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New Delhi: India has been importing Russian crude oil at discounts ranging from 5 to 30 dollars per barrel for the past three years. According to a report by Moneylife, private companies such as Reliance and Nayara, along with state-owned firms like Indian Oil and Bharat Petroleum, pocketed around 65 percent of the benefits from these discounted imports. The Indian government received the remaining 35 percent. Ordinary consumers saw little or no relief at fuel stations. Recent tariffs imposed b ...Read More >
CHENNAI: Governor R N Ravi, Chief Minister M K Stalin, AIADMK general secretary Edappadi K Palaniswami, and leaders of political parties paid tributes to freedom fighter Dheeran Chinnamalai on his death anniversary on Sunday. "The nation pays humble tribute to the great patriot, visionary leader and fearless commander Dheeran Chinnamalai. With unmatched courage and strategic brilliance, he led relentless campaigns against the oppressive British East India Company, boldly challenging colonial ty ...Read More >
New Delhi: Despite US pressure and potential penalties, India has not directed its oil refiners to halt Russian crude purchases, prioritizing energy security and diplomatic ties. Refiners continue sourcing oil based on commercial factors, even as contingency plans for alternative sources are explored. The decision comes as the Modi government navigates its energy security needs while managing diplomatic ties with Moscow and avoiding further tensions with US President Donald Trump. According to ...Read More >
India's Ministry of External Affairs on Friday said it does not support unilateral sanctions, responding to the EU's latest penalties on Russia that include a Rosneft-linked oil refinery in Gujarat. "Energy security is a paramount responsibility to meet citizens' basic needs," MEA spokesperson Randhir Jaiswal stated in a post on X. The Ministry of External Affairs on Friday said it does not support "unilateral sanctions" by the European Union, after Brussels imposed penalties on Russia that inc ...Read More >
Kolkata: The Kolkata Traffic Police is facing a new challenge in managing vehicle parking for the upcoming Shahid Diwas rally on Monday, as persistent rainfall threatens to render designated parking fields unusable. The fresh spell of rain on Friday, with more occasional rain predicted even on Saturday, has left cops worried as they believe the Maidan area can be filled with slush.The traffic department, which initially planned to utilise various fields across the city for parking buses and cars ...Read More >
New Delhi: The European Union's sanctions against Nayara Energy will be a setback to the company and the ban on fuels made from Russian oil poses a challenge to Reliance Industries Ltd (RIL), with both up against the threat of being shut out of the bloc, executives and analysts said. The move also complicates Russian energy giant Rosneft's reported plans to divest its 49% stake in Nayara. RIL and Nayara are India's top two fuel exporters. Reliance, which has a term deal to buy substantial volum ...Read More >
India's Ministry of External Affairs on Friday said it does not support unilateral sanctions, responding to the EU's latest penalties on Russia that include a Rosneft-linked oil refinery in Gujarat. "Energy security is a paramount responsibility to meet citizens' basic needs," MEA spokesperson Randhir Jaiswal stated in a post on X. The Ministry of External Affairs on Friday said it does not support "unilateral sanctions" by the European Union, after Brussels imposed penalties on Russia that inc ...Read More >
Hyderabad, July 18 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy on Friday urged his Andhra Pradesh counterpart, N. Chandrababu Naidu, not to obstruct Telangana's irrigation projects He appealed to the neighbouring state not to obstruct Telangana's crucial irrigation initiatives, including the Palamuru-Rangareddy Lift Irrigation Scheme, as well as the Dindi, Kalwakurthy, Bheema, Nettempadu, and Koilsagar projects. "We demand Andhra Pradesh not to block our projects. We seek cooper ...Read More >
NEW DELHI: Nayara Energy's refinery at Vadinar in Gujarat became the first in India to come under Western sanctions as the European Union on Friday announced fresh curbs on Russian oil exports with the aim of throttling funding for Moscow's war machine."For the first time, we're designating a flag registry and the biggest Rosneft refinery in India," agencies quoted EU foreign policy chief Kaja Kallas as saying.India responded by saying it "does not subscribe to any unilateral sanction measures. ...Read More >
New Delhi, July 18 (UNI) India today strongly reacted to the EU slapping sanctions on Rosneft's refinery in Gujarat, and said New Delhi does not subscribe to any unilateral sanction measures. The Ministry of External Affairs in a late evening statement also stressed that there should be no double standards when it comes to energy trade. The statement reads: "We have noted the latest sanctions announced by the European Union. India does not subscribe to any unilateral sanction measures. We are ...Read More >
NEW DELHI: In a renewed effort to put economic pressure on Russia, the European Union on Friday unveiled a fresh package of sanctions, which includes lowering the price cap on Russian crude oil and sanctioning Nayara Energy Ltd, an India-based refinery linked to Russian energy giant Rosneft. This marks the first time the EU has imposed sanctions involving India, a country that has heavily relied on discounted Russian crude since the start of the Russia-Ukraine war in 2022. Nayara Energy Ltd, fo ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health departm ...Read More >
New Delhi: For the first time, the European Union (EU) on Friday imposed sanctions on the Indian oil refinery of Russian energy giant Rosneft, and lowered the oil price cap, as part of a new raft of measures against Russia over its war in Ukraine. However, the fresh sanctions package on Russia included new banking restrictions, and curbs on fuels made from Russian crude oil. "For the first time, we're designating a flag registry and the biggest Rosneft refinery in India. We are standing firm. T ...Read More >
New Delhi [India], July 17: The world of marketing is undergoing a seismic shift, and it's powered by artificial intelligence. As AI-enabled marketing tools become more intelligent and widely adopted, the very structure of marketing teams is beginning to change. Routine tasks that once required human input are now being executed faster, more accurately, and at scale by smart systems. Also Read | Wipro Q1 FY26 Results: Tech Giant Reports 11% Rise in Net Profit to INR 3,336 Crore, Announces INR 5 ...Read More >
Stocktwits - India is not concerned with the proposed secondary sanctions on Russian oil and will meet its oil demands through alternative sources, Petroleum Minister Hardeep Singh Puri said on Thursday, according to a Reuters report. He reportedly said that many new suppliers are entering the market, such as those from Guyana, and India could also rely on supplies from existing producers like Brazil and Canada. According to the report, Russia has continued to be the top supplier to India, acc ...Read More >
New Delhi: Mukesh Ambani's Reliance Industries is deliberating on closing a deal with the Russian oil giant PJSC Rosneft Oil Company, the talks for which are in an early stage. The talks are about sale of Rosneft's 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for the acquisition of Nayara. If it happens then it will help it overtake state-owned Indian Oil Corporati ...Read More >
NEW DELHI: India's two major private-sector refiners, which have long prioritised exports, are turning to local sales, grabbing share in the country's fast-growing $150 billion fuel retail market as weaker global demand squeezes profit margins offshore. Reliance Industries and Nayara Energy are stepping up sales at home as fuel demand growth slows in developed markets and China, the world's second biggest oil consumer, with the transition to electric vehicles. The lower demand offshore combine ...Read More >
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