Tag: Imports
India’s trade deficit narrows to $27.14 bn on a yearly basis in October
India‘s merchandise trade deficit in October narrowed to $27.14 billion from $33.43 billion on a yearly basis, as per the data released by the government…
Q3 goods exports seen growing 1.85% on-yr: EXIM Bank
Led by sustained momentum in economic activity and improving demand prospects in trading partners supported by expected global monetary easing, India’s merchandise exports are likely…
trade deficit: India’s trade deficit for September narrows sequentially to $20.78 bn
India‘s trade deficit widened to $20.78 billion on an annual basis in September from $20.08 billion in the same month last year, data from the…
India may soon manufacture all the mobile phones it needs instead of importing: Report
India may soon produce locally all the mobile phones it will need instead of importing them, according to an Economic Times report which cited unnamed…
India asks companies to seek new approvals for laptop imports from January 1
NEW DELHI: India on Tuesday said companies will have to seek fresh approvals to import laptops and tablets starting from Jan. 1 and guidelines to…
Import approval system for IT hardware products extended till December 31
NEW DELHI: India on Tuesday extended the existing import management system (IMS) for certain IT hardware products such as personal computers, laptops and tablets by…
Trade gap hits 10-month high in August; Exports shrink by 9.3%
India‘s trade gap ballooned to a 10-month high of $29.65 billion in August as muted global demand and geopolitical challenges led to a 9.3% contraction…
Imports of goods like umbrellas, musical items from China hurting Indian MSMEs: GTRI
Increasing imports of goods such as umbrellas, toys, certain fabrics, and musical instruments are severely hurting MSMEs as many of these products are also made…
India has trade surplus with 151 nations; deficit with 75 during Jan-June 2024, says GTRI
India has recorded trade surplus with as many as 151 countries such as the US and Netherlands, while the country has a trade deficit with…
India set to hold more talks over import curbs on steelmaking raw material
By Neha Arora and Mayank Bhardwaj India set to hold more talks over import curbs on steelmaking raw material NEW DELHI, – India will hold…