Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Reliance grabs West Asian oil as Russian flows draw scrutiny
Financial Express Bengaluru
|October 22, 2025
RELIANCE INDUSTRIES BOUGHT West Asian crudes last week and may place more orders, in a sign that Western pressure against Russian flows may be starting to impact its procurement patterns.
The refiner bought at least 2.5 million barrels, including Iraq’s Basrah Medium, as well as Al-Shaheen and Qatar Land, said traders familiar with the matter, who asked not to be named as they're not authorised to speak to the media. While Reliance’s typical diet does include crude from the region, the recent spurt of buyi
This story is from the October 22, 2025 edition of Financial Express Bengaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Bengaluru
Financial Express Bengaluru
Swiggy defends rejected board changes
SWIGGY ON WEDNESDAY defended its proposed amendments to its Articles of Association (AoA), saying the changes were intended to support its long-term goal of becoming an Indian Owned and Controlled Company (IOCC) and would not have resulted in concentration of founder control, after shareholders voted down the proposal last week.
1 min
May 28, 2026
Financial Express Bengaluru
DeepSeek is now running three AI races at once
WHEN DEEPSEEK RELEASED its highly anticipated V4 model last month, it landed not with a bang but a whimper. There were no declarations of a new ‘Sputnik moment’ and global markets shrugged.
3 mins
May 28, 2026
Financial Express Bengaluru
Economists see Q4 GDP growth at around 7.2%
INDIA’S ECONOMY IS estimated to have grown 7.2% year-on-year in the January-March 2026 quarter (Q4FY26), according to a Financial Express poll of economists.
1 mins
May 28, 2026
Financial Express Bengaluru
HDFC Bank falls 2.6% after ‘differential interest’ claim
● Lender denies report that Maha body was offered better deposit rate
1 mins
May 28, 2026
Financial Express Bengaluru
Bond tokenisation likely to attract more retail investors
EXPERTS HIGHLIGHT NEED FOR STRONG SECONDARY MARKET
2 mins
May 28, 2026
Financial Express Bengaluru
Siddaramaiah seeks to meet guv, might make way for Shivakumar
A CHANGE OF guard in the three-year-old Karnataka government seems imminent with Chief Minister Siddaramaiah seeking the Governor's appointment, a day after he was apparently asked by the party high command to make way for his deputy DK Shivakumar’s elevation to the top post, but chose to speak on the matter on Thursday.
1 mins
May 28, 2026
Financial Express Bengaluru
Centre meets FY26 fiscal deficit target
THE CENTRE HAS met the fiscal deficit target of 4.4% of GDP for FY26 based on the new GDP series, with almost 99% achievement of expenditure target set for the year, sources told FE.
1 min
May 28, 2026
Financial Express Bengaluru
NHAI identifies 1,692-kilometre highways for monetisation in FY27
THE NATIONAL HIGHWAYS Authority of India (NHAI) has shortlisted 17 highway stretches totalling 1,692 kilometre (km) for monetisation through the toll-operate-transfer (TOT) model and the National Highways Infrastructure Trust (NHIT).
1 min
May 28, 2026
Financial Express Bengaluru
Coal India OFS gets 8x bids
INSTITUTIONAL INVESTORS ON Wednesday lapped up Coal India shares, putting in bids worth about ₹19,000 crore, with the issue getting over-subscribed 8.14 times on the first day.
1 min
May 28, 2026
Financial Express Bengaluru
Coal gasification roadshow today
THE GOVERNMENT WILL hold a roadshow on Thursday to promote its newly launched ₹37,500 crore incentive scheme to promote surface coal and lignite gasification projects.
1 min
May 28, 2026
Listen
Translate
Change font size