Imports

India's trade deficit more than doubled to 28.68 billion and exports remained flat at USD 33 billion after contracting by 1.15 per cent in August, a preliminary data released by the commerce ministry highlighted on Saturday. Trade…

Silver imports are expected to bounce back to pre-Covid levels of 6,500-7,000 tonnes this year as there is a strong demand for the metal, said industry executives. Demand is also coming from the industrial sector as the economy has…

India's exports rose by 2.14 per cent to USD 36.27 billion in July while the trade deficit almost tripled to USD 30 billion during the month due to over 70 per cent rise in crude oil imports, according to official data released on…

Edible oil imports rose 31 per cent to 12.05 lakh tonnes in July amid a fall in global prices of palm, soyabean and sunflower oils since June, according to industry data. The import of edible oils stood at 9.17 lakh tonnes in the same…

India's palm oil imports in July fell 10% from a month ago, as refiners ramped up purchases of rival soyoil to take advantage of New Delhi's move to allow duty-free imports of the vegetable oil to calm all-time high prices, a trade body…

Pullarao Daravathu and thousands of fellow farmers from Telangana in India's south are busy planting oil palms as their home state aims to add more area under the controversial crop within four years than the entire country has in…

India's importers including of crude oil, commodities, chemicals and electrical machinery, besides business travellers and students studying abroad have been hit hard following a sharp depreciation of rupee against the dollar this year.…

India has asked the trade bodies to reduce edible oil prices by 15 rupees per litre immediately due to substantial drop in prices in the world market, the government said in a statement. The biggest importer of vegetable oils in the…

The share of Chinese imports in the country's total inbound shipments has declined to 15.4 per cent in 2021-22 from 16.5 per cent in 2020-21, sources said on Thursday. They also said the major items imported from China into India are…

Companies with US dollar loans on their balance sheets and importers are rushing to cover unhedged foreign currency exposures after the Federal Reserve's latest resolve to restrain inflation stoked concerns of continued fund outflows…