India emerging as leading source of vehicle imports for South Africa
NEW DELHI : India has emerged as the leading source of vehicle imports for the South African automotive industry since 2013, according to the Automotive Business Council’s BRICS+
India’s import duties are too high, must come down : CEA Nageswaran
NEW DELHI : India’s import duties are too high and must come down, feels Dr V Anantha Nageswaran, Chief Economic Adviser to the Government of India. Describing high import duties as
Imports from India drive Nepal’s high trade deficit, not WTO : Director-General
GENEVA : Nepal’s increased trade deficit since joining the WTO is not a direct result of its membership in the global trade organisation, but rather due to its
Lulu Group to increase food imports from India to Rs 15,000 Crore in two years
ABU DHABI : Lulu Group, a leading retail conglomerate based in Abu Dhabi, UAE, aims to increase its food imports from India to Rs 15,000 crore in the
Coal shipments to India jump 10%, but growth could slow : BIMCO
LONDON : “Between January and August 2024, coal shipments to India rose 10% y/y, outpacing an 8% y/y increase in domestic coal mining. Thermal coal shipments were a
Trade ministry proposes anti-dumping duty on Chinese aluminium foil imports
NEW DELHI : The Ministry of Commerce and Industry has recommended imposing an anti-dumping duty on aluminium foil imported from China after surging shipments from the neighbouring country
Malaysia launches anti dumping duty probe on coated steel from China, India, Japan, South Korea
KUALA LUMPUR : Malaysia has initiated an anti dumping duty investigation into coated iron or non-alloy steel flat-rolled products from China, India, Japan and South Korea, the Ministry
Piyush Goyal announces introduction of Diamond Imprest
NEW DELHI : Union minister of Commerce and Industry Shri Piyush Goyal announced restoration of GJEPC, which allows import duty exemption on cut and polished diamonds up to a
India’s crude oil imports from Russia surge 1000%
NEW DELHI : India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This marks
India now depends on Russia for 40% of its crude oil imports : BIMCO
LONDON : “During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of 1.6