Higher Coal and Crude Shipments to Propel India’s Merchandise Imports Above $700 Billion in FY23, Says GTRI
According to a report from GTRI, India's imports of goods are projected to increase by around 16% to $710 billion in the current fiscal year, majorly driven by a surge in inbound deliveries of crude oil, coal, diamonds, chemicals, and electronics.
A Connection Unsevered: Russia-Ukraine ‘Black Sea Initiative’
After receiving guarantees from Ukraine that it wouldn’t use the humanitarian maritime corridor for military purposes, Russia said it would resume its participation in the Black Sea grain initiative, a deal with Ukraine to enable crucial agricultural exports from the country via the Black Sea. Russia withdrew from the agreement, which had been mediated by …
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