Page 7 - India Imports

Coronavirus: Indian industry may get to fill gap left by Chinese traders

The real impact of trade can be gauged after February 8, when the Chinese Lunar Year holidays end

Strict provisions across Customs rules to tighten the screws on imports

A string of measures includes specific provisions in rules governing anti-dumping, safeguards, and basic Customs duties.

Gifts from abroad facing Centre's ire

The Foreign Trade Policy (FTP) has, for decades, allowed import of gifts of freely importable items without any value limit

Govt imposes anti-subsidy duty on copper wire rods import from 4 nations

DGTR has recommended imposition of the duty on the imports of 'continuous cast copper wire rods' from Indonesia, Malaysia, Thailand and Vietnam

India's palm oil import curbs could trigger Malaysia, Indonesia price war

The Indian Ministry of Commerce and Industry issued a notification on Wednesday declaring that the import of refined palm oil is amended from 'Free' to 'Restricted'

India asks importers to buy palm oil from Indonesia, not Malaysia: Report

On Monday, the commerce ministry held a detailed meeting with edible oil industry stakeholders and asked them informally to avoid purchase of Malaysian palm oil, a government source said

Year closes on a gloomy note

Export, import, private investment, domestic demand, direct tax revenue, and indirect tax collection all show a declining trend

Back to square one on trade strategy

What's the strategy to revive the economy? Mere fundamentals will not do the trick

Govt orders probe into 'unknown' imports, revenue dept to provide details

India's overall imports stood at $514 billion in 2018-19, up by 11 per cent from the previous year

Govt may hike tariff on imports that escaped higher duties last year

Move ordered by Commerce Minister Piyush Goyal, is aimed at boosting domestic manufacturing

RCEP debate: Issue of diminishing returns from FTAs plagues India

The basic building block of the proposed RCEP - the Asean FTA - continues to be one-sided

Exports shrink for 3rd straight month; down 1.1% in Oct; imports fall 16.3%

Merchandise trade deficit remained relatively low at $11 billion after the $10.86-billion deficit in September

Goyal in US: Tariff on medical devices, agri imports dominate discussions

The meeting assumes significance at a time when New Delhi has openly backed a bilateral deal with the US - a significant change in its position

Govt widens scope for anti-dumping duty on jute yarn, sacks from Bangladesh

The duties are in the range of $97.19 per tonne and $125.21 per tonne

'Make in India' has become 'Buy from China': Rahul hits out at govt on RCEP

Asserting that "Make in India" has become "Buy from China", Congress leader Rahul Gandhi on Monday hit out at the RCEP and alleged that the proposed free trade deal will flood the country with cheap goods, resulting in millions of job losses and crippling the economy. Gandhi's takedown of the proposed trade agreement came as Prime Minister Narendra Modi was in Bangkok where negotiations for the long-overdue Regional Comprehensive Economic Partnership (RCEP) was heading towards finality. "'Make in India' has become 'Buy from China'. Each year we import Rs. 6,000 worth of goods from China for every Indian! A 100 per cent increase since 2014," the former Congress chief said in a tweet. "RCEP will flood India with cheap goods, resulting in millions of job losses & crippling the Indian economy," Gandhi said. His remarks come two days after Congress president Sonia Gandhi launched a blistering attack on the government's economic policies and said signing the RCEP agreement will deal a ..

India eyes more levies on refined palm oil imports to push local processing

Such a move by India could reduce refined palm shipments from top producers Indonesia and Malaysia

Best of BS Opinion: The importance of exports, the power of youth activists

Here's a selection of Business Standard opinion pieces for the day

Export promotion scheme, shopping fests: FM's new measures to boost exports

Make sense of all the announcements made by Finance Minister Nirmala Sitharaman for the exports sector

Exports drop 6% to $26.13 bn in August; trade deficit narrows to $13.45 bn

Oil imports declined by 8.9 per cent to $10.88 billion, and non-oil imports fell by 15 per cent to $28.71 billion

Low imports cast shadow on industry growth; no recovery soon, say experts

Non-oil, non-gold imports contract for 9th straight month in July