Why Modi government is internationalising Chinese Yuan by paying for Russian oil imports in it, asks Congress

[ST1976]

Indian refiners pay in yuan for Russian oil imports

In June, the Indian Oil Corporation became the first state-owned refiner to pay for Russian imports in Yuan, reports Reuters.

www.offshore-technology.com

using Yuan for trade is a need of time for BRICS nations, particularly......

 

[ST1976]

'India refiners start yuan payments for Russian oil imports' - Times of India

India Business News: Indian refiners have started paying for certain oil imports from Russia in Chinese yuan, Reuters reported quoting sources on Monday. This move comes a

timesofindia.indiatimes.com

 

[ST1976]

double post

 

[ST1976]

Whopping 64% surge in imports show how India is guzzling discounted Russian oil​

NEW DELHI: India's imports from Russia rose by a whopping 64% during the April-October period this fiscal amid the country's growing thirst for discounted crude.

According to commerce ministry data, India's imports from Russia rose to $36.27 billion during April and October from $22.13 billion during the same period last fiscal.

With this, Russia has become India's second-largest import source during the first seven months of this fiscal.

The world's third-largest crude consumer after US and China, ..

Read more at:
http://timesofindia.indiatimes.com/...ofinterest&utm_medium=text&utm_campaign=cppst

 

[ST1976]

Whopping 64% surge in imports show how India is guzzling discounted Russian oil​

NEW DELHI: India's imports from Russia rose by a whopping 64% during the April-October period this fiscal amid the country's growing thirst for discounted crude.

According to commerce ministry data, India's imports from Russia rose to $36.27 billion during April and October from $22.13 billion during the same period last fiscal.

With this, Russia has become India's second-largest import source during the first seven months of this fiscal.

The world's third-largest crude consumer after US and China, ..

Read more at:
http://timesofindia.indiatimes.com/...ofinterest&utm_medium=text&utm_campaign=cppst

https://indiaseatradenews.com/imports-from-russia-up-64-to-36-27-bn-in-apr-oct-crude-fertiliser-tops/

 

[retaxis]

Whopping 64% surge in imports show how India is guzzling discounted Russian oil​

NEW DELHI: India's imports from Russia rose by a whopping 64% during the April-October period this fiscal amid the country's growing thirst for discounted crude.

According to commerce ministry data, India's imports from Russia rose to $36.27 billion during April and October from $22.13 billion during the same period last fiscal.

With this, Russia has become India's second-largest import source during the first seven months of this fiscal.

The world's third-largest crude consumer after US and China, ..

Read more at:
http://timesofindia.indiatimes.com/...ofinterest&utm_medium=text&utm_campaign=cppst

India has always been a fence sitter. Doing good for one country means doing bad for another side