Imports

Showing of 1 - 20 from 217 results
Imports - Total results - 217
Coronavirus Lockdown: Commerce minister Piyush Goyal expects better exports performance in May, June
Business

Coronavirus Lockdown: Commerce minister Piyush Goyal expects better exports performance in May, June

The performance of the country's exports is expected to be better in May and June as compared to the steep fall recorded in April, when the shipments contracted to an all-time high of 60.28 percent, Commerce and Industry Minister Piyush Goyal said on Thursday

RBI monetary policy: Central bank extends Rs 15,000-cr credit line to EXIM Bank to help revive sagging foreign trade
Business

RBI monetary policy: Central bank extends Rs 15,000-cr credit line to EXIM Bank to help revive sagging foreign trade

The Reserve Bank on Friday announced a Rs 15,000-crore line of credit to the Export-Import Bank of India, to help the sagging foreign trade

Coronavirus impact: Barclays pegs India's current account surplus at $20 bn this fiscal, first-time in 14 years
Business

Coronavirus impact: Barclays pegs India's current account surplus at $20 bn this fiscal, first-time in 14 years

As imports continue to plunge due to the coronavirus-driven disruptions globally, India may end the current fiscal with a record surplus of about $20 billion or 70 bps of the GDP, says a report

IOC nears first deal to export fuel in second half of this year to Bangladesh Petroleum Corp
Business

IOC nears first deal to export fuel in second half of this year to Bangladesh Petroleum Corp

India Oil Corp, the country’s top refiner, is close to winning its first contract to supply diesel, jet fuel and gasoline in the second half of this year to state-run Bangladesh Petroleum Corp, two sources with knowledge of the matter said

Coronavirus: Govt asks major ports to defer rentals, waive charges, penalty in view of export-import cargo drop
Business

Coronavirus: Govt asks major ports to defer rentals, waive charges, penalty in view of export-import cargo drop

Noting a drop in export-import (EXIM) cargo due to supply chain disruptions on account of the COVID-19 pandemic, the government has asked India's all 12 major ports to defer the lease rentals and licence fees-related charges for April, May and June

Exports plunge 34.6% in March to $21.4 bn, steepest fall since FY09; imports down 28.7%
Business

Exports plunge 34.6% in March to $21.4 bn, steepest fall since FY09; imports down 28.7%

India's exports plunged by a record 34.57 per cent in March due to a steep decline in shipments of leather, gems and jewellery and petroleum products, dragging the total exports in 2019-20 down to $314.31 billion, official data showed on Wednesday

GST mop-up slips below Rs 1 lakh cr-mark first time in four months, March collection at Rs 97,597 cr
Business

GST mop-up slips below Rs 1 lakh cr-mark first time in four months, March collection at Rs 97,597 cr

GST collections in March slipped below the psychological Rs 1 lakh crore-mark for the first time in four months to Rs 97,597 crore as COVID-19 lockdown that shut most businesses compounded tax collections in an already sluggish economy

Coronavirus Outbreak: Commerce ministry sets up help desk to resolve import, export issues
Business

Coronavirus Outbreak: Commerce ministry sets up help desk to resolve import, export issues

The commerce ministry on Thursday said it has set up a help desk to resolve export- and import-related issues arising due the coronavirus outbreak

Gold imports dip 8.86% to $27 bn during Apr-Feb 2020; current account deficit narrows to $143 bn
Business

Gold imports dip 8.86% to $27 bn during Apr-Feb 2020; current account deficit narrows to $143 bn

Gold imports, which have a bearing on the country's current account deficit (CAD), fell 8.86 percent to $27 billion (about Rs 1.90 lakh crore) during April-February period of the current financial year, according to commerce ministry data

Exports post first rise in seven months, grow by 2.91% to $27.65 bn in February; imports up 2.48%
Business

Exports post first rise in seven months, grow by 2.91% to $27.65 bn in February; imports up 2.48%

India's exports rose for the first time in seven months in February growing by 2.91 percent to $27.65 billion, according to the commerce ministry data released on Friday

China January-February exports, imports seen slumping as coronavirus hits output, supply chains: Poll
Business

China January-February exports, imports seen slumping as coronavirus hits output, supply chains: Poll

China’s exports and imports likely tumbled in the first two months of the year, a Reuters poll showed, as the health crisis triggered by the coronavirus epidemic disrupted businesses and production and wreaked havoc along global supply chains

Coronavirus may impact India's March quarter GDP growth by 0.20% after epidemic hits imports from China for crucial sectors: Report
Business

Coronavirus may impact India's March quarter GDP growth by 0.20% after epidemic hits imports from China for crucial sectors: Report

The brokerage cut its fiscal 2020-21 real GDP growth estimate marginally to 5.6% as against the previous estimate of 5.7%, but added that there will be a recovery in the next financial year.

India on track to become self-sufficient in pulses production: Agriculture Minister Narendra Singh Tomar
Business

India on track to become self-sufficient in pulses production: Agriculture Minister Narendra Singh Tomar

India, the world's largest consumer and importer of pulses, is on track to become self-sufficient in production of the protein-rich commodity and will further boost the output to meet global demand, Agriculture Minister Narendra Singh Tomar said on Monday

Budget 2020: Cigarettes, imported products, furniture, footwear to become costlier; EVs, newsprint, sport goods to be cheaper
Business

Budget 2020: Cigarettes, imported products, furniture, footwear to become costlier; EVs, newsprint, sport goods to be cheaper

A large number of items including cigarettes, chewing tobacco along with imported products, like edible oils, fans, table, footwear, electric vehicles, tableware, kitchenware, toys and furniture are set to become more expensive due to hike in taxes proposed in the Union Budget for 2020-21

Bharti Airtel says Directorate General of Foreign Trade removed  its name from blacklist
Business

Bharti Airtel says Directorate General of Foreign Trade removed its name from blacklist

Bharti Airtel on Friday said its name has now been removed from the denied entry list for non-fulfilment of export obligation under an export promotion scheme

Budget 2020: Domestic telecom gear makers seek Rs 10,000 cr credit facility, purchase preference
Business

Budget 2020: Domestic telecom gear makers seek Rs 10,000 cr credit facility, purchase preference

Domestic telecom gear makers seek a Rs 10,000 crore line of credit facility from the government in the upcoming budget to bring them at par with foreign competitors, according to a wishlist submitted by the telecom committee at PHD Chamber of Commerce and Industry

Bharti Airtel says working with foreign trade regulator to remove name from 'Denied Entry List'
Business

Bharti Airtel says working with foreign trade regulator to remove name from 'Denied Entry List'

Bharti Airtel on Wednesday said it is working to get the company's name removed from 'Denied Entry List', but added that DGFT's latest action does not limit its ability to undertake future imports or exports

Commerce ministry puts Bharti Airtel in denied entry list for non-fulfilment of export obligation
Business

Commerce ministry puts Bharti Airtel in denied entry list for non-fulfilment of export obligation

The commerce ministry has put Bharti Airtel in denied entry list for non-fulfilment of export obligation under an export promotion scheme, sources said

Palm oil imports dip over 8% to 7.41 lakh tonnes in December: Solvent Extractors Association
Business

Palm oil imports dip over 8% to 7.41 lakh tonnes in December: Solvent Extractors Association

India's import of palm oils declined by 8.64 percent to 7,41,490 tonnes in December 2019, Industry body Solvent Extractors Association (SEA) said on Thursday

Exports contract for fifth straight month, drop 1.8% to $27.4 bn in December; trade deficit narrows
Business

Exports contract for fifth straight month, drop 1.8% to $27.4 bn in December; trade deficit narrows

The country's exports contracted for the fifth month in a row by 1.8 percent in December 2019 to $27.36 billion, according to data released by the commerce ministry on Wednesday