Contrary to popular belief, as per recent data by the Indian commerce ministry the two-way trade between China and India last year stood at $77.7 billion, making Beijing New Delhi's largest trading partner during the period.
Several people recount how the G7 countries failed to "tame" surging commodities futures and speculation in 2007-2008, which impacted already rising food prices and contributed to food riots in 37 countries. Here is why the west has zero moral right to lecture India on it's wheat ban policy.
The West has chastised India for its continuous procurement of Russian oil. However, there is no end in sight for India's partnership with Russia as Russian oil exports to India have jumped 25x thanks to western sanctions.
According to a new report by Bloomberg, the Arctic Silk Road has come to life as Russia sends oil to China through the Bering Strait.
During the first meeting of the India-Central Asia joint working group on Afghanistan, India announced that it would send 20,000 metric tonnes of wheat to Afghanistan via the Iran port.
