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Page 15 - Imports

US remains key forex source for India, accounts for 15-17% of goods exports

China remains the main source of India's imports, with the US at a distant fifth place

US remains key forex source for India, accounts for 15-17% of goods exports
Updated On : 20 Jan 2021 | 11:11 PM IST

Budget seen raising import duties by 5%-10% on dozens of items: Report

Finance Minister Nirmala Sitharaman will unveil the budget on Feb. 1

Budget seen raising import duties by 5%-10% on dozens of items: Report
Updated On : 18 Jan 2021 | 11:58 PM IST

Both exports and imports record growth in December; first time since Feb

Trade deficit at 25-month high as imports surge 8% after continuous declines; Data shows industrial activity picking up in December

Both exports and imports record growth in December; first time since Feb
Updated On : 16 Jan 2021 | 9:35 AM IST

Government removes import restrictions on room and car fresheners

A notification in this regard was issued by the Directorate General of Foreign Trade (DGFT), under the commerce ministry

Government removes import restrictions on room and car fresheners
Updated On : 02 Jan 2021 | 12:12 AM IST

Exports decline for second month in a row, trade deficit at ten-month high

Exports fell sharper at 8.7% in November from 5.1% in October, as demand remained muted in major overseas markets due to Covid-induced lockdowns

Exports decline for second month in a row, trade deficit at ten-month high
Updated On : 16 Dec 2020 | 1:08 AM IST

China suspends fish imports from Indian firm after coronavirus detected

China's General Administration of Customs suspended the import of seafood products from an Indian company for one week starting from Friday after Covid-19 was found on the outer packaging

China suspends fish imports from Indian firm after coronavirus detected
Updated On : 14 Nov 2020 | 1:55 AM IST

India's exports dip 5.12% in Oct; trade deficit narrows to $8.71 billion

Imports also fell 11.53 per cent to $33.6 billion (year-on-year) in October 2020

India's exports dip 5.12% in Oct; trade deficit narrows to $8.71 billion
Updated On : 13 Nov 2020 | 7:13 PM IST

China looks to 'punish' Australia: Lobsters, wine and coal become targets

China's blacklist -- delivered verbally to commodities traders -- includes coal, barley, copper, sugar, timber, wine and lobster

China looks to 'punish' Australia: Lobsters, wine and coal become targets
Updated On : 04 Nov 2020 | 7:43 AM IST

Sea change in customs clearance as govt addresses complaints over delays

74 per cent of consignments at ports got nod in less than 48 hours on Sunday

Sea change in customs clearance as govt addresses complaints over delays
Updated On : 27 Oct 2020 | 2:05 AM IST

Customs clearance regulations making importers nervous

The government has raised import duties on several items and restricted import of many items subjecting them to import licensing

Customs clearance regulations making importers nervous
Updated On : 26 Oct 2020 | 1:47 AM IST

Raghuram Rajan warns against import substitution under Aatmanirbhar Bharat

Rajan said in order to export, one needs to be able to import things that go into those exports as cheaply as it can

Raghuram Rajan warns against import substitution under Aatmanirbhar Bharat
Updated On : 21 Oct 2020 | 11:01 PM IST

United States and Brazil must reduce dependence on China imports: Pompeo

"Each of our two peoples will be more secure, and each of our two nations will be far more prosperous, whether that's two or five or 10 years from now," he added

United States and Brazil must reduce dependence on China imports: Pompeo
Updated On : 20 Oct 2020 | 3:53 PM IST

Fix a sunset date

Open-ended tariff protection will affect competitiveness

Fix a sunset date
Updated On : 19 Oct 2020 | 11:26 PM IST

DGFT's new rules for AC imports: Right move with little impact, say experts

While companies cannot import gas-filled AC units, there are no curbs on importing similar AC units without refrigerant

DGFT's new rules for AC imports: Right move with little impact, say experts
Updated On : 16 Oct 2020 | 6:25 PM IST
Exports rise for the first time in seven months, up almost 6% in September
Updated On : 16 Oct 2020 | 1:46 AM IST

India's exports rise 6% to $27.58 bn in Sept, imports decline 19.6%

The trade deficit in September was $2.72 billion, compared to $11.67 billion in the year-ago month

India's exports rise 6% to $27.58 bn in Sept, imports decline 19.6%
Updated On : 15 Oct 2020 | 9:27 PM IST

Blind imposition of import restrictions hits exporters hard

The task of getting their goods to the buyers in time at reasonable costs is getting more difficult for the exporters

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Updated On : 12 Oct 2020 | 12:55 AM IST

Competition Commission rejects ILMA complaint against 19 chemical importers

CCI disposed of a complaint filed by the Indian Laminate Manufacturer's Association (ILMA) alleging formation of a cartel among 19 importers of phenol, a major raw material for making sunmica

Competition Commission rejects ILMA complaint against 19 chemical importers
Updated On : 09 Oct 2020 | 4:58 PM IST

US trade deficit jumps to largest in 14 years in August as imports grow

The US trade deficit surged in August to the largest in 14 years with imports climbing again, suggesting that trade could be a drag on economic growth in the third quarter

US trade deficit jumps to largest in 14 years in August as imports grow
Updated On : 06 Oct 2020 | 7:59 PM IST

Govt expands scope of steel import monitoring

The importer can apply for registration not earlier than 60th day and not later than 15 days before the expected date of arrival of import consignment

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Updated On : 04 Oct 2020 | 10:17 PM IST