Switzerland, UAE, China lead double digit imports growth in February
NEW DELHI : A jump in imports from Switzerland, the United Arab Emirates (UAE) and China led to a double-digit increase in India’s imports in February, propelling them to a 17-month high. After growth
US-bound ship hits Bharat Petroleum crude import facility
JAMNAGAR : A US-bound vessel from Sikka Port in Gujarat accidentally hit a Bharat Petroleum Corp’s (BPCL) crude import facility late on Sunday, two sources told on Monday. The extent of the damage was
Union Govt launches mission to boost oilseeds’ production and to reduce imports of cooking oils
GOGAMUKH : Union Agriculture Minister Shri Arjun Munda on Monday said the government has launched a mission to boost production of oilseeds and reduce imports of cooking oils. The minister virtually inaugurated administrative-cum-academic building, Manas Guest House, Subansiri Girls Hostel
Centre warns of price cap on Tur Dal imports
NEW DELHI : The Centre warned the industry that it may impose a price cap on imported tur dal to keep domestic prices in control as it is concerned about monopoly suppliers of Myanmar and Mozambique. In a meeting held with the pulses industry and trade
India’s pulses demand to grow exponentially as economy set to reach $5 tonnes : DGFT
NEW DELHI : As India imports over 3 million tonnes (mt) of pulses annually even as production has jumped substantially, the Government sees the gap between demand and supply continuing. This is even as
Mundra Port, Garhi Harsaru ICD get DGFT nod for new vehicle imports
NEW DELHI : The government has added Mundra Port and Garhi Harsaru Inland Container Depot (ICD) to the list of terminals through which import of new vehicles is allowed, according to a notification. With the addition of two
India increases import duty on gold and silver findings, coins of precious metals to 15%
NEW DELHI : The Finance Ministry has increased import duties on gold and silver findings, as well as coins of precious metals, to 15%. This comprises a Basic Customs Duty (BCD) of 10% and
India’s sunoil imports to falter as Red Sea attacks lift freight costs
NEW DELHI : India’s sunflower oil imports are set to decline in coming months as a rally in prices, driven by a surge in freight rates, is prompting buyers to shift to rival vegetable oils available