Trump sanctions impact: Reliance, India’s biggest importer of Russian oil, buys millions of barrels of crude from Middle East, US

​ RIL, which has been the largest importer of Russian oil by volume in this year, has bought millions of barrels of crude from the US and Middle East . (AI image)​ In what is being seen as a direct impact of Donald Trump’s sanctions on two major Russian oil firms, Reliance Industries Ltd (RIL) […]

Trump’s sanctions on Russian oil: How Reliance, Nayara Energy earnings will be hit – explained

Analysts are of the view that the latest round of Trump sanctions may hit earnings of these two oil refineries. (AI image) US President Donald Trump’s move to impose sanctions on two of Russia’s largest oil suppliers – Rosneft and Lukoil – spells bad news for India’s private sector refineries Reliance Industries (RIL) and Russia-backed […]

Sanctions on Russian oil: Top buyer Reliance planning to ‘recalibrate’ its crude sourcing, says report

As global sanctions, including the latest ones from the Trump administration against Moscow intensify, many Indian refiners are evaluating their Russian oil trade documents.Reliance Industries Ltd, top Indian buyer of Russian crude, is also in the process of “recalibrating” imports from Russia to remain consistent with government guidance.“Recalibration of Russian oil imports is ongoing and […]

Markets rally: Sensex, Nifty extend winning streak; Reliance, PSU banks lead gains

The Indian stock market ended in green on Monday, with benchmark indices extending their winning streak for the fourth consecutive day, buoyed by strong quarterly results from major lenders and a rebound in global risk appetite.The BSESensex settled at 84,363.37, rising 411.18 points or 0.49 per cent, while the NSE Nifty50 closed at 25,843.15, up […]

Stock market recap: M-cap of 7 of most valuable firms jumps by Rs 2.16 lakh cr; Reliance, Airtel lead the rally

Indian stock markets ended the week on a high, lifting the combined valuation of seven of the top 10 most valuable companies by over Rs 2.16 lakh crore. Reliance Industries and Bharti Airtel led the charge, reflecting a broadly optimistic trend in equities.The BSE benchmark jumped 1,451 points, or 1.75%, signalling investor confidence.Among the top […]

Radhika Merchant brings full-on desi glam for Reliance Diwali party in pink-gold Abu Jani Sandeep Khosla anarkali. Pics

Radhika Merchant attended the Reliance Diwali party on October 17. The choti bahu of the Ambani family wore a gorgeous pink and gold anarkali set for the festivities. Also Read | Golden outfits by Nita Ambani, Radhika Merchant, Ananya Panday, Janhvi Kapoor for Dhanteras 2025 fashion inspo Radhika Merchant looks magical in an Abu Jani […]

RIL Q2 FY26 results: Mukesh Ambani-led Reliance Industries reports consolidated net profit of Rs 18,165 crore; up 10% YoY

RIL recorded gross revenue of Rs 2.83 lakh crore, marking a 10% year-on-year increase. RIL Q2 FY 2025-26 results: Mukesh Ambani-led Reliance Industries Limited (RIL) on Friday reported a consolidated second-quarter net profit of Rs 18,165 crore. This is a 10% increase from Rs 16,563 crore in the previous year. The operational revenue reached Rs […]

Economy

India considers easing certain Chinese import curbs amid growing reliance, say sources

The Commerce Ministry and Niti Aayog are seeking measures including allowing anti-dumping duties to lapse on certain products, while considering tariff cuts on raw materials used in sectors such as leather and engineering goods | Photo Credit: SIVARAM V NEW DELHI, October 17 The trade ministry and a government think-tank are pushing to ease certain […]

Alternatives to Russia oil: India’s Reliance, Nayara ramp up supplies to Brazil, Turkey, UAE; plug in shortages as Russian refineries hit

The majority of Indian exports to Brazil and Turkey originated from Reliance, with Nayara providing a smaller portion. (AI image) With Russia’s oil refineries being damaged by Ukraine attacks, India’s oil companies are plugging in the resulting shortages in the global oil markets. India has moved to fill fuel supply gaps in Russia’s primary markets […]

‘Maruti moment’: India aims Rs 70,000 crore package for domestic shipbuilding; reduce reliance on foreign vessels

India is aiming for a “Maruti moment” in shipbuilding, seeking to replicate the success of Maruti Suzuki’s 1980s automobile revolution. The government announced a Rs 70,000-crore ($8 billion) package to revitalize domestic shipyards, boost India’s maritime ecosystem, and reduce the country’s heavy reliance on foreign vessels, which currently handle about 95% of its import-export trade. […]