Trump says Putin's ‘had enough', believes he wants to stop the war
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Time of India
3 hours ago
- Time of India
India's US crude oil imports surge over 50% in first half of 2025; LNG, LPG trade also expands: Report
AI-image India has significantly ramped up its crude oil imports from the United States during President Donald Trump's second term, marking a major shift in its energy sourcing strategy, according to official trade data, reported ANI- quoting sources. Imports of US crude rose over 50 per cent in the first half of 2025 compared to the same period last year. From January to June 25, India imported an average of 0.271 million barrels per day (mb/d), up from 0.18 mb/d during the same timeframe in 2024. The uptick has been especially sharp in recent months. Imports during the April-June 2025 quarter soared 114 per cent year-on-year, with the value rising from $1.73 billion in Q1 of FY24-25 to $3.7 billion in Q1 of FY25-26. 'So, in July 2025, India imported 23 per cent more crude oil from the US compared to June 2025. In India's overall crude imports, while the US share was only 3 per cent, it increased to 8 per cent in July. Furthermore, in the financial year (2025-2026), Indian companies would increase their crude oil import by 150 per cent,' the ANI sources said. The energy trade expansion is not limited to crude. Imports of liquefied natural gas (LNG) from the US nearly doubled — rising from $1.41 billion in FY2023-24 to $2.46 billion in FY2024-25. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo Liquefied petroleum gas (LPG) imports have also grown significantly. Negotiations are reportedly underway for a multi-billion dollar long-term LNG supply agreement. The growth in bilateral energy trade comes amid continued affirmations of strong diplomatic ties between the two nations. Ministry of External Affairs on Friday, reiterated its confidence in the strength of the Indo-US partnership. 'India and the United States share a comprehensive global strategic partnership anchored in shared interests, democratic values, and robust people-to-people ties. This partnership has weathered several transitions and challenges. We remain focused on the substantive agenda that our two countries have committed to and are confident that the relationship will continue to move forward,' MEA spokesperson Randhir Jaiswal said at a scheduled press conference. However, this trade relation faced a setback when Trump announced 25 per cent tariffs on India. He said that India would face a 25 per cent tariff, "plus a penalty for the above, starting on August 1"; later changed to August 7. The White House justified the move by citing India's 'obnoxious non-monetary trade barriers,' persistent trade imbalances, and strong energy and defence ties with Russia. In another remark posted on Truth Social, Trump said, "I don't care what India does with Russia. They can take their dead economies down together, for all I care. We have done very little business with India, their Tariffs are too high, among the highest in the World. Likewise, Russia and the USA do almost no business together. Let's keep it that way..." Also read: India continuing to buy oil from Russia- Report rebuts Donald Trump's 'good steps' claim Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Time of India
a day ago
- Time of India
Harsh Goenka to Sabeer Bhatia: India doesn't need sermons from those who packed up and left. We love this country and ...
A sharp exchange unfolded between Hotmail co-founder Sabeer Bhatia and billionaire Harsh Goenka recently over the use of the term 'anti-national'. On July 31, 2025, Sabeer Bhatia shared a post criticizing the labeling of truth-telling as "anti-national" in India. 'Say India is unsafe for women - you're anti-national . Question inflated economic numbers - you're anti-national. Call out elected leaders' lies - you're anti-national. Mention lost aircraft - you're anti-national. So if truth = anti-national… then who's a national? The one who lies to you?,' Bhatia wrote in an X post. Now, Harsha Goenka has responded sharply to Bhatia's post, saying 'India doesn't need sermons from those who packed up and left,' questioning his right to comment from abroad. 'Living in California and lecturing a billion Indians back home? We live here. We vote, work, pay taxes. We love this country- and we'll fix what's broken. India doesn't need sermons from those who packed up and left,' Goenka replied to Sabeer Bhatia. Bhatia has, in recent months, stirred debates on social media with his post criticizing India, including the country's education system and it's economic growth. In a post dated June 10, Sabeer Bhatia wrote on X: "Instead of hanging your head in shame that 415 million people in India survive on $3.10/day [approx. Rs 265/day], you brag about being the world's 4th largest economy. Shame on you." In an NNP podcast interview earlier this year, Bhatia said that instead of creating original thinkers, India is producing an "army of useless kids" who only know how to follow orders. 'We live in a conformist society—people are often told, 'Listen to others, do what they say',' Bhatia then said, further adding 'But why follow a path that's already been walked?'. During the interview, Bhatia said that the Indian education system is wired to produce workers who take 'orders' instead of creating 'visionaries' with the ability to disrupt systems. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hans India
a day ago
- Hans India
Here is all about CM Revanth Reddy's ‘Young India' mission inspired from Gandhi
At a state-of-the-art skilling facility South of Hyderabad, picture a bunch of fresh engineering graduates learning the nuances of autotronics from seasoned engineers of Mahindra Group. Imagine a group of newly graduated nurses completing a 3-month finishing-skills course offered by the best of professionals from Apollo Hospitals. At the end of the course, Mahindra and Apollo would pick them all and glowing careers would follow. Would you believe, all of this is being made possible from a government-established institute called the Young India Skills University (YISU) in Telangana. According to the former journalist P Anvesh Reddy, Job-readiness, or the lack of it, among fresh graduates, is at the core of the idea behind the Revanth Reddy-led Government of Telangana's launch of YISU in August 2024. Behind the thought of YISU is the Telangana Chief Minister's decision to echo Mahatma Gandhi's views on the inherent value of college degrees. Over a century ago, Mahatma Gandhi in his weekly journal Young India, wrote, "An academic grasp without practice behind it is like an embalmed corpse, perhaps lovely to look at but nothing to inspire or ennoble." Indian politicians rarely speak about having an under-skilled young population. Revanth Reddy acknowledged the elephant in the room. Sadly, for as large a population as India's, Gandhi's words still hold true as an overwhelming section of today's graduates do not possess industry-standard skills. Gandhi's idea of 'Young India' reflects "the voice of India" and hence, the underlying problem of education in India -- 'academic grasp without practice' – needs to be addressed. More so in an AI-era. Revanth Reddy, who swore-in as Telangana's Chief Minister in December 2023, was quick to sense this. Within months, he pooled in industrialists of the likes of Anand Mahindra of Mahindra Group, Sanjeev Bikhchandani of Info Edge, and Suchitra Ella of Bharat Biotech, to bejewel YISU's Board of Governors. Anand Mahindra was appointed as the chairman of YISU. He had even agreed to adopt the University's automotive department. The Chief Minister appealed to the industrialists to become partners in YISU. A permanent campus for YISU is being built in the upcoming Bharat Future City, an ambitious net zero city project touted to become the next growth engine for Hyderabad. Brand 'Young India' The Skills University was named with the iconic prefix 'Young India'. The idea is not just to do poetic justice. The idea is to do real justice to the young Indians, by matching their skillsets with market needs through a self-reliant institution -- with zero government intervention. YISU's success would naturally trigger replication elsewhere in India. In the 1980s, Telangana's (erstwhile Andhra Pradesh) reforms in education were replicated as a model for India, especially with the launch of the Indira Gandhi National Open University (IGNOU). India's first Open University, the Dr. B.R. Ambedkar Open University, Hyderabad, pioneered distance education with print, radio, and study centres. Its success proved the feasibility and impact of open learning in India. IGNOU went on to become the world's largest university in terms of student enrolment. Since Bhavanam Venkatarami Reddy in 1982, Revanth Reddy is the first Chief Minister in united Andhra Pradesh's history to serve as the State's full-time education minister. He has plans for revolutionary educational reforms. This is an exception not just in Telangana or Andhra Pradesh, but also in Indian politics of recent past. Telangana is building ultra-modern social welfare residential schools called Young India Integrated Residential Schools in all the 119 Assembly constituencies, with Rs 200 crore allocated for each school campus. Also, the Young India Police School was launched exclusively for the children of police personnel, while the Young India Sports University is being set up with a vision to produce future Olympians. While India could likely become the world's third largest economy in the coming years, unemployment continues to be a burning issue. And Gandhi's idea of 'Young India' could take today's young Indians a long way in such pursuit.
