News Muncher - category imports

3 days, 11 hours ago

Export of special technical textile products on rise, says NTTM official

“Export of special technical textile products grew 6.2% between April and November compared with the same period last year,” said Ashok Kumar Malhotra, Mission Director of the National Technical Textiles Mission. Mr. Malhotra told The Hindu on Friday that the exports were worth ₹2,915 crore from April to November this year compared to ₹2,345 crore during April - November last …

India Malhotra Technical Textiles Textile Products Technical Textile Products Nttm Official Special Technical

4 days, 15 hours ago

India’s record gold import said to be due to calculation error

Deccan Chronicle

A surge in gold imports that widened India’s trade deficit to a record last month and pushed the rupee to an all-time low was due to an error in calculation, according to people with knowledge of the matter.Officials double-counted gold shipments in warehouses following a change in methodology in July, the people said, asking not to be identified ahead of …

India Trade Imports Gold Imports Icegate Calculation Error Gold Import

5 days, 12 hours ago

Rahul slams government over trade deficit touching all-time high

The Hindu

Slamming the Modi government, Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday said prioritising crony businesses over play-fair ones leads to weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation. "Result: Weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation," he …

Trade Gandhi Imports Trade Deficit High Billion Deficit

5 days, 13 hours ago

Rahul slams govt over trade deficit touching all-time high

Deccan Chronicle

New Delhi: Slamming the Modi government, Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday said prioritising crony businesses over play-fair ones leads to weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation.Tagging a media report which said that trade deficit and imports are at an all-time high, Gandhi hit …

Record Trade Gandhi Imports Trade Deficit High Billion

5 days, 13 hours ago

Rupee falls 1 paisa against US dollar in early trade

The Hindu

The rupee dropped 1 paisa to 84.92 against the US dollar in early trade on Wednesday and hovered around its all-time low level, as traders await more cues from the US FED on the interest rate front. Equity benchmark indices Sensex and Nifty slumped over 1 per cent on Tuesday, weighed down by an across-the-board selloff amid cautious investors' approach …

India Trade Cent Rupee Usd Us Dollar Gold Imports

Trade shocker: On November’s trade estimates

The Hindu

This October’s foreign trade numbers had offered a sliver of hope for India’s generally weak export story over the past couple of years, as goods exports grew at a 28-month high pace of 17.2%. As in August, November’s import bill spike was led by gold imports that jumped 331.5% from last November to a whopping $14.9 billion. Gems and jewellery …

India Trade Exports Imports High Billion Import

India's Gold Imports Surge 132% in November

Deccan Chronicle

Chennai: Gold imports went up 132 per cent in volume terms to 130 tonnes in the month of November. Gold imports in volume terms went up 132 per cent to 130 tonnes in November against 56 tonnes in the same month last year. Silver imports between January and November stood at 7500 tonnes, which was 121 per cent higher than …

India Gold Imports Cent Tonnes Last Year Gold Imports

6 days, 7 hours ago

Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar

The Hindu

The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 against the U.S. dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets. A strong US dollar and FII outflows may further weigh on the rupee," said Anuj Choudhary, Research Analyst at Sharekhan by BNP Paribas. On the …

Trade Rupee Dollar Gold Imports 1 Paisa

6 days, 8 hours ago

India's gold imports to plunge in December after record November

Deccan Chronicle

India's gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay purchases, trade and government officials said.Lower imports by India, the world's second-biggest consumer of the precious metal, could cap a rally in global prices that hit a record high …

India Record Gold Prices Imports

6 days, 13 hours ago

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

The Hindu

The rupee dropped 1 paisa to hit a new lifetime low of 84.92 against the U.S. dollar in early trade on Tuesday, weighed down by foreign fund outflows and a muted trend in domestic equities. “The Indian rupee is expected to open at its lowest after a record number in respect of imports and a record trade deficit for November …

India Trade Low Gold Imports 1 Paisa Decline Rupee

6 days, 17 hours ago

Govt’s steel dilemma: Restrict imports and risk inflation or hurt capex?

Live Mint

The government has a tough choice to make—whether to introduce a levy on the import of cheap steel to protect the domestic industry or not. This has caused domestic steel prices to drop to a four-year low with benchmark hot-rolled coil prices averaging ₹48,160 per tonne in November, 12% lower year-on-year. They allege that the Chinese government support available to …

Prices Domestic Hrc Steel Prices Steel Imports Indian Mills

US families to bear brunt of new tariffs

China Daily

Families in the United States could soon have to pay thousands of dollars more for furniture, clothes, cars, electronics and household items imported from China and other key trading partners if US President-elect Donald Trump follows through with a new round of tariffs, according to economists and trade organizations. Mary Lovely, professor emeritus of economics at the Maxwell School of …

China Trump China Daily Billion Tariffs Tariff Us Consumers

Trade deficit at a record $38bn as gold imports rise

Hindustan Times

India’s merchandise trade deficit widened to a record $37.84 billion in November, driven primarily by surging gold imports and falling exports, a trend experts said threatens to add pressure on the rupee which is already strained by three months of portfolio outflows. Imports, however, surged by 27% to $69.95 billion compared to $55.06 billion in November 2023, mainly due to …

India Record Gold Exports Imports Trade Deficit Billion

1 week ago

China’s crude oil imports rebounded in November, but so did storage flows: Russell

Live Mint

By Clyde Russell LAUNCESTON, Australia, Dec 16 - China's crude oil imports in November hit a 14-month high, but much of the additional volume is likely to have ended up in storage as refinery processing remained subdued. China, the world's biggest crude importer, had a surplus of about 1.77 million barrels per day in November, according to calculations based on …

China Imports Month Million Crude Bpd

India’s Trade Deficit Widens to Record as Gold Demand Soars

Live Mint

-- India’s trade deficit expanded to a record high in November, as the nation’s import bill ballooned, particularly due to a rise in gold shipments. The gap between exports and imports stood at $37.8 billion in November, trade ministry data showed Monday, much higher than the $23 billion deficit forecast by economists in a Bloomberg survey. A widening trade deficit …

India Trade Deficit Billion Bloomberg Gold Imports

1 week ago

India’s imports rises to 27%, touches to record high of almost $70 billion

The Hindu

India’s merchandise exports fell 4.83% to $32.11 billion in November while the import bill jumped 27% to a record high of almost $70 billion, as per data released by the Commerce Ministry. This is the third time in four months that India’s import bill has hit a record high, but November’s tally surpasses the last two occasions by a wide …

India Exports Billion Export Imports Rises

1 week, 1 day ago

Trade War Widened US Trade Deficit, Increased Chinese Global Exports

Deccan Chronicle

The US-China trade war initiated by President Donald Trump under his previous government failed to achieve its goals as the trade deficit of the US further widened while China’s global exports increased between 2017 and 2023. The US-China trade war, which began in March 2018 by imposing 25 per cent tariffs on steel and 10 per cent on aluminium, escalated …

India China Trade Exports Chinese Billion Cent

1 week, 1 day ago

India’s crude oil imports from Russia drop 55% in November, lowest since June 2022

Live Mint

India's import of Russian crude dropped to its lowest level since June 2022 in November this year, reported the news agency PTI on Sunday, December 15, citing a Centre for Research on Energy and Clean Air report. “India's imports of Russian crude oil dropped by a massive 55 per cent in November - the lowest figure since June 2022,” the …

India Russia Oil Report Cent Drop Russian

1 week, 1 day ago

Extra long staple cotton imports rebound

The Hindu

India’s imports of Supima cotton, exported by the U.S., is rising following the withdrawal of import duty on extra long staple cotton earlier this year. As per William Bettendorf, director of Cotton USA Supply Chain, South Asia, Cotton Council International, India imported 1.2 million bales of U.S. cotton in 2019. In the last three to four years, share of the …

India Els Imports Rebound Long Staple Supima Cotton

1 week, 2 days ago

Cutting electricity exports to liquor imports, Ontario premier suggests Canada ways to ward off Trump tariffs

Firstpost

In his latest remark, Ontario premier reiterated his threat to halt electricity export to multiple US states, calling it a “last resort” for his province The leader of Canada’s most populous province, Ontario, proposed that Canada should stop importing US liquor to ward off the looming tariff war. Ontario’s Premier Doug Ford suggested wielding the province’s liquor control board – …

Canada Trump Threat Premier Ford Province Ontario

1 week, 3 days ago

Canadian official threatens to cut off US energy supply over Trump tariff threats

The Independent

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Canadian officials are threatening to cut off energy supplies to …

Canada Trump Canadian Inside Washington Washington Email Tariff

1 week, 4 days ago

Steel industry capacity utilization at 78 pc, govt plans safeguard duty

Deccan Chronicle

: The capacity utilisation of the domestic steel industry is set to drop to 78 per cent for the first time in four years. In order to check unprecedented imports, the government is considering imposing a 25 per cent duty on steel imports.Cheaper imports from China and countries under Free Trade Agreement along with ongoing capacity addition can lead to …

Domestic Steel Imports Cent Capacity Steel Imports Safeguard Duty

1 week, 4 days ago

India may extend duty-free yellow pea imports by two months to keep prices of pulses under control

Live Mint

New Delhi: The government is considering extending duty-free import of yellow peas for a few more months, possibly until February, to help lower prices and address shortages of tur and chana, two people familiar with the matter said. “Extending the duty-free import period for yellow peas would not align with India’s strained diplomatic relations with Canada. The farmers and traders …

India Canada Prices Million Peas Yellow Import

1 week, 4 days ago

We should not be overly concerned about imports as long as exports' share grows: Commerce Secretary

Deccan Chronicle

New Delhi: India should not be overly concerned about imports as long as exports' share continues to grow, Commerce Secretary Sunil Barthwal said on Thursday. "Because if the Indian economy is growing at 7 per cent and if the world is growing at 3-3.5 per cent rate of growth then obviously India will be requiring more consumption, more of imports …

India Services Indian Imports Need Share Grows

Filters

Articles for Imports

Export of special technical textile products on rise, says NTTM official

India’s record gold import said to be due to calculation error

Rahul slams government over trade deficit touching all-time high

Rahul slams govt over trade deficit touching all-time high

Rupee falls 1 paisa against US dollar in early trade

Trade shocker: On November’s trade estimates

India's Gold Imports Surge 132% in November

Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar

India's gold imports to plunge in December after record November

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

Govt’s steel dilemma: Restrict imports and risk inflation or hurt capex?

US families to bear brunt of new tariffs

Trade deficit at a record $38bn as gold imports rise

China’s crude oil imports rebounded in November, but so did storage flows: Russell

India’s Trade Deficit Widens to Record as Gold Demand Soars

India’s imports rises to 27%, touches to record high of almost $70 billion

Trade War Widened US Trade Deficit, Increased Chinese Global Exports

India’s crude oil imports from Russia drop 55% in November, lowest since June 2022

Extra long staple cotton imports rebound

Cutting electricity exports to liquor imports, Ontario premier suggests Canada ways to ward off Trump tariffs

Canadian official threatens to cut off US energy supply over Trump tariff threats

Steel industry capacity utilization at 78 pc, govt plans safeguard duty

India may extend duty-free yellow pea imports by two months to keep prices of pulses under control

We should not be overly concerned about imports as long as exports' share grows: Commerce Secretary