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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   


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India imports $12.4 billion worth of crude from Russia but discounts are waning

India has been enjoying the discounted crude oil from Russia for over a year now. But the discount …

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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   


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India's Russian oil imports now double of Iraq

​​India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in Ma…

PTI   


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India to sign $78 billion deal to extend Qatar LNG imports

India is likely to sign a USD 78 billion deal to extend LNG imports from Qatar by another 20 years …

PTI   


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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   


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India will soon be in a position to export Lithium-ion batteries: Nitin Gadkari

Union Minister of Road Transport Highways, Nitin Gadkari on Tuesday said that India will soon be in…

ANI   


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US oil suppliers are getting a boost from Russian sanctions as India looks to buy more from them

India imported an estimated 7.6 million of US barrels in March, a significant increase from the 3 m…

Filip De Mott   


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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…

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India will be the largest source of oil-demand growth for the next 7 years, IEA says

The nation's oil demand is expected to increase by 1.2 million barrels a day by 2030, roughly a thi…

Aruni Soni   


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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.50, and touched 83.49 in …

PTI   


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Rupee turns flat at 83.43 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened strong at 83.41 but later slipped t…

PTI   


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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   


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India is likely to benefit if Trump wins US elections, per Nomura Global Research

"We see India as a relative beneficiary, due to its domestic demand-driven growth model and benefit…

ANI   


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Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high

The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …

ANI   


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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 …

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India stands to gain as crude oil prices fall to 4-month low

With crude oil prices falling to a 4-month low in the international market, the Indian economy is e…

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September trade: India's exports surge in key sectors, trade deficit falls

​​India's trade data for September 2023, released by the Commerce Ministry, revealed a small declin…

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Russia's oil deals with India should terrify countries trying to abandon the dollar

Moscow has encountered several complications since India insisted on paying for Russian oil in rupe…

Huileng Tan   


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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