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NEW DELHI: With West Asia-bound cargo ships stranded in India due to conflict in the region, shipping ministry on Friday directed all 12 major ports to consider requests for reduction, waiver or remission of charges, including for storage rent, reefer plugging and change of vessel.The ministry said ports may permit storage of cargo destined for…
The United States has said its decision to grant India a temporary waiver to purchase certain Russian oil supplies is a short-term move aimed at stabilising global crude prices amid supply disruptions linked to tensions in the Middle East.US energy secretary Chris Wright said the measure is intended to quickly bring oil stored in floating…
Indian refiners are currently paying a premium of $2 to $4 per barrel above Dated Brent for deliveries of Russia’s benchmark Urals crude. (AI image) In a quick and immediate fix to the Middle East oil supply shock, Indian refiners have begun purchasing readily available Russian crude oil. With ships and tankers currently not moving…
The US waiver allowing additional purchases of Russian crude over baseload offers short-term relief. (AI image) US-Israel-Iran war impact on India: The Donald Trump administration’s move ‘granting’ waiver to purchase Russian crude in lieu of the de facto closure of the Strait of Hormuz has important implications for India’s energy security. Around 90% of India’s…
Lok Sabha leader of opposition Rahul Gandhi on Friday slammed PM Narendra Modi-led government over its foreign policy in the backdrop of the recent waiver issued by the United States for India allowing New Delhi to buy Russian oil, alleging that it was the result of the “exploitation of a compromised individual.”Taking his criticism to…
NEW DELHI: Congress on Friday targeted the Centre after the United States announced that it would allow India to purchase Russian oil, asking how long this “American blackmail” would continue.In a post on X, Congress general secretary Jairam Ramesh said, “Trump ka naya khel, Dilli dost ko kaha, Putin se le sakte ho tel, kab…
File photo: Scott Bessent The United States has issued a temporary waiver allowing India to continue purchasing Russian oil, with Washington saying the move is aimed at stabilising global energy supplies during rising tensions in the Middle East.On Friday, US treasury secretary Scott Bessent announced the decision in a post on X, saying the Treasury…
When Indian travel vlogger Sachin Awasthi and his wife landed in South Korea’s Jeju Island expecting a great holiday, things did not turn out as they expected. The vlogger recently shared a post detailing the ordeal they faced while there. He alleges that they were denied entry, held overnight and eventually deported, an experience Awasthi…
The Union Budget’s excise duty waiver on biogas blended with compressed natural gas could unlock investments worth up to Rs 1 lakh crore, industry body Indian Biogas Association said on Sunday, highlighting a potential boost to India’s clean energy transition.The industry body said the Union Budget 2026 decision to waive excise duty on compressed biogas…
Starting from February 17, 2026, to facilitate cross border travel, China has decided to expand its visa waiver policy to holders of regular Canadian and British passports. The policy will allow qualified visitors from the two nations to enter China without a visa and remain for a maximum of 30 days for a variety of…
