In Q1, the average US tariff rate was 2.4 per cent, rising to 10 per cent in June with further increments to come. Read more ...

By bno - Kolkata Office India will continue purchasing oil from Russia despite threats of penalties from US President Donald ...

There has been no official indication yet if India will stop buying oil from Russia. However, Indian government sources said that India will keep purchasing oil from Russia, and there would be no ...

The influx of discounted Russian crude also enabled India to refine the oil and export petroleum products, including to ...

India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting ...

TRQ is a quota for a volume of exports that enters the European Union (EU) with relatively low tariffs. After the quota ...

President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to ...

All of Europe’s carmakers have reported losing millions in profit because of the tariffs, and say they’re not hopeful of ...

Numerous countries around the world are facing the prospect of new tariffs on their exports to the United States on Aug. 7, a ...

President Donald Trump’s latest tariff moves drew worries from Wall Street as stocks slumped Friday and Treasury yields fell ...

India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude. With EU sanctions also tightening, refiners like Reliance and Nayara could lose margins, ...

India’s annual crude oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude ...