Page 7 - India Imports

Amid supply crunch, private hospitals eyeing import of Covid-19 vaccines

Two major hospital groups, Apollo Hospitals and Fortis Healthcare, said they are open to exploring opportunities to import

Businesses eyeing fresh trade agreement between India and UK, says UKIBC

The UKIBC said it expected to see a step-change in the volume and nature of the trade and investment relationship between the two countries

Easing of essential goods imports to help fight Covid-19 pandemic

The govt has exempted basic customs duty on import of Remdesivir, APIs of Remdesivir, Beta Cyclodextrin used in making Remdesivir and specified inflammatory diagnostic kits till Oct-end

Covid second wave: Govt speeds up import approval for 17 medical equipment

For next three months, importers have to make declarations under the legal metrology rules

Raw material imports from US to produce vaccines may take a month

The Joe Biden administration's decision to invoke the US Defense Production Act has blocked exports of crucial raw materials used in vaccine production

Export outlook uncertain as Covid-19 cases in India rise again: Experts

The sharp jump in exports can be attributed to a low base as March 2020 saw the outbreak of Covid-19 and a subsequent nationwide lockdown

Pakistan resumes trade with India, lifts ban on cotton and sugar imports

Pakistani buyers have already started making inquiries about buying Indian sugar and cotton, which is being offered at lower prices than supplies from other countries, five dealers said

Govt orders to prefer local medical devices, cut imports by Rs 4,000 crore

India is largely dependent on imports for medical devices, and ships in around Rs 42,000 crore worth of devices

Solar project companies queue up to cash in on pre-duty benefits

For a project bid in March, import of panels would take place between June and July 2021

Tolerating an act for a consideration is a taxable service: Expert

Our account with the Customs was flagged as "risky exporter" and our claim for refund of IGST paid on export goods was blocked

Feb exports dip 0.25% after rising three months due to uncertainties abroad

Exporters also cite container shortage; imports continue to rise due to revival in domestic economy and high commodity prices

State OMCs spent Rs 1.96 trillion in excise duty in April-December FY21

Excise duty payment by OMCs rises 66% YoY, despite 30% decline in net sales

Reduction in pulses imports saving of Rs 15,000 cr annually: Govt

India's pulses production has increased significantly in the last few years, leading to a reduction in imports and an annual saving of Rs 15,000 crore, Agriculture Minister Narendra Singh Tomar said.

India plans higher levy on some imported goods to boost local manufacturing

Refrigerator, washing machines, cloth dryers, aluminum and electrical goods are among products likely to see an increase in customs duty, the people said asking not to be identified citing rules

Receipt of exports from third party must be declared upfront: Expert

We exported certain goods last year and received full payment. The buyer rejected a part of the consignment

Budget Byte: Imports grow after 9 months, signal consumption recovery

This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1

India's total exports rise marginally to $27.15 billion in December

Imports surged 7.56 per cent to $42.59 billion, official data showed on Friday

China's glass shortage, trade restrictions hit solar panel prices in India

India imports close to 90 per cent of its solar cells and module demand, of which 80 per cent is from China

Need to find 'swadeshi alternative' to imports from China: Nitin Gadkari

He also said that the government is taking a step towards recognising and facilitating rural entrepreneurs

India's exports fell 9% in Nov, in second straight month of decline

Outbound shipments in November this year stood at $23.43 billion, against $25.77 billion in the same month a year earlier