Tag: Import
14 Results
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India’s export declines by around 17% to $29.78 billion
India's exports declined by 16.65% to $29.78 billion in October 2022 in comparison to the same period a year ago, according to data released by the commerce ministry on Tuesday.
November 15, 2022 -
Coal Imports decline to 209 Million Ton in 2021-22
Coal imports grew at a compound annual growth rate (CAGR) of 22.86% during the period 2009-10 to 2013-14. At this CAGR, coal imports would have reached 705 MT in 2020-21 and further to 866 MT in 2021-22. The import of coal could be checked only by sustaining increased domestic supply over the years.
June 2, 2022 -
Sustainable mining of bauxite needed for India to be global aluminium hub (Ld)
India is the 3rd largest producer and consumer of aluminium globally with domestic demand expected to expand from current 4 MTPA to 12 MTPA by 2030.
October 19, 2020 -
Continuous import congestion at ports could impact vehicle manufacturing: SIAM
A report suggests that the delay is primarily caused by the manual inspection of import consignments.
June 30, 2020 -
Pakistan imported medicines worth Rs 136 cr from India in 2019
'The imported medicines included life-saving drugs, tablets, syrups and vaccines.'
July 14, 2019 -
Rupee slips 26 paise to 70.18 vs USD in early trade
Meanwhile, the United States, President Donald Trump on Sunday accused China of breaking the negotiated trade deal draft and indicated toughening of his stand against China in a series of tweets.
May 13, 2019 -
Entering UP areas with liquor purchased in Delhi is non-bailable offence
Purchasing liquor from Delhi or any other state and then taking it to areas falling in Uttar Pradesh for consumption is not a good idea anymore. The Uttar Pradesh government’s new directive introduced from 1 April states that the act of importing more than one sealed bottle of liquor from any other state to UP …
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April 6, 2018 -
TV sets, microwave, others to cost more post Customs duty hike
Customers will have to shell out more to buy television sets, microwave, LED lamps and some other electronic items after the government last week hiked import duty on such items to drive up local manufacturing. According to the government notification, Customs duty on television set has been raised to 20 per cent while on imported …
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December 19, 2017 -
Govt sounds ‘alert’ on illegal import of crackers
The Customs department has been asked to keep a hawk-eyed vigil on the illegal import of firecrackers from abroad, particularly from China, officials said. The Central Board of Excise and Customs’ (CBEC) recent order to chiefs of customs zones across the country comes ahead of Diwali on October 19. The Directorate of Revenue Intelligence (DRI) …
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October 11, 2017 -
Anti-dumping duty likely on import of a chemical from China
The government may impose anti-dumping duty of $72.95 per tonne on imports of a chemical, used in pharmaceutical and other industries, from China. In its sunset review of anti-dumping duty imposed on the imports of 'sodium nitrite', the Directorate General of Antidumping and Allied Duties (DGAD) has concluded that there is “continued dumping” of the …
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July 23, 2017 -
India to import US crude for first time, delivery in Oct
India, the world's third-largest oil importer, has sealed a first deal to import crude oil from the US and the shipment is expected to touch Indian shores in October. The deal, by state-owned Indian Oil Corp (IOC), comes within weeks of Prime Minister Narendra Modi's visit to the US when President Donald Trump talked of …
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July 10, 2017 -
GST: Traders need to declare only GSTIN for export, import
After the implementation of the Goods and Services Tax, traders would have to declare only their GST Identification Number at the time of import or export, the commerce ministry said on 12 June. Currently, all exporters and importers declare their IEC (import-export code). With the implementation of the GST, it said GSTIN would be used …
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June 13, 2017 -
GST Council may consider Apple plea for import tax exemption
The GST Council is likely to consider the global iPhone maker Apple Inc's proposal seeking tax exemptions if the internal groups set up to examine these exemptions submit their reports before the next Council meeting. "Every industry body is raising concerns related to the implementation of GST and its impact. Most of them are seeking …
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May 3, 2017 -
Coal gas can help lower import bill by $10 bn in 5 yrs: Coal Secretary
Domestic coal gas can be used as a feedstock for producing urea and other chemicals that can help reduce the country's import bill by $10 billion in five years and cut carbon emissions, a top official said. Coal Secretary Susheel Kumar also said that India's dependence on petroleum and natural gas can be reduced or …
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March 7, 2017