Policy dilemma: ‘We need to think hard’ on whether Russian oil imports are worth it; Nobel laureate Abhijit Banerjee links issue to US tariff removal

Nobel laureate Abhijit Banerjee has said India should reassess whether importing cheap oil from Russia is “worth it” after the Trump administration imposed an additional 25 per cent tariff on Indian goods, taking the total levy to 50 per cent — one of the highest […]