The Congress has strongly criticised the US government's temporary waiver allowing India to purchase Russian oil, raising concerns about continued 'American blackmail' and its impact on India's energy policy.
Shares of Reliance Industries Limited (RIL) tumbled on Tuesday, posting its biggest single-day decline in 19 months, amid controversy over its purchase of Russian oil and profit-booking after recent gains.
The US has temporarily permitted India to accept Russian oil already on ships to ensure energy supplies amid the conflict with Iran. This short-term measure is not expected to significantly benefit Russia financially.
Amidst escalating tensions with Iran, the US has granted India a temporary 30-day waiver to continue purchasing Russian oil, aiming to stabilise global energy markets and encourage future US oil imports by India.
A senior government official asserts India's independence in purchasing Russian oil, stating that US sanctions waivers merely remove friction but do not dictate India's energy policy. The official highlights India's commitment to energy security and affordability for its citizens.
The US has granted India permission to buy Russian oil already in transit to ease global supply pressures amidst the West Asia conflict. This decision comes after India agreed to halt sanctioned Russian oil purchases and substitute them with US oil.
US President Donald Trump and Russian President Vladimir Putin discussed the Iran conflict and its impact on global energy supplies during a phone call.
Two juveniles have been apprehended by Delhi police after allegedly stabbing two young men near a metro station. The attack stemmed from a prior dispute where the victims allegedly bullied the accused.
The Kremlin has announced it will not disclose data on crude oil exports to India, citing concerns about 'ill-wishers'. This decision follows reports of increased Russian oil supplies to India and China amid geopolitical tensions.
India's manufacturing sector experienced a significant growth spurt in February, reaching a four-month high driven by strong domestic demand, according to the HSBC India Manufacturing PMI.
Kanpur Crime Branch arrests a medical store owner for allegedly illegally buying and selling codeine-based cough syrup as part of a larger investigation into the illicit trade of regulated pharmaceuticals.
US Energy Secretary Chris Wright said that long-term oil supplies are 'abundant' and there are no worries regarding that, but in the short term, there is a need to get oil on the market.
To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.
When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."
The United States has encouraged India to purchase Russian oil already at sea to mitigate supply shortages and price increases amid the West Asia conflict, according to Energy Secretary Chris Wright. This move is described as a short-term effort to stabilise the market without altering Washington's policy towards Russia.
A fish vendor in Delhi foiled a robbery attempt on his handcart, leading to a scuffle and the arrest of one suspect and apprehension of a juvenile.
The camera was activated on January 30, 2024 at Dongguan--an industrial metropolis in China, and is among various material objects and electronic devices found and examined by the investigators connected with conspiracy.
PhonePe has launched the 'RuPay On-The-Go' Card, a National Common Mobility Card (NCMC) aimed at digitising transit payments across India. The card enables quick, tap-and-pay transactions on NCMC-enabled services like metros, buses, and trains, even without internet connectivity.
A man and seven family members in Bhadohi, Uttar Pradesh, have been charged with violating the triple talaq ban and harassing his wife for dowry, following a complaint filed by the woman.
The Delhi Drugs Control Department seized insulin stocks worth over Rs 20 lakh from wholesale drug firms for allegedly violating storage and regulatory norms.
Police in Arunachal Pradesh seized 26 grams of heroin, valued at approximately 1.37 lakh, during a raid in Namsai district. A case has been registered under the NDPS Act, 1985, and further investigation is underway.
The Realme Narzo 90 5G is available in India starting at approximately 15,200. Officially, the variants are priced around 16,999 for the 6 GB RAM with 128 GB storage model, while the 8 GB RAM with 128 GB storage version retails for about 18,499.
The Bombay High Court has ruled that accepting a bribe constitutes acquiring proceeds of crime, denying relief to a former municipal official arrested in a money laundering case.
A man in Delhi died after being hit by a train while chasing a snatcher who stole his mobile phone at Shahdara railway station. Police have arrested the accused and the receiver of the stolen phone.
The Enforcement Directorate (ED) has attached immovable assets worth over Rs 5 crore belonging to former Assam excise secretary Indreswar Kalita in connection with a money laundering investigation.
Realme has introduced its new Realme Narzo Power 5G handset in the Indian market, highlighted by an enormous 10,001mAh power unit.
A US lawmaker has criticized President Donald Trump's tariff policy on India for purchasing Russian oil, urging him to reverse it immediately.
The tax is collected by brokers on behalf of the government and forms a key component of the Centre's tax revenues.
The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.
The All India Football Federation (AIFF) has invited bids for the commercial rights of men's and women's club competitions, offering two packages for a minimum of 15 years starting from the 2026-2027 season.
Indian stock market benchmarks Sensex and Nifty rebounded strongly after a two-day decline, driven by falling crude oil prices and positive global cues amid hopes of de-escalation in the Middle East.
Precious metal prices surged in futures trading, with silver hitting Rs 2.93 lakh per kg and gold nearing Rs 1.68 lakh per 10 grams, driven by safe-haven demand following US-Israel strikes in Iran and retaliatory attacks.
Indian car buyers care more about affordability than technology, keeping ICE vehicles dominant while hybrids emerge as the preferred transition option and EVs struggle in the mass market.
AICC President Mallikarjun Kharge criticised Prime Minister Narendra Modi's relationship with US President Donald Trump, alleging that Modi is acting as Trump's 'slave' and jeopardising India's interests on trade, oil and foreign policy.
Delhi Police have arrested three men, including an employee of a jewellery trader, for allegedly fleeing with Rs 54 lakh in Chandni Chowk. The employee confessed to planning the theft with his accomplices.
Indian refiners are negotiating for additional crude cargoes from the US, Russia, and West Africa to ensure adequate supplies amid Middle East tensions. Refineries are maintaining normal processing rates and deferring maintenance to build reserves. The move comes as conflict impacts tanker movements through the Strait of Hormuz, a key energy transit route.
The Gujarat Anti-Terrorist Squad (ATS) seized 22 kg of etomidate, an analgesic drug, disguised as aloe vera powder at Mumbai airport. The drug was being illegally exported to Malaysia via air cargo. Three individuals from Surat have been arrested in connection with the smuggling operation.
Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.
The Punjab government has allocated Rs 11,577 crore to home affairs, justice, and jails in the 2026-27 budget, focusing on strengthening institutional capacity, technology-driven surveillance, and prison security.
Greer said that India has taken down some digital services taxes and is moving tariffs down.
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