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New Delhi: US President Donald Trump said Prime Minister Narendra Modi on Wednesday assured him that India will end Russian oil purchases, though not immediately -- a claim the Ministry of External Affairs (MEA) disputed, saying the two leaders had "no telephonic talks" that day. "It has been our consistent priority to safeguard the interests of the Indian consumer in a volatile energy scenario. Our import policies are guided entirely by this objective," the MEA said in its first reaction to Tr ...Read More >
NEW YORK (Reuters) -Oil prices were stable on Thursday as traders prepared for a potential halt to India's Russian oil imports, which could reshape flows and boost demand for supplies from elsewhere. Brent crude futures were down 28 cents, or 0.45%, to $61.63 a barrel at 12:40 p.m. EDT (1640 GMT). U.S. West Texas Intermediate futures were down 19 cents, or 0.33%, to $58.08. U.S. President Donald Trump said Prime Minister Narendra Modi had pledged on Wednesday that India would stop buying from ...Read More >
Vijayawada: Calling Prime Minister Narendra Modi "the leader of the 21st Century," Chief Minister N. Chandrababu Naidu said the "double-engine" NDA government at the Centre and in AP has brought double benefits to the state. Speaking at the Super GST-Super Savings, Bachhat Utsav public meeting in Kurnool on Thursday, the CM hailed the Centre's cooperation for bringing record-level investments to the state and said, "Modi's victory is India's victory -- and that is our victory too." Lauding the ...Read More >
Illustration: Donald Trump and Narendra Modi amid US-India-Russia oil tensions over Ukraine President Donald Trump announced on 15 October that Indian Prime Minister Narendra Modi had committed to halting oil purchases from Russia, a step Trump said would make it easier to pressure Moscow to end Russia's war against Ukraine, now in its fourth year. India has been one of Russia's key economic partners since Western sanctions targeted Russian energy exports following the February 2022 invasion. ...Read More >
He added: "Indian companies source energy supplies from around the world while taking overall market conditions into account. We would stress that there should be no double standards, especially when it comes to energy trade." Nayara Energy has come under the lens of Western governments given that 49.13 percent of the Indian company is owned by Russia's petroleum giant Rosneft. Nayara, formerly Essar Oil Ltd, operates a refinery at Vadinar in Gujarat, which was hit with sanctions by the Europea ...Read More >
New Delhi: A team of senior officials from India will visit the US this week for trade talks, and negotiations on the proposed bilateral trade agreement are progressing well, a top official said Monday. In February this year, leaders of the two countries directed officials to negotiate a proposed Bilateral Trade Agreement (BTA). It was planned to conclude the first tranche of the pact by the fall (October-November) of 2025. So far, five rounds of negotiations have been completed. "The Indian ...Read More >
WASHINGTON (TNND) -- President Donald Trump said on Wednesday that during a phone call with Indian Prime Minister Narendra Modi, the prime minister assured Trump that India would cease buying oil from Russia. "There will be no oil. He's not buying oil," Trump said. The change won't take immediately, he said, but "within a short period of time." India's foreign ministry said it was "not aware" of the phone call. India is the second-largest buyer of Russian oil. It said the government's consist ...Read More >
NEW DELHI (Reuters) -Western powers have ramped up pressure on Russia's oil sales amid its war with Ukraine as U.S. President Donald Trump said India would stop buying and Britain imposed sanctions on top Russian oil firms. Ukrainian President Volodymyr Zelenskiy is schedule to meet Trump in Washington on Friday to push for military and energy support at a time when Kyiv and Moscow are escalating the war with attacks on energy infrastructure. Indian officials are also in Washington for trade t ...Read More >
Chennai: Indicating that the US and India were moving closer to a trade deal, US President Donald Trump said that he has received assurances from Indian Prime Minister Narendra Modi on halting Russian oil purchases. Such an assurance can be pointed out as a reason for lifting the penalty tariffs on India before reaching a deal. Trump told reporters that he had received assurances from Modi that India would halt its purchases "within a short period of time", which he called "a big stop". "So I ...Read More >
NEW DELHI (Reuters) -Some Indian refiners are preparing to cut Russian oil imports, three sources told Reuters on Thursday, after U.S. President Donald Trump said India had given an assurance it would stop its buying to help end the war in Ukraine. India and China are the biggest buyers of Russian sea-borne crude, taking advantage of discounted prices Russia was forced to offer after losing sales to Europe following Moscow's invasion of Ukraine in 2022. Indian refiners are preparing to shift a ...Read More >
New Delhi: India and Mongolia on Tuesday expanded their strategic partnership and announced a slew of initiatives across sectors including defence, energy and digital infrastructure to cultural and people-to-people exchanges. Welcoming Mongolian President Ukhnaagiin Khurelsukh to India, Prime Minister Narendra Modi said the visit held special significance as it marked 70 years of diplomatic relations and a decade of strategic partnership between the two nations. New projects aimed at enhancing ...Read More >
NEW DELHI - Some Indian refiners are preparing to cut Russian oil imports, three sources told Reuters on Thursday, after U.S. President Donald Trump said India had given an assurance it would stop its buying to help end the war in Ukraine. India and China are the biggest buyers of Russian sea-borne crude, taking advantage of discounted prices Russia was forced to offer after losing sales to Europe following Moscow's invasion of Ukraine in 2022. Indian refiners are preparing to shift away from ...Read More >
NEW DELHI: Global crude oil prices rebounded from a five-month low after US President Donald Trump said Indian Prime Minister Narendra Modi had promised to halt purchases of Russian barrels -- a move that could tighten global supply. Speaking to reporters at the White House, Trump said, "So I was not happy that India was buying oil, and he (Prime Minister Narendra Modi) assured me today that they will not be buying oil from Russia. That's a big step. Now we're going to get China to do the same ...Read More >
New Delhi, Oct 16 (SocialNews.XYZ) India has made it clear that the country's import policy for oil and gas is guided entirely by the interests of the Indian consumers amid a volatile global energy market. The statement was issued hours after US President Donald Trump said that Prime Minister Narendra Modi has assured him that India will reduce purchases of Russian crude oil. "India is a significant importer of oil and gas. It has been our consistent priority to safeguard the interests of the ...Read More >
NEW DELHI (AP) -- India says it is looking to step up purchases of crude oil and natural gas from the U.S. as it diversifies its energy supplies and confronts criticism by U.S. President Donald Trump over its imports of discounted Russian oil. Trump said Wednesday that Indian Prime Minister Narendra Modi had personally assured him his country would stop buying Russian oil, in a move that might add to pressure on Moscow to negotiate an end to the war in Ukraine. "There will be no oil. He's not ...Read More >
NEW DELHI - India says it is looking to step up purchases of crude oil and natural gas from the U.S. as it diversifies its energy supplies and confronts criticism by U.S. President Donald Trump over its imports of discounted Russian oil. Trump said Wednesday that Indian Prime Minister Narendra Modi had personally assured him his country would stop buying Russian oil, in a move that might add to pressure on Moscow to negotiate an end to the war in Ukraine. Recommended Videos "There will be no ...Read More >
Jaipur (Rajasthan) [India], October 15: TiE Rajasthan proudly announces the winners of TiE U Rajasthan 2025-26, an initiative dedicated to nurturing innovation and entrepreneurship among college startups across the state. Also Read | Ranveer Singh Sets the Internet on Fire With Fierce 'Agent' Look in a New Untitled Project; Fans Call It His Most Intense Avatar Yet (View Post). This year witnessed an incredible response with 150+ applications pouring in from budding innovators across Rajasthan. ...Read More >
New Delhi [India], October 14 (ANI): India and Mongolia on Tuesday took a significant step forward in strengthening their cultural and developmental partnership, with Prime Minister Narendra Modi announcing free e-visas for Mongolian citizens and the signing of a Memorandum of Understanding (MoU) to enhance cultural and people-to-people ties. During a joint press statement with Mongolian President Khurelsukh Ukhnaa in the national capital, Prime Minister Modi said the newly signed MoU between t ...Read More >
New Delhi: In an effort to curtail litigation, provide greater certainty, and facilitate compliance for multinational firms in India, the government think tank NITI Aayog has suggested an optional presumptive tax regime for foreign companies. The suggestion was contained in the first paper of its recently released Tax Policy Working Paper Series, which was presented on Friday by B.V.R. Subrahmanyam, CEO of NITI Aayog. If adopted, the suggestion could represent a significant change in India's t ...Read More >
New Delhi: The Oil Ministry has invited applications for the post of chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), over six months after a search-cum-selection committee was constituted to identify a suitable candidate for the top job. The ministry in a post on its website invited applications for the top job at India's second-largest state-owned refinery by October 21. "Selection shall be through a search-cum-selection committee," it said. Board-level appointments ...Read More >
Guwahati: The Centre has endorsed the four-laning of the Kaliabor-Numaligarh section of National Highway (NH) 715 to avoid man-animal conflict and deaths, Railways Minister Ashwini Vaishnaw said on Wednesday. Vaishnaw said on the four-laning of the highway, which crosses through Kaziranga National Park, stating that it features a 34-kilometre elevated viaduct. "The fifth big decision taken by the Union Cabinet today is the four-laning of the Kaliabor-Numaligarh section of NH-715 (86 km, Rs 6,9 ...Read More >
Chennai -- HCLTech, a leading global technology company, today announced the findings of its latest payments industry research. The research underscores a payments industry advancing rapidly toward an AI-enabled, autonomous future, while simultaneously confronting significant challenges related to trust, regulatory preparedness, and the constraints of legacy systems and infrastructure. The repok highlights a paradox: while AI is seen as essential for balancing frictionless customer experiences ...Read More >
India's industrial sector recorded a steady growth of 4.0% year-on-year in August 2025, according to the Quick Estimates of the Index of Industrial Production (IIP) released by the ministry of Statistics and Programme Implementation. This marks an improvement over the 3.5% growth reported in July 2025. The overall IIP for August 2025 stood at 151.7, up from 145.8 in the same month last year.Among the core sectors, mining led the growth with a 6.0% increase, followed by electricity at 4.1% and ma ...Read More >
New Delhi [India], September 29 (ANI): India's industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. Also Read | TCS Layoffs: ...Read More >
New Delhi [India], September 29 (ANI): India's industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. "The index is compiled w ...Read More >
New Delhi [India], September 29 (ANI): India industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. The index is compiled with ...Read More >
(RTTNews) - India's industrial output growth eased slightly in August after a spike in July, and growth was led by a strong performance in the mining sector and production of infrastructure goods, preliminary data from the statistical ministry showed on Monday. The industrial production index rose 4.0 percent year-on-year, which was far less than the 5 percent increase economists had expected. The pace of growth slowed from 4.3 percent in July, which was revised from the 3.5 percent initially ...Read More >
New Delhi, Sep 29 (UNI) The Index of Industrial Production (IIP) growth rate for the month of August is 4.0 pc, which was 3.5pc (Quick Estimate) in the month of July 2025, said the Ministry of Statistics and Programme Implementation today. Growth rates of three sectors, Mining, Manufacturing, and Electricity, for the month of August 2025 are 6.0 percent, 3.8 percent, and 4.1 percent, respectively. "Quick Estimates of IIP stands at 151.7 against 145.8 in August 2024. The Indices of Industrial P ...Read More >
NEW DELHI, Sept. 29 (Xinhua) -- India's factory activity growth, determined by the Index of Industrial Production (IIP), grew 4.0 percent in August, the government data showed Monday. "The IIP growth rate for August 2025 is 4.0 percent, which was 3.5 percent (quick estimate) in July 2025," reads the data issued by the federal ministry of statistics and programme implementation (MoSPI). "The growth rates of the three sectors, mining, manufacturing and electricity for August 2025 are 6.0 percent, ...Read More >
Indian officials have again told the Trump administration that a significant reduction in Russian oil imports by the South Asian nation's refiners would require Washington to instead allow crude purchases from sanctioned suppliers Iran and Venezuela. A delegation visiting the US this week reiterated the request in meetings with American officials, a person with knowledge of the discussions said, asking not to be identified as the talks are private. Indian representatives have emphasized that si ...Read More >
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