New Delhi: The Union Government, during the ongoing winter session of Parliament, informed the Rajya Sabha about the export and import of food items over the last three years. Here are the details shared by the Minister of State in the Ministry of Commerce and Industry, Anupriya Patel. The details of food items, including oilseeds, edible oils and pulses, imported into the country during the last three years are at Annexure-I. The details of food items exported from the country dur...Read More

Surat: The diamond industry of Surat is one of the biggest beneficiaries of the Reserve Bank of India’s decision to allow export and import trade to be carried out in Indian currency instead of foreign exchange. The diamond industry of Surat will now be able to pay in Indian rupees for the rough diamonds it imports from Russia. The diamond industry of Surat imports rough diamonds mostly from Russia, payment for which is made through the importer’s bank in India using the services of a med...Read More