Start learning 50% faster. Sign in now
According to the data provided by the Department of Commerce ,India’s bilateral trade with Russia between April and August skyrocketed to a record high despite pressure from West to curb energy imports from the sanctions-hit aggressor of Ukraine. India-Russia trade figure during the five-month period of the financial year 2022-23 clocked $18,229.03 million. Out of the total India-Russia bilateral trade of $18,229.03 million during the five months, imports accounted for $17,236.29 million, while exports to Russia stood at just $992.73 million. Imports from Russia surged over 500% year-on-year during the months of June, July, and August. Petroleum oil and other fuels products such as mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes accounted for 84% or $14,476.52 million of the India’s total imports from Moscow between April and August 2022. Fertilisers and fuels collectively constituted 91% of the total imports from Russia during the year. Due to the surge since April, Russia has emerged as India’s seventh-largest trading partner after US, China, UAE, Saudi Arabia, Iraq, and Indonesia in the first five months of 2022-23.
The Headquarter of SIDBI Is located in
Which of the following is the secondary function of Banks?
I. Collecting and supplying business information.
II. Issuing letters of c...
Which of the following Bank was not nationalized in the First Phase of Nationalization of Banks?
Under which Act, Banking ombudsman has been constituted?
As per the RBI guidelines, Banks will be able to offer short-term crop loans up to one year at what percent of rate per annum?
.............................is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers ...
Uttarakhand Gramin Bank established after the amalgamation of
What is Notice Money?
The Marine Products Export Development Authority (MPEDA) is organizing the 22nd edition of India International Seafood Show (IISS) 2020 in Kochi from 7-...
‘Project Tatkal’ is a recent initiative of the State Bank of India to speed up the process of _____________.