imports
- India
India pivots crude sourcing for certainty, keeps Russian barrels selectively
New Delhi: India’s crude oil sourcing strategy has shown a clear shift toward lower-risk and more execution-reliable supply, with the Middle Eastern barrels gaining share as Russian crude flows remain present but…
- India
India now imports 35pc Russian oil as US readies 25pc tariff plus penalty
Washington: From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India’s reliance on Russian oil has surged — drawing fresh scrutiny…
- World
UK trade body calls for duties on Indian imports of PET plastics to continue
London: The UK’s Trade Remedies Authority (TRA) has published its initial findings that a countervailing or anti-subsidy measure on the imports of polyethylene terephthalate (PET) from India be maintained for a further…
- Middle East
Trump to impose 10 pc tariff on GCC imports
In a major trade shift, US President Donald Trump has announced a 10 percent tariff on imports from Gulf Cooperation Council (GCC) countries, including the United Arab Emirates (UAE), Saudi Arabia, Kuwait,…
- World
Biden imposes heavy tariffs on Chinese imports
Washington: US President Joe Biden has imposed heavy tariffs on Chinese electric vehicles, batteries, steel, solar cells, and aluminium, saying it would ensure that American workers are not held back by unfair…
- Business
No restriction on laptop imports; we are only monitoring: Commerce Secretary
New Delhi: India will not impose the licensing requirement on imports of laptops and computers but will only monitor their inbound shipments, a top government official said. The remarks assume significance as…
- India
Laptop import restriction: ICEA seeks 9-month breather from govt
New Delhi: The India Cellular and Electronics Association (ICEA) has written a letter to the IT Ministry, requesting the government to rethink its decision on import licensing requirement accompanied by a quota,…
- World
Pak rupee drops to new low owing to withdrawal of restrictions on imports
Pakistan’s rupee plunged to a record low on the interbank market on Tuesday, August 22 following the decision to ease in import restrictions that has lifted demand for the dollar, central bank…
- World
Sri Lanka to relax import restrictions on transport vehicles
Colombo: Sri Lanka will relax restrictions on imports of vehicles required for transportation of goods and passengers this week, State Finance Minister Ranjith Siyambalapitiya said on Sunday. The state minister told the…
- India
India’s overall exports decline 13 pc in June
New Delhi: India’s overall exports, both merchandise and services combined, in June 2023 are estimated to be USD 60.09 billion, registering a decline of around 13 per cent from June 2022, official…
