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India imports News
India's palm oil imports set to hit six-year low: Industry official
Fri, Aug 17, 2018
For more than three months palm lost its competitiveness in Indian markets relative to other oils due to the higher duty, said Sandeep Bajoria, chief executive of the Sunvin Group, a Mumbai-based vegetable oil importer.
India's year-on-year exports up 20% in May; imports rise 15%
Sat, Jun 16, 2018
According to data released by the Ministry of Commerce and Industry on Friday, petroleum products, organic and inorganic chemicals and drugs and pharmaceuticals showed a high export growth rate.
India raises import tax on edible oils: government order
Sat, Nov 18, 2017
The world`s biggest importer of edible oils also raised the import tax on crude soyoil to 30 percent from 17.5 percent earlier. It raised the import tax on refined soyoil to 35 percent from 20 percent earlier, it said.
India's October trade deficit widens to near 3-year high of $14 billion
Tue, Nov 14, 2017
Merchandise exports for October fell 1.12 percent from a year ago to $23.1 billion.
India's trade deficit narrows to $8.98 billion in September; exports rise by 26% yoy
Fri, Oct 13, 2017
Trade deficit is considered as an economic measure of international trade - in which a country's imports exceeds its exports.