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India Nov trade deficit at record $23.27 billion

Economy

India Nov trade deficit at record $23.27 billion

India posted a record merchandise trade deficit of $23.27 billion in November compared with $10.19 ...

Govt to push local manufacturing, expects balance of payments to be strong

Manufacturing

Govt to push local manufacturing, expects balance of payments to be strong

India's government plans to promote the manufacturing of selected products, especially lines in ...

Govt looks to raise barriers on imports from Asia to curb Chinese products

General

Govt looks to raise barriers on imports from Asia to curb Chinese products

New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing...

India posts first trade surplus in 18 years as coronavirus hits imports

Economy

India posts first trade surplus in 18 years as coronavirus hits imports

India posted a trade surplus of $790 million in June, its first in over 18 years, with imports ...

Govt levies charge on steel imports from China, weighs customs duty on solar gear

Infrastructure

Govt levies charge on steel imports from China, weighs customs duty on solar gear

India has imposed an anti-dumping duty on flat rolled steel products that are plated or coated with ...

Govt plans extra tariffs, trade barriers on 300 imported products

Finance

Govt plans extra tariffs, trade barriers on 300 imported products

India plans to impose higher trade barriers and raise import duties on around 300 products from ...

Indian exports fall by over 36% in May

Economy

Indian exports fall by over 36% in May

India’s merchandise exports shrank by more than a third in May from a year ago, dragged down by a ...

India's exports slump almost 35% in March, outlook grim

Economy

India's exports slump almost 35% in March, outlook grim

India’s merchandise exports shrank by more than one-third from a year ago, dragged down by a fall ...

Govt scraps import tax on open cell TV panels to boost manufacturing

Economy

Govt scraps import tax on open cell TV panels to boost manufacturing

India has scrapped a tax on imports of open cell TV panels, used to make television displays, in a ...

India's trade deficit narrows in February on lower oil, gold imports

Economy

India's trade deficit narrows in February on lower oil, gold imports

India's trade deficit narrowed to $9.60 billion in February, dragged down by a fall in gold and ...