The Government of India has made suitable amendments in the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlement in Indian Rupees
The top Army brass is also expected to take up the projects that are going to be undertaken by the force to substitute imports and promote Make In India in the weapon systems.
Amid surging energy prices worldwide due to the Russia-Ukraine war and deteriorating economy due to inflation and its depreciating currency, Pakistan is forced to spend 66 per cent of its forex reserve on fuel imports.
According to the SIGAR report, Afghan exports are driven by mineral fuel, oils, and products, including the recent surge in coal exports. Other Afghan export items are textile and food items such as fruits and vegetables. Afghanistan's main imports from Pakistan are food products, followe
New Delhi (India), October 22 (ANI/PNN): In order to decrease the rising burden of oil imports, India recently opened up bidding for 26 blocks for oil exploration in India.
New Delhi [India], October 14 (ANI): India's overall exports in April-September 2022 are estimated to be $382.31 billion, exhibiting a 21.03 per cent growth over the same period last year. Overall imports in September 2022 are estimated to be $76.26 billion, showing a positive growth of 10.7
New Delhi [India], October 14 (ANI): There is an urgent need to allow exchange trading in palm oil and soybean oil as an absence of futures trading, which facilitates hedging, has led to "heavy financial loss" for importers of these commodities during the past three-to-four months, according
Colombo [Sri Lanka], October 13 (ANI): The diplomatic ties between Sri Lanka and China were strained after a Chinese company mislead Colombo authorities by taking the money and not supplying the fertilizer to the island country, a media report said.
Ghaziabad (Uttar Pradesh) [India], September 26 (ANI): In a big step towards reducing dependence on imports to meet energy needs the government-run Indian Oil Corporation (IOC) has launched indigenous production of AVGAS 100 LL, a special aviation fuel meant for piston engine aircrafts and u
New Delhi [India], September 23 (ANI): The recent changes in India's rice exports policy have been done keeping in mind the need to support the ethanol-blending programme that saves costly oil imports and to help the animal husbandry and poultry sectors by reducing the cost of animal feed th
New Delhi [India], September 22 (ANI): The apex edible oil industry associations from five major palm oil importing countries in Asia have come together for the first time to form an alliance -- Asian Palm Oil Alliance (APOA).