Blazing Lies Extinguished


THE CHAI BRIEF

India’s business, tech, and political news — packed into 5 minutes or less. No fluff, just the stuff that matters.

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Good morning. India’s bargain-hunting for discounted Russian oil—saving $3.7 billion since 2022—has drawn ire from Trump’s camp, accusing Delhi of bankrolling Putin’s war. Meanwhile, India’s shrugging it off like a shopper at a geopolitical outlet mall: “Neutrality saves rupees, and we’ve got bills to pay.” Caught between cheap crude and Western frowns, it’s a high-stakes game of price tags vs. principles. MARKET ▼ SENSEX 80599.91 -0.72% ▼ NIFTY 50 24565.35 -0.82% ▼ NASDAQ 20650.133 -2.24% ▲...

Good morning. Donald Trump cheers reports of India ditching Russian oil like a fan applauding a rumor, but New Delhi’s energy shopping cart remains murky. Once scooping up discounted crude post-Ukraine sanctions, India’s pragmatism often overrides geopolitical pressure. With officials silent, the "good step" may just be wishful thinking—proving that in global oil chess, the queen still follows the price tag. MARKET ▼ SENSEX 80599.91 -0.72% ▼ NIFTY 50 24565.35 -0.82% ▼ NASDAQ 20650.133 -2.24%...

Good morning. Trade relations take a twist as the U.S. slaps a 25% tariff on Indian imports starting Friday, plus a penalty for India’s Russian oil purchases. It’s like a double whammy for India, caught between boosting U.S. production and navigating sanctions. Looks like diplomacy just got a lot more expensive! MARKET ▲ SENSEX 81481.86 0.18% ▲ NIFTY 50 24855.05 0.14% ▲ NASDAQ 21129.674 0.15% ▲ USD to INR 87.65 0.00% ▲ Larsen And Toubro 3665.10 4.85 ▼ Tata Motors 668.45 -3.45 Data is provided...