Crude oil imports fell 20.2 per cent during the seven months of the current fiscal and estimates are that the imports in the current fiscal would be down over 12 per cent because of subdued demand. C...

The country is likely to post a current account surplus at the end of this fiscal, mainly led by a fall in imports, the chief economic adviser said on Monday. Speaking at an event organised by the Co...

Merchandise exports fell 5.4 per cent to $24.82 billion in October because of a fall in shipments in sectors such as petroleum products, gems and jewellery, and leather, according to preliminary trade...

Shipments from China and Thailand are set to take a hit as India bans the import of air-conditioners with refrigerants to promote domestic manufacturing. Data showed that India imported split air-con...

The World Bank expects India’s economy to contract 9.6 per cent in the current fiscal and to rebound to a 5.4 per cent growth in 2021-22 assuming that Covid-related restrictions will be complete...

The Centre has rejected Bengal jute mills’ demand to use imported raw jute from Bangladesh in the manufacture of bags that are used to package foodgrains. In a letter to the Indian Jute Mills A...

State-run REC on Saturday said it shareholders have approved a proposal to raise the overall borrowing limit to Rs 4.5 lakh crore from the existing Rs 3.5 lakh crore. The company’s 51st AGM was ...

The government is working on resuming onion supplies to Bangladesh with certain conditions within days of imposing a ban. The move follows diplomatic intervention which resulted in the consignment in ...

Crude oil imports declined in August, though at a slower pace, as soaring coronavirus cases continued to hit mobility and slowed economic recovery, government data showed on Monday. Crude oil imports...

Dalmia OCL, the refractory manufacturing arm of cement and sugar major Dalmia group, plans to invest Rs 100 crore over the next five years in a bid to step up indigenous production in India and bring ...