International

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Iran no longer importing tea and basmati rice from India, says report

Iran has completely stopped signing new contracts for importing tea and basmati rice from India from last week. While there is no clarification from Iranian buyers about the reason for this sudden stoppage, Indian exporters believe this is largely because shops, hotels and markets in the West Asian country remain closed amid strong anti-hijab movement …

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India’s crude oil Import increase by 53% during Apr-Nov period, Shows latest govt data

India’s crude oil imports shot up by 52.58 per cent to $146.57 billion during April-November this fiscal, data released by the Commerce ministry on Friday showed. During the period under consideration, imports of coal and coke rose by 97.66 per cent to $37.25 billion. Meanwhile, gold imports fell by 18.13 per cent to $27.21 billion …

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