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Benefit from Russian oil imports exaggerated; India's actual gain at just USD 2.5 bn

New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russi ...Read More >

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OtherAug 28, 2025 03:05 PM

Noted Historian's Sister Dies As Fire Destroys 160-Year-Old Heritage House In Nainital

Nainital: An 86-year-old woman lost her life in a massive fire that gutted the Old London House, a 160-year-old heritage building here in Uttarakhand, late Wednesday night, officials said. Identified as Shanta Bisht, the victim was a sister of noted historian and environmentalist Professor Ajay Rawat. "She was trapped inside the wooden structure as the flames engulfed the entire building rapidly. Her son, Bollywood art director Nikhil Bisht, is also injured in the incident but was rescued on ti ...Read More >

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