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Nayara revives overseas fuel sales

Mint New Delhi

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October 08, 2025

Indian refiner Nayara Energy Ltd—a target of European Union (EU) sanctions aimed at hobbling flows of Russian crude—has broadened efforts to sidestep the curbs by restoring sales to distant markets, including Brazil.

The Blue Ember—a long-range tanker hauling more than 60,000 tonnes of diesel from Nayara’s refinery—began discharging at Brazil's Port of Santos last week, according to ship-tracking data. Draft readings updated on Monday indicate the cargo has been delivered, marking the refi

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'Indian firms could raise $15 bn overseas'

JPMorgan expects Indian companies to raise as much as$14.5 billion next year by issuing overseas bonds, a senior executive at the investment bank said. The majority of this could be used for refinaneing existing debt, and some for financing acquisitions.

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Russian co eyes terminals, shipbuilding push in India

State-affiliated Delo Group is eyeing India’s inland waterways and strategic ports for projects

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GDP data quality debate ill-informed: Sitharaman

The debate over the quality of India’s national income accounts is “ill informed”, as the ‘C’ rating assigned by the International Monetary Fund (IMF) reflects the use of the 2011-12 base year for GDP estimation rather than any broader data shortcomings, finance minister Nirmala Sitharaman said on Wednesday.

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December 04, 2025

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Will Muthoot valuation cap rally?

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Centre moots flexible sourcing norms for electric ambulances

The heavy industries ministry has proposed new localization rules for e-ambulances under the ₹10,900 crore PM E-drive scheme, allowing manufacturers to import traction motors fitted with rare earth magnets till 3 March 2026, the ministry said in response to Mint’s email query.

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1 mins

December 04, 2025

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‘Targeting public debt appropriate during uncertainty’

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time to read

1 mins

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All eyes on RBI as fresh fall brings rupee closer to 90

The Indian rupee came within kissing distance of 90 to a dollar on Tuesday before likely central bank intervention rescued it from the brink, but not before it touched a new all-time low.

time to read

3 mins

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