India’s Solar Industry Is Desperate To Cut Ties With China
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 crude buying moves into top gear as refiners maximize runs
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 Prices Unexpectedly Rise to Three-Decade High
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
Putin’s coup In India Will Shock The U.S.
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
Indian demand for air-conditioning heats up climate fears
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
Economic distress from India’s coronavirus lockdowns has created a hunger crisis
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 sign oil supply deal, see need for stable prices in talks
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
Coal India auction to non-power sector up sharply
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, Aramco call off $15 bln deal amid valuation differences, sources say
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
Pakistan petrol retailers start nationwide strike as profit margins drop
Pakistan’s petrol retailers began a nationwide strike on Thursday as the main industry body flagged low-profit margins, exacerbated by the government’s move to raise taxes and boost revenue under its Continue Reading