Reliance Industries’ Jamnagar refinery in Gujarat received 27% of its oil from Russia in May, up from 5% in April, according to a report by the Guardian.

China and India have been stocking up on Russian oil, but their actions have undermined efforts by the US and Europe to impose sanctions that limit funds to the Kremlin while it wages war in Ukraine

Inflation at the retail level has remained above the central bank's tolerance band of 2-6% for five months in a row, even though it eased marginally in May

Setu, which enables users to securely share their financial data with banks and other financial institutions, is Pine Labs' third acquisition this year

The neighbours are also in talks for additional support, including a $500 million credit line for fuel and help with importing fertiliser and rice, officials said.

The Indian government said it would launch a probe into why a Tata Motors electric vehicle (EV) caught fire in a Mumbai suburb

Putin said Russia was discussing increasing the presence of Chinese cars on the Russian market as well as the opening of Indian supermarket Chains.

Sanctions that forced SWIFT to halt transactions with Russia are seriously hindering payments for oil and fertilizer imports, said a senior SBI executive.

The move by the Indian Register of Shipping is keeping state-owned Sovcomflot's tanker fleet afloat and ensuring it can continue exports to India of Russian oil

The country of 22 million people is struggling with its worst financial crisis in seven decades, unable to import essentials including food, fuel and medicines

New Delhi's current imports make up more than a quarter of Europe's imports of Russia crude and related products, the report said

India's Ministry of Corporate Affairs and the Mumbai Police have launched investigations into Alibaba Cloud (India) LLP, sources have told The Economic Times