Search For "oil imports"
India unaffected by US action on Venezuela due to limited trade: GTRI
Updated : 2 months, 1 week ago IST
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).
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Fed rate cut eases pressure on rupee; India seen stable on FX, bonds: Repo
Updated : 3 months ago IST
The US Federal Reserve's latest 25-basis-point rate cut has set the stage for a complex global monetary backdrop, but its implications for India are expected to be relatively stable, according to analysis from YES Bank's Economics Research team.
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Russian Oil exports drop sharply in November as sanctions concerns weigh o
Updated : 3 months ago IST
Russian oil exports saw a steep decline in November as buyers grew increasingly cautious over the risks linked to more stringent US sanctions, the International Energy Agency (IEA) said in its latest report.
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India can expand exports to Russia from USD 5 bn to USD 35 bn by 2030: GTR
Updated : 3 months, 1 week ago IST
India has the potential to raise its merchandise exports to Russia from about USD 5 billion to nearly USD 35 billion by 2030, according to a GTRI report, as President Vladimir Putin's visit to Delhi places renewed focus on narrowing the wide trade gap between the two countries.
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'From oil and gas to S-400; value of Russian friendship proven': Shashi Th
Updated : 3 months, 1 week ago IST
As Russian President Vladimir Putin is in India, Congress MP Shashi Tharoor praised the importance of the relationship with Moscow, stating that from oil and gas to defence equipment, which played a seminal role in Operation Sindoor, Russia has stood by India, and that the ties between the t
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"Dawn of a new era," says von der Leyen as EU moves toward full energy ind
Updated : 3 months, 1 week ago IST
The European Union announced it is entering a "new era" by phasing out all Russian gas and oil imports, with gas imports to stop by autumn 2027, European Commission President Ursula von der Leyen said on Wednesday.
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Indian equity inflows from Russia tripled in FY25, highest in four years:
Updated : 3 months, 1 week ago IST
Russian FDI equity inflows into India surged more than threefold in FY2025 to USD 18.45 million, up from USD 5.16 million in FY2024, marking the highest level in four years and a renewal in economic engagement between the two countries.
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Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 3 months, 3 weeks ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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India should halt sanctioned oil imports, seek tariff relief, and fair tra
Updated : 4 months, 1 week ago IST
India should halt sanctioned oil imports, seek tariff rollback, and resume trade talks only on fair terms with US, the Global Trade Research Initiative (GTRI) said in a note, outlining a three-step plan for India to protect its trade interests under the ongoing bilateral trade agreement nego
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Assessing implications of EU, UK, US move on oil imports from Russia, wil
Updated : 4 months, 2 weeks ago IST
Reliance Industries said on Friday that it is assessing the implications, including the new compliance requirements, of the recent restrictions announced by the European Union, United Kingdom and the United States on crude oil imports from Russia and export of refined products to Europe a
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EU pledges continued financial aid to Ukraine, backs Russian energy import
Updated : 4 months, 3 weeks ago IST
The EU pledged financial aid to Ukraine through 2027, approved its 19th sanctions package against Russia, and began talks to ban Russian gas and oil imports. Zelenskyy welcomed the support, while EU leaders emphasized long-term backing for Ukraine and measures to counter Russia's energy w
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"Trump shouldn't tell what India will do": Shashi Tharoor criticises US Pr
Updated : 4 months, 3 weeks ago IST
As US President Donald Trump claimed that India will significantly reduce Russian oil imports by year-end, Congress MP Shashi Tharoor on Thursday hit back by criticising him for making announcements on behalf of New Delhi.
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