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India faces $9–11 billion oil bill spike: Forced pivot from Russian crude after Trump's 'penalty' could hit margins- What analysts say

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Amidst potential US penalties and EU sanctions, India faces a complex challenge in its Russian oil trade. A shift away from discounted Russian crude could inflate India's import bill by billions, impacting refiners and potentially destabilizing retail fuel prices. Despite claims, India continues to procure Russian oil, balancing economic factors with international norms. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/7gaFBCU
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India’s US crude oil imports surge over 50% in first half of 2025; LNG, LPG trade also expands: Report

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India significantly increased crude oil imports from the US in early 2025, with a surge in the April-June quarter. This growth extends to LNG and LPG, supported by strong diplomatic ties. However, this trade relationship faces challenges as President Trump announced tariffs on India, citing trade imbalances and ties with Russia. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xGsF0MJ
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For uninsured vehicles, road minister moots steep hike in penalties

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from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/5OeUDy8
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Amid Trump tariff threat, PM pledges to protect farmers, MSMEs & youth

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Prime Minister Modi, addressing his constituency, emphasized prioritizing farmers' welfare, small industries, and youth employment amid global economic instability. He urged citizens to embrace 'swadeshi' products and support local businesses, highlighting India's economic resilience and commitment to its interests. Modi also transferred Rs 20,500 crore to farmers under the PM-KISAN scheme, reaffirming his government's dedication to agriculture. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/cukOhS4
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ICICI's UPI fee to pinch fintechs

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from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/WBCHq5h
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Street vendor push: Loan hike, credit cards okayed

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from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/CxAGqR9
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All food business operators must display licence: FSSAI

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from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/jQMnKbz
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