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India Loses $18.3 Billion On Edible Oil Imports. Why Don't We Produce It?
India imports 15-16 million tonnes ofedible oil annually because farmers see oilseeds as "risky" crops.
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Indian Refiners Settle Iran Oil Deals In Yuan? Centre Says 'Nothing Wrong'
The payments for Iranian oil deals are being settled by the ICICI Bank, which is routing funds in Chinese Yuan to settler accounts, Reuters reported.
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War Impact On Crude Oil Raises GST Question. Why It's Easier Said Than Done
While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.
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Russia Oil Tanker Bound For China Makes U-Turn. Now, Heading To India
A Russian oil-laden tanker that was bound for China has U-turned in the South China Sea, and is now hurrying to India after New Delhi began doubling down on imports from Moscow.
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India's Russian Oil Purchases Surge 50% Amid Scramble To Replace Lost Barrels
India's purchase of Russian crude oil has surged 50 per cent in March as New Delhi tapped alternate sources to make up for the shortfall arising from disruption in the Middle East amid a widening military conflict.
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'Only Trump, No One Else, Claims India Won't Buy Our Oil': Russian Minister
US President Donald Trump is the only person who has been going around telling the world that India plans to stop buying oil from its all-weather, longtime ally Russia, the foreign minister of the transcontinental nation said.
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India Prioritises Energy Security By Diversifying Supplies: Foreign Secretary
India's approach on crude oil purchases has been to maintain multiple sources of supply and diversify them to ensure stability in the energy flow, Foreign Secretary Vikram Misri said on Monday.
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Will Russian Oil Imports Be Cut? Foreign Ministry Reiterates Old Stand
India has a strategy to diversify energy purchases to meet the needs of 1.4 billion people, the Ministry of External Affairs (MEA) said in a press briefing today.
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Venezuela Crisis To Have No Impact On India, Its Companies: Ratings Agency
Crisil Ratings does not expect the US action in Venezuela to have any material impact on India's global trade or the credit quality of Indian corporates.
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US Willing To Sell Venezuelan Oil To India? What White House Official Said
The Donald Trump administration in the United States is reportedly willing to sell Venezuelan oil to India under a new US-controlled framework, amid Washington's pressure on New Delhi to stop its Russian crude trade.
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Reliance "Not Expecting" Russian Crude Oil Deliveries In January
Reliance Industries said on Tuesday it is not expecting any Russian crude oil deliveries in January and has not received such cargoes in the past three weeks.
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India's Russian Oil Imports Rise By Nearly 3% In October: Report
India's crude oil imports from Russia are expected to have risen slightly in October from a month earlier, according to preliminary ship-tracking data from Kpler and OilX, in spite of pressure from Washington to cut purchases.
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What US Sanctions On Russian Oil Mean For India
US President Donald Trump has slapped "tremendous" new sanctions on Russia's two largest oil companies in a bid to pressure his Russian counterpart, Vladimir Putin, into ending the war in Ukraine.
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Trump Again Claims India Will Soon Stop Buying Russian Oil
US President Donald Trump on Friday reiterated his claim that India has "de-escalated" on buying Russian oil, as he met his Ukrainian counterpart Volodymyr Zelensky at the White House.
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Trump Claims PM Modi Has Assured Him "India Will Not Buy Oil From Russia"
US President Donald Trump said on Wednesday that Prime Minister Narendra Modi told him that India will stop buying oil from Russia, a move Trump described as a "big step" in efforts to isolate Moscow economically.
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India Loses $18.3 Billion On Edible Oil Imports. Why Don't We Produce It?
India imports 15-16 million tonnes ofedible oil annually because farmers see oilseeds as "risky" crops.
-
Indian Refiners Settle Iran Oil Deals In Yuan? Centre Says 'Nothing Wrong'
The payments for Iranian oil deals are being settled by the ICICI Bank, which is routing funds in Chinese Yuan to settler accounts, Reuters reported.
-
War Impact On Crude Oil Raises GST Question. Why It's Easier Said Than Done
While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.
-
Russia Oil Tanker Bound For China Makes U-Turn. Now, Heading To India
A Russian oil-laden tanker that was bound for China has U-turned in the South China Sea, and is now hurrying to India after New Delhi began doubling down on imports from Moscow.
-
India's Russian Oil Purchases Surge 50% Amid Scramble To Replace Lost Barrels
India's purchase of Russian crude oil has surged 50 per cent in March as New Delhi tapped alternate sources to make up for the shortfall arising from disruption in the Middle East amid a widening military conflict.
-
'Only Trump, No One Else, Claims India Won't Buy Our Oil': Russian Minister
US President Donald Trump is the only person who has been going around telling the world that India plans to stop buying oil from its all-weather, longtime ally Russia, the foreign minister of the transcontinental nation said.
-
India Prioritises Energy Security By Diversifying Supplies: Foreign Secretary
India's approach on crude oil purchases has been to maintain multiple sources of supply and diversify them to ensure stability in the energy flow, Foreign Secretary Vikram Misri said on Monday.
-
Will Russian Oil Imports Be Cut? Foreign Ministry Reiterates Old Stand
India has a strategy to diversify energy purchases to meet the needs of 1.4 billion people, the Ministry of External Affairs (MEA) said in a press briefing today.
-
Venezuela Crisis To Have No Impact On India, Its Companies: Ratings Agency
Crisil Ratings does not expect the US action in Venezuela to have any material impact on India's global trade or the credit quality of Indian corporates.
-
US Willing To Sell Venezuelan Oil To India? What White House Official Said
The Donald Trump administration in the United States is reportedly willing to sell Venezuelan oil to India under a new US-controlled framework, amid Washington's pressure on New Delhi to stop its Russian crude trade.
-
Reliance "Not Expecting" Russian Crude Oil Deliveries In January
Reliance Industries said on Tuesday it is not expecting any Russian crude oil deliveries in January and has not received such cargoes in the past three weeks.
-
India's Russian Oil Imports Rise By Nearly 3% In October: Report
India's crude oil imports from Russia are expected to have risen slightly in October from a month earlier, according to preliminary ship-tracking data from Kpler and OilX, in spite of pressure from Washington to cut purchases.
-
What US Sanctions On Russian Oil Mean For India
US President Donald Trump has slapped "tremendous" new sanctions on Russia's two largest oil companies in a bid to pressure his Russian counterpart, Vladimir Putin, into ending the war in Ukraine.
-
Trump Again Claims India Will Soon Stop Buying Russian Oil
US President Donald Trump on Friday reiterated his claim that India has "de-escalated" on buying Russian oil, as he met his Ukrainian counterpart Volodymyr Zelensky at the White House.
-
Trump Claims PM Modi Has Assured Him "India Will Not Buy Oil From Russia"
US President Donald Trump said on Wednesday that Prime Minister Narendra Modi told him that India will stop buying oil from Russia, a move Trump described as a "big step" in efforts to isolate Moscow economically.
