Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Indian refiners look to diversify crude sourcing
The New Indian Express Kottayam
|August 01, 2025
AS US President Donald Trump on Wednesday announced a 25% reciprocal tariff on the import of Indian goods, domestic oil marketing companies (OMCs) say they are awaiting the outcome of ongoing bilateral trade talks with the US, which could lead to lower tariffs.
The oil refiners have said they have sufficient supply and can diversify their crude purchases upon receiving directives from the government. According to the officials, the companies are currently in a "wait and watch" mode, hoping that the trade talks will conclude favorably and that high tariffs may be reduced.
This story is from the August 01, 2025 edition of The New Indian Express Kottayam.
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 The New Indian Express Kottayam
The New Indian Express Kottayam
THE DIPLOMATIC DANCE OF AVOIDANCE
N the glittering corridors of Kuala Lumpur’s convention centres, where Southeast Asia’s leaders will converge to chart a multipolar future, an empty chair will speak volumes. Prime Minister Narendra Modi—the indefatigable globetrotter who has crisscrossed continents to etch India’s imprint on the world—will address the 47th ASEAN Summit and the 22nd ASEAN-India Summit virtually.
4 mins
October 26, 2025
The New Indian Express Kottayam
Things Fall Apart, the Middle doesn’t Hold
Watch it. Hence you forget. The Marie Antoinette edition watch crafted by Breguet over 40 years, commissioned by the French queen’s lover, layered with gold and sapphire was never worn by her.
3 mins
October 26, 2025
The New Indian Express Kottayam
TO BELIEVE OR NOT: FIGHTING DISINFORMATION
O believe or not to believe—that is the question confronting most of us in these times of information inundation.
3 mins
October 26, 2025
The New Indian Express Kottayam
Print media ad rates may go up by 27%, notification after Bihar polls
'Television rating system will also be improved'
2 mins
October 26, 2025
The New Indian Express Kottayam
The Silent Speakeasy Syndrome
Behind ordinary doors, there might be an extraordinary mystery—and a drink—but only if you know where and how to look
2 mins
October 26, 2025
The New Indian Express Kottayam
13 foreign nationals among 20 held as cops raid Gujarat rave party
POLICE raided a farmhouse on the outskirts of Ahmedabad city and arrested 20 people, including 13 African nationals, for allegedly consuming liquor during a late-night party.
1 mins
October 26, 2025
The New Indian Express Kottayam
1 held for Maha doctor rape, cop on run
Accused sent to police custody till October 28
1 mins
October 26, 2025
The New Indian Express Kottayam
Star Trek
India's fascination with the stars continues to inspire curiosity and exploration
1 min
October 26, 2025
The New Indian Express Kottayam
Decision to invest in Adani Group companies taken independently: LIC
LIFE Insurance Corporation of India (LIC) on Saturday denied all allegations of infusing money into the Adani Group, as reported by The Washington Post.
1 min
October 26, 2025
The New Indian Express Kottayam
A Rhythm for Reverence
Lavani Ke Rang breaks Lavani away from the popular perception that it is obscene and vulgar, while retaining its sensual spirit
3 mins
October 26, 2025
Listen
Translate
Change font size