Gold imports will pick up: Traders
Chennai: June saw a 80 per cent drop in gold imports. Even so, bullion traders believe that despite all steps taken by the government to curb gold imports the festival season demand would perk up imp
India says it will cut Iran oil purchases by 11%
India said on Tuesday it would cut purchases of Iranian oil by 11 per cent following pressure from the United States to join a drive to isolate the Islamic republic over its disputed nuclear programme
Pak for doubling Indian tea import
Close on the heels of the Pakistan President Asif Ali Zardari’s visit, a 13-member tea trade delegation is in the country.
A meeting with members of the Indian Tea Association in Kolkata on Tuesday
Relax norms on import of wine, toys, cosmetics: US to India
The US has sought from India that it relax norms on a wide range of 'technical barriers to trade' covering areas such as toys, cosmetics, wine and telecom equipment.
In its latest report, the United
Indonesia seeks import of 5,00,000 tonnes rice from India
Indonesia has sought 5,00,000 tonnes of non-basmati rice from India at cheaper rates to meet its domestic demand and keep prices under check.
"Indonesia, that especially buys rice from Vietnam and Th