Search For "imports"
Designer deals, deceptive declarations: DRI busts multi-crore luxury furni
Updated : 7 months, 3 weeks ago IST
The Directorate of Revenue Intelligence (DRI) has busted a sophisticated, well-orchestrated customs fraud in imports of premium luxury furniture, said a statement from the Ministry of Finance on Tuesday.
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Bangladesh signs deal with US to import 7,00,000 tonnes of wheat annually
Updated : 7 months, 3 weeks ago IST
A Memorandum of Understanding (MoU) was signed between Bangladesh and the United States on Sunday to import 7,00,000 tonnes of high-quality wheat annually from the United States at competitive prices for the next five years.
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India's CAD to face upward risk amid rising commodity prices: UBI Report
Updated : 8 months, 1 week ago IST
India's current account deficit (CAD) is likely to see a marginal rise in FY26 as there is minor upward risk on it, noted a report by Union Bank of India.
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"Crude prices will come down as new sources of supplies are coming": Harde
Updated : 8 months, 2 weeks ago IST
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Thursday expressed optimism about a potential decline in oil prices, citing India's efforts to diversify its sources of energy imports.
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Trump cuts tariff on Indonesian imports to 19 per cent under new trade dea
Updated : 8 months, 2 weeks ago IST
Trump said the US will now impose a 19 per cent tariff on Indonesian imports, down from the earlier proposed 32 per cent. The agreement comes after Trump held talks with Indonesian President Prabowo Subianto.
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India's electronics boom offsets slump in traditional exports: GTRI
Updated : 8 months, 2 weeks ago IST
Driven by falling gold and crude oil shipments, India's merchandise imports show a declining trend in June 2025; however, exports remained flat, said Global Trade Research Initiative (GTRI) in its latest analysis.
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India's goods trade deficit could widen to $300 billion in FY26, amid tepi
Updated : 8 months, 2 weeks ago IST
India's goods trade deficit is projected to widen to USD 300 billion in FY26, up from USD 287 billion in FY25, as weak global demand weighs on exports while resilient domestic consumption is expected to fuel higher imports, as anticipated by ICICI Securities in its latest report.
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ISMA requests government to maintain ethanol import restrictions, citing f
Updated : 8 months, 2 weeks ago IST
The Indian Sugar & Bio-Energy Manufacturers Association (ISMA) wrote a letter to Piyush Goyal, Minister of Commerce and Industry, voicing concerns regarding the potential removal of restrictions on ethanol imports for fuel blending, amidst ongoing trade discussions with the United States
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India's trade deficit narrows sharply to USD 3.51 bn from USD 7.30 bn in J
Updated : 8 months, 2 weeks ago IST
India's overall trade deficit (merchandise and services) narrowed significantly to USD 3.51 billion in June 2025, down from USD 7.30 billion in June 2024, as exports outpaced imports on a year-on-year basis, government data showed on Tuesday.
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US withdraws from 2019 tomato agreement with Mexico, imposes 17.09 pc anti
Updated : 8 months, 2 weeks ago IST
The US on Monday (local time) announced the withdrawal of the 2019 Agreement with Mexico, suspending the antidumping duty investigation on fresh tomatoes from the country, while ordering an antidumping duty of 17.09 per cent on most of its imports of tomatoes.
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Impact of geopolitical issues like Israel-Iran conflict will be reflected
Updated : 8 months, 2 weeks ago IST
India's export data for the month of June 2025 will be released later in the day. Amid Iran-Israel hostilities that ended in a ceasefire, uncertainties on US tariffs and a relative spike in global crude prices is likely to have its impact on June trade data.
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Opening India's dairy sector to US could cause Rs 1.03 lakh crore loss to
Updated : 8 months, 2 weeks ago IST
Opening India's dairy sector to US imports could result in an annual loss of Rs 1.03 lakh crore to Indian dairy farmers, according to a recent report by the State Bank of India (SBI).
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