India's leading refiner receives U.S. approval to resume Venezuelan oil imports.
According to a report, Reliance Industries may soon resume purchasing crude oil from Venezuela.
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In the first quarter of this year, India recorded a notable increase in exports to Russia by 22%, totaling $1.2 billion, and Russia rose to 28th place in the list of countries sourcing Indian products.
Trade between Russia and India reached a record $17.5 billion in the first quarter, according to the calculations based on data from India's Ministry of Industry and Trade.
In terms of breakdown, the transaction volume in January was $6 billion, in February it was $5.2 billion, and in March, it recorded a significant increase to $6.3 billion, an increase of 7.6% year-on-year, compared to the record in May last year of $6.3 billion. It approached the $30 million record. Year. During this period, China emerged as India's largest trading partner, with bilateral trade increasing by 9.6% to $29.5 billion. In contrast, India's trade with the US fell 3.8% to $29.4 billion.
The United Arab Emirates maintained its third place with a 25% increase to $26.1 billion. Saudi Arabia ranked in the top five, with trade volume with India decreasing by 8.3% to $12.2 billion.
Russia maintained its position as India's second-largest supplier of goods in the first quarter, exporting goods worth $16.3 billion (compared to $15.6 billion in the same period last year).
Meanwhile, India's exports to Russia rose 22% to $1.2 billion in the January-March period, making Russia the 28th largest recipient of Indian goods.
In particular, the top five export destinations for Indian products are the United States ($20.8 billion), the United Arab Emirates ($10.9 billion), the Netherlands ($6.8 billion), Singapore ($5.5 billion), and China ($4.7 billion).
According to a report, Reliance Industries may soon resume purchasing crude oil from Venezuela.
The US judge ruled that the federal law governing benefit plans did not apply to the former employees' claims.
In response to Brussels' imposition of tariffs on electric vehicles, Beijing announces an investigation into brandy imports from the bloc.