India is the world's second-largest consumer and number one vegetable oil importer, and it meets around 60 per cent of its need through imports. With the formal approval of GM mustard for mass-scale cultivation in India, it is expected to reduce dependence on imported edible oils.
India's crude oil imports from Russia have increased manifold in the past few months so as to secure the country's energy security. A large portion of India's energy demand is met through imports.
Novak stressed that Russia is responsibly fulfilling its contractual obligations for the supply of energy resources, diversifying energy exports to the countries in the east and south amid the energy crisis. Earlier in September, G7 nations agreed to impose a price cap on oil imports from
Defending India's stance on importing crude oil from Russia, External Affairs Minister S Jaishankar on Tuesday said that it's a sensible policy to go where we get the best deal in the interest of the Indian citizens.
Guyana President Mohamed Irfaan Ali is set to be the Chief Guest at the 17th Pravasi Bharatiya Divas (PBD) Convention, scheduled to be held in Indore next month.
Delivering his remarks in Rajya Sabha on the 'Latest Developments in India's Foreign Policy', Jaishankar said India's diplomacy continued apace since the last monsoon session when he last delivered the update on Indian foreign policy.
While addressing the Joint Press conference, Union Minister said, "We've agreed to pursue Free Trade Agreement between India and Gulf Cooperation Council (GCC) and conclude it at the earliest. GCC is already India's largest trading partner. GCC countries contribute almost 35 per cent of I
India's Hyderabad-based Megha Engineering and Infrastructures Limited (MEIL) has received the letter of authorisation for the Mongol Refinery Project, which entails building Mongolia's first oil refinery in the country.
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.