Page 7 - Imports

Exports jump 58% to $34 bn in March, but fall 7% in FY21: Govt data

The trade deficit during the month widened to $14.12 bn as against $9.98 bn in March 2020

Centre chalks out four-point strategy to clear Suez Canal blockage

According to the government's assessment, total backlog at the waterway is likely to be cleared in a week' time

Foreign trade policy 2021-26 to focus on MSMEs, new export potential

Online data will be available to govt, industry; will help domestic producers analyse market potential for goods

Take steps to contain further deterioration in exports, imports: Par Panel

A parliamentary panel has suggested to the Department of Commerce to take appropriate measures to check further deterioration in exports and crucial imports

Dealing with tariff complaints

WTO's India review shows protectionism has alienated partners

Merchandise export receivables can't be set off against service import dues

You may remit the amount against the import of services separately and ask the buyer abroad to remit the full payment against your export bill

January trade deficit narrows to $14.54 bn, exports rise 6.2% to $27.4 bn

Exports during April-January this fiscal dipped by 13.58 per cent to $228.25 billion

India's crude palm oil import surges 45% in January: Trade body

India's crude palm oil imports in January jumped 44.99 per cent, the Solvent Extractors' Association of India (SEA) said on Friday

DGFT introduces online system for importers to seek tariff rate quota

The commerce ministry's arm DGFT has introduced an online system for traders who seek tariff rate quota for imports

Exports rise 5.37% in Jan to $27.24 bn over growth in pharma, engineering

Exports of pharmaceuticals and engineering grew 16.4 per cent to $293 million

Japan's exports post 1st annual gain in two years over shipments to China

The Ministry of Finance data out on Thursday showed Japan's exports rose 2.0% in December from a year earlier

US remains key forex source for India, accounts for 15-17% of goods exports

China remains the main source of India's imports, with the US at a distant fifth place

Budget seen raising import duties by 5%-10% on dozens of items: Report

Finance Minister Nirmala Sitharaman will unveil the budget on Feb. 1

Both exports and imports record growth in December; first time since Feb

Trade deficit at 25-month high as imports surge 8% after continuous declines; Data shows industrial activity picking up in December

Government removes import restrictions on room and car fresheners

A notification in this regard was issued by the Directorate General of Foreign Trade (DGFT), under the commerce ministry

Exports decline for second month in a row, trade deficit at ten-month high

Exports fell sharper at 8.7% in November from 5.1% in October, as demand remained muted in major overseas markets due to Covid-induced lockdowns

China suspends fish imports from Indian firm after coronavirus detected

China's General Administration of Customs suspended the import of seafood products from an Indian company for one week starting from Friday after Covid-19 was found on the outer packaging

India's exports dip 5.12% in Oct; trade deficit narrows to $8.71 billion

Imports also fell 11.53 per cent to $33.6 billion (year-on-year) in October 2020

China looks to 'punish' Australia: Lobsters, wine and coal become targets

China's blacklist -- delivered verbally to commodities traders -- includes coal, barley, copper, sugar, timber, wine and lobster

Sea change in customs clearance as govt addresses complaints over delays

74 per cent of consignments at ports got nod in less than 48 hours on Sunday