Search For "imports"
Asia should prioritise exchange-rate stability, targeted support amid Horm
Updated : 1 week, 3 days ago IST
Asian economies should strengthen policy frameworks and focus on stabilisation measures as the ongoing conflict in the Middle East threatens the region's energy, trade, and financial resilience, according to Albert Park, Chief Economist of the Asian Development Bank (ADB).
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Every $10 per barrel rise in crude oil prices can shave about 0.5% off Ind
Updated : 1 week, 3 days ago IST
Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0.5 per cent and add pressure on economic activity, inflation and currency stability, given the country's heavy reliance on imported crude, Vandana Bharti, Research Head - Commodity, SMC Glob
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No plans for rationing of petrol and diesel, say Govt Sources amid West As
Updated : 1 week, 3 days ago IST
As per the sources, Gas Authority of India Limited (GAIL) will declare force majeure to ensure gas supply to priority sectors, as India navigates energy challenges stemming from the escalating West Asia conflict.
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India looking at alternative markets to buy gas; Australia, Canada offered
Updated : 1 week, 3 days ago IST
Australia and Canada offered to sell gas to India as the country looks for other alternative sources amid the West Asia conflict, government sources said on Thursday. The government is scouting for alternative markets to buy gas, as India currently imports 195 MMSCMD of gas, of which Qata
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Crude linked sectors, basmati rice will be impacted if Middle East crisis
Updated : 1 week, 3 days ago IST
Crude-linked sectors such as downstream oil refiners, tyres, paints, speciality chemicals, flexible packaging and synthetic textiles may also be affected if energy prices remain elevated. India imports around 85 per cent of its crude oil and half of its LNG requirement, with about 40-50 per
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Middle East war disrupts gems and jewellery trade; Surat exporters raise c
Updated : 1 week, 3 days ago IST
The ongoing conflict in the Middle East following the reported joint military action by the United States and Israel against Iran is expected to significantly impact India's gems and jewellery sector, particularly exports and imports to Israel and Dubai, industry stakeholders said.
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"India must be bold and put deal on hold": Congress MP Jairam Ramesh on US
Updated : 1 week, 3 days ago IST
"It is quite extraordinary that the US has just imposed 125.87% duty on imports of solar modules from India. What does this say of President Trump's commitment in letter and spirit to the India-US trade deal so much praised and applauded by his good friend in New Delhi as opening doors fo
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Exploration delays, slow licensing holding back India's gold potential, sa
Updated : 1 week, 3 days ago IST
He said that India can supply 50-100 tonnes to the market or they can send it to the Reserve Bank also. "Our reserves can go up. We don't need to buy from outside. We will be saving our foreign exchange," he added. He said deposits have been identified in states such as Madhya Pradesh and
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Pakistan spends $980 million on Pulse imports amid declining domestic prod
Updated : 1 week, 3 days ago IST
Rana Muhammad Tayyib, President of the Punjab Pulses Importers Association and Chairman of the Grain Market, stated that before 1998, Pakistan was among the top exporters of pulses. However, the export ban introduced during the Musharraf period discouraged growers, as pulses turned into a lo
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"Why did India rushed into a deal": Priyanka Chaturvedi on US SC's order o
Updated : 1 week, 3 days ago IST
In a post on X, she noted that while the trade now attracts a 10% tariff following the court intervention, US imports to India continue at 0%. She also praised Brazil for maintaining its trade sovereignty despite being among the highest-tariffed nations. Chaturvedi described the US court'
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Trump claims 78 per cent drop in US trade deficit; credits tariffs for eco
Updated : 1 week, 3 days ago IST
President Donald Trump claimed the US trade deficit shrank by 78 per cent due to tariffs. However, official data showed the deficit rebounded sharply in November last year. Reports highlighted trade volatility, falling exports, rising imports, and economists' warnings about temporary fluctua
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Trade deficit deepens as Pakistan's external fragility resurfaces in FY26
Updated : 1 week, 3 days ago IST
Pakistan's external position has again come under strain during the first seven months of FY 2025-26, as a ballooning trade deficit offset improvements in remittances and services exports.
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