Delhi and Moscow are deepening their energy cooperation, with both sides agreeing to prepare for Russia to resume direct sales of LNG for the first time since the start of the Ukraine war
The ministry has also urged companies to shift factory operations from oil-based fuels to electricity and to use recycled aluminium or alternative materials as shortages and costs rise
Brent futures fell 84 cents, or 0.8 per cent, to $107.17 per barrel as of 0353 GMT, while US West Texas Intermediate futures lost $1.02, or 1.1 per cent, to $93.46 per barrel
The talks are expected to begin next month at a global steel summit, described by the Indian government as the country's largest international conference-cum-exhibition
Most economists said the RBI is unlikely to deviate from the neutral stance it has maintained since June given the uncertainty around how long the conflict will persist
Brent futures fell 90 cents, or 0.8 per cent, to $107.11 per barrel as of 0024 GMT, while US West Texas Intermediate futures lost 83 cents, or 0.88 per cent, to $93.65 per barrel
The weapons that could be redirected include air defense interceptor missiles purchased through a NATO initiative launched last year, under which partner countries buy US arms for Kyiv
In his resignation letter, Chakraborty cited "certain happenings and practices within the bank" that he said were "not in congruence" with his personal values and ethics
India is crucial for Alphabet's Google since most smartphones in the country run on its Android operating system, even as Apple's share is growing steadily
The attack, just outside Turkish territorial waters, likely aimed to disable the engine room in the Sierra Leone-flagged vessel that was carrying Russian oil
Overall imports are likely to reach 12 million to 14 million metric tons in 2025-26, more than doubling from a year earlier, analysts and trade officials said
 "Reuters")
