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2 mins read
Oil demand will rebound sharply in 2021, surpassing pre-virus levels, OPEC says
While demand for OPEC-sourced oil will soar next year, world oil demand will fail to return to its …
Ben Winck
2 mins read
Russia has managed to divert most oil exports from Europe to India and China, getting around sanctions, says a top official
Europe's share of Russian oil and petroleum exports has fallen to 4% to 5% from nearly half.
Huileng Tan
3 mins read
India assures food aid to countries 'most in need' despite export controls
India's Minister of State for External Affairs, V. Muraleedharan has given an assurance that despit…
4 mins read
Meet Jaipur Rugs, an organisation that is empowering marginalised women in Rajasthan and exporting its local rugs to 65 countries
Jaipur Rugs has been on a mission to help train underprivileged rural and tribal women so that they…
2 mins read
Exports dip for the third consecutive month in February to $33.8 bn
Contracting for the third month in a row, India's exports declined by 8.8 per cent to USD 33.88 bil…
PTI
2 mins read
NTPC starts blending green hydrogen with piped natural gas in Surat
NTPC and Gujarat Gas started blending green hydrogen with PNG on January 3.NTPC Kawas held awarenes…
2 mins read
After import embargo, India is creating country profiles for its defence exports
"We are preparing country-wise profiles of products, weapons and platforms which are probably neede…
PTI
1 min read
Russia's oil and gas revenue plunged in May as sanctions and dwindling exports weigh on Moscow's energy trade
Proceeds from oil and gas taxes sank 36% in May from a year ago to 570.7 billion rubles, or about $…
Filip De Mott
2 mins read
WHO is ‘doing everything’ to help India with its COVID-19 crisis as GAVI waits for vaccine exports to begin again
World Health Organisation (WHO) chief Tedros Adhanom Ghebreyesus said that the surge of COVID-19 in…
1 min read
Russia revives oil exports to North Korea as US sounds alarm on more arms sales for Ukraine war
Since December 2022, Russia has exported 67,000 barrels of oil products to North Korea, a UN report…
Filip De Mott
4 mins read
SIMPLY PUT: A weak rupee will be a bonanza for India’s exporters
Apart from textile, engineering goods, petroleum products, gems and jewellery, chemicals were …
2 mins read
'India will buy oil from wherever it wants': Hardeep Singh Puri
On the 2-million barrel a day production cut announced by OPEC+ countries (which include most of…
2 mins read
Russia is cashing in on soaring oil prices right now, but it may not be able to for much longer — its exports are drying up
Russian seaborne crude shipments to Asia, where China and India are its biggest customers, have fal…
Zahra Tayeb
3 mins read
India's services exports to cross $300 billion target in FY23: Piyush Goyal
"On services though, we have done extremely well. On services we are probably going to do at …
PTI
1 min read
Russia's oil and gas revenue reportedly tanked in February as price caps and sanctions ate into export earnings
Russia's revenue from oil and gas exports almost halved in February as price caps and sanctions imp…
Zinya Salfiti
1 min read
US oil prices turn negative for the first time in history
US oil prices turned negative on Monday for the time in history.
1 min read
India's trade deficit widens to $19.73 billion in March, exports rose 6% in 2022-23 to $447 billion
India's merchandise trade deficit in March 2023 stood at $19.73 billion, which was higher than $17.…
1 min read
India targets $500 billion exports for FY23, says DGFT official
In December 2021, exports stood at USD 37.8 billion, the highest-ever for any month, Additional DGF…
PTI
2 mins read
Exporters seek ₹30,000 cr interest-free working capital loan
In the letter, Saraf has said that the country's exports will take an unprecedented hit in the…
2 mins read
Farmer producer organisations can transform agriculture: ITC Chairman Sanjiv Puri
Believing farmer producer organisations (FPOs) can transform agriculture, ITC Chairman Sanjiv Puri …