Search For "imports"
Domestic defence manufacturing reduced dependency on India's global import
Updated : 9 months, 1 week ago IST
India has significantly reduced its dependence on defense imports over the last 14 years, marking a major shift in the country's defense strategy and policy.
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Cambodia halts fuel imports from Thailand as border spat escalates
Updated : 9 months, 1 week ago IST
Prime Minister Hun Manet, in a social media posting on Sunday, June 22, said that the measure would take effect at midnight. This comes amid his Thai counterpart, Paetongtarn Shinawatra's attempts to save her government from a political crisis triggered by a leaked phone call to Cambodian Se
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Iran is considering closing the Strait of Hormuz: Reports
Updated : 9 months, 1 week ago IST
Roughly 20 per cent of global oil and a significant portion of natural gas pass through the Strait. Europe imports oil and liquefied natural gas (LNG) from Gulf states--Saudi Arabia, Qatar, UAE-- much of which travels through the Strait. If Iran blocks it, global oil prices would spike, a
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Govt imposes import restrictions on certain gold-containing precious metal
Updated : 9 months, 1 week ago IST
The Ministry of Commerce and Industry has announced new import restrictions on certain precious metal alloys containing gold, as well as colloidal metals and chemical compounds.
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India's robust trade with G7 nations, except Canada, signals strong econom
Updated : 9 months, 1 week ago IST
India has experienced healthy and growing trade relations with G7 nations, outlining deepening economic engagement and cooperation, according to a report by data science company, Rubix.
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Surge in crude prices poses risk to India's current account deficit as eve
Updated : 9 months, 1 week ago IST
Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD 10 per barrel increase in oil prices can worsen the annual CAD by nearly USD 15 billion, according to a report by Union Bank of India (UBI).
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New steel import rule could disrupt supply chains and impose heavy complia
Updated : 9 months, 2 weeks ago IST
The recent regulation by the Ministry of Steel has the potential to disrupt supply chains and may impose heavy compliance costs on India's micro, small, and medium enterprises (MSMEs), according to a report by the Global Trade Research Initiative (GTRI).
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India engaged with China on rare earth minerals both commercially, diploma
Updated : 9 months, 2 weeks ago IST
India is engaged with China both commercially and diplomatically on the issue of rare earth minerals supply and is making all efforts to see that essential imports happen, Commerce Secretary Sunil Barthwal said on Monday.
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Cut in edible oil import duty and above normal monsoon likely to further e
Updated : 9 months, 2 weeks ago IST
The recent above normal rainfall and a significant cut in import duties on edible oils are expected to support easing food inflation in the coming months, according to a report by Union Bank of India.
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Amit Shah praises PM Modi after Cabinet approves two multitracking project
Updated : 9 months, 2 weeks ago IST
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi on Wednesday, approved two projects of Ministry of Railways worth Rs 6,405 crore, with aim to improve travel convenience, reduce logistic cost, decrease oil imports and contribute to lower CO2 emissions.
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Govt clears two railway projects worth Rs 6,405 cr in Jharkhand, Karnataka
Updated : 9 months, 2 weeks ago IST
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi on Wednesday, approved two projects of Ministry of Railways worth Rs 6,405 crore, with aim to improve travel convenience, reduce logistic cost, decrease oil imports and contribute to lower CO2 emis
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India's forex reserves sufficient to meet 11 months of imports, 96% of ext
Updated : 9 months, 3 weeks ago IST
India's foreign exchange reserves (Forex) are sufficient to meet 11 months of the country's imports and about 96 per cent of external debt, said Governor Sanjay Malhotra while announcing the outcome of the Monetary Policy Committee (MPC) decisions on Friday.
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