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Latest Articles in imports

OPEC's Share Of Indian Oil Imports In October Hits Lowest Since 2011

India, which usually imports about 80 per cent of its needs from members of the Organization of the Petroleum Exporting Countries (OPEC).

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Govt To Facilitate Onion Imports From Iran, Egypt; To Relax Fumigation Norms

NAFED officials have been asked to visit the onion growing region of Nashik in Maharasthra to take stock of the situation.

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RCEP Deal May Hurt India's Export Competitiveness: TPCI

India's imports may increase by $29 billion annually during the post-RCEP period, implying a revenue loss by as much as 1.3% of GDP.

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India's October Gold Imports Drop 33% On Weak Festive Demand: Source

In value terms, the October imports were at $1.84 billion, slightly higher than last year’s $1.76 billion.

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India May Restrict Imports Of Palm Oil, Other Goods From Malaysia: Sources

New Delhi is looking for ways to limit palm oil imports and may place restrictions on other goods from the country, said a government source.

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Malaysia Plans To Step Up Imports From India: Primary Industries Minister

Malaysia is in touch with India's various ministries to identify the commodities that Kuala Lumpur can import.

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India's Palm Oil Imports Could Hit Record On Rising Demand: Analyst

Higher imports may help support benchmark Malaysian palm oil prices that in July hit their lowest level in nearly four years and are struggling to recover due to weak export demand.

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India's August Palm Oil Imports Jump To 11-month High: Trade Body

New Delhi imported 852,534 tonnes of palm oil in August, the highest since September 2018, the Solvent Extractors' Association of India (SEA) said in a statement.

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Govt Plans Extra Tax On Vegetable Oil Imports To Boost Domestic Output: Sources

India currently imposes a 40 per cent import tax on crude palm oil and 50 per cent on refined palm oils.

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India's Petrol Imports In July Hit Highest In At Least Eight Years

Crude oil imports into the world’s third-largest consumer declined 1.2 per cent from a year earlier to 19.34 million tonnes, but increased 14.6 per cent from the previous month.

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India's Coal Import Rises 29 Per Cent To 24 Million Tonnes In June

India's coal import during June through the major and non-major ports is estimated to have increased by 2.42 per cent over May 2019.

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India's July Gold Imports Plunge 55 Per cent As Prices Rally: Government Source

The south Asian country imported 39.66 tonnes of gold in July, down from 88.16 tonnes a year ago.

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India's 2019 Thermal Coal Imports Could Rise Up To 13 Per Cent

India's coal imports from Australia and Colombia will increase in the long run as demand for high-energy coal grows due to environmental reasons, Dale Hazelton said at the India Coal Conference in New Delhi.

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Forex Reserves Rise By $1.2 Billion To $400.5 Billion: RBI Data

According to RBI data, India's foreign exchange reserves rose by $1.207 billion to $400.489 billion in the week to September 14 on account of increase in foreign currency assets

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China Threatens "Synchronised Counter Measures" To Retaliate Trump's $200 billion Tariffs

In a rebuttal to US President Donald Trump imposing 3rd round of tariffs on $200 billion worth of Chinese imports, China has threatened to retaliate with "synchronised counter measures" against the US move

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