Friday, 2 December, 2022
TopicImports

Topic: Imports

India’s palm oil imports jump to 1 year high in Sept as discounts widen

Boosted by strong demand ahead of the peak festival season and a steep discount to rival oils are the main reasons for the 18% jump.

Ta-ta Twix, hello Belco—Pakistan’s import ban is a cause for local chocolates to celebrate

While the import ban benefits Pakistan's local brands, some question why their foreign chocolates are being confiscated during customs checks.

Ultimate ‘sting op’ — how Indian scientists imported wasps from Africa to tackle an alien pest

The parasitoids, which arrived in a shipment from Benin last August, have been released in parts of Tamil Nadu where the Cassava Mealybug caused massive damage to tapioca crops.

As nickel prices soar due to war, here’s what Indian steel makers are doing to cushion impact

Stainless steel industry is a major importer of nickel, which has seen price spikes due to Russia-Ukraine war. Indian manufacturers have found some workarounds.

As globalisation is bombed, a ‘fortress economy’ is tempting, but India must know its limits

India can’t break free of global supply chains & will stay import-dependent for energy, weapons parts. Selective integration may work better by creating mutual interdependence.

India’s pandemic paradox: Poor pledge gold, rich buy more gold, pushing imports up by 200%

The trend of relatively well-off people buying gold comes at a time when poorer Indian households continue to pawn their meagre gold for funds. 

‘Not just minimise but eliminate’ — India tells its automakers to cut imports from China

With the transition toward EVs now inevitable, Niti Aayog Kant CEO said Indian auto manufacturers must aim to secure a strategic position in the global value chain.

India’s economic recovery is lopsided. It’s firing on one and a half cylinders

The two major engines of growth — consumption and investment, which make up more than three-fourths of the Indian economy — are yet to recover.

India’s imports from China rise despite boycott calls, pandemic. But this may not last

There has been a surge in China’s share in India’s trade basket by almost 3 percentage points for imports and 2 percentage points for exports.

Dal farmers & traders fear big losses, dip in production after Modi govt allows free imports

Govt officials say there will still be MSP procurement, but farmers say imports will make prices crash. Traders also won’t earn much on stored stocks due to lower prices.

On Camera

YourTurn

File photo of Kerala Governor Arif Mohammed Khan | ANI

Arif Mohammad Khan vs Kerala govt isn’t a new faceoff. Old cases show Governor wears two hats

Under UGC provisions, a search committee is appointed to find suitable candidates for the V-C post. Governors make their selection from among these names.

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.

Defence

A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.