Indian Oil Corporation steps up purchases of US oil

IANS | August 15, 2025 4:24 PM

New Delhi, Aug 15 (IANS) India has increased purchases of oil from the US, with Indian Oil Corporation, the country’s largest oil company, placing orders of around 2 million barrels of oil in August for October delivery.

Chinese smugglers wreak havoc in Sri Lanka’s gem industry

IANS | August 15, 2025 4:23 PM

New Delhi, Aug 15 (IANS) Chinese involvement in Sri Lanka’s gemstone industry is causing significant revenue losses to the island nation's crisis-ridden economy and impacting local businesses, according to an article in The Financial Post.

Upcoming GST reforms a huge impetus to industry: Experts

IANS | August 15, 2025 4:12 PM

New Delhi, Aug 15 (IANS) Industry experts on Friday lauded Prime Minister Narendra Modi's Independence Day announcements on bringing next-generation reforms in Goods and Services Tax (GST) regime which would be unveiled by Diwali.