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Anand Adhikari
New Delhi, August 1, 2018
There are five reasons why inflation will remain a big concern for the RBI in its third bi-monthly money policy to be released today.


Reuters
July 29, 2018
Washington decided to reimpose sanctions on Iran upon its withdrawal from a 2015 deal between world powers and Tehran in May, and has told countries they must halt all imports of Iranian oil from November 4 or face US financial measures.


Karan Dhar
July 27, 2018
Mehul Choksi is not the only Indian fugitive diamantaire who has found refuge in the Caribbean.


Anand Adhikari
New Delhi, August 14, 2018
There are already fears of trade wars escalating to currency wars among countries.


Reuters
July 24, 2018
India, Iran's top oil client after China, shipped in 5.67 million tonnes or about 457,000 barrels per day of oil from the country in the first three months of this fiscal year.


BusinessToday.In
New Delhi, July 18, 2018
India may not invite punitive sanctions from the US for its oil dealings with Iran and defence deals with Russia; Directorate General of Trade Remedies has recommended 25% safeguard duty on imported solar cells for 2 years and the trade war between US and China could go up to penal import tariffs on up to $500 billion worth of goods. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
July 14, 2018
The trade deficit in June 2018 is the highest since November 2014 when the gap was USD 16.86 billion. The deficit in June 2017 stood at USD 12.96 billion.


BusinessToday.In
July 13, 2018
A Donald Trump visit on Republic Day may well be tom-tommed by the government as India's biggest foreign policy coup in the run up to general elections next year.


BusinessToday.In
July 12, 2018
Though India is yet to make its stand on Iran oil official, Indian refiners have reportedly already started cutting down on imports.


BusinessToday.in
New Delhi, July 10, 2018
Eighteen companies have raised over Rs 23,000 crore via IPOs in the first half of this calendar so far; US has asked India to reduce its oil imports from Iran from 27 million tonne last year to nil by November 4; the substantial increase in MSP announced on Kharif crops were meant to prepare the grounds for the government in the run-up to general elections 2019. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, July 5, 2018
The OPEC nations that comprised 15-member countries and Non-OPECnations, led by Russia, have been withholding oil production to boost the prices. The US plan to reintroduce oil exporting sanctions against Iran from November has also given rise to crude oil prices.


BusinessToday.In
New Delhi, July 5, 2018
The three state-owned fuel retailers, IOC, Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) had not revised petrol and diesel prices since June 26 before which it was on a steady decline.


BusinessToday.In
July 3, 2018
India imported 771,000 barrels of crude oil a day from Iran in May, a 35 per cent increase from the previous month.


Reuters
June 28, 2018
India's oil ministry has asked refiners to prepare for a 'drastic reduction or zero' imports of Iranian oil from November, two industry sources said, the first sign that New Delhi is responding to a push by the United States to cut trade ties with Iran.


BusinessToday.In
New Delhi, June 28, 2018
The format the 2+2 Dialogue had been agreed upon when Prime Minister Narendra Modi met US President Donald Trump for the first time in the White House last June.


BusinessToday.In
June 27, 2018
The rupee today depreciated by 30 paise in early trade on strong month-end dollar demand from importers and banks amid sustained foreign capital outflows.


PTI
New Delhi, June 27, 2018
India's position has generally been that it will only enforce sanctions authorised by UN Security Council resolutions, rendering it likely that India will resist US efforts to compel it to comply with reimposed US sanctions such as those that mandate cuts in oil purchases from Iran, said the CRS report.


BusinessToday.In
June 19, 2018
The upcoming OPEC/non-OPEC Joint Ministerial Monitoring Committee meeting in Vienna on June 22 will play a major role in determining the trajectory of fuel prices here on.


Reuters
June 15, 2018
The move by the state-controlled bank, India's biggest, comes after U.S. President Donald Trump pulled out of an international nuclear deal with Iran last month, pledging to reimpose tough sanctions within 180 days.


PTI
June 15, 2018
The move is likely to attract retaliatory action by China.


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