India becomes second largest trading partner of US, earnings touch $2.5 b India has emerged the second largest trading partner of the United States, with domestic exports to the US earning $2.5 billion, more than all the aid that it had received in 50 years, Bernard Alter, consul general, American consulate here said. Oil-recycling policy needed, says IIP A comprehensive action leading to policy and regulations for recycling of used oil is urgently required as India is the sixth largest consumer of lubricating oils in the world. Diesel-mixed palm oil aids upward price movements Malaysian palm oil futures closed higher on Friday, aided by news that further diesel-tainted Indonesian crude palm oil has been found in Europe. Bullion prices move in narrow range; sugar down Briefing Karnataka wants onion ban lifted European gold drifts lower, awaits British auction
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