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IOC says to continue buying Russian oil

Mint Mumbai

|

October 29, 2025

India's largest oil refiner, Indian Oil Corp. Ltd (IOC), on Tuesday said it will "absolutely not" halt buying Russian crude and will also comply with international sanctions.

- Rituraj Baruah

The statement underscores India's attempt to balance energy security with growing global restrictions, even as fresh US measures target major Russian suppliers Rosneft and Lukoil.

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Skilled hands from India fill Russia's growing labour gap

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Pharma MSMEs may get time to adopt new manufacturing rules

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INDIA KEEPS TOP SPOT ON NOV EXPORTS JUMP

India claimed the first rank among its emerging markets peers for the second time in a row in November. A turnaround in exports, aided by a low base, gave it a significant lead during the month.

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EMIs, cashbacks turn iPhone 16 into India's best-seller

Apple Inc. has notched another feat in India—fuelled by easy credit, cashbacks and aspirational Indians, the iPhone 16 is now the country’s highest-selling smartphone, eclipsing the most popular budget model from China's Vivo.

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