India is fast cementing its status as the world’s top engine of oil demand growth—overtaking China earlier than expected and showing no signs of slowing down.

The country needs to move quickly to eliminate hurdles in the way of reducing its growing dependence on oil and gas shipments ...

Finance Minister Nirmala Sitharaman announced on Friday that India continues to sustain its GDP growth momentum as the ...

In June, India’s imports of thermal coal from Russia hit an all-time high, and in July, Russia earned status as the third ... ban on Russian seaborne crude oil and a planned price cap on Russian ...

India is likely to retain its status as Russia’s most important crude outlet throughout 2025,” Ritolia added. Crude oil imports from Moscow were temporarily expected to slump, as Indian ...

Main imports from the neighbouring country during April-January 2024-25 included fruits and nuts ($0.08 million), certain oil ... India also withdrew MFN (most favoured nation) status to Pakistan.

The OPEC+ production cuts have been amplified by disruptive geopolitics with both the status of the Russia-Ukraine war and the scenario in the Red Sea with the Houthi attacks raising concerns ...

The port restriction on import of certain goods from Bangladesh to India has been notified in the Gazette of India.The ...

India is reportedly planning to invest Rs 85,000 crore ($10 billion) by 2040 to acquire 112 crude oil carriers, aiming to ...

Russia has stopped pushing for the repatriation of stranded profits from its oil sales to India ... in its trade ally. India has taken advantage of its status as a "friendly" country for Russia ...

Indian gas transporter GAIL (India) will operate its 5 million-tonnes-per-year liquefied natural gas (LNG) import terminal in western India during the monsoon season for the first time, after ...