India will chair the Kimberley Process in 2026, a crucial role as the body debates expanding 'conflict diamond' definitions. This comes amid sanctions on Russian gems and India's dominance in diamond polishing.
The US Treasury Department intensifies pressure on Venezuela's Nicolas Maduro, sanctioning 3 family members & associates for corruption. Read the full details and implications here.
Discover how Ricky Vasandani turned a supply chain crisis into a global opportunity, building Solitario into a leading Made-in-India lab-grown diamond brand with over 100 points of sale worldwide.
The US has granted a temporary exemption for Lukoil-branded fuel stations outside Russia until April 2026. This move comes as Indian refiners cut purchases of sanctioned Russian crude, with imports expected to plummet.
Indian diamond manufacturers plan to use Belgium's relaxed work permit rules to process gems in Antwerp, bypassing high US tariffs and competing with lab-grown diamonds. Read more.
US imposes sanctions on TR6 Petro India and other entities for trading Iranian oil, citing terror funding concerns. Full details on the crackdown.
New US sanctions on Russian oil firms leave 48 million barrels stranded at sea, forcing Asian buyers like India to seek urgent alternatives. Discover the market impact.
Reliance Industries stops importing Russian crude for its export-focused refinery to comply with EU ban on Russian-origin petroleum products. RIL accounts for half of India's Russian oil imports.
US, UK and Australia impose sanctions on Russia-based Media Land for allegedly enabling ransomware operations. Learn how this impacts global cybersecurity threats.
Russian oil discounts surge to $5-6 per barrel as buyers avoid sanctioned firms Rosneft & Lukoil. Indian refiners shift to unsanctioned suppliers amid expected supply disruptions.
Donald Trump announces Republicans are preparing legislation to sanction nations conducting business with Russia. Learn how this could impact global trade dynamics and India's strategic position.
US tells Serbia it won't lift sanctions on NIS oil company unless Belgrade ensures complete Russian withdrawal. Serbia faces energy crisis with February 13 deadline looming.
Explore India's diamond industry transformation as natural diamonds face lab-grown competition. Discover price trends, environmental impacts, and market dynamics shaping India's sparkling trade.
Britain plans new sanctions targeting shipping insurers facilitating Russian oil exports, closing loopholes in existing price cap measures. Learn how this affects global energy markets.
The US imposes sanctions on 32 entities from India and other countries for alleged ties to Iran's weapons program. Learn about the implications for international trade.
The United States imposes sanctions on 32 entities across 8 countries including India for supporting Iran's missile and UAV programs. Learn about the global implications.
Two men attempted to sell lab-grown diamonds as natural stones worth lakhs in Mangaluru. Police investigation reveals shocking price difference. Read full details.
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
The United States imposes sweeping sanctions targeting North Korea's illicit financial operations. Discover the individuals and entities involved in money laundering schemes supporting Pyongyang's prohibited programs.
India's Russian oil imports dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
The United States has formally requested United Nations sanctions against seven vessels allegedly involved in illicit North Korean exports, escalating pressure on Pyongyang's sanction-evasion tactics.
Senior Russian official Dmitry Medvedev threatens 'brutal retaliation' against European Union if frozen Russian assets are confiscated, escalating economic warfare tensions.
Indian Oil Corporation confirms uninterrupted Russian oil purchases from non-sanctioned entities despite Trump's pressure, prioritizing national energy security and economic interests.
India's largest oil company continues Russian crude purchases through non-sanctioned traders, navigating Western pressure while securing energy needs.
India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.
As Trump's proposed sanctions threaten global oil flows, India and China face critical energy decisions. Discover why complete Russian oil withdrawal remains unlikely despite political pressure.
India initiates comprehensive assessment of US sanctions targeting Russian oil companies, evaluating potential impacts on energy supplies and economic partnerships.
India responds to US sanctions on Russian oil firms, defends energy imports as crucial for national interest. Trump praises India's strategic positioning.
Former US President Donald Trump raises concerns about India purchasing Russian oil while avoiding criticism of China's energy imports from Russia during recent comments.