Oil storage containers are seen on the shore of the Mediterranean Sea in the southern city of Ashkelon January 27, 2015. REUTERS/Amir Cohen NEW DELHI, March 18 (Reuters) – Iran Continue Reading
India’s central bank is in initial consultations on a rupee-rouble trade arrangement with Moscow that would enable exports to Russia to continue after western sanctions restricted international payment mechanisms. The Continue Reading
India is considering a Russian offer to buy crude oil and other commodities at discounted prices through a rupee-ruble transaction. So far, India has not condemned Russia’s invasion of Ukraine, Continue Reading
India is considering taking up a Russian offer to buy its crude oil and other commodities at discounted prices with payment via a rupee-rouble transaction, two Indian officials said, amid Continue Reading
The city skyline covered by haze in Mumbai. Mumbai announced detailed plans to zero out carbon emissions by 2050, a target that puts it two decades ahead of India’s national Continue Reading
Russia urged India to deepen its investments in the sanction-hit country’s oil and gas sector, and is keen on expanding the sales networks of Russian companies in Asia’s third-largest economy. Continue Reading
Russia urged India to deepen its investments in the sanction-hit country’s oil and gas sector, and is keen on expanding the sales networks of Russian companies in Asia’s third-largest economy. Continue Reading
India is working out a mechanism to facilitate trade with Russia using local currencies, with a decision expected as early as next week, according to people familiar with the matter. Continue Reading
The chief executive of ONGC Videsh, India’s second-largest oil and gas company, on Sunday confirmed talks between India and the U.S. State Department are underway to allow the company to Continue Reading
The Indian rupee tumbled to a record low, while stocks and bonds also slumped as a relentless surge in oil prices darkened the nation’s economic outlook. India relies on overseas Continue Reading
Highlights High flat crude prices to create inflationary pressure: Platts Analytics Search for answers if SWIFT would work for legitimate Russian oil trades SPR crude an option if global prices Continue Reading
Almost two years after India went into the world’s biggest lockdown to slow the spread of COVID-19, students headed back to school in Maharashtra state on Wednesday, a sign of Continue Reading
An increasingly isolated Vladimir Putin left Russia for only the second time during the pandemic last December. His destination was New Delhi and his focus was on preparing for future Continue Reading
India has had to walk a diplomatic tightrope over Ukraine in the past few days as it tried to balance its ties with Moscow and the West. Delhi’s first statement Continue Reading
Indian Oil Corp. has asked its crude suppliers to stop offering Russian and Kazakh crudes to avoid any payment and insurance risks caused by international sanctions on Russia after its Continue Reading
Rising crude oil prices and supply disruptions following Russia’s invasion of Ukraine could further sap an Indian economy already slowed by COVID-19, posing risks to household spending and private investments, Continue Reading
Farmhands harvest a wheat field in the Panipat district of Haryana, India. India is set to benefit from the shifts in global wheat trade as Russia’s invasion of Ukraine leaves Continue Reading
Since Russian President Vladimir Putin unleashed a large-scale attack against Ukraine on Thursday, the Biden administration has sought to rally allies and partners to condemn Russian aggression and join in trade Continue Reading
India is looking to partner with private companies to restart mines that have previously been shut or had their production discontinued by state-run Coal India Ltd., or CIL, on a Continue Reading
Average refinery run rates at Indian refineries were 101 percent in January, compared to 87 percent in August last year. Most of India’s 23 refineries operated at above nameplate capacity Continue Reading
Highlights 2020-21 coal demand stood at 905.88 mil mt April-November 2021 coal imports down 11.13% on year April-November coal production up 9.01% on year India aims to increase its domestic Continue Reading
Demand for commodities is beginning to crumble in India. With oil at $90 or nearly $90 a barrel these days, Indian purchases could slow down going forward. India’s imports in Continue Reading
India is considering battery swapping for electric cars rather than charging stations as it seeks to spur adoption of cleaner transport in its notoriously polluted and crowded cities. “Considering the Continue Reading
Growth in India’s factory activity slowed to a four-month low in January as COVID-19 curbs hurt new orders and output, while high price pressures weighed on business confidence about the Continue Reading
India’s opposition Samajwadi party hosted an unexpectedly lively rally last week, with politicians delivering speeches enthusiastically received by thousands who had attended despite a ban on live campaign events. The Continue Reading
India is failing in efforts to improve its toxic air quality, with the number of smog-plagued cities increasing since the launch of a national program to tackle the issue. A Continue Reading
Healthcare and front-line workers along with people above age 60 with health problems lined up Monday at vaccination centers across India to receive a third dose as infections linked to Continue Reading
Coronavirus cases fueled by the highly transmissible omicron variant have rocketed through India and the country is scrambling to ward off its impact by swiftly introducing a string of restrictions Continue Reading
India has tightened its Covid-19 restrictions as a surge of infections threatens the country’s robust economic rebound from last year’s devastating outbreak of the Delta variant. The country’s daily new Continue Reading
When the Omicron coronavirus variant spread through India late in December, Prime Minister Narendra Modi urged the nation to be vigilant and follow medical guidelines. Arvind Kejriwal, the chief minister Continue Reading
Highlights Several states step up restrictions as omicron variant spreads India’s 2022 jet fuel demand seen 16% lower than 2019: Platts Analytics But tight supply, China’s export quota cuts to Continue Reading
India’s demand for diesel, the most used fuel in the world’s third-largest crude oil importer, rose in December 2021 from a month earlier but was still 2 percent lower than Continue Reading
The construction crew peered into two inky shafts bored into a rocky cliff face, bracing against the bitter cold and the impending blast. Harpal Singh gave the go-ahead. The mountain Continue Reading
Sanju is on a mission. For weeks, she has traveled from village to village, urging farmers in India to stop burning stubble from harvested rice crops near New Delhi, the Continue Reading
Highlights India’s November crude imports up 7.5% on month India, China to drive growth in 2022: Platts Analytics Refiners expect crude prices to remain firm in 2022 India’s crude imports Continue Reading
India may see a spurt in Covid-19 growth rate within days and head into an intense but short-lived virus wave as the highly-infectious omicron variant moves through the crowded nation Continue Reading
Highlights India’s November crude imports up 7.5% on month India, China to drive growth in 2022: Platts Analytics Refiners expect crude prices to remain firm in 2022 India’s crude imports Continue Reading
India is reviewing a proposal to stop new coal-fired capacity construction under a plan to meet its climate pledges, Indian outlet The Economic Times reported on Wednesday, quoting sources familiar Continue Reading
India’s decision this week to ban agricultural trading contracts marks Narendra Modi’s latest effort to ease popular fears about rising inflation ahead of crucial state elections early next year. The Continue Reading
The pipes are laid, the taps installed and the village tank is under construction — all promising signs that, come spring, Girja Ahriwar will get water at her doorstep and Continue Reading
India is going all-in on renewable energy, with big plans to scale up its solar sector. As a part of the move, India is looking to cut ties with China Continue Reading
India’s refinery runs to rise by 370,000 b/d in 2022: Platts Analytics Refiners say it’s too early to alter throughput plans due to omicron State refiners seal multiple crude deals; Continue Reading
India’s wholesale inflation quickened to the fastest pace in three decades on input costs fueled by high commodity prices and supply constraints. Wholesale prices rose 14.2% in November from a Continue Reading
Russia last week announced a major new energy cooperation deal with India that threatens the very core of the U.S.’s fightback strategy against Beijing’s and Moscow’s expansionism in the Middle Continue Reading
Deaths. Melting tarmac. Power outages. These are the consequences of summer heatwaves that have become more intense across India, routinely pushing temperatures above 40 degrees Celsius. Even in the neighbouring Continue Reading
One evening in October, Meena Sonawane, a domestic worker living in a slum in the Mumbai suburb of Chembur, cooked dinner with the only food in her kitchen: rice. She Continue Reading
Russia and India signed Dec. 6 new energy cooperation agreements including a contract for Rosneft to ship almost 15 million barrels of crude to the world’s third-largest consumer of oil Continue Reading
State-run Coal India (COAL.NS) auctioned 3.2 million tonnes of coal exclusively for the non-power sector in November, a senior company official said, more than five times the volume auctioned a Continue Reading
Reliance Industries (RELI.NS) and Saudi Aramco (2222.SE) have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of the Indian conglomerate due Continue Reading
Narendra Modi has dominated politics in India for seven years. With broad public support and big majorities in Parliament, the prime minister has pushed through dramatic and sometimes damaging policies. His government has fiercely advocated a Hindu-focused Continue Reading
