Crackdown on Russian oil exports a big setback for Reliance, shares dip

IANS | August 12, 2025 3:51 PM

New Delhi, Aug 12 (IANS) US President Donald Trump’s crackdown on Russian oil exports has come as a major blow to Mukesh Ambani-led Reliance Industries Ltd. (RIL), which was a major importer of the cheap crude for processing at its giant oil refinery in Jamnagar on the Gujarat coast.

Govt involved in discussions on India-US bilateral trade deal: Minister

IANS | August 12, 2025 2:23 PM

New Delhi, Aug 12 (IANS) The government is still involved in the discussions on the India-US Bilateral Trade Agreement (BTA) with Washington with the aim to expand trade and investment through tariff stability and long-term trade predictability, the Parliament was informed on Tuesday.