Tag: crude oil imports

India must rein in imports, push exports: Nitin Gadkari
Posted in Economy

India must rein in imports, push exports: Nitin Gadkari

New Delhi: Road transport and highways minister Nitin Gadkari Wednesday said India will have to rein in imports while stepping up exports if it aims…

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Reliance Industries, which operates the world's largest refinery at Gujarat's Jamnagar bought at least 2.5 million barrels of Middle Eastern crude oil last week. (Reuters)
Posted in Business

Reliance grabs Middle East crude amid US scrutiny of India’s Russian oil imports| Business News

Reliance Industries Ltd. bought middle-east crudes last week and may place more orders, in a sign that US pressure against India’s Russian oil imports may…

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Posted in Economy

UCO Bank gets approval to work with sanctioned refiner Nayara

Indian lender UCO Bank has received government approval to facilitate trade payments for Nayara Energy Ltd., according to people familiar with the matter, nearly two…

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