"If you put secondary sanctions on a country - let's say you were to go after the oil sales of Russian oil to China. Well, China just refines that oil. That oil is then sold into the global marketplace, and anyone who's buying that oil would be paying more for it or, if it doesn't exist, w
Indian stock benchmarks settled higher on Wednesday, backed by a continued decline in headline inflation and some buying at lower levels. Firm global cues also supported the indices.
Non-Resident Indians (NRIs) are increasingly turning to India for buying term insurance plans, with purchases doubling over the past two years, according to an analysis report by Policybazaar.
The Aam Aadmi Party (AAP) on Tuesday alleged that Prime Minister Narendra Modi has prioritised "crony interests" over national welfare, noting that he allowed petrol and diesel to be sold at Rs 95-104 per litre despite India purchasing crude oil at discounted rates from Russia.
The Prime Minister was seen buying a ticket through QR code-enabled ticket vending machines at the Ragigudda metro station before flagging off the Yellow Line of the Namma Metro.
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India's crude oil import bill could increase by USD 9 billion to USD 12 billion, if the country stops buying Russian crude oil, according to a report by the State Bank of India (SBI).
After US President Donald Trump announced an additional 25 per cent tariff on Indian goods, Shiv Sena (UBT) MP Priyanka Chaturvedi called it "hypocrisy." She said Trump is unfairly targeting India for buying oil from Russia, while US, EU, China, and Turkey continue to trade with Russia as
Congress leader Rahul Gandhi on Wednesday slammed the United States for imposing an additional 25 per cent tariff on India for buying Russian oil, terming it "economic blackmail" to bully New Delhi into an unfair trade deal.
Meanwhile, former US Ambassador to the United Nations Nikki Haley has taken a dig at US President Donald Trump for his announcements about substantially hiking tariffs over oil imports from Russia, saying he had given "China a pass" and cautioned him against burning "a relationship with a