India ramped up crude oil purchases from Russia despite warnings from Washington not to do so. India’s relations with the U.S. seemed to have improved during a brief struggle with Continue Reading
India on Thursday said it would ramp up its production of military equipment, including helicopters, tank engines, missiles and airborne early warning systems, to offset any potential shortfall from its Continue Reading
India’s top electricity producer NTPC Ltd’s (NTPC.NS) coal imports this financial year will be the highest in eight years despite near-record prices, two senior officials at the company said, as Continue Reading
India’s foreign minister said on Wednesday the government is working to stabilize economic transactions with Russia, a day after India condemned the killings of civilians in Ukraine and called for Continue Reading
India on Tuesday condemned the killings of civilians in Ukraine’s Bucha and called for an independent investigation, having earlier declined to explicitly criticise the invasion of Ukraine by its long-time Continue Reading
India’s coal production rose 8.6% to 777.2 million tonnes during the year ended March 2022, the government said on Friday, driven by a surge in power demand due to an Continue Reading
Complications with supply to the US, Asia driving Russian pivot to East Sanctions leading to Russian crude selling at significant discounts Russian trade in currencies other than the dollar, euro Continue Reading
U.S.: India buying more crude from Russia could expose it to a “great risk” in light of more sanctions against Moscow. Kpler data: Indian purchases of Russian oil had jumped Continue Reading
In response to Putin’s aggression in Ukraine, many countries have introduced total bans on Russian crude. As a result, Russia has been forced to sell its oil at a heavy Continue Reading
India’s electricity shortage from March 1 to March 30 was its worst since October 2021, a Reuters analysis of government data showed, driven by a surge in demand. As generators Continue Reading
