Sri Lankan government has allowed private companies to import fuel, Power and Energy Minister Kanchana Wijesekera said on Friday, a move aimed at easing the burden on cash-strapped state-run fuel reta...

Exports rose 24.22 per cent to $38.19 billion in April 2022, on account of a healthy performance by sectors such as petroleum products, electronic goods and chemicals, the commerce ministry said today...

The EU’s chief executive on Wednesday branded as “blackmail” Gazprom's move to halt supplies to some European customers, but said the bloc was working on a coordinated response t...

After Russia cut off supplies of natural gas to Bulgaria and Poland on Wednesday, a top German official said the flow of Russian gas to Germany remained steady, while adding that the country could liv...

If Kathmandu sneezes, Siliguri catches a cold. A recent decision by the Nepal government to halt the import of non-essential commodities in a bid to thwart the decline of foreign exchange reserves in...

The Centre has recommended the import of coal for blending up to 10 per cent to ensure adequate stocks for uninterrupted electricity supply over the next few weeks when power demand is expected to ris...

On Wednesday, the  White House reiterated its desire that New Delhi does not purchase oil from Russia. “And (the US is) also making clear that we stand ready to support India as in any effo...

Post-war decolonization was followed by a spate of local, bilateral or regional trade arrangements in the world economy; besides, the Soviet Union and other east European socialist countries were a lo...

The European Commission proposed on Tuesday new sanctions against Russia over its invasion of Ukraine, including a ban on buying Russian coal and on Russian ships entering EU ports, and said it was wo...

The International Energy Agency says its members agreed Friday to release further oil from their emergency reserves in response to the market turmoil caused by Russia’s invasion of Ukraine. The...