India spent Rs 27,131 Cr in FY23 on import of copper
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
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
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
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
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
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,
Coal imports to India in October 2023 reached highest levels in nearly a year and a half
NEW DELHI: In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2022 and an increase of 43.5% year on
Govt should cut import tax on goods to lessen need for export schemes : GTRI
NEW DELHI : Reducing import duties on inputs and capital goods could help the government cut down the need for many of the existing export schemes, think tank GTRI said on Friday. This would be