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US sanctions force vessels with Russian oil to divert from India, sources say

NEW DELHI/MOSCOW, Aug 1 (Reuters) – At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new U.S. sanctions, trade sources said, and LSEG trade flows showed. The U.S. Treasury Department this week imposed sanctions on more than 115 Iran-linked individuals, entities, and ships, some of which are involved in transporting Russian oil. U.S. President Donald Trump has urged countries to halt purchases of oil from Moscow, threatening 100% tariffs unless Russia agrees to a significant peace deal with Ukraine. Three ships – the Aframaxes Tagor and Guanyin and the Suezmax

Decline in total number of registered voters in Bihar by around 65 lakh: Draft SIR

Patna, Aug 1 (PTI) More than 65 lakh enumeration forms were ‘not included’ in the draft electoral rolls prepared as part of ‘Special Intensive Revision’ (SIR) by the Election Commission in poll-bound Bihar, bringing down the total number of around 7.9 crore registered voters to 7.24 crore. Patna accounted for the highest number of 3.95 lakh non-included enumeration forms, followed by Madhubani with 3.52 lakh, East Champaran with 3.16 lakh, and Gopalganj with 3.10 lakh, according to the EC. Before the start of the SIR, the number of registered voters in the state had been stated to be around 7.9

Trump tariff to impact about half of USD 86 bn Indian exports to US

New Delhi, Aug 1 (PTI) The imposition of a 25 per cent US tariff will impact about half of India’s over USD 86 billion worth of exports to America, government sources said on Friday. The sectors which could bear the brunt of 25 per cent duty include textiles/ clothing (10.3 billion), gems and jewellery (12 billion), shrimp (USD 2.24 billion), leather and footwear (USD 1.18 billion), animal products (USD 2 billion), chemicals (2.34 billion), and electrical and mechanical machinery (about USD 9 billion). They said that about half of the goods exported from India to the US are in the

Bangladesh secures 20% US tariff for garments, exporters relieved

DHAKA/KARACHI/AHMEDABAD, Aug 1 (Reuters) – Bangladesh has negotiated a 20% tariff on exports to the U.S., down from the 37% initially proposed by U.S. President Donald Trump, bringing relief to exporters in the world’s second-largest garment supplier. The new rate is in line with those offered to other major apparel-exporting countries such as Sri Lanka, Vietnam, Pakistan and Indonesia. India, which failed to reach a comprehensive agreement with Washington, will face a steeper 25% tariff. Trump put steep tariffs on exports from dozens of trading partners, including Canada, Brazil, India and Taiwan, ahead of a Friday trade deal deadline. The

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