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New Delhi: In a significant move, the India-flagged LPG tanker Green Sanvi successfully transited the Strait of Hormuz on Friday evening. The vessel is the seventh Indian gas carrier to navigate the volatile waterway since a major conflict erupted in West Asia in late February 2026, which has paralysed global shipping in the region. The Green Sanvi, a Very Large Gas Carrier (VLGC) owned by MOL India, is reportedly carrying approximately 46,655 metric tonnes of Liquefied Petroleum Gas. It is ex ...Read More >
Vav Tharad (Gujarat): Prime Minister Narendra Modi on Tuesday highlighted India's stability amid global energy and geopolitical challenges, particularly in West Asia, while sharply criticising the Congress for "undermining" national unity and "spreading rumours". Speaking after launching projects worth over Rs 19,800 crore in Vav-Tharad, the Prime Minister referred to the turbulence in West Asia and its impact on energy supplies worldwide. "We can see how many countries are facing uncertainty ...Read More >
In return, India may reduce imports of Russian oil and open its market to non-genetically modified American corn and soymeal products. The U.S. and India are close to a possible trade deal that would reduce tariffs on Indian exports to about 15% to 16% from the current 50%, according to the Mint. In return, India may reduce imports of Russian oil and open its market to non-genetically modified American corn and soymeal products. The bilateral trade agreement could be announced when President D ...Read More >
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Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Friday that India and Brazil have agreed to expand their partnership in oil exploration and production, with Indian upstream oil companies such as ONGC expected to participate in upcoming offshore projects in the Latin American country. New Delhi, Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Friday that India and Brazil have agreed to expand their partnership in oil exploration and production, with Indian upstr ...Read More >
New Delhi: India and Brazil on Thursday agreed to deepen their economic engagement by expanding the scope of their Preferential Trade Agreement (PTA) under the Mercosur framework. As a part of this effort, the two countries have set a new bilateral trade target of $20 billion by 2030, up from $12 billion in 2024. At the India-Brazil Business Dialogue in New Delhi, Brazil's Vice President and Minister for Development, Industry, Trade & Services, Geraldo Alckmin, said the two nations were "comple ...Read More >
Indian negotiators had not expected to conclude a meaningful deal in time to meet Mr. Trump's revised deadline of Aug. 1. But they did expect to be treated as well as their neighbors, and to keep haggling with American officials until October or November, when Mr. Trump was invited to visit India as part of the Quad defense group, which brings together four big democracies -- India, the United States, Japan and Australia -- with a shared interest in standing up to China. Instead, they were fed ...Read More >
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