Russia dominated India’s oil imports in 2023-24 regardless of lowering reductions on oil and sanctions from G7 nations for its actions in Ukraine. In keeping with vitality cargo tracker Vortexa, Russian oil now accounts for 35% of India’s whole imports, up from 23% the earlier 12 months.In the meantime, different…
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Exports see quickest progress in 20 months led by engineering
New Delhi: India’s items exports clocked the quickest progress in 20 months, rising 11.9% to $41.4 billion, the best worth of shipments since final March. Imports grew 12.1% to prime $60 billion, leading to a commerce deficit of $18.7 billion.”If you look at the 11 months period of the financial…
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Authorities panel seeks carbon tax rejig to discourage coal imports
NEW DELHI: An inter-ministerial panel of officers tasked with charting a course for stopping coal imports by 2030 has advisable elevating the carbon tax on superior imported gasoline and lowering the identical on decrease high quality home produce.The federal government presently expenses a flat Rs 400 per tonne GST Compensation…
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US senators need authorities to impose four-year-old ‘India-like’ ban on Chinese language imports |
Two US senators pushing for crack down on the variety of packages from China that enter the nation duty-free have referred to as on President Joe Biden to take government motion. In a letter, the senators mentioned that the US producers can’t compete with low-cost rivals they are saying depend…