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India's imports of Russian oil are set to hit a record high in June, according to data. This surge comes as analysts urge the country to move from ad hoc crisis response to strategic oil stockpiling. Meanwhile, Deutsche Bank has sold its India retail business to Kotak Mahindra, and Adani Ports is selling a 49% stake in an Indian port to Swiss shipping group MSC for $1.4 billion. These moves highlight India's evolving economic and energy strategies.
by WorldBrief & Maksim Micheliov | AI-generated summary
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