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Indian Refineries Cut Back on Spot Tenders as Russian Oil Resumes Supply

Indian Refineries Cut Back on Spot Tenders as Russian Oil Resumes Supply

Indian Refineries Slashing Spot Tenders as Russian Oil Flows Back Indian refiners will issue fewer tenders for the purchase of crude oil on the spot market in the coming month as Russian supplies bounce back, Reuters has reported. Previously, Bharat Petroleum CFO revealed that middlemen who supply Russian oil stopped offering cargoes following U.S. sanctions […]

Drill, Baby, Drill: India Targets Oil Revenue Amid Trump’s ‘America First’ Push

Drill, Baby, Drill: India Targets Oil Revenue Amid Trump’s ‘America First’ Push

Drill, Baby, Drill: India eyes oil windfall as Trump pushes his ‘America First’ agenda India stands to gain from US President Donald Trump‘s push for increased oil and gas production under his “Drill, Baby, Drill” policy, according to a report by TOI’s Sanjay Dutta. The move aims to expand energy output, lower global prices, and […]

India Poised to Initiate New Oil and Gas Auction Rounds

India Poised to Initiate New Oil and Gas Auction Rounds

India Set to Launch New Oil and Gas Bid Rounds India plans to launch new oil and gas licensing rounds as early as this week, Oil Minister Hardeep Puri said on Monday, as the world’s third-largest crude oil importer looks to boost its domestic hydrocarbon supply. Puri also said that energy will likely be a […]

India’s Central Bank Governor Cautions Against AI ‘Opacity’ in Financial Sector

India’s Central Bank Governor Cautions Against AI ‘Opacity’ in Financial Sector

India Central Bank Head Warns of AI ‘Opacity’ in Finance The head of India’s central bank is warning about AI use in financial services. Reserve Bank of India Governor Shaktikanta Das said Monday (Oct. 14) that the increased usage of artificial intelligence (AI) and machine learning in the financial world can trigger stability risks, requiring proper risk […]

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