Search For "imports"
"India should not compromise on its energy security or strategic autonomy"
Updated : 7 months, 2 weeks ago IST
Kant said that India should prioritise its national interests and not compromise on its energy security, especially considering that India's oil imports from Russia are significantly lower than those of China or Turkey. The US has imposed a 50% tariff on Indian goods, citing India's conti
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India's trade deficit widens to USD 11.72 bn in July 2025 on increased imp
Updated : 7 months, 2 weeks ago IST
India's overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry.
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July trade data to be released later today, positive momentum likely to co
Updated : 7 months, 2 weeks ago IST
India's export data for July 2025 is due later in the day. The figures are expected to show no major deviations, with business activity remaining steady through the month.
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Five-pillar plan to make India self-reliant in rare earth magnet productio
Updated : 7 months, 2 weeks ago IST
A report by advisory firm Primus Partners has outlined a comprehensive five-pillar blueprint to localise the production of rare earth magnets in India, which is aiming to secure the country's electric vehicle (EV) future and reduce its near-total dependence on Chinese imports.
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Pakistan's trade deficit soars 44 pc in July, raising economic concerns
Updated : 7 months, 2 weeks ago IST
Pakistan's trade deficit surged by a staggering 44 per cent in July, driven by a sharp increase in imports, raising fresh concerns about the country's economic situation, which is already in a crisis, The Express Tribune reported.
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Global economy in major problem if Russian oil exports disrupt, India's im
Updated : 7 months, 2 weeks ago IST
If Russian oil exports were to be disrupted, it could create a major problem for the global economy, however, for India, the impact is expected to be limited, according to a report by Bank of Baroda
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India imposes port restriction on certain jute based goods imports from Ba
Updated : 7 months, 2 weeks ago IST
The Government of India has imposed new restrictions on the import of certain jute-based goods from Bangladesh. The decision, issued through a government notification by the Ministry of Commerce & Industry, the Directorate General of Foreign Trade (DGFT) on August 11, 2025, amends the ex
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Ministry of Steel grants BIS exemption to 202 foreign steel manufacturers
Updated : 7 months, 2 weeks ago IST
The Ministry of Steel has announced an important step to ease the import process for steel products by granting exemptions to 202 BIS (Bureau of Indian Standards) licenses from mandatory adherence requirements on the Steel Import Monitoring System (SIMS) portal.
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"Those doing 'dadagari' are financially strong, have technology," says Uni
Updated : 7 months, 2 weeks ago IST
Union Minister Nitin Gadkari on Saturday emphasised the need for India to boost exports, reduce dependence on imports, and advance in technology to achieve economic self-reliance.
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Indian envoy discusses energy security with US Senator Lindsey Graham amid
Updated : 7 months, 2 weeks ago IST
The conversation comes after US Senator Lindsey Graham on Friday (local time) urged India to use its influence with Russia to help end the war in Ukraine, calling it one of the most significant steps to improve India-US relations.
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DRDO Chairman confident of India achieving Rs 50,000 crore defence export
Updated : 7 months, 2 weeks ago IST
As part of its 'Atmanirbhar' and Make in India plans, the government launched various schemes, including the production-linked incentive (PLI), in various sectors to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply c
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Afghanistan faces power crisis as electricity imports drop
Updated : 7 months, 2 weeks ago IST
Afghanistan's electricity imports from Tajikistan have dropped, causing shortages in Kabul. Despite using thermal generators, supply lasts only 12-13 hours daily. Officials urge large investments in domestic energy. A $10 billion plan for 10,000 MW renewable projects was recently signed to a
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