World Bank says trade protectionism starts to level off

Barriers to imports in major economies are starting to recede after a rash of protectionism during the global financial crisis, World Bank figures showed on Thursday.

BPCL inks deals to import crude oil from Kuwait, UAE

New Delhi: State-owned Bharat Petroleum Corporation Ltd (BPCL) has signed contracts to import over 7 million tonnes of crude oil from Kuwait and the United Arab Emirates (UAE).
BPCL, the nation`s second biggest state refiner, signed term contracts for import of crude oil with Kuwait Petroleum Corp (KPC) and Abu Dhabi National Oil Company (ADNOC) during a visit of high-level delegation led by company Chairman S Varadarajan.

Saudi Arabia bans import of Indian chili peppers

Saudi Arabia, the fifth-largest importer of fresh vegetables from India, has banned the import of Indian chili due to the presence of high pesticide residues in it, media reported Friday.

After Moily`s remarks, Congress says no lobby behind Reddy`s exit

Congress sidestepped queries on M Veerappa Moily`s stunning remark that petroleum ministers are "threatened" by import lobbies.

Pak merchants ask govt to allow paper import from India

The All Pakistan Paper Merchants Association today demanded that the government should allow it to import paper from India to bring down prices and to end the hegemony of manufacturers.

Norms for bringing pets to India tightened

Tightening norms for import of cats and dogs as part of baggage, the government has decided that only those persons who are shifting residence to India after two years of stay abroad will be allowed to bring two pets.

Baby food safety turning Chinese to look for import

Afraid of a series of food safety scandals in the country, many Chinese parents have started importing baby formula food from overseas.

Gilani wants India to light-up Pakistan

Power-starved Pakistan is looking to import electricity from India, Prime Minister Yousuf Raza Gilani has said.

US halts imports from Japan nuclear zone

The United States became the first nation to block produce from ally Japan`s radiation zone.

Arrest arms import trends, favour self-reliance: Navy Chief

Favouring self-reliance in
military technologies and weapons production, Navy Chief
Admiral Nirmal Verma on Wednesday said India should arrest the trend
of importing arms.

Law to curb spurious liquor sale, illegal import of alcohol

Illegal possession of imported
liquor or bringing alcohol from abroad without paying
customs duty may land you in jail for upto three years, apart
from imposition of a penalty of Rs one lakh.

`Govt can restrict import of arms by individuals`

The Supreme Court has held that
a person cannot claim any right to import fire arms from
abroad without a proper license issued by the Directorate
General of Foreign Trade, as prescribed under the Centre`s
EXIM policy.

Maha Govt announces new arms policy; to import arms for police

The Maharashtra government on Friday
announced a new arms policy under which the police force will
be equipped with sophisticated weapons, even imported ones.

`Don`t import wives from India, Pakistan`

An Islamic scholar has told Muslim grooms to choose partners from Scotland.

Coal shortage to be met through import: Govt

Government Monday informed Parliament that due to limited availability of indigenous coal, the gap between requirement and its availability is expected to be bridged through import.

With cheap food imports, Haiti can`t feed itself

The earthquake not only smashed markets, collapsed warehouses and left more than 2.5 million people without enough to eat. It may also have shaken up the way the developing world gets food.

MP Govt to import and sell sugar at cheaper rates

Madhya Pradesh Government would
import sugar and disburse it at cheaper rates in retail
markets to check its soaring prices.

Import of sensitive items soars 34.5% in Apr-Oct

Imports of sensitive items like
edible oils, tea, coffee and milk products rose by 34.5 per
cent during the April-October period, fuelled by a massive
376.6 per cent jump in milk products import.

Impose duty on imported capital goods: FICCI

The government should impose duty on imports of capital goods as the domestic industry is facing cost disadvantage of 11-22 percent, a FICCI study said.

Govt to import diesel; stagger Euro III launch

India will import 2-2.5 million tonnes of Euro III-compliant diesel for supply from Apr. 1 despite the country staggering the full-scale launch of the fuel to October, top officials said on Wednesday.