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Imports

Petcoke Import Surges 73% In December 2021

Jan 12, 2022 Press Trust of India

Import of fuel-grade Petcoke was slow during 2021 due to high price and tightness in supply. But in the near past, fuel-grade Petcoke is again becoming competitive to coal and its users are switching from coal.

Exports Spike 33% to $7.63 Billion During January 1-7 Period

Jan 11, 2022 Press Trust of India

During the first week of this month, imports rose about 33 per cent to $11.60 billion as compared to $8.72 billion in the same period of 2021.


India Made Highest Gold Import In 2021, Spends Record $55.7 Bln : Govt Source

India bought nearly double the previous year's tonnage of gold in 2021 as there was a price drop in the early 2021. After the first wave hit the country, there was a price surge leading to a drop in the import of gold.

Defence Ministry Prohibits The Import Of 351 Items Under Staggered Timeline

Dec 29, 2021 Outlook Web Desk

The ministry said "351 imported items" will be "indigenized" in the next three years.


Defence Ministry puts restrictions on import of 351 items under staggered timeline

In August last year, the ministry announced that India will stop the import of 101 weapons and military platforms like transport aircraft, light combat helicopters, conventional submarines, cruise missiles and sonar systems by 2024.

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29 November, 2021

Chief Minister M.K. Stalin Demands Removal Of Import Duties On Cotton

Outlook Web Desk

The Chief Minister requested the Union Textiles Minister to take steps to remedy the situation and protect the industry and jobs.


20 November, 2021

Rajnath Singh: India Will Manufacture 90 Percent Of Defence Products It Needs By 2024-2025

Outlook Web Desk

"By 2024-2025, we will be achieving the target of exporting defence products worth USD 5 billion as fixed by Prime Minister Narendra Modi. I can assure him that 90 per cent of the defence products will be made in India soon," he said


19 November, 2021

Prices Of Pulses Substantially Stabilised Due To Pre-Emptive Measures

Outlook Web Desk

"Stability in the retail prices of pulses has been achieved on account of pre-emptive and proactive measures taken by the government such as taking import of tur, urad and moong from 'restricted to free category' with effect from May 15, in order to ensure smooth and seamless imports," the Union Ministry of Consumer Affairs, Food and Public Distribution said in a release.


16 November, 2021

Hardik Pandya Clarifies He Did Not Smuggle Expensive Watches From Dubai

Outlook Web Bureau

Hardik Pandya is known for his collection of super-expensive watches, including ultra-rare Patek Philippe Nautilus Platinum 5711, which costs upward of INR 5 crores.


01 November, 2021

India's Exports Increased 42.3% Y-o-Y In October To $35.47 Billion, Trade Deficit Widens To $19.9 Billion

Outlook Business Team

Total merchandise imports in October, however, rose 62.5 per cent to $55.37 billion.


14 October, 2021

Exports Rise 21.44 Per Cent To $54.06 Billion In September, Imports Rise 70 Per Cent

Outlook Business Team

Overall trade balance for September 2021 stood at a negative $14.43 billion. It was $4.23 billion in September 2020.


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19 July, 2021

Global Shares Fall On Virus Fears; Oil Slips On OPEC Deal

Associated Press (AP)

France's CAC 40 shed 1.1 per cent in early trading to 6,388.62, while Germany's DAX was down 1.1 per cent at 15,370.28


14 July, 2021

Economic Crisis: Sri Lanka Cuts Back On Imports Amid Mounting Debt

Associated Press (AP)

Shortages are pushing prices higher for many consumer goods, from bread to construction materials to gasoline, triggering protests among Sri Lankans fed up with the prolonged crisis.


10 July, 2021

US: In A Bizarre Smuggling Act Gone Wrong, Airport Authorities Seize 6,000 Fake Eyelashes

Associated Press (AP)

US Customs and Border Protection agents seized three thousand pairs of false eyelashes after officials discovered they were illegally transported from China to New Orleans.


23 June, 2021

Brazil Probes Health Ministry Deal To Buy Covaxin Vaccine

Associated Press (AP)

An agreement was signed in February which commits the ministry to pay USD 320 million, at a cost of USD 15 per vaccine dose, to Bharat Biotech


08 June, 2021

Kim Jong Un Presents Economic Plans To Stabilize Post-Covid N Korean Economy

Associated Press (AP)

Kim could use the upcoming Central Committee meeting to address the stalled nuclear diplomacy, said experts


07 June, 2021

Increase In Demand In US Surges China Trade by 28%

Associated Press (AP)

China's trade surplus in May was $45.53 billion, down 26.5% from a year earlier


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24 April, 2021

Govt Waives Customs Duty, Cess On Import Of Oxygen And Covid Vaccines

Outlook Web Bureau

The other items to benefit from the decision include medical grade oxygen, oxygen concentrator along with flow meter, regulator, connectors and tubing


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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