Trump’s sanctions on Russian oil firms: Will India’s state-run refiners continue imports? Why experts see limited impact

India’s state-run oil refiners are expected to continue importing Russian crude through intermediary traders despite fresh US sanctions on Rosneft PJSC and Lukoil PJSC, two of Russia’s largest oil companies, industry sources told PTI. The sanctions target firms accused of helping fund the Kremlin’s “war machine” in Ukraine.The sanctions, announced this week, cover companies that…

Read More

How OnlyFans beat Nvidia and Apple to become the world’s most revenue-efficient company | Business

OnlyFans has officially outpaced global tech titans to claim the title of the world’s most revenue-efficient company, according to data from financial and marketing analytics firm Barchart. The UK-based content subscription platform, best known for enabling creators from fitness trainers and musicians to adult performers to monetise exclusive content directly from fans, generates an astonishing…

Read More

UK updates immigration and university fee policies: Expedited visa, sponsorship costs rise – see details

The United Kingdom has announced fresh hikes for in-country expedited immigration services, effective October 21, Tuesday, continuing a trend of significant hikes over the past two years.Expedited processing of sponsorship management requests for worker, temporary worker, or student sponsors now costs GBP 350, up 75% from GBP 200. Meanwhile, priority service for sponsor licence applications…

Read More

More sanctions for Russia! After US, EU announces penalties for Russian oil; efforts to push Putin into peace talks

After United States, the European Union has also imposed sanctions on Russia, targeting the country’s oil industry in efforts to intensify international efforts to block the funds that Moscow depends on to sustain its invasion of Ukraine.Earlier on Wednesday, US President Donald Trump had announced sanctions on Russian oil firms.Ukrainian President Volodymyr Zelenskyy welcomed the…

Read More

Low costs, tech focused & more: How can Indian exports stay competitive? Explained

The global economy is slowing down and trade dynamics are undergoing a change.At a time like this, India needs to evaluate its export strategies, with focus on long-term competitiveness through technology, cost efficiency, and domestic production, Ajay Srivastava, founder of the Global Trade Research Initiative (GTRI) explainedSpeaking to ANI, Srivastava said, “The focus should be…

Read More

‘Strong immunity to Western restrictions’: Russia hits out as Trump’s sanctions its oil firms; ‘step entirely counterproductive’

Russia said that recent US sanctions targeting its oil sector could potentially undermine diplomatic initiatives. (AI image) Russia has slammed Donald Trump administration’s sanctions on its oil firms saying that the move undermines efforts for peace, adding that it is immune to any such restrictions.Russia said that recent US sanctions targeting its oil sector could…

Read More

No oil from Russia soon? Trump sanctions to hit India’s crude imports; ‘all but impossible for flows to continue’

Indian refiners anticipate a significant decline in Russian oil imports, potentially even reaching zero. (AI image) The Donald Trump administration’s latest move to sanction major Russian oil firms Rosneft PJSC and Lukoil PJSC will likely make it almost impossible for India to continue procuring crude from Russia. Analytics firm Kpler reports that Russian oil made…

Read More

More curbs on China? Trump admin mulls restrictions on ‘any and all critical software’: Report

Trade tensions between Washington and Beijing might rise further as the US is planning its next move against China, after the 155% tariff threat.The Trump admin is reportedly preparing a response to China’s recent rare earth export restrictions by limiting shipments of US software-powered products to Beijing, a US official told Reuters. The proposed measures…

Read More