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.

Nifty, Sensex slip marginally amid fresh US tariff concerns

IANS | August 7, 2025 9:46 AM

Mumbai, Aug 7 (IANS) Domestic benchmark indices fell marginally on Thursday, weighed down by weakness in automobile, metal, and oil stocks. The latest threat of 50 per cent US tariffs on select Indian goods impacted the market amid mixed global cues.