March 10, 2026
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Gold and silver import from UAE jumps 210%, need duty revision in FTA : GTRI

June 18, 2024 Import, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : India’s gold and silver imports from its Free Trade Agreement (FTA) partner UAE have skyrocketed 210 per cent to $10.7 billion in 2023-24 and there is a need to potentially revise

Indian Govt restricts gold jewellery imports from all countries except UAE

June 13, 2024 Import, Economy, Trade, Trending News
NEW DELHI : The import of gold in the form of jewellery has been restricted from all countries barring the United Arab Emirates (UAE), as per a notification issued by Director General of Foreign

Special Intelligence and Investigation Branch of Jawaharlal Nehru Custom House seizes smuggled Laptops, CPUs worth Rs. 4.11 Crores in Mumbai

June 11, 2024 Customs, Economy, Import, Trade, Trending News
MUMBAI : Special Intelligence and Investigation Branch (SIIB) (Import) made a major seizure at Jawaharlal Nehru Custom House (JNCH), Nhava Sheva here. The seizure includes 4600 old/used refurbished laptops of various brands (Dell, HP,

CBIC clarifies on display assembly of phones for levy of 10% import duty

June 10, 2024 Customs, Economy, Import, Trade, Trending News
NEW DELHI : The CBIC on Friday listed out parts or components, such as touch panel, cover glass, LED backlight, which constitute the display assembly of a mobile phone and will attract 10 per

Laptop and Tablet imports from China surged 47% to $273.6 million in March

May 23, 2024 Import, Global Trade, Trending News
NEW DELHI : Five months after India started monitoring imports of major electronic hardware products, inbound shipments of personal computers (PCs), including laptops and tablets, from China surged by 47.1 per cent to $273.6

Maldives said India and China have agreed to cooperate in paying in local currency for imports

May 23, 2024 Import, Economy, Global Trade, Trending News
MALE : The 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 the US dollar, which is likely

Trade ties with India suspended due to ‘heavy duties’: Pakistan Foreign Minister

May 20, 2024 Trade, Import, Trending News
ISLAMABAD : Foreign Minister Ishaq Dar has said that trade ties between Islamabad and New Delhi have remained suspended since 2019 due to the imposition of “heavy duties” by India on imports from Pakistan

Lower crude oil prices likely to tilt Indian imports towards Iraq and UAE

May 20, 2024 Import, Fuel, Infrastructure, Trending News
NEW DELHI : Industry sources have said that crude oil purchases in the first quarter (April-June) of 2024-25 would remain tilted towards Russia if Brent crude prices remain above $81 per barrel, officials at

Israel to abolish free trade deal with Turkey, impose 100% tariff on Turkish imports : Finance Minister

May 18, 2024 Import, Economy, Trade, Trending News
JERUSALEM : Israeli Finance Minister Bezalel Smotrich on Thursday said Israel would abolish its free trade agreement with Turkey and also impose a 100 per cent tariff on other imports from Turkey in retaliation

India saved $25 billion by importing Russian crude oil : Ministry data

May 14, 2024 Trending News, Fuel, Import, Trade
NEW DELHI : Russian crude supplies and lower international oil prices helped India to save over $25 billion worth of foreign exchange in the year ended March 31 compared to 2022-23, although it imported
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