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India Hasn't Told Refiners Not to Buy Russian Oil

Mint Kolkata

|

August 04, 2025

India hasn't given the country's oil refiners instructions to stop buying Russian oil, according to people familiar with the matter, as officials grapple with meeting energy needs and maintaining ties with Moscow without further angering US President Donald Trump.

- Bloomberg

No decision has been taken as yet on stopping imports from Russia, the people said, asking not to be named due to the sensitivity of the matter. Both state-run or private refiners are allowed to buy from their preferred sources, and crude purchases remain a commerci

FLERE HISTORIER FRA Mint Kolkata

Mint Kolkata

Can budget spurt mkt rally as FPIs exit?

FPIs have been on a selling spree since November, with sharp outflows of over ₹36,000 crore so far in 2026.

time to read

2 mins

January 29, 2026

Mint Kolkata

Mint Kolkata

The ongoing Colomboscope finds kinship in rhythm

The ninth edition of the contemporary arts festival dwells on the meaning of rhythm in the present political moment

time to read

1 mins

January 29, 2026

Mint Kolkata

Mint Kolkata

Maruti to ramp up capacity as GST cuts boost demand

Posts record revenue in Q3 on small car sales; to add capacity of 500,000 units at two plants

time to read

2 mins

January 29, 2026

Mint Kolkata

Mint Kolkata

The sonic presence of the nightclub singer

An excerpt from a new book on female vocalists in Hindi cinema looks at the influence of nightclub songs on films in the 1950s-60s

time to read

3 mins

January 29, 2026

Mint Kolkata

Mint Kolkata

OVL starts talks to bring back dividends stuck in Venezuela

Outcome of negotiations with US, Venezuela to determine fate of $600 million earnings

time to read

1 mins

January 29, 2026

Mint Kolkata

Is the world trapped between two big rival hegemons?

More than three decades ago, the legendary Warren Buffett returned a call to a fact-checker, explaining what he meant when he used the term “elephant-bumping affairs.”

time to read

3 mins

January 29, 2026

Mint Kolkata

Dell to help NxtGen build India's 1st AI factory

US-based Dell Technologies on Tuesday announced that it will provide infrastructure support to India's NxtGen AI Pvt. Ltd for building the country's first and largest dedicated artificial intelligence (AI) factory.

time to read

1 min

January 29, 2026

Mint Kolkata

Mint Kolkata

Yotta plans India IPO first in search for scale, valuations

that it had decided not to proceed with the business combination outlined in the Form F-4 registration statement.

time to read

1 mins

January 29, 2026

Mint Kolkata

Mint Kolkata

South Korea has sprung to the cutting edge of AI regulation

Seoul's new law aims to make AI deployment sustainable and safe

time to read

3 mins

January 29, 2026

Mint Kolkata

Maruti, Hyundai may bear brunt of South Africa’s tariff hike plan

Just a month after Mexico doubled tariffs on car imports, South Africa is considering the option, in a one-two punch that threatens Indian automobile exports of over $2 billion.

time to read

1 mins

January 29, 2026

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