India
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India trims tax on fuel, essential commodities | The Express Tribune
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[ad_1] NEW DELHI: India on Saturday announced a series of changes to the tax structure levied on crucial commodities in a bid to insulate consumers from rising prices amid high inflation. Finance Minister Nirmala Sitharaman announced a cut in excise…
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US urges India to reverse ban on wheat exports
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[ad_1] A labourer prepares to load a sack of wheat in a customer´s vehicle at a wholesale grain market in Ghaziabad on May 17, 2022. India´s wheat production has been hit by searing temperatures — the country recorded its warmest…
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Wheat prices hit record high after India export ban
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[ad_1] In this file photograph taken on April 12, 2022, an Indian farmer poses as he harvests wheat crop in a field on the outskirts of Amritsar, in the northern Indian state of Punjab. -AFP PARIS: Wheat prices surged to…
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‘No change in trade policy with India’ | The Express Tribune
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[ad_1] ISLAMABAD: The coalition government on Wednesday clarified that there is no change in Pakistan’s policy on trade with India after the federal cabinet approved the appointment of Trade and Investment Minister in the Pakistani High Commission in New Delhi….
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Power-hungry India boosts coal output | The Express Tribune
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[ad_1] CHENNAI: India has boosted the output of coal and cancelled passenger trains to free up rail track to move it, officials said, as the government scrambles to overcome its worst power crisis in years. State-run Coal India, which accounts…
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Russia, India in talks to restart coal supplies | The Express Tribune
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[ad_1] NEW DELHI: Russian and Indian officials met last week in an effort to resolve an impasse over the shipping of coking coal to Indian steelmakers, which has dried up since March over payment methods, a trade source and an…
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India capitalises on Russian oil previously destined for Europe | The Express Tribune
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[ad_1] ISTANBUL: As European refineries shun away from Russia’s flagship export crude, Urals, India has been picking up more of Russia’s Black Sea and Baltic cargoes, motivated by large discounts, according to data compiled by real-time energy cargo tracker, Vortexa….
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India set to bypass US dollar for trade with Russia | The Express Tribune
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[ad_1] A system that could allow the direct rupee to rouble payments could be launched this week, enabling trade between India and Russia, according to a top Indian trade official. A Sakthivel, President of the Federation of Indian Export Organisations…
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‘Think twice before buying Russian oil’, US tells India | The Express Tribune
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[ad_1] The US on Wednesday urged India not to proceed with plans to purchase discounted Russian crude oil, saying doing so would be seen as an act of supporting Moscow’s “leadership” as its military offensive in Ukraine continues. The remarks…
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India growth slows, govt cuts forecasts | The Express Tribune
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[ad_1] MUMBAI: India’s growth rate slowed further in the last three months of 2021, the National Statistics Office (NSO) said on Monday as it cut its forecast for the current financial year in the face of higher oil prices and…
