Page 4 - Imports

UltraTech Cement paying for Russian coal in Chinese yuan: Report

UltraTech importing from Russian producer SUEK, valued at 172.7 mn yuan; SUEK's Dubai unit facilitated trade from Russia's Vanino port; traders say other companies set to pay in yuan for Russian coal

SME Chatroom: 'IGCR Rules apply only when exemption notifications say so'

the duty concessions are available under exemption notifications and some of them mandate the procedures prescribed under the said IGCR Rules.

Domestic toy makers see surge in sales after dip in Chinese imports

Sales rise for domestic players after India last year banned sale of toys that are not certified by Bureau of Indian Standards

Duty on solar modules, cells to continue; don't want imports: R K Singh

There are "no plans" to review the basic customs duty (BCD) levied on solar modules and cells, Union Power Minister R K Singh has said.

India considers curbing fridge imports to boost local industry: Report

Sources say the government is considering mandating that importers seek a licence from the authorities, replacing the existing free-import regime

Exports up 15.46% in May; trade deficit widens to a record $23.3 billion

India's merchandise exports grew 15.46 per cent YoY to $37.29 billion in May

Lockdown, steel output restrictions hit exports to China, shows data

The exports basket is largely dominated by steel, iron ore, copper, paper products, plastics, organic chemicals, among others

Spiraling inflation may boost gold demand as a hedge, says UBS report

Imports were only worth $34.62 billion in the pandemic-hit FY21.

Exports rise 30.7% to $40.19 bn in Apr; trade deficit widens to $20.11 bn

Imports during the month of April under review grew by 30.97 per cent to USD 60.3 billion.

Amid rising imports, Centre mulls boosting production of specific items

Government officials also told industry representatives that exports and domestic production are inter-linked

April exports up 24% at $38 bn on petro products, electronics push

Imports during the month under review grew 26.55% to $58.26 billion

Govt puts import curbs on certain waste, scrap of precious metals

The DGFT amended the import policy for ash containing precious metal or precious metal compounds, including gold, platinum and silver, to "restricted" from "free"

Nepal bans import of luxurious items to save declining forex reserves

Earlier in March, the central bank had instructed the commercial banks not to import gold exceeding 10 kg per day, half the quantity compared to the previous provision

It's not in India's interest to increase imports of Russian energy: WH

India buys less than one per cent of its total oil imports from Russia

Increased duty on imported goods to add fillip to self-reliance, says FM

Sitharaman said the Atma Nirbhar philosophy is a guiding principle but it is not blindly applied in a manner that it affected the Indian interests.

Sri Lankan economy facing mounting debt crisis, urgent reforms needed: IMF

Sri Lanka is currently reeling under a severe foreign exchange crisis with falling reserves and the government is unable to foot the bill for essential imports

Japan's trade deficit soars to 8-year high as commodity imports jump

The growing trade deficit highlights the world's third-largest economy's vulnerability to soaring commodity costs, on which manufacturers rely for production at home

Govt bans import of foreign drones to boost Make in India, lists exceptions

The decision has been taken with a view to promote local manufacturing under Make in India scheme

India initiates anti-dumping probe against imports of vinyl tiles

They have submitted that the industry and the product are at a nascent stage

Japan's Dec exports, imports hit record high by value as supply eases

However, a persistent semiconductor shortage remains a headache for Japanese firms such as automaker Toyota