Africa struggling to reduce dependency on imported Indian rice

Africa struggling to reduce dependency on imported Indian rice

Outside Dak village in central Senegal women sing and dance as they scythe through rice stalks with sickle or knife. The harvest is under way in the west African nation, but there will not be enough for everyone. Many African countries depend on imports — and the market has been roiled by restrictions imposed in September […]

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India’s imports from China surge to record high in first nine months of year

India’s imports from China surge to record high in first nine months of year

India imported $89.66 billion worth of goods from China in the first nine months of 2022, the highest on record for three quarters in any year. Two-way trade has crossed $100 billion India imported $89.66 billion worth of goods from China in the first nine months of 2022, the highest on record for three quarters […]

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Russia’s share of India’s June oil imports surges to record

Russia’s share of India’s June oil imports surges to record

India’s oil imports from Russia surged to a record of about 9,50,000 barrels per day (bpd) in June, accounting for almost a fifth of overall imports by the world’s third largest oil consumer, data provided by trade sources showed. Indian refiners have been snapping up Russian oil sold at hefty discounts to Brent and Middle […]

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Tata Steel decides to stop coal imports from Russia following sanctions

Tata Steel decides to stop coal imports from Russia following sanctions

Payments to Russian suppliers through the prevailing banking channels remain a concern owing to economic sanctions Payments to Russian suppliers through the prevailing banking channels remain a concern owing to economic sanctions Tata Steel Ltd., one of the major importers of Russian coal in recent months, has decided to stop procurement from the country citing […]

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Tata Steel decides to stop coal imports from Russia following sanctions

Tata Steel decides to stop coal imports from Russia following sanctions

Payments to Russian suppliers through the prevailing banking channels remain a concern owing to economic sanctions Payments to Russian suppliers through the prevailing banking channels remain a concern owing to economic sanctions Tata Steel Ltd., one of the major importers of Russian coal in recent months, has decided to stop procurement from the country citing […]

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