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Monday, May 6, 2024
TopicImport

Topic: Import

China displaces US to become India’s top trade partner in 2020 despite curbs

Total imports from China at $58.7 billion were more than India’s combined purchases from US and UAE, the country's second- and third-largest trade partners, respectively.

India’s gold imports more than double in August as demand returns ahead of festivals

The rebound in demand follows a nearly 80% drop in imports between January and June and comes as India slowly eases restrictions put in place to control the Covid outbreak.

India’s exports dipped by 10.21% to $23.63 billion in July, says govt data

The country's imports, too, dipped 28.4 per cent to $28.47 billion in July, leaving a trade deficit of $4.83 billion.

India’s negative defence import list has some hits, some misses & quite a bit of confusion

A study of the 101 items put in the negative list shows that over one-fourth are already manufactured in India and have not been imported for a long time.

Here’s how India can become a global bio-medical hub post Covid-19: Kiran Mazumdar Shaw

Indian start-ups are thinking creatively and using cutting-edge technology. But many of them are stuck at the stage of taking ‘ideas’ to ‘proof of concept’.

How shutting down of 1 plant turned India from copper exporter to importer in under 2 years

Sterlite Copper’s Thoothukudi plant was shut down by Tamil Nadu govt after resident protests in May 2018. India has since become a net importer.

Modi govt takes U-turn on e-cigarettes, says no plan to ban import

But minister tells Lok Sabha that e-cigarettes are harmful for both active and passive users.

Indian power plants not operating to full capacity as coal imports drop by 32 per cent

Modi government discouraging of thermal coal imports has been effective. But rising domestic supplies are failing to keep pace with demand.

In defence of tariff thrust, Donald Trump lashes out at India for ‘100% import duties’

External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman will be in the US for talks with their American counterparts next week.

On Camera

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.