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Reliance grabs West Asian oil as Russian flows draw scrutiny

Financial Express Mumbai

|

October 22, 2025

RELIANCE INDUSTRIES BOUGHT West Asian crudes last week and may place more orders, in a sign that Western pressure against Russian flows may be starting to impact its procurement patterns.

- YONGCHANG CHIN

The refiner bought at least 2.5 million barrels, including Iraq’s Basrah Medium, as well as Al-Shaheen and Qatar Land, said traders familiar with the matter, who asked not to be named as they're not authorised to speak to the media. While Reliance’s typical diet does include crude from the region, the recent spurt of b

FLERE HISTORIER FRA Financial Express Mumbai

Financial Express Mumbai

$100,000 H-1B fee won't apply to status change or renewals: USCIS

THE $100,000 FEE imposed bytheTrumpadministration on new H-1B visa petitions willnotapply toapplicants seeking a “change of status” or “extension of stay’,according to fresh guidelines.

time to read

1 mins

October 22, 2025

Financial Express Mumbai

Coming: Insolvency law for civic bodies

Move to boost credit profile & capex of urban local bodies

time to read

2 mins

October 22, 2025

Financial Express Mumbai

Swadeshi drive & GST cuts push Diwali sales to ₹6L cr

Highest-ever in trading history; growth of 25% versus last year

time to read

2 mins

October 22, 2025

Financial Express Mumbai

Reliance grabs West Asian oil as Russian flows draw scrutiny

RELIANCE INDUSTRIES BOUGHT West Asian crudes last week and may place more orders, in a sign that Western pressure against Russian flows may be starting to impact its procurement patterns.

time to read

1 min

October 22, 2025

Financial Express Mumbai

VENU BECOMES TRUSTEE FOR LIFE, MISTRY TO BE NEXT Tata Trusts: Battle won, the real war lies ahead

THE DIFFERENCES AMONG the trustees of Tata Trusts had no impact on the reappointment of Venu Srinivasan on the board of Sir Dorabji Tata Trust (SDTT), which along with Sir Ratan Tata Trusts holds over 51% stake in Tata Sons. The decision was taken unanimously.

time to read

2 mins

October 22, 2025

Financial Express Mumbai

Maha approves ₹648 crore for crop damage relief

THE MAHARASHTRA GOVERNMENT has sanctioned ₹648.15 crore for the distribution of relief to farmers affected by excess rainfall and floods during this year's monsoon, officials said.

time to read

1 min

October 22, 2025

Financial Express Mumbai

THREAT TO EV SUPPORT SCHEME MINIMAL, FEEL EXPERTS China questions India's PLI and EV sops at WTO

ALLTHREE FLAGSHIP schemes to encourage manufacturing of electric vehicles (EVs) and support renewable energy (RE) expansion in India have been challenged by China at the World Trade Organization (WTO).

time to read

2 mins

October 22, 2025

Financial Express Mumbai

Andhra looks at Australia for its seafood exports

ANDHRA PRADESH, WHERE the shrimp industry has been hit by US President Donald Trump’s tariffs, is looking to Australia as an alternative market.

time to read

1 mins

October 22, 2025

Financial Express Mumbai

Spate of surrenders later, Maoists get new face

THE BANNED COMMUNIST Party of India (Maoist) has found a new public voice after its ideological head Mallojula Venugopal Rao alias Sonu surrendered along with 60 cadres in Maharashtra earlier this month.

time to read

1 mins

October 22, 2025

Financial Express Mumbai

US trans-shipment tariff to create big compliance issues for firms: Moody's

THE 40% TRANSSHIPMENT tariff by the US will create major compliance issues for companies in India and the ASEAN region, with high risks for sectors like machinery, electrical equipment and semiconductors, Moody's Ratings said on Tuesday.

time to read

1 min

October 22, 2025

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