Odisha Congress in-charge Ajay Kumar Lallu on Monday questioned PM Modi for allegedly bowing to US President Donald Trump, after Trump issued a fresh warning to India over raising tariffs on continued imports of Russian oil.
In a statement posted on X on Tuesday, Reliance Industries Limited said a Bloomberg report claiming that "three vessels laden with Russian Oil are heading for Reliance Industries Limited's Jamnagar refinery" was incorrect. The company said its Jamnagar refinery has not received any Russia
On January 4, US President Donald Trump warned that Washington could raise tariffs on Indian imports if New Delhi does not stop purchasing Russian crude. The warning comes even as Indian exports to the US are already subject to a 50 per cent import tariff, half of which is directly linked to
The ongoing crisis in Venezuela is unlikely to have any material economic or energy impact for India, asserted India-based think tank Global Trade Research Initiative (GTRI).
The flagship Electronics Component Manufacturing Scheme (ECMS) is expected to significantly increase domestic capability, resulting in reduced imports in some select components among PCBs, Li-ion cells, connectors, camera and display modules, mobile enclosures, capacitors, anode materials
ICICI Securities noted that EBITDA per tonne for spot steel has already risen by Rs 2,500-3,000, with a sharper improvement expected from Q4FY26 onwards, following a weak third quarter.
The Goods and Services Tax (GST) data of December 2025 reflects resilience in India's tax collections despite steep rate cuts earlier in the year, with imports, steady domestic demand and higher refunds shaping the overall revenue picture, stated experts reacting positively to the GST num
The Government of India's total fertilizer subsidy outlay is projected to remain substantial at approximately Rs 1.9 lakh crore for FY27, according to the rating agency ICRA. This forecast highlights a major fiscal commitment intended to maintain the affordability and availability of fertili
The government has imposed a safeguard duty on certain non-alloy and alloy steel flat products to protect the domestic steel industry from a sharp rise in imports, according to an official gazette notification issued by the government on Tuesday.
Solar power tariffs continue to decline as technology advances and mass adoption increases across the globe. According to a report by PL Capital, India's solar industry is finding a major customer in the United States. The reason can be attributed to the U.S. restricting imports from China-l
India's domestic petrochemical consumption growth is expected to remain robust at 6-7 per cent per annum in the medium term, supported by continued economic expansion and steady demand from downstream industries, according to a report by CareEdge Ratings.
According to government data, during 2024-25 (April-March) India imported around 300 million metric tonnes of crude and petroleum products, meeting about 88% of the requirements through imports.