Tag: Oil imports

Rising costs squeeze intermediaries out of thriving Russian oil trade with India
Posted in Economy

Rising costs squeeze intermediaries out of thriving Russian oil trade with India

Three trading houses have become dominant sellers of Russian oil to India as many smaller players dropped out of the business due to high funding…

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Growfast
Posted in Economy

Reaching $100 b in Indo-Russian trade realistic: Jaishankar

New Delhi: There is a strong possibility of India-Russia bilateral trade attaining the $100 billion target by 2030, external affairs minister S Jaishankar said on…

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Reaching $100 billion in Indo-Russian trade realistic: S Jaishankar
Posted in Economy

Reaching $100 billion in Indo-Russian trade realistic: S Jaishankar

New Delhi: There is a strong possibility of India-Russia bilateral trade attaining the $100 billion target by 2030, External Affairs minister S Jaishankar said on…

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oil imports: Soyabean oil imports hit seasonal high in August amid fall in local soyabean prices below MSP
Posted in Economy

oil imports: Soyabean oil imports hit seasonal high in August amid fall in local soyabean prices below MSP

India‘s crude soyabean oil imports reached a seasonal high of 4,54,639 tonnes in August, even as local soyabean prices have dropped below the minimum support…

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vegetable oil imports: Govt said to raise import taxes on vegetable oils to help farmers
Posted in Economy

vegetable oil imports: Govt said to raise import taxes on vegetable oils to help farmers

India is considering raising import taxes on vegetable oils to help protect farmers reeling from lower oilseed prices, two government sources said on Wednesday. The…

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India's July edible oil imports to surge to record on robust palm buying, sources say
Posted in Economy

India’s July edible oil imports to surge to record on robust palm buying, sources say

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…

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India's merchandise import jump in May signals stable local economy: Economists
Posted in Economy

India’s merchandise import jump in May signals stable local economy: Economists

A sequential increase in merchandise imports in May that led to the trade deficit widening to a five-month high signalled a stable local economy, economists…

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indian oil import duty: India cuts base import duty on refined soyabean oil, sunflower oil by 5%
Posted in Economy

indian oil import duty: India cuts base import duty on refined soyabean oil, sunflower oil by 5%

The Government of India slashed its basic import duty on refined soyabean oil and sunflower oil to 12.5 per cent from an earlier 17.5 per…

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