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Imports

India's Merchandise Imports To Cross $700 Billion In FY23 On Higher Crude, Coal Shipments: GTRI

Six product categories - petroleum, crude oil; coal, coke; diamond, precious metals; chemicals, pharma, rubber, plastics; electronics; and machinery - account for 82 per cent of India's total merchandise imports

29 March 2023

A Cargo Ship Carrying Goods

Govt To Come Up With 58 Quality Control Orders To Stop Imports Of Sub-Standard Goods

The department for promotion of industry and internal trade (DPIIT) is working hard to promote manufacturing of high quality products in the country

05 March 2023

Union Budget 2023-24

Customs Duty Changes In Budget Will Promote Make In India Initiative: GTRI

Customs duty changes fall into four broad groups - duty hike , duty reduction, correcting inverted duty structure, and reducing the number of duty slabs

03 February 2023

Exports.

India's Goods, Services Exports To Cross $760 Billion In FY23

Goyal stressed that over the last 9 years, the focus of the Modi-government has been on building the foundation blocks which are necessary for an economy to have many years of uninterrupted and sustainable growth

28 March 2023

Budget 2023-24 And India’s Imports, Exports, And Current Account Deficit

Budget 2023-24 And India’s Imports, Exports, And Current Account Deficit

Customs duty on articles of precious metals such as gold, silver, and platinum has been increased from 20% to 25%. This will improve domestic production and enhance import substitution in this sector. Customs duty on...

06 February 2023

India Will Cut Import Tariff On Pecans By 70%

India Will Cut Import Tariff On Pecans By 70%; Says Senator Jon Ossoff

Ossoff said India’s high pecan tariffs have prevented Georgia pecan exports to this market of more than one billion consumers

02 February 2023

Exports.

India's Exports Dip 8.8% To $33.88 Billion In February

During April-February this fiscal, however, the country's overall merchandise exports rose by 7.5 per cent to $405.94 billion

15 March 2023

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Foreign Shipping Lines May Stop Services For Cash-Strapped Pakistan

Foreign Shipping Lines May Stop Services For Cash-Strapped Pakistan: Report

The PSAA chairman also wrote letters to State Bank of Pakistan (SBP) Governor Jameel Ahmed, Commerce Minister Syed Naveed Namar, and Maritime Affairs Minister Faisal Sabzwari, the Dawn newspaper reported

22 January 2023

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16 January 2023
India's Exports In December 2022 Dipped By 12.2%

India's Exports In December 2022 Dipped By 12.2%

Imports in December 2022 also declined to USD 58.24 billion as against USD 60.33 billion in the same month last year


10 January 2023
Govt Asks Power Producers To Ensure Timely Import Of Coal; Increase Production In Captive Mines

Govt Asks Power Producers To Ensure Timely Import Of Coal; Increase Production In Captive Mines

Directions have been given to all gencos including independent power producers (IPPs) for timely import of coal for blending purposes and maximising production...


04 January 2023
India Initiates Anti-Dumping Probe Into Import Of Vitamin From China, European Union

India Initiates Anti-Dumping Probe Into Import Of Vitamin From China, European Union

Piramal Pharma Ltd has filed a petition before the DGTR seeking imposition of anti-dumping duty on the imports


01 January 2023
GST Revenues Grow 15% To Rs 1.49 Lakh Crore In December

GST Revenues Grow 15% To Rs 1.49 Lakh Crore In December

The revenues for the month of December 2022 are 15 per cent higher than the GST revenues in the same month last year


25 December 2022
Reduce Basic Customs Duty On Critical Raw Materials For Aluminium Sector: Assocham

Reduce Basic Customs Duty On Critical Raw Materials For Aluminium Sector: Assocham

In a bid to improve the cost structure of the Indian aluminium industry and enhance competitiveness, the basic customs duty on critical raw materials should be...


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11 December 2022
Sixth Round Of India-UK FTA Talks To Begin From Monday

Sixth Round Of India-UK FTA Talks To Begin From Monday

The negotiations are happening after a brief gap due to recent political developments in the UK


07 December 2022
Commerce Ministry Shares With Exporters Russia's List Of Goods For Import From India

Commerce Ministry Shares With Exporters Russia's List Of Goods For Import From India

Russia, on which sanctions have been imposed by western countries due to its invasion of Ukraine, has shared a list of hundreds of items from sectors including...


23 November 2022
India-Australia FTA; India Inc Hails India-Australia Free Trade Agreement

India-Australia FTA; India Inc Hails India-Australia Free Trade Agreement

"The agreement, once implemented, will provide duty-free access to the Australian market for over 6,000 broad sectors of India, including textiles, leather,...


14 November 2022
Centre Mulls Launching PLI Scheme For Container Manufacturing: Report

Centre Mulls Launching PLI Scheme For Container Manufacturing: Report

India currently imports a substantial portion of its containers from China since it lacks a stable market for container production.


13 November 2022
How Can The Private Sector Help India Become A Net Defence Exporter?

How Can The Private Sector Help India Become A Net Defence Exporter?

Over-reliance on foreign original equipment manufacturers (OEM) for their technology has long been a cause of worry for private defence manufacturers


19 October 2022
Pakistan ‘Actively Considering’ To Import Oil From Russia

Pakistan ‘Actively Considering’ To Import Oil From Russia

Pakistan’s finance minister Ishfaq Dar said Pakistan is actively considering buying oil from Russia but it should be at a price which is lower or at par with...


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15 October 2022
Exports Rise Nearly 5% To $35.45 Billion in September

Exports Rise Nearly 5% To $35.45 Billion in September

The data shows that in April-September 2022, these exports recorded a total growth of $16.96 billion to $231.88 billion and the imports rose by 38.55 per cent...


19 September 2022
Current Account Deficit Seen Hitting A 36-Quarter High At 3.4% In Q1

Current Account Deficit Seen Hitting A 36-Quarter High At 3.4% In Q1

Growth slowdown and high inflation in advanced economies coupled with disruptions in the global supply chains have begun to impact exports as it grew at a...


30 August 2022
No Plans As Of Now To Curb Rice Exports: Government

No Plans As Of Now To Curb Rice Exports: Government

India, the world's second-largest rice producer after China, commands a 40 per cent share in the global trade


12 August 2022
India's Exports Rise By 2.14% To $36.27 Billion In July

India's Exports Rise By 2.14% To $36.27 Billion In July

Imports shot up by 43.61 per cent to $66.27 billion in the month compared to July 2021, the data showed


07 August 2022
China’s Export Growth Continues To Rise

China’s Export Growth Continues To Rise

China's total trade surplus reached an all-time high of $101.3 billion in July, breaking the record set in June.


02 August 2022
India's Exports Dips Marginally To $35.24 Billion In July

India's Exports Dips Marginally To $35.24 Billion In July

As per the data, the gold imports almost halved to $2.37 billion in July compared to $4.2 billion a year ago


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