Page 10 of import

oil demand, consumption, oil prices, crude demand, crude importer, OPEC+

Indian economy and perils of crude oil shock

The adverse implications of rising international crude oil prices will be manifested in terms of imported inflation for India as…

November 7, 2023 11:40 IST

pli, petroleum, petroleum crude, non-essential imports, economy

Steps to curb non-essential imports show early results

The steps taken to curb these imports include progressively increasing the percentage of blending in auto fuels to make a…

November 6, 2023 05:00 IST

Restrictions, PLI, mandatory quality norms helping cut import of certain non-essential goods

These steps, among others like imposing antidumping and countervailing duties, have been taken to analyse and control non-essential imports and…

November 5, 2023 12:15 IST

trade deficit, CAD, service surplus, imports, commodity prices, commodities, exports, crude oil price, GDP growth, geopolitical tensions, World Bank

Economists say India’s Sep trade deficit narrowing to $19.37 bn augurs well for CAD for Q2FY24

Economists said that while narrower-than-expected merchandise trade deficit print augurs well for the current account deficit for Q2 FY2024, crude…

October 18, 2023 14:21 IST

US, Korea raise concerns on India’s decision to impose import restrictions on laptops, computers

The US has stated that the decision will have an impact on trade of these products, including US exports to…

October 17, 2023 12:59 IST

India-UK FTA, India-UK trade figures, India-UK relations, UK business survey, Grand Thornton, CII, Grand Thornton report, UK investment in india, british investments in India, Indian business in UK, British brands in India, trade relations, India

68% of 635 UK companies in India are MSMEs: Grant Thornton-CII report

Out of 68 per cent UK MSMEs in India, 47 per cent were micro and small with turnover less than…

October 10, 2023 12:13 IST

private capex, government capex, fixed assets, investments, manufacturing companies, Atmanirbhar Bharat, capacity utilisation, corporate profitability, commercial sector, economic growth

CRISIL says decline in India’s growth slowing down; projects CAD to soften to 1.8% this fiscal

The CRISIL report said that the overall goods exports remain under pressure as global growth is softening and purchasing power…

September 25, 2023 08:24 IST

customs, clearance, exports, imports, trade, importer exporter code, valuation, hsn codes, preferential tariffs, FTAs, gst, custom brokers, EDI, cbic, logistics

Best practices: How SMEs can manage import customs clearance with ease

The process of import customs clearance presents challenges that can be daunting for those new to the field. Extensive experience…

September 18, 2023 08:00 IST

trade deficit, gold, gold import, festive buying, consumer, trade data, discretionary spending, Commerce Ministry

India’s gold imports said to jump in risk to wider trade deficit

The value of inbound gold shipments grew to $4.9 billion in August from $3.5 billion a year earlier, according to…

September 14, 2023 09:40 IST

US raises issue of curbs on computer imports by India

India and the US agreed to explore the issue further and find a solution that addresses both countries’ concerns.

Updated: August 30, 2023 13:22 IST

msme, toys, toys export India, Piyush Goyal, Piyush Goyal news, china, indian toys, indian toys export, indian toys export data, toys manufacturing, toys production, toys association, ease of doing business, indian government, india, india news, india export

Self-reliance in toys: 52% drop in toy imports in 9 years, 6x jump in exports, says MSME Min Narayan Rane

According to the data from the Ministry of Commerce and Industry, the import of toys declined from $257.65 million in…

August 21, 2023 11:57 IST

Import licensing, import, export, economy

Import licensing: Leading ICT firms seek US intervention; say India’s decision intended to force firms to participate in PLI

The companies have jointly come forward to point out that the licensing regime will affect imports of products made by…

August 19, 2023 06:25 IST

fiscal deficit, GST collections, imports, IGST, cess collection, commodity prices, domestic transaction, revenues, deflation, domestic demand, CGST revenue

Upbeat domestic demand key to meeting GST targets for FY2024, amid languishing imports

Close on the heels of the year-on-year (YoY) rise in the Government of India’s (GoI’s) fiscal deficit in Q1 FY2024,…

August 9, 2023 12:16 IST

forex reserves, India, Indian economy, capital movement. Russia Ukraine war, GDP ratio, current account deficit, global capital, funding, geopolitical uncertainty, fossil fuel imports, trade deficit, value chain

How ample is India’s forex reserves?

The total forex reserves held globally is estimated to be around USD 14.1 trillion in 2022, out of which India…

August 5, 2023 13:37 IST

msme news, import of laptops, import restrictions on laptops, Hsn code 8471, indian government, make in India, DGFT notification, government notification on laptop imports, import duty on electronics, latest news, CAIT

Traders’ body CAIT welcomes govt restrictions on import of laptops, tablets, computers

CAIT said that such a move would boost domestic manufacturing and enhance the consumption of goods in line with the…

August 4, 2023 17:54 IST

Govt should announce objective criteria for importers of computers, laptops for granting licences: GTRI

On August 3, the government said importers of these goods have to seek licence/permission from Directorate General of Foreign Trade…

Updated: August 4, 2023 14:03 IST

Government imposes import restrictions on laptops, tablets

The Directorate General of Foreign Trade (DGFT) in a notification said that exemption from import licensing is provided for up…

Updated: August 3, 2023 14:27 IST

Godrej Agrovet, oil palm, processing units, land allotment, farmer, import, demand

Godrej Agrovet announces allotment of 47,000 acre land for oil palm cultivation, processing unit in Telangana

The allotted area of 47,000 acre will be utilized by the company to expand cultivation of oil palm and set…

July 19, 2023 08:05 IST

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JAYA JAGADISH, COUNTRY HEAD & SVP – DESIGN ENGINEERING, AMD INDIA

‘Our R&D teams in India now fully own core IP, ’ says Jaya Jagdish

India and EU resume FTA talks, Brussels team in Delhi

Policy28 min ago

India and the EU have resumed negotiations on their Free Trade Agreement, aiming to resolve remaining differences and finalize the deal by the end of the year. Commerce and industry minister Piyush Goyal visited Brussels for discussions, with both sides finalizing 10 chapters and making progress on others.

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