US President Donald Trump threatens tax on EU cars

US President Donald Trump escalated threats of a trade war, saying he would slap a new tax on European cars if the EU retaliated against his proposed steel and aluminium tariffs, the media reported.

Mar 04, 2018, 10:11 AM IST

Exports jumps 27.6% in March; trade deficit swells to $10.4 billion

India's exports grew by 27.6 per cent to USD 29.23 billion in March on account of robust performance by sectors like petroleum, textiles, engineering goods and gems and jewellery.


Apr 13, 2017, 19:20 PM IST

Coal imports likely to decline in December on notes ban, firm prices

Coal imports are likley to decline this month as well due to note ban and soaring oil prices in international market. The imports have already dropped by 16 per cent to 14 million tonnes (MT) in November.

Dec 18, 2016, 11:43 AM IST

Exports up 9.59% at $23.5 bn in October; trade deficit at $10 bn

Exports continued to grow for the second month in a row, expanding by 9.59 percent to USD 23.51 billion in October on healthy growth in shipments of jewellery and engineering products.

Nov 15, 2016, 19:29 PM IST

Gold import dips 55% to $7.88 billion in H1 of 2016-17

Gold imports dipped by about 55 percent to USD 7.88 billion during the first half of 2016-17, which is expected to keep a lid on the current account deficit.

Nov 04, 2016, 21:23 PM IST

STEELIMPORTS:Govt may not extend MIP on steel products beyond Oct 4

New Delhi:Government is unlikely to further extend the minimum import price (MIP) on certain steel products beyond October 4 as these items could be covered under anti-dumping duty, an official today said.

Sep 05, 2016, 17:04 PM IST

Power Series Conclave on 'Make in India' organised by The Dollar Business on Aug 24

Keeping the ‘Make in India’ initiative in the backdrop, The Dollar Business has organised the Power Series Conclave 2016-17 on “Make in India and Make for the World” on August 24.

Aug 26, 2016, 18:00 PM IST

Customs clearances to get paperless from 2017

Imports will become easier from the next year as the CBEC is planning to go paperless and move towards a completely integrated Customs system for facilitating documentation and fast-tracking clearances of consignments.

Jul 17, 2016, 12:17 PM IST

Govt slaps 20% export duty on sugar to check prices

Government Thursday imposed 20 percent customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs 40/kg.

Jun 16, 2016, 22:45 PM IST

Government eases norm for availing export benefits under MEIS

Exporters have been relieved from submitting the landing certificate of goods to avail benefits under the Merchandise Exports India Scheme (MEIS), a move aimed at facilitating ease of doing business.

May 05, 2016, 16:04 PM IST

17 out of 30 sectors in negative zone in March in terms of exports

Exports of over half of the 30 sectors closely monitored by the Commerce Ministry were in the negative zone in March due to a fall in global commodity prices amid tepid demand.

May 01, 2016, 17:50 PM IST

India's exports unlikely to improve in a hurry, says DBS

India's exports shrank 16 percent in 2015-16, and going ahead, it is unlikely to improve in a hurry due to its close correlation with global imports, a DBS report says.

Apr 19, 2016, 16:39 PM IST

Govt to take steps to expedite clearances for exports, imports

Concerned over procedural delays in exports and imports, the government has decided to initiate a joint exercise by officials from the ministries of finance and shipping for expediting the clearance process.

Mar 22, 2016, 19:10 PM IST

65 lakh tonnes pulses need to be imported this year: Paswan

India needs to import 65 lakh tonnes of pulses this year to meet the domestic shortfall, Food Minister Ram Vilas Paswan said today and assured that the government will not allow prices to rise in any circumstances.

Mar 15, 2016, 23:15 PM IST

China February exports down 25.4%, worst fall since May 2009

Exports fell 25.4 percent from a year earlier, twice as much as markets had feared as demand skidded in all of China`s major markets, while imports slumped 13.8 percent, the 16th straight month of decline.

Mar 08, 2016, 17:16 PM IST

Gold imports up 85% to nearly $3 billion in January

Driven by dip in global prices, India's gold imports increased by 85.16 percent to USD 2.91 billion last month.

Feb 15, 2016, 20:46 PM IST

Exports shrink for 14th straight month, down 13.6% in January to $21 bn

India's exports contracted 13.6 percent in January - 14th month in a row - to USD 21 billion due to a steep fall in shipment of petroleum products and engineering goods amid tepid global demand.

Feb 15, 2016, 19:18 PM IST

China exports, imports slump in January: Customs

Chinese trade slumped in January, authorities said today, as both exports and imports tumbled with feeble domestic and global demand dragging on the world's second-largest economy.

Feb 15, 2016, 17:08 PM IST

Exports contract for 13th consecutive month; dips 15% in December

India's exports contracted for the 13th month in a row, dipping about 15 percent in December to USD 22.2 billion due to steep decline in engineering and petroleum shipments.

Jan 18, 2016, 18:29 PM IST

Foreign e-tailers to rake in Rs 54,700 cr from local shoppers

Despite government's attempt to curtail imports of consumer items, shoppers are likely to buy Rs 54,700 crore worth foreign goods from overseas e-tailers this year, a report said Thursday.

Nov 26, 2015, 23:55 PM IST