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Saturday, September 6, 2025
TopicOil import

Topic: Oil import

Delhi’s ‘band-aid’ solutions for air pollution, and the death of tabla virtuoso Zakir Hussain

Global media took note of how tabla maestro Hussain introduced the instrument to global audiences. It also reported on Apple's expanding manufacturing network in India, 'thanks to Modi'.

India will buy oil from whoever offers ‘lowest possible price’, says Minister Hardeep Singh Puri

India has been buying crude oil from Russia, which is now its top oil supplier, at discounted prices since the West imposed import curbs following its invasion of Ukraine.

Russian oil slashes OPEC’s share of Indian market to 22-year low

India shipped in about 1.6 million barrels per day (bpd) of Russian oil in 2022/23, the data showed, about 23% of its overall 4.65 million bpd imports.

‘Sensible to get best deal in interest of Indian people’ — Jaishankar on Russian oil imports

Responding to questions from Rajya Sabha members, the external affairs minister said it's his duty to ensure Indians don't pay the cost of other countries' actions for food, etc.

India to diversify oil imports after surprise output cuts by OPEC, its allies

Oil minister Hardeep Singh Puri warned that these cuts could tip the world into recession. He also informed that Indian firms have signed new oil supply deals with Colombia and Brazil.

Biden says US will ban ‘all imports of Russian oil, gas & energy’ to pressure Putin to stop war

Announcing the ban in an address from the White House Tuesday, President Biden said 'US will not be part of subsidising Putin’s war'.

Reliance gets former Biden aide Ankit Desai to lobby for lifting Venezuelan oil import ban

Ankit Desai will work as a subcontractor to law firm Eversheds Sutherland US LLC, which represents Reliance in matters related to Venezuelan sanctions imposed during the Trump admin.

India hopes to import more oil from Iran and Venezuela under Joe Biden

India is heavily reliant on energy imports and refiners struggled to cope as the US foreign policy over the last few years restricted access to Iranian & Venezuelan oil.

Should Modi govt let oil crash cushion finances or will lower retail prices revive economy?

The global oil slump has given Modi govt the cushion to hike fuel taxes to meet revenue shortfalls. But retail fuel prices still hover around pre-Covid-19 levels.

India may seek extension of 4 November deadline for oil import from Iran

India is hoping to get a waiver from US sanctions as it cut down oil import from Iran in the last few months.

On Camera

Navarro to Loomer—Trump’s team is making India new frontline of MAGA politics

It's a wolf pack unleashed on India, and Peter Navarro is leading it. The week gone by has been critical for Indian diplomacy amid the tensions with the US.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

Army chief weighs in on theaterisation, says it is inevitable and need of the hour

New Delhi: Army chief General Upendra Dwivedi has strongly backed the idea of theaterisation, saying it is inevitable and the need of the hour. Speaking...

Punjab is fast becoming the new Northeast. And there’s a message in it for Modi

In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?