‘Absolutely not going to discontinue’: IOC to keep importing Russian oil despite US curbs; will buy via non-sanctioned suppliers

[ad_1] Indian oil refiners, including Indian Oil Corporation (IOC), may not completely halt purchases of Russian crude despite fresh US sanctions, as the measures target specific Russian suppliers rather than the oil itself. Officials said that while four Russian oil companies have been sanctioned so far, India’s largest supplier, Rosneft, which handles nearly 45 per…

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ISA Summit 2025: President Droupadi Murmu says India to lead solar innovation by 2050; calls for women-led green growth

[ad_1] File photo: President Droupadi Murmu (Picture credit: ANI) India is working not only to achieve its clean energy goals but also to emerge as a global hub that aggregates global solar demand and drives innovation, manufacturing and knowledge exchange by 2050, President Droupadi Murmu said on Tuesday.Addressing the 8th Session of the International Solar…

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Energy security push! India plans 10% mandatory LNG extra reserve; aims cost-effective buffer for price, supply shocks

[ad_1] India is planning to make it mandatory for all liquefied natural gas (LNG) import terminals to build an additional 10% storage capacity that the government can access during supply or price disruptions. According to a draft proposal by the oil ministry, this change will amend the registration rules for LNG terminals under the Petroleum…

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MCX trading halted! Exchange sees extended tech glitch; trading in gold and silver futures delayed

[ad_1] The exchange did not specify a definite schedule for resuming operations. (AI image) MCX trading glitch: The Multi Commodity Exchange (MCX) has been hit by a serious technical disruption on Tuesday, which has resulted in an extended four-hour suspension of trading activities. This interruption has impacted futures contracts trading across essential commodities, particularly gold…

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Trump sanctions impact on India’s Russian oil trade: Refiners stop placing new orders, await clarity; US crude imports at highest since 2022

[ad_1] According to the International Energy Agency, India purchased 1.9 million barrels per day during the first nine months of 2025. (AI image) Donald Trump sanctions impact: With the US and EU imposing fresh sanctions on Russian oil, Indian oil refiners have stopped any fresh orders of Russian crude. According to a Reuters report, the…

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Tata Trusts tussle: Majority vote for removal of Mehli Mistry – once seen as Ratan Tata’s closest confidants, says report

[ad_1] Given that Mistry is ineligible to vote regarding his own term renewal, the outcome at SDTT represents a majority decision. Tata Trusts tussle: In a significant development at the Tata Trusts, Mehli Mistry’s position appears uncertain as chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh have not approved for extending his…

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‘Restrictive measures’: Hit by US sanctions, Russia’s Lukoil to sell overseas assets; why was it targeted?

[ad_1] Russian petroleum giant Lukoil announced on Monday evening that it will divest its international operations following US sanctions imposed in connection with Moscow’s actions in Ukraine.“Owing to the introduction of restrictive measures against the company and its subsidiaries by some states, the company announces its intention to sell its international assets,” Lukoil said in…

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Gold price prediction: Why are gold prices under pressure and what’s the outlook? What investors should know

[ad_1] Gold price prediction: Gold prices are expected to face pressure ahead of the Trump-Xi meeting due to trade deal optimism, though key issues remain unresolved. Analysts suggest accumulating gold on dips, targeting $5,000 by 2026. Silver also shows vulnerability but presents a buying opportunity for the medium to long term. [ad_2] Source link

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