India on Monday banned imports of certain jute products and ropes from Bangladesh through all land routes with immediate effect, amid strained relations between the two countries. However, according to a notification of the Directorate General of Foreign Trade (DGFT), these imports are allowed through the Nhava Sheva Seaport. "Imports from Bangladesh shall not be allowed from any land port on the India-Bangladesh Border," it said, adding, "Import of certain goods from Bangladesh to India is regulated with immediate effect." The products included in the list are bleached and unbleached woven fabrics of Jute or of other textile bast fibre; twine, cordage, rope of jute; and sacks and bags of jute. Earlier on June 27, India prohibited imports of a number of jute products and woven fabrics from Bangladesh through all land routes. Those imports are, however, allowed only through Nhava Sheva seaport in Maharashtra. The curbs were imposed on items such as jute products, flax tow and waste
India's exposure to US imports is limited, but sectors like aerospace, LNG, and high-end tech remain strategically vulnerable
India is scouting new export destinations in South Asia, Africa, and Latin America after US imposed additional tariffs on goods over Russian crude oil imports
Reliance warns of refining margin pressure as US doubles tariffs on Indian goods to 50 per cent over Russian oil imports; 25 per cent came into effect on Thursday, second 25 per cent begins August 27
The US imposes 25 per cent tariff on Indian imports from August 7; second 25 per cent duty over Russian oil trade kicks in August 27, raising total tariff to 50 per cent - highest among US partners
India has imported a record 150,000 tonnes of soyoil from China, driven by steep discounts and faster shipping, as Chinese crushers seek to clear excess stock amid slowing domestic demand
India has imported 9.74 lakh tonnes of di-ammonium phosphate (DAP) during the April-June quarter to meet domestic demand, the government said on Tuesday. In a written reply to Rajya Sabha, Minister of State for Chemicals and Fertilisers Anupriya Patel shared the data of DAP imports for the current year, as reported by the companies. As per the data, India imported 2.89 lakh tonnes of DAP in April, 2.36 lakh tonnes in May and 4.49 lakh tonnes in June. Imports of DAP, a key fertiliser, stood at 45.69 lakh tonnes in 2024-25 fiscal, 55.67 lakh tonnes in 2023-24, 65.83 lakh tonnes in 2022-23, 54.62 lakh tonnes in 2021-22, and 48.82 lakh tonnes during 2020-21. "The government is ensuring adequate availability of fertilizers to meet the Kharif 2025 requirement...The requirement for chemical fertilizers during the 2025 Kharif season (is) marginally higher than that of the previous year, owing to expanded sowing coverage and favourable monsoon conditions," Patel said. From April 2010, the
India's goods exports to the US rose by 23.53 per cent to USD 8.3 billion in June while imports dipped by 10.61 per cent to about USD 4 billion during the month, according to the commerce ministry data. During April-June, the country's exports to the US increased by 22.18 per cent to USD 25.51 billion, while imports rose 11.68 per cent to USD 12.86 billion, the data showed. The US was the largest trading partner of India in the April-June quarter of 2025-26. India and the US are negotiating a bilateral trade agreement. The Indian team is in Washington for the fifth round of talks for the pact. China, another major trading partner of India, saw a 17.18 per cent jump in exports from India to USD 1.38 billion in June and a 17.87 per cent growth in April-June to USD 4.4 billion. Imports from the neighbouring country in June rose by 2.48 per cent to USD 9.51 billion while in the first quarter of 2025-26 by 16.33 per cent to USD 29.74 billion. Singapore, Germany, France, Brazil, and Ko
For the April-June quarter of the financial year 2025-26, exports rose 1.92 per cent to $112.17 billion, while imports increased 4.24 per cent to $179.44 billion
The Secretary of the Ministry of Heavy Industry said that eligible manufacturers must carry out end-to-end processing-from rare earth oxides to finished magnets
Over the last few years, India's exports to China have been contracting but imports have been on the rise
India has restricted jute and fibre imports from Bangladesh to only Nhava Sheva port, citing unfair trade practices, subsidies, and the need to protect domestic industry and rural jobs
China has reportedly stopped inspecting fertiliser shipments to India, effectively halting exports without an official ban as India relies heavily on Chinese supply
ICRA warns that rare-earth magnet inventories for EV motors may run dry by mid-July as China tightens export rules, leaving Indian auto makers facing serious supply disruption
"We are in touch with the Chinese side to bring predictability in supply chain for trade, consistent with international practices," said foreign ministry spokesperson Randhir Jaiswal
Union Minister Piyush Goyal said that the Indian embassy is in dialogue with China and the commerce ministry is also working on the issue
China holds around 50% of the world's rare earth reserves, 70% of extraction capacity, and over 90% of processing capability
To reduce its dependence on China for rare earth magnets, India is offering financial incentives to companies and drafting a plan to partly subsidise the price gap with Chinese imports
As on 31st March 2024, India had 12 operational land ports, out of which 6 were with Bangladesh. Two out of these six - Dawki and Sabroom became operational in 2023 and 2024 respectively
While both sides have shared trade interests such as agricultural products and services, the elephant in the room is Chiles expansive reserves of critical minerals, key among them being lithium