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India on Wednesday asserted that its energy purchases from Russia remain 'minuscule' in comparison to its total consumption and that legitimate energy transactions cannot be politicised as energy export from Russia are yet to be sanctioned.…

IMAGE: Plastic letters arranged to read 'Sanctions are placed in front the UEFA logo and Russian flag colours in this illustration. Photograph: Dado Ruvic/Illustration/Reuters Russia's national soccer team and the country's club sides have…

The government is likely to hold 5G spectrum auction in early June, telecom minister Ashwini Vaishnaw said on Thursday. Photograph: Dado Ruvic/Reuters The minister said that the Department of Telecom is working as per expected timeline and…

In the steepest weekly fall ever, India's forex reserves slid by $11.17 billion to $606.47 billion as the currency came under pressure due to geopolitical developments, according to the Reserve Bank data released on Friday. Photograph:…

Continuing their selling spree for the sixth consecutive month, foreign investors pulled out a massive Rs 41,000 crore from the Indian equity market in March on anticipation of rate hikes by the US Federal Reserve and deteriorating…

Located in a small township in the eastern part of Bengaluru is IBM’s new Security Command Centre, which is surrounded by offices of multinational tech companies. Photograph: Dado Ruvic/Reuters This unit is the centrepiece of IBM’s…

Taking advantage of a Russian offer to sell its crude oil cheap and bear the cost of insurance and transportation, India may import as much as 2 million tonnes (mt), or roughly 15 million barrels of crude, from the sanctioned nation in…

Reserve Bank Governor Shaktikanta Das on Monday said with the country's foreign exchange reserves at $677 billion, it is comfortably placed to deal with any spillover effects and for financing of the current account deficit. Photograph:…

India's oil demand is projected to jump 8.2 per cent to 5.15 million barrels per day in 2022 as the economy continues to rebound from the devastation caused by the pandemic. Photograph: Dado Ruvic/Reuters The Organization of Petroleum…

IMAGE: FIFA and UEFA had decided together that all Russian teams, whether national or club sides, be suspended from participation in FIFA and UEFA competitions until further notice after Moscow's invasion of Ukraine. Photograph: Dado…