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RIL is trying to sell Middle Eastern oil

Mint Chennai

|

November 07, 2025

Reliance Industries Ltd (RIL) is seeking to sell some cargoes of Middle Eastern oil to domestic and international buyers, in an unusual move for the Indian refiner that's normally a major buyer.

The company, controlled by billionaire Mukesh Ambani, has been trying to sell grades including Murban and Upper Zakum on the spot market, according to people working at companies that received those offers. They asked not to be na

FLERE HISTORIER FRA Mint Chennai

Mint Chennai

Mint Chennai

New emission norms for small tractors likely to be deferred

The Centre is set to give Indian tractor makers major relief by delaying the rollout of the next phase of emission rules—the Tractor and Machinery Emission Standards V (TREM V)—for tractors below 50 horsepower (HP), two officials told Mint.

time to read

1 mins

November 26, 2025

Mint Chennai

No selloff, SAIL unit to get cash infusion

The Union steel ministry is preparing to infuse more than ₹400 crore into Salem Steel Plant, the stainless-steel unit of the Steel Authority of India Ltd (SAIL), marking a sharp policy turn from its earlier intent to privatize the loss-making mill, according to two senior ministry officials.

time to read

1 min

November 26, 2025

Mint Chennai

Mint Chennai

Weapons guidance system to be made in India with Safran

India and France have deepened defence cooperation with a pact to jointly produce an air-to-ground weapon system

time to read

1 mins

November 26, 2025

Mint Chennai

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

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

time to read

1 mins

November 26, 2025

Mint Chennai

Mint Chennai

Magenta eyes $50 mn to scale EV fleet, charging network

Electric mobility startup Magenta Mobility, backed by bp Ventures and Morgan Stanley, has launched a process to raise up to $50 million, enlisting Kotak Mahindra Capital to manage the fundraise, two people familiar with the matter said.

time to read

1 min

November 26, 2025

Mint Chennai

Export sops for tariff-hit MSMEs by next week

The government plans to announce support measures under the Export Promotion Mission as early as next week for small businesses struggling to absorb 50% US tariffs, according to Union commerce minister Piyush Goyal.

time to read

1 min

November 26, 2025

Mint Chennai

Retail scramble on NSE drives delivery volumes to a record

Cash delivery volumes on India's largest stock exchange surged more than 50% to a record in the current fiscal year, driven by unprecedented retail flows.

time to read

1 min

November 26, 2025

Mint Chennai

Sovereign Al takes off as countries try to avoid overdependence on superpowers

As China and the U.S. race to dominate artificial intelligence, countries are increasingly wary of becoming overly dependent on the superpowers for a technology that could profoundly affect their economic competitiveness and national security.

time to read

1 mins

November 26, 2025

Mint Chennai

Rural recovery, low base to fuel Q2 GDP

Policy transmission, festival season inventory too aid growth

time to read

1 min

November 26, 2025

Mint Chennai

1st privately built PSLV near lift-off

India's first privately built polar satellite launch vehicle (PSLV) is expected to have its maiden commercial flight before the end of the financial year, marking a giant leap in the country’s ambition to foster a private space economy.

time to read

1 min

November 26, 2025

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