Imports from U.S. to grow, trade Ministers to meet soon

Indian Prime Minister has met US President on the sidelines of the G-7 Summit in France. During the meeting,the Indian PM said that India has planned to increase imports including oil from the US and $4 billion worth of imports were already in the pipeline. India and the US has differences over trade imbalance between… Continue reading Imports from U.S. to grow, trade Ministers to meet soon

Can’t ensure cheaper oil for India,says US

US commerce secretary has said that the US government cannot ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies. Recently,India had stopped importing crude oil from Iran following the US move to end sanction waivers.Iranian oil was a profitable buy for India as supplies from Iran… Continue reading Can’t ensure cheaper oil for India,says US