Wednesday, 19 August 2026 | Chennai

THE MANDATE

Politics. Policy. Power.

Independent political intelligence & public affairs · A Conslytics Publication

Economy

Editorial illustration of an oil tanker, pipeline geometry and a map of IndiaAnalysis

Cheap Oil, Expensive Risk: Russian Crude Reaches 48% of India's Imports

Russia accounted for roughly 48% of India's crude oil imports by volume in June 2026, with about 8.7 million metric tonnes arriving during the month. Proposed United States legislation would expose large buyers of Russian energy to tariff risk if it is enacted.

The Mandate News Desk · Analysis · 5 min read

Editorial illustration of a cable-stayed bridge, waste-processing plant and municipal finance motifsAnalysis

Can Chennai Borrow Its Way to the Next Urban Transformation?

The Greater Chennai Corporation is examining municipal bonds, commercial loans, multilateral finance and public-private structures to fund its next round of infrastructure. With an AA+ rating reported and a Rs 1 lakh crore national Urban Challenge Fund in play, the question is bankability.

The Mandate News Desk · Analysis · 5 min read