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3 mins read
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
4 mins read
Putin is in no hurry to end the Ukraine war, no matter who wins the US election
Russian President Vladimir Putin's goals will remain unchanged: defeat Ukraine and challenge the US.
Tom Porter
3 mins read
India's refusal to take a side in the Ukraine war is frustrating the West. But it has its reasons.
India's stance on the Ukraine war highlights its strategic balancing act, with Narendra Modi playin…
Hannah Abraham,Tom Porter
2 mins read
India's vegetable oils import up 16% in 2022-23 oil year
India's vegetable oils import rose 16% to 167.1 lakh tonnes in the current oil year that ended in O…
PTI
1 min read
India's vegetable oil imports fall 28% in January says industry body SEA
he country's vegetable oil imports declined by 28 per cent to 12 lakh tonnes in January from a year…
PTI
4 mins read
After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1
IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…
PTI
3 mins read
India's oil import bill could swell to $101-104 billion in FY25: ICRA
As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…
PTI
2 mins read
Russia's April oil and gas revenue could double despite Ukraine hammering its oilfields with drones, report says
Reuters projected Russian oil and gas revenue for April to come in at 1.292 trillion rubles, up fro…
Cameron Manley
1 min read
Govt cuts import duty on refined soybean & sunflower oils to 12.5%
The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent f…
PTI
2 mins read
Adani Wilmar shares surge as Russia declares war on Ukraine, threatening India’s sunflower oil imports
Adani Wilmar shares surged over 4% on the back of the Russia Ukraine crisis spilling into a war, th…
1 min read
Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions
Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…
Kelly Cloonan
1 min read
Russia's oil and gas revenue is reportedly set to boom 50% this month
Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.
Jennifer Sor
1 min read
India is buying the most US oil in almost a year as sanctions on Russian energy bite
Indian refiners see more WTI Midland crude oil being used in the country in coming months, sources …
Yuheng Zhan
3 mins read
Crude spikes on Middle East tensions but Iran’s entry will guide its movement say analysts
As Israel and Palestinian group Hamas attack each other, it has shaken up the world crude oil marke…
3 mins read
All you need to know about Russia-Ukraine crisis’ impact on Indian kitchens, pharma sector, crude oil prices and more
The Russia-Ukraine crisis is expected to have a notable impact on the Indian economy, and more so, …
2 mins read
India to clock 7% growth in FY25 despite headwinds: Deloitte
According to Deloitte projections, growth is likely to be 6.7% in the next fiscal year (2025-26). T…
PTI
1 min read
Russia's largest bank says it has no problems transacting with India
Sanctioned Sberbank has managed to pivot to processing transactions in rubles and rupees.
Huileng Tan
1 min read
Oil prices would double if India didn't trade with Russia, energy minister says
"The world is grateful to India for buying Russia's oil," Indian minister Hardeep Singh Puri told C…
Filip De Mott
3 mins read
Cooking oils are getting cheaper but healthier options are as pricier as they were
Indian consumers are switching to unhealthy oils as healthier options keep getting costlier due to …
2 mins read
Russia has never been richer after selling $37 billion in oil to India last year
India purchased $37 billion of Russian oil last year. That's 13 times what it bought before the war…