Welcome to The morning report brought to you by Renil S Varghese — your quick dive into the top stories shaping the business world today. Fast, insightful, and to the point. Check out the top news for the day.

1. Trump says India to pay ‘massive tariffs’ if it continues to buy Russian oil

US President Donald Trump warned India of “massive tariffs” if it continues buying oil from Russia. Speaking aboard Air Force One, Trump claimed Prime Minister Narendra Modi assured him India would halt Russian oil imports. However, India recently stated it is diversifying energy sources based on market needs. Trump dismissed this, insisting Modi promised to stop Russian oil purchases. The US accuses India of indirectly funding Russia’s war. Tensions have escalated after Trump doubled tariffs on Indian

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