The reduction in duty rates on mobile phones and gold-silver imports is expected to significantly boost India's exports, according to CBIC Chairman Sanjay Kumar Agarwal.
India's foreign exchange reserves during the recently concluded financial year 2023-24 increased the highest among major reserves-holding countries globally, asserted the Economic Survey tabled in the Parliament on Monday.
For years, Pakistan has struggled with a severe energy crisis as energy demand continues to rise while the supply of conventional energy sources remains insufficient, and as the gap between energy supply and demand widens, the nation faces surging power costs and increased reliance on imp
However, the growth momentum slowed in June, with merchandise exports increasing by only 2.6 per cent year-on-year, down from 9.1 per cent in May. This deceleration was largely attributed to an 18.2 per cent contraction in oil exports.
In June 2024, the trade deficit stood at USD 8.00 billion, up from USD 7.00 billion in June 2023. This USD 1 billion increase highlights a growing gap between the country's imports and exports, raising concerns among economists and policymakers about the underlying economic dynamics.
The Pakistan Ministry of Commerce issued two notifications that withdrew the March 29 order that allowed millers to export flour made from imported wheat
The move is being made to bring down the cost of numerous consumer goods such as electronic appliances. There will be discounts on dozens of consumer products such as diapers, washing powders, dishwashing liquid, computers, mobile phones and other everyday consumer products.
Pakistan has introduced significant adjustments to the duty structure on imported beauty and make-up products, aiming to bolster revenue and regulate imports, however, it will burn a hole in Pak women's pockets for makeup, hair styling products, makeup remover, nail polish and remover, pe
"India's silver imports from UAE stood at USD 2.2 million during Jan-April 2023. India's silver imports from UAE jumped gigantically to USD 1.44 billion--yes, billion which is equal to 1000 million. This is a 654x jump in one year. We knew of the chanda ghotala masquerading as electoral b
Launching a scathing attack on the Adani Group, Congress General Secretary Jairam Ramesh alleged that the conglomerate company has reportedly selected eight Chinese companies to help its solar manufacturing project and has asked for special permission to issue visas for 30 Chinese workers.
Union Agriculture and Farmers Welfare and Rural Development Minister Shivraj Singh Chouhan said that the Central Government is committed to procure tur, Urad and Masur at the Minimum Support Price (MSP) to ensure crop diversification and achieve self-sufficiency in pulse production.
According to WGC press release, despite this pause, the gold market remains robust with significant movements in prices, imports, and investor activity.