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India, UAE seal defence pact, set $200 bn trade target

India and the United Arab Emirates on Monday unveiled plans to have a strategic defence partnership and sealed an LNG deal as Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed...

Why US attacked Venezuela and captured Maduro

The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national...

US Sanctions May Not Stop Russian Oil Flow To India

Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year. Illustration:...

EXPLAINED: Trump's reciprocal tariffs

The United States has announced 26 per cent reciprocal tariffs or import duties on Indian goods which will enter American markets. Industry players and experts have stated that the duties will pose...

Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister...

Venezuela Turmoil Unlikely To Rattle India's Trade

'The immediate impact for India will be very minimal as the share of Venezuela in our total overseas production is very low.' Photograph: Aly Song/Reuters   The geopolitical tension caused by the...

US sanctions on Russian oil firms to hit Reliance

US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through...

'Big Discovery In Deepwater Basin Need Of Hour'

'Both initiatives are welcome moves and we would commit ourselves with focused attention aligned with the national priorities, and pursue our exploration initiatives.' Photograph: Kind courtesy...

India looks to bet big on foreign drillers

India, the biggest contributor to world demand for oil, will bring into effect in an overhaul of its drilling policy. Photograph: Liz Hampton/Reuters This comes after more than a year of...

Shell deepens India market reach through Raj Petro buy

Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world's third biggest lubricants market in the world, a top company official said....