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Tariff risks to weigh on crude supply: RIL warns

The New Indian Express Belagavi

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August 08, 2025

RELIANCE Industries, which runs the world's largest single-location oil refinery with a 60 million tonne of refining capacity, on Thursday, warned that the continuing geopolitical and tariff-related uncertainties could disrupt trade flows and the demand-supply balance in its oil-to-chemicals business.

- ENS ECONOMIC BUREAU @ Mumbai

The company, in FY25 annual report on Thursday, said though it expects crude prices to remain volatile amid evolving sanctions, changing tariff regimes and output decisions by oil cartel OPEC and non-OPEC members, oil demand is likely to maintain growth despite growing electric vehicle adoption as the economy is on a strong footing.

FLERE HISTORIER FRA The New Indian Express Belagavi

The New Indian Express Belagavi

Govt extends duty relief on petrochem imports till Jul 15

THE government on Tuesday extended the full Customs duty exemption on imports of critical petrochemical products by another 15 days, until July 15, 2026, to ensure uninterrupted supplies to domestic industries as global supply chains continue to recover from disruptions caused by the conflict in West Asia.

time to read

1 min

July 01, 2026

The New Indian Express Belagavi

The New Indian Express Belagavi

Dell India infra install base grows 20-25% as cos adopt AI

DELL TECHNOLOGIES’ infrastructure install base in India has grown by 20-25%, driven by rising enterprise demand for artificial intelligence (AI) infrastructure, Venkat Sitaram, Senior Director and Country Head, Infrastructure Solutions Group of the company, told TNIE.

time to read

1 mins

July 01, 2026

The New Indian Express Belagavi

The New Indian Express Belagavi

Modi, Japan PM set to launch AI, green pacts

INDIA and Japan are set to expand their strategic partnership with a series of agreements on artificial intelligence, economic security, clean energy and next-generation mobility when Prime Minister Narendra Modi holds annual summit talks with his Japanese counterpart, Sanae Takaichi, on Thursday.

time to read

1 min

July 01, 2026

The New Indian Express Belagavi

The New Indian Express Belagavi

Gen Seth takes charge as Army chief, 1st Armoured Corps officer since 1997

GENERAL Dhiraj Seth took over as the 31st Chief of the Army Staff (COAS) on Tuesday, succeeding General Upendra Dwivedi, who retired after more than four decades of service.

time to read

1 mins

July 01, 2026

The New Indian Express Belagavi

Kotak to buy Deutsche India's retail, pvt banking, wealth biz

FOURTH-largest private sector lender Kotak Mahindra Bank on Tuesday said it will acquire Deutsche Bank India’s retail, private banking and wealth business for a cash consideration of about ₹282 crore, marking the German lender’s complete exit of customer facing banking businesses in the country.

time to read

1 min

July 01, 2026

The New Indian Express Belagavi

GREAT RESISTANCE

South American team overcomes odds to produce one of their biggest sporting days by beating four-time champions in penalties

time to read

2 mins

July 01, 2026

The New Indian Express Belagavi

Another jolt to Uddhav as son’s close aide joins Shinde

AFTER losing six Lok Sabha MPs to defections, Shiv Sena (UBT) chief Uddhav Thackeray suffered another setback on Tuesday as party MLC Sachin Ahir filed his nomination as the Mahayuti candidate for the Maharashtra Legislative Council deputy chairperson’s election.

time to read

1 mins

July 01, 2026

The New Indian Express Belagavi

Body blow to Trump as US Supreme Court upholds birthright citizenship

A divided Supreme Court on Tuesday upheld a broad conception of birthright citizenship, rejecting Donald Trump’s executive order declaring that children born to people who are in the United States illegally or temporarily are not American citizens.

time to read

1 min

July 01, 2026

The New Indian Express Belagavi

Cops deny permission to TMC’s ‘Martyrs’ Day’ rally in Kolkata on July 21

IN a setback to both factions of the Trinamool Party (TMC), the Kolkata Police on Tuesday denied permission to hold the annual mega “Martyrs’ Day” rally near Victoria House at Esplanade on July 21, citing public inconvenience caused by traffic disruptions in the area.

time to read

1 min

July 01, 2026

The New Indian Express Belagavi

The New Indian Express Belagavi

Five states top in court infra under BNS regime

TWO years after the rollout of India’s new criminal law regime, Haryana, Goa, Assam, Chandigarh and Punjab have emerged as the top five performers in implementing the sweeping legal reforms, according to the latest State/UT Nyaya Sanhita Ranking released by the government on Tuesday.

time to read

2 mins

July 01, 2026

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