India-Russia trade: Western exit creates space for Indian exporters; ITE Group CEO sees $100 bn goal

[ad_1] The withdrawal of several Western companies from the Russian market has created gaps across critical sectors, paving the way for Indian MSMEs and exporters to expand their footprint. Dmitry Zavgorodniy, Chief Executive Officer of Russian exhibition leader ITE Group, said Indian businesses are increasingly competitive and well-positioned to fill the demand, reported news agency…

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Farm sector: Nitin Gadkari says sugar industry survives due to ethanol; calls for new technology in farming

[ad_1] Union minister Nitin Gadkari on Sunday said the sugar industry in India has managed to survive largely due to the advent of ethanol and stressed the need for adopting new technologies in farming.Speaking at an event organised by Naam Foundation in Pune, Gadkari said farmer suicides in Maharashtra’s Vidarbha and Marathwada regions were mainly…

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$3.4 billion push: India set to build new Indian Railways’ lines near China border; to complement road infra

[ad_1] India plans to strengthen its northeastern border region through extensive railway development. (AI image) India is planning to build railway lines in the north-east along the border with China, with an aim to enhance logistics infrastructure in the strategically important areas. The development, estimated to cost the government 300 billion rupees ($3.4 billion), has…

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Sanctions bite: Nayara Energy struggles with non-Russian crude for 2nd consecutive month; western shippers refuse cargoes

[ad_1] Nayara Energy, India’s second-largest private oil refiner, is facing a second consecutive month of difficulty in securing non-Russian crude supplies as western shipping companies continue to refuse transportation of cargoes, according to ship tracking data cited by news agency PTI.Part-owned by Russia’s Rosneft PJSC, which holds a 49.13 per cent stake, Nayara has reduced…

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