June 8, 2026
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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,

Coal imports to India in October 2023 reached highest levels in nearly a year and a half

November 27, 2023 Import, Trade, Trending News
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

November 25, 2023 Export - Import, Economy, EXPORT, Global Trade, Import, Trade, Trending News
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

Paper imports jump 43% in H1 of FY24 : IPMA

November 25, 2023 Import, Business, Economy, Trade, Trending News
CHENNAI : Following a 25% jump in FY23 in volume terms, India’s paper imports have further gone up by a staggering 43% in the first half of FY24, reveals data released by DGCI&S. The massive growth

DGFT; Allows India-UAE TRQ holders to import Gold via IIBX and obtain physical delivery through IFSCA-Registered Vaults in SEZs

November 23, 2023 DGFT, Global Trade, Import, Trade, Trending News
NEW DELHI : The DGFT vide Notification No. 44/2023 dated November 20, 2023, has amended the import policy conditions for Gold under HS Code 71081200 in Chapter 71 of Schedule I (Import Policy) of ITC

Duty-Free : Amitabh Kant advises minimum duty on certain imports for maximum exports

November 21, 2023 Export - Import, COMMERCE, EXPORT, Global Trade, Import, Trade, Trending News
NEW DELHI : India should scrap import duties on inputs used in the manufacture of products that are exported, particularly high value-added items like smart phones and electric vehicles, G20 Sherpa Amitabh Kant said.

India ship regulator to take government advice on sanctioned Russian oil vessel

November 20, 2023 International Shipping, Import, Maritime, Ports, Shipping, Trending News
NEW DELHI : India’s shipping ministry will follow foreign ministry advice when deciding whether to allow a ship carrying Russian oil that has been placed under U.S. sanctions to berth at an Indian port,
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