Page 12 - Imports

Govt puts import curbs on certain waste, scrap of precious metals

The DGFT amended the import policy for ash containing precious metal or precious metal compounds, including gold, platinum and silver, to "restricted" from "free"

Nepal bans import of luxurious items to save declining forex reserves

Earlier in March, the central bank had instructed the commercial banks not to import gold exceeding 10 kg per day, half the quantity compared to the previous provision

It's not in India's interest to increase imports of Russian energy: WH

India buys less than one per cent of its total oil imports from Russia

Increased duty on imported goods to add fillip to self-reliance, says FM

Sitharaman said the Atma Nirbhar philosophy is a guiding principle but it is not blindly applied in a manner that it affected the Indian interests.

Sri Lankan economy facing mounting debt crisis, urgent reforms needed: IMF

Sri Lanka is currently reeling under a severe foreign exchange crisis with falling reserves and the government is unable to foot the bill for essential imports

Japan's trade deficit soars to 8-year high as commodity imports jump

The growing trade deficit highlights the world's third-largest economy's vulnerability to soaring commodity costs, on which manufacturers rely for production at home

Govt bans import of foreign drones to boost Make in India, lists exceptions

The decision has been taken with a view to promote local manufacturing under Make in India scheme

India initiates anti-dumping probe against imports of vinyl tiles

They have submitted that the industry and the product are at a nascent stage

Japan's Dec exports, imports hit record high by value as supply eases

However, a persistent semiconductor shortage remains a headache for Japanese firms such as automaker Toyota

India's sea cargo tonnage near pre-pandemic levels

Reaching the pre-pandemic levels in exports and imports, even in volume ter­ms, is no mean achievem­ent

Big drop in toy imports in last three years, says Piyush Goyal

He said the government is protecting the interest of the domestic toy industry

Too early to celebrate economic recovery in India: Arvind Subramanian

Stock markets reflect the Indian economy less. It would be a kind of policy mistake to infer from this (stock boom) anything about the diverse Indian economy, said Subramanian

US Congress passes bill banning imports from China's Xinjiang

US Congress on Thursday passed a bill banning imports from China's Xinjiang region over forced labour of the Uyghur Muslims.This is likely to worsen tensions between Washington and Beijing. The Uyghur Forced Labour Prevention Act was passed in the Senate on Thursday by unanimous consent after being approved by the House of Representatives earlier this week, Kyodo News reported.It needs to be signed into law by President Joe Biden, which the White House said he will.It requires U.S. customs authorities to presume goods manufactured in Xinjiang are made with forced labour and that they should be banned from import, except for items from importers that can provide clear evidence to the contrary."This Senate will not stay silent in the face of genocide against the Uyghur people," Democratic Senate Majority Leader Chuck Schumer tweeted. "America will not stand for it, and the global community shouldn't either."China has been rebuked globally for the crackdown on Uyghur Muslims by sending ..

Imports made up 86% of India's gold supply between 2016-2020: WGC

Imports made up 86 per cent of India's gold supply between 2016-2020, and inbound shipments continue to grow despite high import duty, as per a report by the World Gold Council (WGC)

Soaring imports to push India's CAD to 1.9% this fiscal year : Report

Trade deficit--the difference between a country's imports and exports -- has been rising and remains sticky

India cannot depend on imports for essential goods, says Sitharaman

India must become more self-reliant, after the pandemic disrupted supply chains and showed the risks of depending on exports for essential risks, the finance minister said

Aim to cut imports, Commerce Ministry shares list of items with ministries

The cumulative share of these items is 57.66 per cent in total import during the March-August 2021 period

Merchandise exports rise 42.33% to $35.47 billion in October

The merchandise imports surged 62.49 per cent to $55.37 billion

Ports' right to bar imports needs review

The advisory applies to all terminals operated by APSEZ and third-party terminals at any of its 13 domestic ports in seven maritime states. This decision raises a number of issues

FinMin should review DRI demand for social welfare surcharge

The law is quite clear that SWS is to be calculated at the rate of 10 per cent on the BCD levied and collected