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Q3 earnings: Cyclicals drive show amid margin boost; consumer staples in hot water

A key trend in Q3 was the K-shaped recovery in the economy – robust demand in urban markets but continuing sluggishness in rural India.

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India and Russia in talks over long-term oil deals Bloomberg

India and Russia in talks over long-term oil deals Bloomberg
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Russian oil: India s state oil refiners in talks with Rosneft to secure Russian crude for long term

Indian state oil refiners, Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp, are in discussions with Rosneft Oil Co PJSC for long-term supplies of Russian crude. The refiners aim to secure about 500,000 barrels per day of Russian crude supplies to diversify their sources.

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India s State Oil Refiners In Talks With Rosneft Over Term Deals

India s State Oil Refiners In Talks With Rosneft Over Term Deals
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Indian State Refiners Discuss Term Oil Supply Deals With Russia s Rosneft

India’s state refiners are negotiating crude oil deliveries from Russia’s Rosneft for about 500,000 barrels per day.

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