India

India in talks to increase Russian oil imports

As international players refuse to engage with Moscow over its invasion of Ukraine, India is aiming to increase its Russian oil imports, with state-owned refiners willing to absorb more steeply discounted supplies from Rosneft PJSC. According to persons familiar with the firms’ procurement intentions, state processors are working together to finalise and secure fresh six-month […]

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India

India to have its own SpaceX in the next 2 years- says Principal Scientific Advisor

The government will soon publish a new space strategy aimed at increasing private engagement, according to Principal Scientific Advisor Ajay Kumar Sood, which might lead to the creation of own “SpaceX-like companies” for India. The government’s chief scientific advisor stated in an interview that consultations had taken place and that the final text of the […]

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India

India has no immediate plan to lift the wheat export ban- Union Minister of Commerce and Industry Piyush Goyal

India has no imminent intentions to remove its wheat export ban but will continue to do business directly with other nations, according to Commerce Minister Piyush Goyal. After a blistering heatwave hampered output and local prices reached a record high, the world’s second-largest producer of wheat banned private international sales of the crop on May […]

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