India’s crude oil imports from Russia surge 1000%
NEW DELHI : India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This marks a staggering 1000% increase compared to
India now depends on Russia for 40% of its crude oil imports : BIMCO
LONDON : “During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of 1.6 million barrels per day (mbpd), an
MD & CEO of Kotak Mahindra AMC warns signal to FM Sitharaman about not to let gold become the next oil
NEW DELHI : Kotak Mahindra AMC’s Managing Director and CEO Mr. Nilesh Shah has urged Finance Minister Smt Nirmala Sitharaman to keep a watchful eye on any surge in India’s gold import bill in
India’s July edible oil imports to surge to record on robust palm buying, sources say
NEW DELHI : India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soyoil purchases due to lucrative prices and ahead of an anticipated hike in import
CBIC Chairman focuses on Gold import duty under FTAs cut in Union Budget 2024
NEW DELHI : A surge in imports under free trade agreement, lower current account deficit and a spate in smuggling prompted the Union Budget to slash duty on gold from 15 percent to 6 percent, according
Trade Tech revolutionizes Global Logistics with Real-Time Communication via Platform-Integrated Chat
SEATTLE : Trade Tech, Inc., a global logistics platform, introduces its latest update: a groundbreaking real-time chat capability built natively into its industry-leading global logistics platform. This new addition is set to reshape the
AFFI demands 100% duty on import of apples to ‘save local farmers’
NEW DELHI : Apple Farmers’ Federation of India (AFFI) on Sunday demanded 100 per cent duty on import of apples “to save the local farmers”. Talking to reporters after a national convention of apple
FSSAI rejects import of over 1550 food items on grounds of food safety
NEW DELHI : The Food Safety and Standards Authority of India (FSSAI) has reportedly rejected the import of over 1,550 food products over the course of the last two years. In the financial year