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- May 16th, 2024
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[ad_1] India's imports of goods from countries with which it has a free trade agreement like the UAE, South Korea and Australia grew about 38 per cent during 2019-24 fiscal years to $187.92 billion, according to think tank GTRI.Also read:India...
[ad_1] India's coal import rose by 7.7 per cent to 268.24 million tonne (mt) in FY24 driven by softness in seaborne prices and likelihood of increase in power demand during summer. The country's coal import was 249.06 mt in FY23,...
[ad_1] China has emerged as the largest trading partner of India with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank GTRI. The bilateral trade between India and the US...
[ad_1] As countries such as Brazil and Argentina start expanding acreages under black matpe or urad, India the largest consumer of pulses, expects increase in imports from those nations. Presently, Myanmar has been the main supplier of urad to India....
[ad_1] With Australia eager to expedite negotiations on the proposed full-fledged Comprehensive Economic Cooperation Agreement (CECA) with India soon after the country’s general elections are over, the Commerce Department, is collecting inputs from the Indian industry on non-tariff barriers faced...
[ad_1] With prices of pulses showing no signs of cooling off, the Centre has taken further steps to boost the supplies by removing the duty on desi chana (Bengal gram) while extending the import window for yellow peas till October...
[ad_1] With increasing India's dependence on Chinese industrial goods like telecom, machinery and electronics, Beijing's share in New Delhi's imports of such goods rose to 30 per cent from 21 per cent in the last 15 years, a report said.Also...
[ad_1] Indiaâs major ports saw a 5 per cent-odd y-o-y increase in cargo traffic, including container movement, to 819.3 million tonnes (mt), driven by rising iron ore exports and increasing coking coal imports. Cargo traffic in the earlier fiscal (FY23)...
[ad_1] Importers of seven IT hardware items including laptops, personal computers and tablets will stay in suspense for some more time over what India’s import policy on the products would be once the existing notification on obtaining automatic authorisations through an...
[ad_1] Indiaâs coking coal imports are at a 10-year high with shipments of 58 million tonnes (mt) coming in during FY24, driven by high demand from steel mills. Imports rose seven per cent y-o-y (from 54.3 mt in FY23) and...
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