Sunday, 4 December, 2022
TopicIndian imports

Topic: Indian imports

India’s laptop imports surged to $5 bn in first 9 months of 2022. Nearly 73% came from China

Since 2017, China has accounted for around 75 per cent of India’s laptop imports, but the government is now expanding its list of importing partners.

India-US trade 40% higher than pre-Covid. But export basket has same old gems, jewellery, pharma

Between January and May this year, India-US goods trade touched $55.57 bn compared to $40.27 bn in the same period in 2019. Experts say surge largely driven by Indian exports to US.

US says India, China may be buying more Russian oil than believed, easing supply crunch

The price of West Texas Intermediate crude has fallen to just over $105 from more than $122 earlier this month — raising hopes that pressures may ease at the gas pump.

Why India’s exports bucked trend, showed higher growth than imports in 3 quarters of 2021-22

Merchandise exports touched $301.38 billion in April-December 2021, a 26.49% increase over same period in 2019. Imports touched $443.82 billion for the same period, a 21.87% increase.

Liberal palm oil import rules will harm self-sufficiency, say farmers & traders, seek review

As edible oil prices hit record highs, govt reduced duty on crude palm oil to 10% from 15%. To further cool down prices, licence-free import of palm oil products was allowed till 31 Dec.

India’s exports rise by 46.43% to $14.06 billion crore during first half of June

Exports of sectors such as engineering, gems and jewellery and petroleum products recorded healthy growth rates. During the same period, imports too rose by 98.33% to $19.59 billion.

India’s exports grow by over 67% to $32.21 billion in May, trade deficit at $6.32 billion

According to data released by the commerce ministry, exports in May stood at $19.24 billion in 2020 and was at $29.85 billion in 2019.

India’s exports jump to $30.21 billion in April, trade deficit widens to $15.24 billion

Imports rose by over three-folds to $45.45 billion last month as against $17.09 billion in April 2020, according to data released by the commerce ministry.

Ladakh shows Russia won’t choose between India and China. It doesn’t want to

US sanctions on Russia as well as its determination to paint Vladimir Putin as the bad guy is driving Moscow into Beijing’s arms. Make no mistake, this is a willing embrace.

RCEP would’ve led to flood of imports into India. Reform is a better way to boost exports

India hasn’t signed the RCEP, leading to concerns that it will get isolated. But it’s a China-centric deal that would have few advantages for India’s exports.

On Camera

YourTurn

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

Navy chief Admiral Hari Kumar addressing a press conference on the eve of Navy Day | ANI

Indian Navy puts on hold plans to build IAC 2, but is considering repeat order of Vikrant

At his annual press conference, Navy chief Admiral Hari Kumar also said they'll soon take a call on whether they'll go in for marine version of Rafale fighters or F/A 18 Super Hornets.
Illustration: Soham Sen | ThePrint

Gujarat election is anything but dull. BJP’s political neurosis about AAP is the hidden headline

Gujarat is the only state where Modi is directly in contention. Even if he wins, the team that runs him closest has much to gain.