NEW DELHI : India’s largest conglomerate Reliance Industries, owned by billionaire Mukesh Ambani, has stopped importing Russian crude oil for its export-only refining unit at Jamnagar in the western state of Gujarat. The move
MUNDRA : In a continued effort under operation “Fire Trail” to counter illicit import of firecrackers, the Directorate of Revenue Intelligence (DRI), has successfully busted another sophisticated smuggling attempt involving the illegal import of
NEW DELHI : India’s crude oil inflows from Russia remained robust in October, touching $2.9 billion, even as the U.S. tightened sanctions on major Russian energy producers. According to new data from the Centre
MARSEILLE : CMA CGM is to acquire a 20 per cent stake in Eurogate Container Terminal Hamburg (CTH), a major entry point for imported fresh fruit into northern and central Europe. The move is
NEW DELHI : India has imposed an Anti-Dumping Duty of USD 121.55 per tonne on imports of hot rolled flat steel products from Vietnam for five years. The move is aimed at protecting domestic
LONDON: Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply in October, driven by strong export volumes and mounting sanctions pressure, industry sources told Reuters. U.S. President Donald Trump
LONDON: Neha Mukherjee, a rare earth expert and Research Manager at Benchmark Mineral Intelligence, has urged nations to urgently diversify their sources to avoid a global supply chain breakdown. “The problem is that the
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal, emphasised that India has undergone a significant shift in recent years and that it now negotiates from a position of strength, reflecting
WASHINGTON D.C.: US President Donald Trump on Friday announced that the United States will impose a 100 per cent tariff on Chinese goods “over and above any tariff that they are currently paying,” effective
LONDON: Tanker freight rates for shipping Urals crude from Russia’s western ports to India rose further in late September and early October, tracking a sharp increase in loadings last month, industry sources said. Indian