While Europe is making strenuous efforts to move away from Russian oil and gas, India could keep profiting by selling fuel made from Russian crude to the energy-starved region.
For Debjit Chakraborty's latest contributions to The Japan Times, see below:
Tension between economic imperative and political pressure to respond to Russia's invasion of Ukraine is dragging the oil market toward a watershed.
Soaring gasoline prices are fanning inflation and causing a headache for governments and central banks worldwide.
Green hydrogen — made from water and clean electricity — is seen by many as the breakthrough needed for the world to meet its emissions reduction goals.
While shortages of coal in China and their own power crunch have commanded most recent attention, it’s India that’s facing a potentially worsening scenario.
Mukesh Ambani may now build solar panels, but his oil-related businesses deliver nearly 60% of his company's $73-billion annual revenue.
Mukesh Ambani says he plans to transform each of the units under Reliance Industries Ltd. to create a sustainable business model.
The car renaissance could be the latest example of how COVID-19 will leave a lasting impact on our lives.