Russia's Rosneft in early talks with Reliance to sell stake in India unit
The Hindu
Reliance in preliminary talks to acquire Nayara from Rosneft, aiming to become India's top oil refiner and fuel marketer.
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The U.S. has launched two investigations under Section 301 of the Trade Act of 1974 against India and other economies to examine practices that may be ‘unreasonable or discriminatory and burden or restrict U.S. commerce’. One probe examines whether countries, including India, are using excess manufacturing capacity to export to the U.S. in a manner that hurts American businesses, while another looks at whether countries have taken ‘sufficient steps’ to prohibit imports of goods produced with forced labour.












