Reliance Suspends Russian Oil Purchases

Indian company Relience stopped buying Russian oil after US sanctions against Rosneft and Lukoil. Instead, the company purchased a million barrels of oil from Kuwait Petroleum Corporation through a tender.

Indian company Reliance suspended Russian oil purchases last month after the United States imposed sanctions on Russian oil companies Rosneft and Lukoil. Four commercial sources said that Reliance company from India purchased one million barrels of crude oil from Kuwait Petroleum Corporation through a tender.

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2025-11-18T10:09:41+00:00

India's Record Trade Deficit

India's goods trade deficit hit a record high of $41.7 billion in October, putting significant pressure on the economy.

Economy Politics Country

2025-11-17T07:12:22+00:00

Luxury brands compete for market share in India

Global luxury brands have always sought to capture a share of the massive Indian market. However, this has always been a challenging task due to exorbitant tariffs, bureaucratic complexities, and competition from local goods.

Economy Country

2025-11-15T13:13:04+00:00

India Allows Export of 1.5 Million Tons of Sugar

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