
Marco Rubio visited Reliance’s Jamnagar refinery, Vantara and green-energy complex as the US pushes deeper energy cooperation with India

Marco Rubio visited Reliance’s Jamnagar refinery, Vantara and green-energy complex as the US pushes deeper energy cooperation with India

KENT RO has entered the home energy market with lithium batteries and solar hybrid inverters, backed by a ₹250 crore Noida plant with capacity planned to rise to 10 GWh.

Marco Rubio’s India visit is focused on finalising the India-US trade deal while addressing energy security and Russian oil purchases.

Marco Rubio has begun a two-day India visit focused on finalising the India-US trade deal and discussions over Russian oil purchases.

india is expected to maintain Russian crude imports near current levels after the US waived sanctions and tariffs targeting major buyers of Russian energy.

Trump’s Russia-related sanctions waiver has eased immediate risks for Indian exporters and helped preserve access to competitively priced Russian crude.

India has raised the windfall tax on petrol exports to ₹2.5 per litre while cutting the diesel export duty to ₹8.5 per litre, effective October 16.

Tata Power has urged West Bengal to add a state-level rooftop solar subsidy and is exploring around ₹2,500 crore of solar investments in the state.

Oil prices fell more than 1% as investors weighed improving supply from Russia and the Middle East against continuing geopolitical and shipping risks.

India’s trade deficit with China widened to $105.93 billion in the first nine months of 2026 despite a 40.7% rise in Indian exports.
India Business & Trade is a national media platform decoding the ideas, decisions and shifts shaping India’s growth story—across plicy, business, global commerce and a rapidly evolving marketplace.
India Business & Trade
M-62, Saket, New Delhi-110064, India
Stay ahead in the dynamic world of trade and commerce with India Business & Trade’s weekly newsletter.
Copyright © 2026 India Business & Trade. All Rights Reserved