India moves from China to Taiwan for High-Tech imports
NEW DELHI : As relations between the two neighbours remain strained, India seems to be working to reduce its dependence on China for telecom instruments and electronic components by increasing its imports from Taiwan.
India’s crude oil imports from Russia now double of traditional top supplier Iraq
NEW DELHI : India now imports twice as much crude oil from Russia as it does from Iraq, the country’s traditional main oil supplier, reaching a new high of 1.64 million barrels per day
Imports stuck at ports due to payment glitches
MUMBAI : Import consignments are stuck at ports and terminals across the country, impacting several sectors since April 1, due to glitches in the new payment system. Highlighting the issue of non-payment of customs
Centers intervention against substandard items led to 67% decline in imports of Toys
NEW DELHI : The Government has taken proactive steps to restrict import of sub-standard and unsafe toys and to promote domestic toy industry. A Quality Control Order for Toys was issued on 25/02/2020, through
GAIL looks to import ethane via VLECs
NEW DELHI : GAIL, India’s primary gas pipeline operator, is seeking to revolutionise its petchem facilities by replacing current feedstocks with ethane imported from the US to compensate for the shortfall caused by the
DHL suspends ‘Import Express Product’ in Pakistan
KARACHI : Dalsey, Hillblom and Lynn (DHL), a global logistics company, announced the suspension of some of its operations partially in Pakistan due to the government’s restrictions on outbound remittances. DHL Pakistan has informed
‘India transitioning to Green Energy fast but will import from anywhere for energy security’: Hardeep Singh Puri
NEW DELHI : Union Minister for Petroleum & Natural Gas Shri Hardeep Singh Puri on Monday said India was world’s third largest energy consumer and it was not shy on importing from anywhere to
Import duty removal expected to help put India on world map as auto testing hub
NEW DELHI : To encourage foreign automakers to test their vehicles in India, the Centre has decided to remove import duty on automobiles brought in for testing at its agencies such as International Center