imports

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    GST Collections Surge to Over Rs 2 Lakh Crore in March

    New Delhi, April 1 Gross GST collections grew by 8.8 per cent to over Rs 2 lakh crore in March, driven by tax revenues from both domestic sales and imports, according to government data released on Wednesday.The gross Goods and Services Tax (GST) collection reached Rs 1.83 lakh crore in March...
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    Seamless Pipe Imports from China Increase – STMA Calls for Action

    New Delhi, March 30 The Seamless Tube Manufacturers Association of India (STMA) on Monday raised concerns over a sharp increase in imports of seamless pipes from China over the past three to four years, and urged the government to enforce stricter anti-dumping measures to protect the domestic...
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    Safe Passage for Indian Vessels Through War-Affected Strait

    New Delhi, March 29 Two more Indian-flagged LPG tankers, carrying approximately a day's supply of the country's cooking gas, have safely navigated through the war-affected Strait of Hormuz and are expected to reach Indian shores in the next couple of days."Two LPG carriers, BW TYR and BW ELM...
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    Medicines Become Less Accessible in Rawalpindi Amid Price Increases

    Islamabad, March 29 – Prices of medicines have increased in the open market and the Bohor Bazaar pharmaceutical hub in Rawalpindi, Pakistan, with prices rising from 50% to as high as 500%, local media reported on Sunday.Prices of essential medicines, including those for diabetes, hypertension...
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    India's Fertilizer Reserves Meet Agricultural Needs

    New Delhi, March 27 – The government assured the Parliament on Friday that adequate fertiliser stocks are available to meet the requirements of farmers during the ongoing 2025-26 Rabi season and beyond.In a written reply to a question in the Lok Sabha, Minister of State for Chemicals and...
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    Trade Deficit Highlights Meeting Between Goyal and Chinese Minister

    New Delhi, March 27 Commerce and Industry Minister Piyush Goyal held a meeting with his Chinese counterpart Wang Wentao on Friday and discussed trade-related issues.The bilateral meeting took place on the sidelines of the 14th Ministerial Conference (MC14) in Yaounde, Cameroon."Met Mr. Wang...
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    Fertilizer Reserves Adequate: Minister Assures Farmers

    New Delhi, March 27 Chemicals and Fertilizers Minister J P Nadda said on Friday that India has adequate reserves to provide fertilizers to farmers and there is no need to panic.Responding to a supplementary question in the Lok Sabha on what steps the government is taking to ensure availability...
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    CII: Indian Firms Face Shipment Delays & Raw Material Shortages

    New Delhi, March 22 Indian companies are facing disruptions ranging from shipment delays to shortages of key raw materials due to the ongoing West Asia conflict, the Confederation of Indian Industry (CII) said on Sunday, highlighting growing stress across sectors dependent on global trade flows...
  9. S

    Government Boosts Fertilizer Availability Through Imports

    The government has ensured the adequate and timely availability of fertilizers across the country by increasing imports to bridge the gap between domestic production and rising demand.The Ministry of Chemicals and Fertilizers has stated that there has been a significant increase in imports...
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    Currency Markets: Rupee Weakens Amid Oil Price Rise

    Mumbai, March 17 The rupee lost 14 paise and traded at 92.42 against the US dollar in the early deals on Tuesday, as it failed to resist the pressure from rising crude oil prices and the continuous withdrawal of foreign funds amid the heightened West Asia crisis.Weak domestic equity markets...
  11. Z

    India's Merchandise Trade: February Figures

    New Delhi, March 16 The country's merchandise exports declined marginally by 0.81 per cent to USD 36.61 billion in February, according to government data released on Monday.Imports increased by 24.11 per cent to USD 63.71 billion in February this year from USD 51.33 billion recorded a year...
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    India's Merchandise Exports: February Performance

    New Delhi, March 16 The country's merchandise exports declined marginally by 0.81 per cent to USD 36.61 billion in February, according to government data released on Monday.Imports increased by 24.11 per cent to USD 63.71 billion in February this year, compared to USD 51.33 billion recorded a...
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    January Trade Data: US Deficit Narrowing, India Deficit Persists

    Washington, March 12 – The United States recorded a $2.8 billion goods trade deficit with India in January, even as the overall US trade gap narrowed sharply, driven by stronger exports and slightly lower imports, according to data released on Thursday by the US Census Bureau and the Bureau of...
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    Rising Oil Prices Drive Sunflower Oil Supply Concerns in India

    New Delhi, March 12 India's imports of crude sunflower oil fell by 51 per cent to 1,45,000 tonnes in February, an industry body said on Thursday, as the ongoing conflict in West Asia and disruptions to shipping routes in the Black Sea pushed prices sharply higher.The Solvent Extractors'...
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    India & US Trade Relations: Ongoing Engagement

    New Delhi, March 10 The government is studying all tariff-related developments in the US to assess their implications and remains engaged with the United States, Parliament was informed on Tuesday.In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada...
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    Pharmaceuticals: India’s API Exports Rise Above Imports

    New Delhi, March 10 Chemicals and Fertilizers Minister J P Nadda said on Tuesday that India's exports of active pharmaceutical ingredients (APIs) stood at around Rs 41,500 crore in the last fiscal, higher than the total imports of Rs 39,215 crore.Responding to a supplementary query during the...
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    Government Amendments FDI Norms: China Included

    New Delhi, March 10 The government on Tuesday eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said.They said that Press Note 3 of 2020 has been amended in this regard.The decision was taken in a meeting of the Union...
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    India-Japan Trade: Balancing the Relationship for Sustainability

    New Delhi, March 4 India said on Wednesday that there is significant export potential for domestic firms in sectors such as pharmaceuticals, textiles, agriculture, and services in Japan, stressing that a more balanced bilateral trade relationship is crucial for ensuring its long-term...
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    India's Current Account Deficit: Key Trends and Outlook

    Mumbai, March 2 India's current account deficit (CAD) rose to USD 13.2 billion, or 1.3 per cent of GDP, in the December quarter from USD 11.3 billion in the year-ago period, mainly due to a higher trade deficit caused by a decline in exports to the US, according to RBI data released on Monday...
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    Edible Oil and Fertilizer Imports at Risk as Conflict Escalates

    New Delhi, March 2 India's imports of edible sunflower oil and key fertilizer inputs are facing disruption due to the escalating US-Iran conflict, while exports of agricultural commodities to the Middle East and Europe could also be affected, industry bodies said on Monday.Shipping companies...
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