Friday, 24 June, 2022

Topic: Imports

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.

Centre allows import of 17 medical devices for 3 months amid Covid surge

To meet rising demand, Centre has allowed import of equipment like nebulizer, oxygen concentrators, oxygen cannister, oxygen cylinders, oxygen generators and ventilators.

On Camera


Bucket hat meet feather boa Photographer: Kevin Winter/Getty Images North America

1990s house music and fashion are back — unfortunately, so is a 1970s economy

It may be fear of recession that’s driving today’s obsession with all things early ‘90s. The period was characterised by a dismal economy and large-scale unemployment.
Bombay Stock Exchange in Mumbai | Bloomberg File Photo

Three charts show trouble for Indian stocks and why its unlikely to end anytime soon

The S&P BSE Sensex Index has fallen more than 15% from its October high, nearing the 20% loss that denotes a bear market.


The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.