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Russian crude flows to India despite US, EU pressure

Financial Express Kochi

|

August 05, 2025

Deliveries Continuing As Normal

- WEILUN SOON & RAKESH SHARMA

AT LEAST FOUR tankers discharged millions of barrels of Russian crude at Indian refineries at the weekend, a sign the closely scrutinized deliveries are continuing as normal, even as the US ramps up pressure on the country to stop purchases.

Oil traders and shipping companies have been waiting for direction from New Delhi on whether supplies from Moscow will be allowed to continue after US President Donald Trump last week threatened punitive action to curb trade with Russia.

Over the weekend, a senior aide accused India of effectively funding President Vladimir Putin's war in Ukraine.

MEER VERHALEN VAN Financial Express Kochi

Financial Express Kochi

Wakefit to float IPO on Dec 8; eyes ₹1,400 crore

HOME AND FURNISHINGS company Wakefit Innovations is launching its initial public offering (IPO) on December 8 to raise around ₹1,400 crore.

time to read

1 min

December 01, 2025

Financial Express Kochi

Travel dividend

A 4 AM IDEA TURNED INTO A BET ON HOW INDIA WILL TRAVEL AND SPEND —AND HOW REWARDS WILL TRIGGER MASS CREDIT ADOPTION

time to read

4 mins

December 01, 2025

Financial Express Kochi

All carriers update software on their A320-family planes

UNDER CONTROL

time to read

1 mins

December 01, 2025

Financial Express Kochi

Power transmission needs competition

India's progress on transmission will decide how fast renewables can scale. For it to succeed, every capable market participant should perform at peak efficiency

time to read

3 mins

December 01, 2025

Financial Express Kochi

Aluminium units hit by rising imports, weak exports

STRUGGLING WITH DECLINING exports and rising imports, the domestic aluminium manufacturing industry may put its proposed ₹2 lakh crore capacity expansion plan on the back burner, several industry executives said.

time to read

2 mins

December 01, 2025

Financial Express Kochi

ChatGPT becomes a smart shopping assistant

OPENAI, THE COMPANY behind ChatGPT, has introduced a new feature called ‘Shopping Research’ that helps users find the products they’re looking for by doing the research for them.

time to read

1 mins

December 01, 2025

Financial Express Kochi

Reduce exposure in small caps, shift to large caps

FIVE-YEAR DREAM RUN OF MID AND SMALL CAPS MAY BE ON ITS LAST LEGS

time to read

2 mins

December 01, 2025

Financial Express Kochi

The pension revolution is better for savers

ONE OFTHE first things I learned about retirement finance is that there are only three ways to increase income once you stop working: Save more; work longer; take more risk.

time to read

3 mins

December 01, 2025

Financial Express Kochi

'Will be debt-free in 2-3 yrs & funding our own capex'

Furniture rental firm Furlenco, backed by mattress giant Sheela Foam with a 44.6% stake, posted its first-ever profit of ₹3.1 crore on revenues of ₹240 crore in FY25.

time to read

2 mins

December 01, 2025

Financial Express Kochi

Small brands score big as FMCG giants pad up to take them on

Challenger brands are able to price their products below the generally accepted price points

time to read

2 mins

December 01, 2025

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