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28.01.26 - 00:48
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Russian Crude May Fall: India′s Petroleum Minister (Bloomberg)
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India's Oil Minister of Petroleum and Natural Gas Hardeep Singh Puri says he believes Canada has the potential to become one of India's major energy suppliers. The minister also notes that India's imports of Russian crude could continue to decline as the world's third largest oil consumer broadens its supplier base. He speaks to Bloomberg's Menaka Doshi on the sidelines of India Energy Week in Goa. (Source: Bloomberg)...
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27.01.26 - 21:27
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EU, India Sign ′Mother Of All Deals′ Free Trade Agreement In Rebuff To Trump: What′s In It (ZeroHedge)
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EU, India Sign 'Mother Of All Deals' Free Trade Agreement In Rebuff To Trump: What's In It
The newly signed India-European Union free trade agreement is being hailed as "the mother of all deals" - as it follows nearly two decades of intermittent negotiations, also after President Trump slapped India with 50% tariffs last year in part for continuing to buy Russian oil, and as Washington pressures Europe and Denmark particularly over Greenland.
The deal is expected to double EU goods exports to India by 2032, by eliminating or at least sharply reducing tariffs on 96.6% of the value of EU exports. "This agreement will bring major opportunities for the people of India and Europe," Prime Minister Narendra Modi said Tuesday. And European Commission President President Ursula von der Leyen, who was in New Delhi on Monday as an honorary guest for India's Republic Day and its annual military parade, said that "Europe and India are making history today."
via X/Von...
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