New Delhi: India has exported more than 45,000 tonnes of onions since the ban on imports was lifted earlier this month, a top government official said on Wednesday.These exports provided relief to farmers after restrictions were imposed to stabilize domestic supplies ahead of the general...
Male, Maldives on Wednesday said both India and China have agreed to cooperate in efforts to pay for imports in their respective countries' currency instead of US dollars, giving Male about 50% of the annual US$1.5 million. There is a possibility of helping in saving percentage. Import bills...
Benchmark Brent crude prices have now fallen to $82.28 a barrel, down from close to $84 a barrel late last week. US West Texas Intermediate crude (WTI) futures were trading at $78.02 on Wednesday, indicating further weakness in prices.Since India imports about 85 percent of its crude oil...
New Delhi, Industry body Automotive Tire Manufacturers Association on Monday said India has adequate tire manufacturing capacity and imports through FTA should not be liberalized through duty concessions.The Automotive Tire Manufacturers Association (ATMA) has informed the Center that...
Beijing [China], The anti-dumping investigation launched by China on imports of polyformaldehyde copolymer, an engineering chemical, from the EU, US, Japan and Taiwan has escalated trade tensions with major trading partners, with the EU filing several anti- Steps have been taken. Subsidy...
ISLAMABAD: Foreign Minister Ishaq Dar has said trade relations between Islamabad and New Delhi have been suspended since 2019 due to India imposing "hefty duties" on imports from Pakistan following the Pulwama attack.In a written reply submitted to the National Assembly on Saturday, Dar, who...
New Delhi: SAIL, the country's largest steel company, is keeping a close eye on imports of the commodity, company Chairman Amarendu Prakash said on Friday.The official made the remarks while replying to a question on the impact of the US imposing heavy duties on various Chinese goods like...
By Ajit Dubey New Delhi [India], Indigenization in the defense sector under the Make in Indy policy has significantly helped the Indian Army in reducing its dependence on imports to meet its requirements. Senior defense officials said that private sector industry has emerged in this area. The...
New Delhi [India], CRISIL's recent outlook report on India's trade deficit said India's trade deficit faces limited near-term challenges due to ongoing geopolitical uncertainties, although it remains a watchdog. It remains an important area. The report also notes that, despite these potential...
New Delhi [India], In April, India saw a significant increase in gold imports, which doubled to US$3.11 billion from US$1.53 billion in March. Gold prices in Delhi ranged between Rs 76,400 and Rs 67,755 per 10 gram during the period. Despite strong demand for gold in March, the market witnessed...
Beijing [China], Following the US move to raise tariffs on imports from China, Chinese officials have promised to take forceful retaliatory measures, stressing that this will harm the US, Voice of America (VOA) reports. Bilateral cooperation with India will be seriously affected. US President...
New Delhi: Switzerland has emerged as the top import destination for India in April as gold arrivals from that country increased, according to commerce ministry data.Gold imports more than doubled to US$3.11 billion during the month.The data shows that Switzerland was followed by Russia...
However, imports during the month increased by 10.25 percent to $54. Arab, mainly due to increase in gold purchasesAs a result, the merchandise trade deficit for the month was $19.1 billion, 32.3 percent higher than a year earlier.Gold imports increased three times to $3.11 billion in April...
New Delhi: India's merchandise exports rose 1 per cent to USD 34.99 billion in April, while the trade deficit widened to a four-month high of USD 19. billion during the month, according to government data.Healthy growth in sectors such as electronics, chemicals, petroleum products and...
New Delhi: India's merchandise exports rose 1 per cent to USD 34.99 billion in April, while the trade deficit widened to a four-month high of USD 19. billion during the month, according to government data.Healthy growth in sectors such as electronics, chemicals, petroleum products and...
New Delhi: India's merchandise exports rose marginally to US$34.99 billion in April 2024 from US$34.62 billion in the year-ago month, according to government data released on Wednesday.Imports also increased from US$ 49.06 billion to US$ 54.09 billion in April 2023.The trade deficit, or the...
New Delhi, NITI Aayog member V Saraswat on Wednesday said India's defense capabilities have grown significantly during the last decade of the Modi government and the country is now dependent only on arms imports for the immediate needs of the armed forces.Former Defense Research and...
Beijing [China] "Strongly opposes" new US tariffs, China warned trade barriers will hurt broader ties between the two economic superpowers and Beijing will "resolutely work" to protect its interests, CN China's Commerce Ministry also said the move runs counter to US President Joe Biden's earlier...
New Delhi: Economic think tank GTRI on Tuesday said the escalating trade war between the US and China may force Beijing to dump goods in Indian markets.In this backdrop, the Commerce Ministry's investigative arm, the Directorate General of Trade Remedies (DGTR), will have to remain vigilant...
The Biden administration announced a new package of tariff increases in an effort to protect American workers and businesses from China's unfair trade practices, and blame China for flooding the global market with "artificially low-priced exports." Was accused.Under the package, tariffs on...