India is said to have cut trade deficit with China by $10 billion
By: Shruti Srivastava India cut its trade deficit with China by the most in more than a decade, according to people familiar with the...
FY19 oil import bill could be highest under Narendra Modi
NEW DELHI: A late surge in oil prices is expected to increase India's oil import bill to its five-year high. As per estimates, India...
India becomes net steel importer in 2018-19, first time in three years
NEW DELHI: India was a net importer of steel during the 2018-19 fiscal year, the first time in three years, as the country lost market...
India’s economic growth driven by domestic demand, need to focus on exports, says World Bank
India’s economic growth in recent years has been “too much” driven by domestic demand and its exports were about one third of its...
US likely to renew waivers to countries importing Iranian oil, including India
The Donald Trump Administration is likely to let a small group of countries, including India continue buying Iranian oil after a US...
Now, online facility to get export licence for restricted item; will promote ease of doing business
The commerce ministry has introduced an online system for exporters to obtain export licence for restricted category goods, a move aimed...
Trade slowdown: Export growth slows to 2.4% in February
Merchandise export growth slowed again in February to 2.4% from 3.7% in the previous month, although trade deficit narrowed to $9.60...
Imports of Chinese auto parts set to rise as government pushes for electric cars
Mumbai: India, the world’s third-largest automobile market, will rely more on China for components as the government pushes for electric...
Government notifies phased import duty hike on electric PV parts, lithium-ion cells.
The government has notified phased increase in basic customs duty on parts of electric passenger vehicles to be assembled in India to 15...
Consignments of sports goods from Pakistan unclaimed at the border post after high import duty.
NEW DELHI: When Sachin Tendulkar suggested that India should play Pakistan in the cricket World Cup despite the hostilities along the...
