Page 9 - Imports

Chinese firms feel the pinch of India's new import regulations: Report

The most serious border tension in decades between the two countries has already hurt their economic ties and Indian officials expect the damage to get worse

Industry wants open and facilitative import environment to boost exports

The CII asks for policies to increase the country's share in the global merchandise trade by 2025 to 5 per cent from 1.7 per cent and in services export to 7 per cent from 3.5 per ent.

India wants free flow of goods but it has to be 'reciprocal': Piyush Goyal

Goyal said multinational companies who have invested in India can't claim the right to import in an unbridled manner

Imports from related party will be scrutinised by Customs: Expert

Rule 3(3)(a) of the Customs Valuation Rules, 2007 provides that where the buyer and the seller are related, the circumstances surrounding the sale will be examined

Invoking self-reliant India, govt bans import of 101 defence items

Modi endorsed the new import embargoes from his own Twitter account

Colour TV import restrictions should apply to future goods: ICEA

After the government targeted China with a new import restrictions on electronics ICEA demanded that these import restrictions should only apply for future imports after clearance of goods in transits

TV imports ban to help domestic industry, raise employment: Manufacturers

Brands such as Sony, LG, Panasonic, Thomson and contract manufacturers like Dixon Technologies say the ban would create a momentum for local manufacturing and create opportunities for the industry

To promote local production, govt announces curbs on import of colour TVs

Putting an item under a restricted category of imports means the importer of that commodity will have to seek licence from the commerce ministry's DGFT for imports

India posts first trade surplus in 18 years as coronavirus hits imports

Merchandise imports contracted 47.59 per cent in June to $21.11 billion from a year ago, while exports fell 12.41 per cent to $21.91 billion

Balkrishna Industries explores new markets to import chemical, raw material

BKT is the only tyre maker in the country, which has its own Carbon Black plant at Bhuj, with its total current capacity at 1,40,000 metric tonne per annum

The myth of India's import dependence

If bilateral tensions escalate, then there may be a scenario in which India and China cease to trade

Adopt a strategic posture on trade

The fact is that India's mood on tra­de, particularly imports, has sou­red over the last five or six years

Countries prod firms to reduce dependence on China, but find few takers

Even after the coronavirus derailed trade, few want to leave China's skilled workforce and efficient suppliers of raw materials to move to other countries

After Oppo factory protest, 'boycott China' call puts firms on high alert

Several right-wing groups, led by the Hindu Raksha Dal (HRD), are preparing to unleash more protest movements.

Slowing Chinese imports may delay automakers' electric vehicle target

Support from Centre on alternative fuel technologies and batteries holds key

Trade gap with China set to narrow this year: Explained in charts

Imports from the northern neighbour have been on the wane since 2017-18 when it had peaked to $76 bn.

Kicking the import habit: Can India grab a $200-bn business opportunity

PM Modi's call for a self-reliant India, free of its dependence on imports, means opportunity for the domestic industry. But there are many questions that need to be answered, writes Sai Manish

Japan's exports decline most since 2009 as Covid-19 hits US-bound shipments

The trade data came a day after the Bank of Japan increased its support through lending schemes for struggling businesses to $1 trillion.

Centre looks to nudge more MSMEs into manufacturing to reduce imports

Sources across ministries confirmed that Narendra Modi's call to "go vocal for local" will be achieved through a host of measures, running into the dozens, and will focus on long-term goals.

As coronavirus asserts itself on the world stage, CII asks for duty cuts

India's imports from China stood at $70 billion in 2018-19, with the neighbouring country being its biggest source of merchandise