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India’s oil binge to end in Dec as sanctions bite Russia

Mint Bangalore

|

November 26, 2025

US targeted top Russian producers Rosneft and Lukoil in recent round of sanctions. AP

India’s Russian oil imports are set to hit their lowest in at least three years in December, down from multi-month highs in November, as refiners turned to alternatives to avoid breaching Western sanctions, persons in the know of the matter from trade and refining said.

Britain, the European Union and the United States have tightened sanctions on Moscow over the war in Ukraine, with Washington's latest measures targeting top Russian producers Rosneft and Lukoil.

MÁS HISTORIAS DE Mint Bangalore

Mint Bangalore

Mint Bangalore

'Germany needs new partners as trusted alliances crumble'

Germany must seek new partners in the light of a changing global order, that country's economy minister said on Tuesday, referring to deteriorated relations with US that have resulted in painful import tariffs.

time to read

1 min

January 28, 2026

Mint Bangalore

Mint Bangalore

Fed set to pause rate cuts, with no clear path to resuming

Federal Reserve officials this week are expected to stop cutting interest rates for the first time since September, holding steady after three consecutive reductions.

time to read

3 mins

January 28, 2026

Mint Bangalore

Mint Bangalore

Budget session to see motor vehicles, agri, IBC legislation

FROM PAGE1

time to read

2 mins

January 28, 2026

Mint Bangalore

Mint Bangalore

State demography isn't destiny but still matters

RBI’ latest study of state finances offers valuable insights. Indian states are at different stages of their demographic transition and this will shape their finances and policy options

time to read

2 mins

January 28, 2026

Mint Bangalore

Mint Bangalore

Impasse to end as ESMA, RBI renew pact

The European Securities and Markets Authority (ESMA), the European Union’s financial markets regulator, on Tuesday said it has entered into an agreement with the Reserve Bank of India (RBI) to exchange information for the recognition of Indian central counterparties (CCPs), more than three years after a standoff began over domestic clearing houses.

time to read

1 mins

January 28, 2026

Mint Bangalore

MANAGING INVESTMENTS IN 2026 AMID VOLATILE MARKETS

POWER POINT

time to read

3 mins

January 28, 2026

Mint Bangalore

Axis Q3 beat, margin test looms

Axis Bank's Q3FY26 profit surpassed estimates, despite continued margin-compression.

time to read

2 mins

January 28, 2026

Mint Bangalore

The India-EU deal opens up big opportunities for both

Prime Minister Narendra Modi and his government deserve applause for concluding a landmark trade deal with the European Union (EU).

time to read

3 mins

January 28, 2026

Mint Bangalore

India-EU FTA opens up import route for European carmakers

India’s free trade agreement (FTA) with the European Union, announced on Tuesday, will allow European carmakers such as BMW, Mercedes-Benz India and Volkswagen Group to use imports more strategically to introduce newer models and test demand in India, without committing upfront to local manufacturing.

time to read

2 mins

January 28, 2026

Mint Bangalore

Hindalco announces ₹21,000-cr aluminium push

Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, on Tuesday announced a ₹21,000-crore plan to expand its Odisha aluminium smelter.

time to read

1 min

January 28, 2026

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