[ad_1] By Sharon Cho and Rakesh Sharma Indian buyers, key consumers of cheap Urals crude since the invasion of Ukraine, have no plans to turn away […]
Russia’s oil to India in June the cheapest since Ukraine war began
[ad_1] By Rakesh Sharma The average cost of Russian crude landing on Indian shores in June was the lowest since Moscow’s invasion of Ukraine more […]
RBI tells banks it is ready, able to manage Russian fund outflows
[ad_1] The Reserve Bank of India has assured bankers that it can and will step in to manage any market impact due to the outflow of Russian […]
Obscure traders ship half of Russia’s oil to India, China after sanctions
[ad_1] A Liberian-flagged oil tanker set sail in May from Russia’s Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before […]
Russia plans to lower oil export discount to $20/bbl, says finance minister
[ad_1] Russia’s finance ministry plans to cut the discount it uses to set taxes on the country’s crude oil exports to $20 per barrel from $25 currently, […]
It’s time to get real about rupee’s role in international financial system
[ad_1] By Andy Mukherjee A year ago, there was palpable excitement in New Delhi around buying Russian crude. The Reserve Bank of India allowed foreign banks […]
India’s oil imports from Russia climb to new peak as buying limit nears
[ad_1] A motorcyclist drives past empty stacked oil drums in Cochin, India, on Friday, May 29, 2015. Photographer: Dhiraj Singh/Bloomberg By Rakesh Sharma India’s imports […]
Will strive to get CPI to 4%, El Nino a challenge for food inflation: Das
[ad_1] Governor Shaktikanta Das has said the Reserve Bank will strive to get headline inflation to its 4 per cent target but flagged El Nino as a […]
Prigozhin orders Wagner mercenaries to halt Moscow march, return to Ukraine
[ad_1] The head of the private Russian military force Wagner said Saturday he has ordered his mercenaries to halt their march on Moscow and retreat to their […]
Russia urges Wagner forces to return to ‘points of permanent deployment’
[ad_1] Russian Ministry of Defence on Saturday urged Wagner forces to “safely return to their points of permanent deployment,” CNN reported. The statement of the Russian Defence […]