‘Absolutely not going to discontinue’: IOC to keep importing Russian oil despite US curbs; will buy via non-sanctioned suppliers

Indian oil refiners, including Indian Oil Corporation (IOC), may not completely halt purchases of Russian crude despite fresh US sanctions, as the measures target specific Russian suppliers rather than the oil itself. Officials said that while four Russian oil companies have been sanctioned so far, India’s largest supplier, Rosneft, which handles nearly 45 per cent…

Read More

Heart of the deal: Managing soy-corn politics

A tale of contrasts: A soy farm in US state of Minnesota and a family in Maharashtra’s Nagpur preparing a field for cultivation of the crop in India. Farmers in US enjoy better output, thanks to large landholdings and heavily mechanised agriculture. That’s in stark contrast to small plot sizes and labour intensive farming in…

Read More

ISA Summit 2025: President Droupadi Murmu says India to lead solar innovation by 2050; calls for women-led green growth

File photo: President Droupadi Murmu (Picture credit: ANI) India is working not only to achieve its clean energy goals but also to emerge as a global hub that aggregates global solar demand and drives innovation, manufacturing and knowledge exchange by 2050, President Droupadi Murmu said on Tuesday.Addressing the 8th Session of the International Solar Alliance…

Read More

Trump sanctions impact on India’s Russian oil trade: Refiners stop placing new orders, await clarity; US crude imports at highest since 2022

According to the International Energy Agency, India purchased 1.9 million barrels per day during the first nine months of 2025. (AI image) Donald Trump sanctions impact: With the US and EU imposing fresh sanctions on Russian oil, Indian oil refiners have stopped any fresh orders of Russian crude. According to a Reuters report, the refiners…

Read More

MCX trading halted! Exchange sees extended tech glitch; trading in gold and silver futures delayed

The exchange did not specify a definite schedule for resuming operations. (AI image) MCX trading glitch: The Multi Commodity Exchange (MCX) has been hit by a serious technical disruption on Tuesday, which has resulted in an extended four-hour suspension of trading activities. This interruption has impacted futures contracts trading across essential commodities, particularly gold and…

Read More

‘Restrictive measures’: Hit by US sanctions, Russia’s Lukoil to sell overseas assets; why was it targeted?

Russian petroleum giant Lukoil announced on Monday evening that it will divest its international operations following US sanctions imposed in connection with Moscow’s actions in Ukraine.“Owing to the introduction of restrictive measures against the company and its subsidiaries by some states, the company announces its intention to sell its international assets,” Lukoil said in a…

Read More

Indian IT sector to cross $400bn by 2030: Report

NEW DELHI: The Indian IT sector is expected to surpass $400 billion by 2030, as AI transforms how enterprises deliver technology. In the near term, AI-driven efficiencies may put downward pressure on pricing, but the acceleration of AI capabilities is poised to expand both the willingness and capacity of global enterprises to outsource complex workflows,…

Read More

India’s October US crude imports highest since 2022

US crude oil imports to India surged due to economic factors, including a favourable arbitrage opportunity. (AI image) NEW DELHI: India’s oil imports from the US has risen to their highest level since 2022 in October, underlining bargain hunting by Indian refiners rather than a structural shift amid Washington’s onslaught against New Delhi over purchase…

Read More