Will India resume buying Iranian oil? Refiners eye crude return as US grants waiver

As the US temporarily eases sanctions on Iranian oil imports, Indian refiners are eyeing a resumption of crude purchases from Tehran.According to Reuters, several Indian refining companies are awaiting government direction and clarification from Washington on payment terms before finalising shipments. Watch HUGE VICTORY For Iran? U.S. Forced To Lift Oil Sanctions Under Global Pressure;…

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FPI profile: Foreign portfolio investors remain net sellers; withdrew Rs 35,475 crore from Dalal Street this week

Foreign portfolio investors continued to withdraw from Dalal Street this week, with net outflows amounting to Rs 35,475 crore, as Middle East tensions caused ripples across global markets and weakened investor sentiments. The persistent outflows indicate that foreign investors are adopting a more cautious stance amid an uncertain global environment, with elevated crude oil prices…

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The door India left ajar: Economic ties with China see a calibrated reset with easing of FDI rules – explained

NEW DELHI: Nearly six years after India tightened scrutiny of foreign direct investment from countries sharing land borders, the government has initiated a recalibration of the framework governing such investments, allowing minority ownership structures routed through overseas entities to access the automatic route while retaining approval requirements for direct investments from neighbouring jurisdictions.The Union Cabinet…

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Securing LPG, LNG, crude oil: India plans evacuation for ships near Strait of Hormuz – here’s what’s being considered

India is preparing a contingency plan to evacuate its ships currently stuck in the Persian Gulf. (AI image) Looking to secure crucial energy supplies amidst the Middle East crisis and US-Iran war, India is readying a plan to get ships safely through the Strait of Hormuz. India is preparing a contingency plan to evacuate its…

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India Electricity Supply: ‘Not going to affect us’: India sees no major power supply risk from Middle East crisis, government says

India does not expect the ongoing Middle East conflict to significantly disrupt its ability to meet peak summer electricity demand, with the government banking on coal, renewables and battery storage to offset any stress from gas supply disruptions.Speaking on the sidelines of the Bharat Electricity Summit 2026, power secretary Pankaj Agarwal said the country’s electricity…

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