India faces the threat of 50% mark ups on imports into the US

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  and welcome to Business Matters.

• 00:06

  I'm Roger Hearing.

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  On the programme today, India faces a threat of 50% tariffs on what it sells to the US.

• 00:14

  It's over Delhi's purchase of oil from Russia.

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  But will India ever wean itself off Russians' oil supplies?

• 00:22

  If government doesn't come up with any rule or official statement, Russian barrels are here to stay.

• 00:28

  Meanwhile,

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  the president's claiming a big win as Apple commits to an extra $100 billion in investment in the US.

• 00:36

  Plus,

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  the world's most famous investor approaches his 95th birthday and retirement with his company not showing quite the success it used to.

• 00:45

  We're going to look at the career of Warren Buffett.

• 00:48

  But let's meet the guests we've got on the programme as well,

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  who are joining me throughout the programme.

• 00:53

  Fermin Koop is an environment and climate change reporter who's joining us on the line from Buenos Aires.

• 00:58

  So, Fermin, a very good evening to you.

• 01:00

  Hi, thanks for having me.

• 01:02

  Good to have you there.

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  And, funnily enough, actually in the same hemisphere, though rather unusual,

• 01:07

  Mehmal Safraz, of course, journalist and analyst, normally talks to us from Pakistan.

• 01:12

  But, Mehmal, you're on holiday in California, is that right?

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