India's imports of finished steel reached 8.3 MT in fiscal 2024, marking a substantial 38 per cent increase year-on-year. The primary contributors to this surge in imports were China, South Korea, Japan, and Vietnam. Chinese steel imports alone accounted for 2.7 MT, while South Korea and Jap
India's jewelry retail sector has surged to USD 80 billion (Rs 6400 billion) in the financial year 24 from USD 50 billion in 2018, according to a report by Motilal Oswal Financial Services.
India's merchandise exports surged more than 9.1 per cent in May to USD 38.1 billion, compared to last year during the same month, highlights a report by Crisil.
India's oilmeal exports have seen a significant decline, indicating broader issues in the agricultural trade sector. Recent data from the Solvent Extractors' Association of India (SEA) shows a notable reduction in exports for April and May 2024, down by 17 per cent compared to the same perio
The move, which Beijing officials have slammed as "protectionist," comes less than a month after Washington quadrupled US tariffs on Chinese electric vehicles to 100 per cent.
The GST collection in May registered a 10 per cent year-on-year growth, driven by a strong increase in domestic transactions (up 15.3 per cent) and a decrease in imports (down 4.3 per cent).
This is part of the government's campaign to adopt the less stringent European standards for such products in order to allow for more competition and lower prices for Israelis.
The Ministry of Electronics and Information Technology (MeitY) led the development of two healthcare technologies to reduce the reliance on imports, MeitY said in a statement.
Ahead of the seventh phase of elections on June 1 in Himachal Pradesh, the Congress and BJP are attacking each other. The issue of apple imports is also becoming important these days. The Congress party is attacking the central government for not increasing the import duty on apples.
New Delhi [India], May 27: Adding another feather to its cap, Flying Wedge Defence and Aerospace, an Indian defence and aerospace technology company, bags another type certification for the airworthiness of unmanned aircraft systems from DGCA (Directorate General of Civil Aviation). The late