300 million stuck in Russia
The dividend income of public sector oil companies ONGC Videsh (OVL), Oil India (OIL), Indian Oil Corporation (IOC), and Bharat PetroResources (BPRL), from their investments...
Tag : Crude Oil
India Is Buying Russian Oil At Discounted Price, But Who Is Really Benefitting Out of It?
by Arti Ghargi
“Russian crude is substantially transformed in the third country and not treated as Russian anymore.” This was the reply of External affairs minister S Jaishankar...
“India Will Produce 25% Of Its Oil Demand By 2030”: Hardeep Puri
by ANI
Hardeep Singh Puri on Friday announced that the Indian petroleum industry is at the cusp of opportunity and will be able to produce 25% of...
“Respect To PM Modi For Boosting Imports Of Russian Oils At Discounts”: Nirmala Sitharaman
by ANI
Nirmala Sitharaman said credit must be given to Prime Minister Narendra Modi’s statesmanship to take the decision of boosting imports of Russian oil at discounts...
Headlines: Rupee Falls To New Low, Near 79 Vs US Dollar
by News Desk
The rupee depreciated 18 paise to close at a record low of 79.03 (provisional) against the US dollar on Wednesday, weighed down by persistent foreign...
If India Wants To Buy Anything, We Are Ready To Discuss: Russian FM Sergey Lavrov On Buying Russian Crude Oil
by Aleesha Sam
Russian Foreign Minister Sergey Lavrov said If India wants to buy anything from them, they are ready to discuss and reach mutually acceptable cooperation...
India-Russia Crude Oil Deal Could Cushion Sharp Rise In Fuel Prices
Currently the Centre Centre levies excise to the tune of 27.90 a litre on petrol and 21.80 a litre on diesel. The sources of Finance...
“No Sanction But Think About Where You Stand”: US On India Buying Cheaper Russian Crude Oil
by Aleesha Sam
White House said if India buys discounted oil from Russia, it would not be violating US sanctions. “But also think about where you want to...
Rupee Hits All-Time Low Of 76.92 Amid Sharp Surge In Oil Prices
More than two-thirds of oil needs are imported by India, and high prices are likely to increase its trade and current account deficits and boost...
PM Modi To Hold Meet On Ukraine Crisis
Earlier the Indian Embassy in Ukraine said that special flights had been arranged for Kyiv for bringing back the Indian nationals, but were canceled as...