provide n...
- 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...
- '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...
- 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...
- Import of GM soybeans into India should not be allowed at all, say processorsProcessors across India are urging the government to impose a ban on the import of genetically modified soybeans from abroad. They argue th...
- India's September goods exports rise 23% as imports hit six-month low, narrowing trade deficitIndia's goods exports surged by 23% in September, totaling $44.4 billion, supported by significant gains in electronics, petroleum, and eng...
- 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...
- IMF sees India bucking global slowdown, raises 2026 growth forecast to 7%IMF has increased India's growth forecast for 2026 due to stronger-than-expected economic momentum. Resilient domestic demand and robust se...
- 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...
- India-bound sunflower oil cargoes face cancellation, delays as war disrupts Russian shipmentsThe Russia-Ukraine conflict has also delayed about 60,000 tons of sunflower oil bound for India, prompting Indian buyers to step up palm oi...
- India's sunflower oil imports hit four-year low on Black Sea disruption; palm oil risesIndia’s sunflower oil imports fell 36% in September to their lowest level in more than four years as the Ukraine war disrupted Black Sea sh...
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