India’s Reliance Industries, operating the largest refining complex globally, will stop importing Venezuelan oil due to a new 25% U.S. tariff on countries purchasing crude from Venezuela. Reliance, which imports about 2 million barrels monthly, might still receive an April cargo. The tariff threat has already slowed Venezuelan heavy crude loading at main ports.
Groww’s Ishan Bansal sees structural shift in derivatives participation post regulatory changes
Derivatives business faces a structural reset post FY25 regulatory changes, with growth now driven by a smaller but stable customer base, increased market volatility, and
April 21, 2026