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Oil Imports
Business  /  Published 01.07.22

Govt slaps tax on oil exports

The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) shipped overseas by firms like Reliance Industries Ltd, and imposed a windfall tax on crude oil produced locally by ...
By Our Bureau, PTI in New Delhi

Opinion  /  Published 08.04.22

Sanctions against Russia may weaken US hegemony

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...
By Prabhat Patnaik

World  /  Published 06.04.22

EU imposes ban on Russian coal, ships

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...
By Reuters in Brussels

Business  /  Published 20.03.22

Oil imports from US to rise 11%

India’s oil imports from the United States will rise by 11 per cent this year, officials said on Saturday, as the severely energy-deficient country looks to secure supplies from producers around...
By Reuters in New Delhi

Business  /  Published 19.03.22

US: India's oil imports to rise

India's oil imports from the United States will rise by 11% this year, officials said on Saturday, as the severely energy-deficient country looks to secure supplies from producers around the world...
By Reuters in New Delhi

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Business  /  Published 10.03.22

Export curbs threaten food crisis

A global food crisis sparked by Russia’s invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding to a growing list of key producing countries seeking ...
By Reuters in London

Business  /  Published 22.05.21

Second wave hits oil import

The Delhi high court has put on hold state-run ONGC’s notice inviting a tender (NIT) and the consequent e-auction with regard to sale of natural gas from its block in the Krishna-Godavari (KG) b...
By Our Special Correspondent in New Delhi

Business  /  Published 18.03.21

India to rely less on Saudi oil imports

Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter in May, in an escalating stand-off with Riyadh following Opec’s decision to ignore calls from New Delhi...
By Reuters in New Delhi

Business  /  Published 23.09.20

August crude oil imports fall

Crude oil imports declined in August, though at a slower pace, as soaring coronavirus cases continued to hit mobility and slowed economic recovery, government data showed on Monday. Crude oil imports...
By Reuters in New Delhi

Business  /  Published 14.12.18

November trade gap widens

Merchandise exports expanded marginally by 0.80 per cent to $26.5 billion in November, widening the trade deficit to $16.67 billion because oil imports have spiked.Imports rose 4.31 per cent to $43.17...
By Our Special Correspondent in New Delhi


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