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Thursday, May 9, 2024
TopicIndian imports

Topic: Indian imports

US has dealt final blow to asbestos. But this carcinogen is still widely used in India

India accounted for nearly half of global asbestos imports in 2021. While India banned asbestos mining in 1993, there is no law to restrict its use in construction, import or trade.

Something worrying is happening in economy. Modi govt must shift focus to commerce ministry

Europe's share in Indian exports has gone up while Asia’s share is declining. The problem for India is: Europe’s economy is expected to struggle while Asia is set to drive global growth.

India steps up coal use to generate power & stop outages due to unusually dry weather

The driest August in more than a century has resulted in power generation surging to a record 162.7 billion kilowatt hours (units), a Reuters analysis showed.

Import curbs on laptops not about license raj, but ensuring trusted systems, says IT minister

On Thursday, the Modi govt issued a notification 'restricting' the import of laptops, tablets, all-in-one personal computers, ultra-small form factor computers, and servers.

Merchandise trade deficit in June in line with expectations at $20.13 bn, shows govt data

For the April-June period, services and merchandise exports fell 7.3% year-on-year to $182.7 billion, while imports fell 10.2% to $205.29 billion.

Rising merchandise imports in May signal stable Indian economy, say economists

Economists, however, do not see the wider merchandise trade deficit in May swaying expectations of a manageable current account deficit in this financial year.

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.

On Camera

If the Congress were truly a democratic party, Sam Pitroda would be a nobody

It is obscene that a man so detached from India should occupy such a powerful position in a party that governed India for most of its republican history.

Day after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights

About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

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.