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
