Provisional data from India's Commerce Ministry showed that trade between the two countries rose by 7.65% in the 2022-2023 fiscal year to $128.55 billion

India last year implemented a broader framework to facilitate overseas trade in rupees through vostro accounts

The prosecutor said HSBC disbursed $111.7 million in March 2020 to Hin Leong as payment for two 'fabricated' oil sales contracts the trading firm purported to have made

An 11.5% power generation jump drove a sharp surge in emissions by the world's third largest greenhouse gas-emitter as output from both coal-fired and renewable plants hit records

Russia's central bank has been calling for companies and citizens to move assets into rouble or 'friendly' currencies to avoid the risk of them being blocked or frozen amid sanctions over war in Ukraine

Petronas will proceed with a project in Kasawari gasfield off Borneo Island as it is in local waters, but Malaysia "is open to negotiations" with China, new PM said

Deals above the $60-a-barrel cap were allowed by the US, as Japan relied heavily on energy imports; they were "relatively small" and came mainly from the Sakhalin-2 project

China's long-term battle to reduce the dollar's dominance in world trade took two steps forward this week, with the first LNG trade in yuan, plus Brazil agreeing to trade via local currencies

Analysts fear China's renewable power generators may have to shoulder the costs of keeping under-utilised and loss-making coal power plants humming

Analysts say original target was China importing 38 bcm of Russia gas by 2025 – that has now jumped to 98 bcm by 2030

In an article published at the beginning of his Moscow trip, Xi said the two countries adhered to the concept of "eternal friendship and mutually beneficial cooperation"

Many Russian banks have been blocked from the SWIFT network due to Western sanctions over Moscow's invasion of Ukraine