Crisil expected CPI inflation (for the 2011-12 series) to rise to 5% in the next fiscal, driven by the normalisation of food inflation from deflationary levels in the current fiscal. However, non-food inflation is expected to remain benign, supported by lower crude oil prices and the continu
Indian Oil Corporation Limited (IndianOil) reported a robust financial and operational performance in the first nine months of 2025-26, achieving its highest-ever crude throughput and sales volumes.
India reaffirmed it remains open to sourcing crude oil from Venezuela and other regions based on commercial viability. MEA spokesperson Randhir Jaiswal highlighted Venezuela as a long-standing energy partner, noting India's pragmatic, market-driven approach to securing crude supplies.
Aam Aadmi Party (AAP) Member of Parliament Sanjay Singh on Wednesday said that many questions were left unanswered in the Parliament by the Industries and Commerce Minister Piyush Goyal on the India-US trade deal.
India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing from Russia to Venezuelan heavy crude, according to a new report by State Bank of India (SBI) Research.
White House Press Secretary Karoline Leavitt on Tuesday (local time) claimed that India has committed to ending its purchases of Russian oil and will instead source crude from the United States, potentially from Venezuela under the newly announced trade agreement between the two countries
Indian stock indices recovered on Monday, though not entirely, after the Budget day nosedive, partly due to value buying and weakening global crude oil prices.
Kolkata witnessed fresh violence last evening as miscreants went on a rampage near Golpark, allegedly opening fire and hurling crude bombs on Kankulia Road. On violence erupting in Kolkata, Bharatiya Janata Party (BJP) leader Dilip Ghosh said, In the whole of Bengal, goons and mafias stil
Puri explained that, unlike other global energy events that focus only on crude oil, gas, or a limited set of issues, India Energy Week covers a broad spectrum. "Here we are dealing with green hydrogen, small modular reactors, technology, and even compressed biogas. Just yesterday, we conclu
The US reaffirmed its energy partnership with India at India Energy Week 2026 in Goa, focusing on expanding trade, infrastructure and technology cooperation. US officials discussed increasing energy imports, LNG and civil nuclear collaboration, while both sides highlighted innovation and sma
The Economic Survey 2026 has highlighted a notable increase in terms of imports of crude oil from the United States (US) as compared to Russia in the Financial Year 2026 (April-November).
According to a recent credit alert from Crisil Ratings, the immediate impact remains muted due to India's limited direct trade exposure to the nation. However, the rating agency warned that a prolonged or escalating conflict could eventually pressure specific sectors, particularly those sens