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India studying new US law on sanctions against Russian oil buyers: Piyush Goyal

India studying new US law on sanctions against Russian oil buyers: Piyush Goyal

by AIP Online Bureau | Sep 21, 2026 | Eco/Invest/Demography, Indian News, Policy

Piyush Goyal,Union Commerce and Industry Minister The new law clears the way for the US administration to impose tariffs of up to 100 per cent on countries that continue to buy Russian oil and gas. The measure could expose major buyers such as India and China to...
Hormuz shuttles keep oil flowing, but at a high cost

Hormuz shuttles keep oil flowing, but at a high cost

by AIP Online Bureau | Sep 21, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Ship-to-ship (STS) transfers have become a vital lifeline for Gulf producers as they adapt to the disruptions caused by the Iran war, now entering its seventh month. Once loaded, a tanker disconnects and heads for its destination, typically a refinery in Asia. The...
Soaring cost making some long-distance crude trades uneconomical

Soaring cost making some long-distance crude trades uneconomical

by AIP Online Bureau | Sep 21, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

But for oil traders, the risk is that shipping becoming prohibitively expensive. They’re concerned that the higher costs make it unprofitable for some refiners to turn crude into fuels, deterring them from buying cargoes that have to sail over long distances,...
Govt urges bank employees to refrain from strikes, resolve issues through dialogue

Govt urges bank employees to refrain from strikes, resolve issues through dialogue

by AIP Online Bureau | Sep 21, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

“Given that most concerns of the unions have been substantially addressed, that the remaining demand continues to be examined, and that the Government continues to proactively introduce welfare measures for the banking workforce, bank employees are urged to...
SC seeks Centre’s response on PIL for occupational safety for construction workers

SC seeks Centre’s response on PIL for occupational safety for construction workers

by AIP Online Bureau | Sep 21, 2026 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

The plea sought a direction to the Centre to declare standards on occupational safety and health for workplaces relating to building and other construction work under the 2020 code. New Delhi:The Supreme Court on Monday sought responses of the Centre and others on a...
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