imports

India's February oil imports rise amid shifts in global market dynamics

New Delhi: India's total oil import bill surged to USD 13.25 billion in February, marking a 10% incr...

Chickpea imports unlikely to ease prices, yellow peas seen as substitute

India's decision to allow duty-free imports of chickpeas is unlikely to help bring down local prices...

Joe Biden sharply hikes U.S. tariffs on Chinese chips, cars to woo voters in election year

U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chine...

Indian exports up 1.07% in April; trade deficit expands by 32.3%

India’s merchandise exports rose 1.07% to hit almost $35 billion in April while imports jumped 10.25...

ATMA urges government to prioritize domestic tyre manufacturing over imports

The industry body has highlighted that imports should not be liberalised through Free Trade Agreemen...

India's May palm oil imports reach 4-month high on price drop-dealers

India's palm oil imports rose by 12.4% in May from the previous month to reach the highest level in ...

Textile industry welcomes QCO relaxation for polyester fibre

The textile industry has welcomed the relaxation of the mandatory Quality Control Order (QCO) for po...

India's Trade Deficit Widens to 7-Month High to $23.78 Billion in May 2024; Exports Grow 9.1%

India’s merchandise exports in May 2024 grew 9.09 per cent year-on-year to $38.13 billion, as compar...

Textiles, apparel exports grew 9.7% in May

Textiles and apparel exports registered a 9.7% growth in May this year compared with the same period...

Indonesia plans import duties on clothing, ceramics, minister says

Indonesia will impose safeguard duties of 100% to 200% on imports ranging from footwear to ceramics,...

RBI proposes rationalising regulations on export, import transactions

The RBI on July 2 proposed rationalising regulations that cover export and import transactions with ...

Freight issues impact exports

The recent delays faced by exporters due to port congestions, shortage of containers and spiralling ...

Red flags over runaway silver imports from UAE through Gift City

In a major disruption for the bullion market, almost all of India’s silver imports are now being han...

On reducing tariffs for smartphone components | Explained

The story so far: The India Cellular and Electronics Association (ICEA), an industry body representi...

Centre reduces customs duty on inputs for textile and leather industries

The Union Budget presented on Tuesday has proposed reduction of customs duty for some items in the t...

FTA review talks with Japan, Korea, ASEAN are moving slowly, but India will pursue with the talks: Goyal

The negotiations to review the free trade agreements (FTAs) implemented with Japan, Korea, and ASEAN...