Intentar ORO - Gratis
Will India boost US energy purchases? Yes, if prices make sense
Mint Mumbai
|October 16, 2025
India would be willing to step up its purchases of American oil and gas if prices are competitive, a senior government official said, at a time when New Delhi has come under intense US pressure for buying discounted Russian crude.
India, on average, imports $12-13 billion worth of crude oil and gas from the US every year.
(REUTERS)
Union commerce secretary Rajesh Agarwal, who left for Washington on Wednesday to join the negotiations for the bilateral trade agreement (BTA) with the US, said that India is open to increasing its crude and gas imports from the US if prices remain viable for domestic refiners.
“Our team is currently in the US, holding discussions with American counterparts on energy trade and related cooperation,” Agarwal said on the sidelines of a press conference held to announce the monthly trade data.
The Indian team will hold trade pact discussions with their counterparts till 17 October.
Esta historia es de la edición October 16, 2025 de Mint Mumbai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Mumbai
Mint Mumbai
Mistry moves trusts regulator
Mehli Mistry has challenged the decision of the Tata Trusts to remove him as a trustee before the Maharashtra Charity Commissioner, and urged the regulatory body to hear his case before approving the decision by the country'slargest philanthropic entities last week.
3 mins
November 03, 2025
Mint Mumbai
FAITHTECH IS BRINGING RITUALS TO THE SCREEN
The deliverable, which is often a video recorded or live streamed with the devotee’s name, is tricky
8 mins
November 03, 2025
Mint Mumbai
WHY MUTUAL FUNDS CAN ALSO BE VOLATILE
In September, Canara Robeco Asset Management Co. Ltd (AMC), which manages the assets of Canara Robeco Mutual Fund, became the fifth prominent fund house to list on stock exchanges.
4 mins
November 03, 2025
Mint Mumbai
Is OpenAI becoming too big to fail?
Sam Altman’s ability to intertwine the startup throughout major tech players puts it at the nexus of a vital part of the U.S. economy
4 mins
November 03, 2025
Mint Mumbai
Connected gadgets may need to clear cyber checks
Manufacturers of connected devices will need to prepare for a sweeping new cybersecurity framework that could soon become mandatory across sectors, according to four people aware of the matter.
2 mins
November 03, 2025
Mint Mumbai
How about special governance zones to improve Indian cities?
Let these be test enclaves for innovation so that their successful models can be adopted across India
3 mins
November 03, 2025
Mint Mumbai
Xi-Trump deal leads to resumed shipments of crucial auto semiconductors
China will loosen its export restrictions on semiconductors made by Nexperia, its Commerce Ministry said, after the Chinese-owned, Netherlands-based automotive chip maker was caught in the crossfire of the U.S.-China trade war, leading to supply disruptions that hit car production.
2 mins
November 03, 2025
Mint Mumbai
Rupee stablecoins: Is it time to allow their use?
Should India permit the launch of rupee-pegged digital tokens? A cryptosceptic RBI is best placed to weigh its risks against rewards and articulate a vision for the evolution of money
2 mins
November 03, 2025
Mint Mumbai
A $5 tn milestone that reignites the AI bubble debate
Nvidia, which defines the AI boom, has become world's first firm with a $5 trillion market cap. Its valuation is seen at $8-10 trillion by 2030.
2 mins
November 03, 2025
Mint Mumbai
Contractors to face fines for NH crashes
To prevent road accidents and fatalities, the highways ministry has decided to penalize contractors if more than one accident happens in a year on a particular stretch of national highways, built under the
1 min
November 03, 2025
Listen
Translate
Change font size