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3 mins read
Nearly 5 billion people endured extreme heat in June; 619 million affected in India: Report
India, which experienced one of its hottest and longest heat waves, recorded more than 40,000 suspe…
PTI
2 mins read
India-UK trade pact: Work in progress to resolve pending issues
"The teams have made good progress and work is in progress in resolving pending issues. Chapter…
PTI
1 min read
Russia is selling record amounts of crude oil to India to plug the gap in its energy exports after the EU ban
Indian imports of Russian oil hit a record 1.2 million barrels a day in December, and 1.3 million b…
Jennifer Sor
1 min read
Russia was India's 2nd-largest oil supplier in May, surpassing Saudi Arabia, new data shows
India imported about 819,000 barrels of Russian oil per day, new data shows, which accounts for rou…
Brian Evans
3 mins read
Russia's raking in billions in oil revenue, but running out of buyers. Here are the ways the country could deal with its unwanted oil — and what it means for the energy market
The EU is about to ban Russian oil and traders everywhere are "self-sanctioning". The list of buyer…
Zahra Tayeb
2 mins read
After EU, India wants companies to offer a common charger for all devices
The Indian government is reportedly working on guidelines for adoption of a common charger in the c…
2 mins read
India does not rush into trade agreements if it is not fair, balanced, equitable: Goyal
India does not 'rush' into any Free Trade Agreement (FTA) if the pact is not equitable, balanced, …
PTI
2 mins read
Russia offers to help India get hold of big oil tankers so it can dodge the EU price cap rules
Russia's Deputy Prime Minister said he welcomed India's decision to oppose the G7 price cap and off…
Zahra Tayeb
2 mins read
India joins EU in mandating USB-C charging port on smartphones, as Americans still have to deal with 3 different types of ports and cables
India is following in the European Union's footsteps by requiring mobile devices sold in the countr…
Britney Nguyen
1 min read
EU to train up to 15,000 Ukrainian soldiers
The Council of the European Union (EU) has announced the launch of a special military mission to su…
1 min read
Russia is now India's top oil supplier, overtaking Iraq and Saudi Arabia, as Moscow looks to replace the EU as a customer
Russia supplied India with 946,000 barrels a day of crude in October, the highest level ever in a m…
Phil Rosen
2 mins read
Coal prices hit two-week highs after EU sanctions target Russian imports
Coal prices log their biggest two-day jump in over a month as European leaders announce sanctions o…
Adam Morgan McCarthy
2 mins read
The Fed's lack of innovation with the dollar means China, India, and others will dominate the digital currency race
US policymakers are miscalculating the resources it takes to keep up with rival digital currencies,…
Phil Rosen
3 mins read
United Kingdom eases travel restrictions for Indians
While the requirement for a compulsory 10-day self-isolation in a government-approved facility…
PTI
3 mins read
Oil markets are heading for an 'insanely difficult' summer, with Russian production plunging under EU sanctions
Oil prices look set to soar even higher, as markets factor in a slump of 1 to 2 million barrels per…
Harry Robertson
1 min read
Oil from sanctioned Venezuela to help Europe replace Russian crude as soon as next month: report
The agreement would resume oil-for-debt swaps that have been halted for two years after the US impo…
Ryan Hogg
4 mins read
Russia's energy chokehold over the EU means it will continue to pose a danger, even if it's defeated in Ukraine
The EU is banning Russian oil by sea, but it's still funding Putin's war machine via pipeline and g…
John Haltiwanger,Ben Winck
1 min read
Russia's biggest oil company has slashed its production levels as sanctions bite, report says
Russian oil output has dropped since February, with state-owned Rosneft taking the brunt of the hit…
Harry Robertson
1 min read
Russia is earning $20 billion per month in oil sales as higher crude prices lift export revenue 50%, says IEA
In April, Russian oil exports climbed by 620,000 barrels per day from the prior month to 8.1 millio…
Brian Evans
2 mins read
EU ditches ban on oil tankers that ship Russian crude to third countries, but keeps restrictions on insurers, report says
The EU has watered down its proposed sanctions on anyone that ships, finances, insures or moves Rus…