NEW DELHI: India’s trade deficit widened to a five-month high of $30.4 billion as imports jumped 31% – the fastest pace of expansion in nearly four years – to $70.8 billion, although...
With the country consuming around 5 million barrels of crude each day, the current inventory is enough to meet approximately 21 days of demand. (AI image) India has replenished its crude oil stocks, w...
India’s crude import strategy has shifted sharply since March 2026 as Strait of Hormuz disruptions tightened Middle Eastern flows. (AI image) US-Iran war impact: India’s crude oil imports from Russia ...
Exports of mangoes to Japan require a phytosanitary certificate issued by the Directorate of Plant Protection, Quarantine & Storage in Faridabad. (AI image) In a big setback for Indian mango expor...
NEW DELHI: The government on Wednesday raised import tariffs on gold and silver to 15% from 6%, according to Reuters. The move is aimed at curbing precious metal imports and easing pressure on India’s...
NEW DELHI: Russia remained the largest source of crude for India in April, supplying 1.6 million barrels a day (mbd), followed by Saudi Arabia, the UAE, Venezuela and Qatar, data from shipment-trackin...
China’s export growth slowed sharply in March, with a year-on-year rise of just 2.5% as the Middle East war continues to cast a shadow over global demand and energy markets. The latest customs figures...
A year after US President Donald Trump’s “Liberation Day” tariffs shook global markets, Washington is back with another round, this time targeting drug and metal imports. The earlier tariffs, announce...
Russian oil supplies to India could rise sharply, potentially doubling from January levels to account for at least 40% of India’s total imports. (AI image) As supply disruptions from the Strait of Hor...
Iran’s Hormuz chokehold has reshaped India’s oil purchase pattern, with a sharp drop in Gulf supplies this month pushing refiners towards Russia and smaller producers to keep supplies stea...