China has started importing Indian rice for the first time in at least three decades due to tight supplies and an offer from India of deeply discounted prices, Indian industry officials told Reuters. India is the world’s largest rice exporter and China is the largest importer. Beijing imports about 4 …
Read More »Exports grew 6% in September after six months of contraction, the trade deficit is reduced
Outbound shipments from India increased for the first time in seven months and merchandise exports grew 6% in September, up from the 5.3% suggested by previously released provisional data, mainly driven by an increase in demand. engineering goods, petroleum products, pharmaceuticals and ready-made clothing. Exports increased to $ 27.6 billion, …
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