Business  /  Published 03.04.21

Record spike in gold imports

The country’s gold imports in March surged 471 per cent from a year earlier to a record 160 tonnes, a government source has said as a reduction in import taxes and a correction in prices from re...
By Reuters in Mumbai

World  /  Published 02.04.21

Pakistan puts imports on hold

Pakistan on Thursday put on hold the Economic Coordination Committee (ECC) decision to allow limited import of sugar and cotton from India till New Delhi reinstates Article 370 that gave special statu...
By Our Special Correspondent in New Delhi

Business  /  Published 01.04.21

Pak U-turn on sugar import from India

In a volte-face, Pakistan's Cabinet on Thursday rejected a proposal of the Economic Coordination Committee (ECC) to import cotton and sugar from India, according to a media report. The decision c...
By Our Bureau, Agencies in Islamabad

World  /  Published 01.04.21

Pak allows limited India imports

Pakistan on Wednesday announced limited resumption of trade with India; deciding to allow import of sugar and cotton to address the rising price of sugar and cotton shortage in the country. This deci...
By Our Special Correspondent in New Delhi

Business  /  Published 18.03.21

India to rely less on Saudi oil imports

Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter in May, in an escalating stand-off with Riyadh following Opec’s decision to ignore calls from New Delhi...
By Reuters in New Delhi


Business  /  Published 10.03.21

Bid to limit Opec dependence

India has asked state refiners to speed up the diversification of oil imports to gradually cut their dependence on West Asia after Opec+ decided last week to largely continue production cuts in April,...
By Reuters in New Delhi

Business  /  Published 16.01.21

India’s trade gap highest in two years

India’s exports rose marginally to $27.15 billion in December 2020, while imports surged 7.56 per cent to $42.59 billion, official data showed on Friday. The merchandise exports were valued at $...
By Our Special Correspondent in New Delhi

Business  /  Published 03.01.21

Trade deficit widens to $15.7bn

India’s trade deficit has widened to $15.71 billion in December as imports grew 7.6 per cent to $42.6 billion and exports contracted 0.8 per cent to $26.89 billion, according to preliminary data...
By Our Special Correspondent in New Delhi

Business  /  Published 25.12.20

Govt to launch coal import monitor system

The government plans to launch the coal import monitoring system from February, making it mandatory for importers to disclose future shipments.  Importers of coking coal, steam coal and bitumino...
By Our Special Correspondent in New Delhi

Business  /  Published 21.12.20

Car parts exports exceed imports

The industry for car parts suffered a contraction in the first half of the fiscal even as exports outstripped imports for the first time though both reported a falling turnover. The industry witnesse...
By Anasuya Basu in Calcutta


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