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Tariff risks to weigh on crude supply: RIL warns

The New Indian Express Kollam

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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 Kollam

The New Indian Express Kollam

Steel sector cartelisation under CCI lens

INDIA'S largest steel companies —Tata Steel, JSW Steel and state-run SAIL and Rashtriya Ispat Nigam Limited (RINL) — disclosed their pricing plans to rivals and coordinated production cuts to reduce supplies, according to a confidential antitrust investigation report seen by Reuters.

time to read

1 min

January 24, 2026

The New Indian Express Kollam

Just two athletes for Winter Olympics, but final shortlist ends up in Delhi HC

INDIAN sports have occasionally thrown up bizarre stories, at times outrageous and embarrassing as well.

time to read

1 mins

January 24, 2026

The New Indian Express Kollam

Indian Army’s operational readiness to be on display at R-Day parade

IN its first Republic Day parade since Operation Sindoor, the Indian Army is all set to showcase its ongoing transformation and operational readiness, debuting newly inducted units and modern battlefield capabilities.

time to read

1 mins

January 24, 2026

The New Indian Express Kollam

Tender unconditional apology over spat with HC judge, SC asks lawyer

THE Supreme Court on Friday asked a Jharkhand-based lawyer to tender an unconditional apology before the high court in suo-motu contempt proceedings which stemmed from a courtroom exchange where he allegedly told a judge, “Don’t cross the limit.”

time to read

1 min

January 24, 2026

The New Indian Express Kollam

Rupee nears 92 level on dollar demand, FII outflows

Local currency closes at 91.88, down 30 paise from the previous day’s close after hitting intra-day low of 91.99 against greenback

time to read

2 mins

January 24, 2026

The New Indian Express Kollam

BUDGET MUST EXPEDITE PROJECT EXECUTION

AS we approach the Union Budget 2026, the conversation naturally turns to the significant numbers expected for national development.

time to read

2 mins

January 24, 2026

The New Indian Express Kollam

'Namaste' from humanoid robot to greet passengers at Visakhapatnam station

A ripple of surprise will soon move through Visakhapatnam Railway Station when a humanoid figure raises its palms in a Namaste and scans the crowd with calm precision.

time to read

1 min

January 24, 2026

The New Indian Express Kollam

Watch your weight! Obese on much higher risk of dementia, says study

PEOPLE with obesity and high blood pressure may face a higher risk of dementia, according to anew study.

time to read

1 mins

January 24, 2026

The New Indian Express Kollam

Basant Panchami prayers, namaz at Bhojshala peaceful

THE rare but sensitive coincidence of Basant Panchami falling on Friday, passed off peacefully in the communally sensitive Dhar town of Madhya Pradesh.

time to read

1 min

January 24, 2026

The New Indian Express Kollam

Wife can't claim maintenance if her acts render husband incapable: HC

THE Allahabad High Court has held that if a wife’s actions or omissions contribute to her husband’s incapacity to earn, she cannot claim maintenance from him.

time to read

1 min

January 24, 2026

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