Page 5 - India Imports

Reliance flags crude supply risks amid US tariff blow on Indian exports

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

Trump's first tranche of 25% tariffs on Indian imports take effect

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 buys record soyoil from China as prices fall below South America

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

Govt imports nearly 1 million tonnes of DAP in Apr-Jun, shows Govt data

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 exports to US jump 23.5% in June; imports fall over 10%

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

India's exports flat at $35.14 bn in June; trade gap at $18.78 bn

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

Govt to launch ₹1,345 crore scheme for rare earth magnet production

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

Trade conundrum with China: Cautious steps need of the hour, say experts

Over the last few years, India's exports to China have been contracting but imports have been on the rise

India curbs jute imports from Bangladesh to protect domestic industry

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

After magnets, China halts speciality fertiliser shipments to India

China has reportedly stopped inspecting fertiliser shipments to India, effectively halting exports without an official ban as India relies heavily on Chinese supply

Inventories of rare earth magnets may run dry by mid-July, says Icra

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

India, China in talks on rare earths to ensure supply predictability: MEA

"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

China's rare earth ban to have short term hit; seeking alternatives: Goyal

Union Minister Piyush Goyal said that the Indian embassy is in dialogue with China and the commerce ministry is also working on the issue

India hunts for rare earth magnet alternatives as China tightens grip

China holds around 50% of the world's rare earth reserves, 70% of extraction capacity, and over 90% of processing capability

India eyes rare earth magnet incentives amid mounting supply concerns

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

Datanomics: Imports of readymade garments from B'desh to suffer amid curbs

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

Andean aspirations: Why is India cosying up to Chile for a trade deal?

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

India to defend import curbs on copper in legal battle with trade groups

India, the world's second-largest importer of refined copper, relies on imports to address shortfalls and meet robust demand in sectors such as energy, defence, automotives and infrastructure

UK dismisses idea that British workers being 'sold out' in India trade deal

British opposition parties accused the government of signing up to a deal that would unfairly benefit India

Pahalgam attack: Pakistan shuts ports for Indian ships in tit-for-tat move

In a directive issued by Pakistan's Ministry of Maritime Affairs, Indian flag carriers would no longer be permitted at any Pakistani port