March 10, 2026
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Transactions in rupee-mode not successful for payment of oil imports

December 26, 2023 Import, Global Trade, Trending News
NEW DELHI : India’s push for rupee to be used to pay for import of crude oil has not found any takers as suppliers have expressed concern on repatriation of funds and high transactional

India considering Port-based quality testing labs to check steel imports

December 22, 2023 Import, Ports, Trending News
MUMBAI : India’s Ministry of Steel is considering setting up a quality testing laboratory at Jawaharlal Nehru Port Trust (JNPT) in Mumbai to check imports of steel into the country, governmentsources said on Thursday,

Laptop and PC import curbs for national security : India to WTO

December 13, 2023 Import, Trade, Trending News
NEW DELHI : India has told the World Trade Organization (WTO) that its decision to restrict the imports of personal computers, laptops and other IT hardware products aims to prevent deceptive practices, collect trade

India offers cut in ICT import duties to fast-track EU FTA

December 12, 2023 Import, Trade, Trending News
NEW DELHI : India has sought to settle a long-standing dispute with the European Union (EU) by offering exclusive import duty concessions for certain information technology products, under the proposed bilateral free trade agreement

India spent Rs 27,131 Cr in FY23 on import of copper

December 12, 2023 Import, Trade, Trending News
NEW DELHI : India spent Rs 27,131 crore on copper imports in 2022-23, up from Rs 21,985 crore a year earlier, Parliament was informed on Monday. On account of low availability of copper reserves

India, the world’s third biggest oil importer and consumer, emerged as the biggest buyer of Russian seaborne oil

December 11, 2023 Fuel, Import, Trade, Trending News
NEW DELHI : Easing global oil prices would help India boost imports from Russia, a senior government official said on Friday, as a lower than $60 a barrel price of Russian oil will enable

Southern spinning sector seeks Central and State Governments’ urgent relief measures to sustain livelihood of families

December 9, 2023 Trending News, Business, COMMERCE, EXPORT, Global Trade, Import, Trade
CHENNAI : The Southern States, particularly Tamil Nadu, Andhra Pradesh and Telangana that account around 55% of the spinning capacity in the country have been facing a long-drawn recession during the last 18 months

India is looking for deal with Argentina & Brazil for pulses imports

December 5, 2023 Import, EXPORT, Global Trade, Trade, Trending News
NEW DELHI : After signing memorandum of understandings (MoUs) with Mozambique, Malawi and Myanmar for importing pulses, India has approached Argentina and Brazil for deals under which the South American countries will undertake to

LNG imports in India to escalate in 2024, fueled by power and fertilizer sector demand

December 5, 2023 LNG, Import, Trade, Trending News
NEW DELHI : India’s liquefied natural gas (LNG) imports are projected to rise significantly in 2024, driven by ongoing demand in the power, industrial, and fertilizer sectors, with a forecasted year-on-year growth of approximately

India ahead of rest of Asia : India’s merchandise exports up 6.2% YoY in Oct 2023, likely to enable narrower CAD in FY24

November 30, 2023 EXPORT, Business, COMMERCE, Export - Import, Import, Trade, Trending News
NEW DELHI : India’s Merchandise Exports were up 6.2 per cent YoY in October 2023 and 2.4 per cent on YoY basis in Aug-Oct’23 period, recovering slightly ahead of the rest of Asia’s exports,
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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