March 10, 2026
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India’s steel exports rise 11% in October; imports moderate for the first time this fiscal

November 11, 2024 EXPORT, Global Trade, Import, Trade, Trending News
NEW DELHI : Indian steel exports witnessed its first uptick this fiscal with there being an 11 per cent sequential rise in October (compared to the previous month) to 0.44 million tonnes (mt). Outbound shipments in

India’s Crude Oil imports fall amid refinery shutdowns and West Asia tension

November 5, 2024 Fuel, Import, Oil Refinery, Shipping, Trade, Trending News
NEW DELHI : India’s crude oil imports in October declined to a 13-month low amid maintenance-related shutdowns at some refineries and the geopolitical crisis in West Asia which led to fears of high volatility

Indonesia plans to import 1 million tonnes of rice from India in 2025

November 2, 2024 Import, Global Trade, Trending News
Indonesia is considering a plan to import 1 million metric tons of rice from India in 2025 to secure supply until its main harvest, Coordinating Minister for Food Affairs Zulkifli Hasan said after a

Consultations soon to draw roadmap for laptop import policy

October 15, 2024 Import, Finance, Global Trade, Trending News
NEW DELHI : The Ministry of Electronics and IT (MeitY) will soon start consultations with the industry to finalise the contours of the guidelines for the import management system for laptops and other IT

DGFT imposes import curbs on parts of pocket lighters with immediate effect

October 14, 2024 Import, COMMERCE, Economy, Trade, Trending News
NEW DELHI : The Central Government on Sunday imposed import curbs on parts of pocket lighters with immediate effect, a move which would help encourage domestic manufacturing and cut dependence on their inbound shipments

Buy Indian goods to cut imports : Piyush Goyal at UPITS 2024

September 30, 2024 Import, Global Trade, Trade, Trending News
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal on Saturday called for increased usage of made-in-India goods in order to promote domestic manufacturing and cut the country’s imports. Speaking at the

DGFT notifies extension of import regime for laptops till December 31

September 28, 2024 Import, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has notified the extension of the import management system for laptops and other IT hardware products for three more months—till December 31—and asked companies

Port of Rotterdam’s Secure Chain handles 500,000th import container

September 23, 2024 International Shipping, Container, Foreign Ports, Global Trade, Import, Maritime, Trending News
ROTTERDAM : The Port of Rotterdam’s Secure Chain has handled the 500,000th import container. The new operational approach is now standard practice in Rotterdam for all import containers from Latin America (since 1 April) and North America (since

India emerging as leading source of vehicle imports for South Africa

September 18, 2024 Import, Business, Trade, Trending News
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+ Research Report 2024, as India’s establishment

India’s import duties are too high, must come down : CEA Nageswaran

September 17, 2024 Import, Economy, Finance, Global Trade, Trade, Trending News
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 a “challenge”, Nageswaran said that tariffs
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