Tag: Russian oil imports
India to hold off on US trade deal amidst new probe by Trump, sources say
India will hold off on signing a trade deal with the United States for several months, four Indian sources said, as fresh investigations by President…
China’s Russian oil imports to hit new record in February as India cuts back
SINGAPORE: China‘s Russian oil imports are set to climb for a third straight month to a new record high in February as independent refiners snapped…
US signals possible rollback of 25% tariff on India as Russian oil imports fall
New Delhi|Davos: The US has signalled the potential removal of additional 25% tariffs on India, following sharply lower imports of Russian oil. “We put a…
‘Relieve the tariff,’ US senator says Indian envoy asked him to convey to Trump amid oil squeeze
New York/Washington: US Senator Lindsey Graham has claimed that Indian Ambassador to the US Vinay Kwatra informed him about New Delhi reducing its purchases of…
Indian Oil said to buy first Colombian crude in wean-away from Russian oil imports| Business News
Indian Oil Corp. Ltd. purchased its first Colombian oil under an optional supply deal with state oil company Ecopetrol, two people familiar with the matter…
Reliance Industries resumes Russian oil imports to feed Jamnagar refinery| Business News
Reliance Industries Ltd. has resumed Russian oil imports, sourcing barrels from non-sanctioned suppliers and routing them to its Jamnagar refinery in Gujarat, according to people…
India to tighten Moscow oil tap after US sanctions
New Delhi: Indian refiners are preparing to sharply cut Russian oil imports and seek alternatives after the US imposed sanctions on the latter’s top oil…
Russian oil a roadblock? India likely edges closer to trade deal with US amid tariff talks
India is closing gaps with the United States on long-pending trade issues, with negotiators from both sides reporting “positive” developments, according to a Bloomberg report…
Lower GST will boost India’s economy higher, says FM Nirmala Sitharaman
The new dual-slab goods and services tax (GST) structure adopts a next-generation approach to dealing with indirect taxation and will boost the economy significantly, Union…